The last time we looked at copper was last October, and the trade played out nicely in our favor. Much has happened since then and we think another opportunity lies on the horizon now. Revisiting the same analysis now we observe the following… China, being the largest copper buyer, its currency pair CNHUSD traditionally shares a high correlation with...
For information only... The two nearest CME gaps are at ~35k and ~20k...
Soybeans have certainly caught our attention as a classic head and shoulders pattern has emerged, suggesting a possible trend reversal. This implies a potential drop equivalent to the height from the head to the neckline, taking us towards the 900 level. Could this be signalling more downside in the soybean market? The current price action is intriguing as an...
I have put some effort into this update of my CME chart, and I believe I have covered everything. Although CMEs do expire, I have marked all of the "open ones" in this case. The main reason I focus on CME gaps is that when I see a price heading towards a gap, there is a higher likelihood of it being reached. So if my take profit (TP) is close to a gap, I would...
ETF smells like CME futures and Soros fund bought at $14k PUBLIC dived in to $20k only for Miners to have ramed it down to $3k
It has been some time since we delved into the intricate world of interest rates and their prospective trajectories. With the yield curve experiencing significant movement in recent weeks, it's high time we reassess our stance. Following a staggering 500 basis points increase, we now find ourselves potentially nearer to the end of the rate hike cycle than ever...
Hi Guys, Hope you well, This is CME chart for bitcoin , Usually price fill the gap in exchange that create in CME market. now we have two nearest Gap First of one in 35000 zone and another one in 20000. SecondChanceCrypto ⏰27/JUNE/23 ⛔️DYOR Always do your research . If you have any questions, you can write them in the comments below.and I will answer them. And...
The Nasdaq's formidable recovery from the October 2022 bottom resulted in an impressive 42% surge, a rare feat for a major index. However, as it grapples with resistance at the 15250 level this past week, we are compelled to question if this upward momentum is running out of steam. Notably, historical instances where the Relative Strength Index (RSI) soared past...
You may have heard of a certain Warren Buffett, and it seems like he might be onto something... Buffett, known as the "Oracle of Omaha," has demonstrated remarkable investment timing, or perhaps an innate ability to steer investment flows. This was clearly illustrated by his investment in Japan, which triggered a rally in the Nikkei to decade-long highs. While...
all local BTC CME gaps unfilled, still got one at 29k which will get filled before the crash
We should follow this gap for big orders. Take your risk, make some profit.
Looking forward for this gap to close before the May inftaion data comes out. What do you think folks?
Over the past weekend, Bitcoin experienced a significant sell-off, causing a price discrepancy to form, commonly referred to as a 'gap'. This gap is discernible between the present Bitcoin market price and the closing price from last Friday (as per New York time). Notably, these gaps, often identified in futures markets such as the Chicago Mercantile Exchange...
CME GAP closed , we had 5 waves and now a ABC right on the CME GAP , hmmm seems to me some standard front running here , would not be surprised of a full reversal here .
High Risk BTC Short TO Fill The CME Gap No bones about it this is a pretty high risk play - although it is looking like this big cme gap might get filled for the short. It is best to be agile on this one in case there is an aggressive bounce
As the debt ceiling discussions draw to a close, the dollar's rally indicates that markets have largely priced in this event. The focus now returns to the Federal Reserve (Fed) and its notably hawkish stance. Fed officials' recent statements and fed fund futures, which are pricing in another rate hike in the upcoming meeting, suggest it might be the right time to...
The most recent Caixin Manufacturing PMI dipped below 50, landing back in contraction territory after two prints above the 50-mark. As the world's top exporter, China is acutely sensitive to fluctuations in both exports and manufacturing numbers. Historically, we've seen periods of Yuan devaluation during times of contracting Manufacturing PMI and exports as...