Up as Expected 🚀📈 #SPX #ReTest SPX getting rocket fuel 🚀 from Tesla investors and other investors as the countdown begins until Tesla joins SPX500 this December.
I made a chart under the 4hr time frames of SPX yesterday with plans and the prediction went exactly as predicted 🧙🏽♂️📊
Expecting a bottom to be formed on this new breakthrough and will look for a possible long if supports holds up for a new lower high.
Pips to be caught ❕
Investors
THE NEW GOLD - WAITING.There is a new gold in the world. Yes - that's right! Most people don't know about it. It's lying dormant and about to take of, in my estimation.
In this chart I show - mainly for investor interest - 5 graphene stocks. Nobody seems to want them at this point in time. But what do you know about graphenes? Most people know nothing. For total transparency, I have no pecuniary interests or investments in these companies (as yet). In keeping with the house rules I am promoting none of these highlighted. This post is largely educational.
Well, for electric bikes and cars, to aeroplanes that are on the horizon - graphene, a super-powerful and versatile material, is about to rise in demand. If you're a serious investor, you'll be jumping on the net to search the several uses of graphenes and technology developments.
Let's step back a bit. In the midst of the COVID crisis, we saw the rise of tech, biotech and game industries. So think - what's gonna happen after COVID? The world is already moving swiftly away from petroleum based energy sources into renewable energies and the rise of 'electricity'. All this is likely to accelerate. Do that research.
A few new developments are:
1 - Graphene batteries
2 - Graphene super-capacitors that will enhance current Lithium batteries, prolonging their life by up to 4 times.
3 - A new range of graphene conductors.
4 - Super-strong materials made from graphenes.
There are dozens and dozens of graphene stocks lying dormant at this time. My job here is not to make any recommendations or give advice. I'm only raising awareness.
Once COVID is either conquered or controlled, investments into uses of graphene are expected to rocket.
As you can see in the recent price fluctuations, interest is beginning to bubble in these stocks.
Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Gold Price Analysis after Trump contracts coronavirus The world is in shock after President Donald Trump tweeted that he tested positive for coronavirus. Stocks markets fell, and gold finally broke free of the correlation with equities and advanced above $1,900.
The bombshell development continues grabbing the headlines and casts questions about fiscal stimulus, the elections, and other topics.
As investors continue watching the latest developments, how is the precious metal positioned?
Looking up, gold faces its first noteworthy cluster of resistance at $1,910, which is the meeting point of the Bollinger Band 4h-Upper, the previous daily high, the BB 15min-Upper, and other lines.
The upside target is $1,928, which is the confluence of the Pivot Point one-day Resistance 2 and the PP one-week R1.
Seattle Genetics juicy entry point!Support zone + Side of Bollinger bands + Hammer + Divergence + Nice discount
Best investors of our timeHere are the best. Under 10 years it's too luck based, and even up to 20 years. So all the people on the list will always be old.
Warren Buffet & Jesse Livermore started investing full time in their teens (Warren started at 8 but the track record starts later maybe late teens or twenties, Jesse started at 14 I began the track record estimate at 16), George Soros started in his 30s, Jim Simons started in his 40s and his monstruous medallion fund was launched on his 50th year.
For Jesse Livermore I looked at Dow Jones dividends reinvested returns from 1893 to 1930 which were about 11%, and he managed to grow to 10k in 1893, made 100 million in 1929 (so he had 100,000k + x) so he made at the very least 30% a year... Why I placed him at 18-19% over the stock market returns, but it is possible he made more than this. In any case he got better results than Soros.
Special mention: Carl Ihcan got returns of 26% from 1968 to 2011 versus Buffet 20% (or at least that's the book value of Berkshire), while the S&P with dividends reinvested over that period produced 9.5% so Buffet overperformed by a little over 10% and Ihcan by 16% putting him above Warren Buffet (but for less long) and close to Jesse Livermore & George Soros. But since then Ihcan has done terribly, so Warren Buffet is still numero uno.
Jim Simons secretive medallion fund made 66% a year over 30 years so that's an overperformance of pretty much 55%.
This is not where all his money is, and the fund is capped so there won't be growth futher (for medallion fund, but overall he'll still make lots of money via medaillion flat gains & his other funds).
The overrall perf is so off the charts anyway that in any case he is clearly number 1.
In the game we got:
- An overwhelming majority of sheep shadowing the stock market and making sure they perform same as the rest of the herd every quarter
- Alot of fundamental investors (including short sellers like Jim Chanos I guess)
- A couple of value investors
- A handful of speculators (why bother if you can't beat the stock market anyway? Investors that speculate on the side to reduce portfolio volatility not included)
- A herd of retail traders that look at oversold indicators, fight obvious trends, and think they'll beat Livermore that could read & write at 3 years old
- 1 secretive mathematician/geometrist/pattern recognition master (wink wink) that finds patterns in enormous amounts of data
- Hundreds of day trading educators that claim they can massively outperform a one in 100 million genius that gets his edge from seeing things others cannot
GOLD's NEXT POSSIBLE MOVEGold jumps $17 to renew 9 years high above $1881.
As we can see GOLD's Higher high is on 1,865 on the H1,H4 time frame in the Zone (consolidation area) .At the moment gold is on 1859 and there are chances of rebound towards sell area below 1840. $1920 is not far. It will remain in consolidation this week probably in the current zone of 1850-1825. In case if its break the support level of 1840 than there will be more chances that gold will touch the support level of 1820 and adopt the zone between 1820-1795. If Gold leaves this zone of 1795-1820 towards downside, its next target will be 1785-1765 but there is nothing that can stop GOLD's bullish momentum so far.
The Fundamental side for current session is Neutral but the Lows on DX are extremely Bullish for Gold , which on any other period (without Covid-19) should have been Bearish for Gold .As covid-19 cases are still increasing. I can't confirm sell on gold but the DX is still not recovering and the Stock markets on Highs,and the news came out about the Corona Vaccine that USA has made and that will be fully ready to use in the next coming 2 months and thats the key factor of gold's bearish movement.
Entry should be taken if all the rules of entry are applied.
Comment below if you need any Help.
GOLD's NEXT POSSIBLE MOVESGold jumps $15 to renew 9 years high above $1865.
As we can see GOLD's Higher high is on 1,865 on the H1,H4 time frame in the Zone (consolidation area) .At the moment gold is on 1859 and there are low chances of rebound towards sell area below 1840. Gold is expected to breach the zone between 1840-1865. $1920 is not far. It will remain in consolidation this week probably in the current zone of 1840-1865. 1865 is a strong resistance now followed by 2011 moves. In case if its break the support level of 1840 than there will be more chances that gold will touch the support level of 1820 and adopt the zone between 1820-1795. If Gold leaves this zone of 1795-1820 towards downside, its next target will be 1785-1765 but there is nothing that can stop GOLD's bullish momentum so far.
The Fundamental side for current session is Neutral but the Lows on DX are extremely Bullish for Gold , which on any other period (without Covid-19) should have been Bearish for Gold .As covid-19 cases are still increasing. I can't confirm sell on gold but the DX is still not recovering and the Stock markets on Highs,and the news came out about the Corona Vaccine that USA has made and that will be fully ready to use in the next coming 2 months and thats the key factor of gold's bearish movement.
The Red oval area indicates the restricted area and trading should be avoided here.
Comment below if you need any Help.
CADJPY NEXT TRADE SETUPCADJPY is now at its strong resistance zone and according to the fundamentals CAD is expected to be strong and breach the resistance level at point 79.65. on other hand JPY is bearish as well.
This analysis is fully based on behalf on Technicals. Take the entries from this analysis only if all the rules of entry are fulfilled.
Do comment below if you need any help
Gold next proability 80% confirms Steupthe expectations of continuing the bullish trend for the rest of the day, and the ways is open to achieve our next target at 18400.The expected trading range for this week is between 1780.0 support and 1810.00 resistance.
so Guys follow it with you Experience and you will get 300-400 pips confirm on this zone.
As you seen my last prediction we got 300 pips confirms and now through this setup again we are going to Get good pips .