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Macro Monday 26 Global Index’s Breaking Out As its Christmas Eve I wanted to do an early release for tomorrow and share something positive and Christmassy but at the same time share something of value, so here is a look at some of the major global ETF index’s and how promising they appear towards the end of 2023. A clear sector stands out. Vanguard Total...

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Interesting set up on CRYPTOCAP:INJ 10 month moving average appears to be holding up price. There is some nice confluence between the parallel channels and fib ext levels. 10:1 + risk reward (STOP @$15.00) High risk play so position should be small God speed PUKA

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U.S. Headline PCE - Lower than Expected ✅ Actual: 2.64% Exp: 2.8% Prev: 3.0% US Core PCE - Lower than Expected ✅ Actual: 3.16% Exp: 3.4% Prev: 3.5% As highlighted on my recent Macro Monday post Core PCE is the Feds favorite metric for measuring inflation (as it excludes volatile price swings from the likes of energy and food and gives a good...

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Macro Monday 25 The Feds Favorite Inflation Barometer – Core PCE The US Core Personal Consumption Expenditures (PCE) are released this Friday 22nd December 2023. Currently Core PCE is the most important component to the Federal Reserve in making their interest rate decisions and thus it will provide a great insight into what lies ahead in terms of interest rate...

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NIO ✅10%+ move indicated in pre-markets ✅This will put NIO above the PoC(Point of Control) ✅ With the RSI Bullish Divergence this presents and opportunity to enter a trade above PoC and to place a stop under it with an almost 8:1 Reward to Risk. I have a long term medium sized position in NYSE:NIO so i have been watching the chart for opportunities....

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ARKK Innovation ETF I have been in since $45.87 with a small position. AMEX:ARKK is typically offered with leverage so if you do take a position keep it whimsical and margin high. For me this is a long term, very small position play but we could have a break out here, so i thought i would share. The chart speaks for itself, price has just raised its head...

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The Core and Headline CPI Chart This CPI chart illustrates the following: - You can clearly see how Core CPI is less volatile than Headline CPI. Core CPI removes the volatile food and energy expenditures to provide a more general view of underlying inflation (based on a fixed basket of goods) - It is clear that we are not at the Federal Reserves target of 2%...

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Grayscale Bitcoin Trust (#GBTC ) Grayscale Bitcoin Trust is the largest closed-end Bitcoin fund in the world Some great entries all over Finwit and I'm late to the party, are you? Don't panic. Let the chart guide you You could enter a long term initial position here but I'm waiting for at least a pull back to $14.85 for a 2nd allocation or a shorter term...

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Hi Folks We have to try an remember how crazy history has been in order to try and project an expectation of the future. Not a prediction, just a this could happen as its happened before. Megaphones love volatility. Puka

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US Inflation Rate YoY Comparison - ECONOMICS:USIRYY Stark similarities to the beginning of the Great Inflationary Period (GIP) which ranged from 1965 - 1982. The GIP fractal is not a prediction, it only offers us perspective and context. As an example, US Inflation YoY could potentially bounce around between 3 - 4% for another 32 months as it did between 1975...

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Just an observation Not a prediction You have to admit, that 200 day & FWB:25K support looks appealing for a trade (with a stop well under it). PUKA

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FOMC DAY All Major Market Indices initially making progress higher and reacting positively to the the FOMC meeting. Whilst these are monthly charts I'm sharing the prices are updated as of moments ago. Main comments from Powell Today: 🔸TODAY AT FED MEETING MANY PEOPLE MENTIONED THEIR RATE FORECASTS 🔸THERE WAS A GENERAL EXPECTATION THAT RATE CUTS WILL BE A...

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Possible parallel channel break out. - 1.618 Fib Ext & Channel target is $8.51 to $9.13 - Plucked positions at green circles for long term hold - RSI continues to rise - Above 200 day SMA (same as 40 week SMA) - Failure to break above (which is very possible) will only lead me to make another allocation on RSI trend line retest. NUBANK Fundamentals look...

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NUBank - NYSE:NU ⚠️We already lost the 21 SMA ✅Raised my stop to $7.55 Good news is we have POC under price and we had two touch downs to the $7.70 level. IMO if we lose these both, the diagonal line too will be lost too & id rather get some of the position off the table. I still think we can bounce and go higher with a wave 5 extension higher. You could...

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NUBANK - NYSE:NU A beautiful case of Technical Analysis providing all the structures for a winning trade. First shared this idea earlier in the year. It was just an idea....now we are almost 100% up. Surpassed 90% return on this trade since taking up positions in June 2022 and again in Jan 2023. I sold a portion in Aug 2023 with a breach of the 21 day SMA...

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US Small Cap 3000 - TVC:RUA Chart is approaching an important boundary Pennant has clearly formed, compressing price An upward sloping 200 SMA which is also acting as price support is a positive feature Lets see how we deal with this diagonal resistance over coming weeks PUKA

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US ISM Non-Manufacturing Index (ISM Services) Next Release: 5th December 2023 (released on third business day of each month) The U.S. Institute for Supply Management (ISM) Non-Manufacturing Index (“ISM Services”) encompasses a wide range of services across various industries. The index is designed to measure the economic activity and health of the services...

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ADA/BTC Keeping it simple ▫️ 4th time ever weekly RSI was this over sold ▫️ 116 week High to Low completing 20th Nov ▫️ Breakout window 20th Nov 2023 - 29th Jan 2024 ▫️ Bull trend confirmation = break above 50 week SMA ▫️ Great risk/reward here, stop under diagonal support And then PATIENCE