Hi everybody, very simple! Monday & Tuesday the price accumulated support thanks to Zalensky's comments made to ABC . The interview was aired in between these two days where the rounding line is. Whilst the three attacks to resistance that occured afterward find their explanation in Zalensky's comments, the attack unfolded before 12:00 on Monday is much harder...
Hi Guys, this is a simplified picture of where this pair is. Key pivot points are 1) US Central Bank began QT; 2) Omicron; 3) The Davos Agenda. Main focus should be on the Russian-Ukrainian crisis that escalated in January 2022 following The Davos Agenda when, on 19 January, Biden predicted that Russia would launch an invasion on Ukraine. To be...
Hi everyone, Since May-June this year DXY has been strenghtening. To be precise the run commenced during the 47th G7 Summit that was held from 11 to 13 June in Cornwall, England. The uptrend unfolded a rising wedge that was breached to the upside during the 2nd half of November. On Nov.24th the Index paused and is now consolidating in a range between 97 and...
Good morning everyone, Below is a list of some of the events that have most influenced the movements of the American stock index from the beginning of the Pandemic to today. The same events can also be used to accompany the movements of other indices to study their effects. Apart from some unforeseen events, everything revolves around and is supported by what...
Hi Guys, to keep it simple... Financial Crisis 2007-2008 and Pandemic led to the implementations of QE programmes in combination with other accomodative monetary policies. Following these events FEAR drove the value of Gold to its highest at $2.000 both in 2011 and in 2020. In both these occasions, after having reached $2000, the precious metal bounced off the...
Hi Guys, the above is Ichimoku daily applied to the 4H chart (54;156;312;156). Also the daily moving averages 50 & 100 have been converted to show in the 4H chart (50=300;100=600). Below the Daily chart with its standard Ichimoku (9;26;52;26) but without Chikou and Tenkan. The opportunity was presented when price cleared the Tenkan(4H) outside the Kumo(H4)...
Hi Guys, since Evergrande warned about the risk of default on August 31st, the SPX slipped into the Kumo accompanied by the following series of events: 0) Aug.31 - Evergrande warns investors about the risk of default; 1) Sept.6 - Trading in Evergrande's bonds is suspended following "abnormal fluctuations"; 2) Sept.8 - The group plans to suspend interst payments...
Hi Guys, #Evergrande #EnergyCrisisEU My question to you is the following: In your view, what's the risk posed by above two factors to Stock Markets? Are these threats sufficient to bring back uncertanty? Thank you for your thoughts and kind regards Cozzamara Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The...
Good morning Everyone, this structure shows the uptrend that ended when NFP were released on Friday 3rd of Sept.and also the correction that unfolded afterwards. The Kumo generated by Ichimoku supports the uptrend and keep pressure on the correction and has a similar function to the 100 moving average (blue). Based on this structure a first trade could have been...
Hi Guys, the idea on this pair is to wait for an extension of the pullback to exceed 1.19088. This move was enbedded in the divergence between sentiment and price lows and stopped at July H in conjunction with NFP release on Sept.3rd. In this occasion the indicator didn't stop and exceeded it's July H forming a divergence also between latest two tops. Price:...
Hi Guys, not sure what to do🙄 Comments or reccomandations are welcome😀👍🙏 Be good!😉 Cozzamara Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can...
Hi Guys, it could be a flag or a descending triangle. The handle may hold depending on the pattern. Be good!😉 Cozzamara Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading...
Hi Guys, what's your view on Gold? Are we at the beginning of an uptrend like the one started in 2008 following the Global Financial Crisis or are we at the top already? Please leave a comment and a thumb up if you like the structure. Thank you for your support and for sharing your ideas. Be good!😉 Cozzamara Disclaimer: Please note that I am not a...
Hi Guys, the pullback from C continues and it's looking more and more like a continuation of the bulls run initiated back in April. From September to October WTI accumulated before rising up again in November. This accumulation period resamble a WM formation with some harmonic patterns inside (XABCD). It is very similar to the harmonic pattern unfolded by...
Hi Guys, the divergence with RSI does not mean EuroStoxx will drop. It only shows that despite sentiment declining, index value keep going up. Where are the opportunities? Please share your views and comments below. Thank you for your support and for sharing your ideas. Cozzamara Disclaimer: Please note that I am not a professional trader and these are my...
Hi Guys, November is ending today and it has been a positive month for WTI unless today's meeting by OPEC+ ruins the party. Since OPEC+ mended their differencies back in April and started implementing drastic production cuts, WTI climbed back above the blue horizontal line and was supported above it before running again this month. SMA points down but still...
Hi Guys, watch out for news from OPEC+ The pattern in the circle may be the beginning of a flag or a pennant. Following the divergence with sentiment (RSI) between S2, S3 and S4, price started a pullback above Saudi-Russia Oil Price War levels of 43.830 where it formed the pattern inside the circle. So far the pullback is made of an impulse(1), a...
Hi Guys, it struck me the other day how similar these movements are. Then I discovered that Platinum has a very important industrial link with Oil Refining. Platinum is used in the processes known as reforming and isomerisation, which create the higher octane components for gasoline. Platinum is key to the production of gasoline - without it, refineries would...