Looking for US30 to start dumping this week. We had another consecutive week of increasing open interest. High impact news drivers this week. I think interest rates will remain the same, they are predicting it to increase by half of a percent, if that does infact happen, we will have a bullish DXY which means risk off for large investors, money would be pulled out...
Looking for a sell setup in that red area just above where price is currently at. I want to see Tuesday create the low of the week, Tuesday or Wednesday Then get that expansion to take out short term high. The Long I will look to take below Monday's Lows... in that bit of imbalance just above 50% of the weekly range. I am assuming that the current weekly range we...
Let's get that retracement in the 2nd quarter for that higher run. Euro has been taking a beating since last year post Covid, Brexit.... News is just the excuse to move the market
Every 10yrs the market experiences a recession. 2016 was supposed to be the next recession however, the FED decided to pump more money in the market (Quantitative Easing) which is evident on the charts, there has been no significant pull back since 2016. This is what puts the market in a bubble. When this bubble burst it's going to be catastrophic. Nasdaq to 4k 🤷🏿♂️
It has been long overdue for a market correction. I'm looking in the 30k area and below for the reaccumulation to continue higher.
Looking for the bullish run to take place on bitcoin pretty soon. I feel like the accumulation of buy orders by the market markers will happen under 40k.
Looking to see price react from this month area. We had price opening and closing multiple times at a specific price point in this area. Even though the bull run may be short term, I wouldn't be surprised to see price stay in this area for a while before doing it's thing
Oil prices are being pumped no pun intended. The false demand that is being created is the excuse to push prices higher and higher.
Long term I see Gold pushing past the 2k mark again. Over these past few months since the drop from 2k Market has been accumulating on a larger scale/range/higher timeframes and if you are looking from the market from the perspective of supply and demand/liquidity you can take note that gold has just been by passing the pockets of money areas without violating...
Major Corporations are buying physical metals Gold being the most sought after, with the scarcity of gold that alone in and of itself is catalyst enough to drive prices higher. A deeper look into the fundamentals, Open Interest is rapidly declining which means these big corporations are expecting Gold to see higher prices very soon so they are deceasing their...
New wave of the corona spicing up the markets once more, or is that just an excuse for the sell off to come. Talks of Tech Bubble has finally burst. Election aroma in the air and Price is already showing some reactions. I like the 28000 whole level. If Shorts start to cover and bulls hop on the ban wagon, I would expect Price to stall round about the 27750 - 28000...
PRICE HAS BEEN ACCUMULATING FOR THE PAST 3 MONTHS, IN AN AREA WHERE ON THE HIGHER TIME FRAMES, LEFT AN IMBALANCE IN PRICE. BELOW THIS AREA OF IMBALANCE WE STILL HAVE MORE PRICE INEFFICIENCY IN THE 80'S PRICE RANGE. PRICE DID IT'S THING AND HAS TRAPPED BREAKOUT TRADERS AND NOW, THE EXPECTATION IS TO SEE PRICE MOVE LOWER TO FILL SOME OF THE INEFFICIENCY BELOW....
WE HAVE ALL CO-RELATING PAIRS RECENTLY MADE ALL TIME HIGHS EXCEPT FOR THE DOW JONES. PRICE GAVE A PRETTY DECENT PULLBACK. NOW LET'S SEE IF THE BULLS CAN BRING THIS TO 30K
LET'S SEE IF WE CAN CLEAR LIQUIDITY BELOW AND FILL IMBALANCE AREAS BEFORE GOING HIGHER.
Long term I am wanting to see this move to the down side, before we can achieve that, I want to see areas of interest to the upside get taken before that massive fall off
WITH THE NASDAQ MAKING ALL TIME HIGHS, I'D EXPECT TO SEE THE SPY FOLLOW ALONG IN SHORT ORDER. DIVERGENCE HAS BEEN HEAVY ON THE INDICES WITH THE NASDAQ ALWAYS LEADING. TRILLIONS OF DOLLARS WAS PUMPED INTO THE ECONOMY VIA QUANTITATIVE EASING WHICH COULD/IS PUMPING THIS ASSET HIGHER......