#GBPJPY - According to the GBPJPY analysis we gave the previous day, the GBPJPY DOWN SIDE WAVE has reached 60 ++ PIPS. MARKETS have moved DOWN SIDE from the same mine we have provided. - JPY has weakened slightly as VIX is slightly down. Due to this, STOCKS and XXXJPY CURRENCY were slightly BUY. GBPJPY also became BUY because of that. But now there is a...
Today, the jobs report came in higher than expected. This is a bad thing in the eyes of the FED! Why? Because Jerome Powell is trying lower employment numbers. Strong Employment, Strong Economy. Isn’t that a Good thing? Not when inflation is this Sticky! Jerome Powell is trying to put out the flames of a hot economy to bring down inflation. For the...
The pattern is intercepting the trend here. Nice to see how the 2020 lows found buyers and the price moved back above the 50% lower inside. Update of the concept shared here:
It is somewhat ironic that an eight minute Powell speech in front of a wood panel wall with a variety of vacuous, yet "hawkish," narratives is the catalyst for the market to begin to rightly seek new lows. Perhaps if they had hiked rates 200 bps we would have seen a 4,600 SPX print "because reasons." I've heard some say that the currency of central bankers is...
i just dumped at 1st target, actually made my $3500 loss back. tricky week tradin this crap. 2 reazonz i dumped 1) not seein any accumulation on this ramp (see below, its flat) 2) turdsla wuz flat note, we're still seein very light VIX CALL volume 4 thu next 2 weeks. so we're gettin alotta mixed signalz here. i just wanted out. my partnerz still holdin hiz...
ETH daily update. Overall, the daily timeframe is still very bullish. ETH was rejected by the middle KC and will likely rebound into the upper KC channel. Next resistance levels are $1,630, $1,670, and $1769. Should daily fail to maintain $1,500 then this idea would be invalidated. Technicals - ETH Daily TTM Squeeze now showing upward momentum (bullish) ...
This pump was to scare the market out - Indicators are extremely exhausted, TrendExhaustion HighsLows and Momenter have touched ceiling and even Momenter has signaled a bearish momentum kicking in. It's time. Stocks and Crypto can have some relief soon.
#DAX starts with price gains (+1.2%) in the first Friday of the month. However, we just reach the upper Bouhmidi band. We have already seen several reversals at the #BouhmidiBands this week.
Here are the levels going into the trading week of Aug 29 to Sept 2nd. Below are a few points I am considering. • My bias going into this week is now Bearish • S&P dropped sharply on Friday last week. It had a 173-point range and finished down 4.06%. • Price has dropped back below the 9/21/55 emas • Price is back below the Neutral zone. (Below HTF 382 Fib...
Here are the levels going into the trading week of Aug 29 to Sept 2nd. Below are a few points I am considering. • My bias going into this week is Bearish again. • Nasdaq dropped sharply on Friday last week. It had a 650-point range and finished down 4.88%. • Price has dropped back below the 9/21/55 emas • Price is back below the Neutral zone. (Below HTF 382...
ETHUSD Daily neutral with a bearish bias. Recommended ratio: 48% ETH, 52% Cash. *JOBS REPORT WATCH. DXY and US Treasuries are dominating headlines again and pulling liquidity from markets as DXY hit $110 in today's session for the first time since September 2002. The 9th GDPNow US Q3 GDP estimate came in at 2.6% today compared to 1.6% on 08/26/22 ; this adds...
In a philosophical way the money is a measure of value and all its quantity represents the resources from beneath the ground that are constantly being dug each day of our lives. Deluting the quantity of the currency supply does not change the value of every rare earth which came out of the ground to construct our physical world or the nutrients which fuel our...
AMEX:UVXY My UVXY is that fear and volatility will rise after the Powell speech from Jackson Hole WY tomorrow. Accordingly, I expect UVXY to reverse its current downtrend while the S & P and NASDAQ slowly rise Accordingly, I will buy the $9.50 strike call options expiring September 2nd now priced at 35 cents er each or $35.00 for one contract. I expect a...
this is a follow up to my last post, read that one first. ---- Considering what i mentioned in my last post, if the bounce from 3880~3860 is weak, and price begins to flag into the days ahead, this will not be good news for the bulls, but it'll be great news for whoever is ready to catch this short. ---- realistically, if this case is confirmed we can see es...
good morning my peoples, es is yet again at another crossroad here. ---- >>IF the area between 3880~3860 is supported by the bulls, and they come in strong, es might be able to get out of this funk and continue the upward trajectory into the months ahead. >>IF the bounce is weak, it flags out, or there's no bounce at all, then the bull days are behind us and...
another .8% ta go till mandated 392 gapfill than we rocket higher imo. this iz way overdone now on nuthin we dont already know. so far everythingz based on fearz only. until unemployment #'z start skyrocketing we're still not in uh major recession. we're obviously in a tiny recession right now with rizin rates, that wuz inevitable. open interest in VIX CALLZ 4...
DXY keeps consolidating around the local top area, forming an ascending triangle - the breakout will be crutial therefore this remains to be monitored. Either breakout will lead us to the according major trendline. Considerating SPX being oversold and VIX consolidating - it is likely for the Dollar to take a pause and go for that correction much needed soon....
According to the VIX Cheat Sheet Indicator the Nasdaq will lose around 2.64% within the next 5 candles. NASDAQ has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. There is no support in the price chart and further decline is indicated. In...