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Bitcoin (BTC/USD) Daily Chart Analysis For October 23, 2021Technical Analysis and Outlook: As to technical analysts, the next drive higher will meet the target of Key Res $65,990, and retest of completed Inner Coin Rally marked the same. The downside support is Mean Sup $57,400 and Key Sup $ 53,900. However, the present fractal model suggests that the next significant target of interest will be the Impending Outer Coin Rally marked at $81,330 - Flagged by Trade Selecter many moons ago.
BITSTAMP:BTCUSD
by TradeSelecter
S&P 500 Daily Chart Analysis For October 23, 2021 Technical Analysis and Outlook The next drive is the target of the Inner Index Rally $4,650. The possible retest of Mean Sup $4,485 is mid of conformation: Aggressive buying is preferred at this level unless otherwise specified. The present fractal model suggests that the next significant target of interest will be the Inner Index Rally marked at $4,650, along with the future Next #1 Outer Index Rally $4,775, and Next #2 Outer Index Rally $4,925.
SP:SPX
by TradeSelecter
Bitcoin Will Drop... Alot. But it Will Rise Above the Ashes.Markets are going to keep going down in fear of Chinese real estate powerhouse Evergrande defaulting; Bitcoin will drop alongside it in the short term. My chart shows we may still rebound after we hit the 38k area. With that being said, if the Chinese housing bubble crashes, which represents 28% of China's entire economy, we will enter a global correction. Combine that with current inflation rates (6% on the year), and if this spending bill passes congress, we will enter a long term bearish outlook; which will shred BTC down to the 20K's in the short term as people liquidate assets in fear of them dropping further. That will be the ultimate buy opportunity, as BTC will serve as an inflation hedge long term, and only augments Bitcoin's use case - despite China working overtime to thwart the coin at every new opportunity it seems. The only chance Evergrande has, is if the Chinese government bails it out. But that will only alleviate things for a short time, a band aid. If that happens, and the markets rebound, im looking to liquidate my stock portfolio and hold cash. The whole world is looking at China right now...
COINBASE:BTCUSD
by Tokademics
Bitcoin (BTC/USD) Weekly Daily Chart Analysis For Sep 13 2021Technical Analysis and Outlook Bitcoin has been moving upwards since Sept 14 by breaking out from a Mean Sup $44,530 accumulation channel and accelerated. At that moment, the Bitcoin price is trading around weak resistance marked at $48,150 and is due to accelerate to our Mean Res $52,600 and Inner Coin Rally $54,550 . However, BTC’s recovery at this level will face stiff resistance, indicating that bears will be very active at this higher tier prices. On the upside, analysts remain bullish, as indicated on the August 9 chart and some other different fast-time charts that underline the bullish potential for Bitcoin. See the 'Weekly Market Review & Analysis For September 13, 2021" page at the usual site for the rest of the market story.
COINBASE:BTCUSD
by TradingSig
S&P 500 Weekly Daily Chart Analysis For September 13, 2021 Technical Analysis and Outlook The Spooz is currently in a downtrend. Forecasting a drop to Mean Sup $4,385 : a strong buy providing ample opportunity for loading-a-boat for resurgence to retest Mean Res $4,4 80 and follow through to Key Res $4,537. The subsequent significant outcome is Outer Index Rally marked at $4,626 to follow. See the 'Weekly Market Review & Analysis For September 13, 2021" page at the usual site for the rest of the market story.
TVC:SPX
by TradingSig
FITCH NEWS - TRADABLE MAINLAND REAL ESTATE INDEX - HKG - DAILYCool down on big news as we can see, by zooming out, that the increasing price have found strong resistance and started a durable wide range. The range is clear in this chart, the top is illustrated by the blue line and the bottom by the black line. The bleu line is a resistance tested multiple times , repeat failed attempts leading to a price fall and possibly weakening the uptrend chances believes. The red arrow shows probably where the biggest failure has happened. Mega high volumes and a nice wig. The black line represents a probably super strong support. Beware of fake breaks, it has happened in the past. The little dotted line shows possibly how the price is evolving trying to get out of the range. Fitch news has created an interest about what impact this could have globally. For the moment zooming out we can see that it is just lot of noise for not much as this level have been reached several times before and was expected. Now it is probably more convenient to observe this black line level and see what happen. High volumes involved would show a clear direction. Daily, Weekly, monthly : yes, but not to be observed in hourly. ______________________________________________________ Thanks for the like and shares, really appreciated! This idea is not a financial advice but just a sentiment.
SSE:H11143
by Diallo_Charts_Ideas
S&P 500 Weekly Daily Chart Analysis For August 30, 2021 Technical Analysis and Outlook Our Inner Index Rally of $4,545 was hit on Thursday. The Spooz is currently in a tight trading range, and we are awaiting intermediate confirmation of the trend. However, a drop to Mean Sup $4,469 is a strong buy and provides ample opportunity to load the boat for resurgence to retest undeveloped key resistance and completed Inner Index Rally. The subsequent significant outcome is Outer Index Rally marked at $4,626 to follow. See the 'Weekly Market Review & Analysis For August 30, 2021" page at the usual site for the rest of the market story.
TVC:SPX
by TradingSig
SPY vs Money Supply 2000-2021Pivotal events of the last two decades compared with the S&P and the money supply. M2 is a broad indicator that includes cash, checkings, and liquid assets such as money market securities and cash equivalents. Although M2 exploded 42% during the COVID pandemic, much of this money is locked up in FED REPO agreements and artificially inflated on the Fed balance sheet as indicated by the velocity. Velocity is an indicator of the speed at which a unit of currency is exchanged in the broader economy.
AMEX:SPY
by btimdunn
3
USDCAD Short by Chief MacroLikely a very unpopular call, but I think USDCAD ultimately fails here. My quick summary view of the dollar follows, but I will note that there is some event-driven opportunity to make some money in a USDCAD trade, with Hurricane Ida approaching Oil Production in the Gulf of Mexico (likely causing oil to spike). I have had the view for a couple of months that the dollar looks relatively weak ("accommodative") against the rest of the market. Despite a few bebe squeezes and the expected psychological volatility that comes with $DXY, I think the evidence suggests a lower dollar ahead.
Short
by ChiefMacro
USDCAD Short by Chief MacroLikely a very unpopular call, but I think USDCAD is a short. My quick summary view of the dollar follows, but I will note that there is some event-driven opportunity to make some money in a USDCAD trade, with Hurricane Ida approaching Oil Production in the Gulf of Mexico (likely causing oil to spike). I have had the view for a couple of months that the dollar looks relatively weak ("accommodative") against the rest of the market. Despite a few bebe squeezes and the expected psychological volatility that comes with $DXY, I think the evidence suggests a lower dollar ahead.
Short
by ChiefMacro
S&P 500 Weekly Daily Chart Analysis For August 16, 2021 Technical Analysis and Outlook The S&P 500 fell 2.5% on Monday, at one point in the week, and on Thursday provided us with Rinse and Repeated buying opportunity ( Mean Sup $4,368-Mean Sup $4,385 zone ). As specified on Weekly Daily Chart Analysis For August 2, 2021, the main target is Outer Index Rally $4,483 and newly created the Key Res $4,480 . The very low downside scenario is revisiting the ''Rinse and Repeat'' buying zone. See the 'Weekly Market Review & Analysis For August 16, 2021" page at the usual site for the rest of the market story.
TVC:SPX
by TradingSig
1
The inflation trade is not dead! It has just started.The inflation trade is not over. People's lives, in particular in the US, are about to deteriorate significantly. Or rather improve, with food getting more expensive and people forced to live more simple lives, more in touch with nature. The official measures and consensus will say deteriorate. Traders positions have bottomed in the strict sense, with the price "bottoming" but not really as the price bounced. If you look at the charts there was a similar price pattern recently You might say the price hasn't already taken into account the wage costs and workers not going to work because they get welfare. Or you might say maybe it has. At the same time maybe farmers are getting undeclared workers with all the migrants? Either way you know what? The majority of institutions and their economists have an irrational bias in favor of the government and I don't think they are fully pricing what they should be pricing. And since the dramatic events in Afghanistan that irrational bias in favor of has been hit very hard, so maybe now they can stop being emotional and start actually pricing things more correctly. Plus on top of that if the issue of minimum wage has not fully impacted the price well it will add additional fuel to the rocket ship. The US has reduced its oil output but recently it has begged the OPEP+ to increase their production and keep prices low. Maybe it will beg the farmers soon? There are a lot of farmers on below living wage here in west Europe especially France where the state says no no to scaling up "we want only small family businesses" but yes yes to cheap imports from huge industrial complexes in Romania. The price of Soybeans is close to ATH, but nowhere near inflation adjusted ATH. Maybe our local farmers will be able to have decent profits (the average is 14,000 a year I think, not even minimum wage, and not counting debts, and it's not a 9 to 5 job obviously there are no weekends), I will be glad if the price goes up. Not sure about how much they make they might be lobbying I don't know. And stdev is big of course. Volume is also at its lowest, was, until this week. The inflation trade has been forgotten, the herd has been reassured by the FED. No one is paying attention. This is the typical bear market bottom. Maximum opportunity. The herd (pros) will join when there is a breakout and certainty in the move and it's almost over (or not who knows). The herd of retail will never buy because they don't trade this so don't expect a bubble like sugar in the 70s, but who knows... The price of the lumber christmas tree has fully retraced! Maybe people that were holding off their house purchases are going to buy now. One the info reaches them I guess... The liars can continue their nonsense reassuring speeches, and gullible fools will eat it up, but factually the printing is way more important now than it was before. Before M1 went up 50% in 7 years, about 5% a year, and that was already a bit crazy and alarmed the perma bears such as Peter Schiff, it even alarmed bankers and bureaucrats writting reports for the government. But now it's going up 20% in just 1 year! Not counting the big covid increase here, I'm just measuring the small line at an angle of 37° shown here: The promises are wind carrying waves. The chart is where the real info is. It has been going up faster and faster for 20 years. It will continue until it goes vertical and collapses like the bubbling pyramid scheme it is. Peter Schiff called it! Their only way to get out of this mess is to print EVEN MOAR. Until it all blows up. Insanity is doing the same thing over and over again and expecting a different result.
CBOT:ZS1!Long
by MrRenev
Russell 2000 at a key point. Where is the market going next?The Russell 2000 (RUT) is at the lower support area of a bound trading range since February. Two key indicators already broke down this week. 1) The index dipped below its 200d moving average today. 2) The index is made up of small-caps, and the ratio of performance between small and large caps broke down this past week as well. It's either time for small-caps to head back up, or this could be the start of a lower move. Bullish: The US dollar strengthening for small caps is bullish. The 10y Treasury Yield remains low, keeping borrowing rates low for small, but growing companies. Employment data continues to strengthen, showing companies of all sizes, but especially small-caps across recovery sectors are hiring back employees to meet demand. Bearish: The Fed is talking about a possible start to tapering this year. There are indications that the economic recovery is slowing. Retail Sales were lower than expected. Manufacturing Indexes showed a slow down this week. Small-caps are the most sensitive to changes in direction for the economy.
TVC:RUT
by drewby4321
Bitcoin (BTC/USD) Weekly Daily Chart Analysis For August 9, 2021Technical Analysis and Outlook It seems there is no stopping Bitcoin after the cryptocurrency surged past our psychological Mean Res $46,580 mark, which held the coin captive for four sessions from passing this barrier. Next is our target Inner Coin Rally of $50,130, coinciding with a significant $50,000 Maginot Line . Will the price of Bitcoin increase to $50,000 this weekend? See the 'Weekly Market Review & Analysis For August 9, 2021" page at the usual site for the rest of the market story.
COINBASE:BTCUSD
by TradingSig
The Crisis every investor is waiting for. What you gonna do?There are several factors in the market that raise concerns. Each of which could have a huge negative impact on the economy and the stock market. Lets take a look at it to clear our vision. At least that is what I am doing. What factors could that be. Inflation Wage Inflation Money Supply Money circulation Housing bubble China Regulations China Currency Manipulation China Delta Variance of Covid/ The Warren Buffet indicator In this episode I only will throw my thoughts in for a few things The other items will be explained at a later time. I have a lot of other things to do. Trading is 90% research and only of 10% mouse clicking. Inflation . CPI, the consumer price index, and the PPI, the producer price index. Certain stocks do better than other in an inflationary environment. If inflation hits too high consumer spending decreases and hence the demand shrinks and hence the economy starts to stagnate. We can see that the inflation rate is slowing (red), and the y/y rate (blue) is flattening. But we will see next month. This is something to watch out for. Feds might start tapering earlier than next year. Image missing The Producer Price Inde x is at high a level and sitting there. This will only decrease when transportation, sea ports, can keep up with demand and if raw material and commodity costs will decrease. But this can take a while and I expect the PPI staying at this level for a while and hence costs will be past on to the consumer. Hence the Consumer Price Index will follow. Image missing Wage Inflation . We should also take a quick look at the Wages and what they say.We can see that wages increased dramatically since May 2021 There is a shortage of labor. Labor is a commodity as everything else and the price follows supply and demand. But do not kid yourself. A company has to make profit and the labor is part of Cost of Goods sold, COGS. The company MUST increase prices to balance the wages increases. Thus, you wont make anymore money when you have to pay more at the till for what you buy!!! Wages increases mostly never benefit anyone, not the worker and not the company. The company become less competitive and the Worker pays more afterwards. The ONLY method to increase wages is by cutting taxes because taxes are NOT part of COGS and has no negative impact on companies. Just the opposite. With more money in the pocket the consumer starts more spending and that benefits the companies and they will produce more and hire more people. You see? Think about it. Your wage increase is not worth a dime with inflation. And wages increases drive inflation up! Thats why we advocate for smaller government, less regulations and less government spending. Image missing Money Supply , M1, is the amount of Cash circulating the system. It includes the "Free Money" printed by the FEDs given out to people due to Covid. "Stimulus check". The day-to-day money like cash, coins and checking deposits. We can see that since Covid the money made a huge jump and supply still is increasing. There is an enormous amount of cash in the system but does it circulate? Also keep in mind that when people spend money and do not produce the demand increases but the supply decreases. Add to it the sea ports, transportation bottlenecks and the open jobs, and you know why inflation is increasing dramatically. Image missing M1V is the velocity of Money . This is the speed of money in the circulation of the system. The day-to-day money like cash and coins. How many times a Dollar changes hand in a certain time period. A higher circulation rate or money flow indicates a greater economic activity, money is changing hands quicker. A slower rate of velocity indicates a sluggish or declining economy. Interesting to observe is that with Covid the money circulation fell out of the sky. Yes everybody was laid off. But when you take a closer look the change q/q is still negative, which means the circulation of money in the economy is still slowing down even though at a slower rate! This means that with an increase in money supply at hand of people, we will see a decline in spending!! Not good for the economy. Give me the Retail Numbers. Image missing M2 Money Stock includes M1 plus savings deposits, money market securities, mutual funds. This is one way the FEDs trying to keep the cocaine going. They buy MBA (Mortgage Backed Securities) and Bonds from banks in order to create more demand in order to keep bond prices up and the yields down. The 20 year Treasury Bond ETF, TLT from Barclays, i.e. With this the FEDs keep the money in the stock market. The bond prices are going up when the FEDs keep on buying. But with buying Bonds the yield (interests) are going down since you pay more for the fixed interest rate, which means the percentage of return per bond is shrinking because the yield stays the same but the price for the asset rises. It is an inverted relationship to the TBT. Image missing In the M2SL supply we can see that with Covid there was an money injection. After the Covid the money injection accelerated and is increasing fast, more inflation. And we can assume that lot of this money is with the bank. You can walk into any bank and get a personal loan, because money is a liability for the bank, loans generating profits. We can further assume with all the said before that even the banks do not know in what tangible projects to invest. Where is the infrastructure bill going? There is nothing so far. It is all warm air from the Biden administration. Further reading at investopedia dot com Conclusion Inflation is on the rise and will stay. Wages wont go back to before pandemic levels. Costumers also will get use to paying more for some items, like gasoline, energy and transportation, vacation. The Producer inflation for raw material and transportation is also going up and will stay high for a long time. Inflation cannot grow for ever and at such pace. The Feds have to start tapering soon. Then they will firstly reduc3e buying Bonds and MBA, which will drive the yield up. This also will cool the housing bubble a little since the banks are now required to carry the risks they could push to the FEDs by selling them MBAs. Mortgages will be harder to acquire. When the Feds starting to taper, they will reduce the flow of money, which is not yet increasing anyway, as we can see, they will battle inflation. What is your wage increase of 5.5% this year worth when the inflation hits 6%? Nada. You lose money. At the point of tapering the institutions will start moving money out of the stock market due to risks! And they will put it into bond and or Gold. If there is a crises developing that will include China and the Euro Zone they will also start buying US bonds the USD will rise. This conclusion is preliminary. The housing bubble and other indicator will follow. Please be advised, I am not a financial adviser. I am not recommending any trades. I am just a crazy guy with a wild brain. If you want to see the picture to the story, you have to go to hedgingstocks.blogspot dot com
SP:SPXShort
by Option_Crusader
4