The previous setup on nasdaq failed to hold as the market turned bearish from the daily time frame. breaking through previous support area.
We expected more bearish price action to occur before a full on bullish reversal wave to take place.
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Just have a look. I present a case for probability south on the DJI (Wall Street).
Reality is catching up.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions...
I present Tradingview data on COVID-19 infection rates and death rates in the USA - and compare those with the DJI (Wall Street).
Contrary to what we've been told by our leaders and mainstream media, there is no plateauing of infections or deaths in the USA.
NOBODY can say that the virus has peaked. The virus is charging north on exponential curves. Most of...
In this video I will be speaking on the very basics of learning how to trade the stock market. The concepts of support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis. Part of analysing chart patterns, these terms are used by traders to refer to price levels on charts that tend to act as barriers, preventing the...
Disclaimer: There are many diseases, and this list is my personal opinion based on several factors mostly deadliness & contagiousness.
There are no infectious diseases as of now that are highly infectious and also highly deadly.
Simple logic: if there was then we would all be immune to it and therefore low death rate, OR we would not exist we'd have been wiped out...
Traders, If you have been following the news items on mainstream media or social media, people all over the world seem to be discussing recent fall in indices indicating another market crash and a possible recession. In this study lets look at S&P500 index from almost purely technical point of view.
Hit the like button and subscribe if you enjoyed this study....
The picture of the 2019-nCOV is rapidly evolving. Globally there have been >14,000 cases and >305 deaths. The trajectory of spread of this virus has exceeded SARS (2003).
In under 20 days there are 14,544 cases. There were less than 20 cases in the same period for SARS.
SARS plateaued off at 8,500 cases after 100 days then fell off. What we're seeing in hard...
In this screencast I look at the S&P500 on the 4H time frame only. I show how I estimate the probable direction (this does not mean prediction).
I give some information on why the markets are reacting to a low grade coronavirus called 2019-nCOV (same family as MERS and SARS).
Disclaimer: This is not trading advice. If you make decisions based on this...
This is a very short presentation on how previous virus attacks have affected Wall Street (daily time frame). I go back to 2013, plotting what was seen.
This is relevant in relation to the recent Wuhan coronavirus (WCV). Mainstream media have referred to WCV as a "deadly virus". This is frankly nonsense based on current data.
The case fatality ratio (CFR) is...
