Firstly, September 2007 - Lehman Brothers collapse March 2023 - Silicon Valley Bank collapse Asset correlations (bottom pane): Gold ( red ) - on a slow rise in 2007, same as today Dollar strength ( blue ) - bearish in 2007, same as today Nasdaq (orange) - bearish in 2007, same as today Indicators' inference : The top pane shows a...
Not investing advice and do your own due diligence!
Not investing advice and do your own due diligence!
Markets don't necessarily repeat, but they do tend to 'rhyme'. What do you think?
green line is 2008. Things are looking to be worse than 2008 with WW3 on the horizon. The only way there saving this market is with stimulus.
S&P500 Outlook for the 1st week of January 2023 on the 4 hour chart. Looking for a minor high, or the beginning of a strong move to the downside to HEAVILY short the market within the first few days, or first trading week of January. 1) Always have your stop loss in place. 2) Always have your 'take-profit' target planned before entering. 3) Always be open to...
S&P500 Outlook for the 1st week of January 2023. Looking for a minor high, or the beginning of a strong move to the downside to HEAVILY short the market within the first few days, or first trading week of January. 1) Always have your stop loss in place. 2) Always have your 'take-profit' target planned before entering. 3) Always be open to being wrong, and exit...
S&P500 Outlook for the 1st week of January 2023. Looking for a minor high, or the beginning of a strong move to the downside to HEAVILY short the market within the first few days, or first trading week of January. 1) Always have your stop loss in place. 2) Always have your 'take-profit' target planned before entering. 3) Always be open to being wrong,...
On the XAUUSD chart, a clear SMC setup is seen. After the liquidity grab, the price has reacted to the weekly daily-refined supply zone with a Head and Shoulders formation (4H). To complete this formation, the price might bounce off the 4-hour flip zone. Drops, breaking through the support and making the next break of structure, can stop at the nearest demand zone...
I think that in mid-November we may be dealing with a stock market crash. Let's take a look at the volatility index of the S&P 500 stock index. The analogy of 2008 has been fulfilling almost perfectly so far. If it continues, the price should completely fill the gap and rebound from the green zone. If we break the red zone, I would expect a rebound from the newly...
I have been considering the 2008 analogy for some time. I tried to find an important price resistance and I found it. In 2008, the worst drops started at 1313 and it was a fibo retracement of about 47,5%. Today, a similarly important level, in my opinion, is the retracement of 3939, which is also about 47,5% fibo. Of course, I don't expect a perfect rebound of the...
Let's see what the 2008 analogy says about the next thing. Currently, we can observe a similarity in many charts, e.g., the S&P 500 index, VIX, gold, and USOIL / UKOIL, to what was happening in 2008. Copper is no exception, and the analogy indicates copper's price decline. If the price follows it perfectly, the declines may end in the second zone. But I do not...
The actual USOIL weekly chart is confusingly similar to the 2008 daily chart. By analogy, the oil price should go south even to twenty-something dollars. The current economic situation confirms it, as the leading economic indicator (LEI) announces a recession in the near future. Also, moving average analysis confirms it. I matched the closest smoothing moving...
In conjunction with my previous Dow Jones analysis (Link to it down below), we foresee another 40% drop in S&P500 until mid-2023. The analysis done on these charts is based on old repeated market cycles that were last seen during the market crash of 2008. As you can see clearly on the charts, the market has been playing the exact scenario of 2008, since March...
I compared what happened in 2008 with current chart: - In 2008, the market fell over 50% - In 2008, the bear market lasted around 450 days If we’re about to witness similar situation now, we are long way from the bottom: - 50% drop would be around 2200, they we would see double bottom and trend revelsal - the bear market would last till March/April 2023 Of...
when do the weekly's ever lie ? that's a redundant question because you and I both know the answer - Just a reference ... don't sweat if we're just stuck in a timeloop it'll happen again and again and again fight for your freedom buy bitcoin
It took about 3.5 years, from the last top in late 2007, to cross all relevant moving averages in early 2011, for us to confirm all the market bottoms were in. During that time, more than half of the market was lost in its last bottom compared to its last top. Expect same or worse in this 2022 recession, as more things will pop in this everything bubble. The...
Using fib, we can see there is possible recovery at the .618 zone. Just a lovely coincidence of course.