Macro Monday 43
Japan Composite PMI – Japan’s Business Activity
(Flash PMI is released Tuesday 23rd April 2024)
Unfortunately, I had great difficulty in locating the Japan Composite Flash PMI in chart form on TradingView (it appears to not be available).
Instead we will briefly cover the Japan Composite PMI chart which is the final PMI released later...
I must say I adore Chief Executive Officer Michael Saylor and think he is brilliant and a wonderful communicator.
We all know the drill- they have taken out a $650m & a $950m loan at rates under .01% and have been buying bitcoin since sub $12k and then using the capital to pump it up. Which in turn continues to pump-up their own underlying assets which are...
Almost 40% below its September all-time high.
Stochastic at the oversold point.
On-balance volumen falling into a support level for possible reversal.
It has respected the Fibo areas on several occasions.
Touching support at 23.6% of the fibo around $20.
It has resistance at $22.7 and another around $25.
Almost 70% institutional property.
Backed by Invesco,...
$Z is very close to the pivot has been trying to break since 2018. watch for a breakout $66.44 with high volume.
12 months Consensus Price Target: $62
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
Mastercard is close to buying point of $310.43. Forming a double bottom, to confirm needs to get above the buy point.
12 months Consensus Price Target: $326.85
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
Technically exhausted bulls and tonight we have Businesses & Employment reports incoming from the US (ADP, ISM, and PMI) which are some key data representing the US economic outlook. Any unexpected numbers can spark volatility on this major pair. We had a 50bp emergency rate cut which was a surprise last night from FED and the aftermath outcome for the king was...
When investing inside the stable market of primary resources like Water, Electricity and Gas. Their bigger well know companies that start of small with extreme potential of growing more mature along the market. Risk-taking has become confidential but unsure of the outcome of assets to lose and invest. However, investing into small stock symbols this could bring...
MACD on daily about to cross.
Relative Strength and Money flow are good.
We are very close to publish our website www.penniestothousands.com which will have four audio tradliminal trading tapes plus an invitation to join for our monthly fee of our trading room. Even though the markets are closed tomorrow there will be some economic data so KEEP AN EYE ON IT!
The...
