Gold is going parabolic and typically that doesnt mean a good thing. Now there are many reasons this could be rallying and likely a combination of the few. - Fed Rate Cut - Geo political tension - Weak Fiat currencies - Currency Crisis - Weakening economies In a time where gold enters these monthly extreme RSI moves it typically signals a good time to start...
England’s economy is facing a complex array of challenges, driven by domestic social unrest, geopolitical tensions, and evolving labor dynamics. Recent riots, sparked by both marginalized Muslim communities and extreme right-wing groups, highlight deep-seated socio-economic issues. These tensions have been exacerbated by international events, such as the October...
#NI225 #NIKKEI 225 Japan Stock Exchange First of all, let me start by stating that the graph is based on 3-Month data I have detailed all the necessary notes on the chart. The white trend line is the balance zone. Below and above it caused completely different reasons as can be seen. With the beginning of 2024, the mismatch on the RSI side signaled that it...
Throughout all of social media and YouTube I've been seeing many people panicking if weather or not we have topped and should start selling. One thing that I've learned predicting mayor world events is to: always play it on the safe side when dealing with uncertainty. Instead of shorting the market, I prefer reducing my exposure, as short trades are extremely...
Consolidation below 106 will last until October 2024. Breakout will happen in October peaking at 111-112 followed by a retest (mid November 2024 - January 2025). Further upward movement + correction will happen in January-March 2025 between the top of 113-114 and the bottom of 105-ish. Consecutive HH and HL will be followed by rapid increase in pace of changes:...
Currently Dollar is expected to grow for 2 consecutive weeks up to the level of 107 followed by a cooldown period and classic correction ending in the last week of October 2023 at level 100-101. Starting from November 2023 Dollar seems to be having a powerful boost rising for 5 months up to 113 in mid March 2024. Something is going to happen in November, isn't it?
Today I would like to present to you my point of view regarding EURUSD - I expect huge upside move in a very short time, a similar situation on February 20, 2020 on EURUSD, will something be announced soon that will shake the financial markets?
Hello everyone, this is not a usual trading analysis. So don't take any trades from monthly levels, as you can't manage the risk at all. What you can see is my try to figure out how the DAX went through different states of price development and really interesting to see is, that every big crisis ended one phase and opened a new one. In my point of view we are...
Hut 8 Mining Corp ( NASDAQ:HUT ), a prominent player in the cryptocurrency mining industry, faces the harsh reality of the energy crisis as it announces the immediate closure of its Bitcoin mining facility in Drumheller, Alberta, Canada. The decision, driven by escalating energy costs and power disruptions, underscores the challenges confronting miners in today's...
The Sahm Rule Recession Indicator (white) is on the rise. Historically, a rise in this indicator has always signaled a recession and a corresponding fall in asset prices. How it's calculated: "The Sahm Rule identifies signals related to the start of a recession when the three-month moving average of the national unemployment rate (U3) rises by 0.50 percentage...
Risk strikes when least expected. Optimism peaks before a downturn strikes. Chart below shows remarkable spike in articles mentioning soft-landing before recession hits. Human brain is engineered to think linearly. Anything non-linear tricks the mind. Recession is non-linear which muddles up investor estimates of recession, its timing and impact. Count of...
USDT.D looks strong. Current correction should end in the next week at level 7.52% Last week of September will kickstart USDT.D's powerful rise up to 8.36% or even 9.23%. This rise will be followed by a healthy correction, which will end in mid October. Both scenarios Fast and Slow agree to show a radical appreciation of USDT starting from 16 October. Only in mid...
Price is expected to move sideways until mid October between 1T and 1.115T Starting mid October scenario is splitting into two: Optimistic and Realistic. End of October will show which scenario takes place. Optimistic scenario includes prolonged sideways movement until start of November and consequent steady growth until the end of 2023. Realistic scenario...
The safe haven currency. The boss no matter what anyone says. Something is going to happen, too bad for parities against dollars such as bitcoin.
First Republic stock plummets after revealing deposit exodus in March The stock of First Republic FRC dropped more than 43% Tuesday after the bank surprised investors and analysts by revealing an outflow of more than $100 billion in deposits in March. The disclosure made during the release of its first-quarter results on Monday afternoon raised new questions about...
Western Alliance shares pulled back from their session lows after the Arizona-based bank denied it was exploring a potential sale The Arizona bank described a report in the Financial Times that it was considering a potential sale of all or part of its business as “categorically false in all respects”, adding: “Western Alliance is not exploring a sale, nor has it...
Hello investors. I repost and re-edit my chart multiple times to be updated. Take this one as long-term based on daily time frame. I think, crisis ain't done and the worst will come yet. We can spot a lot of similarities with 2008, when Bitcoin does not exist. It is on SP500 chart. To make is simple I let bars pattern in chart as an example: It would happen very...
TVC:DJI globally will fall, because the Gann square of 20, built for the New York Stock Exchange indicates the date 2023 (reversal), and since on the monthly chart is now flat, and the market is at high prices, then a fall is more than likely. In 2024, a global strongest crisis is expected in another astrological cycle. There was already a similar crisis in 2008,...