simtrader19a

simtrader19a

After the recent sell off because the FED and global interest rate rises we cans see the NASDAQ which is the US index most effected by interest rates. in particular US02Y. We can see that price is entering a strong demand area with Fibonacci confluence from a number of data points. Lets see how the market reacts at this level

simtrader19a Updated 

Due to US releasing Emergency reserves, and China slow down due to covid in Beijing and Shanghai oil is dropping, over supply of oil.

simtrader19a

Using current US 30Y Mortgage Rate and applying projected interest rates rises we can see what the fed is doing in the future

simtrader19a

Fundamentals suggest when US02Y & US10Y yields become inverted ( US02Y is higher than US10Y) it signals a recession. Have made a tool to compare the inverted yield curve with SPX 500

simtrader19a

With US CPI at all time high which in turn has increased the bond yields this makes the DXY rise. Looking at current charts we can see price divergence between the SPX 500 and DXY Looking from a Fundamental perspective anticipate DXY to continue to rise and for major indexes to drop

simtrader19a

Considering USCPI is at all time high, which is driving bond yields higher making the DXY rise. We can see Divergence between SPX 500 and DXY With Fed expecting a 0.50% on next FOMC announcement 04 May 22. Anticipating indexes to drop

simtrader19a Updated 

As we can see price is conducting a pullback and since we had a short wave two price should make a deep wave 4, then when it hits supply probability of turning down for next impulsive move for the 1.272 fib extension which aligns with next demand level. From a fundamentals perspective, Quantitive tightening and high expectation of increase of interest for next...

simtrader19a

Looking at DXY we have a Wykcoff setup on daily and waiting for the pullback to enter short

simtrader19a

Long term point of view for gold which has made a Cup & handle Inflation Trade

simtrader19a

Due to China cutting key mortgage rate the Property shares in Hong Kong jumped which in turned moved the index making a nice Cup & handle Pattern

simtrader19a

BTCUSD has conducted a pullback and now broken the counter trend line for what appears top be continuation to next level of demand

simtrader19a

When looking at Weekly chart of RUT index we can see a picture perfect Wyckoff setup, Have highlighted the probable target are based on price action, This is being support but the Macro fundamentals in regards to US economy

simtrader19a

Price has made a lower swing low conducted a pullback to make a lower swing high forming a diamond pattern

simtrader19a

Price has made a Wykcoff setup for a short and using Fib levels against price action one can see the target areas that may be hit

simtrader19a

Nice Bullish Flag set up on TQQQ Triple Leveraged on NASDAQ index

simtrader19a

Price has made a nice Reverse Head & Shoulders Pattern

simtrader19a

Strong buyers backed by volume making a CUP & HANDLE setup

simtrader19a

Price has broken supply level and retested with breaking the counter trend line to make a diamond pattern