The Chinese stock market is performing better than counterparts around the world. However, the risks surrounding the Zero-COVID policy and a potential global recession weigh on the advancement towards my targets. Trade with caution ⚠
The last time this happened was in 2018 but the market some how management to rally which resulted in a false breakout. In 2020 the market came back to this level and spiked around this area before turning into an almost 2 year rally. 2007 was a different story as market broke structure and the result was a sell of that lasted one year. What will happen in...
Quick observation that IF the data is correct, then Australia just started a mini-wave.
Next wave for India appears to be projected about 8 August 2022. It is already on the rise...
Heads up... Next Wave 5 is ON. Not expected to be bigger than the initial Omicron wave, or even Delta for that matter, but significant enough. This probably comes from imported cases with less screening and testing, as well as under reporting. The under reporting is messing with the data outcome and accuracy, also significantly dropping the heads up period......
For the longest time, I have been debating whether or not to begin posting my trading sentiments since the trading community I look after & am a part of is a very private one. That said. we are in unprecedented times, a lot of people do not know what is coming their way. nevermind how to protect themselves/ take advantage of relevant opportunities. So I have...
Nice breakout from that bullish pennant flag🔥 Monkeypox might be the next Pandemic (according to WHO) and $SIGA might be the next $MRNA (5000% up since the beginning of Covid)🚀📈
The stock market has made significant gains in recent years. However, the S&P 500 has gotten off to a bad start in this period of high inflation. Stock markets are not immune to inflation. Many factors affect it and one of the most important is interest rates. The Federal Reserve has raised interest rates over the past few years, which has caused inflation to...
Update from post yesterday - obviously the manufacturing news killed momentum so taking this opportunity to roll to July expiration and add some lower strikes at a discount. - Chart indicates a symmetrical triangle breakdown into support. DMI suggests accumulation, this will be the spring. - Expecting yellow path to play out as price trajectory. Forming an...
Looks like the weekly CMF is still on its way back up. Back in March 2020 it broke through the 0 lien and then came back down hardcore - something like this could happen again. Trade carefully - risk management!
BLR hit the scene on a super pump play some time ago...the CEO.ca board was filled with hopefuls and the CEO flogged their "test kit" story. They did a deep disgusting split that provided some folks hope. I'm not an expert but everytime something does a reverse 25-1...it's best to step away. It went from test kits to weed from weed to baked goods with weed in...
Copper has attempted a rebound from technical oversold levels in recent days, following a 20% drawdown from its all time highs, thus officially entering a bear market. Is this an indication that investors have already priced in a global economic downturn and that the worst is now over? Or are we merely experiencing a copper bear market rally, with further...
The technical figure Pennant can be found in the US company Johnson & Johnson (JNJ) at daily chart. Johnson & Johnson is an American multinational corporation that develops medical devices, pharmaceuticals, and consumer packaged goods. Its common stock is a component of the Dow Jones Industrial Average and the company is ranked No. 36 on the 2021 Fortune 500 list...
WHEAT make market shift, now waiting for correction and potential BUY Remember DYOR
Continued Thoughts & Ideas from previous post: Accessing the Risks of US recession ~ Credit & Growth Concerns ~ FED will not Put ~ Equity Revaluations "Bubbles" that have already bust ~ Used cars ~ Precious Metals. ~ Equities, Yields, Bonds ~ Crypto "Bubbles" pending... ~ Housing ~ Agriculture ~ Credit ~ Unemployment
Signs of bullish falling wedge imo. comments opinions plz first chart im publishing.
The US Dollar has been bullish for months... Global economic uncertainty caused by inflation, COVID, and the Russian and Ukrainian conflict have caused cash to flow to USD assets. Could the USD be currently over-valued? My analysis suggests that USD price is due a retrace move, especially on very over-extended pairs such as USDCHF, USDJPY, EURUSD and GBPUSD......
As posted previously, data is (subtly) showing the start already... IF anyone really still cares. Not expecting to be a major or steep wave... not yet at least. May in crease in may Palindromic pun intended.