Stellar Lumens LSE:XLM Shared originally elsewhere and forgot to post here. Since then we had this 16% drop as expected. This sort of scenario would not surprise me and would be a great opportunity buy off of some strong support. That being said an entry on the 200 day SMA could be considered but its clear to me where the ideal buy zone is. Long term spot...
Optimus AI - LSE:OPTI - DSS Bressert high cross suggests potential decline before a move higher - Could be 11-15 days of downward/sideways price action as per pattern on chart - An ideal new entry for me would be between 0.117 and 0.113 with…the a higher low established @ 0.095 being a stop loss point - This offers a nice Risk/Reward...
Federal Reserve Balance Sheet Snapshot - Between the 11 - 18th Sept 2023 we had the Largest one week decline of approx. $74.7 billion since the balance sheet reduction started in April 2022 - We are currently approx. $50 billion away from a 1 trillion reduction 👀 We are in for an interesting Quarter end to the 2023 year, that is to say the least....
ADA/BTC Weekly Chart #ADA A chart worth keeping an eye on #CardanoADA - RSI Oversold for 2nd time ever - Break out of bearish channel (Pending) - Break above 50 SMA with turn up (Pending) - Zones are rough guides. - 115 weeks is a time guide as this was the last timeframe from top to the bottom before bull market started. We are only at week 83. You...
Macro Monday 13 ISM Purchasing Managers Index The ISM Purchasers Managers Index (PMI) measures month over month change in economic activity within the manufacturing sector. The PMI is a survey-based indicator that is compiled and released each month by the Institute for Supply Management (ISM). The survey is sent to senior executives at more than 400...
Sprott Physical Uranium Trust - $SRUFF Chart Really Speaks for itself A nice ascending triangle with ideal entry opportunities for the patient. Will follow up if we trigger and ideal entry PUKA
I just wanted to share this very quick chart I am finding that we are at that part of the BTC cycle when people make mistakes, get impatient, give up, loss interest or feel like the cause is lost. Its so important to realize and take advantage of these quiet periods and outline clear zones of interest. When I find the patience and hope in me fading ill make a...
MACRO MONDAY 10 – Historical Interest Rate hike Impact on S&P500 This chart aims to illustrate the relationship between the Federal Reserve’s Interest rate hike policy and the S&P500’s price movements. At a glance the chart highlights the lagging effects of the Federal Reserves Interest Rate hikes on the S&P500 (the “Market”). In all four of the interest rate...
Citibank Opportunity - NYSE:C Company Market Cap: $82.2 billion Share Price Today: $42.68 Dividend: 0.53c per quarter (Annual Dividend of c.$2.06) Annual Dividend Yield: 4.82% Next Earnings Report: Friday 13th October 2023 Citibank (Citigroup) is the 20th largest bank in the world & a member of Global Systemically Important Financial Institutions...
MACRO MONDAY 12 A Positive MOVE Index - TVC:MOVE The U.S. Bond Market Option Volatility Estimate Index – the “MOVE” is similar to the VIX volatility index that lets us know when volatility/uncertainty is high or low in the stock market by monitoring options contracts. Instead the MOVE measures how much investors expect bonds prices to fluctuate in the future....
Uranium ETF (URA) is firing on multiple indicators today after news of House committee approving bill to ban Russian uranium imports - MACD Cross on weekly chart - OBV continues upwards trajectory - Pennant forming above 200 week SMA - 0.618 fib level is $45 (100%+ opportunity
An updated chart for Chainlink I did not think we would be in this box for this long. As noted on the chart, I am waiting for a breakout of the box. You could enter a long term trade and put your stop loss under the box. Ill be waiting though PUKA
MACRO MONDAY 11 Continued Jobless Claims ECONOMICS:USCJC Continued Jobless Claims are the continued unemployment benefits claimed by workers who made their first “Initial claim” and remained unemployed in the weeks that followed. In other words, Initial Jobless Claims account for only the people that claimed their first week of unemployment benefit whilst...
The ETH/EURO Chart is holding at an interesting level - 200 Week SMA holding - POC holding also An ascending triangle or cliff edge? What do you think?
MACRO MONDAY 9 Initial Jobless Claims Historical Analysis and Important upcoming levels Initial claims are new jobless claims filed by U.S. workers seeking unemployment compensation, included in the unemployment insurance weekly claims report. "Initial claims" refers to the government report on the number of workers applying for unemployment benefits for...
Nickle Commodity Index DJ:DJCIIK Monthly Chart - Long Term Support Line (holding) - DSS Bressert Cross ideal (TBC) - On DSS cross confirmation you could enter a trade or enter at current price & place a tight stop under the Long Term Support line to protect your position.
Hi Folks We have to try an remember how crazy history has been in order to try and project an expectation of the future. Not a prediction, just a this could happen as its happened before. Megaphones love volatility. Puka
Just an observation Not a prediction You have to admit, that 200 day & FWB:25K support looks appealing for a trade (with a stop well under it). PUKA