Increasing desperation in Calls as the TSLA P/C heads to lows.
Share Volume is being driven by the same group of De-Gens as
Gamblers eyeballing the 900s.
Institutions eyeing the 629 - 658s.
A compelling SELL in our opinion.
Same game, different day.
AMC reports today, the RTY should be smoke house on the Pump
into $14 Popcorn.
A tale of...
I want to apologize for my lack of activity the past few months. A lot has changed in the markets and a lot has evolved in my approach to reading and navigating the markets. When it comes to my process, I have added the use of multiple lenses beginning first with a fundamental macro overlay called the GIP (Growth, Inflation, Policy) Quad Model, which give us 4...
Let's think about this. The Australian Dollar is considered a risk-on asset who has high trade tensions with its biggest trade partner. Risk-on Equities are falling, so why shouldn't the AUD fall too. Well, the market is short-sightedly buying over the good CPI numbers which are front-loaded. I expect to see the AUD fall more in line with other risk assets. Of...
AMEX:XLF has seen some channel trading from 2018 too early this year. Finding its range peak in February of 2020 it crashed hard and has been working it's way up since. In red and green (A-D) are the main support and resistance levels and I have noted on the MAC-D where price has reversed, and also accounted for some major financial events such as the Chinese...
✅ The optimistic numbers have proved that the world’s second largest economy is steadily recovering from the virus slump. Notably, the pair has already been falling for the 6th week in a row, therefore the report has just added tailwinds to the yuan.
Moreover, the massive sell-off of the USD pushed the pair to the downside as well 📉.
📌 It’s impossible to ignore...
It seems as if something fundamentally changed in 2018, beginning a multi-year period of volatility.
From a WashPost article about the period: "DEC. 4, 2018
Markets tumbled after Trump tweeted “I am a Tariff Man” and the Trump administration backed off earlier claims of a trade-war truce with China."...
Relationships between the U.S and China have been deteriorating at a really fast pace since the begging of the Trade War between both countries back in 2018, where hundreds of billions of dollars in taxes over nationals goods, were exchanged. Despite the escalation of tensions, Trump's primary goal was to try to please the agricultural sector, since the farmer's...
Rapidly escalating trade war tensions between US and China and concerns on a potential second wave of covid-19 continue to linger. President Putin faces many challenges domestically, and his policies could ultimately impact the direction on the ruble.
Trouble at home
Russia is struggling to contain covid-19 at home and is on track to remain top 3 in...
Technically it's possible. Very very critical weekend. If it breaks..
Reversal H&S target is 39.7
- Corona virus
- Middle east is burning ( Turkey & Russia)
- Trade wars. ( )
See you in 39.7, other targets are on chart.
The rally from wave c of Y low on 16th Jan 2020 has been unfolding as a double zigzag corrective wave. Corrective structure moves in the opposite direction of the major trend, that's once the wave y of X is completed, the bearish trend should resume.
I'm anticipating the correction to complete at the daily resistance zone that lined up with the moving average.