Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
FOMC FED Net Liquidity Central Bank Balance Sheets: United States China Japan Italy DXY EURUSD CPI PMI
Stronger CPI Data released , expecting DXY to new highs ! New Rate Hikes is possible for upcoming September FOMC meeting ! Could it be 100 basis point ?
Recent price action on gold appears to be corrective, given the overlapping natures of the swings and choppy trading conditions as it grinds higher. The retracement has stalled around the 38.2% Fibonacci level and weekly R1 pivot point, and a two-bar bearish reversal formed at the resistance zone to suggest the market is trying to top out. That said, corrections...
Lots of things happening in finance today. US inflation is at 8.3% (higher than expected with no end in sight), which tanked both crypto and the stock market at the same time. Goes to show that there's still a lot of overlap between the two right now. Also coming up is the much anticipated "merge" on Ethereum (going to happen some time this week, according to...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management My team entered interior air space purification company Aeroclean...
50 bps is now off the table and the market has 75 bps locked in.
Inflation was released today. The inflation has decreased to 8,3%, however the price of goods are increasing and is higher than before, with 6,3%. Don't forget tomorrow we have PPIndex to be release tomorrow. About the chart: We can see the first resistance at Fibo 23,6%, and this show us a strong resistance for the next hours. We calso have a triangle that had...
Picture perfect island reversal following higher than projected CPI figures. I'm thinking the bear market relief rally is complete. Bought a little SQQQ on Friday 9/9 which was a day too early. I think we'll have a strong downtrend in the near term at least until the Sept FOMC meeting.
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
It feels like groundhog day whenever CPI prints roll around. Last time on our game of "Has Inflation Peaked?" the Fed was confident inflation was going to decline MOM. But we see things outside the FEDs box and realize that inflation is in fact sticky I'm still counting on 4005 to remain supportive. There is a gap back down to 3905. Should 3905...
GBP/USD is in positive territory today. In the European session, the pound is trading at 1.1731, up 0.42%. GBP/USD continues to take advantage of US dollar weakness and has gained 240 points since Thursday. Inflation has hit a staggering 10.1% and the Bank of England is projecting that inflation may not peak until 13%, with some analysts predicting an even higher...
According to latest Gold Weekly analysis ,the price had entered an important Bullish Order Block. By this movement we expected this range to prevent Gold from Downward trend further.. In the last two weeks , When the price entered the 1690$ range , it faced a positive reaction and this order block was finally able to stop the heavier Fall! during this week ,If the...
I know this chart isn't driven by TA, but when I see a long-multiyear-trendline that fits all highest inflations in US history (recorded) - I won't ignore it. In the last months we've hit it - crossed it - and lately retested it. Today keep you eye on what's next.
EUR/USD 🔼 GBP/USD 🔼 AUD/USD 🔼 USD/CAD 🔽 XAU 🔼 WTI 🔼 After a long run of a strong dollar, investors are warming to the idea of slowing US inflation, expecting a falling CPI and a stagnant core CPI. As a result, other major currencies are able to recover against the greenback. EUR/USD retreated from a high of 1.0193 to 1.0119, while the latest German Economic...
Using the SPX as an inflation deflator yields this chart showing the recent action for Bitcoin as a bounce off a lowest lower low which coincides exactly with the last cycle top in 2018. It also shows a clear top this cycle in April and the subsequent top in non-adjusted terms as a normal bear market rebound.
If we are beginning wave 3, I have us in Sub-Millenial wave 1, Grand Supercycle wave 5, Supercycle wave 2, Cycle wave A, Primary wave 5, Intermediate wave 3. I alphanumerically refer to this wave as 152A53 Intermediate wave 2 met all of its targeted movement and it bounced perfectly off of the median wave 1 retracement. With all goals met, the major drops are...