No doubt everyone has heard a variation of the phrase: “Sell in May, return another day.” In Wikipedia it is written: “Sell in May and go away is an investment strategy for stocks based on a theory (sometimes known as the Halloween indicator) that the period from November to April inclusive has significantly stronger stock market growth on average than the...
With some fun gaps to fill on the way down. See you in late October.
Nifty fell like a hot knife going through butter slab reacting to Iran Israel news. There was some respite today as Nifty has takena support at 21777 and bounced back to close the week at 22147 staging a remarkable recovery. 21777 will remain a critical support to watch for reminder of the month. In case this support is not held further supports will be only...
According to this Elliott Wave Count, Brazils Ibovespa is headed towards its most trendy and impulsive phase...
SPX This week SPX collapsed out of the long term pitchfork and news of more war appears to have triggered this bearish reaction. I think this will make a 0.382 retracement as a minimum now an could even be much more 🤨. Not advice
I've seen a lot of people bearish on AI stocks hate a lot on things like ChatGPT or AI image tools. I think they're awesome. But is the AI rally setting up a rug pull? Let's look at the evidence to suggest there might be. In this post I'm going to cover lots of the rug pull setups pending over the markets. Note: These are patterns that are expected to create...
1w and 1Month returns have already turned Red like the three weekly candles. Next week we will have the 3 Month returns turn red and .... Rate Cuts are out of the horizon...so why invest!!
Nifty opens gap down almost -150 points but into second half bulls were back into the market and made days high that is 22179. (which means nifty recover 150 points from bottom and another rally of 150 points which means total nifty recovered by 300 points). Nifty has formed a big green body candle with long lower shadow and upper shadow, which indicates buyer...
As can be seen in the snapshot. It is clear that UCYMA indicator is working accurately with XU100. Albeit it's components look very simple, simplicity is the key. It uses several filters of Moving Averages depending on Linear Regression, Kaufman Adaptive's and Hull concept. This is a Long-Only, spot, stock swing trade indicator and you're witnessing it's Long...
I had my overall analysis from last week, I had the direction on where the price is heading to. The market had already made a second touch on our major key point(Daily Support level) that we predicted that price is going to react on, I then had to wait and see how price will playout on current resistance level, I used the 15minutes to get another resistance level...
from what im seeing and this could be a bullish pattern to the highs of this recent high or at least 50 percent
Chart explains itself overall honestly, as price is follow an uptrend structure on the higher timeframe, making higher highs & lows. Price was due for a correction, & that may be coming to an end soon, as price is approaching the previous all time highs in January of 2022, to form a new higher low & retest previous resigtance as new support, where buyers may enter...
SP:SPX bigger picture - no bear case until you have a few closes below 4400. Instead of trying to time the top - it will be obvious once the trend has changed - plenty of time to join then. For now - trend is still up in the bigger picture - UNTIL you get a few closes under 4400 and below this long term wedge. There is the potential to just melt up into new...
stock index correlection:taiex vs spx ndx dji dji sideways, spx ndx downwards spx more close to taiex
The Markets are moving money into buying Puts and this signals Fear. This is what war does I suppose and is the logical scenario that we would anticipate. Put Options are being bought as market participants anticpate lower prices on the Indices overall in the Short term at least here. We gapped up to a Daily level on the Vix where we consequently observed a...
It was reported overnight that Israel launched a retaliatory strike on the Iranian city of Isfahan. For now, it appears that Iranian media are downplaying the size of the attack, and reassured that nuclear facilities have not been affected. The news has had ramifications for different asset classes already, although the initial impact has partly been unwound in...
Nasdaq keeps pushing bearish as the stock indices struggle to deal with rising tensions and conflict in the middle east. The Monthly/Weekly timeframes .. everything is bearish. As we head into the close of the week I'm anticpating a further push bearish. The previous 4hr candle closed a shooting star candle.. this coincided with the 1hr timeframe rejecting a 1hr...