Vici properties is showing weakening in its trend. This has been directly tied to the weakness in XLRE - real estate
We believe VICI properties has much more downside. This specific Real estate play also has much property exposure to the casino type names.
With many of the Casino charts like MGM, LVS looking "topheavy" this may be a correlated play that already...
Clorox pattern is looking bullish and may be on the verge of breaking higher.
This Consumer Staple could do a meaningful retrace of the downtrend if it breaks out of this bullish consolidation and recaptures the 200 Weekly MA.
Watching for a long entry.
Technical Analysis and Outlook
The Spooz upward trend was re-established on Friday and is trending to Mean Res 4015, extending its price action to Mean Res 4050 - however, the retracement to Mean Sup 3939 is predisposed.
Technical Analysis and Outlook:
The currency has completed our Inner Currency Rally 1.092 as well, posting new Mean Res 1.085 with a possibility of the retest of the letter. The main down path target is Mean Sup 1.074 - Resumption to Inner Currency Dip of 1.046 is in progress.
Technical Analysis and Outlook:
With the completed Intermediate Outer Coin Rally of $29,200, the coin is retreating to Mean Sup $26,200. The current upside target is the Mean Res $28,400, a retest of the Intermediate Outer Coin Rally of $29,200, and fulfillment of the next destination, an Outer Coin Rally of $30,000.
While the #fed reserve has made it clear they're not stopping rate increases yet, #bonds yields put a top in days ago. $TNX actually did it some time ago!
We noticed certain sectors, like insurance, began lowering premiums done time ago. Did they know something was start didn't?
Small community banks are getting crushed and if rates crater it may alleviate the...
Well , just as any other chart, we must keep things simple. Price has made a new Low after Ranging for 120 days/4 Months. There is Liquidity Built up in the market. If we maintain bearish momentum then we will see 31,198 very soon. Price is testing 32,082 at the moment. We may return to the low from OCT 22' due to clean traffic on the weekly timeframe and plenty...
This chart was originally looking at GANN angles for JPM. Keep in mind this is not scaled- primarily to show the graphics better, but also suggests the volatility is native to the price action when it is scaled. JPM is the largest bank in the US. As far as I can see the top was reached 2 yrs ago during CV19 height. The new paradigm is a down wave. There is...
Are you following my research? It amazes me that I can post a chart/video predicting something to happen 3 to 6+ months in advance, then sit back and watch it play out.
Gold has entered a new phase - much different than everyone thinks.
This is not 2009~2011 all over again. This is 2003~05 repeating.
The next phase of the US market trend, and Gold, will blow...
Technical Analysis and Outlook
The Spooz downward trend continued earlier in the week and completed our Interim Inner Index Dip 3820 - The upside rebound followed in the second part of the week by hitting the Mean Res 3927. The rebound should continue to Intermediate Outer Index Rally 3980; however, the retracement to Mean Sup 3878 is predisposed.
Technical Analysis and Outlook:
The currency continued trading within Mean Sup 1.054 and extended to Mean Res 1.075 envelope this week as specified on Daily Chart Analysis For the Week of March 10 - Resumption 2nd phase pullback to Inner Currency Dip of 1.046 is in progress.
Technical Analysis and Outlook:
With the completed downfall to our Completed Outer Coin Dip of $19,700 on March 10, the coin rebounded strongly to an Outer Coin Rally of $26,000 and $27,000, respectively, as shown on the Daily Chart Analysis Update For the Week of February 17. The current upside target is the Intermediate Outer Coin Rally of $29,200 and Outer Coin...
#Yield is moving well today.
1Yr is bouncing back better than 2 and 10Yr.
$TNX is not bouncing as much but has not sold off as much as the others. The 10Yr is trading between 3.80 - 4.08.
Did we see the top in short term #yields a few days ago?
10Yr on the other hand did not break the most recent high. Interesting to say the least.
The last picture shows the...
It seems that inflation is considered the devil for the markets, so the focus will be on the next Fed meeting scheduled for March 22nd. Last week we saw a strong increase in NFP and this could be the first sign of a hawkish FED, but this week we will see the second and final sign for the markets: CPI release. These two drivers will complete the big economic figure...
The real economy (Inflation adjusted) has barely grown by $1 trillion in almost 4 years.
Let's take a moment and go back in time and read what the Congressional Budget Office was forecasting in 2019.
"At $16.8 trillion, debt held by the public at the end of 2019 was equal to 79 percent of gross domestic product (GDP),
far greater than the average debt for the...
As you can see from the Monthly Chart, U.S. Case Shiller Home Price Index could experience an interesting price contraction in short-medium term, could this also be a clear sign of a potential economic contraction, recession? If this happens, we shouldn't be surprised, the Fed is doing everything to fight inflation in the United States...
Trade with care! 👍...
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...
Technical Analysis and Outlook
The Spooz downward spiral continued this week - Mean Supports 3955 and 3890 were hit extensively. The downward spiral to the Interim Inner Index Dip 3820 will continue this upcoming week and possibly trigger a significant retest of the Key Sup and Interim Inner Index Dip 3785. The main upside target is designated to Mean Res 3927...
