This is unusual for us to analyse the S&P500 since our expertise is in the crypto space, but since the last S&P500 minor crash interfere with our bitcoin prediction, and ruined nearly two months of perfect accuracy( imgur.com ) we had to come and check how serious this really is. A another chart will be released soon of today's in the comments 16% explanation...
In this chart we see a reversal rising wedge after a nice uptrend and pump also they need a retracement becouse: -Stoch 1D is hardly overbought and also there we have a confirmed bearish divergence -RSI 61.27 is bullish but near overbought zone -Macd still positive near overbought zone also -Volume still going down which is a bearish sign -This rising wedge also...
We doubt that there will be much bear move at this point, but we shall continue monitoring the price movement before making any decisions. Dow fell last week and got some price rebound off the supply zone. Yesterday, we saw it moved around 300 points which was more than what we expected. At this point, we still have a slight bull bias in the near term but it...
End of a market cycle, higher inflation, interest rates hike are inevitable, Bond yield will be higher than stocks dividends soon... Stocks could continue it's bull run for a while, however I think we really are on the top of the current economic cycle and the whole stock market could eventually drop significantly lower. And I'm not even talking about the China...
Hey guys! So today I'm taking a look at the European market, more precisely the German stock market and this is not looking so good now. Since Germany is the economic power of Europe, we can rely on this index (DAX) to know what's up with the European stock market. After the Dow Jones index or the S&P 500 index, my favorite one to take a look at the western...
But before we have to spot the bottom. Cybersecurity is the big actual/ next thing. all what goes with cybersecurity is to watch with real attention. I have great feelings and I know that with kudelski one day we will be togheter on the top spraying in the air a bottle of dom perignon. The road for the top, goes through the bottom. My impression is that 5.30...
This is a quick opportunity to sell the Germany 30 index. We've seen bearish pressure for some time now so it's likely there is more to come and the next support area could be a possible target. This is just an idea, not advice! Good luck everyone!!
Implications and Outlook For the last three days, we have seen the NASDAQ concerns spread throughout the indices. The technology sector has been the superstar performer for some time; however, that looks to be rebalancing act at this point and also throughout the Emerging Markets sphere. Our Mean Support 7414 has been met on the money. Intermediate rebound...
Implications and Outlook The SPX seems to be making progress towards Mean Support 2856, as huge investment capital flow preps to move in following a long time stand on the sidelines. Even while there has been some come back in certain Emerging Markets, the longer intermediate-term trend continues to be bearish as if looks the major moves are not yet been...
This chart proves the theory that Employment Rates in America is what dictates the direction of the stock market. When people are employed, the market goes up and we should be riding it to the top until employment starts to fall. Please comment and let me know what you think of this idea and whether I should include any additional data.
There is no real clear price action direction, this chart has even room to run in both directions, and the 'IVR is high which makes it a good candidate for a short premium trade. I am selling a straddle as I can collect 10% of the underlying in premium in just 46 days.
A bullish pinbar formed yesterday in the daily candlestick chart. This pinbar occurred from a small pullback, off of near term support. Bullish pinbars are patterns that show a false break lower, where there are now traders to went short as it dropped, but when price got pulled back up those traders are now trapped in losing positions. This signals a market...
"Tesla continues making headlines as they transition from a startup to a mature company. Elon Musk’s struggles to meet production goals and sustain profitability make stock price predictions continuously challenging. When Tesla introduced its first vehicle to the world, investors clamored for what they saw as a truly innovative product. The world of electric...
"Amazon produced very little in the way of earnings over much of its life, choosing instead to reinvest into the business. While revenues soared, costs grew alongside them. But, how good are Amazon's earnings? Background From its humble beginnings taking on the retail book industry, Amazon grew into the behemoth we know today. Jeff Bezos boasts the titles of both...
Implications and Outlook 1. American markets were all about the data and also the improved (fake) than anticipated jobs topic of 213,000 as well as the rate increases to 4%. The net result has been a first headline sell-off, however, a retrieval in key stocks indices to close up with favorable numbers on the day. Yet again, the top performer continues to be the...
Implications and Outlook 1. Still appearing like the market consolidation phase predicted for the first six months of 2018 for SPX Index was right on positive track. In this period, we've not only witnessed the bottoming of the stock market but also the low price in for the DXY Index. Even though prices are shifting away from the day's highs as the week's trading...
The NIFTY has been due a major correction. Something seems to be happening.
As you can see there seems to be a lot of resistance on the downside for SPX 500 to fall towards my target price, but I believe in Drama's and not just easy trades. I like the story in the charts which has been given to us time and time again. The momentum is towards the upside as it has broken the major trend line but that does not mean we will not break it again...