S&P500 gains a lot in the past week, is this the end or the downtrend? is it the bottom? We should monitor the main levels here at $4200, it will tell us!
📈Bitcoin has followed this pattern 2 out of 2 times. In this idea, I will explain why Bitcoin is very likely to continue its rise instead of falling a third time. Are you ready to a PUMP? Write in the comment! Bitcoin has fallen every time after the false breakout of the key levels: 🔥$45800 - a drop by 40%. 🔥$31460 - a drop by 44%. 📊Fundamental reasons for...
Technical analysis: on the daily time frame oil has broken the down trend; and pulled back to test that area again. Also creating a double bottom as well. On the 2hr timeframe at around 98.00 oil is sitting at the neckline of a minor structure double bottom; also at the top of the demand zone. Waiting for confirmation to sell down into a pullback down to 96.00...
The S&P 500 is ranging near relative highs. We broke out into the 4000's, but fell short of 4009. Several red triangles on the KRI are confirming strong resistance at these higher levels. We have some support from 3909, and a break down could take us back to the mid 3800's, likely 3848 or so. A rally could test 4009 again. We expect the S&P to respect this...
Strong Rejection from the Upper Resistance trendline Reconfirms DEscending Downtrend of Bitcoi/usdt. Projected Support Intersection at 7,500. Fundamental conditions are the root causes of the continuing bitcoin plunge 1 FED Rate Hikes cause strong Risk aversion of Institutionals and Investors, and rotation into Dollar Cash. 2 Continuing wave of BAnkrupcies of...
Treasuries are an intersting play right now. Depending on your home currencies it still might be a good moment to consider stocking up on them in your portfolio. Couple of notes looking at the chart. FOMC participants’ assessments of appropriate monetary policy: Midpoint of target range or target level for the federal funds rate was shown to be around 4% (per June...
BTC appears to have another bear flag. BTC appears to be dumping leading up to a FED rate hike. BTC may bottom out at the FED Pivot.
GBPUSD H4 This 1.20 handle has been holding out really well for us, and have offered many trading opportunities (mostly shorting) in line with dollar strength. Evident b2b hikes with risk flows and global trade fuelling dollar bid. Small correction seen over the last week or so, but still very much on track for further dollar extensions. Cable expected to see...
This is a quite interesting chart showing a ratio (black trend-line) of the Interest Rate, 5Y Yield and Federal Debt trading within a Megaphone pattern since the 1990s. Its (Higher) Highs have naturally coincided with peaks in Rate Hikes (red trend-line). The last peak was on October 2018 and currently the ratio just broke within that range again (red...
Inflation continue to weighing on gold and stock markets. The next 90 minutes will be key for gold direction. Here is the key levels to watch.
Since we last covered Euro Dollar in our Timing is everything! piece, the pair has traded lower, playing out exactly to our assessment and hitting both of our price targets. However, things have changed quite a bit ever since. Inflation has skyrocketed in the EU and the ECB seems ready to start playing catch-up on rate hikes. Looking at the charts, the Euro...
NYMEX:RB1! While the U.S. stock market performed miserably lately, energy commodities have a banner year. According to the American Automobile Association (AAA), the national average gasoline price reached an all-time high of $5.016 a gallon on June 14th. Diesel logged its own record on June 19th, at $5.816 a gallon. Crude oil price hike is certainly a major...
CME_MINI:ES1! In the past six months, the S&P 500 has fallen from an all-time high of 4,818.62 to a fresh 52-week low of 3,636.82, down 1,181.8 points, or -24.5%. Following a brutal week, the U.S. stock market rose on Tuesday, as investors weighed the Fed rate hikes amid rising fears of a recession. The Dow rose 2.15%. The S&P popped 2.45%, and the Nasdaq...
Next year blackswan turbulance could bring us a massive wyckoff accumulation in BTC
we have 2 way to buy gbpusd after it down to support level or after breakout 1.2340 our buy target 1- 2420 2- 2520
Time for volatility, Professor's favorite time and bring it ON! 1 Leg on each boat (Long and short) and either there will be a dip we will buy, if there will be a pump we will take some profit and wait as we have more on the right side (Long). Not sure if this makes sense to everyone but big days like this take praparation. TECHNICAL: A bit of a pump/rise...
Niagara falls happened the minute we lost the key levels. . good news is that we are finally close to support again...the area close to 2017 ATHs and also 19700 technical support Usually after the falls we have a 'lake' but hey, this is Bitcoin: Can it rebound now? a bit Can it rebound tonight? Yes, if rates are not increased by 0,75% but only 0,50% Can it...
June 17 Expiry 4X - June Op-Ex = $3.2 Trillion Oops - someone's gonna be off-guard. In March the Spy ran from 414 to 444 into Quad Witch. ______________________________________________ Recession / Downturn? Depression is well underway.