Global
We are now bullish on Coca-Cola Company (KO) The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company provides water, enhanced water, and sports drinks; juices; juice, dairy, and plant based beverages; teas and coffees; and energy drinks
We are now bullish on Coca-Cola Company (KO) . The stock trade above our Short-Term Model Down Trend Line in the direction of the Long Term Trend which is bullish.
I would like to design a Trend Continuation Strategy for this stock for our Global Proprietary Equity Fund with an allowance of four(4) times the Daily Average True Range ( 4 x 0.6810=$2.724) below the current price at $48.64 . This will give us an Exit Price of $45.91 if our bullish analysis is wrong.
This is a long term trade with four(4) price targets, four(4) entries and four(4) percentage(%) Risk. The entries will depends on price action at the support zones.
Price Target 1: $56.25
Price Target 2: $62.50
Price Target 3: $68.75
Price Target 4: $75.00
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Bitcoin $BTC: 3D, global chart, BitfinexHi everyone!
Let's see levels on Bitcoin, Bitfinex, 3d chart, logarithmic scale.
1. We clamped in the narrow range 3465-3600.
2. There is some liquidity of 3235 and we've got the S/R Flip level at 2900 (the important resistance that has become our support: we flew out of there in August 2017 and retested the level in September's squeeze, too quickly, but nonetheless).
3. There is a strong resistance level, where the main point is 4310.
4. The edges of the Bollinger are just around 4300 and 3200, the middle is 3700. The upper border has leveled off, but the lower is directed down, the price is trading below the middle of the channel, confirming the global downtrend.
5. I've marked a wide zone of downtrend in red. On a logarithmic scale historical trends are more visible and valuable. If we go into the red zone we can see a choppy price action, turbulence and likelihood decline of the price.
6. We'll see a breakout when the price goes beyond the red zone and, more important, if we consolidate above 4970 (because even if the downtrend breaks we could just grab the liquidity of 2017 September's highs).
7. 3D RSI and Fisher, are directed downwards, the MACD histogram goes down, hinting at the possibility of continuing the decline, however, MACD signal lines are directed upwards and are quite far away from the bearish intersection.
7. Positive:
+ Tom DeMark indicator shows 8th downtrend candle, which indicates the comming reversal
+ 8 HA bearish candles (Heiken Ashi) were formed and that's historically a lot
+ On the daily chart the price is clamped by a falling wedge
+ Price is forming an ascending triangle under resistance of 3500
Expecting More Rally For NowBidcorp is a broadline foodservice group with a geographic reach encompassing over 34 countries on five continents. Bidcorp, operating as Bidfood in most geographies, has adopted a decentralised model of management which encourages the entrepreneurial spirit contained in each of its businesses. Each business is directly responsible for its product range, its buying and sales approach. Businesses in the different regions retain their local brand, tone of voice, look and feel specific to local culture.
Technicals
We can see the impulse move on the left, indicated by the first blue arrow, and I now expect the second impulse to complete to my initial target level. From there is is possible that we may see a reversal and a larger corrective formation take place.
THE BIG EIGHT: Where is the world heading?In this screencast I review 8 important markets. There are some common levels and patterns of price movements. The India50 is the odd man (woman) out.
The forecast of a global recession has been made (not by me). This is related largely to global debt now standing at around $233 TRILLION US-Dollars and debt in America currently around $22 Trillion US-Dollars. The picture is complicated by trade tensions, political and other macroeconomic events.
Our inheritance is will be the result of a decade of ultra-low interest rates and quantitative easing (aka printing of money), now complicated by global geopolitical and macroeconomic issues.
Stock markets (and related indices) have a complex but important relationship to the Forex markets.
AMZN: News from India Could Help Complete the Top After a BounceAmazon was in the pre-market news today. India has put heavy restrictions on the e-commerce retailers, AMZN and WMT and others. The ruling affects many products that Amazon sells. India’s rules will bar retail e-commerce companies from engaging in an exclusive partnership with a seller. This could hurt Amazon’s expected revenues from India. This dominant e-commerce company hit Market Saturation in many of its primary global markets and was relying upon massive growth from Indian customers as a new revenue source. This new ruling from the Indian government changes Amazon’s plans abruptly.
The stock is in a topping formation that has still not completed yet. The stock dropped through support levels and then rebounded in a bounce up along with most big-name companies yesterday. HFTs are likely to react to this news soon. Support levels are shown as black lines in the attached weekly chart.
Nice Deep Price Divergence : Custom Global Market Cap IdxThis, my custom Global Market Cap Index, is showing very good signs of a market bottom setting up. We still have to wait for this bottom to confirm, but the early indications are that this move lower just before Christmas was likely a "washout" low price rotation that will prompt a decent price bottom setup.
I've been searching through my charts and my other indicators for signs that we have reached a near term price support level. I will be posting TWO charts today. This one and my Custom Market Cap Index (which is similar to the Buffet Indicator in some ways).
Get ready for a really great 2019 if my analysis is correct. The US markets are setting up in a very unusual "price anomaly" pattern that could prompt a 10~14% upside rally when this breaks.
Global Dow: GDOW Near Term Consolidation before further 2% RallyGlobal Dow GDOW
Same thing here.
Testing resistance, in fact it's now sitting just a couple of points above the next line at 2930.
It's going to push back up to 3000-3003 sooner or later, just over 2% on this chart.
Look to buy SPX or any major market either on any retest of the rising dynamic if we get to see it- or on further strength above 2935 on this chart looking for 3000-3003 range on GDOW and a further 2% rally to 2814-5 on the SPX.
Aurora trading on NYSE Aurora Cannabis is now trading on the NYSE under ACB
NYSE:ACB
TSX:ACB
NASDAQ:CRON
TSX:CRON
NASDAQ:TLRY
NYSE:CGC
How could you have avoided the drop in the stock market?For many conspiracy theorists familiar with the cover of an edition of The Economist from 1988, the 10/10/2018 is significant for being the date when a new world currency will be ushered in. It seems instead the date that traditional stock markets come tumbling down, with DJI down 1,300 points over the past two days and many other stocks following suit.
China's 100-basis-point cut to their reserve requirement ratio is likely to inject about 109B$ into their economy and could devaluate their currency, thereby allowing China to make goods and services cheaper compared to the US. This could be a sign of China struggling against the US's aggressive trade policies. Any rattling of their economic growth is likely to effect markets globally, as it's the largest developing economy at the moment.
Not only this, but the Fed's decision to raise interest rates means that the rate of borrowing goes up which dips into the bottom line of companies that need to borrow to finance growth.
Higher rates restrict economic growth. This has made investors wary of markets at the moment and could be seen as reasons for the decline in the market. Saying that, it's too early to know whether or not we're officially in a downturn.
Anticipating, and acting, on this news is difficult and risky. It's hard to beat markets with this tactic. The big moves always happen after the fact, but the smaller movements in the markets beforehand create ripples and divergences that can be spotted quite easily with algorithms. -=Simplicity=- God Complex is one of those algorithms that anticipates big movements as opposed to reacting to them.
The chart above details the last 10 months of price-action against the DJI and if we assume an initial 10k trading position and compound the returns, then these are the results. These trades are without leverage too.
1st trade: +9.3% / 10930$
2nd trade: +5.73% / 11556$
3rd trade: -0.46% / 11503$
4th trade: +0.46% / 11555$
5th trade: breakeven / 11555$
6th trade: -1.22% / 11416$
7th trade: -1.01% / 11302$
8th trade: -0.88% / 11203$
9th trade: +1.23% / 11341$
10th trade: +0.65% / 11415$
11th trade: -0.24% / 11388$
12th trade: -0.9% / 11286$
13th trade: +1.54% / 11460$
14th trade: -0.94% / 11353$
15th trade: +1.18% / 11487$
16th trade: -0.44% / 11437$
17th trade: +1.83% / 11646$
18th trade: +4% / 12112$
That's a return of 21.12% with the biggest loss being recorded at -1.22%. If you had of bought and held, you would have made about 5%.
Don't react to news. Act before it.
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docs.google.com
GBPCHF POTENTIAL LONG OPPORTUNITY GBPCHF POTENTIAL LONG
1D Chart:
*in the previous day buyers had showed us very strong interest in this pair
*GBPCHF attemted to make a new low but was a fakeout caused by the buyers with STRONG momentum, showing strong INTEREST
*wait for a weak pull back down into structure around 1.2600 area for more precise and better entry
-remember we never just want to chase trades!
4H Chart:
*on this timeframe we had seen a very strong push to the upside breaching structure
*look for an inside return on this chart, make sure the sellers are weaker then the buyers
-this will show us that the buyers are in control, which is what we want if we are looking to go long :)
Remember to ALWAYS have a trading plan and a disciplined approach when coming into the markets. Having a plan and staying true to that plan is key. Make sure every trade is a strategic business decision and is in high probability for your favor. Make sure to always use proper risk as well never risking more than 2% of capital per trade !
Keep and eye out for a weak re-test if we get one and continued interest by buyer on the re-test of recent significant structure!
Cheers!
GJ SHORT ANYONE?! +300 PIPS?!Guys I believe that we've got a probable trade on GJ.
I've entered around 146.888 , I believe that we could potentially see prices shoot down to lows of 144.500/143.000 .
I'm expecting some turbulence around the 146.000 Zone , however if we shoot pass this region. We could potentially see +200 pips on this trade.
Let's wait and see!
TP: 144.500/143.000
ASX:MGG Magellen Global Trust 39 weeks ascending triangle breakASX:MGG ascending triangle break out
Target $1.9750.
Stop loss: $1.650
A break below $1.60 will invalidate this bullish view.
Updated Global Macro Dashboard Bonds and Notes BullishNew week, updated the dashboard.
Swapped out Commodities and Emerging Markets for Dow Futures and Eurodollar futures.
Bonds and Notes looking bullish here, the biggest surprise to everything and everyone would be a bond price rally (rates dropping). Everyone is expecting rate hikes, like nearly 100%
Will generate a trade idea this week for bonds or notes. Once this trade (if) takes off, Eurodollar is how I am looking to express it.
King Dollar holds on 7-23-18Friends, as we can see here, the dollar index has been trading in an ascending range for some time now. This range is becoming tighter, narrower. At some point a break of either trend line will occur and the result is likely to be a long and very profitable move! Stay tuned
Back to the basics...again.My posts are going to continue to be really simple because I believe in fundamentals and I believe in the long term. My first chart shows how no change happens if we simply recover by the end of the year. The chart won't change much if we go into a full on downtrend and lose even more market cap as well. Some people will continue to hold and some people will continue to short-sell, but it's still of no consequence.
The second chart shows just how much a newer high changes over all perspective. If we establish $25000 by years end you can see that what I call noise begins to minimize more and more.
The third chart shows that in the long run that if the market continues to grow, all of this up and down from January to May will be nothing to even mention other than it was a historic year in the continuous evolution of cryptocurrencies. I stopped only half way into 2019 because the bottom line becomes more and more non-existent.
Now the parabolic line that I've created should actually be considered part of a bell curve. If you believe that these new currencies are in the infant stage, then guess what, this bell curve is barely starting which means we have a long way to go up before we even consider it falling. A lot of people say that crypto won't be around or bitcoin won't be around in 100 years. So let's say that we are 8 years into a 50 year peak. That leaves us 42 year of growth before we actually start a decline. Even taking into account the slowing of growth at the end that leaves an easy 20 years of consistent exponential growth. 20 years at even 300% growth is maddening.
On the other hand, if we are on a 20 year cycle and we are almost at the peak that mean we will see slow growth till 2020 and then we start our decline. Because we still haven't reached our final coin in mining of bitcoin I don't see it ending that quickly. As far as pre-mined coins go, they might be a great indicator as to what will happen after the last coin is mined. Hopefully failure isn't in the cards.
Last of all, let's say that there ends up being a coin for every country in the world and by some miracle we have shifts in GDP and wealth gap so that all coins become equal. Very unlikely scenario I admit, but using comparative advantage and looking as to how with the right incentive, we might actually be able to pull this off, let's take a look at global GDP. Divide it by 100+ countries. This would give us a baseline of what we could see in crypto-growth for any given coin. I'm not going to attempt that calculation this post, because I'm sure it will be really controversial and a lot of people will criticize it, but I'm planting a seed for thought.
Hope my wild ideas are reaching a few people in the end. Till next time.
GDOW: Global Dow Step UpGDOW Global Dow (USD) Step Up
The Dow Global has made a similar pattern to the Dow itself with a double bottom at 2970,
the second bottom picking up the longer term parallel. Since then it's got itself trapped
within the same triangle formation we see on the Dow, still using the lower parallel as
ultimate support on down-side tests.Whilst it continues to do so the longer term trend
remains in tact.
This index has behaved in text-book fashion as the great rally progresses, with each
decline being arrested by the previous high, and moving North in a series of steady steps.
The next big test comes on the next touch of the falling dynamic (which defines the upper
boundary of the triangle formation).
At some point soon this challenge will arrive - even if it gets rejected again one more time
this rejection is likely to be the last and should be short lived if we do see it happen first.
Once it does so it should rally with all world markets to 3109 and consolidate there awhile.
A break above 3110 would in turn be the next near term bull signal for world markets in
general, opening the way for a rally back to the ATH at 3322.
This has, so far at least, been a very reliable confirming back-up signal for other major
markets across the globe.
When it breaks higher it's therefore the confirming signal to get long of your local market too.
We're looking at a 10% average rally across all major stock markets when it triggers.
Yours might do even better ...
Be lucky.