The S&P 500 could decline in the next days after the German DAX failed to hold its key 10000 point level (after the important German investor sentiment index ZEW fell sharply this week). And if US investors don't care about the chaos in Europe, there is still the possibility of increasing risk-off sentiment during the black-out period of buybacks during the...
Bitcoin bulls are getting stronger in anticipation of the fundamental very bullish Bitcoin mining reward halvening event. My price target for the halvening (which is calculated to happen in six weeks in June 2016) is between a value of 4000-5000 "CNY", so I drew a target line at a price of 4444 "CNY". Entry: long either as low as possible, or with more certainty...
We are near the peak of bullish excitement. My original idea I published as a chart 7 days ago is starting to get confirmed. Now if the Nasdaq Composite behaves somewhat similar how the S&P 500 currently does, then the Nasdaq Composite is near a short trend change, but overall the long-term uptrend is still strong. Which is why I show two scenarios: Scenario A...
No sell recommendation until the Nasdaq Composite starts to follow the idea I projected here. Scenario: Potential decline starting around late this week, early next week (July 15-19), with support around 4900 points. Entry: When this Friday, next Monday shows growing weakness and falls below 5000 points. 1. Target: 4900 points 2. Target: 4800 points...
Fed raises key rate by 0.25%. Now my forecast is that stocks are going to fall for three to four months and then rally a lot starting in the middle of 2016. Reason: We already had a big large in November and currently leading stocks like Apple are on the brink of crashing lower. Short target: Bottom is around 1858-1860 (I'm staying short, because most of the...
The S&P 500 and Apple and USOIL started to decline again. And we are entering earnings period, which also means that some companies are entering a blackout period where they cannot buy back stock. The Brexit started a furious short covering squeeze higher, but ran out of steam on July 4h in Europe with further signs of weakness on July 5th in the US. Best case for...
There are several downside risks which can drag the "S&P 500" down faster than I had wished: FED hikes in June and the market doesn't like it and sells off very fast FED doesn't hike in June and the market doesn't like it and sells off very fast UK citizens votes to leave the EU, which would create fear of the EU imploding poltically New / unresolved issues...
"Apple" is still leading the market. The "Apple" stock has double bottomed (in a ugly way) and the rest of the market is now following higher. Oil might continue the rally higher beyond 50 "US Dollar" and China might have also double bottomed. If all of this becomes true the market has gotten rid of all negative trends which so far lowered equities. If the squeeze...
The Bitcoin price has broken at the end of May 2016 out of the downtrend and is heading back into the very large uptrend (blue channel). Support is at 2800 "CNY" which is roughly around 425 USD. If the price stays in the blue channel, then the Bitcoin price could make a new all-time high in the year 2017 or 2018. P.S. I originally created this chart seven months ago:
A harmonic angle shapes the Bitcoin price trend since several years. The strong uptrend angle ends in January 2017 at 5000 "CNY". This is the corrected version. I shifted the triangle structure one bar to the right compared to my original chart which I had made six months ago:
With the upcoming halvening event of the Bitcoin blockchain and a breakout of the Bitcoin price value (also see my other chart linked below) a new bullish range can form between 475 USD to 675 USD (with more room to the upside). Target 1: 675 USD Target 2: 785 USD Target 3: 890 USD Long entry: below 500 USD Stop loss: 360 USD
First strong bearish day since March 2016 means sell (as measured with SMA 50 smoothed consecutive candles, which were bullish until today, May 17, 2016 for several weeks). And on Monday, May 16, 2016 the close prices were very telling: the "S&P 500" closed at 2066.66 and the "DOW Industrial" at 17.710.71 - as if some mega whale had fun putting in nice numbers to...
The cheap money addicted US market won't like a faster rate hike in April and might reply with a sell-off ahead of the next Fed meeting in April. Given also that the RSI value is in overbought territory at value 70 (see red alert) and the chance of a reversal is growing now that most feel confident again and complacency of bulls grows (see green consecutive SMA...
The "S&P 500" bear market seek & destroy short squeeze rally is nearing its end. We are very soon running out of fools buying the top. I see at least a decline back to 2000 points and a fast crash back to 1925 is also in the cards. The momentum of the rally is running out of steam (as shown by the "KST" indicator which measures the rate-of-change). Currently the...
Everyone is getting so excited, while my indicators are turning down. Good opportunity to short the happiness. Short entry: 2074-2086 Stop loss: 2095 1. Target: 2033 2. Target: 2015 3. Target: 1915 First negative news today: Crude Extends Losses After Bigger Than Expected Inventory Build Trumps Production Slowdown www.zerohedge.com Oil falls as Saudi oil...
If Tesla repeats the last pattern one last time the stock could go back up to a last and final peak around $260-$270 before it goes down for a long time - if it does indeed complete a trip top chart formation around March-May 2016, during the end of the Fed driven zero interest rate stock bubble.
Bitcoin is in a massive squeeze which will result in a very big move once the price breaks out. The direction is still unclear so I present two scenarios. This is scenario B: The bullish break-out. In this scenario the price keeps on moving slowly a bit lower, but then strongly reverses the direction and starts a very big rally towards the end of the year,...
Bitcoin is in a massive squeeze which will result in a very big move once the price breaks out. The direction is still unclear so I present two scenarios. This is scenario A: The bearish break-out. In this scenario the price keeps on moving even longer in a sideways move and slowly starts to decline, with a crash towards the end of 2016.