Hey guys. I was away for a week and when I came back I didn't see anything different with BTC. Nothing at all, how curious! Long-term trends have not yet fully reversed. For the moment it seems to me that short-term buyers are the ones holding this hot potato in their hands. Once again, how curious. If I consider Elliott's movements we have the image below as a...
-Hello. This was the high pivot of the NVDA asset that the SETUP I used pointed out on the monthly chart. -When prices reach the "Triple Golden" region, it will suggest that prices are fully stretched. Now I ask. Are prices stretched too high? -Correcting to the region of 269.61 would be the most sensible for the moment, since the company wants to buy back its...
Sorry guys, but I need to open this debate. Will VALE3 really make a double bottom in the region of 53.64? I honestly have a big doubt right now. I'm starting to question my previous review for only one reason . Is this the real price for the company, that is, is your market valuation the current one? I, looking to the left of the graph, realize that it is...
Hello everyone, let's go there, because today I brought a controversial topic to the debate. I hope it is of some value to the community! Do you really know how to "create and use" an uptrend line? -If so, very good, because I firmly believe that you are on the path to success. However, if your answer is no, this analysis will certainly give you an "initiation"...
Hello guys! Let's go for another weekly BTC analysis. As found in a previous analysis , the crypto was without many volatilities. As always, her absence is a big draw and when she returns whoever has the most strength (Bears and Bulls) will win. In the present case it is the bears. I have not very good news for traders on duty. The monthly bias has shifted...
-After finding a resistance region at 4604, the SPX index is undergoing a correction which for the moment I consider as "normal". -I believe that this correction is completely normal and does not bring major concerns for the "CURRENT MOMENT". -As stated in several previous analyses, the monthly chart is in an uptrend , so I am thinking that we still have no...
-Gold has been suffering from a correction that was to be expected. -After all, more than once it sought the historic top formed in the price region of 2075 (08/07/2020) and was unable to break through. - Let's be more precise. We have three tops. These tops are descending. And they have the following values: 2075 - 2070 - 2067. -And do you know what that...
-I notice that prices are also testing the major downtrend line (red line) (falling tops) of the asset. At the moment this line is serving as support. But for how long? -The question that remains is: Will the uptrend line (yellow line) that started in January hold prices back? She is very close to reaching. -Using "SETUP", it suggests two points of support that...
- I'll get straight to the point. -On the monthly chart we have a bullish pivot being respected. A correction up to the 4093 region is fully acceptable. -From the weekly chart, I believe that the short and medium term buyers are already leaving the game, and are waiting for new 'market drivers' to come back. -On the daily chart I see the region of 4396 as a...
-The bearish pivot of the daily chart traced in the previous analysis is still valid. We have not had significant changes at the moment. -What we can see next are prices trying to break the 30.8K region, to get out of the downward trend once and for all. -However, not being able to work above the range (30.8K), we can consider this movement as a "TRAP" for...
It will be possible? Will we see the formation of the ABC pattern? -Assuming that many commodities are undergoing strong corrections, is it possible that animal proteins will fall even more? -After two straight years of increases, several commodities are going through this process, including animal protein. See below the graph of the future fat ox! -The big...
-How wonderful, we have the dollar falling. And how is it falling. And it can fall further. 4500, Is this what the bulls are out to do? -Is 4500 the fair balance between the US and Brazilian currency? If it depends on the numbers and the economies involved, the answer is a beautiful and resounding “YES”. -There are many variables that can be put into the magic...
-I honestly don't know where DXY can go. Time for the dollar to lose strength against the basket of global currencies, time to gain strength. -We are clearly in a tug of war. Interest vs Persistent Inflation. -If inflation happens like a "bullwhip effect", which I mentioned in previous analyses, the FED will have to act again, therefore, an increase in the...
-The US government's 2-year bond is trying to form a new bullish pivot on the monthly chart. -I believe that it will not have enough strength to go further, that is, to break the pre SUBPRIME peak of 2008, in the region of 5,283, as inflation at the moment (short term) seems to want to cool down. -But long-term inflation, I'm sorry to say that you may not want...
-Are investors excited about the direction of global economies? If the answer is a yes, I will see it as raising my hair. -Gold, yes, it, the world's store of value, is on the verge of pivoting downwards on the monthly chart. It really seems that things are trying to straighten out in the civilized world (I don't believe it. In fact I believe in parts). (lOl)....
Driver is missing! What will be the next driver for the SPX index to continue its climb? -The previous driver, inflation, has passed. US long-term interest rates are rising. Full employment as well. -I sincerely wanted to know which driver will be. Does the Fed have something tucked away in its drawer? The market needs a conductor! -In a previous review I even...
Straight to the point. Let's go graphic! -Monthly: High bias. Now moderate. The SETUP used indicates fatigue. -Weekly: Trying to form a bullish pivot. High moderate. It also indicates fatigue. -Daily. Bearish bias according to the SETUP used. We have an accumulation. Is this accumulation a continuation? -Still in the diary, we are on the verge of forming a...
We know what controls the movement of an asset is its long-term trend, but the changes start in the short term, so we have: -Long-term (monthly) strong bullish bias and bullish pivot. -Medium-term (weekly) moderate bullish bias and bullish pivot. We have the long average just below and it could serve as support if we have falls! -Short-term (daily) reversal...