Get started

Tradewar

SPY continues to sell off, amid BS news headlines :DI like how news headlines blame the trade war and impeachment every day. Maybe people don't trust the stock market and want their money. Also, I recommend using the CICO Report for a logical view of the stock market. I suggest trading with a logical frame of mind and ignore the BS emotionally triggering news. If you are emotionally triggered after reading a news story, you are probably reading lies. The CICO Report tallies a running sum of new money into and out of the stock market and has nothing to do with impeachment or the trade war. Ignore the noise and trade smart.
AMEX:SPYShort
by Johnny_Nickles
4
ORBEX: USDTRY Makes A Difference! EURGBP How Much More Down?In today's #marketinsights video recording I analyse #EURGBP and #USDRY #EURO and #POUND pressured from Stronger DOLLAR: - Following Trump transcript release - Partial deal with Japan - Close US-Sino deal Trump comment - ECB's Germans board member quitting #EURO also pressured from: - Spanish PPI - US-EU tensions - EU-UK tensions #POUND also pressured from: - BoJo's comment to leave whatever it takes #TurksishLira supported by: - Weaker oil - Positive sentiment after IMF report Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice
by Orbex
Chip stock volatility could afford cheap entry in OctoberA recent survey of analysts by FactSet revealed that we're in an "earnings recession" right now and that it's expected to get worse in the next quarter. Certain sectors have been particularly hard hit, namely mining and semiconductors. Earlier this year chip companies predicted earnings recovery in the back half of the year, but that's now looking like it won't happen. Chip stocks remain relatively high-priced for now compared to their lows earlier this year, but they could get more volatile in October, especially if a trade deal with China doesn't materialize. October is a volatile month in general, but there are even more reasons for volatility this year. (On the other hand, lowered expectations might be easier to beat on earnings reports, so maybe chip stock prices won't be hit too hard?) Chip stocks consistently beat the S&P 500 over the long term, because technology is sexy and Artificial Intelligence and Big Data are the future. So for the medium-term or long-term value investor, a temporary earnings recession that depresses prices of chip stocks could be great news. It affords a cheap entry into an extremely profitable sector. Although SOXL is a leveraged instrument that's only supposed to be held for the short term, I like to buy and hold it for longer periods of time. Had I entered when SOXL was around $80 earlier this year, I could have made over 100% in just a few months. Watch the fluctuations and look for oversold levels in SOXL on the hourly, daily, and weekly charts.
AMEX:SOXLLong
by ChristopherCarrollSmith
Costco Long - trend tunnel low pointTaking Costco to the long side. Got to know about the downgrade from Cramer's Mad Money, so thought to do technical analysis. Cramer suggested buy at this level and technicals are supporting partially. I prefer to see divergence in RSI but thats not there. So taking this trade by giving more weightage to fundamentals shared by analysts as Costco is least affected by Trade war of all retailers and usually in economic slowdown Costco do well good. MACD is crossing above red Target price is 300 Entry price is 288 Risk:Reward is 1:2
NASDAQ:COSTLong
by thedrtrader
1
ORBEX: DXY, SXP Affected by US-Sino TradeWar ReescalationIn today's #marketinsights video recording I analyse the US Index and S&P 500 What affects #DXY and #SPX: - China cancels a visit to US farms - Trump says no need for trade deal before 2020 elections, in response to Chinese cancelation - US President also says won't do a partial deal, only complete deal - Fed rate cut - Dovish banks Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice
OANDA:SPX500USD
by Orbex
Gold and U-form in a BULL run !Gold is defenitely in a bull run but we're coming in a rejection place where there can be a up and down side between 1479 and around 1459 per ounce. I can see that trade war tensions isn't yet over and rise up gold to a new high. The American Fed is now pomping money and Trump send some monetary troops to Saudia. It's possible that American Fed could buy big Gold because they printed a lot of money and that would be a trigger. Let's have the best week and month for our investors and traders.
OANDA:XAUUSDLong
by price_action_bars
S&P 500 - SELL Hello Traders, The S&P 500 has retested a broken wedge formation, there is also a head and shoulders formation, if this plays out there could be a significant drop coming for the US index. Generally speaking the head and shoulders formation will break lower than the neck line. China has just cancelled a meeting with US farmers suggesting a trade war deal is further away than firstly anticipated. Recession indicators are flashing red, the only thing holding the index higher is the FED rate cut last week. We will see how this develops over the coming days. Give the set up a like and let us know your thoughts below! www.forexstoreau.com
TVC:SPXShort
by ForexStoreau
Corn to make a Head and Shoulders Pattern? Bullish Agriculture!I have been trading the agricultural commodities much more lately. On a long term approach (investing) I am bullish agricultural because I see food supplies diminishing due to weather. Just this Spring and Summer, crop yields did not produce as much as before and according to information on Martin Armstrong's blog, farmers planted crops late in the East due to a lingering winter. I expect these weather uncertainties to keep occurring. Soil in the west is also diminishing. This can easily be remedied through things such as Zinc and other things like phosphate etc but don't want to get too scientific here. What this means is that in the future we will likely transition to indoor/greenhouse farming. Another bullish aspect is China. If you follow my work, I have said the only reason China would come to make a trade deal/truce is if their credit problem worsens, and if their food issue worsens. China has been hit hard with the swine flu and the army virus and the government is subsidizing food prices, especially pork. This could be a more short term/intermediate term catalyst. Onto the charts. A good confluence for Corn. We hit a major support/flip zone at around the 3.45 zone. You can see the downtrend with its lower highs and lower lows. They are well defined. Remember, by definition once a lower high swing is broken and we stop making new lower lows, the downtrend is now nullified. We either range or begin an uptrend. We can see the lower high swing at 3.60 was broken and also retested. Buyers are coming on here. On the daily we are now awaiting our first HIGHER LOW swing in a possible new uptrend which we could have here. This would make a head and shoulders pattern and the confirmed higher low swing once we break above the neckline at the 3.70 zone. Overall this is looking good. We could see a move up to the 4.00 level.
OANDA:CORNUSDLong
by Uncharted-FX
4
DXY, SPX: Hang on Fed & GeopoliticsIn today's #marketinsights video recording I analyse DXY and SXP! Equities look bullish and the US index bearish, from a technical perspective. On the (geo)-political front their prices are and could remain being affected by: - A somewhat dovish?! Fed - BoE and Brexit (BoJo visits EU today for talks!) - SA attack and expectations on reduced oil production - Weakening Chinese data - US-Sino tradewar optimism On the other hand, don't forget that policy-pessimism is going to matter most?! Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice
OANDA:SPX500USD
by Orbex
SPY - Daily - Bearish engulfing stick after dojiNotice the bearish engulfing candlestick today, after the doji yesterday? I believe that means we are going back down to retest the green line I drew in the 295 area. We just made new highs, but could not close above the highest close level set in July. I do not believe this sell-off will be anything more than simple profit taking after this nice rip up after breaking through consolidation. More or less, I think this will be just a breather ... UNLESS, negative trade war news comes out. As always, the trade war is determining the technicals right now. If negative news comes out between now and the new round of talks in October, I think we will bust through that green line and make a move to test a double top pattern. If that happens, look out below! I'm overall bullish based on technicals, but bearish to start next week. I positioned my account appropriately yesterday and today to survive the profit taking.
AMEX:SPYShort
by Bankuur
1
CRUDE OIL & USD Weakness Might Send LOONIE Towards 1.29500!INSTANT ENTRY AT AROUND: 1.31800 LEVEL POSITION TYPE: SHORT STOP LOSS: 1.34200 TAKE PROFIT: 1.29500 RR: 1:1 SHALL THERE BE ANY UPDATES I WILL UPDATE THEM IN THE THREAD. BELOW YOU CAN FIND THE EXPLANATION BEHIND THIS TRADE SETUP The main chart shows the price confined in a upward slopping channel on the weekly TF which has been respected on multiple occasions. At the moment we could see that the weekly candle not only breached the lower end of the channel but also close below the crucial dynamic support of the weekly 50 EMA!. This suggests that the price is ready to potentially head down towards the 1.29500 level where another concrete upward trendline is presents. Furthermore, the sanctions imposed by U.S on iran and further ongoing dispute has already made WTI price rise higher. Further tensions are to be expected in the future which would potentially make WTI jump higher. CAD is strongly correlated with OIL prices and any move in the OIL prices would move the LOONIE in the same direction. Additionally The USD weakness will likely gather pace in the coming weeks as prospect on economic slowdown and rate cut has hit the greenback very bad. Therefore we have at the moment both technical and fundamental picture on our sides. as the days go we will see the news develop further and see the a clear picture.
Short
by FX618Analysis
XAU/USD GOLD LONG H4,D1 12.9.2019Technical standing Gold is in strong uptrend since breaking 6 years high in mid-June. Currently gold is in correction phase. On the H4 chart, I marked my support zone from 1480 to 1498. In today`s trading sessions we could see Gold going up too 1524 and immediaetly retracing down to 1498. Now Gold is currently sitting on 1498, top of my support zone which is lined up with trendline as you can see on given example. In further days I will be waiting for a price action signal in my support area to take gold up to 1543-1555 where I marked resistance area. If resistance area will be broken I am expecting to see Gold around 1600. Fundamental view Next week we expect a rate cut from FED for quater basis points, which will have a big impact on gold. As things around Brexit standing now Great Britain and EU have no deal, so Great Britain could exit from EU without deal, so I believe this scenario will help push the Gold price up. The last big global event that are correlated whit Gold is US-China Trade war on tariffs. With FED rate cut, so much indecisiveness with Brexit, US-China trade war and upcoming Global economic crisis I believe Gold will continue his uptrend.
OANDA:XAUUSDLong
by NecP