Bears don't get to convinced a sell off is near.
Bulls will be buying the dip for the entire next year.
4K is the level, premium the harvest.
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In this idea I present to you a level everyone should be aware of because my prediction is that we will end 2023 around 4k.
I was browsing the SPX options chain for 2023 and 4k is by far the highest open interest...
Hi guys, today I bring you an important point for macro analysis.
Many believe that seeing a significant improvement in economic data, especially those linked to inflation, showing that it is slowing down is something positive, is it really?
In a way, it's a positive metric when looked at in isolation, because inflation brings major disturbances to the economy,...
XOM appears to be topping here at the long and shorter term Fibonacci cluster shown on the chart.
The long 1:1 trend based Fibonacci extension is taken from the 3 major pivots from the bottom that defines the approximate topping area. I have been looking at this area for some time see linked thread .
Shorter term there are two 2 point reverse Fibonacci...
On 8th November 2022, shares of Exxon Mobil reached a high of 114.66$, marking over a 280% increase since their lows in March 2020. The company has enjoyed this two-year lasting rally thanks to the growing prices of oil, which translated into growing corporate earnings during this period. However, with oil prices peaking in the first half of 2022 and worsening...
Bitcoin price action analysis, support/resistance levels and potential scenarios for the coming week.
Question about a stock or alt? Just ask in that chat.
In part one, we discussed using a market momentum matrix to anticipate the business cycle, the potential inflection in the macro environment and shared the final distillation of the current momentum matrix. In part 2 we discuss how the MACD oscillator is used to build the matrix.
Methodology: Individual markets and ratios are plotted in the quadrant that best...
CME: Eurodollar Futures ( CME:GE1! ), CBOT: Treasury Bond Futures ( CBOT:ZB1! )
This is the second installment of the Holidays series “Celebrating 50 Years of Financial Futures.”
Before 1970, commercial banks did business by accepting short-term deposits at low regulated rates and offering longer-term business and personal loans at higher rates.
Double-digit...
Last week, while the Federal Reserve changed its rhetoric from ‘hiking to fight inflation at all cost’ to ‘slow the pace of rate hike’, seismic waves rolled over the markets.
As we approach the last central bank meetings of the year, the ECB meets on (15th Dec), Fed on the (14th Dec). A temperature check on the expected path of rates for the 2 major central...
🍉Moving Average
A moving average helps cut down the amount of noise on a price chart. Look at the direction of the moving average to get a basic idea of which way the price is moving. If it is angled up, the price is moving up (or was recently) overall; angled down, and the price is moving down overall; moving sideways, and the price is likely in a range.
A...
Looking at Litecoin gives general clues to the health of the #crypto market
Having already 2X'd off the lows already it is showing us relative strength versus other coins.
What can we expect for the halving in 2023
and where can it go?
The ARK Innovation ETF (ARKK) has been holding the 33.30 Support since the October 10 1W candle. As shown on this 1W time-frame, this is the Support that was formed on the March 16 2020 low during the COVID crash.
Perhaps the most important development here is that, while the price has been on Lower Lows since June 13, the 1W RSI has been on Higher Lows, flashing...
It is interesting to study the Production/Accumulation/Distribution/Industrial Demand as well. Silver seems to hit a breaching point where physical prices have a premium about +45% for buying it and +20% for selling pure silver bullion coins. Troy oz./oz. is about 1.10, which should reflect a recomended trading price of 25.4$ per troy oune. Anybody able to buy at...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
I'm really mixed going into today. I'm going to be a bit bullish, only because I think there is a lot of upward trend movement. However, we are maxed out on trends yet again here, so I am not sure we make it much higher, and I think this rally may be coming to a close, at least briefly.
The trends for today are;
Last Macro Trend Signal Spots
30m - 4060 Downtrend...
GBP
FUNDAMENTAL OUTLOOK: WEAK BEARISH
BASELINE
A looming recession has been a key source of Pound weakness and has kept pressure on Sterling despite ongoing BoE hikes. At their NOV policy decision, the BoE’s updated projections showed a deeper and longer recession than previously thought, as well as a stern push back against current market pricing for the high...
The business cycle describes how the economy expands and contracts over time. It is an upward and downward movement of the gross domestic product along with its long-term growth rate.
The business cycle consists o f 6 phases/stages :
1. Expansion
2. Peak
3. Recession
4. Depression
5. Trough
6. Recovery
1) Expansion :
Sectors Affected: Technology, Consumer...
Yesterday, Bitcoin broke above the 17 000$ price tag in spite of a strong message coming out of the European Central Bank (ECB). The official Twitter account of the ECB tweeted that the price of Bitcoin is artificially held up (at the moment) and that soon it will embark on a journey to irrelevance. This is an unusual statement from the European officials, leaving...
![SPX: Live stream - [TTI] TRADE: Watchlist 05DEC-09DEC](https://s3.tradingview.com/v/vPPkgbeG_mid.png "Live stream - [TTI] TRADE: Watchlist 05DEC-09DEC")
