Hi Guys. So i am always on the lookout for Macro trend setups, signs and opportunities. I believe ROKU is potentially in a position to take a nice swing. This analysis is on 1 day. Notice we have reached a Sloping Support trendline from December 2022. We've had 2 touches previous that resulted in bounces. Trendline theory states trendlines can stay intact for...
Hi guys! This is a MACRO Analysis on AMericas Car Mart (CRMT). Macro meaning larger timeframe aka the 2 week in this instance. Macro moves tend to speak louder than smaller timeframes like the 1 day for example when they start to move in price. I believe CRMT has come to an important area and poses a great trade setup in my opinion. If we look to Price...
Hi guys! This is a look into Monumental MACRO developments occuring in Nike stock market structure, some of which are happening for the 1st time in history. For this reason and in my opinion, its a very important time to keep eyes on Price action. The aim is to briefly go over what those developments are and what it may mean for NIKE's Current market trend....
Hi guys! This is a Macro analysis into Shake Shack (SHAK). We will assess various developments occuring in the charts, shedding some light into whether we are in a bullish or bearish overall trend. The analysis is done on the 1 Week timeframe. When looking at the Price action of Shake Shack. We have recently been REJECTED from a Major Resistance Trendline (RED...
The following assumption is quite simple. A close on the monthly chart on any investment instrument is hugely important, and the one we are going to have for BTCUSD in August could potentially dictate the upcomming macro picture. After the peak in 2017, the market had simmilar reaction in which price fell relatively sharp, followed by an unsuccessfull rebound...
Fibonacci channel with zero line stretching from 1942 low to 1974 low, and 100% at December 1961 high. The chart is in logarithmic scale. A few interesting things to point out: 1. Price only surpasses the 100% level during the dot com bubble and 2021-22 when the Fed's money printer was running wild (another bubble). 2. Price between the 78.6% and 100% level seems...
Cardano enjoys a sweet dead cat bounce before moving further down finishing wave 5 (.30-.10) before moving upward towards ATH. Headwinds to take into consideration BEFORE investing in what they identify as risk on investments: Jamie Dimon's Hurricane Comment: www.cnbc.com (People should take not coming from Jamie, potential significant heads up) Latest ISM...
We are living in very uncertain times. I wanted to provide a couple of view in order to understand the current market situation better and determine a strategy going forward. So I have created a US consumer price indes YOY% chart. We have not seen such high interest rates since the 1970s when demographics created a demand shock and oil embargos and Iran crisis...
Hey mates, When the market behaves unexpectedly and many people lose their money it is the best time to calm down and take a look at the market globally and historically. Market Phases Theory comes from the roots of the Dow Jones theory of Stock Market Cycles. Basically, all markets are passing 4 constant market phases: 1. accumulation 2. uptrend or markup 3....
ETH is at local resistance + a high volume node, trying to break out and confirm an Adam & Eve bottoming pattern and continue it's macro uptrend. If it breaks above this area, there is lower volume above which means it will face less resistance if/when it moves towards the upper trend line. We're also seeing increasign volume on increasing price - also...
I made this chart months ago with a massive flag being printed on the macro scale. This is show on the daily here but is better viewed on the weekly. If this continues to hold up, we could see a major rally, heading into q2. IMO
This weekend's market is expected to be relatively quiet. They will not produce large effects or move, and they will most likely not affect all pairings. We should proceed with caution, but the New Zealand dollar and the United States dollar have a very high possibility of gaining ground because of recent performance and statistics that I have obtained. After...
This is the ultimate score of my previous three weeks; I'm not sure what will happen next weekend; I have a lot of work to do today... yet as I sit here and watch all of this, I feel stunder. I'm at a loss for what to say... is just untrustworthy.
I will simply follow up on the previous two weeks with fresh and stronger knowledge, which I will get at the Microeconomic Information/Fundamental Analysis stage of the process. Things are rather straightforward; I don't need to say much since figures speak for themselves, and you can see my previous notion, which I have already shared... If you see the same...
Lets not forget this little bad boi either! Hidden divergence is indeed considered an indication of trend continuation, but have a look at the bigger picture here. Eeeeeeven if BTC remains bullish on the macro trend, this confirmation of hidden bearish divergence could see a comparatively massive pullback. This would fit the "Expanded Flat" paradigm mentioned in...
Hello everyone, rouzwelt here Well we are seeing some interesting moves from bitcoin recently, as price managed to shoot straight up through 35k resistance level to 39k without any reaction from bears. If you have been following me you know that I've been pretty vocal about the general weakness in chart and the lack of demand and that these reasons may cause...
These are fairly low and that is a real deal when considering that we may be experiencing a spec bub. Possible inflation hedge along with GME
Based on my understanding of INDEX:BTCUSD macro direction, this chart shows the three significant parts of the market cycle: - Forms a low after capitulation ( due to news, potential regulations, deleveraging on exchanges etc. ) - Creates a fast and parabolic run for several months ( diminishing returns each time ) - Market falls hard after creating a...