The SPGI continues bounce on the 30 week moving average. Now the S&P 500 is doing well. There are many things covered by the media that are anomalies in life and not true reality for the world in the large scale. With the understanding of the big picture, the world is progressing forward with better policies and a reduction in conflict. Things will never be...
Possible levels for the end of correction. After - a new wave up (iii). I think correction will end in a few days. U can check my previous global overview
As we can see on the global chart, ETH goes down in ascending channel. ETH has 3 key levels below. What is the next bottom? Leave your comment below: ~90? ~50? ~15?
Just putting this idea out there as a concept the chart is just to help express what I'm saying, not any technical advice. Recently everybody is screaming incoming recession, but I'm skeptical. Whens the last time everyone saw the decline coming from so far away? Theory: After the last recession there are measures put in place to help prevent such a large...
Tomorrow Open and Close will be Cruical as Bearish pennant Broken and lower channel is likely to break. Watch and trade carefully as key support levels are evident.
Looking backtest, everything seems great. Nowadays, we shouldn`t wait for big squizes because liqidity in 2012 and 2019 differs. Press like if you like this scenario.
What's up guys, so I've been checking AAPL recently and on the 1M time frame there does seem to be a lot of weakness, now, there are 2 scenerios I find possible, 1. Apple stock will continue with the bubble 2. We'll see a 90% correction followed by a recession on global markets.
Pretty good business news lately with Amazon strefront. Still looking to test either .38 or .28 areas for support/new support. Considering they're expanding their global reach this could be lucrative. (Nothing I say is trading advice.)
Rise in unemployment and horrible NFP. Farmers saying less than 35% of all feeder crop (corn and soy) were planted before the May 31st deadline fro insurance. Horrible flooding in the midwest lasting further and further into the planting season. Longer summer heat and warm winters a major cause for concern heading into those 2020 elections.
Based on general sentiment of market and blockchain technologies finding difficulty to "stick" to real world applications. Coupled with energy around the world becoming more cost-affordable and anti-globalism sentiments still reverberating throughout various governments, I think the environment for a global, decentralized market will take longer to develop.
All description on chart. Don't forget to like and follow. Thank you.
I think that we should break 4200/6500 and retest it to start a new uptrend. If we can not do that we'll probably go to the south. My comments are on the chart. Cheers!
The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company provides water, enhanced water, and sports drinks; juices; juice, dairy, and plant based beverages; teas and coffees; and energy drinks We are now bullish on Coca-Cola Company (KO) . The stock trade above our Short-Term Model Down Trend...
Hi everyone! Let's see levels on Bitcoin, Bitfinex, 3d chart, logarithmic scale. 1. We clamped in the narrow range 3465-3600. 2. There is some liquidity of 3235 and we've got the S/R Flip level at 2900 (the important resistance that has become our support: we flew out of there in August 2017 and retested the level in September's squeeze, too quickly, but...
Bidcorp is a broadline foodservice group with a geographic reach encompassing over 34 countries on five continents. Bidcorp, operating as Bidfood in most geographies, has adopted a decentralised model of management which encourages the entrepreneurial spirit contained in each of its businesses. Each business is directly responsible for its product range, its...
Amazon was in the pre-market news today. India has put heavy restrictions on the e-commerce retailers, AMZN and WMT and others. The ruling affects many products that Amazon sells. India’s rules will bar retail e-commerce companies from engaging in an exclusive partnership with a seller. This could hurt Amazon’s expected revenues from India. This dominant...
This, my custom Global Market Cap Index, is showing very good signs of a market bottom setting up. We still have to wait for this bottom to confirm, but the early indications are that this move lower just before Christmas was likely a "washout" low price rotation that will prompt a decent price bottom setup. I've been searching through my charts and my other...