Maybank possible the last "golden opportunity" for gaining 61% ( from 8.00 to 12.88 +/-) by end of 2025 ( before a deep pullback again )
- 30y mortgage interest rate breaking a 40yo trend. - MBB down while being used by big players as collateral. - DXY breaking a 40yo trend (not in the chart) can cause bond defaults around the world. - Fed has only started raising rates. * If MBB keeps going down, might see some marge call and flash crashes in the market. * If MORTGAGE30 keeps going up, will...
Testing idea post Testing idea post Testing idea post BINANCE:BTCUSDT HOSE:MBB
Consolidation continues as 55.4 is the new support below. Support was found at the 4h LBB and currently price is testing the 4h MBB.
Idea for Real Estate: - Real Estate testing a double top after some exhaustion Sept-Oct. - MBB's rolling over, rejected at -1 Std Dev: - Because every other market component is already at +2/-2 Std Dev, and Real Estate is relatively less volatile than say S&P 500, I think the +1/-1 Std Dev is a good signal. - We will have more confirmation next week depending...
Idea for Housing/REITs (VNQ): - The Housing Market will crash. I am short REITs. - Lumber rose 400% in a year during a global crisis and then dropped 50% in a month... This is not a correction, but a bubble pop. - China reining in commodity prices. They announce that they will soon release state stockpiles of metals: www.bloomberg.com - State firms ordered to...
NAST esting the 2 Hour UBB after catching the algo on the 5 min 4 EMA @ 10:35. Support off the 5 min MBB
Short Covering day as NAS is melting up. Seeing Price Action and patterns in 3D provides depth.
H4 : As mentioned many times, the Mid Bollinger Band (MBB) worked perfectly well, as "THE" leading indicator. Important to also note that the uptrend support line (on a closing basis) also helped to confirm the ongoing uptrend in place. In order to "play" the countertrend in a strategic BULL market, you ABSOLUTELY need to monitor very carefully...
H1 : Nice recovery seen over the last couple of hours. Facing tough resistance to break (MBB @ 47975) and clouds resistance area too ! Watch carefully the next candle (s) to check if there is enough momentum to upside breakout. Watch indicators for signals. M15 : The ascending triangle detected early this morning has been validated by a first...
D1 : As expected, (Tks to Elon !)..., the Monday's breakout of former high @ 42000 triggered a sharp acceleration move towards a high so far of 48200, close to the psychological target mentioned of 50'000. (see my previous Heat Map post). Looking at yesterday's price action, we can see a "school case", perfect "doji" pattern which means indecision and...
D1 : Double top in progress, coupled with a bearish engulfing pattern (which should be confirmed on a closing basis !) In addtion technical indicators are showing bearish divergences... Watch MBB and TS @ 1.0960 as leading indicators for further development. Indeed, a failure to hold above the 1.1000 area would directly put the focus on 1.0460...
H4 : Last candle triggered as shooting star coupled with a potential double top in progress. In addition indicators are also in divergences process Watch : 36477 (TS), 35300 (MBB) and 35280 (KS) 35300 should be seen as a very important support area in this time frame Failure to hold above it would open the door for : S1 :35002 ...
D1 : Saturday's price action triggered a Doji pattern. Yesterday's price action triggered a long black bearish candle with an intraday low, holding above the former uptrend (green arrow). Today's ongoing price action is showing a recovery in progress facing right now the first resistance level to break and it is, once again TS ! ...
H4 : Take a few seconds for looking back what happened since the peak reached 3 weeks ago ! Indeed, you can see that the downtrend (falling wedge in progress) is still intact. 1) Several recoveries attempt (upside breakout failures occured; the most important attempt being the one seen a couple of days ago ; A) A long white...
D1 : Despite a strong recovery attempt, yesterday's closing price @ 13186, did not confirmed yet that the downside risk is over. Indeed, the failure to close, at least above 13306, which is the middle of the former long bearish black candle is a first signal that the ongoing new bear trend is in progress. Today's price action will also be...
D1 : 30'000 filled yesterday with an intraday low @ 29150 Today's price action is showing a new recovery attempt with an upside potential pretty limited. Indeed, TS currently @ 32620 ahead of the 61.% Fib ret @32652 of the last downside move will be the first important resistance area to break. Current price action should still be seen as a...
D1 : Indeed, the failure, yesterday to recover above the former countertrend support trend line should be seen as a negative factor for those who are still strategically bullish on BTC ! W1 picture is also on a negative ongoing process... For short term analysis, have a look at : H4 : 2 failures to upside breakout above the short term...