This is why it is so easy to analyse the oslo stock exchange now
As we can see.... ther is an EXTREEMLY CLEAR dobbelt top we have to do with. I discovered that allready in february, wich i was able to act on my self and sell out eraly. I allso hav an erlighet analysis of this at my profile.
- Brent crude now 35. At last time brent crude was at 35 was january 2016. then the price of osebx was at 514,65 .
- The january 2016 price was (not a random event), the same as the top of may 2008 sycle right before the financial crisis.
- I am followin ghte marcets close frm tic to tic. It is seariously much affected by the tecnical picture theese days, and the media who is withdrawing information for days, to the let eveything out in the weekend, to make big headlines and meida storms (to make more people read the news at ones with more attention). When corona came the media was on purpose holding back the big headlines, but when s&p500 hit that upper roof (sooport level) at the all time high. THEN SUDDENLY the market attended more attention and the media blew upp the headlines with information they had allready been sitting on for a long time. I saw this ass clearly as the day with my own eyes. A dcelay caused purely of tecnical pattern in snp + the following reelese of with - holded media information.
- About the corona virus i dont know... i calcuulated earligher that wil will in some time in mars-april have 720 deseased in norway, and then wee would se a stabelising. But this is verry unclear so it do not take a big part of my analysis. We se that the pattern on snp500 in 05-08 is the same as 14-20. Due to the expected snp downgoing it increases chanse of osebx down.
I expext osebx down to 515 due to the long upptrend, what i discussed over + fibonacci retracements opens for even further down movement than thiss. all the way to 0,786 zone at support level at 330 (A BIG FALL from todays prices in that case) but this is not a part of my analysis for now. For now, my goal is that 515 level. (to me,,, 70-80% chanse for that for that we se the 515 level). I will by funds at that level. If the price goes down to 330 i will put a loan on it (laverage) at 50% (1:1 rate loan and equity). if it moves even further down i will probably just sit. i will not laverage more than 50% equity balance (as for this analysis)
Please look at my other earligher analysis! manny has been corect, even thoguh some (verry few) of the lon position analysis has been slightly off due to the uppcoming of the corona virus.
- Brent crude now 35. At last time brent crude was at 35 was january 2016. then the price of osebx was at 514,65 .
- The january 2016 price was (not a random event), the same as the top of may 2008 sycle right before the financial crisis.
- I am followin ghte marcets close frm tic to tic. It is seariously much affected by the tecnical picture theese days, and the media who is withdrawing information for days, to the let eveything out in the weekend, to make big headlines and meida storms (to make more people read the news at ones with more attention). When corona came the media was on purpose holding back the big headlines, but when s&p500 hit that upper roof (sooport level) at the all time high. THEN SUDDENLY the market attended more attention and the media blew upp the headlines with information they had allready been sitting on for a long time. I saw this ass clearly as the day with my own eyes. A dcelay caused purely of tecnical pattern in snp + the following reelese of with - holded media information.
- About the corona virus i dont know... i calcuulated earligher that wil will in some time in mars-april have 720 deseased in norway, and then wee would se a stabelising. But this is verry unclear so it do not take a big part of my analysis. We se that the pattern on snp500 in 05-08 is the same as 14-20. Due to the expected snp downgoing it increases chanse of osebx down.
I expext osebx down to 515 due to the long upptrend, what i discussed over + fibonacci retracements opens for even further down movement than thiss. all the way to 0,786 zone at support level at 330 (A BIG FALL from todays prices in that case) but this is not a part of my analysis for now. For now, my goal is that 515 level. (to me,,, 70-80% chanse for that for that we se the 515 level). I will by funds at that level. If the price goes down to 330 i will put a loan on it (laverage) at 50% (1:1 rate loan and equity). if it moves even further down i will probably just sit. i will not laverage more than 50% equity balance (as for this analysis)
Please look at my other earligher analysis! manny has been corect, even thoguh some (verry few) of the lon position analysis has been slightly off due to the uppcoming of the corona virus.