Brent Crude Oil price is expected to consolidate between 93 to 100, with the main catalyst being China's Covid Policy. There were on-and-off hopes of China's reopening. However, we are still very much on the fence given the continued strict Covid measures in China. On the other hand, China did announce an easing of the measures, reducing the quarantine time....
The markets are currently in flux. Trapped between what history shows and what the current macroeconomic environment suggests. Reading between the lines, and understanding what factors will ultimately shift prevailing sentiment will become increasingly difficult to decipher. Regardless, I will attempt to examine what led us here, where we are now, and what is to...
Hi mate, First of all thanks for joining in here today, let's share my views. You probably know my view on the crypto and stockmarket for months now, yet I have not updated it on tradingview, so let's share.. With the world in panic due to countless of different reasons, the future is not that bright in the short-term for the stock market. We're definitely in...
Information has appeared on the Internet that the Swiss bank Credit Suisse is highly unstable. Recall that Credit Suisse is the second largest Swiss financial conglomerate after UBS. This bank covers a large volume of the banking market around the world and if Credit Suisse has problems, the entire world economy will feel it. The bankruptcy of such a financial...
We see a leading expanding diagonal. The target zone of five waves intersects with the support line of the higher timeframe. Wave rules are complied. Further, we expect a rollback towards the resistance line - wave B and a subsequent correction - wave C. A potential black swan that could happen would most likely be due to Russia's nuclear war blackmail. Best...
Historical rallies regarding the US dollar show an unpreceded rise for high-risk assets, including stocks, which in the past had led to some sort of financial/economic crisis. For sure, always is very difficult to make an accurate forecast in price and in time, but we must not forget the explosion of the tech bubble in the 2000s, the ‘’Great Recession’’ in 2008,...
From 1985, DXY oscillated into falling wedge and nowadays rising on EUR weakness. This falling wedge got confirmed and trend is strong. Consumers prices rises to try accelerate worldwide economy. Damage was done in US by printing. However, the war in Europe destroying Euro. Many of Us, traders and investors thought this have to come sooner or later. With that...
So... the Spanish market has actually OUTPERFORMED all the other european indiced in the past year and actually YTD: www.investing.com --> "Performance" that makes no sense... a country/economy which were on the edge of bankrupcy in the last financial crisis. Why has this economy outperformed all the other eonomies? it makes no sense . IMO a short position...
My analysis suggests Bitcoin needed to move below the $18.9k level in order to setup a new momentum base - then launch to levels above $25k (possibly targeting $30k or higher). I suggest Bitcoin traders start to look for a base/bottom setup below $18.8 (if possible) as I expect a very big rush to safety taking place over the next 60+ days. I believe this flight...
In this simple chart, take notice on RSI and it's stochastic. They are about to push upwards. For the past months VVIX was artificially (?) suppressed. For a storm to come, a calm must precede. Putin the meteorologist warned us about the storm. Therefore expect VVIX to explode, which means VIX must do the same. And when they go up, SPX goes Skyfall - just like James Bond.
I am in love with the Cryptocurrencies, Blockchain, De-Fi and Web 3.0 and I will continue to search about this revolution. The Ethereum is one of the best in blockchain and I really like the purpose and vision of the founder and community. I love this kind of projects: Ethereum, Cardano... Although I do not see the security of the code as very effective, I...
Existing Home Sales🔵as early indicator for Single Family Home Prices🟠as early indicator for S&P500🔴 Comparing the TOPs🔵🟠🔴at financial crisis 2007 the advance warnings began 10 + 15 month before First TOP🔵seems clear... Second maybe in🟠 Will S&P TOP out months later again dear Crypto Nation? What are your thoughts? *not financial advice do your own research...
It is time to pause, I will look into and analyze history'because as they say "history does not repeat itself but it rhymes" I would like to present the comparison of the SPX with the fall suffered in 2007. If we take as a reference the fall of the Great Recession of 2007, it was a fall of 57% during 518 days that means 17 continuous months of fall, the situation...
This is a complex chart showing the SPY in a broad spectrum of Advanced Technical Analysis. What you need to understand is this rally has stalled after a "scouting party" attempt to identify support above the long-term CYAN price channel (which also acted as support in early 2021 on the way down). Failure to hold this support level will prompt a very big downside...
Opinion: With rising gas prices in the Netherlands, a lack of financial support for industry energy prices and gym memberships being a 1 year contract. I think it is safe to expect $BFIT to loose its gains very soon. Gym's are one of the most electricity consuming retail focused activities, with high delinquency rates. Looks to me like a safe #SHORT. (PS: Time to...
We are at a really strong support line for BCO, this might be a good time to get in a long position for bco in anticipation of winter and energy problems. Main Reasons: RSI is way more oversold which increases likely hood that it will reject. Russia-Ukraine war. Winter Is coming to the Northern Hemisphere and energy prices will go up. You know nothing Jon Snow.
Looking at the graph, we can see a very high-quality inverted head and shoulders pattern, because the second top made a way higher top than the first top. To add to that, the volume is decreasing rapidly, meaning we are very near the next bottom. This would be definitive for the ETF, because if this ETF increases in price, than the house prices would drop. This...
With the US. Economy showing signs of a decline in growth be it through the freezing of hiring of new employees, personal savings decline even worse than before the pandemic, sky-high interest rates, etc. and with conflicts arising in Eastern Europe and the South China Sea putting a strain on resources, it brings to question whether or not everything should be...