This debt market is exploding. Stock prices are rising while on average 800,000 individuals are claiming first time unemployment per week.
Growth has become stagnant while many retail traders are using up their free time and joining the stock rallies to make an extra buck to compensate for the lack of jobs available due to the lockdowns or the now permanently...
Beautiful AB=CD seen on the 4H chart. Will take a little bit of time, if lucky, it would hit the 'D' mark by the end of the week. If not, then we can expect 'D' marker to be hit next week.
Also below the 200 and 50 MA.
TDI is also below the 50 level, with a nice cross down about to occur.
Here you can see a nice inverse head and shoulders formation.
AUD news really knocked the ADR off balance - 100 pip move within the first 3 hours of a new daily candle open. Can the ADR hit 140, 150 by the end of the daily candle? I believe most likely not.
I expect a nice movement back where it started off originally, which will most likely be caused by the...