UVXY which leverages the VIX as a measure of volatility / greed/ fear has finally crossed over the mean anchored VWAP. This is a sign of bullish momentum and perhaps a signal that traders should hedge or consider their positions in terms of hard risk management. Those who traded this move up today made 10% or better in the trade. Those who bought call...
Since Coinbase went public in April 2021, its stock price has taken quite a tumble. Looking at the weekly chart, we're in the middle of a downward trend, marked by a 5-wave cycle that's not looking too cheerful. To shake off this gloomy forecast, the stock needs to climb above the peak of Wave (1), which is at $208. If it can't make that climb, there's a good...
SP:SPX is not going to crash in the Q1 or Q2 2024. I have measured that we will continue the rally atleast until the resistance zone around 5200-5800. I used fibonacci retracement to determine the rally target and the pullback target. If we topped at 5200-5800, we will most likely drop to the support area around 3500-3200. I highlighted some area in the RSI...
In-depth analysis considers various factors: Despite the approaching Bitcoin halving. We consider the following: Acknowledging the historical price surge before the Bitcoin ETF launch, making it resistant to substantial capital investments. Recognising the lack of momentum post-ETF launch and the struggle to breach the upper resistance around 51-52k. ...
itch Ratings downgraded the US debt rating on Tuesday, moving it from the highest AAA rating to AA+, citing concerns about "a steady deterioration in standards of governance." This downgrade happened following last-minute negotiations among lawmakers to reach a debt ceiling deal earlier this year, raising the risk of the nation's first default. In the past, a...
The VIX will spike again, nothing to do about it. Fundamentally, a perfect storm is brewing. We had/have many events in the markets: - Covid Pandemic - Supply Chain Disrupted - Ukraine Invasion - Russia Sanctions - Inflation Spike - Energy Crisis - Global Drought - Interest Rates Hikes What's next, a full-blown WAR?
SPX is destined to drop hard, back to 2009 lows. I decided to go short, to catch the next Market Crash. It's the previous Wave 4 of a lesser degree. If you know Elliott Wave as I do, then you are getting ready too. In my opinion SPX500USD has topped a Wave 5 of a large degree. More info on that in my Full Wave Count for that 150y old chart. Here's a picture...
The dollar index has moved on the path of July 11 so far and the scenario has not changed for now According to the left of the chart and the completion of the technical model of liquidity provision, the long-term correction of the dollar index has been completed and it has started its main movement. This break of the dollar in 2023, in my opinion, was like the...
This is an SPX chart from 1872. A 150 year old chart. As you know, I am the Elliott Wave Jedi. So, I took the liberty of labeling this SPX500 chart. There's only one thing I can say: "SNP500 is preparing for a BIG Drop, a Market Crash". My Wave Count suggests that a major Bearish Swing is starting, or will start soon. The 2009 lows are inevitable. Price Action...
Hello Traders and Investors, My name is Philip and I am a German swing-trader with over 4 years of trading experience. I only trade the higher timeframes, preferably the monthly chart, because this allows me to capitalize on the major market swings. I view trading as a long term game over the next 20 years which will help me to build massive wealth - it is not a...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of the Nasdaq 💪 Looking at the macro view on the monthly timframe you can see that at the moment the Nasdaq is retesting massive resistance of the 10+ years rising channel formation so I do expect a monthly push lower. With...
The last cycle expansion phase or the euphoric stage, has already occurred between 2020 and 2021. Sir John Templeton said: “Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria.” Reference of Nasdaq: E-mini Nasdaq-100 & Opt Minimum fluctuation 0.25 index points = $5.00 Micro E-mini Nasdaq-100 Index & Opt Minimum...
Russell represents the true economy of United States. There are 2,000 medium size companies with each value between $300m to $2b. The index includes a diverse range of companies from various sectors, including financials, healthcare, consumer goods, industrials, and technology. In my opinion Russell represents the true economy of united states. If the bank run...
All credit booms brought about by Central Bank-induced artificially low interest rates and loose lending standards end in busts. In the recessionary phase that follows the boom, credit becomes much harder to attain and many over-leveraged businesses end up going bankrupt. The recessionary phase reveals the malinvestments and unsound business decisions that were...
If you haven`t bought COIN puts here: Or sold it here: Then you should know that COIN Coinbase was more than a client of Silicon Valley Bank, and the relationship between the two companies was more than just a client-provider one. Back in 2014, when cryptocurrency projects and businesses affiliated with crypto struggled to secure financing from traditional...
This could be a crash scenario for market . 400~200 $ is a power full target for ETH . time is always matters . but around 13 sep we have a time pivot . dont look for near targets for low price yet. short position stop loss . we are still in weekly down trend . 1300 $ is first target and possible support .if it breaks it will become a strong resistance then be...
A review of the price action from the European session and recap of US price action as US indexes followed on from weakness in Asian and European trade. I remain of the view that data is still showing 'sticky inflation' which eventually leads to higher interest rates and lower spending which will cap the indexes as we can see from the selloff. I look at some key...
be ready for bullish or bearish icic bank was in channel breakout or breakdown will be decide the market crash or normal