VulcanoRosso

VulcanoRosso Updated 

this is not what i'm expecting but , if global economy is really going into a severe depression phase , then stock market can run for more unrealistic valuations before it happens.

VulcanoRosso Updated 

i don't call this a top but , a sharp drop is likely to happen in 2021 , but i don't think it will be something like great recession , great depression , economic collapse etc... slower but strong recovery can follow that drop too. the previous forecasts are completed in expanded timeframes.

VulcanoRosso

looking for a market correction up to %40 before the long term recovery. VIX target : 50-55. it cooled down all the way back to the bottom , from the covid-19 tops . i don't expect it to spike up through 70-80 range again.

VulcanoRosso Updated 

expecting more upside on oil prices.(both wti & brent)

VulcanoRosso Updated 

i think GBPUSD pair may target up to 1.40s. but a very sharp pullback can happen here first. look for buys around ~1.27xx.

VulcanoRosso

dxy still can drop another leg in short term trades , but i don't think it will continue to much lower levels in 2021. when the equity markets goes for correction (up %40 can be expected) , DXY can spike up over 100 again.

VulcanoRosso

oil prices maybe on the road for another bottom in 2021. ATH possible in 5 years possible due to massive demands followed by a robust economic recovery .

VulcanoRosso

strong rolling into 2021 possible.but a tiny drop can happen here first.

VulcanoRosso Updated 

upside reversal is more likely here.

VulcanoRosso Updated 

decision zone. breakup can be very agressive. stop > if breaks down & daily closes.

VulcanoRosso

however another moderate pullback can happen in short term before going up over 4000.

VulcanoRosso

looking for strong bounce after elections.

VulcanoRosso Updated 

seems like another consolidation for breakup.

VulcanoRosso

looking for buys.

VulcanoRosso

looking for a very strong spike up.

VulcanoRosso

i think equity markets will run for all time highs. we might see some sharp bullbacks in short term trades , but overall bigger picture still looking bullish to me. watch for big dump if SPX overshoots up to 4000-4200 range.

VulcanoRosso Updated 

possible bounce & continuation. look for buy setups.

VulcanoRosso Updated 

looking for a bounce again. dow30 can make through ATH. STOP below 26.000.