Just posting a quick update on the SPY here as on Friday we saw a hard rejection of the 400 level. The SPY closed out the week reclaiming its 50-day EMA and is sitting right on it at the moment, however, it rejected the 400 mark multiple times on Friday. Additionally, a bearish ABCD Elliot Wave has fully formed on the daily timeframe accompanied with some bearish...
That's the attack on middle-class to make them poor. So many consequences incoming with that market behavior... Secure your wealth !
To see what will happen in the economic world, we must look more broadly at what has happened, but in this analysis I will use technical analysis patterns to predict what will happen. What happened?/b] 1. Gold is clearly visible in the cup and handle pattern An uptrend followed by a cup and handle pattern in technical analysis means that the price will...
TVC:US10Y I'm just looking at the 10Y U.S bond yield to try and better pinpoint the overall macro conditions to expect for the equity market this year. Based on my technical analysis, 10YUS yield is currently trading in an Elliot Wave 5 wave ABCDE pattern, it's inside a triangle that seems to also be the extension of a cup and handle bullish formation. The (D)...
*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* What's up guys! We are here to shed some light on this insane violability...
This week Gold stayed in a intraday range with bullish impulsive move at the end of the week quickly getting faded out while we are still holding Dollar strength
US100 = 15,210 NQ = 15,200 Lots of liquidity building above current price, we just need a good NFP, unemployment and wages number today. Going to sit it all out until after the Initial Balance and then see how much room to the upside is left. Obviously a lot changes after Tier 1, so we cold possibly test yesterdays balance area that built before the US open, in...
Trade Analysis based on price action With risk management you will never loss money Ridethemacro
Stock market news live updates: S&P 500 reaches record high, traders eye Biden's infrastructure proposal Stocks jumped to record levels on Wednesday as technology stocks recovered losses from Tuesday's session. Traders digested the contours of President Joe Biden's infrastructure proposal, which would include trillions of dollars in government spending as well as...
If I had to make a guess I would say Bitcoin will top and crash in June, and the stock market will have its big Niagara falls in September and this will symbolically mark the beginning of the end. It could happen later, the later it happens the worse it gets. This info is easy to find, no need to list all my sources. The population is getting older, and...
The Australian Dollar has seen strength against the Yen for the past couple of months and I expect it will continue moving into next week. The Aussie did well while some uncertainty loomed this week over unemployment numbers, the expectations were beat by .1% not causing much fluctuation in the pair. This isn't the main reason for this trade however, this is...
THE ECONOMIC CALENDAR #INVEST.COM Week Ahead All times listed are EST Sunday 18:50: Japan – Tankan Large Non-Manufacturing Index: expected to rise to -6 from -12. Monday 21:00: China – Industrial Production: seen to edge up to 7.0% from 6.9%. Tuesday 2:00: UK – Claimant Count Change: anticipated to soar to 50.0K from -29.8K. Wednesday 2:00: UK – CPI: probably...
notice !! :(( the chart linked to this is just a funny view of chart so nothing to do with it )) ok traders i was looking at next seven days economic calendar and my overall idea about next weeks economic events is that it may result in having a bearish trend on eur usd, its not like that it is completely bearish but a mixed bearish bias. other thing that i wanted...
How are giants/bosses defeated in video games? There's always a weak spot. Amazon's weak spot happens to be in its core foundation. This essentially means they're founded on demand-side economics. However, in the real world, the economy can only function off of supply-side economics. But with the role Big tech, the Deep state, the Liberal agenda, and all of these...
US political developments and their impact on the dollar : Here is a principle for you to remember: The value of the dollar decreases during the Republican era and increases during the Democratic era. Of course, this is done with a certain time priority after the elections. This is a long-term priority for the transition from Republicans to Democrats. That is,...
> Ubisoft recent game: includes evil organisation UMBRA with similar narrative & same symbol as BLM. That timing! 😂 *********************** Ubisoft, a really solid & smart company, with great user experience, that holds its promises, has great servers that work really well, treats the licenses it buys with respect and does not destroy them, has recently...
OANDA:NAS100USD A quick search for Actionable economic data results in overwhelming results leading to analysis paralysis. Today we'll list some of the reports we watch out for and hopefully you'll profit from the same 1.Non-Farm Payroll Top of our list is NFP Monthly report showing changes in U.S. jobs. Drives Fed policy and indicates economic...
There is an increasing divergence between S&P 500 valuation and the U.S. national unemployment rate. What are the most likely explanations?