Gold. Whether it is forming a reversal or continuous “wedge pattern”.?. “time/cycle/speed” will tell..
Dollar index next major support Is 102.80 +/-. A confluence zone of 1) Trendline 2) Demand Zone. So.. probably some “deep pullback” from SPX and gold.
Tesla’s stock price have broken 135 +/- major support. The next stop probably will be 64 +/-..
Gold have “evolved” from cup to spoon & handle pattern or “famous” VCP pattern or “triangle pattern”..
Tesla. How to “estimate” roughly its Cycle ( the x- factor of any charts) with sine line and Fibonacci levels as shown on chart. Beside ( the y-factor) the price geometric of any charts with elliottwave theories.
US dollar. The “power house “ of current capitalists..The “slaughterhouse” of Most commodities/ equities market” especially emerging countries’s market etc..What its next moves? It’s probably “hitting” its target @ 114.778..And built its multi months supply Zone @ 110 +/-.. That meant = Equities market + Gold/Silver probably “relieved” from further drawdown for...
So we have "valid trendline" resistance setup trade? After (hawkish) comment from FED?..The whole world is "watching" Fake "trendline" breakout?! ( so who is going to "lose money?")..Not all trendlines/shapes/form was "created" "equally" we got to check "the now" speed / z -factor" whether "the connected dot/ lines/ shapes" will work in " future"..
Mark Douglas : We don’t need to know what is going to happen next in order to make money = Everything happen now / at the moment ( The effects) are the (The Cause) by the past . And everything happen in (the future) are ( the cause) by now/ at this moment..So focus “now moment”..As traders need to “update” his/her “trading ideas” very often..
Purely personal opinion. If you earned it’s due to your good insight/ you have money to invest. If you Lost is none of my business.
For Studies Purpose ONLY. Malaysian have just voted and celebrated for their new government with its stock index surging >5%..BUT it probably need “some time” to “reformatting” the “bad hardisk’s sector” left by previous....
For studies purpose only. Topglove possible next 1 years plus roadmaps..
DNEX probably completed its zigzag correction ABC ( Red Circled).
So! Gold and equities market went to “Eureka moment!” Yesterday night. As US latest CPI reading lower than expected. That give FED to less hawkish to do only 0.25 in Dec and “halted” after that?.. maybe not..Maybe the near “collapse” is not about “inflation/CPI”..p/s there is only abc 3 subwave inside any impulsive waves not 5 waves in written “Textbook”..
Tencent stock’s downtrend price probably stalled @ confluence zone of 1) lower support of parallel line 2)Demand Zone
Xiaomi’s share price probably found its long term base with double bottom pattern at support zone.
Supermx. “Why” its stock price having “high probability “ @ multi years “bottom”?! The “answer” lie within this “bunches of” ema crossover! BUT it’s not “a simple” so called ema’s crossover / ema’s act as support/resistance “ strategies. You got to “see/check” stock’s price “whole pic” from yearly to 1 min chart..It might take you > 10 years / 10k hours to find...
Hong Kong’s Hang Seng Index have backed to “square one”?.. As its price slightly below its 25 years level ( 2020 - 1997 ).. BUT chart tell me different stories as I trade what I see “first” then what I think “second”.. where my “thinking” possible have bias and prejudice. You probably see lot of “doom” comments from western media or “westerner educated”...
Meta / Facebook share price have dropped more than 70% ( 77.08%) Since A.T.H.. Probably another -18.49% +/- to reach 74+/-...AND probably ranging ( flat, triangle etc) for few years after after previous years of strong rally..