Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Due to popular demand, I've taken my first look at NYSE:NIO . Predicting the next move has proven difficult in this particular setting. In the following, I will list all the bullish and bearish factors I have seen in the chart. I will not consider fundamentals. Bullish : The thick ascending trend line looks like it will hold, especially that we are in a...
This is just a quick look at the USDTRY pair. I'm evaluating the recent recovery of the Turkish Lira versus the dollar from about 8.5 TL per dollar to 7.3 TL. In my estimation, this recovery has not shown enough strength to continue. We can see that as soon as it touched the bottom of the drawn curve, RSI has reached the bottom of its parallel channel. That's as...
This is just a quick notice of a possible bullish momentum on ETHBTC . The move is not confirmed yet. Notice how the circled pattern repeated before. The first time it occurred in a bear market. This time it's occurring in a bull market. And as much as I would hate to see Ethereum steal some of the market cap of Bitcoin, this is merely a trade. In my opinion,...
Agnico Eagle Mines ( NYSE:AEM ) is the gold mining company that I picked as a long-term investment over many other miners such as Equinox and Barrick Gold. I picked it based on which countries have USD Swap Lines , an idea explained by Katusa Research in one of his videos on YouTube. I will explain it briefly here. A USD swap line is an open channel between the...
Today I decided to zoom out and look at the big picture. I was looking at the monthly chart of NASDAQ:TSLA . I noticed that the current month is a green 8 on the TD sell setup, which means that next month is going to be the reversal signal. I imagine the candle of February to be red or a bearish pin bar (shooting star). Before I dive into the analysis, I want to...
Bitcoin ( BITSTAMP:BTCUSD ) has been one of the trickiest assets to forecast, until institutions hopped on, and now it's THE trickiest asset to forecast. So I will give my take on it and the factors I'm considering for my mid to long term analysis. I also give a short-term forecast. But since that can change very quickly, keep following this idea for updates. I...
I believe that on this week, the US stock market will open below its close of last Friday. I will list the signals that lead me to this prediction: As you can see, I'm analyzing the DXY chart. DXY has an inverse relation with the US stock market. Whenever, DXY rises, TVC:SPX drops. In the chart, we see a TD buy setup defined by the red 9 candle, a...
TSLA has reached the target we set last week, but that's not all. There are many factors that suggest we should not exit our longs, at least not completely. But before I list those factors, let me first clarify that I'm talking about leveraged longs, not stock. If you own shares in Tesla, then I would not advise selling them, even if the stock price went down 50%....
I called for shorting the Euro in June 2020 when it was at $1.13. Right now it's at $1.22, and I see a few signs of reversal in the EUR vs USD chart. The most prominent is the RSI divergence between the two recent tops. You can see the similarity with the two tops in the second half of 2017. However, this is not yet a call to short. We need to see more signs and a...
EURONEXT:BN is showing signs that it has already bottomed out and on its way up. We have a relatively safe trade here. RSI divergence suggests a reversal of trend. It suggests that the low of 29 October 2020 at €46 is the lowest Danone will reach in the short- to mid-term (few months). An ascending triangle is showing upward momentum. This suggests a...
NYSE:LMND is the new and promising tech company in the insurance market. It's beyond promising; it's already a product with proven scalability and disruptive features to the aging insurance business model. Lemonade follows a creative insurance model. To understand this, consider the conventional insurance business model where companies are incentivized to NOT...
NYSE:CRK is showing signs of a new momentum upwards. On the weekly, we see higher and higher lows of RSI since May 2019. On the daily, we see a green 2 above a green 1 on the TI Sequential indicator. Six major reversals since June 2015. Judging from the timing of previous swings, I suspect this swing will take 43 days and reach a high of $7. That's 48% gain....
If you look at the S&P500 index ( TVC:SPX ) chart, you find that it has reached, and even surpassed, the previous high at 3393.5 which occurred just before the CV19 drop in March 2020. The last close on 31 December 2020 was at 3760. However, many attribute the recent V-shaped recovery to the Quantitative Easing scheme by the Federal Reserve, which makes a lot of...
After one of the most unexpected years, I thought I should take a step back and look at macroeconomics a little bit, at one specific chart that I've been watching. That is the German Government 10-Year Bond Yield (DE10Y). I've been anticipating a signal in that chart that will indicate massive shift in global market trends and will bring us closer to the next...
There is no doubt about the value of Tesla as a company. The proven value they provide is obvious: reducing EV manufacturing cost, making the best energy storage, launching self-driving, Tesla insurance, and more to come. However, regardless of fundamentals, this is a technical analysis that only considers the chart. That is generally my style. Today's green...
Today's impressive AMZN daily candle signals a breakout of a 4-month long triangle. Measuring the height of the triangle at its basis gives a target of $3886, that's 18% profit. Taking the stop loss a bit below the previous swing low at $3050 gives us a clean trade of 2:5 risk-reward ratio. The day hasn't closed yet but let's hope the green candle stays solid....
AAPL has confirmed a bullish trend on 1 Dec 2020 through three signals: 1. Breaking the downard arch (in red) starting on 2 Sep 2020. 2. printing a green 2 above a green 1 on the TD sequential indicator. 3. Launching off of the bottom of the blue channel. 4. The two arches (red and green) act like a triangle which was also broken upwards. To me, this is a very...
I'm not a fan of the question mark in the title thing, but I really don't know much about Intel's fundamentals to judge such a long term move. What I see here is big RSI divergence between the tops of June 2018 and Jan 2020. And I see a descending 'arch' triangle, more visible on the weekly. It will only take one or two months to see if this triangle holds. Then,...