To make an assessment if the market has turned bear, during the closing second quarter on 29th June 2022, we discussed on the topic “Using S&P to Identify Recession
and on the 19 Jul, 2 weeks ago the tutorial posted here, we studied and expecting this current rebound, topic “Nasdaq a leading indicator of Dow Jones, S&P & Russell”.
In today’s tutorial, I thought...
Like most currencies, the British pound has struggled against the US dollar so far this year, with GBP/USD falling by nearly 2000 pips from its mid-January high to its mid-July low. Over the past couple of weeks however, bulls have managed to drive the pair 500 pips off its low to peek above the 50-day MA for the first time since February.
The current bullish...
Well, it has happened again!
We of course see the 2yr/10yr yield curve inversion:
It has been like this for some time. However, all I hear is: “But this time it is different!”
The U.S. curve has inverted before EACH recession since 1955, with a recession following consistently between 6-24 months after. Only one time in this time-frame has this...
When it comes to day trading the most important part of any strategy is understanding what type of market environment we are in. Are the bulls or bears currently in control of the E-mini S&P 500 ES1!, E-mini Nasdaq NQ1!, E-mini Russell 2000 RTY1! and Interest Rates? In this video I share my thoughts on who is in control and where I think the next critical areas...
Commodities: In January I reviewed the long-term technical and fundamental positions of the big four: Bonds, Equities, Commodities, and the Dollar. Those pieces are extensive in terms of both fundamental and technical outlooks and are linked for your review.
January Conclusions: The trend from the pandemic low is higher, mirroring the economic recovery. But,...
Previously heads up, and with some very interesting feedback from NickQuick7 about the semiconductor Bill passed by Senate, SOXL continues to be of high interest in the watchlist.
The past three trading sessions have rebounded from the daily 62% retracement level, and is projected to move further to 23.50.
In the bigger picture, a target for 33 is...
I found a new way for sending alerts from tradingview to telegram channel or telegram group by using webhook. I’ve been looking for a while and most of the ways had problems. Some of them had delays in sending the alerts and were not secure because they were using public bots. Some of them required money and were not free. Some of the ways needed coding knowledge....
Video to show how to use TradingViews Screener to find stocks running after a recent earnings report.
- Includes setting up the Columns
- Setting up the Filters
- Reviewing the Stocks
- Setting Alerts
Has the wheat market been forgotten? With wheat prices almost back to early February levels, right before the start of the Russian-Ukraine conflict, markets seemed to have erased all fears of a tightening wheat supply due to the conflict.
The recent selloff in wheat partially stemmed from the market belief that the situation in Ukraine is improving and that...
DXY is technically overbought and the market seems to agree. We had a several fair chances to break out above 108 in the past week, but it did not come to fruition. Technical dollar bearish headwinds SEEM to outweigh fundamental bullish dollar tailwinds for the moment. Lately, every time the 0.5 month (100 x 4 hours = 16 days) log-returns is positive and reaches...
After the bullish breakout of the multi-month wedge pattern, as well as the upside break of the range highs, we’re seeing better two-way flow and consolidation in the US500 – On the daily, we’re yet to see a bearish MA crossover (3-EMA vs 8-EMA) and the 5-day ROC is still positive, which keeps me holding a modest bullish bias, but we’re back testing the former...
GBP/AUD: Long Reversal running
> Higher High and higher low printed
> Break out of the triangle formation
> POC below current price
> Last weekly high far away
Structurally, this is a long based on the rules of our Wall Street H/L System. It is, however, a little risky ahead of the FED tonight. Why? Because the decision + press conferent COULD lead to...
All eyes will be set on the earnings of tech heavyweights including Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL) this week.
Apple is scheduled to publish its fiscal third-quarter results on Thursday and while the company had decided to forgo issuing a revenue guidance citing “the continued uncertainty around the world in the near term,”...
In this post, I will present a market analysis with a focus on recession metrics and indicators. Right now, many of them are sending a recession warning.
Home Prices -
U.S. home prices are surging higher at the fastest quarterly rate of change on record. (See chart below)
This extreme rate of change in home prices is occurring as U.S. 30-year fixed mortgage...
In January I reviewed the long-term technical and fundamental positions of the big four: Bonds, Equities, Commodities, and the Dollar. Those pieces are extensive in terms of both fundamental and technical outlooks and are linked for your review below. I made two particularly important fundamental observations:
1. Both policy vectors (Fiscal and Monetary) are...
EUR
FUNDAMENTAL OUTLOOK: WEAK BEARISH
BASELINE
In recent weeks, the persistently high inflation has seen the ECB take a more hawkish turn with the bank confirming at least a 25bsp hike for July and possibility of a 50bsp hike in September. Despite the hawkish policy shift, the concerns over fragmentation in bond spreads (BTP\Bund) as well as fears of...
Hi Traders, welcome back to another mindset sharing video.
Whenever I go through some obstacles or failures, I always go back to this simple equation by Ray Dalio,
"Pain + Reflection = Progress"
In life, the only way to not experience any failures is to avoid them, which could be very detrimental to your personal growth.
To grow, one need to experience certain...
Hey everyone! 👋
This week we thought it would be fun to hear from the community 🧏
In the comments below, share your top trade idea for the second half of 2022! What trends do you think will be the most relevant? Will there be any big macroeconomic changes? Will inflation increase? Decrease? Any assets you see that are mispriced bigtime? Let us know in the...
