The chart on a monthly time scale has all the hallmarks of a powerful Bearish correction. The stock could collapse to $4.0 dollars.
The CAC40 index trendline has drifted against a major trendline, that would likely see a large expansion of the range with a consistent CAC40 sell-off.
The FTSE100 chart has seen a triple top pattern generating a sell-signal. Trend reversal and sell-signal has can be defined also by knowing the candlestick patterns, evening star and bearish engulfing marubuzo that has tested the Tenkan line technical level, minor support. On another technical level, the FTSE100 index has generated consistent top-out reversal...
The JPY has been for few months weakening in its exchange rates with other currencies. The most important data has been the interest rate differential between the JPY and other currencies. With the EUR/JPY chart on a wider time scale, the appreciation of the EURO has seen the breakthrough of the Fibonacci 61.8 retracement level= EUR/JPY 141.32, with the latest...
Observing the Treasuries Yield Curve in the past few weeks, the are of the Yield curve that has been constantly inverted has been the 10Y-7Y yield spread. In fact, the Treasury 7Y Yield 2.97% has been slightly higher than the Treasury 10Y yield 2.94%, a narrow three basis point, that observing the yield curve has been much wider during volatile and distressed...
The S&P 500 it's going to have a correction in the near term down to SPX 2985<3000 to then drift to the upside, until August 2029, for a -80% crash
The Nasdaq100 index could be consolidating in a narrow sideways range that usually drifts within the Senkou A/B nuage, before a consistent SELL SIGNAL gets actioned. The MACD oscillator could be useful in spotting the turn usually with Sell Signal at resistance level, Senkou A-line. Overall NDX price/volume trendline direction will confirm a large correction...
GBP/USD 4h chart possible optimistic scenario of a bounce-back up to GBP/USD 1.27 , where the range GBP/USD 1.275<1.2737 could see the exchange rate going to retake the 25th April point of control. The MACD oscillator could be shaping a double bottom buy signal.
The WTI Crude Oil chart highlights a possible double top pattern in the MACD oscillator, that could hint at short term bearish reversal. The globa supply/demand curve for Crude Oil clearly sees consistent demand slightly above the supply, although the biggest shortfalls are in shrinking reserves and storage, while also non-OPEC countries have become largely...
For continuity of data, the DAX30 chart has been utilized. On a wider timeframe, it'd possible to have the DAX40 rolling into a correction -22.5% drifting lower on the Ichimoku Senkou A/B cloud lines support.
The Treasury 2Y yield curve chart on a wider month time scale hints at a potential further increase and steepening of the yield curve to 3.8%. That of course will depend on Sovereign debt market variables and QT implementation.
The Nasdaq100 will reverse in the near term going to test the 12250 points level, before starting a large correction -26% down to 9600 points
The Alphabet A stock chart on a monthly time scale also clearly highlights the idea of the Inflated Stock bubble deflating with the aim of getting INFLATION under control. The bell-shaped curve that eventually Alphabet A stock would draw also will reflect a Gaussian normal distribution. The MACD has a starting SELL SIGNAL on a wider time frame which validates a...
The chart on a weekly timescale of the Nasdaq 100 with the price/volume trendline drifting well below the IKH Senkou A/B nuage gives a clear Signal of Downtrend validation, which has been also clear to see with the MACD oscillator. With the Ichimoku the Lagging span also will drift lower toward the bottom part of the Senkou A/B nuage(cloud), in this case, the B...
The U.S. 10y Treasury Yield and the 10y BTP yield have been correlated in their drift upward that will see both the Sovereign debt securities being priced within a Yield range 3.15%<3.68%, in order to discount persistent inflationary pressures in the economy, while also Central Banks would try to stabilise monetary policy for a high inflationary economic...
The SPX 4h chart continues to provide a consistent SELL SIGNAL, the MACD OSCILLATOR confirms a SELL SIGNAL. The SPX price/volume trendline solidly below the IKH SENKOU A/B nuage, a technical signal of BEAR TREND. Won't buy any sort of short-covering rebound
SPX could have an intraday buy divergence MACD signal, drifting up to test Senkou A/B nuage SPX 4525. short term Bear Market rebound Stocks speculative bubble Deflating implies SPX 2500 points target
the Nasdaq100 4h has been testing a support area, considering the oversold MACD, there can be a buy divergence signal, that would allow the index to drift up toward the ichimoku kijun line resistance 13900 pints and the Senkou A/B cloud resistance 14300 pints. These could be an hedging strategy Sell FUTURES/ buy the cash market intraday. Considering that in...