After examining the Weekly chart for the DXY, it appears to me that the dollar flow is likely to continue downward for some time. Today's Advance GDP q/q reading is expected to be 2.0%, following the disappointing last reading of 2.6%. Additionally, the US Unemployment Claims are anticipated to be higher, at around 247K. In my recent blog posts, I discuss the...
Investors are facing a busy week of economic data that includes the release of consumer price and producer price index data for March on Wednesday and Thursday (US time), respectively. The results of these reports will help determine whether or not the Fed will pause or end its rate-hiking campaign. While investors are leaning towards a continuation of the Fed's...
It all started on the morning of December 20, 2021. The "Up Tick Rule" was implemented for one day in the stock market. The Up Tick Rule is an application that reduces the declines caused by short selling in stocks and is implemented to limit selling pressure. The implementation method of this rule is that even though the capital market instrument subject to...
As we all know, the increase in foreign currency increases the general product prices extraordinarily, as it increases the input costs. The rise of the foreign exchange is a phenomenon that a country does not want. Every country aims to keep the exchange rate stable. But for some reason, Turkey came out of these countries. As can be seen from this chart, from...
First and foremost, I want to clarify that I am not someone who promotes doom and gloom or a "recessionista FED PIOVITOOR." However, I have been consistently bearish on the stock market, as evidenced by my calls on TradingView. I believe in keeping things simple, yet not overly simplistic. In fact, I first began sounding the alarm about a recession signal being...
OANDA:EURAUD HI , TRADER'S .. AS YOU CAN SEE MARKET IS MAKING ASCENDING CHANNEL Ascending channel mostly observe as bearish reversal pattern Price action is rising with less volume , RSI and stoch also over bought It indicate Price need's to retest lower major support ❤️Please, support my work with follow ,share and like, thank you!❤️
. . . and why is wise being Bearish on Bitcoin & crypto at the moment. Hi everyone , I make this super simple, so it even looks stupid. 1 Month Time Frame We see that after peeking at 69k price reversed and our modus operandi is sell to buy to sell . Meaning, we have large sells followed by buying just to proceed next large sell once price is...
DXY Will the USD find support at this important monthly line🔲and history of 1981 repeat with a bullish run⁉️🚨 Personally I don't expect that due to the parabolic $-M1 Supply But what are your thoughts on that dear #Bitcoin and Crypto Nation? Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial...
Nice BTC behavior when the DXY left the overbought area on the weekly RSI As long as the DXY follows the downwards channel a bullish Crypto run will likely occur🟢 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for...
The RVGI indicator❌cross just occurred🔵🚨🚨🚨👀 Look at the great entry points🟢for Bitcoin when these crosses❌occurred in the past on the US10Y-US02Y chart dear BTC and Crypto Nation💥🚀😎 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content...
Update: US Consumer Confidence Index by University of Michigan⚫️ Index with a bear channel breakout on the way up - needs to be confirmed above 65.2 dear Bitcoin and Crypto Nation 🚨🚨🚨 Exciting to see if a BTC🟠 #bullish run begins afterwards Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial...
The current level of euphoria and speculation on Wall Street is likely to go down in history in the same way that the misplaced optimism of speculators in 1929 was immortalized by the tremendous crash and ensuing depression. The current dynamics at play are more similar to that period than most realize. Many potential catalysts for the Global Financial Crisis...
Lumber is at a critical inflection point. Its likely telling us that Central bank policy is about to experience more inflation if they start to ease to soon. If Lumber continues to rally, its screaming more housing inflation could be around the corner. Since we have a major Technical Topping formation in play, Lumber is still vulnerable to more downside...
Update Bitcoin and the Philly Fed Manufacturing Index possible bullish scenario when... 1. Index is negative🔴☑️ 2. Index breaks trendline⭐️ 3. enjoy the BTC bull run🟢 Today bad value -13.8⬆️more patience necessary🚨 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research...
No Premiums being paid for #stocks today I guess. $AAPL breaks out of discount territory then quickly retreats below the three year average.
Let’s take a look at some data from this last week. In summary: - CPI continued to inch lower (7.1 to 6.5) - Unemployment claims remained static (~200k) - Consumer sentiment on the rise (59.7 to 64.6) - S&P held around 4k for the close of the week and seems to be starting off strong with further pullback on the US dollar. Keep in mind interest rates remain high,...
My research suggests Gold may continue to rally above $2079 in early July 2023. I believe the current US/Global market crisis event is very unique - something many people fail to understand. Many professional analysts have gotten married to the 2008 market collapse scenario. I'm watching dozens of posts on social media and other sites where everyone is uber...