While DXY keeps dominating, other assets are falling. I think Big Money are accumulating at these levels. Keep an eye at $1580 and that could be the bottom. I don't think DXY and GOLD are a pair, but I think Big Money would hedge into Gold when they are done with liquidity assets. Long term target: $2200+
It looks like ABC almost hit Fib 1.382 extension at $73 but on the other hand wave C is almost completed with 5 waves 1.618. RSI already showed a double divergence. My guesses for entries are $80, $78, $73. All the correction from March is about to complete of primary wave 3. We could retest $129.
I believe SAVA won't go back to ATH and likely go $50 $60 max and come down to a few dollars. This is what I see it. Hope it helps.
This is just my prediction on macro trend on SP500 . I could be totally wrong.
This is a very classic move that SP500 rejecting by the gap. Now we have a gap down at $3800. Let's see if it's going there and test it.
I just can't believe they are setting up a pattern like this for September trapping for both bulls and bears. It looks like it formed a leading diagonal and heading to downside after the retracement is done. My bias is it doesn't look like bullish to me. We might see a rejection at $4040-4069. I'm very concerned what's coming in next week. Hope everyone don't...
Tesla's price jumped 50% over two months. I think it's time for bulls taking a rest.
If Apple holds support at $165 we might have another leg and retest $176. This would be it for the market.
Moderna could have another leg down and may bottom somewhere in September targeting $90.
While we are in choppy market or bear market rally, stock indices like SP500 almost hit 50% of retracement and people already started bearish to new lower lows. I half agreed with them but Bitcoin doesn't give me a confirmation of its bear market rally top. This seems like Bitcoin needs at least 0.236 or 0.382 retracement between $30k to $40k range. Let's not...
We may have another day downside tomorrow then will be up to $900 into the splitting day.
We enter into a support area. If it holds above $4100 we could test $4300 again.
Tesla has a gap down today. I predict that it could go $840-$880 in short term.
The leg is little short. I'm thinking we could reach $4369 before a big retracement or may be the top from there. We could potentially reach $4500 and that would confuse everybody.
I think if Tesla holds $905 tomorrow, we can test $940 level again. If it breaks the line, we are going bearish .