Hey traders, Thanks to the legendary Elliott Waves theory, I am able to visualize a plan that could tell us that in the incoming weeks we could find a very bullish momentum. Stick with me for more updates of the incoming rally. . . BTW, I am selling a PDF , regrouping all the knowledge I have found on Elliott Waves , from the greatest analysts books, into a...
DYOR! This is just reverence. Simply when index break the equilibrium ... .
The euro is dead. But the CAD could be on its way out if there is a global recession and the demand for oil drops heavily. This idea is more technical in that, I would expect shorts to be trapped and for their stop losses to be places above some swing highs. My target would be the double top
Technical: S&p500 holding critical support (yellow ema), a possible bottom will be 503EMA or circle marked in the chart, if Williams AO does its crossover, prepare for vacation. Fundamental: Rate hikes are the least of the worries, everything seems bearish. The only hints of hope are the US unemployment rate below 4% (somehow low), and the Ukraine war. NATO and...
In my opinion the market is trying to find a bottom. How far it will go down, Im not sure, but anything lower that 3450-ish, will take market to very oversold territory. Everyone is waiting for Thursday’s CPI, depending on the result this can go either way: 1. Inflation is rising - this means FED will be rise rates by 0.75 in November, strong move downside, but...
The euro, as well as all its correlated currencies and related products, crossed critical support levels a few weeks ago and right now is in a pullback within the mid-term downtrend. The mid- and long-term trend are in phase 4 (bearish), and the RSI on the monthly chart is 23.32, which make it unreasonable to hold it. After our shorts and currency strategies a...
US30 hasn't finished its bearish leg. According to our analysis, we are still in wave C of the major ABC correction. Wave C has 5 waves are we are currently on the 3rd wave (which is also made up of 5 subwaves) For this trade idea, we require some time for the subwave 4 to appear, which will look like a correction. Once we see this correction, we can use a simple...
The talk of economists these days seem to be "Cash is King" (esp USD) vs "Cash is Trash". While it's true that a lot of people are liquidating their assets now in favor of dollars, given that our economies are interconnected more now than ever before, this might only last for a very short period of time. While the market is likely to go into panic mode soon (the...
i have used a great colour to present my analysis. so please go through the colours carefully. INDIA is clearly not in recession, this makes us to understand its bottom point. lets start: THE TWO BLUE LINES: represents the trend followed by NIFTY post corona's bull run. and through drawing the PURPLE LINE, i have marked the bottom, and its area(sorry for the...
Dollar Domination. Deflation Cycle. -22 FED has printed money now since -20 to save companies from going backrupt. Printing up to a danger level of 3.3 Trillion dollars. Creating a bubble like never before. Debt bubble is $63 Trillion DEBT. We are about the reach prices as 1929 played out. Stocks that are around 300 dollars will be in 50-20 dollar range.
WTI: Deflation has started 2022. Dollar on the rise to previous highs WTI has no room to be in Extended Range any longer. With Stocks and inflational products keeps going lower. Dollar domination is just getting stronger and VIX is still supressed relative to history. All this is about the breakout to the upside. Oil will reach 65 WTI price this month because of...
Stock market has still stayed in a bearish market structure. Observing multiple bull rallies throughout since February/March 2022. And bull rallies will continue so long as market sentiment continues to expect a more negative month/quarter than it actually is, although still in a decline versus previous month/quarter. We can tell bearish market sentiment from the...
sell off after bad Q3/Q4 results and final numbers from Q2 come in still negative, and perhaps, an official recession announcement. could be bad next year, depends on weather. may get an el nino weather pattern next year, then return to la nina and more drought. hopefully there isn't widespread food shortages and famine, but theres lots of farmers complaining...
Hello,Traders! DOW JONES is trading in downtrend But the index has retested A key horizontal level and IF It gets broken, then we are officially In the bear market and in the recession as well So watch this level closely in the nearest weeks Observe! Like, comment and subscribe to boost your trading! See other ideas below too!
Last week, UK pension funds, which hold highly leveraged bond derivative positions, were facing a nearly $1 trillion loss as bond prices crashed and yields rose. The crash in the bond market has been underway for years, but the tipping point occurred when the UK prime minister pledged to cut taxes at a time when inflation is soaring into the double...
Deflationary assets - aka artificial scarcity - is a product of the mediocre mind. Exponential growth and real social progress comes from the idea of "growing the pie". It's weird how people don't use that phrase anymore since it has become such a foreign concept at this point. Bitcoin (and now Ethereum), NFTs, real-estate (both IRL and the metaverse),...
Where can I buy this "recession"? Looks ready to go parabolic to me.
heres my chart im going be posting and looking at over the next year something that will be on everybodys mind come election and new year-- how to tackle inflation and recession--- probabilities. I am neutral for which I dont have many indicators that will work with this i dont believe so I will have to do some searching on google- for some examples of...