When Americans feel depressed or unhappy about life, they tend to spend more money on fun things--something to consider during a presidential election year. For now, NYSE:DIS is looking fine for its earnings report next week. It was over-speculated, so adjusting back down closer to fundamental support is normal. The gap up in February was on way better than...
The war against sound money... keeping a "lid" on the price of the worlds biggest asset and truly the only real collateral in the world. Is being slowly lost. We have a continuation head and shoulders that many people are watching. But something to note Is that the previous times #Gold has traded above 2 thousand dollars The smackdown has been quick and...
Just for fun: Here's a scenario where a 2024 market crash could coincide directly with the upcoming presidential election. The crash would be self-evident right around the time of the two party conventions and the first presidential debates (if those actually occur).
I have come up with a few theories in trying to determine where we are and what could happen next. I believe we are in Sub-Millennial wave 1 (began June 1877), Grand Supercycle wave 5 (began March 2009), Supercycle wave 2 (began January 4, 2022), Cycle wave A (January 4), Primary wave 1 (January 4), Intermediate wave 5 (began June 2, 2022), Minor wave 2 (began...
How will the shortened trading week affect the markets? It's Thanksgiving week in the U.S. and that means markets will be closed on Thursday, a shortened trading session on Wednesday and usually a light volume day on Friday. The meat of the trading week will most likely come on Monday & Tuesday. Anything can happen though so just be ready for any volatility this...
Who is the newly elected President of the United States? How does that impact the markets? As of this posting, we don't know who the elected U.S. President is. Even if a winner is declared, it is most likely going to be contested. This week there are many variables a. One important variable is the consolidation that price is making in a triangle wedge. We are...
This is a significant event that could determine the appropriate stance of monetary policy and assess the risks to its long-run goals of price stability and sustainable economic growth. We don't expect a break of actual support and resistance levels until the end of the votes counting. On Tuesday, as one of the candidates gains advantage we might start seeing a...
DXY lost almost 2% since the start of US elections. Looks like big money considers Biden's win to be negative for US economy.... Please, support this video with like and comment. Thank you
GA has been ranging back and fourth between 1.85000 and 1.82000 and I believe price is about to make its way back to 1.82000 , if so price will create a double bottom and move up back towards 1.85000. Price could also move down from where it is now 1.83000 to 1.82000, and continue falling. Price reached its resistance at 1.84940, fell, and now is about to test...
Price has been ranging between 1.31000-1.27000 since the beginning of September, price could be headed towards 1.27000 in the next few days. There is a lot of important news this upcoming week for both GBP and USD, and most importantly the US election is in 2 DAYS . I charted the FIB on the daily timeframe, and what I think will happen is the market will open...
Hello friends These days are really important and full of events for the US economics that are effective on DXY. Advance GDP will be released on Oct 29 and may be better than previous value, on the other hand it can affect on Presidential election. Presidential election will be over in the US next week. In addition ISM Manufacturing PMI, ISM Services PMI, FOMC...
QQQ inside a neutral Triangle at least until november 4th
Here is my fundamental, technical, and news analysis of DXY . There are so many question remarks regarding the future of the US dollar forecasting a holding downtrend. I believe we will see the dollar drop to the September 1st low of 91.750. News Analysis Reports of the likely hood of the stimulus passing before the elections are slim. As a result volatility...
I took profit from all my trades that were in profit so I'm 100% on Tether. I think having Tether is the best position in this situation.. If it moves higher I'll enter for higher highs and if it dumps I'll wait for new lows to move in a trade.. I'll let you know for new levels of opening when the market decides to go up or down soon.. Next point is that the last...
ADAM AND EVE BOTTOMING STRUCTURE, WITH A GOLDEN CROSS CONFIRMED. JUST IN THE NICK OF TIME..
Visible in this chart is the last retrograde and the growing influence of the current retrograde cycle. Compare the two. Transiting Mercury in retrograde is a regular cycle occurring three or four times a year for about 24 days. While this is more frequent than any other planet, Mercury is still only retrograde 19% of the time. This is far less than Jupiter...
Hi Fellow Traders, Today USDMXN show a promising move which can completing Wave C for Higher TF. For low risk entry please wait for " Buying Zone". If price breaking Invalidation Level, it will create a new impulsive move towards downtrend My projection is that the USD will rally strong until US Presidential Election so I'm expecting that USDMXN will be bullish...
If we're before a yet unconfirmed bearish phase, this is a likely scenario. You can trade within the bearish channel. A minimal market run-up usually always follow the days prior a new POTUS election. I think we can expect markets continue to fall whether Trump or Biden get elected. It will only stop falling until long-term Bitcoin channel bottoms are...