Dont be greedy on IXICAs I posted IXIC price movement speculation a year ago or so, now I want to warn you this is only one of the possibilities. As we kno the price movement can choose only between two dirrefent directions. Either up or down. But now it looks too good to be true to me. But this time is different. With all the world situation and economic war between US and most of the worlds countries, media propaganda about big bear in front of our economy, europe automobile industry "cold". This is all the signt, that tells us be cautious. Be prepared to go at least "half-in" if the price starts to form higher lows on weekly chart. I Will give you updates about my movements and taught, what I think about this crap. See you down here eventually,
Wish you luck,
DonLobster
Economic
SPY- Bearish- UpdateJust posting a quick update on the SPY here as on Friday we saw a hard rejection of the 400 level. The SPY closed out the week reclaiming its 50-day EMA and is sitting right on it at the moment, however, it rejected the 400 mark multiple times on Friday. Additionally, a bearish ABCD Elliot Wave has fully formed on the daily timeframe accompanied with some bearish hidden divergence on the RSI. Seems as if this bearish megaphone is continuing to play out so will be treading lightly at the moment.
Lastly, certainly worthwhile to note the importance of the upcoming week economically speaking. This coming Wednesday there's the upcoming FOMC announcement pertaining to inflation and interest rates, followed by the Fed Chair Press Conference, as well as various other economic data of the likes of GDP data, and new home sales. Staying hedged & scaling into long-term buying opportunities. Just some FIB levels and RSI-based supply and demand zones to keep an eye on in the meantime - (Previous Charts Attached Below).
--Previously Charted--
THE NEXT ECONOMIC CRISIS IS IN FRONT OF USTo see what will happen in the economic world, we must look more broadly at what has happened, but in this analysis I will use technical analysis patterns to predict what will happen.
What happened?/b]
1. Gold is clearly visible in the cup and handle pattern
An uptrend followed by a cup and handle pattern in technical analysis means that the price will continue to rise at least it will touch the height according to the cup height.
2. The S&P 500 is already too high
After the COVID-19 pandemic which caused a severe crash on the stock market, it turned out not to be as bad as I imagined, the market was actually getting faster to an all time high level. It has gone too high and needs to be restarted again.
3. Bitcoin is still too high and needs a little correction
In the 10x rally that occurred in bitcoin in 2020 and then followed by a crash with a decline of more than 50%. But it turned out that bitcoin touched its all-time high again and fell again, but when I saw the bitcoin chart, it seems that bitcoin should need a long correction before rallying again.
Conclusion
By looking at some of the factors above and supported by various fundamental factors such as inflation that is too high, world wars are everywhere and several other factors, investors will move their money to safe heaven assets, namely gold which is supported by cup and handle patterns. At that time bitcoin and other cryptocurrencies will be slightly corrected, when gold has surpassed the all time high, bitcoin and other cryptocurrencies will immediately crawl up and touch their all time high.
I don't care about your laughing at this nonsense analysis. But this is my personal analysis that I share with you.
I am not a financial advisor. Thank you
10Y U.S Bond Yield Signaling Rotation from Growth to Value StockTVC:US10Y I'm just looking at the 10Y U.S bond yield to try and better pinpoint the overall macro conditions to expect for the equity market this year.
Based on my technical analysis, 10YUS yield is currently trading in an Elliot Wave 5 wave ABCDE pattern, it's inside a triangle that seems to also be the extension of a cup and handle bullish formation. The (D) pattern just reached the top of the triangle pattern, CCI indicator is also on the higher end which indicates the likelihood that this pattern will play out. Right now it looks like it's headed to the (E) phase of the pattern, which is the final phase of the correction before initiating a strong uptrend that could have the 10YUS yield reach 2% or higher (even potential of going pre-pandemic levels).
Fundamentals also align with my theory that bond yields will fall from here on until about March, which is also when FED is expected to reverse QE (quantitative easing). After the (E) phase of the EW has been reached, I suspect a massive breakout in bond yields, which can cause a drop in equity markets along with an overall sector rotation from growth to value stock.
$DXY dead men tell no tales*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
What's up guys! We are here to shed some light on this insane violability that the market has been experiencing these past couple of weeks. To start off, this upcoming "Santa Rally" that you may be hearing about is solely dependent on $DXY retracing to retest our trendline support. If $DXY were to however break through $97 resistance this week you should expect $SPY, cryptos, and even oil to fall.
The Federal Reserve FOMC announcement on December 15, 2021 is likely the catalyst that will either send $DXY back down to retest our trendline, or launch it through $97 resistance.
Please be aware that my team fully believes that the weight of the U.S dollar should dramatically increase within a few weeks regardless, and can only be delayed by an undecisive decision by the Feds temporarily.
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
15200-15210 is my post NFP target todayUS100 = 15,210
NQ = 15,200
Lots of liquidity building above current price, we just need a good NFP, unemployment and wages number today.
Going to sit it all out until after the Initial Balance and then see how much room to the upside is left.
Obviously a lot changes after Tier 1, so we cold possibly test yesterdays balance area that built before the US open, in which case I will probably sit out the remainder of the day
$SPYStock market news live updates: S&P 500 reaches record high, traders eye Biden's infrastructure proposal
Stocks jumped to record levels on Wednesday as technology stocks recovered losses from Tuesday's session. Traders digested the contours of President Joe Biden's infrastructure proposal, which would include trillions of dollars in government spending as well as new changes to tax policy.
The S&P 500 rose by 0.4% to reach a fresh record intraday high. The index's month-to-date gain came out to more than 4%, marking its best monthly performance since November. The Nasdaq outperformed, gaining just over 2% at session highs as technology stocks outperformed. The Dow hovered near the flat line. A day earlier, the Dow dropped for the first time in four sessions, and each of the S&P 500 and Nasdaq also declined. Shares of big bank stocks recovered some declines from earlier this week, though shares of Nomura and Credit Suisse added to losses as the lenders assessed the losses they would incur after the hedge fund Archegos Capital defaulted on significant margin calls last week.
Traders will be eyeing President Joe Biden's latest public address on Wednesday, which is expected to include details around his infrastructure plan for the country. The White House released a statement about the plan ahead of the address, noting that it would involve more than $2 trillion in total spending over eight years to help rehabilitate and build out the country's infrastructure, address the crisis around climate change and curb economic inequality. To pay for the proposal, Biden will propose raising the corporate tax rate to 28% from 21% for 15 years, and implementing other policies to disincentivize offshoring.
Wednesday also marks the final session of both March and the first quarter. For the year-to-date, small cap stocks as well as the cyclical energy, financials and industrials sectors – or the biggest under-performers of 2020 – have outperformed strongly, while last year's leading technology companies have lagged. This rotation has coincided with a faster-than-anticipated vaccination program in the U.S., as well as an influx of estimates-topping economic data. Wednesday morning, ADP reported that private payrolls grew by 517,000 in the U.S. in March, marking the best gain since September.
Still, however, investors have been nervously looking for signs that the stimulus-aided post-pandemic recovery is bringing with it an unwanted rapid rise in inflation. The latest march higher in Treasury yields, with the benchmark 10-year yield rising to more than 1.75% this week, has reinforced these apprehensions. But with these concerns now well-known, some of the next market catalysts will likely be around whether fears around fast-rising prices ultimately come to fruition, some analysts said.
"We’ve been on this ride probably for two quarters now where interest rates are really driving everything … We’re likely to still see interest rates continue to rise, which is healthy and normal and you’d expect to see that in a recovery," Tim Courtney, Exencial Wealth Advisors chief investment officer, told Yahoo Finance.
"But I think there’s going to be something else that’s going to start to take over here within the next month or so, and that is, the market is going to start to pivot from a recovery, say, interest rate story, to to see the proof," he added. "So I think that interest rates dictating the market behavior will still be a main factor, but earnings coming up for the first quarter and economic data are going to be top of the list items that investors are going to want to see."
—
4:03 p.m. ET: S&P 500 jumps to a record closing high, gaining 4.3% in March for its best month since November
Here were the main moves in markets as of 4:03 p.m. ET:
S&P 500 (^GSPC): +14.55 (+0.37%) to 3,973.10
Dow (^DJI): -83.83 (-0.25%) to 32,983.13
Nasdaq (^IXIC): +201.48 (+1.54%) to 13,246.87
Crude (CL=F): -$1.24 (-2.05%) to $59.31 a barrel
Gold (GC=F): +$22.00 (+1.30%) to $1,708.00 per ounce
10-year Treasury (^TNX): +2 bps to yield 1.7460%
—
12:42 p.m. ET: Stocks extend gains, Nasdaq adds nearly 2%
The three major indexes held higher in afternoon trading, with the S&P 500 trading at an all-time high. The information technology, consumer discretionary and communication services sectors outperformed, while materials, financials and energy stocks lagged.
Here were the main moves in markets during the afternoon session:
S&P 500 (^GSPC): +31.85 points (+0.8%) to 3,990.40
Dow (^DJI): +30.75 points (+0.09%) to 33,097.71
Nasdaq (^IXIC): +252.11 points (+1.94%) to 13,297.99
Crude (CL=F): +$0.36 (+0.59%) to $60.91 a barrel
Gold (GC=F): +$24.50 (+1.45%) to $1,710.50 per ounce
10-year Treasury (^TNX): -1.2 bps to yield 1.714%
—
10:10 a.m. ET: Nomura, Credit Suisse shares extend losses in wake of Archegos Capital implosion
Shares of Nomura and Credit Suisse added to steep losses on Wednesday as the companies prepared to incur major losses after Archegos Capital defaulted on significant margin calls last week. Credit Suisse's about 4% share price drop on Wednesday brought the stock's decline for the week to about 20%, while Nomura fell another 3%.
—
10:05 a.m. ET: Pending home sales plunged by the most since April 2020 in February
Pending home sales slumped last month as inclement weather and tight inventory weighed further on the housing market at the start of the year.
The National Association of Realtors reported Wednesday morning that pending home sales fell by 10.6% in February from a month earlier, marking a second straight monthly decline. Consensus economists were looking for pending home sales to fall by just 3%, according to Bloomberg data. Over last year, pending home sales fell 2.7%, not accounting for seasonal adjustments.
—
9:30 a.m. ET: Stocks open higher
Here's where markets were trading shortly after the opening bell Wednesday morning:
S&P 500 (^GSPC): +13.34 points (+0.34%) to 3,971.89
Dow (^DJI): +88.09 points (+0.27%) to 33,155.05
Nasdaq (^IXIC): +89.25 points (+0.66%) to 13,131.18
Crude (CL=F): -$0.41 (-0.68%) to $60.14 a barrel
Gold (GC=F): +$2.10 (+0.12%) to $1,688.10 per ounce
10-year Treasury (^TNX): -0.5 bps to yield 1.721%
—
8:30 a.m. ET: Private payrolls rose by 517,000 in March: ADP
U.S. private employers added back more than half a million jobs in March for the best gain since September, according to a report from ADP on Wednesday. However, job growth still slightly missed expectations, even as February's inclement weather abated and the domestic vaccination program picked up steam.
Private payrolls grew by 517,000 in March, ADP said. This followed a revised gain of 176,000 in February, up from the 117,000 previously reported. Consensus economists were looking for domestic private employers to bring back 550,000 jobs during the month, according to Bloomberg data.
The services sector again handily led the way in recovering jobs, with service-providing payrolls climbing by 437,000 in March. Leisure and hospitality industries made the largest advances, with payrolls rising by 169,000. Trade, transportation and utilities jobs also rose by 92,000, and professional and business services jobs rose by 83,000.
The goods-producing sector also posted net private payroll gains in March, with these increasing by 80,000. Construction and manufacturing jobs rose by 32,000 and 49,000, respectively, though mining positions edged lower by 1,000.
—
7:20 a.m. ET: Pfizer shares rise after company says its COVID-19 vaccine is safe and effective in children as young as 12
Pfizer (PFE) announced on Wednesday that data from its latest study showed that the COVID-19 vaccine it developed with BioNTech (BNTX) was safe and effective in preventing COVID-19 in children as young as 12.
The late-stage trial comprised 2,260 U.S. volunteers between the ages of 12 and 15. There were no cases of COVID-19 among those who received full vaccination, versus those who were given placebos, Pfizer said. The study has yet to be peer reviewed for publication.
—
7:15 a.m. ET Wednesday: Stock futures trade mixed, with technology shares outperforming
Here's where markets were trading heading into the regular trading day on Wednesday:
S&P 500 futures (ES=F): 3,951.75, +4 point, or 0.1%
Dow futures (YM=F): 32,899.00, -26 points or 0.08%
Nasdaq futures (NQ=F): 12,951.25, +73 points or 0.57%
Crude (CL=F): -$0.06 (-0.1%) to $60.49 a barrel
Gold (GC=F): +$1.50 (+0.09%) to $1,687.50 per ounce
10-year Treasury (^TNX): -0.7 bps to yield 1.719%
—
6:00 p.m. ET Tuesday: Stock futures tick up as overnight session begins
Here's where markets were trading Tuesday evening:
S&P 500 futures (ES=F): 3,948.75, +1 point, or 0.03%
Dow futures (YM=F): 33,939.00, +14 points or 0.04%
Nasdaq futures (NQ=F): 12888.00, +9.75 points or 0.08%
The end of the west is closeIf I had to make a guess I would say Bitcoin will top and crash in June, and the stock market will have its big Niagara falls in September and this will symbolically mark the beginning of the end.
It could happen later, the later it happens the worse it gets.
This info is easy to find, no need to list all my sources.
The population is getting older, and migrants will stop coming to support retirements
Yes the population of Europe is old, and it keeps getting worst.
Until last year, when China made its own economic/monetary zone any attempt at challenge to the USD was crushed. Since the fall of the USSR obviously.
A journalist that read Hilary mails wrote this:
"So do you think it would it be easier for the Obama administration to rally American support behind this 'regime change' by explaining how the French wanted to steal Libya's wealth and maintain French neocolonial influence over Africa - or would Americans respond better to propaganda themes about Gaddafi passing out Viagra to his troops so they could rape more women while his snipers targeted innocent children? Bingo!"
And the truth is always "conspiracy theory". Lmao western public opinion is mentally retarded I swear.
If I am correct back in 2017 Ghana president told france "gtfo" (politely), "we don't want your help anymore" and he explained that african migrants are like italian migrants of the last century, they'll stop running away as the countries grow, and they are growing.
In 2019 the same man called the african diaspora to bring back stolen wealth in front of Macron, called the African-European relation non-natural, and criticized the narrative of "poor desperate people running away for a better life". He reminds that 1/4 of Chinese investments that made it grow into what it became came from chinese migrants, sending money back home.
A link to the official page of the event by french "white house":
www.elysee.fr
Ghana president even said what I've been repeating for long! I love it! "We have to change the narrative about africa, and we can only do it ourselves. We have to get away from the idea that there is a father christmas somewhere that is going to come develop our continent for us." Lmao and tell this to western pro "free stuff".
Ghaddafi got killed for less than this but Akufo-Addo is still breathing.
The numbers are out there, the western population is aging, the working age population is in a downtrend, US & EU are desperate for working and taxpaying migrants.
I'm not sure if this covid lockdown thing made things worse, or if it is creating austerity, people still work and produce but they consume less.
Plus migration is a big ponzi scheme, their children are not integrated at all, all unemployed, and often small time criminals. So you got to bring in even MOAR migrants to also pay for the welfare of the previous migrant's children.
Debt and spending to GDP is ridiculous
As "leftists" have pointed out so much, inequality has been growing in the past ~60 years.
France spends 60% of its fake GDP. It's fake because they add to actual production government spending which produces nothing, they just tax themselves it's not real wealth.
Growth died at least 10 years ago, and what they pretend is growth now is actually just taxing yourself to spend your money and count it twice.
At least the USSR was honest about this...
If it was real wealth, and you know, west Europe was so much stronger than other countries, far above them, why would they need the US to defend them against Russia & Turkey? A vastly greater economy should have no issue defending itself, military power follows even if it is ignored.
You know what is funny about inequality growing in the past 60 years? It is directly correlated to government transfers (you know, of money, like welfare) :)
Of course, masterminds are asking for even MOAR of it! I guess 60 years is not enough time for the info to reach the brain.
60 years ago government transfers in the US represented less than 5% of americans income. In 2020 it has grown steadily (but exponentially) to 30%, ballooned a bit recently.
Now where did I see this number before let me think. Of right! Rome. Rome had no grain future market so prices fluctuated a lot, and the senate/officials bought futures from Egypt and when the price went up too much they covered the difference for those that could not afford bread.
Obviously as always it kept escalating and by 45 BC, 1 year before Caesar death the system was super abused (they'd argue that they had no choice LOL SURE).
30% of Rome was getting free bread (not just the difference in price), Caesar was aware this was just nuts and he cut this number in 2. But this did not save the republic.
Senators that abhorred Caesar and were unable to bipartisan impeach him after he crossed the rubicon, bipartisan stabbed him to death the next year.
And then it all degenerated into a massive civil war and 17 years after his death the Roman Empire was born. GG.
Michael Burry has also drawn parallels with Germany just before Hitler.
Bill Ackman which is famous for being VERY VERY VERY wrong AND stubborn when he is wrong, repeated his short bet like last year, but I think he is too early.
I now have access to american options, I will purchase some puts this summer I think.
China will collect its debts
China has openly panicked about their giant foreign currency bags, they are afraid they go to zero and they got scammed after working for decades.
last year they caused the big downtrend of the USD starting in the summer or even earlier but I think China started selling in summer, the downtrend against their currency is still going.
They cannot do this with the US (who knows though) but with Europe? Haha good luck grandpas. China will send an armada, put their foot on land and say "Can't pay? No problem, we'll take what we want".
They made it abundantly clear they were not going to bend over and let westerners literally scam them out of what was theirs.
They worked and exported for several decades, and they won't just take it with a smile and say "oh well tough luck", the debt owed to China will not magically disappear and let's all forget about it and just go about our day. I can guarentee this.
How delusional?
China will come to Europe, and they will take your monuments, they will take your bridges, they will take your factories, they will take your doctors, they will take your engineers, they will take your gold.
This may sound like a bad movie plot, exagerated or whatever, but it has happened. And it WILL happen.
Hey recently Elliot management vulture-man went to Argentina and tried taking their warships. But he is just a man. China WILL take Europe warships. China is not a solo billionaire dude. They will be able to leave with what they want.
This leads to war but it won't lead to war here, what will pathetic lazy sedentary comfy 60 year old west europeans do? Shut up and submit.
A grim conclusion, but each man for himself, if we prepare we can do well, and let them sort this mess. My destination will be England or North Africa. Good luck liberals.
The west is going to die. And it will all snowball. Their weakining will lead to more weakening. As they decline they won't be able to defend their interest so it will all fall apart.
This is all long term analysing, but what was predictable for decades is now becoming reality. And it might all start accelerating violently this very year.
If you thought 2020 was bad I got news for you...
The west won't be able to continue to enforce their ponzi currency the us dollar. It has even already began in asia. Huge news that went under the radar in maintream.
The west won't be able to continue neo-colonialism and the pillage of Africa.
The west won't be able to continue to spread propaganda.
The west won't be able to continue to suck in working age migrants to support their massive senior population.
The west won't have enough of their own population to be able to support their seniors.
The west will get a lost century like Japan got a lost decade.
The west non native populations will leave & those that stay rebel.
The west will get plundered by China that will take what is rightfully theirs.
The west will degenerate into civil war with the end of democracy as result, I don't know if the next government will be fascists but they will be called fascists.
No matter the turn of events, no matter what miracles happen, in any case there is 0 possibility to support all these old people, and they will die.
It is 100% impossible to give a high standard of living and good medical treatment to so many seniors. It's not socialism versus capitalism here. It's just maths at that point.
This is not sarcasm or an expression, they will DIE, in the literal sense. Like what happens when they get covid, but this will be like 1000 covids. They will DIE. DIE. DIE. DIE.
Those that made children will have kids to take care of them. Those without kids had "their fun" right? They did not want to waste years of their lives right?
Then isn't it normal if they die a few years earlier? Welcome to nature.
The UK might survive while France, Germany, Benelux, and Italy sink into this mess, the UK has always survived. No need to mention Portugal and Spain that are already third world countries.
What to do around Major Economic News?Generally, price action traders believe that price discounts every factor that may influence a security's price.
But you should Not Ignore Major (High Impact) Economic News Announcements like:
Interest Rate decisions, Non-Farm Payroll, FOMC, Crude Oil inventories, and so on...
REASON:
- If you did take a trade in line with the result of the economic news release you stand to make a lot more money in a very short period of time.
- But if your trade direction was against the news, you can walk away with all your profits wiped out or even a loss, and the loss can be huge because markets can move so fast during that period that your stop loss might not get triggered; so you end up losing much more of what you intended to lose.
WHAT TO DO?
As per my trading plan, I check the news calendar every Monday, and before the news release, I follow the table as per the picture above.
Always think in terms of Risk vs Reward.
For example:
I always target (+2R) double the stop loss size and let's say my trade is floating around +1.8R
If the news was in my favor, I would earn that extra +0.2R
But if the news was against my trade direction, I would lose the 1.8R
In this particular example
Risk (losing 1.8R) >>> Reward (earning extra 0.2R)
so I close the trade before the news release and book that +1.8R
All Strategies Are Good; If Managed Properly!
~Rich
AUDJPY LongThe Australian Dollar has seen strength against the Yen for the past couple of months and I expect it will continue moving into next week. The Aussie did well while some uncertainty loomed this week over unemployment numbers, the expectations were beat by .1% not causing much fluctuation in the pair. This isn't the main reason for this trade however, this is mostly a play on the Dollars continued recovery after also beating expectations this week. The contra-positive relationship it holds against the Yen makes this pair work in my favor as the Yen struggles against the dollar. The reason I don't just trade USDJPY or a different USD pair is to avoid too giving myself too much direct exposure to the dollar, as the Fed will be meeting next week, and I would like to protect myself from volatility.
WEEK AHEAD IN THE MARKETSTHE ECONOMIC CALENDAR
#INVEST.COM
Week Ahead
All times listed are EST
Sunday
18:50: Japan – Tankan Large Non-Manufacturing Index: expected to rise to -6 from -12.
Monday
21:00: China – Industrial Production: seen to edge up to 7.0% from 6.9%.
Tuesday
2:00: UK – Claimant Count Change: anticipated to soar to 50.0K from -29.8K.
Wednesday
2:00: UK – CPI: probably edged down to 0.6% from 0.7%.
3:30: Germany – Manufacturing PMI: forecast to slip to 56.5 from 57.8.
4:30: UK – Manufacturing and Services PMI: seen to edge higher, to 55.9 and 50.5 respectively.
8:30: US – Core Retail Sales: to fall 0.1% from 0.2%.
10:30: US – Crude Oil Inventories: to plummet to 1.424M from 15.189M.
14:00: US – Fed Interest Rate Decision: predicted to remain steady at 0.25%.
19:30: Australia – Employment Change: forecast to plunge to 50.0K from 178.8K
Thursday
3:30: Switzerland – SNB Interest Rate Decision: anticipated to stay at -0.75%.
5:00: Eurozone – CPI: to remain flat at -0.3%.
7:00: UK – BoE Interest Rate Decision: expected to hold at 0.10%.
8:30: US – Building Permits: to edge higher to 1.550M from 1.544M.
8:30: US – Initial Jobless Claims: seen to ease to 800K from 853K.
8:30: US – Philadelphia Fed Manufacturing Index: to drop to 19.0 from 26.3.
Tentative: Japan – BoJ Interest Rate Decision: expected to hold at -0.10%.
Friday
2:00: UK – Retail Sales: anticipated to plunge to -4.2% from 1.2%.
4:00: Germany – Ifo Business Climate Index: seen to edge to 90.5 from 90.7
5:30: Russia – Interest Rate Decision: predicted to keep rates steady at 4.25%.
8:30: Canada – {{ecl-65||Core Retail Sales: seen to rise to 0.3% from 0.1%.
overview to next week (fundemental)notice !! :(( the chart linked to this is just a funny view of chart so nothing to do with it ))
ok traders i was looking at next seven days economic calendar and my overall idea about next weeks economic events is that it may result in having a bearish trend on eur usd, its not like that it is completely bearish but a mixed bearish bias. other thing that i wanted to talk about is im completely lost in news and analyses , ive heard it can reach to 1.20 and mostly people talking about eur usd going up, however it is possible but i most believe it may go down thats just a feeling.
for final speech im a day trader and usually my trades wont last for more than 8 hours, so this weekly perspective to me just look like an extra information that you dont ever need :) funny enough with a good money management you dont need to be a god tir trader u just do what ever u feel for. good luck have fun trading !!!
Amazon's CollapseHow are giants/bosses defeated in video games? There's always a weak spot. Amazon's weak spot happens to be in its core foundation. This essentially means they're founded on demand-side economics. However, in the real world, the economy can only function off of supply-side economics. But with the role Big tech, the Deep state, the Liberal agenda, and all of these business tycoons are playing in our politics, they may be able to synthesize a false reality & force us into a Socialist state. That's a BIG "if" though, and in the end, nature ALWAYS wins. They may be successful at doing this in the beginning, but it will be short-lived and we will rotate back to Capitalism as it's the only way reality (on God's terms) works. A rotten pillar will always be a rotten pillar, no matter how much you bandage it up. And you can't buy an apple, without that apple first being grown. 1+1 always equals 2 and NOTHING can change that. The bigger they are, the harder they fall. Remember this a few years from now.
DXY US political developmentsUS political developments and their impact on the dollar :
Here is a principle for you to remember: The value of the dollar decreases during the Republican era and increases during the Democratic era.
Of course, this is done with a certain time priority after the elections. This is a long-term priority for the transition from Republicans to Democrats.
That is, prices will last until they form a reversal.
As I publish my analysis of the dollar index, Joe Biden has been declared the winner of the US presidential election with 290 electoral votes.
Do not forget that it will take time for the dollar to appreciate after the Democrats came to power!
And the price continues to decline for some time.
This means that the scenario you see in the chart is possible. And the target can be touched.
Of course, note that this is just an analysis and probability and a hypothesis!
But it can give us a good perspective on doing the right thing.
End of the world news N°16> Ubisoft recent game: includes evil organisation UMBRA with similar narrative & same symbol as BLM. That timing! 😂
***********************
Ubisoft, a really solid & smart company, with great user experience, that holds its promises, has great servers that work really well, treats the licenses it buys with respect and does not destroy them, has recently published a game at the best timing (need to release it for Q3).
So their game (phone game), a Tom Clancy game, 1 of the rare license that survived Ubisoft, contains a terrorist organisation called "UMBRA" that are anarchists.
The opening sequence of the game shows "peaceful protestors" setting fires and insulting and fighting police. Holding signs "power to the people". Behind the peaceful protestors there is UMBRA, that uses a black raised fist just like the BLM one. They also have some A anarchist imagery that reminds us of Antifa.
The company, that was already under fire for its corporate practices (not just towards clients but inside the company), has been called fascists and so on, even people working for them (or a branch) have run to their little keyboards to rage at Ubisoft.
I do not know if they made the game before 2020 and then just released it at the best time, or if they tried profiting of the news.
The whole situation is funny as much Ubisoft move as the angered reactions.
Some might say that if 1984 was published today it would get banned.
> Quebec & Australia to send anti-lockdown protestors & uncooperative citizens + families in concentration camps. 🤨
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Who could possibly have seen this coming?
"Liberal" (LOL!) Australia & Canada (Québec) are planning to send anti-lockdown protestors & uncooperative citizens to "secret detention facilities".
I think it is safe to call those concentration camps, or gulags.
Canada is already known for their ultra-authoritative handling of the situation. Both government and companies.
A plane fight in Canada (from westjet) got cancelled because a family refused to have their 19 months kid wear a mask.
The enlightened crew got angry and tried to force them to comply because "it is the law" (no it's not).
The flight got cancelled and the sheepish passengers raged at the muslim family, shouting islamophobic slurs.
So we can assume those people are all idiotic sheep, and think this mask is good, but on a 1 year old? Doesn't sound weird? How about 1 month? Where does their tiny brain go "dring dring"? Never? Most of us learned of 20th century gulags and concentration camps and how "if it is accepted man is capable of any evil", people were skeptic. Well craziness is happening now.
When I was a teen I always thought I would not fall for it. "He thinks he knows things". "He has superiority complex".
Oh ye? Here we are. And as predicted, call me arrogant they ARE beneath me. Pfff exactly as I thought, go figure.
Just wait, in decades. In hindsight "every one will have known from the start".
Pisses me off when I see lesser plebes laugh at "stupid primitives and middle ages" thinking they are better and not knowing history gets compacted.
The corrupt politicians that are about to fall have the support of the scared sheeple. The scared sheeple that try so hard not to touch anyone and stay far away.
I wonder how many of them are aware that we are basically in constant contact with all of the cold viruses.
How do they think people that spend time alone in the cold end up sick? Santa brings the virus to them at night?
The things I could show these hypochondriacs that would scar them for life :D
Did you know we all have nightmarish looking "worms" with plenty of legs that live in our eyelashes?
Your face is full of tiny arthropodes. Think of them as tiny spiders.
Do you often feel tickles in your eyebrows and need to scratch them? (:
Oh and take my word for it: Cook your meat. Well. Especially pork (or just don't eat pork).
They do not even understand the concept of external immune defences or even just basic probabilities.
> "Green" french mayor is cancelling the town christmas tree because of "the suffering of poor little trees". A sect? 🌲
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"Mass delusions". Sheep behavior. We call it "mode" in france. I think the translation is "fad" but not sure it has the exact same meaning.
So in france the greens have this long term fad and they keep pushing it further. "De la surenchère" meaning always pushing it further, always trying to be more virtuous than previously.
It really reached the ridicule stage. Euphoria.
Back in the late 1790s in France after the terror that followed the revolution, people needed to let go, and there were different fads, including the "merveilleuses", these ladies wore extravagant costumes and were inspired by pagans & ancient greeks.
They kept escalating it, and the craziest, er I mean coolest, ended up wearing full transparent dresses.
There is a famous engraving showing a blind man tearing the dress of one of these mentally stable ladies and her being shocked "oh no every one can see my behind".
That was the top of the bubble by the way. The movement started a "bear market" after the public (conservatives I guess) were outraged by the "liberal liberated" women or whatever they called them back then. Same old story.
The greens are at this stage. Even sheep have to start thinking "ok this is too much" right? As we know, with everything, "the market can stay irrational longer than you can stay solvent", so the greens can get crazier before the bubble goes boom.
French greens at the moment are fighting to find out who is crazier, and looks like Bordeaux mayor is at the top: he cancelled the town christmas tree calling it "a dead tree" and whined about the effect man has on nature.
I'm just watching this whole circus with my imaginary 🍿.
> Anti vaxxer hating & belittling democrats: Trump promoted a covid19 vaccine, so now they are anti vaxxers too. 😉
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Another big surprise kappa. Democrats, some of which have been leaked saying "we need to keep schools/the economy closed until the re-election", known for being very violent towards anti-vaccination people - some will remember how all "conspiracy theory" and "vaccine skepticism" was demanded to be banned from amazon.
Well as you'd expect Trump said he'd have a vaccine ready soon, and was positive about it so now obviously all democrats are strong anti-vaxxers.
"Oh noooes we can't have a vaccine this fast other ones took years". "Oh noes there might be secondary effects we should make sure before using it".
"It might not be safe". "Who knows what is in this vaccine".
Sounds alot like the type of narrative they worked so hard to censor.
I'm really tired of these animals. Why must Europe, EUROPE, across the Atlantic!!!, take decisions because "Trump said".
I'm not an American. I do not care what Trump said. Stop telling me how Awful Trump is. Stop taking decisions based on what Trump said.
"Trump talked positively about Chloroquine, quick let's ban it in France". "Trump is against lockdown, ok every one at home now and for the next 3 months".
"Oh its the elections in the USA again every 4 year, time for Europe to have BLM riots". "Trump farted, now farts are illegal punishable by death".
About time these babies got cut off mommy's milk and start focussing on their own countries.
Of course this election is more important to them, the outdated 1945 world order is over and these bagholders can't let go.
And it's easier to win a civil war/impose a dictatorship when you control a country nuclear arsenal, and the army but they won't have that.
Can burgerland kill each other soon? It's getting time for their regular civil war so please hurry up, and european countries can have their weaning.
> American ignorance: 20% of NY gen Z & millenials think jews organised the holocaust. 58% cannot name 1 camp. 🤤
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Back a decade or two ago Europeans thought Americans were fat lazy ignorant idiots. Stereotypes are bad. Nah just kidding this is true.
Fatmericans 18 to 39 of in New York have been asked a few questions recently, and oh is it bad.
Maybe they are complete neo-nazis, but from what I saw (Mark Dice interviews, television, you know... the internet) I think they are ignorant.
2/3 of them have no clue where France or the UK is on a map. 11% cannot even locate the damn USA.
There are so many stats like this.
28 percent of respondents in New York believe it is acceptable to hold neo-Nazi views (no idea what this means), hey so maybe they're fascists and not just ignorant?
In any case you can't fight "progress", and WW2 is far from memories and slowly disappearing.
There are 2 things here:
1- Young Americans are completely ignorant, makes you wonder what is in their head. No idea what the 4rth of July is seriously?
2- The old global liberal world order that was a consequence of the traumatism of WW2 is fading away.
The USA has had a civil or major war at regular intervals, I will make an idea about it. It's way too precise to be a coincidence.
Politicians that think "nationalism" or whatever is the only way for wars/pain to happen and that globalism is the ultimate cure to everything are obviously braindead morons that learned something by heart at school and are incapable of thinking for themselves (as their pathetic handling of the coronavirus crisis has proven).
> Ethiopia is printing new magic beans replacing old ones "to fight crime". Personal request: please call it "Birr Forte". 🖨️
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Ah, let's end on magic beans. Ethiopia, that have had a double digit official inflation (reality might be higher) for the most part of the last 2 decades, is printing 200 magic beans denomination bills. "For security reasons and to fight crime" lmao. "Hoarding". "Counterfeiting". "And other ills affecting the economy" Try not to laugh challenge failed.
Has nothing to do with being over-conservative, having a history of communism (74-91), huge corporate taxes and regulations, or their diversity system (the country is organised in an ethno-federal fashion), having one of the lowest economic freedom indexes, being in the bottom of the list of countries where to build a business, oh and making it straight up illegal for foreigners to do anything involving money (banking, insurance, investing...). Not exactly an "open society" as George would say.
What is interesting about this is that the population only has 3 months to replace their ponzi pieces of paper with new ponzi pieces of paper.
In today anti-racist world I feel bad mentionning this country. Why? Because of 1 fact I doubt 99.9999% of americans know: the word comes from ancient greeks. "Ethiops" (how it sounds not how it is written) means "burn faces" (because of dark skin).
We should cancel this country for having a racist name.
Here is the chart of their wonderful currency. Few countries are poorer & have a worse HDI than them. They used to be at the very bottom I think, but now they got a solid dozen countries that are even worse.
Other countries & history keeps showing every one how too much communism, too much conservatism, too much liberalism, too much pumping stocks even, and so on, is bad.
But hey, those small heads don't have the space to contain Miley Cirus lyrics AND all these complicated facts.
It's not every new generation (10-20Y) but every new GENERATION (50-100Y) goes through the same thing it seems.
And new kids (generation 10-20Y) repeat the exact same things as the kids before. It never ends. They were just born and have no clue but sure, they know everything, and have no hindsight bias at all.
And add to this clowns think "liberalism" actually means liberalism... And that's far from the stupidest thing they believe.
KEY ECONOMIC REPORTS TO PLAN AND PROFIT FROM TRADING INDICESOANDA:NAS100USD
A quick search for Actionable economic data results in overwhelming results leading to analysis paralysis.
Today we'll list some of the reports we watch out for and hopefully you'll profit from the same
1.Non-Farm Payroll
Top of our list is NFP Monthly report showing changes in U.S. jobs. Drives Fed policy and indicates economic growth.
2.Earnings Releases
Lists changes in earnings of publicly traded companies, which can move the market
3.CPI (Consumer Price Index)
Measures inflation or cost-of-living changes through average price of a basket of goods and services.
3.Federal Reserve open market operations
Indicates the buying and selling of securities by U.S. central banks as a tool of monetary policy.
4.U.S. Unemployment Report
Presents U.S. unemployment rate as percentage. Drives Fed policy and indicates economic strength.
5.FOMC (Federal Open Markets Committee)
Determines U.S. monetary policy and whether to move the key interest rate. Drives stock market movements.
6.Industrial production
Tracks change in monthly raw volume of industrial goods produced.
7.Inventory reports
Tracks changes in oil and natural gas supplies. Impacts energy prices paid by consumers.
"The stock market is not the economy"There is an increasing divergence between S&P 500 valuation and the U.S. national unemployment rate.
What are the most likely explanations?
GUESS Key Level Broken| Bearish Retest| Volume Climax Evening Traders,
Today’s technical analysis will be on GUESS, breaking major structural support and confirming a bearish retest,
Points to consider,
- Bear Trend (consecutive lower highs)
- Structural support breached
- Confirmed S/R Flip
- RSI oversold
- Stochastics in lower regions
- Volume climax evident
GUESS has been in an established bear trend with consecutive lower highs, a new local low has been confirmed with its recent wick down.
Weekly structural support has been breached; this is a high timeframe support, broken with convincing volume with a confirmed bearish retest. Bulls were not able to break above the now resistance – confirming the S/R flip.
RSI is currently oversold; a reversion back to neutral territory is highly probable. The stochastics on the other hand is in the lower regions, can stay trading here for an extended period of time, however lots of stored momentum to the
upside.
Volume climax is evident, signalling a temporary bottom is in; however this is likely to change due to the confirmed S/R flip.
Overall, in my opinion, Guess is likely to test lower lows upon breaking key structural support. This is also combined with the greater economic situation; the retail sector is largely hit.
What are your thoughts?
Please leave a like and comment,
And remember,
“Don't blindly follow someone, follow market and try to hear what it is telling you.” ― Jaymin Shah
xauusdThe ounce will certainly break its previous ceiling in the future between the period of 6 months or more, which will be increased by the deep global recession.
But now, with the emergence of the corona virus, its global price has risen, and the news of its destruction over the world gold price will certainly see a temporary drop.
The bullish and bullish targets for gold have been identified. Major and minor support and resistance have been identified.
Be successful and profitable