Disclaimer: this is a completely APOLITICAL analysis based solely on facts and my personal insight. This is not financial advice. This is for educational purposes only. In this analysis, I’ll be discussing my own thoughts on the elections, the effect on the stock market, and what we can do as investors. To begin with, my guess is that Trump’s chances of getting...
We are looking audcad for trend reverse pattern BUT we need more proofs then only picture. We are giving you away possible options. Trend description Trend way hasn't reverse yet. Price is at first testing perioud. The question is: Are we going to continue sell? If price will follow one of breaking options, your job as Elite trader is to focus at breaking spots...
The MASSIVE lockdown is about to come in all of Europe, so i think the MASSIVE CRASH is also coming find ourselves facing one of the largest bull trap which has ever had in history many people is in denial and long all ETF and imagine that the markets will go up ad for ever because of monetary support of FED Do not tell me that “the market already priced this”...
Let's think about this. The Australian Dollar is considered a risk-on asset who has high trade tensions with its biggest trade partner. Risk-on Equities are falling, so why shouldn't the AUD fall too. Well, the market is short-sightedly buying over the good CPI numbers which are front-loaded. I expect to see the AUD fall more in line with other risk assets. Of...
The week before the election. Will market's make a big move or wait until next week? This week has a lot of information on the chart. I generally try to keep my chart's as simple as possible, focusing on major areas of support and resistance and trading based on price action/setup. I try my hardest to not let my bias drive my trading. However, price is still...
I am anticipating JPY to get strong across the market. NZDJPY is at good sport to sell as structurally and fundamentally. Sell on strong price action. Good luck, 9
Retest of weekly key level and then shoot up. If Trump wins, USD will shoot up, if Biden wins.... well we are all fcked up :DD Good luck
Hi trades, Watch your lower time frame for your sell setups. If the price will aggressively break to the upside this setup will become invalidated. So keep an eye on your lower time frame for sell setups. I do anticipate that the price will be keep falling until the 3rd of November - USA ELECTION. After the election we can anticipate a DXY Dollar index to rise.
The only way I see this scenario being avoided is with a Trump landslide victory. I don't see that as likely. A Biden landslide would be disputed. A Biden small victory would be disputed. A Trump small victory would be disputed (although the fight will be shorter in this case). Once the chaos begins there will likely be no safe haven to be found, all assets are...
Leave a like below as well as a comment if this is helpful, it is always much appreciated! FX:US30 Currently the Dow Jones industrial average is at an area of resistance on our trendline and from a weekly point of view, price action seems to be at an area where it has formed a double top. If price action will continue to reject, we can expect a strong...
Look where the Election falls within the Macro Trends It's obviously a major event, and no one knows which way things will go... but it seems to have been written into the charts for a while? What do you think? Are we all reading tea leaves?
Look it does, NO FAKE NEWS :)
Based on a simple study from LPL Financial's research blog, the market might favor an incumbent president right now. At least that's if it stays above its August 3rd level for four more weeks. Considering where the VIX closed today (new low since labor day), that could be a safe bet. lplresearch.com
VIX - S&P 500 Volatility Index - (October 9th-14th 2020) Just an idea about our beloved VIX going down over the next week or so. Big moves in S&P to be made this week? Bloodbath could still be around the corner... It is the month of Halloween after all... ;) Low: ~23.64-24% High: 27.05% Could get crazy with the election inbound... Thanks for tuning in :)...
Everyone has seen the daily triangle and is predicting a break out up or down. You don't have to be a scientist rocket for this. You also don't have to be a scientist rocket for the next part. I think BTCUSD is more likely to break down and find support around $9200 or fib retracement Level 0.382. Here's why. 1. Weekly MACD crossed over bearish 2. RSI & CCI...
INDEX:DXY Update for DXY...After "No Stimulus 'til after Election" triggers market to buy $Index(DXY). Previously, as linked ideas, I had called for a DXY bounce at beginning of September. DXY proceeded to bounce from its 2011 Long Term upwards trendline, retracing to the 23.6% Fibonacci level($94.40) of the March to September drawdown. From there I forecasted...