2025/01/18
Daily 4XSetUps - The Fourth Bullish Week A Bit Slack In UKOIL
“false breakout of medium-term trend reversal pattern last week!
will it bullish succeed this week? Or will trump trump everything?”
Trump back in Office 2025 is not only what a banker, publisher and, above all, meanwhile also a familiar friend of mine described as a once-in-a-century opportunity back in 2016, when Trump was first elected. No - it is also the living example of everyone involved (including political opponents) "that God created the world and man created chaos!" - as the late Rabbi Lord Jonathan Sacks, who left us far too soon on November 7, 2020, aptly put it in one of his last public speeches. Two amusing current political stories, from our (religious) right-wing conservative freedom-loving peaceful inter(national) political alliance, in our so-called West, which I also support, because we all are united in our love for Israel, the Jews, and Israel's right to exist, I don't want to hold back today. For example, former Brazilian President Bolsonaro also wants to travel to the USA for Trump's inauguration, but his passport was revoked a long time ago due to the risk of flight. The Supreme Court has refused to allow the ex-president to hand over his ID card because of the risk of absconding. But he doesn't want to accept this decision, as many media reports. Another recent, even very revealing anecdote is perhaps that the red carpet was rolled out for the French politician Zemmour, while Marine Le Pen waited in vain for this honor. Trump has apparently not forgotten her distance - and may be forcing her to think about herself and a possible future together. Because Trump's son-in-law Kushner, who is Jewish and a Zionist, was significantly involved in the Abraham Accords peace agreement that ensured religious peace between Muslim states and Israel. While Le Pen's father died at the beginning of this year in 2025 - and in France, as a right-wing nationalist, he did not come out as an outspoken friend of Jews, let alone a Zionist, during his lifetime, if I am not mistaken.
However, the European stock exchanges extended their gains on Friday, January 17th, 2025. And we went into the weekend with optimism. The EuroStoxx 50
STOXX50 closed +0.81% higher at 5,148.30 points. On a weekly basis, this meant an increase of +3.4% for the leading index of the Euroregion. In the meantime, the index had reached a high since 2000. Outside the euro area, the Swiss leading index SMI 
SMI rose by 0.40% to 11,990.27 points on Friday. The British FTSE 100 
UKX climbed +1.35% to 8,505.22 points. Inflation data from the USA breathed fresh momentum into the stock markets in the middle of the week, which noticeably eased investors' concerns about interest rates. Core inflation was surprisingly low. The fourth increase in a row was ignored, as was the PPI data. Wall Street wants to go up - and everyone seems to be cobbling together a suitable narrative to justify the rise. The mood on the international markets was euphoric on the last trading day before the inauguration of Donald Trump as the next President of the United States. In the USA, the stock markets went up significantly. Positive signals also came from China, where, according to official information, the economy hummed and hummed and hummed last year.“I have found it helpful to think of my life as if it were a game in which each problem I face is a puzzle I need to solve. By solving the puzzle, I get a gem in the form of a principle that helps me avoid the same sort of problem in the future. Collecting these gems continually improves my decision making, so I am able to ascend to higher and higher levels of play in which the game gets harder and the stakes become ever greater.”
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%
$80.71 : 2025/01/17 - last price action
$80.43 : 2025/01/12 - This Weekend Opening
$79.95 : 2025/01/10 - Last Weekend Closing
$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
Be that as it may, back - from the trumps scenario - to everyday life, to the daily price action in
UKOIL . Let's break down our long UKOIL 4XSetUp. And the price action is still more bullish as i thought originally. Even we got bearish last week. Bearish? No - it was a week with +1.37%, but it felt like a bearish week, at least for me, after we bulls didn't take over the $82.35 price action area. But at least traders and/or investors were able to defend the bullish GAP from the start of the week - the price action between $79.95 from 2025/01/10 (last weekend closing) and/or $80.43 from 2025/01/12 (this weekend opening). What we last experienced from mid-June 2024 to the beginning of July 2024 - then also 4 bullish weeks in a row - with a price action of $79.26 to $87.92. And/Or also from mid-March 2024 to the beginning of April 2024 - at that time again 4 bullish weeks in a row - with a price action of $81.11 to $92.14 (which was and is also the annual high of 2024). Why do I mention this? Because in the following weeks the bears always took over the territory - and in both cases of the four-week uptrend we always saw price action below the previous low of the first week of the four-week uptrend. In other words, the four-week bullish trend always turned into a larger bearish trend! This time too? That is the crucial question! What we will experience in the coming course. But I am confident - because this time we are trading above the long-term downtrend - in contrast to the two four-week bullish trends mentioned. Because the two highs of the four-week trends define the downward trend. That's why the chart is looking pretty bullish. We bulls need to defend the first last week opening at $80.43 from 2025/01/12 and/or last week before closing at $79.95 from 2025/01/10. And that is not only to defend the psychological technical important number around $80. No - to get faith back to take over $82.35! Why Because, if we left the second highest high 2024 after annual high 2024, the bulls are definitly took over the price action in UKOIL. Until that the terrain is bullish - but the mid-term trend reversal formation is not finished. At least even only above $82.35.------------------------------------------------
$88.00 : 2025/06/30 - Target Price
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$80.71 : 2025/01/17 - 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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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.