Nifty 50 , 75 Min Chart Analysis . TRIANGLE PATTERN In 75 Min Chart Over All Structure Is Getting Neutral , Price Taken Some Pause And Consolidating Here .
1) Triangle Pattern Is Formed .
2) Price Retraced Fib 0.618
3) Rsi Giving Strong Divergence
If Triangle Brock Upwards And Crosses 9039 . Then It Will Give First Reversal Sign.
one Can Trade If it breaks 8678.30 with Strong Bullish Candle Or After Breaking Bullish Reversal Can NSE:NIFTY NSE:NIFTY dlestick Pattern High .
Covid-2019
COVID19 México USA ItaliaMéxico ha reaccionado más rápido de lo que se cree. Hay carencias y se padecen muchas comorbilidades (diabetes, obesidad). Pero, la cuarentena se empezo a buen tiempo. Sigan las recomendaciones y quedense en casa.
Litany Against FearI must not fear.
Fear is the mind-killer.
Fear is the little-death that brings total obliteration.
I will face my fear.
I will permit it to pass over me and through me.
And when it has gone past I will turn the inner eye to see its path.
Where the fear has gone there will be nothing.
Only I will remain.
- Frank Herbert, Dune: en.wikipedia.org
Disney Under 100 - Corona Virus Won't Kill Star Wars Disney PlusThe parks are closed and ESPN is running Rudy over and over again as most Major League sports are on hiatus .
People instead of looking for a pure cruise play rebound Like $RCL should probably gobble up the opportunity to own $DIS sub 100.
Disney has a more diversified business and assets here is a list .
#DisneyPlus and Marvel assets alone make $DIS very compelling here.
In short the Corona Virus wont kill Star Wars
en.wikipedia.org
S&P500 trading within rangeS&P500 is currently trading sideways, within range of $2420 to $2635. Its been doing so for the past 20 days. There isn't much strong bullish or bearish news in the market yet except that Covid19 cases are still crawling and that globally, there has been 70,000 more cases with 25,000 cases located in the US. Will start to post some news here too as well as requested by some of the subscribers.
Coronavirus Bollinger Bands - SpainSpain has begun to show a reduction in COVID-19 deaths (05-Apr-2020).
Using the Upper Bollinger Band crossover point with a 21 day period and 2 Standard Deviation bandwidth this trend can be applied to other Countries to estimate how close they may be to recovery.
C-19 8 months predictionSo as we all know, probably there is censorship in some countries and also only a small percentage of sick people we see in official stats, because it is not possible to test everyone or even 1/20
But probably we see most of the deaths, at least in in the western countries. And I think death rate should be around 1% with the right numbers . ( So that means the real number of "Coronavirus Cases" are the number is many times higher )
So I want to share this prediction based on my calculations.
I added UK from April 2 for comparison, to show why i think deaths number on official stats in western countries are close to reality.
Pfizer looking bullish based on RSIThe downwards pattern in the RSI suggest we may break that trend soon and move upwards. Also there is strong support around $27.85 if the downwards trend on the RSI continues and the price hits $27.85 I think there is a buying opportunity but we also see there is resistance on the upside at $37.37ish. Not a bad time to long Pfizer specially if we get close to the low end of the resistance and the virus still continues to be an issue.
30 Days Later – Italy vs. USAs the Coronavirus continues to spread throughout the globe without any cure or treatment, researchers have been left with nothing but data to help predict and counter the disease. This being a novel virus, even our data sets are tremendously lacking.
We must make do with what we have, and 4 months into this global pandemic it seems that Italy has been taking the blunt of this disease; Creating a benchmark for other countries to compare.
There are numerous articles out there comparing the United States to Italy, many of which only compare the total number of cases. Based on that factor alone, the US is in far worse shape than Italy being approximately 8 days behind on the outbreak.
At the time of writing this article, Italy is at 110,574 cases while the US is nearly doubled at 209,071 cases of the COVID-19 virus.
Comparing the two countries should not end at the total number of cases. There are far more ways to analyze the available data to see how the United States and other countries compare using Italy as a precedent.
Population Factors
One of the largest factors to consider are the two counties populations. Italy’s population is ~60.5 million people while the United states is over 5 times the size at about ~330 million. Right there you can see that comparing the two countries based on the number of cases is not enough. The case comparison above shows the total percentage of the country’s population affected by the coronavirus. Offsetting Italy by 8 days, you will see that the United States is fairing much better when it comes to the total percentage of the population affected. Using Italy as a precedent, Day 33 of the outbreak Italy was at 0.123% of their total population infected, while the United States was at 0.074%. Today Italy is at 0.19%.
Transmission Rate
Based on the total percentage of the population, the data shows that Italy is in far worse shape than the United States. However, this could change at any time based on how quickly the disease is spreading throughout each country and how each country manages the spread. The Transmission Rate is generated by the number of new cases each day compared to the day before. Looking at transmission rate data above, you can see that the United States has been greatly higher than Italy over the last two weeks. Though the US transmission rate seems to be dropping a considerable rate, it is still at 14.1% compared to Italy’s 4.2% which seems to be leveling off. Getting this factor as low as possible will be key to controlling the spread around the globe.
Breaking the data down, the chart below shows the number of new COVID-19 cases, recoveries, and deaths per day between Italy and the United States. Looking at this data we can determine that Italy’s number of new cases seems to be dropping each day from their peak on March 22. This shows that the measures the country is taking to battle the Coronavirus could be working. IF the United States similar measures as Italy, they should start to see a decline in the number of transmissions per day. “Flattening the curve” to say.
Mortality Rate
One of the scariest data sets to compare is the COVID-19’s mortality rate. Currently the United States has a 2.55% mortality rate which is well below the global average of 5.23%. These factors are based on confirmed cases and deaths. Italy, however, is at a whopping 12.25% mortality rate. Meaning more than 1 out of 10 people who contract the disease is expected to die. The most chilling thing about this is that all three averages have been increasing each day. Clearly after seeing these values we can see that the United States is fairing off much better than Italy for the time being. Knowing this, there are three major factors to consider:
This data is based on ‘Confirmed’ cases and deaths. Meaning there could be numerous positive COVID-19 cases that have not been tested.
Italy’s median age is significantly higher than the United States. Unfortunately, this disease is known to target older, immuno-compromised adults.
The United States is 8 days behind Italy, meaning only a small percentage of the current Covid-19 cases have had time to mature enough to result in an outcome. Therefore it is possible to see a sudden increase in this value.
Recovery Rate
This data is petrifying, however, there is some light at the end of the tunnel. Recovery rates around the world are on the rise. Currently it is estimated to take 2-3 weeks to recover from this disease, meaning the current data available is only a small reflection of what has yet to come. The chart below shows both Italy and the United States’ recovery rates as of today. Italy being 8 days ahead of the US, has a significantly higher recovery rate. Within the coming months I expect both values to increase greatly, better reflecting true recovery rate of COVID-19.
I would like to thank TradingView for making the COVID-19 data available on their platform. This has allowed script writers like myself to break the data down, analyze, and share information through this global pandemic.
During this global pandemic, there is limited information available on the COVID-19 disease itself. However one thing we do have is data; and we get more of this every day.
The indicator referenced in this article will be made available to the public so that you can tract this data in real time. You will find it under the scripts tab on my profile page.
*Case comparison is based on the previous days data.
Lets see if COVID_19 is a SHAM or not. Market cycle and I think this will dump after the parabolic move is over.
Total + daily covid-19 deaths worldwideNot a prediction : merely a tool to follow the number of daily covid-19 deaths worldwide. Beware of the last day's data: as it's in progress, it obviously doesn't reflect the day's close.
COVID-19, BTC, Gold and Beyond, a message from the futureAccording to galactic code "3AR7L1N9$-R3K7" issued by the sacred milky-way jury;
All human earth-bots are sentenced to host the new fatal zepto bots which earthlings shall call "COVID-19"
All in all convicted by the following universal crimes:
In violation of code "$H17-1$-9377ING-REAL"
- - Forbidding the abuse of natural and mineral resources deployed to their planet.
In violation of code "1-KN3W-17"
- - Forbidding invasive expansion of territory to that of other protein earth-bots and their derivatives.
In violation of code "N07-3N0U9H-CH10R09U1N3"
- - Forbidding the informal disposal of toxic and radioactive compounds.
In violation of code "W7F-7RUMP"
- - Forbidding the destruction of O2 load balancers deployed to their habitat.
The zepto bot judges are programmed for efficient host invasion during the execution, attached is a snapshot of the judges early performance 100 years ago, and an adjusted differential oscillator based on the ROC, MACD, and WCCI normalized oscillators.
As we can see the final differential oscillator MAs made a crossover, indicating a clear divergence which can mean only one thing when we look at any timeseries data; manipulation ..
We'll talk in the next episode about how it progressed, and its effect on earthlings economic system and on their planet future.
Stay Safe
Duot
---
"In art he, duot, was often depicted as man with the head of an ibis bird"
999ug
😷THE DISEASE WILL GO AWAY SOON, BUT STUPIDITY MAY STAY FOREVER🌏🌍🌎HELLO, WORLD🌎🌍🌏
🕊🤔This post woudn't be of a technical nature, but rather philosophically💭
🌐🌐🌐The whole world is worried about the news of mortality statistics from coronovirus and that's all can be understood😷😷😷😷
There is a surplus of information: everywhere talks about danger,💀💀💀 but only few people go into details how many people recover daily and continue lives fully.😍😘🥰
🕊🕊🕊I would like to advise you to ignore the bad news, and to fill your life only good thoughts.🙏🏿🙏🏿🙏🏿
When we will come up such an opportunity ever 🤷🏿♀️?A few weeks we will sitting at home)))) It's perfect time to open books, seminars, trainings and start eagerly studying,👌👌👌 what we'd wanted for so long, but there was not time enough 👍👍
Just imagine, how idleness will affect the amorous brain, if it does not develop all the time of quarantine? 😬😬😬
It seems, that effects of panic can be much more serious, than the virus itself.👆👆👆
❤❤❤❤❤The main advice to everyone, who reads my post: love each other, value each other!!!!❤❤❤❤❤❤❤
But don't forget, that soon all panic will subside, lost time will not be possible to returned 🤔 and the habit of lounging will remain🤦🏿♂️
😷THE DISEASE WILL GO AWAY SOON, BUT STUPIDITY MAY STAY FOREVER😕
I wish Health to everybody! Belief in yourself! 💪🏿💪🏿💪🏿And successful undertakings to everyone!!!👊🏿✊🏿🙌🏿
Market Overview- Navigate through the unknown BOTTOM territoryMadness cannot even begin to describe what three major indexes went through the past few weeks. Fastest 30% drop ever, followed by equally insane three consecutive days of massive gain last week. It felt like the whole stock market was going through the crypto type of rollercoaster ride!
One question remains in every investor's mind... Have we reached the bottom yet?
Macro perspective-
*QE to infinity with no limits, now includes the municipal and corporate bond in addition to treasury and MBS
*1 trillion federal deficit, but the growth was still below 2 percent
*2 Trillion relief package that forbids stock buyback and will be enforced with strict oversight
*Economic contraction is forecasted to be 15 percent or more in the second quarter
*Unemployment is projected to rise to 30 percent in a few months
*Q2-Q4 earning will likely be severely impacted
In nutshells, the underlying economic condition is already weakened with the crippling amount of national debts. The fact that Fed intends to increase its balance sheet with no limits tells me how desperate Fed is and how dire the economy is.
Historical perspective-
11 recessions in the past ended up lasting between 12 to 18 months. Only one of them lasted 2 months. Furthermore, never before has the bottom been reached in the beginning of the recession. Of course, some people believe that this market recession will not last long because unlike the 2008 crisis which was caused by the overheated housing market, this one was caused by the sudden panic sell driven by the external circumstance.
Technical perspective-
All three major indexes went down around 35% from their Feb. high during this unprecedented crisis, indicating that the market is already in the recession mode. However, Dow has since then bounced back strongly and is currently up around 20% from its low. Technically speaking, the market is not officially in the recession until all three major indexes stay 20% below their highs for at least a month or two. However, It seems that it may not be the case if the current rally continues which will send the Dow back above its 20% drop from the February high and possibly test the resistance lvl at SMA200. Only time will tell.
If the market is not at the bottom yet, how much lower can three major indexes go? 50% low from their Feb. high would send three major indexes way blow their 2017 price lvl. If such a scenario plays put, it will send a shockwave throughout the market and exacerbates the already deteriorated investor confidence.
I would not pay too much attention to the technical lvl until the VIX goes back down to around 30-40 lvl. During the rare, panic-sell frenzy, anything is possible. We have already witnessed the fastest 30% drop and the biggest 3 day rally in the history so be ready and prepare for anything to happen.
Market sentiment-
Market sentiment is everything at this point. The impeccable timing of 2 trillion relief bill seemed to have cancelled out the effect of the record high unemployment filing claims last Thursday. Even when U.S infected # exceeded that of china last Friday, the market did not react too drastically. Moreover, Yesterday's announcement of April 30 lockdown extension did nothing but boosting up the market today. Perhaps, the Covid-19 fear is already priced in or the selling pressure is exhausted?
Covid-19 progress-
The catalyst that summoned up the financial storm will also be the one that ends it. The exponential growth must be stopped before any sense of normalcy can return. By all metrics, growth factor, infected per 1 mil, death per 1 mil, positive %,, # in serious/critical condition, recovery rate, fatality rate all indicate the somber news that the exponential growth is still climbing.
Let's take a look at the projection in the website below
covid19.healthdata.org
Keep in mind that the projection is based on the assumption that most people will follow the social-distancing practice and ventilators will not run out (Ford, GM and Tesla have set out to produce more ventilators).
According to the projection, if we don't get the second wave of infection because of the lax lockdown rule or the undetected virus carrier coming from countries that have not yet experienced the outbreak, we should expect everything to return to certain degree of normalcy and economy to begin the recovering process in May.
When that happens, investors may not rush back into the stock market in droves, but it could at least serve as the crystal clear sign to investors that the worst part is over.
COFID_19 TOTAL CONFIRMED CASESES(i hope I'm wrong) but most likely this will be because of the new devices that are in the making, these devices will allow more people to test that virus, the result will b more tested and more confirmed cases
Informacion sobre el Crack por Covid-19 DJISe puede apreciar que durante la administracion de Trump el Dow Jones Industrial Avarage subió un 50.36% lo que ha sido la alza más importante en la historia. Sin embargo por la crisis generada por el crack del Covid-19 este ha perdido 53.8% por lo que podemos notar que ha sido la crisis financiera más grande de la historia, superando el 2008 y el 1929.
possible Test to 5.5K (bitcoin) Hi , it's clear that COVID 19 has affected also Crypto market especially Bitcoin , let's see why i forecast bitcoin price will go at least to 5.5K
1/fake breakout to 6.4k in the begining of the week
2/ strong rejection to resistance 6.4 k
3/ very strong resistance line who has been support line last few weeks
4/this line is very important psychologically for traders in two time :
the first before decline to 3k
the second before we go to 13K
5/descending line (green) could be respected , that's why i forecasted 5.5k , but let's don't forget that we are extreme situation when normal condtions don't apply
stay at home and have nice day
Global Recession Price Targets Recession
In the UK we came to the end of the financial year and at this point the end to the first quarter for the global economy. Governments around the world will now declare that GDP our economic production has decreased, and unemployment has increased. We’ve seen all major central banks update fiscal and monetary policy, the Fed has announced a 6.2 trillion stimulus package. S&P 500 has seen the most significant downturn in history. What can we expect over the next coming months?
The main catalyst for this recession is global debt, housing debt, energy industry debt, household consumer debt, and corporation debt. This is the everything bubble. It has been further fueled by COVID-19, The pandemic has caused Global quarantines and lockdowns. Consumers are being told to stay at home for a period of 2 to 3 weeks at which point the infection will be reviewed and the quarantine assessed. Consumers and not driving the vehicles this is reducing demand for oil and gas. Consumers spending habits have reduced significantly emphasizing a decline in economic activity. Non-essential Businesses have been closed indefinitely this has had a knock-on effect on people’s jobs and employment. Many are waiting for government funding packages to provide financial support during self-isolation and unemployment. We can see an extortionate amount of government spending with no max parameters in place. Over the next few months we will have to see how cases increase and how companies will be affected we will need to see how cold it is treated and how effective the quarantining is. These quarantines are not a one off I have been implemented to slow the spread of the infection and once they have lifted and the infection reemerges, they will be forced again to Quarantine. Businesses and executives know that this will occur and so will be hesitant to open or continue their business operations, they will be on likely to begin recruitment and re-employment because of this. This has a significant knock-on affect the economic activity. Governments suppressing the spread of infection in order to curve the peak demand on to healthcare services. Health officials are waiting for a vaccine to be developed or for herd immunity, both of these can take many years. All of these factors contribute towards fear uncertainty and doubt in the general public. This is setting up to be a depression, the great depression 2.0
What does this mean for SNP 500 index? For me look at the 2001.com bubble price fell 50% in the bear market. In the 2008 housing crisis the price sale 58%. If we continue this pattern into our current circumstances from our all-time high of around US$3400, we are likely to fall50% again placing the S&P 500 index at 1700, this is the decline of over 1700 points. If we use the all-time highs from 2001 and 2008, We can conclude a resistance for our current downturn of around US$1500. We need support, we can see support at US$1800 in 2014 and 2016 Low’s. And this gives us are likely target price range for this current recession, however if we breach and full-blown resistance of US$1500 I’m confident that we will reach loads of US$800 this sort of drop and contraction in the overall economy will be defined as a depression and it will have significant adverse effects on the globe.
Each and every financial crisis governments have attempted to stimulate the economy and we see a short-term correction from the stimulation. By the long time it doesn’t help realistically the sessions depressions and the business cycles will continue to occur because the global economy is built on continuous quanitivie easing and liquidity injections.
I hate to be so pessimistic. However, there is optimism for we investors Have the greatest opportunity to enter the markets of multiple industries exceptionally low prices and we will likely see corrections up to all-time high of 2019 US$3,400. Realistically this timeframe is likely to be up to 7 to 12 years until we even get close to that price again. Could we be in the midst of the financial systems collapse?!