Overview: let's review the expectations of the previous update:
We have peaked for wave (I).
Wave (II) to take a considerable time to complete.
For now, I am considering a triple zigzag to from in wave (II), but that's no guarantee and as time passes, we will gain a better insight.
Update: NVDA followed the proposed path beautifully. I think we have...
Watching and learning from others. It is always a great idea to take a step back and look at the BIG Picture Took the time to go through the weekly chart to 'see' the divergences myself and "WHAT IS NEXT?"
200 week simple moving average is significant. Just when AKA 2021 ; and 2000/2008 the 200MA seams so far away - reality kicks in and we need a wake-p call! ...
When the spread between High-Yield (HY) debt and Investment Grade (IG) debt contracts or expands, this can be perceived as the market demanding more or less compensation for the risk it perceives to be present in owning the HY debt against the IG corporate debt. (HY-IG) = Risk On/Risk Off market sentiment.
Generally speaking HY debt a.k.a. Junk Debt, is...
In this update we review the recent price action in the emini DowJones futures contract and identify the next high probability trading opportunities and price objectives to target
EUR/USD generally remains pretty bid, but it is approaching tough overhead resistance at 1.0636/39 - the 2020 low and the 55-week ma and we suspect that the market is going to struggle to clear this tough area of resistance, you might want to tighten stops on long positions.
Disclaimer:
The information posted on Trading View is for informative purposes and is...
On my first live stream, I will breakdown how we use the S&P 500 to establish market conditions followed by the stocks on my watchlist. The markets are setting up for the next bull run so this is a must for serious stock investors.
Hey Everyone! 👋
We hope you’re enjoying Black Friday week and have helped yourself to some of the great discounts we are offering. We only do this once a year, so it really is the best time to get a plan!
Now, let’s jump into today’s topic: Alerts .
While alerts have a ton of potential applications when it comes to trading, they are often underutilized...
Here is a link to my partner's post on the same thing:
I have made my post shorter, but added direct links to the predictions he has made, so you can read how right he has been over a very long time. If you can be bothered to click each one, then you will learn a LOT about how institutionalised markets work.
We at Mayfair bang on about what institutional...
This is Visa Inc. (V) on the 1W time-frame. The primary pattern since the July 26 2021 All Time High (ATH) has been a Channel Down with the price hitting yesterday the top of the pattern for the first time since August 15. The August 15 candle rejection was also made (after multiple attempts) on the 1W MA100 (green trend-line).
The pattern is similar to the one...
With all the chatter on the Fed Pivot, we think it’s worth exploring, what happens after a Fed Pivot or Fed Pause. Let’s break down the discussion into two camps, a Fed Pause, defined as a pause in policy rate hikes, and a Fed Pivot, loosely defined as reversal of policy rates aka rate cuts.
To keep things in context, we will look at the effect of the Fed’s...
This is a Thanksgiving Special Report.
Swiss Franc ( CME:6S1! ), Canadian Dollar ( CME:6C1! ), Japanese Yen ( CME:6J1! ), British Pound ( CME:6B1! ), Mexican Peso ( CME:6M1! )
In May 1972, International Monetary Market (IMM), a division of the Chicago Mercantile Exchange (CME), launched futures contracts on seven currency pairs. This was the world’s first...
This is what we will be discussing today, and we are going to study both its technical and fundamental reasons and subsequently to derive why it is a bear trap? Or could it be a new bull in the making?
I hope this tutorial will be helpful, in enabling you to read into the market with greater clarity.
I have started a trading series, purpose for trading into...
Hello traders,
There is not such a good or bad timeframe.
Like cooking, everything depends on how you use the ingredients for your meals.
Intraday timeframes
Pros
Earlier entries
Earlier exits => losers are smaller compared to losers with SWING trades
You make your daily goals earlier
With Intraday trading, we're not impacted by contracts...
Great trading takes time, patience, and preparation. You must map out your journey, think for the long run, and go forward diligently.
As you progress, taking each step, you’ll come across opportunities that make your voyage a little easier. When these moments present themselves, do not hesitate to act on them.
This event is one of those moments.
Today, and...
In part 4 we look at the all in yield of investment grade (IG) and high grade (HY) credit, and why, despite OAS spreads resting at long term median, there still may be considerable investment value in the all-in-yields of short to intermediate maturity IG notes and ETFs. Understand, this discussion does not constitute an investment recommendation, only an...
11/20/2022, 8:15PM EST Livestream.
Crypto, Stocks, Indexes, Commodities, or Forex TA Charts.
Technical Analysis Charts Livestream.
All content is Not financial advice.
The trade idea I presented in my previous Tesla post (linked) did not work because price went lower on Thursday and pulled RSI down below 35 (orange rectangle).
My initial idea on 16 Nov. was for RSI to move higher from 35 as price rose. Instead RSI fell and stayed below 40 for two days (remember this is a 30m frame), until the green candle in the final Friday...
