*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management !! This chart analysis is for reference purposes only !! Looks like we will...
In the light of a recession with the GDP seeing negative growth in Q1 and a tighter monetary policy from Fed as well as rate hikes from Fed does the high profile growth stocks see a slow down. The main buyer of these high profile growth stocks is NASDAQ where many of these stocks see a bearish market (e.g. Meta Platforms, Zoom and Netflix) as investors go from...
I was looking at the start of April 2008 through May 1st 2008, when I noticed similar price action from April 2022 through May 1st 2022. On both charts, at the start of April to the 1st May the price fell an average of 16%. Since I know what happened in 2008, I used the fib retracement to see how much of retracement the NASDAQ would go and how long it would...
Given the somewhat bullish news from the Fed today, a rate hike of only 50 basis points and no larger hikes in the near future, things seem to be looking up. The news gave way to a major rally midday, erasing losses since- well, last Monday. However, it should be noted that the fed slipped in a dirty curveball: in June it will start a multi-trillion dollar...
False breakout of the order block there where it stopped the bear is showing there strength. Russia is planning to invade another country, China is planning the way to invade Taiwan. Also USA.. still going to recession and inflation is going 8% higher now. Everything is mixed up and the bears aren’t done yet its not over. The very bad news is Russia is...
Is The US market crash coming ? We have 3 types of “crashes” Correction <15% downward movement in a major indicy Bear Market <20% downward movement in a major indicy Black Swan event, something very unexpected that tanks the market, think 1987, 1929, challenger disaster, 911 and so on. The fourth type is the 1919, 1929, 1999 and 2008 scenario that people...
The TNX looks like it's been in a huge cup and handle pattern since early 2020. It also looks like the handle is breaking out and if the pattern plays out, we could see the TNX all the way up to 3%. That could put pressure on the precious metals, real estate, and the stock market. I think the Fed would have to intervene if we saw rates go that high.
Big crash coming to US30 as well the worst back in the 2000’s. Bird flu is spreading H5 and another bird flu variant is spreading as well. Fed officials sold all of there stocks. Recovery bounce up won’t be up soon after the crashes is finish. Even so the inflation is soaring higher; war gone worse Russia& ukraine .. lots of nuclear weapons using and...
Soaring inflation price going a lot higher , the economy are slowing down, recession hitting towards USA & NAS will be facing the big crash since World War II and back in 2008. This isn’t financial advice.. please trade safe and very carefully.
Hello trader! As you can see, the NAS100 keeps dropping exactly like what we analysed on 19th March. Thanks to the Elliott Waves, we are now in the C of the ABC correction. We are therefore in the C of the C. We will then see another red week to go to reach the different objectives. First objective: 12250/12173 Second objective (strongest) :...
I was watching the patterns in 2008 crash, and how it might translate into today's situation. Although there are quite some differences between the 2 events. We are having a "war" at this point, and hoping it doesn't escalate. Pray for peace in Ukraine. That aside. I have the image of the 2008 Weekly candle chart pasted for easy reference against the present...
Back at the end of 2018, I made an attempt to call a longer term bear market for big tech. Linked below are some of those posts. I was new to markets, and all I did was look at the chart. Even back then, the charts for Apple and Amazon looked ridiculous, but now it's undeniable that they've seen parabolic growth. This is the AMZN chart zoomed further in, where you...
It will crash down 66% AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH Panic will ensue
I still think bitocin is leading markets and markets like tech/QQQ are playing out something like this in the chart. With the two fed dates marked in vertical dashed lines. May 5 FOMC talk I suspect actually makes matters worse when there is no indication of fed changing strategy and markets sell off into May 25 bottom after which fed says something dovish -...
Our last analysis on Nasdaq played out PERFECTLY. See below for our previous setup and click play to watch the magic happen... Now we are in the corrective phase and currently in Wave C which is a 5 wave impulse lower. We are currently in the 3rd subwave and expecting a brief retracement for subwave 4 and then another move lower for subwave 5. We have the...
1980 Scenario taking place. Inflation to Deflation. 5% inflation was a big issue in 1980 and got a biggest rally of all time in dollar and inflationary products crashed hard. We are in same situation now and maybe worse. This is fundamental and technical. FED have always been a step behind the curve. The war has just paused everything that was going to happen in...
Here is a short idea on LTF after the volatile opening on sunday night/ monday morning. Position was created using SMC Supply and Demand, with premium and discount ideas. We saw a Change of Characteristic and BOS from this zone, making it a POI for us.
As you can see, my two charts are USDX and BTCUSD. Using the monthly timeframe we can see a resistance level on USDX which has been respected twice. Price is coming up to this zone very soon, and on HTF, USDX is overbought using Stochastic RSI . BTCUSD has been respecting this upwards trend line since around July 2020, becoming more volatile in recent years. As...