JDS_6ix

JDS_6ix

AMEX:SPY surpassing 385 resistance will provide support along with 50/200 SMA crossing. It's consolidating against the next 391 resistance, triple bouncing the support trend line. If it can sustain 385 support this week, I'm staying long until December Santa rally.

JDS_6ix

Historically, yield curve inversion had always predicated a future recession. Normally, both FRED:T10Y2Y and T10Y3M require inversions and T10Y3M is yet to invert. Historically, in the event both yield curves invert, the recession came in a delayed phase of 7-24 months from the curves invert. What this means for the market is, at least in the short- to...

JDS_6ix

Recently Global Markets had experience some unprecedented fluctuations amid pandemic-endemic transition in a growing geopolitical conflicts between Russia-Ukraine, sending NASDAQ:QQQ slightly to bearish market earlier in March 2022. Later in the month, the trend reversed, breaking 200MA resistance. We anticipate the market will remain volatile for the coming...

JDS_6ix

Anticipating a SP:SPX / AMEX:SPY bearish entry for the next few weeks. Speculative over-purchase on the Trade Talks optimism, surpassing Q2 resistance line weeks back, now should revert back to norm. Assuming the buyback blackouts, earning surprises, and trade talks headlines for the next few weeks aren't as positive as the long investors had hoped, there...

JDS_6ix Updated 

For the past couple weeks, essentially every media channels were screaming out about TVC:US03MY - TVC:TNX yield inversion. While more scrutiny is desired, we are essentially sitting at the crossroad with heavy down-pressure in our shoulder. Just took a step back and looked at the big forest winding all the back to the 1980s. Let's take a look and see what's...