2025/01/15
Daily 4XSetUps - Relaxed Consolidation In Bullish GAP In UKOIL
“the last major downtrend was bullish overcome on friday last week!
was it a false breakout last week? or does it start now this week?”
The European stock markets continued the recovery from the previous day this Wednesday morning, January 15, 2025. There were no really big bullish jumps in price action before the US inflation data in 1 hour in the afternoon and/or the start of the US reporting season with several large banks. The EuroStoxx 50
STOXX50 gained +0.38% to 4,999.17 points around midday. Outside the euro area, the Swiss leading index SMI 
SMI rose by +0.13% to 11,717.50 points. The British FTSE 100 
UK100 rose by +0.76% to 8,263.54 points. The US consumer prices are considered an important pacesetter for the further action of the US Federal Reserve Bank. Because the disinflationary trend has lost momentum since the peak of the inflation wave in mid-2022 and the inflation rate has recently even risen again - which is also expected again today. And if you look at the PPI over the last few months, even years, it continues to rise - slowly but surely. But all of this shouldn't bring the US stock markets 
SP500 
NDX 
DJIA to its knees today, if I'm not mistaken. Because the TV reporters, analysts and even commentators seem to be of the unanimous opinion that the negative expectations have not come true again - and therefore the Magnificent 7 
GOOG 
AMZN 
AAPL 
MSFT 
META 
NVDA 
TSLA should continue to rise. I'm not long there - I just think the stock market is too expensive in the historical context and I'll wait for Trump in the office next week.However, the U.S. economy is the undisputed powerhouse of them all - when it comes to the stock markets (all around the world). Nothing shows it better than the $170 trillion net worth of the U.S. private sector, and the fact that the market capitalization of U.S. equities is greater than the sum of all other global equity markets' market cap worldwide. Scott Grannis impressively analyzed this at the beginning of December 2024 already. And published on his blog: "The U.S. is the King of Net Worth" And confirms my assumption that it is currently best to stay out of the US stock market. And in the conservative dynamic trading account only stay long in
US01Y (fixed-interest security from 2024/03/04) and/or also 
UKOIL (how? as you see below)! Because the stock market is historically simply too expensive - which is also shown by the S&P 500 Mean Reversion Model. Because in this case, the broad US stock market is not just overbought. No - even Strongly Overvalued! "As of September 30, 2024, the S&P500 is currently trading 71% above its modern-era historical trend value, (about 2.0 standard deviations), indicating that the market is Strongly Overvalued." “What you will be will depend on the perspective you have.”
Ray Dalio
$92.14 : 2024/04/12 - Annual High 2024
$87.92 : 2024/07/05 - 1st Highest High After AH 2024
$82.35 : 2024/08/12 - 2nd Highest High After AH 2024
$81.12 : 2024/10/07 - Bullish Intraday High +3.89%
$80.19 : 2025/01/15 - last price action
$76.41 : 2024/10/08 - Bearish Low Of -4.51%
$76.08 : 2024/11/05 - November 2024 High
$74.85 : 2024/12/31 - December 2024 High
$70.89 : 2024/12/06 - December 2024 Low
$70.74 : 2024/11/18 - November 2024 Low
$69.95 : 2024/10/01 - October 2024 Low
$68.71 : 2024/09/10 - Annual Low 2024
These are the most important price actions for
UKOIL . Which may not be necessarily relevant in everyday life, i.e. in day-to-day business this week? But in any case, if new news should move UKOIL bullishly upwards or bearishly downwards, you should always keep it in mind! Which today's price action impressively proves - even if the movements so far this week have not (yet) been big. Because the price action in UKOIL has currently been hanging in the bullish GAP since the beginning of the week, more or less. And this is in a small downward trend since Monday's high, so it shouldn't be surprising if we actually fall back to the downward trend around $78 that broke out upwards. To then get back above $80.------------------------------------------------
$88.00 : 2025/06/30 - Target Price
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$80.19 : 2025/01/15 - last price action
$76.19 : 2025/01/06 - Entry Price
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$70.00 : 2025/06/30 - Stop Price
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Have a good time
- regardless of the price action!
Aaron
“daily 4XSetUps - …” is pure information material!
By trying to give you even more information about some trading capabilities to trade and/or invest in some securities. This post is not a call to action - it only provides information. You decide (not) to decide. Even if I am writing daily 4XSetUps with concrete entry prices, target prices and/or also stop prices! It is like it is - like I said; You decide to respond to the analysis I just formulated to buy, to sell, or to do nothing! More information about my approaches to investing in something specific or just trading it, or even just describing it, can be found in the daily "Another 48h - DXY ...! Analysis Post. Where I try to track the price action in
DXY every day so that we learn something new daily.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.