I've been following WYNN for a while and I use this as one of my recession indicators of the economy. I believe people are head above water high in credit debt and can no longer afford to gamble or visit the casino. My prediction is a -6 to -8% drop before it does a dead cat bounce up.
This is my view on the SPX500 I believe there will be a last effort to drive prices higher; one to two more extensions which target the 127% Fib extension and the 168% Fib extension of the last bullish range. I also see the start of a strong divergence in the RSI(14) and there could be a third maximum peek to complete the Fib extensions mentioned before. Trying...
The chart above is for an experiment based on peak linear regression. The two main support zone above were established by analyzing historical movements based on regressional trends. The 16k zone represents the possible standard deviation zone, while the one below represents the regressional mean to the peak. The Peak Momentum indicator below establishes...
This is a weekly chart of the S&P 500, illustrating 2 previous recessions and a possible one coming soon. In 2001, recession topped at the 3rd wave and retraced 50% to wave 4. In 2009, recession topped at the 5th wave and retraced to the golden ratio at .618. Now as we're approaching 2020, which happens to be another election year, we are approaching the end of...
A bull div is forming on the daily, looking at a retest of resistance a 6233.9. Larger time frames (3D and weekly) still say down. Fundamentals (economy, banks, dollar etc) also say down. Will update once we approach the level. Current sentiment - long... extremely short term though.
SPX and US yield cuve analysis for recession warnings...
US AND GERMANY YIELD CURVE for comparison purpose...
Just wanted to make a nice long term chart to see if this will be the most obvious case of bearish divergence, specifically RSI. Target is a 33% retracement from $3,000 to $2,000. SP:SPX
The markets are changing and oil is looking weak with this strength in the dollar as of late, so be prepeared for this. My overly bearish view on oil is the retest of the lows USDWTI @26.06 and lower @22.00.
Notice Impulse waves happening over years at a time on a very solid decade cycle. Solid double top with breakdown. Looking for the next big recession in the next year or two. That being said I'm looking for a stock melt up that im almost sure will happen. Many stocks may see big bull-runs before finally entering the bear market. For Celgene, this melt up might...
Well, the question is already asked in the headline. Concerning all indicators such as politics, economics and other indices such as DowJones or NasDaq one could really take that into account. The year 2021 could be a bad one for Germany, moreover it fits perfectly to the elections taking placing in 2021.
Hallo People of Tradingview, if you want to trade GOLD always keep an eye also on the US Dollar Index. The analysis starts when prices take the distance from the SMA in July 2014 with a clear move that reached an high of 100.39 before forming a broadening formation. During this period of accumulation/distribution DXY reached it's peak when Trump was elected....
The Monthly RSI over the last few months went higher than 97 and 08! The yeild curve inversion. The Turkish Lira collapse along other fiat currencies. Unemployment is low. Very soon we will see a sharp market downturn. In the chaos I believe we will see that the bank bailouts from 09 will have only postponed the issues. This may be the biggest financial disaster...
This is a W1 chart of Microsoft. The purpose of this post is to follow major companies whose share price affect the general financial market in order to anticipate the depression/recession that is to come. This analysis is based on EWP in combination with fibonacci levels, and some reversal candle stick formation in the end. After the correction of 2008-2009,...
Dont let big volatility scare you. good buying opportunity for NASDAQ:FB NYSE:TWTR and my favorite: NASDAQ:TQQQ . Looking for the big meltup driven by momentum investors befoire the onset of the next recession in the 2019-2020. : Looking for a peak out around 9000
This study uses Spectro™ M Hey guys, Specter here, and this is a nice and controversial topic that I'll enjoy spending my time writing such a big public report. Plus, I love seeing some conflict in the comment area. The first premise; basically, I only trade in general using my Spectro™ M indicator and I like to keep things as simple as possible, so we have...
Earlier this month, my friend Harrison Schwartz wrote an eye opening article exposing the disaster that is in store for Chinese Real Estate investors (seekingalpha.com). The article analyzes the unthinkable situation China is in, and what is most likely going to happen. After reading it, my first thought was how can I make money off of this inevitable crash? That...
what i think the top of this bubble might look like for reference.