Bearish for Samsung Possible double top in place Also implies that USDKRW would move higher as Samsung fails hence Samsung is mostly the KRW currency. As global equity indices roll over in 2025 this could move lower
IH&S on back of Trumps tariffs last time it did really well under tariffs Plenty of room to over perform and go much higher back to ATH? Assuming the bear does not turn up right about now. Or maybe thats why this target seems low to us now but will be a nice protected move later on with hindsight.
Bearish case - If Trumps tariffs hit India hardest, he wants America great again and the biggest competitor is India with young intelligent cheap labour force - 39% tariffs I heard maybe incorrect but its big - India has lead the way down - 2008/10 bear projected from this top fits to 61.8 fall to approx 10k big round number - fast scenario to reach target...
Bearish scenario - selling at the top - using TA - Fib based projection suggests a danger zone possible top around 40k specifically 40,379 - Overlaying the 2008-10 bear price structure coincidences with BAGL (bottom ascending grind lines) trend lines which could act as support. - Assuming this is major bear, from the top 50% or 61.8% fib retracement is...
Here are the levels for bull or bear on the SPX based off a fib extension from the macro lows. What is interesting is how the price has reacted off the 0.618 and 0.5 levels suggesting that it has further to go because we have broken out However if you draw another fib extension from the lows it shows a top around 6100-6150 range where we are now. Good luck -...
Self evident updated chart Needs a big red candle to wipe out the bulls and get rid of the bears Poss as deep as 73k most likely 76/77k to the neckline of the IH&S pattern. Assuming the pattern is valid so as not to invalidate it.
Bullish long term chart Bearish shorter term Look at all the big red candles before a run happens. It clears out all the leveraged longs then lets the market go up. Allows the bears to close out their positions so the market is free to advance We have not had a big red weekly candle on the BTC for a long time so fasten your seat belt!
Bullish Gold play 13 x from here on multi year chart Gold in triangle breakout CRB in triangle breakout (Commodities Index) nice wind up RHS shoulder is triangle wedge pattern with retest double bottom in the head part of the pattern too
Bullish Triangle breakout back to $3.5 Gold in triangle breakout CRB in triangle breakout (Commodities Index) no brainer!
Bullish chart Looks like multi year triangle break out my guess is upside It could break out and stop at a fib target so guess round number is 80 at fib =1 I am tracking about 22% increase from here to gold base metal target so this is 4x of that move which seems a lot can it do that in 2025 or will we need a bit longer. I don't know, lets wait and see its a...
Bullish chart 100% on the table I am tracking about 22% increase from here to gold base metal target so this is 5x of that move which seems a lot can it do that in 2025 or will we need a bit longer. I dont know, lets wait and see its a multi year chart so muli year target Equites look over valued generally so this may be a safe haven in any bear market because...
Simply put, USA needs the interest rate to be lower, it bounces off the long term KLOS then we could see a change in direction for bonds something that next to no one is expecting. Trump is coming into help save the world. So his new team will make structural changes Elon could tweet to all to buy bonds and hey everyone who follows him takes action to save their...
Bearish case Dow to drop 20% from ATH to be into a bear market 20% from ATH = weekly 200 EMA so banks will try and hold the price at 36k I think it bounces here and then eventually fails and we get a big equity bear market We have two H&S patterns that together take us below 36k if their targets are met be a nice trade if it bounces at 36k off the 200 EMA to...
Bullish signal for Alts Others market cap shows breakout in JPY Others shows the total crypto market cap minus top 10 (Also you could pullout timing view more and consider the macro chart which shows price is supported or risked by long term trendline support not shown here.) You have to love that the Others price was supported by the 200 EMA so the banks got...
Lessons learned: Bullish target for cup and handle for breakout of alt season in 2024 met exactly I did spot this much earlier which allowed me to get more aggressive on alts earlier - in reality I added and this chart also with BTC making similar set up encouraged me to not dump my alts at the low when many capitulated right before the market took off. Just...
Bullish draw on XRP on 30 min chart shows channel its NFP today and recently Crypto has a fall into NFP on the day and rallies after the NFP days upto Xmas to participate in the pre xmas seasonal rally. Crypto is moving, Alt season is kicked off, XRP is an early leader does it have the legs to put in another 100% this side of the holiday ?
S&P has made an island reversal It will at some point fall back to the 200 EMA on the daily or weekly 22% Bearish opportunity I think that a multi year top is now in place for this index, this first 22% down may trigger the topping process for this index as sentiment indicators are at record levels and retail participation is at an all time high. Plus money...
Bearish opportunity 25% fall to the key level of support Nasdaq got a head of its self Good luck