gerfsinger

gerfsinger

Head and shoulders mean reversion. Price broke support levels (332-338 USD). Probable FIB retracement to 0.382 (new support could be at around 286-295 USD). AMEX:DIA

gerfsinger

Given the current economic situtation, and having broken the last support, this ETF is expected to fall to around 168 USD (where pre-COVID resistance was). Since november 2020 it surepassed with great lenght this price level. FIB 0.618 seems to act as the new support level for the last couple of weeks. It's safe(ish?) to assume the downturn is limited to the...

gerfsinger

War and Russia's weight on the ETF itself made it brake support and enter bear territory. Extreme volatility and high risk means SELL, given the confirmation in price action. AMEX:EEM

gerfsinger

The financial sector should be benefited from raising rates. But war puts a pressure on the industry as any other "Black Swan event". Still waiting to lower to support range (33-36 USD). Head and shoulder indicates a reversion in tendecy. So prices could drop to last broken resistance (aroudn 30-31 USD) coinciding with FIB 0.5 levels (at 29 USD). Weekly RSI has...

gerfsinger

Having corrected for interest rates and war, the SPY ETF is struggling to stay on it's support (415-428USD range). Worst case scenario: all 2021 gains erased, bringing the ETF's price to post COVID recovery levels (mid 2021: 320USD).

gerfsinger

Not as other EM, Brazil sees it's stock market prices surge. Having not applied sanctions to Russia, and being a strong commodities economy, we see EWZ price surge. Watch out for inflation.

gerfsinger

XLE ETF has much territory to recover. War keeps oil prices surging, sanctions and cuts in supply play their part in the boom of the energy sector. On the long run still, I think we'll see it normalize in the sense that I don't think a reversion of the trend wouold be possible (meaning price surpass 100USD). Unless war times worsen. Hopefully for all people...