Greetins TradingView! This is my projection for NAS100 Index from close of market today all the way into Tuesday next week. Description: It's been stop hunting once already today, now I think NAS has finally found support 8676 - 8727 , with a little bit of a secondary support under 8590 - 8506 . With all the news flooding in, Trump giving all-clear to...
Hey everybody, hope you guys are all doing well :) Chart of the Day: GBP/USD Bias: (Bullish) - Price action created a strong impulsive move to the upside (Solid Line). We waited for the price to return to our level of interest to look for opportunities to buy. Please don't forget to leave your thoughts and comments and if you benefited in any way from this post...
XAUUSD FINALLY TOUCH THE MONTHLY SUPPLY AREA SO I AM EXPECTING A VERY LONG TERM SELL , BUT FOR NOW WE CAN SEE A REVERSE MOVE FROM THE CURRENT LEVEL AS WE KNOW ABOUT GOLD IS IN VERY BULLISH TREND FROM LONG TIME AND IT WILL TAKE TIME TO REVERSE THAT LONG TERM TREND
Inspired by the analysis of @pkcap, all mistakes are my own Chart shows the relationship between the NAS100 index (futures) and unemployment. Note the pop in unemployment due to covid lock down. Will the index fall? Can it be propped up by the Fed until elections?
Today 4/14 DXY broke through the support level of 99.19 which was created 4/1/20. With the current trend of news and shut down of the economy I believe that the DXY will DROP to 97.88. Confirmations: on the daily outlook DXY is at .50 at FIBS levels and is likely to retrace to .382 which will be 97.88. The bottom floor is 94.64. MA 150 (black) is hanging...
Today 4/14 DXY broke through the support level of 99.19 which was created 4/1/20. With the current trend of news and shut down of the economy I believe that the DXY will DROP to 97.88. Confirmations: on the daily outlook DXY is at .50 at FIBS levels and is likely to retrace to .382 which will be 97.88. The bottom floor is 94.64. MA 150 (black) is hanging...
Our double bottom set up from last week provided us with over a 20% gain in a few hours if you did close positions at the resistance zone. On the 4 hour chart, we have been talking about a potential head and shoulders pattern. Price creating our first higher low in a new uptrend but requires a break and close above 29.00 to trigger this. So far, we have been...
Price to retrace, fundamentally trump follows market and will tweet / do something about it technically 200 day moving average is there Then big drop will happen to 2820 - 2860 area
Hi Guys, long time since the last time. I hope you are all well and fine. Let's dive into it! March 23 - FED announced it would buy bonds in unlimited numbers and backstop direct loans to companies, the latest in a series of policy steps taken over the past 10 days to calm markets and support the economy. (www.reuters.com) SPX bounced at 2200 (red dotted line)...
trump declared : do not fucking buy the dip
Gold is not a safe haven, it’s a hedge from fiat currency. Portfolio allocation needs to match your personal risk-spectrum. A common misconception is that people look to gold in times of uncertainty. Gold is not a safe haven, it’s a hedge from fiat currency. A good example is comparing the price of gold to the S&P500 in 2008. Theoretically if gold was an...
Trying to make sense of the global financial ecosystem been tuff over the last 45 days. The question of the global economies being in simultaneous recession is well agreed by across the board. The goal of this piece is to make sense of this historic impulsive move by the Federal Reserve in the last 45 days. Printing money is digging the whole deeper in an over...
Some big moves are coming as we approach halving, check out this technical analysis drawn out on the 4 hr. Entry: $.1867 TP: $.221 Stop-Loss: $.17904 | DOTCOMJACK | Easy Loot Trading This is not financial advice, Please do your own research prior to investing.
Market has high expectations for OPEC+++ The stand-out event today is undoubtedly the OPEC+++ meeting, where producers will attempt to find agreement on output that addresses the collapse in demand and crude prices. No one is winning in this environment but, as ever, each are losing to different degrees and have a different ideas on how it should be resolved....
After trying to break the support and forming a M pattern, EUR/USD might enter in an uptrend.