1 hour ago
1). Apparently, Powell has committed to a 3rd. Rate-cut in Dec., which is typically great for Risk Assets! 2). Wave 5 needs the drop! 3). Volume is dropping! 4). Huge trend resistance! 5). The 72.8% Fib level is providing Supply and likely going to make it to the lower 61.8 Golden ratio! 6). When the lower correction is over... X-mas rally may begin early!
24 minutes ago
Note
The Bond market is typically a "Risk-Asset" barometer, which tends to move with a Lag on market Fundamentals...
22 minutes ago
Note
We think the "Risk-Asset" Xmas rally could begin at the bottom of wave 5!
1). Apparently, Powell has committed to a 3rd. Rate-cut in Dec., which is typically great for Risk Assets! 2). Wave 5 needs the drop! 3). Volume is dropping! 4). Huge trend resistance! 5). The 72.8% Fib level is providing Supply and likely going to make it to the lower 61.8 Golden ratio! 6). When the lower correction is over... X-mas rally may begin early!
24 minutes ago
Note
The Bond market is typically a "Risk-Asset" barometer, which tends to move with a Lag on market Fundamentals...
22 minutes ago
Note
We think the "Risk-Asset" Xmas rally could begin at the bottom of wave 5!
Note
"Risk-Assets' such as the S&P's, NZD/USD, EUR/USD etc.Note
Price is at the fair market value, and as indicated by our Gold & Black squiggly line indicators, Banks & Hedge funds are selling on the Daily chart!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.