Kujo_Qtaro

Kujo_Qtaro

AS outlined in the graph. Based on the current fib level it doesn't seem like a good enough correction, so I am assuming it could be an extensive correction wave. Great short zone at this moment.

Kujo_Qtaro

Pretty solid bottom for USD. I am assuming more money flowing into USD when a correction is about to happen. We see that this morning when we had that quick drop from 7:00 - 8:00 EST. US10Y rate dropping, USD rising, and equity declining. Back to the old game. So I am suggesting long USD, and short equities, given the recent comeback is way too ridiculous and...

Kujo_Qtaro Updated 

In line with my previous analysis. But at this moment, I am seeing trivial fluctuations so I do think there will be more up space in the near term. Target price is still quite far, and I am seeing strong volume when there are "Buying the dip" opportunity vs. very weak trivial volume when it comes to dumping. Patiently waiting for TP to reach, so that I could...

Kujo_Qtaro

Dollar index in hourly. Not much space for dollar to depreciate, and l think this will provide a good guidance on the stock market as well.

Kujo_Qtaro

My opinion about s&p. Pre-liberation day price level eyed. I am really expecting some gain from crazy gold prices and super undervalued dollar.

Kujo_Qtaro

My opinion about s&p. Modest gain eyeing these 2 weeks, I am really expecting some gain from crazy gold prices and super undervalued dollar. Most likely we will see some progression with regard to negotiation between us and Japan, and boosting confidence on us equity & currency.

Kujo_Qtaro Updated 

A very standard .786 retrace for VIX when it comes to a bear market. To me, I'd love to see VIX falls to level around 16 or 17ish to open shorts. However, it's worth watching at this level and speculators should be aware of another round of sell-off, which could happen at any moment. In the short term, I do believe there is still room for NQ to go up, but for at...

Kujo_Qtaro

I was trying to load up more NQ shorts, and VIX was a pretty good signal when you are looking for a bottom. The 17-18ish level is compelling for bears, and the recent declining in traded volumes further substantiates a real bear market is around the corner. I am adding up more shorts post-CPI with less IV. And let us see what happens next!

Kujo_Qtaro

Not really surprised after the pop-up from the bottom. Yet, I noticed the traded volume really wasn't that significant for a 7% swing day. TO me, I read that as a bear market signal, where you have heavy dumping with HUGE volume, but also a crazy comeback, with very little volume. Thus, I do think it's really easy to profit from the swings at this moment, and...

Kujo_Qtaro

dxy reaching a solid bottom based on my chart. Won't be surprised it it bounces back to prev high at 2023 October. That should also be a level that shorts should aim for when they are shorting NQ.

Kujo_Qtaro

Very weak selling volume today since opening. To me it's a "Buy the Dip" moment even though I am a long term short. Aiming for 19824 level, or 3% more from current level within a week. After that, not sure what's about to happen. Let us see!

Kujo_Qtaro

When NVDA surpass AAPL in market cap, the clown fiesta is ready to conclude itself. The ration of $CME_MINI:NQ1!/CBOT_MINI:YM1! has far surpassed its high back in the dot com crisis, and the collapse is a matter of time. When we have both S&P and Dow Jones underperform Nasdaq that much, and we have a crazy high concentration on mega market cap companies, it's...

Kujo_Qtaro

At first I thought it's impossible to close above November high, but NZDJPY was showing a new high should happen. Interestingly, what happened to NZDJPY applied to AUDJPY as well. This is more based on fundamental, as I am eyeing a global index drop, and also JPYBASKET seems a good buy. The weekly trend also suggests JPY is at an extremely undervalued position,...

Kujo_Qtaro Updated 

Not surprising to see the upside this morning, and caught a decent amount of positions. 1.15 for extremely long target, not thinking about speculation at this moment.

Kujo_Qtaro Updated 

Japanese Yen, from a technical standpoint, has a potential appreciation of 2-3%. Yen looks cheap in my opinion and opened at the .786 level. Despite the US Dollar becoming strong, I do believe the Japanese Yen would gradually appreciate due to its domestic price level pressure, and we should see some govt intervention or other traders pushing USDJPY down for a bit.

Kujo_Qtaro Updated 

I followed the BoE meeting this morning. I'm not surprised to see officials voting for cuts already, and I believe the 2 votes for "hike" are more symbolic than actual, as the only possible option was maintaining the current rate. Technically, all the movements happened post 10, or when Chicago PMI got released. GBPUSD is more pushed by the bullish indices(which...

Kujo_Qtaro

0.786 from the previous high is a good shorting entry in my opinion. Magnificent 7 is done with their earnings(except NVDA), so I am not seeing much stimulus from big tech. Most tech stocks are not doing well, and I am seeing some extent of selloff in 1-2 months.

Kujo_Qtaro

For personal reference only. Aiming 1.25ish amid Fed "surprising" no rate cuts + "surprising" BoE rate cuts amid ongoing economy contraction.