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I published it as a NAS100USD chart, but this is the first time I published it as an IXIC chart.
The reason I published it as an IXIC chart is to check the gap location.
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To summarize the...
if Nasdaq breaks the 17700 levels and close the day above 17700 then we have confirmation of a breakout of the bear trend that started in July 2024
Now there might be retest of the 17500 levels once it breaks 17700 which is perfectly normal so dont panic but this breakout will confirm a bull move for the rest of the year and we will break through the previous...
Just another day at the office...
Plotting the SPX median line shows something quite ordinary.
No problem is apparent. All is well in the financial markets.
Classic candle charts hide the truth, as I have many times explained.
SPX now prints a bear 2M bar on the 3-line-break chart.
This simply means that a bearish engulfing has taken place on a significantly...
(Personal Savings vs IXIC) * Purchasing Power of USD
I noticed Personal Savings is very bearish, near 2011 levels. So I multiplied the Purchasing Power of USD by DXY and the IXIC, Composite Index. So it's a more fair comparison of value to the past. Then I adjusted the Decimal Places, so they would be in the same scale, for better comparison.
As the arrows...
BTC is analysed from price 0, 12 Jan 2009. Aggregate of stock markets (IWM, SPX and IXIC) are analysed from 2009's crash. Both asset classes are normalised to gold.
Using the Elliot Wave Theory on the long-run movement of BTC and Equities the following has been determined:
1. BTC has converged to the stock market's movements
2. Equities and Cryptos have passed...
Chart suggesting a move down as a double top enacts itself
This allows for a triple touch along a lower trend line
I think it will come down to the dotted white trend line on this daily chart
NASDAQ looks set to enter the bullish channel
its making simple HH and HL and have done an amazing recovery
this week is full of news so this week it might just be sideways
if support of 16500 is broken then we might see 15700 levels again
US stock indexes closed mixed on Monday as investors awaited a massive wave of data this week.
171 companies within the S&P 500 are set to report their second-quarter earnings results this week, and expectations are high given the Nasdaq Composite (IXIC) 16% year-to-date rally.
Some of the biggest companies including Apple, Microsoft, and Amazon will report...
Traders have made the ultimate mistake, they were caught sleeping on the steering wheel.
And after missing the trend, they attempt to enter it again, only to realize that they have trapped themselves.
A question arises: Were they sleeping or are they performing a suicide attack?
SPX is like a sharp kamikaze plane. Perhaps of Japanese origin, closing in to Perl...
The weakest minion can terminate the Apple dominion.
Apples, like all fruit, are born to serve two purposes.
To spread the apple species and to feed birds, worms and humans.
The life of the apple is interesting to watch. It began as a tiny seed in the fields of NASDAQ in 1980, weighing at $0.39 (or grams).
Now the apple has grown to be almost 800 grams. That...
Speculative bubbles excite traders and investors alike.
NVDA is the absolute winner of the AI craze.
Craze is the sentiment of the market cycle peak.
After craze and euphoria, fear and denial will inevitably flood our minds.
It is nothing more than the never-ending cycle of the economy.
A simple line drawn on a chart spells the ultimate demise for...
I can.
See it.
And also Believe it.
These securities are measured in #Fiat
which only becomes worth ... less with each passing year.
Until #Vivek comes into office, of course and backs the dollar with a basket of commoditie!
(maybe that basket may include #BTC)
Inverse head and shoulders has massive linear and log targets
Will be fun to watch this play out.
Since July is seasonally Bullish so there is a chance of correction before July start as that looks like soon .
NAsdaq right now is at the top of its channel up movement and can go down to 17500 and if its a fall from grace then 17200 is a possible strong support.
July can then push higher towards 18300
Lets see !!
I would be buying at 17500 and 17200 levels
I wager #TECH is still the place to earn better gains going forward.
It also doesn't carry the risk of #Financials
and it is not dragged down by slow growth "stable" companies like utilities.
Bleeding edge has always been the place to grow your money
and with #AI manifesting itself for the next wave of user growth along with #CRYPTO
you need exsposure to...
Suggesting a big pullback and recovery within this channel up. Also providing a triple bottom for the structure
Bullish long long term, this is the Monthly Chart
Liquidity Crisis may happen
most of hedgefund did buying treasury bond and then treasury bond margin loan ,
so they made almost 50x leverage on bond market
times over and over now only t-bill s gonna be recognized as collateral
so t-bill market happend this method
But NFP is too strong, FED didn't do Rate Cut now
So t-bill is bubbled now, we are gonna kill...
