"Let's Bail out the banks that gambled" - Federal Reserve, 2008 "Ok" - George W. Bush, 2008 "Let's send everyone to uni and push them into debt for the rest of their lives" - Idiots I mainly used the fed for my sources. I also used the site statista. The internet is so useless it is all mixed up and often contradictory, so I just stick to those... They...
*Yellow = 200 EMA | Blue = 100 EMA This video goes over the divergence between the DJ:DJI and DJ:DJT . Currently, the DJIA is trending upwards, setting new highs, and lows. However, contrary to this movement, the DJTA is moving downwards heading towards a trendline shown in the video, but could very easily break through that trendline. Why do I care? In...
Looks like 200ma is respected as always and doomcallers trapped in shorts once again. Don't underistimate power of US and Trump is my advice. BTFD with intesions to sell in December.
Futures have clearly risen tonight from a false report that Trump said he would extend exemptions from banning Huawei. However , he later confirmed in the most recent update to reporters around 5PM EST today, that this report was completely false and that his staff will issue a final statement tomorrow with a likely ban coming (and possibly an indefinite ban all...
due to reliance fomo it came down for support and if monday market makes movement and send this stock above 1340 than it will be a good recovery of this stock Head and Shoulder : it can go higher from this point if close above 1340 weekly trend line is there to push the upward button
Prices have slowed down upon reaching the previous structure (Blue) and continued downwards again after a brief consolidation. We can look for a pullback to short at the previous breakdown zone (Purple) Entry 25788.91 SL 25869.16 TP1 25696.81 TP2 Orange zone
I still think the bull market has another year or two in it. Largest bubble in history is a juggernaut and will wreck all of the shorts. Bear Trap.
Its no surprise economic data is beginning to falter around the world with yields becoming negative or being negative already; even during slight bounces, Treasuries fail to gain any considerable ground. Negative data continues to point in several sectors like the DJT and in Manufacturing (PMIs) to inevitably, recessionary. For those who are trading, it is...
After finding the bottom and wave i complete, we are in correction today. Inverse H&S pattern formed with divergence on indicators. Fib levels show potential retracement levels but currently could trade the break of the neckline and add another long there. Good Luck!
We can looking for short term Sell entry near Mirror Level 26411.6. Potential profit will be in 3...5 times bigger than risk.
Hey there guys, Time for Mr. Downy (#DowJones) to be analyzed. As most of my charts, i start with detecting fractals and drawing Fibonacci Retracement. So in this case, in one month time frame it's quite easy to read and pretty obvious. Now the thing is that if the market follows the track. So here we start another analysis. Just an idea as usual. I've been...
Inverted curves in US and UK caused panic in markets today. Massive sell off across the board with easy short trades. Now sell off running out of steam for now and closing shorts. Technically the uptrend line was respected and bounced back. Now at the level of the previous pull back. Could start putting longs with a tighter stop here and catch the move to the...
Trump surprised markets once again yesterday and announced that tariffs will be delayed to 15 December on a range of goods such as mobile phones, computers and video game consoles . The announcement led to a jump in equities and bond yields along with a surge in the oil price and yen. In the absence of other dynamics, there may be marginal upside to be had...
On the short term the dow retraced 50% of the first leg down and could look up the 61.6% level. What the chart currently shows is that there is much more appetite in the move down then there is going up. As long as this remains I remain on the bearish side.
Ok so good news just now from US as the tariffs will be delayed until December 15. Immediate massive reaction, shares and indices flying. Now waiting for the volatility to come down before adding more long trades on pullbacks. Here are quotes from US Trade Representative (USTR) Lighthizer, according to Reuters: "Some products are being removed from China tariff...
I assume based on Dows failure to rally, perhaps this is a sign that market wants to turn around At each test of resistance, after dropping more than 500 points, the market has continued to push bearish as well as the Divergence also validating the direction.
Equity markets are lower today, on the back of lingering trade uncertainty and also HK protests. Embattled Hong Kong leader Lam said the Asian financial center is at risk of sliding into an “abyss". This is influential since it is de-facto a Chinese matter, which won't help the already tense international situation with the US. We continue to expect downside...
Price respected the trend line with a 3rd touch. Now can trade the break for a short or see if there is a reversal on smaller time frames for a long. Best option is to wait for the open of the US session in 30 minutes when liquidity starts coming in. Good Luck!