D-DJI
Stand or fall, state your peace tonight!I can't predict the future, unlike many of my fellow traders. However, I know a bad weather setup when I see one. Have a look/listen.
I don't like what I see. I see storm clouds gathering. I see delusional pumping of a market. I see a deep disconnect between reality and sentiment. I see momentum falling off.
But make no mistake - I do not underestimate the power of the FED to pump! The FED's so-called 'balance sheet' has gone wild and is set to go orbital, in a do-or-die attempt to save the economy. They have the power to print - and oh boy, they're gonna print! The balance sheet can easily head upward of $50 Trillion. This means the market could do a 100% retracement, from 23 March 2020.
Along the way people are gonna wake up to " What's the value of money? ". This could send Gold into orbit as well - but if the market crashes don't expect too much of Gold.
What's keeping this market up? FED cheap money for sure - and the FAANG stocks. That's about it.
Fundamentals are about reality. Sentiment and technical analysis are the fantasy (which we normally exploit). What happens when reality catches up with fantasy? PAIN!
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
StockMarket Update : Bubble Reaching a Possible Momentum LimitHope this idea will inspire some of you !
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Kindly,
Phil
Code used for marketcaps :
// This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org
// © PRO_Indicators
//@version=4
study("Top5 Cap")
cap(asset) =>
tot_shares = financial(asset, "TOTAL_SHARES_OUTSTANDING", "FQ", barmerge.gaps_off)
tot_shares * security(asset, timeframe.period, close, 0, 1)
top5 = cap("NASDAQ:AAPL")+cap("NASDAQ:MSFT")+cap("NASDAQ:AMZN")+cap("NASDAQ:GOOG")+cap("NASDAQ:FB")
plot(top5)
They have money to burn - you do NOT!FED-backed pumping or rather re-pumping of the popped bubble, has taken the DJI to unexpected levels. I think they're making the same mistake all over again.
Have a look. No predictions. I don't do predictions. Tough.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
dow jones analisis visión corto y largo plazoEl dow jones industrial en la sm200 muy cerca, aquí en 26290, proximas resistencias 78.6 fibonacci y onda 2 de menor grado en 26800/27200 si esto es un bulltrap debería terminar en esta zona, sino seguiría la onda 5 mayor desde el 2009 un análisis de corto y de largo plazo en el índice más antiguo e importante de Estados Unidos, donde son pocas 30 pero más balanceadas no tanto tecnología.
#US30 #DJI Weekly Top Down AnalysisTraders, US30 has come to our potential reversal zone. Now we are watching this market for short opportunities. Here is my weekly full top down analysis.
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Traders! if you like my ideas or have your own ideas to share on this market, comment below so that we can discuss.
Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#US30 #DowJones Weekly Full Top Down AnalysisTraders, Here is my analysis on DowJones Industrial US30. This has gone side ways but soon it may start moving little higher to give us a good short position. The overall bias on this is bearish.
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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Second wave or no wave - the choice is yours! Just have a look. I present a case for probability south on the DJI (Wall Street).
Reality is catching up.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
El Dow jones no puede con el 61.8 de recorte de la caídaEl dow jones, se ha mantenido sin poder superar el 61.8 de fibonacci, existen otros índices que tampoco, el sp500 se mantiene marginalmente arriba, el nasdaq bien arriba, pero la mayoría de los otros debajo para seguir considerando B) o 2) el rebote.
DJI 1930s vs NOW - Fractal Repeating Itself? Eerie similarities in price action from 1930s is looking too close as to whats happening now and given that this economic shutdown is one of the largest in history, the damage might be quite similar, provided the last time every single industry was in shambles was 1930s.