And Joe must ... But I would like to put the same text of Trump's analysis before here! TRUMP !!! 🔻🤫 Tomorrow and the day after tomorrow, we will have to buy and sell the Corona chart, of course, if this chart of the American elections is correct! 😅 This analysis is a personal opinion and so far it has not been proven that he technically predicted the...
Disclaimer: this is a completely APOLITICAL analysis based solely on facts and my personal insight. This is not financial advice. This is for educational purposes only. In this analysis, I’ll be discussing my own thoughts on the elections, the effect on the stock market, and what we can do as investors. To begin with, my guess is that Trump’s chances of getting...
America wants Burn Loot Murder with a walking teleprompter as head. Just look at their amazing glorious rally Monday night at Philly! What a show! some called them looters BUT I dunno...
hi traders , I just compare 4 currencies (eur usd,gbp usd,usd chf,aud usd) and I realized that everyone of them hit the previous 60th candle (4 hour) instead of aud usd. there is a good chance that it can happen...! good luck ...!
This is my view on the bitcoin price for the medium to short term. COINBASE:BTCEUR
Since 1928 the stock market used to correctly pedict the outcome of evey presidential election based on the peformance in the 3 months leading up to it. If the market was up in those 3 months the incumbent party would win, if was lower the incumbent party would lose. This methodology had correctly predicted 87% of the time.
NRG is my renewable energy choice. It has great potential for growth and is currently undervalued by at least 27% according to Yahoo finance. At this moment the stock market is seeing a huge drawback and as we near the election, markets are becoming more volatile. Currently, NRG might correct to $30 over the next few days. If $30 does not hold, next stop is $28....
The threat of a pullback has been set up, the unpleasant rally in USD as investors rush to park capital in the greenback. Just at the right moment, because of lockdowns, covid chapter II and things of this nature the highs can be burst open. Although we are in LONG TERM structural decline in the dollar, it does not mean we will not have to rush and take cover...
📍 SPX - into the elections and beyond This waterfall is a demonstration of how and where a decline in confidence on the risk front should be punished. The lust to expand equities higher is rather less here than one might suspect at first look. With the unsurprising hurdle of a contested election in US, buyers are threatened by an obstruction in democracy...
🛒 Consumer staples is dealing with a remarkable situation on the macro front which we have discussed at earlier opportunities (see ALPHA PROTOCOL: SEEKING IMMEDIATE EXTRACTION). One should be wary of the immediate risk for a waterfall as consumer staples hang onto the highs by a fingernail. After completing the 5 wave sequence to the topside, clearly the end...
📌 This will act as the start of the next 'novel' on dollar: the first of course will serve as our map into the next 13 days. We must review the Medium and Long term charts to understand the art of what we are tracking, and the contact between Dollar and safe-haven flows as we enter into another expansion of volatility. The follow diagram portrays the position...
📍 I am trying something out here with some faster flow charts. This is of similar nature to the preparations and strategy notes we made in EURUSD: In order to liberate the highs in USDCAD, buyers must take out the Tokyo defence. They are hoping to prevent the breakup for as long as possible, the annoying notion for sellers is Canada cases accelerating quickly...
S&P 500 Volatility Index (VIX) (October 26th through December 2nd 2020) Just making an update to a previous VIX forecast that I see going outside my last expected ranges, I felt it necessary when checking on SPX trends, especially with yesterday's start to a drop in E-mini futures. See below for previous guesses: Thanks for tuning in :) Disclaimer, I am not...
Dow Jones Industrial Average Index (DJIA) (October 26th through November 9th 2020) Low: 27,843.7 points High: 28,374.2 points May have been way too ambitious with my last DJI projection, have now since adjusted for short term just to see where we are for my own learning purposes. Thanks for tuning in :) Disclaimer, I am not responsible for any losses...
S&P 500 Index (SPX) (October 26th through November 9th 2020) Low: 3362.9 points High: 3455 points How E-mini futures market started off yesterday: My previous SPX forecast: My adjustments today are more to correct the trajectory and duration I was originally expecting. Will be interesting to see how this spooky week turns out. Time for temporary...
GBPCHF H4 - Same reasoning for EG shorts, fundamentals spiking GBP and market volume comes into play and EUR/LON markets react to weekend headlines. Still best practice to let the dust settle after such an opening. Personally like to let London morning do it's thing before looking to scout any trades out around NA/LON overlap time.