Gold price in some currencies it performs exceptionally well in MYR (ringgit)
A comparison of all 4 indices and Russell 2000 hasn't broken the low of Sep 7 whereas the DOW, SPY and QQQ have both broken well and truly. If i were going short, DOW and SPY would be the better ones to short. I believe this is the last leg down to early October
expecting a rise in the vix index ... should be anytime now ...
Markets are over extended and should be due for a correction in the next few days ...
on the monthly chart, USD is going on Wave 3 and based on retracement, it could go up to 1.13 more room to go up...
Bitcoin likely to get to 28K over the next week or so ..
Telsa is sitting on support right now .. where the previous top was. In my opinion it's good to go long .. Target 1600
Screened for stocks that has performed well in the last 1-3 months and came across that most stocks in the medical services have performed strongly. So decided to look into the IHF etf holdings. CNC has broken out of the 75.30 strong resistance level. Previous 3 times have failed and 4th time lucky. This stock will go much higher. Watch this stock.
btc is progressing on its 5 wave structure. Wave 1 and Wave 3 are equal in price range. and wave 2 is 50% range of wave 1. I should expect wave 2 to be same or slight shorter in price range compare to 2. Wave 4 target around 53.5k Looks like it's onto it's wave 4 at the moment before going higher to 80k (wave 5). After wave 5 completes, i expect btc to...
baba retreating now having gone up 16 days up, and it should be heading down for 8 days before resuming the bullish direction. So i am expecting October 28 to be the bottom before heading up again ... possible target or 203-204 around Mid November. With 11-11 coming up, this should push the stock higher. Earnings on Nov 4 (incidentally Oct 4 was the...
after being bearish for a while on gold, i am switching the direction after this confirmation. Gold up 25 days and retraced 26 days to the 25% level and it has gone up quite nicely from there after a couple of weeks of consolidation. Target of 1880 by mid Nov
With iron ore sales plummeting and not looking rosy on the China front, time and price wise is looking bad for FMG 10 down down, 5 days up to 1.375 retracement. expecting fmg to reach 13 by end of October (tentatively 22nd) . 13 is also the top resistance back in Jan 2020. Old top (resistance) becomes new bottom (support) I have been shorting FMG since mid...
$SE is going on it's final wave of ABCDE. FINAL TARGET PRICE SHOULD BE AROUND 296. Using price range, the down range are of equal ranges A & C, expecting E to be around the same range.
UPDATE OF SPX Oct 12 saw indices dropped big on the last hour of market opening. could be wrong... time will tell
Since July, ARKK has been trading sideways in the consolidation/distribution zone with no unusual volume for about 2 months. End of September we are seeing increasing volume activity to the downside. i believe it's going on wave 3 and downside target should be around 99.80-100. Oct 7 seeing the retracement up and hit a resistance level (~113) which is the...
As expected, FB has turned down. I am revising a downside target of 306 for FB.
With the strong volume and price rise on oct 7 and 8, in astrology terms, this is due to aspect of Sun conjunct Mars (aggressive energy), and 10th we are entering another cycle. the volume on Oct 7, 8 are comparatively low to Aug 23 / 24. I am still bearish on Baba and advise caution on going long. I am expecting baba to turn down in the week of oct 11....