When this ratio hits 55 its the biggest signal the semiconductor equities are overbought and expensive vs copper. So sell semiconductor etf (SMH) and get long copper futures for a ratio target of 25x
I expect next 2-3 months pullack in Spanish Overall Index: IBEX 35 Short 11.300 with target 10.400 to close shorts. Regards,
Target 12 As you can see, SQQQ RSI (9) never has been so low in this time frame ....8 Market is ultraoverbought and I expect a huge reversal. Regards,
In my humble opinion market has reached a structural top late march 2024. Wait for better opportunities to go swing long in the next "A" corrective wave with target 15.000-15.500 Keep outside Nasdaq or in each pump stablish a short strategy for next months. Regards,
In my opinion with no cut rates for 2024, stock markets should drop 10-15% from current levels. So the best play will be long SDS. Regards,
Hello, Gap to be filled in the SP500 at 3,585, Then a Ziz Zag ending diagonal to 3,400...and potential 3,200, But lets work on the scenario at 3,400
Company completly expensive by multiples EV/EBIT - P/E and revenues will fall so do EPS. In my opinion must drop 40% next three months
Bearish Cypher in BBVA Also I expect deterioration in emerging markets + non performing loans will increase in its balance sheet. Sell and short. Potential short to 4,70 then sub 3,80 for eoy.
Stay tuned for a big potential drop to 50-75 USD In my humble opinion sales will drop hard next two quarters.
The idea is long VVIX vs VIX in this relative pair trade, Expecting a big spike in short term implied volatility. This will mean SP500 to test 3,400-3,300 level range. Ratio target 5.00
Hello After 25% drop from highs in the DAX A big hammer appeared today in daily. First target 12,400 -then 12,700-13,100 Good time to cover shorts and begin loading long positions. Other option is long EWG (ETF)
Hello Trading Viewers, This is one hiddem gem: SONDER. INC ( SOND) quoting in Nasdaq. Is maybe the best company related to operating serviced and tourist apartments in the world. They are doing an excellent job finding great locations in Europe and US to operate its ultradigital model. My recommendation is to accumulate in this range of 1,30-1,40 and hold this...
A-B and then C coming. Due to higher inflation than expected, Higher risk os escalation in Ukraine-Russia with another nations and big overbought market in the short term Good opportunity to load shorts
US Curve is pricing some kind of slowdown (specially due to higher inflation than expected) As you can see the 10yrs US yields- 3yrs and close to 0.00% Due i expect more escalation of Russian War, not just against Ukraine, also against Moldova and Georgia. The conflict will continue for many months causing a potential global recession. Central banks may have...
Still one bearish harmonic leg in EURCHF imho, we will retest roughly last days lows. Stay tuned for a 1,00-1,005
XLP bearish till 66 Pitchfork headed to new bearish downleg. Stay tuned for further sellers Inflation higher than expected and global trade slowdown due to secondary sanctions will cooloff this ETF
Think about Visa, retesting big fibonacci at 160 Global trade can be severe damaged.