The primary scenario is playing out and we are reversing from the wave ((b)) area. More downside is expected. The surprise would be that we get a double correction to the upside.
Raising inclination trend has confirmed on the Dow Jones. What this means is that the rising trend is going up at a higher degree. A normal trend is around 45 degrees. A stronger trend is 60 degrees. and once it starts rallying above 60 degrees this is where GREED kicks in and you should prepare for downside. Also there is a strong Rising Channel which I'm...
CFTC S&P 500 speculative net positions -142.1K? USM2 Barely able to contract the supply under 20M? Reserve Banks At Breaking Point - FORCED to stop hikes > lowering soon Money Market Funds 5.693T will look to exit UST's as momentum in the PMI picks up. Look familiar? Only this time we have global debasement where China / Japan will be forced to QE trillions...
🇪🇺 EUR/USD 🇺🇸 🗣️EUR/USD analysis update - 4H Timeframe🗣️ Analyzing the EUR/USD currency pair chart is a fundamental skill for anyone interested in foreign exchange (Forex) trading or investing in the currency markets. The EUR/USD pairing is one of the most traded in the world, making it a prime choice for both beginners and experienced traders. This analysis...
The primary scenario is playing out and we reached the wave ((b)) area. There are several indications that a reversal to the downside is near. The surprise would be that we get a double correction.
In the higher timeframe, investors should wait for the pullback to buy again.
In this chart, the Dollar Strength Index is adjusted for: Yield Curve Money Supply Gold Helpful for maximising technical accuracy for evaluating long-term movements for all financial markets.
The primary scenario is playing out and we reached the wave ((b)) area. There are several indications that a downward reversal is near.
Today's focus: US30 Pattern – LH Support – 34,560 Resistance – 35,030 • Price set a new failed high, pressuring the current rally • US Employment data at due 8:30 am Today, we have run over US30 technicals and price action after yesterday’s selling set up a failed rally that could become a new lower high. We don’t have a directional bias at the moment, but we...
We have a Bearish Deep Crab with a PPO Confirmation Arrow and a Circle with MACD Bearish Divergence and have broken below the faster moving EMAs. I would next expect this to make at least a 61.8% Retrace, which would take it back to about $185. This makes the third major Dow 30 Stock that has signalled something ultra bearish like this; the other two being UNH...
Dow Jones (DJI) held its 1D MA100 as Support and as projected on our analysis last week (see chart below), it formed a Higher Low on the 5-month Channel Up and rebounded: We now move to the 1W time-frame where this week's 1W candle is so far the strongest since July 17 and already recovered the 1D MA50 (red trend-line). After completing the standard -4.70%...
Here is my latest structure analysis for Dow Jones Index. Resistance 1: 35000 - 35150 area Resistance 2: 35480 - 35570 area Resistance 3: 35620 - 35690 area Support 1: 34490 - 34690 area Support 2: 34020 - 34100 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
The primary scenario is playing out and we reached the wave ((b)) area. There are several indications that a downward reversal is near.
Wave A down looks mature and we might see some upside now as wave B. The surprise would be that we had a very shallow wave X and that we see further downside.
Goldman Sachs is another one of those stocks that's traded like a can of dog food for a very long period of time that the masses are really drawn to, much like Target, Disney, and Paypal, of which you can find calls for that I've made in the linked section below. GS is relatively significant in that it's one of the 30 components of the Dow, which is one of the...
Wave A down looks mature and we might see some upside now as wave B. The surprise would be that we had a very shallow wave X and that we see further downside.
In the higher timeframe, investors should wait for the pullback to buy again.
The surprise played out and the 3 waves down unfolded in 5 waves which means we will get an ABC correction instead of a WXY. However, wave A down looks mature and we might see some upside now as wave B.