Technical Analysis Update:
In correlation with the previous Hindustan Aeronautics Ltd post, here are the latest insights for riding the upcoming bear trend:
1. Currently, we are in a crucial 1-hour Key Supply Zone.
2. Typically, supply zones result in rejection. To confirm its effectiveness, we need to observe the 1-hour CHOCH/BOS. Alternatively, we can rely on...
I have broken it into 2 parts.
Part 1 – we can associate it with the sequence then.
Part 2 – we can take reference as the situation unfolds.
Part 1 -
1929 sequence that seems familiar today:
a) Crisis triggered by several factors
b) Stocks rose rapidly
c) Chain reaction of events
d) Bank had invested heavily
e) Bank failed
Part 2 -
As it continued in...
The story of 1929 -
The Great Depression was a severe worldwide economic depression that lasted from 1929 to the late 1930s. There were several factors that contributed to the trigger of the Great Depression, but the key trigger is often attributed to the stock market crash of 1929.
In the 1920s, there was a period of economic growth and prosperity in the United...
LVMH in parabolic and overextended trend in MONTHLY.
- TD9 overshoot.
- RSI hardcore divergence
- Exaggerated narrative in the medias
==> BUBBLE about to pop.
Enjoy life, i'm back to business.
Reminder : I'm not a financial advisor i'm doing it for my personal entertainment. Invest safely.
Hey guys...
Today gone through the chart of BHEL LTD and it is under correction for a leading diagonal in my view...the stock looks to break the levels before any upside.
The correction for leading diagonal are supposed to be upto 61 to 78 percent.
The zone has been marked for your understanding....
but after correction it will not look back...!
Regards
The average citizen lacks any real understanding of Central Banking all they know are uneducated talking point from 🐑 that have the same or less power over their lives & the system as a whole that gave rise 2 them at leverage while they are none the wiser they are referred to by the architects of the system as... 🤓👉 ( working class / human capital)
Scandals like...
Like Ryan Gosling says in the movie:
Big bank, small bank, I like to make money.. Allright?!
On serious note: This is not fun and many lives will be ruined by this crash.
Stay safe and secure some profits for your family and loved ones
History never repeats but sometimes rhymes right? 2008 MBS bubble dropped the S&P 500 56% from the ATH, assuming we have an everything bubble after 6+ Trillion QE injection since 2020, I see similarities to the Great Financial Crises.
Powell made it very clear yesterday, more hikes for longer if inflation is not brought down to 2% target so how will they ever...
Interesting chart here on the DXY daily we can see the sharp pull back to strong support line so that’s one more clue that things are about to get uglier in the crypto space.
This past week‘s events have cast the block shadow on the entire industry and likely will put increased pressure on institutions and big investors to further limit exposure.
In the life...
Watching for DXY as it reclaims and forms a descending broadening wedge, would expect the rallies to die and SPX Bear flag to play out. Neutral but 60/40 leaning towards short, watching key levels
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...
Price target: $70.00/share
As part of my inverse big tech ETF...
Apple is another SHORT position going into this economic slowdown. Projecting $AAPL to decline about -60% to the 200-D MA, the .618 fib, and the pre-pandemic level.
1) Cause: Operating margin are coming down. Effect: Apple cutting costs (Bearish setup)
2) Market cap still holding on which is why...
Probably not.
In order for the next bull market to occur, we need...
1) The top in the Fed Funds rate
2) The top in US10Y
3) Top in USD
4) Economic stability
In Chart:
Fed Funds & DXY still surging higher.
I adjusted wave 6 on the current chart to the current downside move.
Haven't been looking at US30 for awhile, but been focusing more on the S&P chart. Either way, the pattern is the same.
Market is playing out, kind of as forecasted based on charts published months back.
Are we there yet?
At wave 5, the market was going "are we there yet?" Then the market...
69K was the high back in 2021 that was awesome. But the crash is coming.
The big crash is coming and major crash.. the Feds are still going aggressive to fight off the inflation… soooooooo what’s next?
When to buy: I suggest buy at 12K or around 10K possible we will see lower than that because 12-9500 area has stronger support and floors.. also please stop...
What a year this has been on the Indices! The NASDAQ has plunged so massively that the crash has dwarfed the 2020 Covid-19 and even the 2008 global resession crash.
Technically, this looks like it could continue its southward move as all indicators point downward. The Bollinger Bands have expanded as expected on the Monthly chart and frankly, the next real...
