As Rektember draws to a close
The seasonal's actually point up for Q4
Santa Rallies are real market phenomenons!
But is this time is different? Could we have actually topped??
Compared to the tech wreck of 2000
You can see the initial drawdown was around minus 40% from the top
We then got a mini bull run, a recovery wave.
About the same 40% in an upward...
Babylon, the city where everybody spoke different languages.
In the end, Babylon met grave consequences.
(Macro perspective of the main chart)
Citizens of Babylon, in our case traders, can barely communicate.
They all speak in different timeframes, and with contradicting interests.
Which translator in their right mind can untangle spaghetti?
Many different...
We've been seeing NASDAQ index volume decline since mid-July. The rise slowed down and even came to a halt. Therefore, we expect a decline for NASDAQ in the coming period. This decline will reach the 200-day moving average of $14250. But the weekly close could be above $14550 in any case. At this level, purchases of US stocks can be considered.
Trend Bullish
P above vwap yearly
Maket profile shiftig higher
POC shifting higher: Now the 15 most institutions and institutional traders, that control more than 75% of the makets( Market makers show their cards:Thier footprint is POC, a phenomenon they cannot hide, but shows exactly what they are thinking, where they buy or sell, and a forecast where they will...
It's clear the mega-caps are the only thing holding this market up right now.
The 50day SMA is acting as support for QQQ while simultaneously acting as resistance for the broader NASDAQ IXIC.
My current thoughts on the Nasdaq and correlating American markets.
I expect a higher high within this large broadening structure, followed by a large bear run for a few years. During this period it would be optimal to switch to rare metals (gold,platinum,silver) and also crypto as a hedge during these turbulent times.
Following this I expect a huge bullrun. But...
I see people posting comparisons of the NDX 100 from 2000 comparing it to 2023.
Its nothing alike people are still short waiting for a "collapse" that will never come due to the fact the USM2 is debasing and offsetting the actual index.
I'm shocked not even the "experts" on Youtube or Twitter explain this to new people coming into the markets. Because they...
NASDAQ is forming a potential head and shoulder pattern
The neck line of this shoulder is 13247
If it goes below that or the daily candle close below that level that means the bearish trend will start
Looking @ DXY also it seems it is coinciding as usual with the potential down turn of the market .
20 Sept is the Fed event and that can bring the news to push...
NASDAQ is forming a potential head and shoulder pattern
The neck line of this shoulder is 13247
If it goes below that or the daily candle close below that level that means the decent will start
Looking @ DXY also it seems it is co-inciding as usual with the potential down turn of the market .
20 Sept is the Fed event and that can bring the news to push the...
This is a period of recession, a period when hands change. Last becomes first and first becomes last.
Curiously, if you mix and match the main indices, you will get bored of the same shape appearing over and over again.
They all appear in the same period. This stuff is hidden in plain sight...
NDQ vs DJI
SPX vs NYA
NDQ vs RUI
RUI vs NYA
RUA vs DJI
This...
In this chart, the Dollar Strength Index is adjusted for:
Yield Curve
Money Supply
Gold
Helpful for maximising technical accuracy for evaluating long-term movements for all financial markets.
The Total Market Cap , BTC and Altcoin Market appear to be breaking out of crucial long-term levels. Certain market conditions have to be met for either a bull-run trigger or bear-cycle continuation, based on the degree of economic stability and certainty in it. I'm going to discuss critical technical levels and their implications, as well as my ...
Well a chart says more than 1000 words
Overall trend is bullish, but current predicted crrections(See my previouse Nasdaq trading ideas!) and Gap filling has been ocured successfully. Scenario 1: We keep arriving the bottom of the bear area future zone(red marked Time zone) Powell speaking in Jacksonville, but fundamentals are yellow green. If we break 14488, then...
A double top is forming on the Weekly timeframe for IXIC or the NASDAQ
this has been seen before which is shown with bars pattern tool and prior top
Bearish on this timeframe
IXIC has been dropping quickly due to rising bond yield e.g. US10Y and US30Y and rising volatility. Volatility is often a self-fulfilling prophecy, as many funds automatically sell when volatility rises above certain threshold, creating more volatility and causing other investors to sell.
However, the big picture remains bullish because the overall market...
The Big One. The big question. Buy or sell?
A question is easy. An answer can be hard. Most of us here trade because we believe we have a grasp on the answers. And we have several methods on our toolkit to reach a conclusion.
One of these methods is belief . That's what we gamble upon. Belief on indices, stocks, ETFs, currencies is what makes us buy them and...
Since progressive negative views about the world economy - altcoins have underperformed significantly against Bitcoin. This includes Ethereum, which many thought would have been a lot closer to overtaking BTC by market cap at this point. The following fundamental and technical reasons are behind my bullishness on ETH/BTC:
3 main TA points
- Bullish ETH/BTC...
The markets simply refuse to give up. The birds are speaking to them, but nobody listens.
Gold, still living inside a massive bearish wedge pattern, is almost ready to print a death cross.
The 1M, 2M and 3M timeframes print a similar picture.
The 2M chart is beginning to give in. Volatility between MAs is keeping these still glued together, unable to figure...
