Recounted NDQ and find it hard to imagine we fo not at least test the weekly ema 100, with the fact that yeilds are still heading to 2.1% USD is heading to $98-$99 & TA patterns show a failed bottom ST TL.. So probably we have a bearish Feb to start and bottom around 13,000
The ASX200 is under pressure as price falls into the weekend on stock market meltdown fears. US rate rises and inflation, along with other concerns, are weighing on bullish sentiment and testing the patients of buyers. Is this the calm before the inevitable storm? To me, the 7175 level is the line in the sand after the recent RTF (Double Top) at 7625, and buyers...
A rally in crude oil triggered more concern into inflation and interest rate rises which saw a stock market selloff. In the video I look through the key levels I am watching on major Indexes, US bonds and the USD. Thanks for watching and please take some time to check out the website in my profile.
Traders, VIX (The Volatility Indicator) Has reached an important level and has started to show signs of little reversal. This is not much as of now but because an M FCP Pattern is completed at this level and this cam also lead to the start of formation of bigger W pattern, the volatility can rise again. This is something to watch out for. Markets can be very...
Hi during my analysis of DJI I have seen multiple indicators to lead me to my conclusion that the market will continue in a downward direction. First off is there was a trading gap at the 15k level that has never been addressed and will eventually be filled. There is never a time frame but taking into consideration that the market is making bearish moves downward...
In this video I break down my stock watchlist for the week and give you guys a technical analysis of the current market conditions. If you enjoyed the. video, please remember to like and follow :) Please note that this is not financial advice. Good Luck! My Watchlist: www.tradingview.com
In this video I break down my technical analysis and forecast on the stock market as well as share with you guys my watchlist of potential swings for this week. If you found this helpful, please be sure to leave a like and follow :) also please note that this is not financial advice. Good Luck! My Watchlist www.tradingview.com
Traders & Investors, SnP500 is standing at a critical level and is hanging by a thread. If this trend line is broken, there will be a danger of overall longer term wedge pattern to be broken too. 200 SMA is well below nearly 8% below the current levels. So watch out for stocks such as Google, Netflix, Facebook, Apple and Amazon for weakness in individual stocks....
Seeing the Daily Timeframe on NAS100 (and the same on US30), because of the steep angle of this COVID recovery in the market from 03/20/20 til now, the 60° trend seems very steep and unsustainable long-term. I think that the next pullback of NAS100 (and US30/SPX500) to their respective 50 EMA's on the Daily Timeframe could signal a steep market reversal and...
Corona the Pandemic, The Recession of 2021. There too many factor playing out and 2021 the Q3-4. Printing more and more money to stabilize market. Wont last. Too much devaluation of dollar would risk more to the ecnonomy. Money would become worthless and it will never be a hyperinflation again. Dollar is already hovering around lows but still building upwards. As...
Way overbought. approach with caution. use stop loss. should test . 100 ma and 200 ma september and october. swing trader material. could get a BIG CORRECTION. like love and comment. if you dont agree thats fine leave your bullish stance. thanks and enjoy this is not financial advise but educational.
The chart shows the number of stocks above their 200 dma versus the Nasdaq Composite index and you could see the very negative divergence growing wider and wider. Big tech is hiding the extreme bearish market underneath the surface. This is coming to a point of a very fast sharp crash. If you look at the QQQ ETF you will notice that AAPL is over 11% of the QQQ...
The biggest market crash in history is coming very soon! If you cant see this and see that the market is in a massive bubble propped up by stimulus money that will soon be stopped then you shouldn't be trading. I can see new lockdowns coming this winter which will see businesses close down again, many of them wont re open and will go bust which will mean thousands...
Good day guys! My team and I have been milking Gold all week with 200+ pips trading live Tuesday, Wednesday & Thursday. However, I am simply updating you all on the overall move and that is downward. As price action demonstrates to break the previous high this week, you notice there is bearish divergence present within the RSI. With the relative strength index...
SPY on 1 Month. In the last 12 Years we have seen 8+ Corrections Occur after a Doji Candle has formed on the One Month Chart. According to Investopedia "A doji candlestick forms when a security's open and close are virtually equal for the given time period and generally signals a reversal pattern for technical analysts." I have pin pointed 12 moments in the past...
I am bullish long term but wouldn't be surprised if we had a correction that rivals 2020, 2008, & 2000. Looks like a megaphone pattern. Currently, I am sitting about 50% cash, ready to deploy on the correction. If you disagree then ask yourself why big players like Warren Buffett or Dr. Burry are selling large positions or in Michael Burry's situation, putting a...
BABA is bouncing hard in the weekly chart, time to lo for a target price of 310. Market was expecting a more severe action to BABA, fine looks small compared to the annual revenues. Target Price: 310 Expected Returns: 30%
Price is bouncing from a long term trendline that has been tested several times in the past Target price: 215 Expected Returns: 90%