Technical Analysis and Outlook The S&P 500 market played out our down move to Mean Sup 3787 (See: S&P 500 Daily Chart Analysis For July 8). Currently, we have an upside momentum, and a retest of Mean Res 3912 is imminent, with a possible extended target to Mean Res 3940. Nonetheless, after that, the market will take us back to the Mean Sup 3787, completed Outer...
Technical Analysis and Outlook: The Eurodollar market completed Inner Currency Dip 0.9960. The market appears to be likely to retest our Mean Res 1.0185. Currently, Key Res 1.0270 is the major, primary upside target. An ultimate retest of Key Sup 1.0017 and Outer Currency Dip of 0.9960 is in the making.
Technical Analysis and Outlook: Bitcoin is trading above $20,000, bouncing off our Key Sup $18,900. The coin is facing up-take to the Mean Res $22,350 mark. If all fails, the coin will take us to the retest of Key Sup $18,900 and #2 Outer Coin Dip $15,500 mark once again, and down we go to #2 Outer Coin Dip $15,500.
Well CPI-U came in at 9.1%. based on 1990s calculations that closer to 12.5% and based on 1980s calculations that's closer to 17-18% Just OOF. Guarantees FED won't go data dependent and then about face in their next meetings but honestly who thought they would...oh right everyone but bond traders. Add to that the earning reports for Netflix, IBM, Twitter,...
Considering the political and economic situation of the world and also what the technical says, I expect the US dollar to continue to rise until the specified point. This will not bode well for the stock markets and they will likely continue their declines of the past few months.
Technical Analysis and Outlook: The Eurodollar market completed Inner Currency Dip 1.0074. The market appears to be likely to fall to retest Key Sup 1.0100 and completed an Inner Currency Dip 1.0074. Currently, Mean Res 1.0270 is the primary upside target. An ultimate Outer Currency Dip of 0.9765 is in the making.
Technical Analysis and Outlook The S&P 500 market played out our down move from Mean Res 3912 (See: S&P 500 Daily Chart Analysis For July 1). Currently, we have a down move target specified at Mean Sup 3787, with a possible extended target to Key Sup 3665. However, if all fails, the market will take up the Inner Index Rally 4120 - Major Key Res 4177 is also a...
Technical Analysis and Outlook: Bitcoin is trading under Mean Res $20,350 - the current path is to the downside revisiting our Key Sup $18,900 and completed Outer Coin Dip $18,665. The coin is facing take-down to the #2 Outer Coin Dip $15,500 mark.
Understanding the possibility and consequences of a recession by determine the strength of U.S Economy using key economic indicators GDP - In order to sustain the economy consumption must be increased meanwhile, Fed trying to tame inflation by implementing policies that will going to reduce the demand. Ergo, The GDP is expected to fall by 1.25 next...
Technical Analysis and Outlook The S&P 500 market played out our down move from Mean Res 3940 (See: S&P 500 Daily Chart Analysis For June 24). Currently, we have bounced-up movement targeted at Mean Res 3912 and retest of 3940 - With the extended possibility to Inner Index Rally 4120. However, if all fails, the market will take us down to the newly created Mean...
Technical Analysis and Outlook: Bitcoin is trading at under $20,000 as it is waiting for oxygen therapy - with the possibility of making advancements to Mean Res $21,575 and a low probability additional rally to Mean Res of $22,670; currently sitting at our of Key Sup $18,900. The coin is facing take down to the #2 Outer Coin Dip $15,500 mark.
Technical Analysis and Outlook: The Eurodollar market pushed the 1.04 mark on Friday - Our Key Sup 1.038 was the primary show stopper. The market appears to be likely to fall to an Inner Currency Dip of 1.031, and an ultimate Outer Currency Dip of 0.9765 is in the making.
Technical Analysis and Outlook: Since the June 18th completion of our Outer Coin Dip of $18,665, the Bitcoin is advancing slowly to our Mean Res of $22,670; however, if all fails, the coin will take us to the retest of Key Sup $18,900 and #2 Outer Coin Dip $15,500 mark.
Technical Analysis and Outlook: The Eurodollar market has been trading under our Mean Res 1.077 and is possibly poised to move higher to the Inner Currency Rally 1.0678. The top Key Res 1.077 is the main show stopper. However, the Inner Currency 1.031 and ultimate Outer Currency Dip 0.9765 is in the making.
You can see there is a strong difference between the real cyclical bear market and the current correction. Also the primary bull market last 25 years last time from 75' till the 00'. We are now at around half cycle (13 years in). Last cycle SPX did 20x since cycle low the cycle before was around 13x (if data reliable), now we have just done 6x really...
Inside bar is the western term for harami...which is a reversal pattern. The more inside towards the opening of the candle is the spinning candle the more significant and higher it is the probability of the reversal...however the suggestion is always to wait and buy/sell on the breakout of the high/low. FOLLOW SHARE, LIKE AND COMMENT
This analysis has a lot to look at. Lets begin with the DXY at the end of the 70s, those times my parents were just born, so I had to do research. The US 70s crisis. According to the information I gathered, this crisis was due to the trade balance deficit. A strong speculation against the dollar appeared due to the American economic weakness. In March of 1985...