We've seen a 5 wave completion on Gold, marking the end of this current uptrend. This will now be followed by a 3 wave corrective structure (A,B,C). This correction should push Gold prices towards mid 1900's, where you could possibly look at new buy positions if market structure offers the opportunity. The next zones followed by that would be 1840 & 1760📉
I feel bad when I am filling up your feed with my non-stop posting. There are too many charts that I want to talk about. I could post them as "updates" to my earlier ideas. But this would be confusing for me and for the reader. Therefore, here is another short chart analysis. The last few months were peculiar. DJI began diverging away from the other main...
as you see treasury bond main trend line break. now price in a range channel. i think us10y traders predict interest rate will be reduce. what you think?
good eve' --- don't think i've ever shared my bull macro dxy outlook, so here it is. --- won't give you any reasoning behind this theory as i am not a fundamentalist or anything - just a data scientist who makes predictions using the stars. --- i'm theorizing that the us dollar hits 131 (at the minimum) by 2028. this will be devastating for the global markets. ✌
gm, called the top on the us10y last year as well. (view post at the bottom of this thread). swinging by to actually adjust my public bias, after a few recent discoveries. --- jerome powell explicitly mentioned in a few of the recent talks that the fed is going to raise the interest rates above 5%, and keep them there for some time. what this tells me, is...
gm, i called both the bottom in 2021, and the top last year on the dxy (view posts at the bottom of this thread). very few people heard my voice - swinging by into the public communities to share this very general post today. --- dxy came down in 5 waves from my upside target, seemingly. possible w5 isn't in yet as it could see a slight extension - also...
USD/JPY reverses ahead of the March low (129.65) to bounce along the 50-Day SMA (133.24), while the 10-Year US Treasury yield rises for the third consecutive day after registering a fresh yearly low (3.25%) earlier this month. Recent developments in the correlation coefficient point to a further decoupling as the indicator reflects a negative slope and sits at a...
US10Y yield is in completion of C of wave (4), expect to see a strong run up to 6% zone in wave (5) of circle 3 by end of this year.
I like to follow the course of 'risk appetite' but there are many definitions of sentiment from the perception of confidence in a particular asset up to an assessment of the entire financial system as a whole. I like the top down approach in this case as much of what happens in individual assets on a regular basis roles up to an industry/region/asset class or the...
As the famous billionaire said in December 2021 (elon), the "prophet" who is apparently loved and trusted by everyone. I don't know why... Disclaimer, SPX by itself will probably not follow this path, things are quite complex as you will soon find out. First of all, Recession is not something simple. Everyone talks about it, but it is not always meaningful. This...
The market has chosen a way to profit throughout all these years. This is the end of this way, QE lead us here... in this dead end. Equities was the "gold" of the time that passed. Now this is changing... If you read until the end of this idea, you will realize that a lot is changing. I will briefly analyze this chart and what it tells us. This is the ratio of...
I posted this analysis last week & since then, buyers have failed to take control again. Is it possible we could see a 3 sub-wave correction towards the $1900 zone again? As long as price remains below this order block & rejects the $2,000 barrier, I believe we can see another move down, which will form an A,B,C correction.
The US10Y is trading inside a Channel Down on the 1D timeframe with the 1D technicals neutral (RSI = 46.172, MACD = -0.046, ADX = 31.478). With the 1D RSI coming off an accumulation that we've seen on the December and January bottoms, we expect the price to rise and approach at least the 0.618 Fibonacci. Our TP = 3.750. ## If you like our free content follow...
Just a short update for today. It is important, so it deserves an idea on its own. For the first time since 2019, the FED is now officially giving money into the system. What could this mean for the US economy? Are they sensing weakness or is this just a response to the recent banking crises? Now let's look at the history of bailouts. Price made a...
It might appear on daily and shorter time frames that US10Y has broken the trend, dating back to 2020. Weekly at key support level. it will save the regionals (yield dives due to massive QE, HTM portfolio's MTM improves) or will destroy them (KRE).
The S&P500 recently has been negatively correlated with bond yields. The while line is the US10Y. This has been inside a Channel Down and is near its bottom. Based on their negative correlation that will push the S&P500 lower. The time that both the S&P500 and the US10Y rose simultaneously was after August 1st and we can seriously argue that there are...
Gold has overextended to the upside very rapidly and left enormous imbalance in price around the $1760 - $1790 region. If price fails to break above the ATH of $2074 by month end, I believe there is a chance that price will retrace back towards the $1800 mark.
It's pretty much all about Fibonacci today - the market has recent peaked at around 4.24 and is in the process of eroding a key convergence of support at 3.25/3.32 (lows since January, the 55-week ma and the 2018 high). These are looking vulnerable and failure will imply a deeper corrective move lower towards 3.00 and potentially 2.80ish - the 38.2% retracement of...