A scenario with a symmetrical triangle in wave B of a downward zigzag.
Within the framework of an initial diagonal, I'm looking for a short in wave 4. Today, the final US GDP data for Q2 was released. The US economy grew by 3.0% year-over-year in Q2 2024, in line with the second estimate and above the revised 1.6% growth in Q1. This is a significant positive for the markets, as the main fear for investors right now is a recession....
We’re grabbing liquidity from the local low. Next, we follow the scenario with an ending diagona
The S&P 500 is showing a stair-step upward movement, primarily rebounding during non-active U.S. trading sessions. Key factors to watch: - The market tends to recover when the U.S. session is closed, and corrects slightly when it reopens. This is due to residual selling pressure from retail investors during active hours. - Strong resistance is seen around 5400...
The bottom is likely in, and we’re seeing a rebound. There might be one more test of the lows on lower volumes. Currently, put options are being closed out. As a result, market makers are covering shorts, which allows the market to rebound. There’s also a rumor about an unscheduled Fed meeting and a potential rate hike with added market liquidity. Whether this...
Yesterday, the market experienced a strong wave of sell-offs due to continued selling of hedges after expiration and negative reports from Tesla and Google. However, the overall investor consensus remains bullish. Additionally, positive US GDP data was released today, indicating that economic growth remains strong. Under current conditions, this data will not...
TESLA wxy correction completion in wave 2 SL146 tp1 220 tp2 open
In December, the Chinese government released draft new regulations aimed at curbing excessive spending and time wasting in video games. Shares of the industry's biggest players: NetEase and Tencent, which generate 100% and 50% of their operating profit from video games, fell slightly on the news, but were bought back. Firstly, this is still a draft document and is...
Li auto. We're looking for the completion of the 2nd wave. Going long ahead of the report, targeting over the high. tp1 36 tp2 46
JD.com Inc is a holding company mainly engaged in e-commerce business. Long term invest. The second wave is coming to an end. Good buying opportunity. tp1 95 tp2 155
China's central bank has stepped up measures to support markets. The company has the most ambitious plan for new models, with five new autos to be launched in 2024, four of which are planned to be all-electric.Entering the BEV segment provides an excellent opportunity to capture the market. tp1 42 tp2 62
Zoom Finale of a long accumulation. Entry impulse and correction. tp1 95 tp2 122
Continuation of an idea. The company belongs to the "defensive" sector of utilities, which is resilient to a slowing economy. With the Fed set to begin easing the MPC, I believe the backdrop will become more favorable. tp1 61 tp2 69
Exxon Mobil. Dividend aristocrat. Dividend stocks, when you look at historical data, have performed well since the last rate hike in the cycle. Finish correction. tp1 117 tp2 133
The news about the fall in sales in China and the payment of a fine in Europe played out. Catching an entry with a very short stop. tp1 198 tp2 262
NVIDIA shares have been accumulating for a long time. The last few days we have been watching the price trying to get out of the zone. There are no significant resistances from above, which means there will be no potential sellers up to the $1500 levels. Tensions are growing in the Pacific Ocean, where the production of the "hearts" of all world technology is...
China's central bank has stepped up measures to support markets. Baidu is one of the best companies to bet on the recovery of the China's economy and in particular the advertising market. tp1 135 tp2 190