Coronavirus cases up 37% over the last seven days to 203,082 in the U.S.
The resurgence in Covid-19 cases around the world could slow the economic growth.
My price target for SPX S&P500 is the $4160 support
Jeremy Grantham recently says a bubble means crazy behavior, Ray Dalio explained in his video we are in difficult, Housing price too high, inflation jumped high and rising of IR fear ticking the clock. Micheal Burry famous in deep digging and in his recent tweets like he going to warn again.
But if we look technical we can say we are too vertical and this pile...
Hi Guys, as we can see there is some accumulation happening of Gold. Right now Wyckoff Method is playing exactly like the method suggest.
If you look at the Accumulation Schematic #2: Wyckoff Events and Phases, We are continuing the last accumulation Phase of D.
Playing around with this count on the LT weekly chart from b4 2000 dot com bubble. SP500 looks like a very clean 5 up & 5 wave down pattern 1 after another. I am sure that if we dial down into the LTF we could find many complex Flat & zig zag corrections but zoomed out everything looks pretty clean.
The W3 that we are currently in lines up with 4600 rough target....
Upward trendline support was broken last week.
Today we near perfectly retested the bottom of that trendline.
Should proceed lower tomorrow, but if we shoot up above $4250, I'll admit defeat. But just for this battle. Not the war.
(Not financial advice)
Good morning, everyone!
Shiba Inu is about to get listed on Coinbase and, as you can see on the daily chart, the price has just found support on top of the first medium average line (on lighter red).
I had previously pointed out that Shiba had found its support around the 00000650/00000700 values, after the big drop that followed its Binance listing, and I also...
I've been checking the fibos and the way USA keep inyecting money to their private sector and... Well SPX is yelling (IM GOING TO FAALLL!!!)
I really have not more to say that this is just the way I feel and you should pick it with a grain of salt~
My super smart highly educated fin twit buddy is telling me 4400 is coming b4 any pull back. But IDK TBH I see the waves as complete and W4 should ensue very soon. So Im just open my LT trades and I am trading in and out quickly as we all know from EW wave 4 can be brutal. Or can be quickly bought up so this uncertain aspect of stocks leaves me kinda on the side...
Just a simple 4 th wave FLAT correction, BULLS wanted to take some profits on the table before half year ending,
5 Wave ''C'' will emerge from today with maximun pullbacks(80%), Enjoy trading with known direction until 22ndJune