SPX is creating a weekly bullish flag. Tension in the middle east can create instability on the EU region. We might see a decrease on buying momentum.
DXY will keep making a temporary bullish move. GVT needs to get capital to keep spending and meeting with obligations(quota). Bonds go up. We might see dollar get strong for few weeks.
EUR/USD is in bearish momentum. As we can see in the news US is about to reach the debt ceiling. A big wave of immigrants entered the country. The market is lacking liquidity. Most immigrants wont have to report to court till 2027. This can be a back of for the US to keep expanding and have the migrants as collateral(as labor and tax) . Labor will pick up and...
EU put a price cap on oil of 60 B.P. Demand is still on play + Opec is cutting 2 million barrels per day. What happens when the demand is high and supply is low? Price goes up. What happens after that? Possibly more conflict between nations. China is becoming less strict with their Zero Covx Policy. Production will keep moving. This is just a prediction, trade...
SPX is on the markup phase ! Price is about to enter distribution phase . The year is almost over so we might see a mix market
DJI is now on the distribution phase. We might see a sharp pull back to get more liquidity for that big future bullish rally .
As China tries to reopen , a big increase of covjd cases are in the rise . Tech will move up due to the reason tht most of people will have to go back to lock downs . The demand of production might slow down . Small breakout before it goes back up .
Price might consolidate and create a bullish flag. Price is below a support and resistance level. We can clearly see a double bottom, and a shoulder to the left side. This can be a bull trap. waiting for a breakout or new patter in smaller time frame.
we can see a nice head and shoulders pattern on AUD/JPY Price tried to make a downtrend channel. Price might create a fake bullish momentum then reverse.
We can see a nice head and shoulders pattern. RSI shows bullish momentum, we need to be careful cause it can be a bullish trap. We might see a temporary bullish movement.
Price has created a head and shoulders . Price might get bearish before holidays . Very risky .
DXY- 1H 1z. We can clearly see a head and shoulders patter above a daily support and resistance level. 2. October 11 - IBD/ TIPP economic optimism OCT. & United States Consumer Inflation Expectations. If we get a high inflation reading we might see more bearish move for SPX . Price might open lower on Monday to scare buyers away and reverse after inflation...
Price is outside a Bearish flag. Downtrend momentum . low volume of buyers
Market is creating a bearish flag. Market will continue its bearish move. At the moment will see a accumulation of liquidity
Sellers pressure . We might see a big another breakout. Not enough buyers at the moment.
CAD/JPY is inside a downtrend channel we need price to break the equilibrium point in order to take a trade . No clear trade. Market is getting liquidity
AUD/JPY is going for the first breakout . Buyers liquidity.