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Marketcrash

Transport and Trump Ruin US Stocks - DOW Is Once Again In DANGERDear Friends!! Ouch, ouch - Traditional Markets are bleeding Tuesday. Dow Jones, Nasdaq, SPX and Russell down 3-5 %! Worst day in a month. FAANG Stocks (Facebook, Apple, Amazon, Netflix and Google) dizzy too. FB the least, but maybe not a surprise after Marc Zuckerberg's hearings in the senate in July, which has made FB Stocks fall like a knife. SO WHAT HAPPENED? - Dow transports suffer biggest-ever point drop, led FedEx and UPS stock selloffs. - And then we have Trump 'The Tariff Man', who had this idea, that he via his stupid Twitter messages, and after a face to face meeting with Chinese President Xi Jinping could convince him not to raise tariffs on more than $200 billion in imports to 25% from 10%. It doesn't look good so far - and the markets have reacted negatively on that. And back to Dow Jones - DJIA closes 800 point under with a -3 % - looking from a TA Perceptive it is horrible news. As you can see, after our Powell Rally we managed to climb up on the EMA's and could cruise on them for a couple of months, and make some solid gains. After yesterdays drop - we only have support from last EMA. A very critical point! We really want to avoid falling below! -D4
DJ:DJI
by D4rkEnergY
7
IMPORTANT: US Stocks On a Powell Rally Until New Year - Buy Now!So we have seen the market reacted positively on the 3rd quarter - US Grew 3.5 % - GDP reports mostly a look in the rear mirror instead of the road ahead. The economy exploded in the spring and summer, propelled by tax cuts, strong consumer spending and rapid business investment. But, but, but... All that sounds good right? Nah, it might sound counter intuitive but high Consumer Spending and strong trust = The more likely we are to witness a Market Crash - And it will happen I'm convinced - within a year or two. After Federal Reserve Chairman Jerome Powell yesterday soothed worries about the pace of future interest-rate increases, experts believes that we might witness a New Year Rally in US Stocks. And so do I. After his speech we got some firework. Dow: +2.5% Nasdaq: +2.95% SPX: +2.30 % It all matches my predictions I've made earlier. Looking at DJIA (Dow Jones) we have had Hidden Bullish Divergence (in fact on all major US key Indexes), which could indicate some good months before a potential Market Crash will occur. We had some problems in October after a 10 years historical low month. October is known for being the most volatile though. But looking at the 1D Chart you can see, how we for the first time in long time fell down under all the EMA's. Huge panic spread. An ugly HS formation was suddenly also in play. But watch now. We are again cruising on top of the EMA's - and we will probably do that for a while. Buy US Stocks now before the crash. D4 <3
DJ:DJILong
by D4rkEnergY
4
Bitcoin: well at least now it is official, Btc is crashing.In the previous charts i was explaining the possibility that Bitcoin was in what appeared to be a correction phase as it was still above the the weekly Smma 50 (blue Smma ) Bad news is that now Bitcoin is below. Unless it produces a false breakout (if we imagine Bitcoin beeing above this blue Smma for exemple next week), this is trouble. Bitcoin broke its main structure major support at 6k, and is below both daily Smmas, and below the weekly 50 Smma . This blue Smma is very important, as it is a weekly kind reminder of Bitcoin temperature: above= bull market, below = bear market. -When the bull cycle started : -Bitcoin remained above it until it reached 20k: So now you got it, Bitcoin is in a bear market unless we assist to a miracle of getting above this blue Smma , which is possible but now less likely. Breaking below 6k and settling below 5.8k is a classical sell signal. This is getting dangerous, but who knows, everything is possible with crypto. Bitcoin needs some buyers to rescue it or it will probably find new lows. If you are in to invest in the long term, and ready to wait 2,5,10 years holding this asset, then feel free to buy what you can afford to lose, prices are "interesting". If you are trading, beware, i mean really, beware.
BITFINEX:BTCUSD
by Giovi6969