DEFENSE WINS CHAMPIONSHIPS (Global Conflict Summary EDITION)Per the council of foreign relations, these are the following current global conflicts. I've included a brief description of each conflict. It's important to understand these if you're planning or already are investing in defense stocks.
Per TA, I've labeled bearish price targets, bullish price targets, relevant trends. It looks overvalued from analysis on ITA, but there is upside. I'd say that short term probably favors bulls (talking maybe weeks if not less), mid term probably favors the bears (multiple months), long term will likely favor bulls, but it will depend on the movement we see over FEB and March.
Global Conflict Summary
Americas
Criminal Violence in Mexico
The criminal violence in Mexico involves various organizations such as Sinaloa, Los Zetas, Tijuana/AFO, Juárez/CFO, Beltrán Leyva, Gulf, La Familia Michoacana, the Knights Templar, and Cartel Jalisco Nuevo Generación (CJNG). The violence is attributed to the increase in crime rates and the limited interventions by the state and municipal police.
Instability in Haiti
The instability in Haiti involves the government, opposition parties, and the international community. The crisis revolves around the dispute over the presidential term and the government’s inability to control skyrocketing prices of commodities.
Instability in Venezuela
Venezuela is facing an unprecedented social and humanitarian collapse due to poor economic policies, political conflict, and the international community’s unsuccessful attempts to bring about positive change. The conflict involves the government under President Nicolás Maduro and opposition groups.
Asia
Instability in Afghanistan
Since the Taliban reclaimed control of Afghanistan in 2021, the country has further plunged into political and economic instability. The conflict involves the Afghan government, the Taliban, and various local and international actors.
Territorial Disputes in the South China Sea
China’s sweeping claims of sovereignty over the sea have antagonized competing countries. The key parties involved in this territorial dispute are China, the Philippines, and the US.
North Korea Crisis
North Korea could resort to nuclear weapons in a crisis as it is making significant progress toward implementing a more robust nuclear strategy. The crisis involves North Korea, South Korea, the United States, Japan, and other international actors.
Instability in Pakistan
Pakistan continues to face multiple sources of internal and external conflict. Extremism and intolerance of diversity and dissent have grown, threatening the country’s prospects for social cohesion and stability. The conflict involves the Pakistani government, opposition groups like the Pakistan Muslim League and the Pakistan Peoples Party, and militant groups like the Tehrik-e-Taliban Pakistan (TTP).
Conflict Between India and Pakistan
Since 1947, India and Pakistan have been involved in a number of wars, conflicts, and military standoffs, with the Kashmir conflict serving as the catalyst for every war between the two states. The conflict primarily involves India and Pakistan, with the disputed region of Kashmir being a major point of contention.
Confrontation Over Taiwan
Tensions are rising over Taiwan as China’s power and assertiveness grows, competition between the U.S. and China spreads, and the Taiwanese people develop a distinct identity increasingly disassociated from the mainland. The key parties involved in this conflict are China, Taiwan, and the US.
Civil War in Myanmar
The civil war in Myanmar escalated significantly in response to the 2021 military coup d’état and the subsequent violent crackdown on anti-coup protests. The conflict involves the National Unity Government, People’s Defence Force, Chinland Defence Force, Chin National Defence Force, Karenni Nationalities Defence Force, and other ethnic armed organizations against the State Administration Council and Tatmadaw.
Europe and Eurasia
War in Ukraine
The war in Ukraine involves Ukraine and Russia. The conflict is over the sovereignty of Crimea and parts of eastern Ukraine, which Russia annexed in 2014.
Nagorno-Karabakh Conflict
The Nagorno-Karabakh conflict involves Armenia and Azerbaijan. The dispute is over the Nagorno-Karabakh region, which is internationally recognized as part of Azerbaijan but is governed by ethnic Armenians.
Middle East and North Africa
Conflict in Syria
The conflict in Syria involves the Syrian government, opposition groups, and various international actors. The civil war began in 2011 as part of the Arab Spring protests and has since escalated into a multi-sided conflict involving numerous factions and foreign powers.
Instability in Iraq
The instability in Iraq involves the Iraqi government, various ethnic and religious groups, and international actors. The conflict stems from sectarian tensions, political instability, and the presence of ISIS.
Israeli-Palestinian Conflict
The Israeli-Palestinian conflict involves Israel, Palestine, and various international actors. The conflict is over the sovereignty of the Palestinian territories and the establishment of a Palestinian state alongside Israel.
Sub-Saharan Africa
Conflict in the Central African Republic
The conflict in the Central African Republic involves the government, various rebel groups, and international actors. The conflict stems from political instability, ethnic tensions, and control over the country’s rich natural resources.
Conflict in Ethiopia
The conflict in Ethiopia involves the Ethiopian government, the Tigray People’s Liberation Front, and various ethnic and regional groups. The conflict stems from political tensions, ethnic disputes, and disagreements over the country’s system of ethnic federalism.
Please note that this is a brief summary and does not cover all aspects of the conflicts. For more detailed information, please conduct further research.
USA
US Government's Planned $118M Bitcoin SaleThe United States government's announcement of a planned $118 million Bitcoin sale has sparked discussions and debates within the crypto community. The planned sale comes in the wake of the Jan. 8 sentencing of Silk Road Xanax dealer Ryan Farace and his father Joseph Farace for money laundering conspiracy. While some express concerns about the potential impact of this sale on the market, market commentators argue that it's merely a drop in the bucket compared to the recent outflows from Grayscale's Bitcoin Trust (GBTC).
Grayscale's Dominance:
The magnitude of the US government's planned sale becomes apparent when compared to the outflows from Grayscale's Bitcoin Trust (GBTC). According to Steven Lubka, managing director at Bitcoin exchange Swan Bitcoin, the government's sale of 2,934 CRYPTOCAP:BTC is nothing more than "peanuts" when considering that GBTC has sold a staggering 106,575 CRYPTOCAP:BTC worth $4.2 billion since its conversion to a spot Bitcoin exchange-traded fund on Jan. 11. The latest outflow, totaling 10,871 CRYPTOCAP:BTC on Jan. 24, underscores the dominance of Grayscale in terms of Bitcoin holdings.
Comparing the Numbers:
The planned government sale constitutes just 1.5% of the total estimated 194,188 CRYPTOCAP:BTC , equivalent to $7.7 billion, it holds from three seizures in criminal cases. This figure is still less than 1% of Bitcoin's circulating supply. The three major Bitcoin hauls and sales by the US government involve 94,643 CRYPTOCAP:BTC seized in January 2022 from the 2016 Bitfinex hack, 69,369 CRYPTOCAP:BTC seized in November 2020 from the Silk Road, and 51,326 CRYPTOCAP:BTC seized from Silk Road hacker James Zhong. Additionally, around 41,000 CRYPTOCAP:BTC is scheduled for offloading in four sales throughout 2023.
Historical Perspective:
The US government has a history of auctioning seized Bitcoin, with one of the most notable instances being the 2014 auction where venture capitalist Tim Draper acquired nearly 30,000 $BTC. However, recent trends indicate a shift toward selling seized crypto on exchanges instead of through traditional auctions. The last known sale of 9,118 CRYPTOCAP:BTC occurred in March 2023, emphasizing the evolving methods employed by the government to liquidate confiscated cryptocurrencies.
Conclusion:
While the announcement of the US government's planned $118 million Bitcoin sale has raised eyebrows, experts and market commentators are quick to downplay its significance. In the context of Grayscale's massive outflows and the overall scale of Bitcoin holdings by the government, the planned sale appears to be a minor event in the broader cryptocurrency landscape. As the crypto market continues to evolve, the methods of selling seized assets by the government are adapting, reflecting the maturation of the industry.
QQQ TRENDS AND PRICE TARGETS, HOW MANY Q's SHOULD ONE HAVE?Technicals
RSI is overextending, however, a little cool down would reset the indicators and trigger buy signals across the board.
Bears should be looking for an entry, but not entering yet. Plan out a trade.
Bulls should be locking in profits and looking to buy the dip.
There are two super short term trends that are taking the price up. They are both rejection trends, which are trending in the bullish direction, in other words, price is going up following those trends.
There is a huge rejection trend labeled.
There is a mega support trend labeled.
There is a strong support trend labeled, which should likely trigger a buy signal should it fall to that support or possibly dip under for a brief period of time.
Above 480 starts to increase risk.
it can go higher to 500, and then possibly even to 600.
500 is way more likely than 600 on this run.
short term, again, could use a cool down to like 393.
I would suggest to wait for this cool down to enter expecting bullish movement. With price falling to multiple strong support lines, it is a favorable trade.
Price can keep going up. Don't expect it to go down. But understand, if it does, you'll be prepared for that movement, and have a trade with a high potential of profit.
If you miss out on a run because you were caution, simply wait for a rejection point and jump in short. Ride the wave down, then enter your long position. In other words, don't chase the movement, let the movement come to you, let it move past you, then ride the movement in your desired direction.
Linking my other QQQ posts and SPY posts
I usually don't TA these because I tend to trade the 3x leveraged (FNGU FNGD is one of my favorites), and I tend to get predictions wrong on these two. Will link some old ones talking about spy to 480 in the election year. MY MISTAKE was I thought the election year was 2023, so it was way off.
⚡️Strifor || GBPUSD-25/01/2024Preferred direction: SELL
Comment: The British currency completely duplicates the situation with the EURUSD currency pair. Here, we also continue to stick to sales. The main target according to our previous trading ideas is the level of 1.25000 . Technically, and according to volume analysis, we have both an entry point and a resource in the form of bid-accumulations, due to which we assume a downward impulse will be generated.
On Thursday, that is, today a large number of economic events from the EU and the USA are expected. . Therefore, most likely today will be decisive and the instrument will finally shoot down, as we expect.
Thank you for like and share your views!
Middle East escalation and a Surging US dollar
In a significant escalation of hostilities in the Middle East, Iran fired missiles into Iraq, resulting in casualties. Reports indicate that at least one missile hit very close to the US Consulate in Erbil. Beyond the provocation towards the US, the act of firing missiles into a neighboring country by Iran is likely to prompt a response.
Additionally, unsettling news emerged that members of the Islamic Revolutionary Guard Corps (IRGC), a branch of the Iranian Armed Forces, are collaborating with Houthi terrorists in Yemen to target sailors on merchant ships in the Red Sea.
As Asia's liquidity entered the markets, there was an upward movement for the USD. In contrast, major currencies such as EUR, AUD, NZD, CAD, CHF, GBP, and JPY all experienced losses. Notably, despite the geopolitical tensions, US yields remained supported.
XAUUSD GOLDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves at Demand Zone or Fibonacci Level - 61.80%. Bearish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line. It has completed the Break of Structure and making its Retracement
History To Repeat Itself? S&P500Is it possible for the stock market to repeat itself?
After the stronger-than-expected NFP last week investors are repricing the aggressive FED rate cuts expected for 2024. This was immediately affected in the stock market as the main indexes dropped and the dollar managed to recover some ground.
The month of January is generally weak for the index as the 10-year average return for this month is only 0.17% making it one of the weakest periods for the index.
A noticeable resistance zone can be spotted and used in advantage to look for shorts and get more than a 1:3 Risk-Reward-Ratio.
EURUSD (A huge Earthquake is Coming)
Hello my friends, how are you doing?
I hope you will fulfil your ambitions ❤️❤️❤️
Today, I want to talk about EURUSD.
What a chart! wow.
Before that, I want to remember It's not financial advice. so, just see and think about it.
I'm just sharing my view and opinion of the chart. Please do your own research.
Don't waste time and Let's go into details 🌺🌺🌺
Based on the Elliot wave, we can count waves. each wave includes 5 microwaves and today I want to count the waves at EURUSD.
That's all we do. there is a very very important point in this chart and I want to tell you that.
Based on Elliot's theory, the second wave can retrace the first wave to a maximum of 0.618 Fibonacci. and if this retracement takes longer, we would expect to see an extended third wave.
Exactly, in EURUSD we see this situation.
Please check the first photo 👆👆👆
The second wave retraced the first one till 0.886 Fibonacci and it's so dangerous. so we expect to see an extended third wave.
in this case, we see the third wave moved to 4.618 Fibonacci. and it sounds strange. it's happened. exactly such as I said.
Please check all these photos.
And the Fourth wave can retrace to a maximum of 0.618 Fibonacci of the 3rd wave and the last wave (the fifth wave) will begin.
Now, it's time to calculate the last PRZ for the end of the fifth wave.
I did it for you guys.
And I expect the fifth wave to drop to 0.85-0.88.
it means that the worth of EURUSD drops to a zone between 0.85-0.88 and if this happens, all markets will drop soon.
please, for God's sake, watch the market. the situation is so complicated. don't forget to save your profit.
SP500, BTC, NDX and so on will drop soon more than you think.
✔️ ✔️ it was my duty to warn you about this earthquake.
I'm sure you are confused right now. But it's ok and there is no problem. Time Proves Everything.
If you have any questions, or if you need to know more details please don't hesitate to contact me.
🙏🙏 Please don’t forget to like 👍, follow ✌️, and share 👌 this analysis with your friends. Thank you so much for your attention and participation 🙏🙏
Wish you the best 🧞♀️
Sincerely Yours 🙏🙏
Ho3ein.mnD