This continuation of my Plan Your Trade video series highlights the potential price rotation we'll see today with the big CRUSH pattern. Next week, I believe, will result in a substantial rally phase throughout the week of July 4th. Today's big CRUSH pattern will likely result in a fairly deep downward price move in early trading, followed by a period of...
OPEC, deflecting blame for the oil market crash, slightly increased its 2023 global oil demand growth forecast to 2.46 million barrels per day. The group's aggressive production cuts, aiming for $100 per barrel, face skepticism. Market bears challenge OPEC's strategy, selling consistently for three weeks. Questions persist about OPEC+ members responding with...
Soybean short swing trade: The Bollinger Bands width has narrowed to 2.56% of price which is a level not seen in over a year. A new 6-month or greater low in bandwidth indicates that a volatility squeeze breakout is likely upon us. Similar volatility squeeze situations exist in wheat and corn but they both broke to the downside significantly last week. Wheat...
The soybean crush spread calculates how much profit a soybean processing plant can generate by crushing a bushel of soybeans into soybean meal and oil. The profit margin is that profit number divided by the revenue which is the price of the meal and oil outputs. I prefer to look at profit margin as opposed to just profit as it adjusts for large market...
BANKNIFTY CRUSH FOR HIDENBURG CASE Adani Group's legal head Jatin Jalundhwala said Thursday: "We are evaluating relevant provisions under US and Indian laws for remedial and punitive action against Hindenburg." This is the reason for fall New Range 39600-40600
Hello, everybody! If you like the concept, don't forget to like and follow it. Ltc reached its limit in the ascending channel as it continued to rise.I anticipate a significant asset price decline once the price reaches the channel as the RSI and BB both indicate extremely overbought conditions (1H and 30m TFs). If you like my ideas, please like them and follow...
As you know, I have these setup 4+ years out into the future and continue to identify new RARE and UNIQUE patterns as time allows. I'm even up to 5~6 bar setups in some of them. Yet, next week shows a very interesting set of Cycle Patterns... 9-19: Inside/BreakAway 9-20: BreakAway 9-21: Carryover (Possible Reversion) 9-22: Inside/BreakAway 9-23: Momentum...
As the market has proven, there is nothing impossible, and we all remember the crush of Bitcoin since its inception, and there are some that the market took many years to recover from, so you must have a plan to exploit the market with all its possibilities … Let's see We all watch the bitcoin trend on the log scale and see how with every touch of the top we...
Technical analysis: Welcome to this quick update everyone, This was something unexpected. A 19% price drop from $52956 to $42900 is no joke, thats called bearish divergence played-out and A complete market manipulation. The drop in BTC price has certainly taken a bearish turn forming two important supports. Support 1 is at $46700 from where the BTC price is...
Like the previous parabolic grows, this one will also end soon at about 25000 USD pet BTC with another 80 % Crush with bottom at 5000 USD
A reading above 1.20 shows extreme bearishness among speculators and can indicate a good time to buy stocks for the short-term. A reading below 0.80 shows extreme bullishness and could indicate a good time to sell.
The crisis is not yet started. This is just a usual correction seen during previous crisis too. Bankruptcies during next months will result to further 50% crush an all stock markets. This is the last chance to sell.
All economical indicators and reports show that the crisis is worse than in 2008, that mean we will see in next 10 months the crush below middle average 200.
The price on the May futures contract for West Texas crude that is due to expire Tuesday fell into negative territory — minus $37.63 a barrel. That’s right, sellers were actually paying buyers to take the stuff off their hands. The reason: With the pandemic bringing the economy to a standstill, there is so much unused oil sloshing around that American energy...
Major U.S. stocks closed mostly lower on Wednesday. The Nasdaq closed up 15.16 points or 0.2 percent at 8,980.77, the Dow slid 123.77 points or 0.5 percent to a four-month closing low of 26,957.59 and the S&P 500 fell 11.82 points or 0.4 percent to a nearly three-month closing low of 3,116.39. On the economic front, the Commerce Department's Durable Good Orders...
DAX 30 | CLINGING ONTO SUPPORT The DAX fails to escape the equity carnage as the closes the week with losses of 2.9%. After the Fed provided an emergency cut, all eyes will be on the ECB as they look to announce a series of measures to aid the Eurozone. On the technical front, the DAX remains weak with bounces proving short-lived. That said, 11,500 has held thus...
Hi-Crush Inc., formerly Hi-Crush Partners LP, is an integrated producer, transporter, marketer and distributor of monocrystalline sand, a specialized mineral that is used as a proppant to manage the recovery rates of hydrocarbons from oil and natural gas wells. Its reserves consist of northern white sand, a resource in Wisconsin and limited portions of the upper...