As you guys can see on my previous prediction, US30 index will fall free fall to 29000 and this is become true and real.
I have seen in my dream and it is like being a dejavu. Today China the major country with the supplies start to kick back their operation despite risk.
If China not settling their operation resume to normal, the price of AAPL apple and US30...
On the Equities front sentiment is starting to shift once again towards the negative side with offloading being done at the highs. After clearing Powell focus is shifting back towards the pressures on earnings from Coronavirus and spillovers, not expecting much more room to the topside in the immediate term.
we see a clear retracement of the .618 aligning with the second wave. the 3rd wave is the end of the Fibonacci extension. we know now that the waves are respected and came to an end. we are entering now the ABC pattern of the Eliott wave where we can expect some natural pullback.
price can show some downside movement and can continue up.
dow jones still on a bullish run and momentum,
looking for it to stay inside the channel , also everyone is expecting the "drop" how many have been caught out already?
dow jones job is to do well in performance, i see it respectng the channel , ive also called in my telegram group US30 to make a new high this month also.
insta - imtonythompson
Telegram - Ntec...
Price is showing potential to continue moving bearish and is currently in a potential sideways correction. Take profit and stop loss levels are marked.
Educational tip: Every trade you take is nothing more than educated 'guess' with a 50% win probability . Your job as a trader is to make sure you are educated fundamentally, technically and psychologically to the...
Clear Short, why?
1) Totally overbought D1-M1
2) No Fed rate cut
3) Worst economic outlook since 2001
4) USA - China deal? Come on :D Not
5) Gold runs up
This is typically a blow off in the market bubble before recession.
A beatiful set up,i gotta say one of the must accurate set ups are the ones on the weekly and monthly timeframe if the proper criteria lines up and this is one of them,here we got the following confirmations:
1.Price has formed a weekly triple top
2.Reached maximum history high that has been respected in the past years
3.End of a bullish 3rd structure and...
26950 area is very important as this is an all time high price that I can almost guarantee you WILL NOT be broken any time soon.
It doesn't take a genius to work out why this level will not be broken... look at the muppet you have running the country he's like a spoilt little child running around a toy store running up debt and annoying people, The US is the most...
US30USD - BEARISH - $25100 - $24400
US30USD is ready... All I am going to say...
It has finally made the real retrace that I have been looking for...
Tested the EMA on the H4 TF...
Which matched up with my volume profile line.
Also tested the last High on the M30 TF.
Now lets look for the continuation...
As you can see price broke our trend line, respected our resistance line then dropped, price is currently now at another little resistance level after making a bullish correction where we either see a break or bounce.
Our thinking is we are going to get a bounce very soon either at the resistance level we are at now or the resistance level just above, either way...