Nasdaq: The Sun is Shining ☀️☀️☀️There is little that we can say about the Nasdaq, other than it is developing quite well. The index was able to distance itself from the support line at 12609 points. If it manages to stay away from this line, we do not see any reasons for concern. Primarily, we expect that the index will continue its bullish run and reach a zone between 14357 and 14538 points, before corrective movements set in.
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NASDAQ: Nasty Nas! 📼📼📼The Nasdaq is still struggling to find a grip and build up a strong impulse. In our primary scenario, we expect it to further drop below 12609 points before pushing for a strong bullish run. The next target here is the mark at 13287 points. However, the Nasdaq should not fall below 12207 points, in order to avoid a major sell-off.
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Silver: Wait After WaitThe last couple of weeks have been relatively tiring as we are desperately waiting for the silver to make a move. This market is developing very slowly. Our expectation is that we will see declining prices for silver, as we expect it to move under $24.04. Somewhere around $22.23, we should see a short correction before the price gradually moves under $20. As long as we stay above $24.04, however, there is a 35% chance that the bulls take over and push for new highs above $30.35.
Patience pays off!
Ethereum: A Fierce Battle! ⚔️⚔️⚔️For a long time, the bulls have dominated the ETH price, but the bears try to strike back. Although we primarily hold on to our expectation that the price will increase and move well above $2037, there is a pretty high probability of 45% that we might face a greater correction, once we fall under $1658. In that case, we would expect Ethereum to also fall under $1445. So, as long as the price remains above $1658, the bulls should be able to win this battle.
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Xpeng: The Next Big Thing? 👽👽👽You all probably came across statements like: “If you invested just X amount in 20XX, then today you would have …”. Guys, don’t worry! We found the next big thing! After its peak in November, the Xpeng stock steadily declined, and people were quick to put it as an “all hype” story aside. We, however, expect it to turn around within the target area of $15.93 and $28.44. From there, we expect the stock to skyrocket to somewhere between $121 and $131.
Don’t miss out on this one, guys!
NASDAQ: Sale, Sale, Sale! 🆙🆙🆙When you want to buy your favorite shoes, do you buy them when they go up in price or when they are on sale? The answer is pretty clear, huh?! If you ever thought about entering the NASDAQ on the long side or want to stock up your positions, then the right time will be between 12422 – 11575 points. Here, we have identified a trading zone, which we expect to function as a point of departure to tackle the threshold at 13901. However, the NASDAQ should not fall below 10942, in order to avoid a further decline.
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WTI: Oil on FIREEEE! 🚒🚒Simply incredible! We have always been very bullish on the oil market, but what happened here is simply incredible. Another huge run and another big push over yet another threshold. This time, we are above $63.81 and we can reasonably expect WTI to hit an area between $67.57 and $69.84, before any correction sets in.
Don’t burn your fingers!
Gold: The Time Has Come! ⏲️The big bag is waiting for you, guys! Already 5 months earlier, we predicted that we are going to hit the target area between $1722 - $1606 and guess what… it finally happened. 😉
We still expect the gold price to drop a bit further to the area around $1640, but theoretically it could also skyrocket from here on. Either way, entering the gold market now can be quite lucrative, as we expect the price to rise significantly from now on.
Don’t miss this opportunity!
EUR/TRY: Underrated Paradise 🌅Turkey is mostly known for its long history, culture, amazing cuisine and for stunning landscapes, but we have found out that it is also a great place for investments! As we have indicated in the chart, there is a trading zone between 8.630697₺ - 8.145568₺, in which we have entered this market on the long position. We expect the course to further increase sharply. Since we have only recently left the trading zone, there is still time to hop on the moving train!
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NASDAQ: A New Bull in Town! 🐂We are proud to announce that we have added the NASDAQ to the markets that we are covering with our analyses! Accordingly, we are excited to start right off with an analysis on the current situation and we more than happy to see another bullish setup among the many others that we constantly monitor. Our primary expectation has a bullish orientation that will bring us above 13901 points at first, but our target for the NASDAQ is to reach regions beyond 15300 points. Only if we fall below 12662 points, we may see an alternative scenario (currently a 35% chance) taking over and pulling the course down to around 11503 points.
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DAX – A Powerhouse in the Making! 💪Over the last couple of weeks, Germany’s lead index had a particularly hard time getting above 14123 points. In the course of a general weakness in the markets, the course moved away from this threshold. We expect the DAX to continue to decline a bit further until it reaches a region around 13489 points. After that, we are all set to tackle new all-time highs above 14123 points! What is important here is that we stay over 13288, in order to avoid further deteriorating courses.
Trade, trade, hurray!
Ethereum: Don’t Panic Now! ⏳A lot of people in the cryptocurrency market are relatively new to the game of investing – and it’s amazing! However, price drops, like the most recent one, are not a rare occasion and you will face many of them. It looks discouraging at first but stay strong! We all have been there. For Ethereum, we have identified a target area between $1378.62 and $1175.30. From there, we expect Ethereum to skyrocket once again. However, in such a volatile market there is a 40% chance that we might experience further declining prices below $1649.
Stay positive and happy weekend!
Gold: Friendliest Bear Ever! 🧸Some quite some time, we have seen a decline in the gold price, and we convinced that the bearish trend is going to continue. A couple of months ago, we identified a target area (marked with the cute bear circle 🥰) between $1722 and $1606. Once we fall below $1767, we have good chances that we approach this area soon. The reason why we are so hyped up to reach this area is, because we expect a massive – and by massive we mean reeeeally massive – turnaround which results in the gold price pushing for new highs. Having such a profitable outlook, we can’t wait for the price to approach the target area!
Bear, bear, hurray!
GBP/USD: Is this the end? 👀The British Pound gained much value against the USD and rose all the way up to the yellow target area. That being so, we believe that the green wave 5 is completed. From here, the Pound should lose value again, bounce back and then move further down, as it is indicated in the chart. As long as we stay above $1.3483, we do not see any dangers for this scenario.
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Amgen: Ready for Take-Off? 🚀As we have predicted, the Amgen stock has decreased and entered the green box between $242.09 - $223.78. From here, we expect the stock to jump over $276.69. For this primary scenario, we have calculated a probability of 68%. In order not to endanger this scenario, the price needs to stay above $218.97. Below that mark, there is a 32% chance of a further drop all the way down to an area around $187.02.
Happy trading!
Turkish Delight! 🧿The Turkish Lira has recovered heavily from November onwards – well, in relation to the catastrophic losses of the last years. However, this recovery should be over now. As we have landed in the target zone between 8.630697₺ and 8.145568₺, we expect the Euro to come back and valuate against the Turkish Lira. Here, we expect to get more than 10₺ for each Euro in the future.
Happy trading! 💶
Bitcoin: Not done yet! 🤑We are pretty much used to new all-time highs from the Bitcoin and yet again we are extending the current peak. The current movement should turn around into a correction at somewhere around $57,000 and move back to somewhere between $47,445.10 and $44,539.60, indicated as a yellow box. From there, we are expecting another bullish run!
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SP500: Last Chance?⚠️The SP500 took a considerable dip today and is about to crush through the support line at 3884 points. We remain positive that the SP500 will bounce back and that it will decline a little bit later. As long, as we do not fall below 3816 points, there is little to worry about. In the long run, we stick to a bullish setup.
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ETH: Approaching Launch Pad! 👽Ethereum is still hot and it is continuing to stay hot. The hype around Bitcoin’s little brother is real. If you are looking for a chance to hop on the train, you might have a chance pretty soon. We believe the price will drop to the target area of $1620.03 and $1541.55. From there we will continue to see a highly bullish run. But beware: it might well be that Ethereum starts soaring again without taking the long route.
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Dow Jones: Next Chance Ahead? 🌟The Dow Jones remains consistent and continues to push for new heights. Also in the mid and long-term, we believe the index to further increase and perform well. Hence, we thought it would be useful to identify an imminent potential entry point. We expect the Dow Jones to finish its third wave at slightly above 31700 points, which is then followed by a smaller correction. Then a bullish wave 5 should peak at slightly below 31900 points. After that we expect a larger correction to set in and pull the curve down between 31103 and 30875 points. Here, we see a nice chance for long positions.
Let’s see what happens!
EUR/USD: Euro Training! 🏋🏽You probably remember Terry Crew’s unique training program: Euro Training! In the context of currencies, the Euro might become similarly strong towards the USD. We expect its value to increase to somewhere above $1.26. However, it is very important now to stay above $1.19201, in order not to endanger this scenario.
Keep training, keep trading!
WeedMD: Smoking Hot! 🔥After a long time, the cannabis stocks are finally living up to their potential. They are currently jumping through the roof. For WeedMD, we see this trend continuing! The most important mark is at C$0.23 which should be left far behind from now on. Believe in the extreme growth potential of this stock in the future.
Stay trading!
Organigram: Getting High on the own Supply! 🚬🍁Cannabis Organigram violates this important street rule, as it soars to incredible heights! No worries, this is not a one ‘hit’ wonder, but we will see its price on much higher levels from now onwards. As a next step, we expect the price to drop between $4.93 and $5.75. After that, we can roll the next one and get even higher!
Enjoy responsibly! 😉