Hi guys. Always on the lookout for major changes/shifts or Macro signals. Yesterdays 40% increase in Krispy Cream Donuts, has me taking a look into this one. This analysis is on the 1 week. Note, the current candle is not yet confirmed. Weekly close is obviously on fridays. I have highlighted 2 zones. COnsolidation range and a Supply zone. We do need to pay...
Hi guys! This is a look into Monumental MACRO developments occuring in Nike stock market structure, some of which are happening for the 1st time in history. For this reason and in my opinion, its a very important time to keep eyes on Price action. The aim is to briefly go over what those developments are and what it may mean for NIKE's Current market trend....
We have more room to go down until the major trendline. We are in a bear cycle. Could do double bottom and hold. Remember: -------------- The future is independent in the past given the PRESENT. So if the market show us and tell us that it wants to reverse we change our view. (Currently view is DOWN)
Hi friends it's been a tough week for silver. We can identify several factors that caused this; " * JP Morgan bank accused of fraud in the metals markets * A dollar price that corrected the downward trend * The older brother (GOLD) who retraced from his ATH. " So what can we expect within a month? As you can see in the chart, the price touched the support...