This time everybody will blame the poor Silicon Valley Bank for the collapse of the world's economy. The talking heads on TV will host discussion panels where "experts" will desperately try to explain what's happening. Nassim Taleb will reemerge once again, talking worthless "black swans". All of that accompanied by the deep see of red on the stock market ticker...
This time everybody will blame the poor Silicone Valley Bank for the collapse of the world's economy. The talking heads on TV will host discussion panels where "experts" will desperately try to explain what's happening. Nassim Taleb will reemerge once again, talking worthless "black swans". All of that accompanied by the deep see of red on the stock market ticker...
4300 will be reached in wave E of the correction. A wave of new ATH's will sweep across Europe too. At the same time EURJPY will get to ~150 and GBPJPY should test 170. At the end of wave E everyone will completely abandon their fears over the future of the world's economy. The sun will always shine.
The bull market continues, the 200 level has been successful reached and no reversal has happened thereafter. It means that the uptrend will continue and will test 260 next.
SPX can hit 4400. The last week drop in VIX to 18 was unconvincing. We need more, and more will be delivered over the next few days. Those are the last days of the bull market, so some fireworks across all departments (Stocks, Treasuries and FX) should be expected.
Some very big price swings are going to happen in TSLA.
The downtrend is broken, green wave A is completed. In wave B we'll definitely see 30k, very likely 36k.
The overwhelming majority of 1-3-5 structures exhibit the time property where the market spends less time between 3-5 compared to 1-3. The ratio between the two usually lies between 0.382 and 0.786. This gives us a very good indication that 2023 will indeed by the pivotal year for the Treasuries. It is my firm belief that the sell-off in Treasuries will reach a...
A new minor high is due in the next couple of weeks. The Russian market will be lifted by the last bullish wave worldwide. Then the downtrend will resume. 7 months to form 1-2-1-2, means at least another 7 months to hit the low. It's not about Russia: the crash will be a worldwide affair. It will be destructive, will take its time to make the markets suffer, and...
A ~10% uptick is still due in all major indices. Similar structures in SPX, NASDAQ, RTSI. In the FX world, EURUSD at 1.12...1.14 is back on the table, and this range will be hit at the same time as stocks reach their cycle high. The funny thing is -- USDJPY is also ripe for a correction to ~136..137, which means that a new (and final) multi-year high in EURJPY...
One last swing high, somewhere next week. The present advance is the last one before the crash.
expect SPX to hit ~4300. Structurally, this should be the last upswing before the crash.
The gap must be closed and the channel like to get filled entirely.
At least 4080 should be hit. Very weak level - likely will be taken out to reach a new local high above 4100.
I think we are tracing a correction to the first initial wave of selloff following a multi-year top in October.
Is there anyone else in the world forecasting this?
People seriously have no idea about what's going to happen next.
A roughly 20-to-1 return still holds in USDCAD, assuming SL at 1.34