wildcreamlife

wildcreamlife

A historic post-Brexit trade accord after negotiators worked through the night and it looks like a real tv series. Prime Minister Boris Johnson is planning a press conference after he has touched base with Commission President Ursula von der Leyen. U.K. officials had said Johnson could appear at 10 a.m but, with the talks continuing, the situation could change....

wildcreamlife

I hope all of you are doing great, with trading and COVID. You already know I prefer to keep my lines on from oldies charts. A historic post-Brexit trade accord after negotiators worked through the night and it looks like a real tv series. Prime Minister Boris Johnson is planning a press conference after he has touched base with Commission President Ursula von...

wildcreamlife

The pair is currently moving into the channel and above 105.500 due to the dollar trying to regain some ground after a mood for risk appetite. However, the reality of slowing economic data and rising virus cases around the world is an almost unavoidable and hard reality. About technical terms, this pair is struggling to keep an upward pressure because it's in...

wildcreamlife

Last week I've tried to post this chart, but then I switched off and forgot. As usual, I prefer to keep every single line and details on it. Pfizer and BioNTech announced positive efficacy results from their Phase 3, late-stage study of a potential COVID-19 vaccine. The vaccine candidate was found to be more than 90% effective in preventing COVID-19 in...

wildcreamlife

I didn't want to share any view before today, because we're currently living something I hope never to live again. Today we have a very important event, this presidential election is freaking me out due to some events my Tesla's model suggests. First of all, the markets are no longer driven by presidential expectations as the media is trying to show you because...

wildcreamlife

Warren doesn't love American Airlines, nor any airline, what about me? No way. I've been always away from airlines. Some companies from all sectors are living a real nightmare and many of them are going for chapter 11. Keep in mind AAL already had a massive problem in 2011 and here we go again, struggling. Why am I posting this? My old levels are here and smashed!...

wildcreamlife

My model suggests the market will be volatile and plummeting the next 3 weeks at least, and we have to consider the levels at 2100-1995 just to see if we're able to hold the price, and yes, you're reading well... 'to hold the price'. I've already got emails from around the world appreciating the forecasts and warnings about this market uproar, but I'm upset...

wildcreamlife

Copper smashed one of my key levels, even with a clear buying opportunity, but as I said, the price just smashed this level, so next stop it would be around $1.96-2.0. If everything goes to hell, the price could go even lower at around $1.15, but I'm not seeing it there. For now, please STAY AT HOME. What am I doing? What's my PV? You can get in touch with me at...

wildcreamlife

In 1929, President Hoover claimed to pledge to support business, improve the quality of life of the nation’s farmers, and conduct a relatively isolationist foreign policy, his belief in minimal government interference in the economy, as well as a conviction that direct public relief to individuals would weaken individual character, turn people away from the work...

wildcreamlife

Commodities turn crazy. The gold is falling just because the traders are taking money to cover the margin calls. Yes, they are! My forecast is still alive, so now you can go to emerging currencies and smash them... a bit. What am I doing? What's my PV? You can get in touch with our Traders on the Squawk... Best Regards, visit us at creamlivetrading CREAM LIVE TRADING

wildcreamlife

Australia's economy will record its first recession since 1991 as the hit from China's virus-induced slowdown is amplified by slumping confidence and domestic disruptions from the outbreak intensifying Down Under. The gross domestic product will fall 0.4 percentage point in the first three months of the year and 0.3 percentage point in the second quarter, ending a...

wildcreamlife

This is so hard to get, I know! Markets were roaring just weeks ago and now we're facing the hell... well, that's the problem with bubbles. One of my posts exactly about treasury yields I said, bond traders usually are smarter than equity traders, and they told us a different narrative compared with the stock market with stupid buyback and debt. Now, don't panic...

wildcreamlife

The disintegration of the OPEC+ alliance triggered an all-out price war between Saudi Arabia and Russia that is likely to have sweeping political and economic consequences. The Oil Drops 31% in Worst Loss Since the Gulf War in 1991. Most of the time I keep my lines, sometimes I hide other lines and text. Today I'm showing my buying line around $29 a barrel and the...

wildcreamlife

This is huge, no deal for now at the Opec+ meeting, and everything due to Russia. No production cuts. Putin is playing a very good game because whatever analysts could say about, it is working properly. Well, as soon as he stepped in the frat, he can achieve almost anything. What now for the USOIL? Big Bears' target is around $37.48. What am I doing? What's my...

wildcreamlife

Is it really cheap to buy the dip? I've already closed my biggest selling position on this asset but this chart suggests it could go even lower. Fundamentals say something different. The P/E ratio is at 10.58 while P/B ratio is at 1.07. As usual, Wall Street is too motivated to "clowngrade" this asset around $37.00 and we know that's hard to see in the short term....

wildcreamlife

Are you afraid because of this? I am! The main reason is that this is such a new thing we're not prepared for. Believe me, we're not prepared at all. This is not about everything that will be cheaper, or your mortgage will be cheaper. This is about how our economy is at the edge of the cliff. The FED can cut the interest rate to boost the economy but this time...

wildcreamlife

The Dow Jones is full of signals. My last post about DJI was fast and easy, but the narrative behind it makes me wonder not where it is going to but when. My own model told me the big movement would be made in June / July 2020. Most of the traders love to see trendlines everywhere, not me. This trendline is clear enough to see where the rejection point is. The Fed...

wildcreamlife

While everybody was excited about the equity market and happy because of the new highs, the big whales are keeping an eye on this chart. The main reason is what it shows, it means another indicator alerting how the economy is walking to south. Keep in mind, the Gold and Copper tend to move in the same direction (most of the time). The copper market tends to be...