crownclubfx

crownclubfx

Market reaction to fundamentals, price is due for a correction / retracement.

crownclubfx

Nasdaq has been bullish the past 2 weeks, main reason for this is because: 1. Earning season. 2. Success and bull run of the crypto market. 3. FED Rate. 4. Weekly jobless claims decreased. For now with Nasdaq it would be safer to look for buy opportunities, all though we need a market correction I doubt we will get a big sell until earnings are over. Today we...

crownclubfx

we continue to go short sell zone and a long buy zone is pointed out on analysis, this move should take place at or just after NYSE.

crownclubfx

If our buy zone isn’t tapped before or at NYSE then it’s no longer valid, especially if price reaches our sell zone first. The retreat for tech stocks came as Treasury yields pushed higher. The 10-year Treasury yield increased on economic optimism and inflation fears, topping 1.49% on Monday. That’s the highest since June and up from 1.30% at the end of August.

crownclubfx

Retracement before we continue going down. The Federal Reserve will conclude its two-day meeting on Wednesday and release a policy statement with economic and interest rate forecasts at 2 p.m E.T. Chairman Jerome Powell will then hold a press conference after. The central bank has the difficult task of soothing markets during a tumultuous month, while at the...

crownclubfx

Price should retrace a bit before the bears take over again.

crownclubfx

Bears will take back control - not a lot of buyers after the iPhone 13, Apple Watch and AirPods was released last night.

crownclubfx

Iphone 13 + new AirPods will give us a rally in price, expecting price to come back to liquidation box 15705, consolidate and the continue coming down for a long expected market correction.

crownclubfx

Technically and fundamentally its a great opportunity for a market correction.

crownclubfx

Bull run before we see a market correction? I see price pushing up to either sell zone 1 or 2 prior to a HUGE correction, we could see close to 3000 points down.

crownclubfx

Been a while since I posted, this is what I'm looking at :)

crownclubfx

Been a beautiful 2 weeks! lets keep riding Nasdaq down :)

crownclubfx

Nasdaq sold off earlier than expected - I’m looking at a strong buy in our buy zone but since overall bias is a sell this will be quite a tricky trade to get in, price could keep selling off at NYSE, ideally we want price to retest major trend prior to falling more. Will send a signal once there’s a clear opportunity

crownclubfx

If you would like to trade live with me then shoot me a message, Stop loss and TP's are sent upon market execution. Investors may be worried the economy might be approaching its peak and that a correction could be on the way. In addition to complacency in the market, the combination of profit-margin pressures, inflation fears, Fed tapering and possible higher...

crownclubfx

We are selling this week to at least for some higher lows, market needs a correction.

crownclubfx

Forecast: 700K My prediction: 580-620K Overall negative results so a heavy sell is due for today at 2:30pm South African time.

crownclubfx

expecting downside and some consolidation this week, will update after NYSE this Monday.

crownclubfx

Sorry for being MIA, been focusing a lot on my signal group and mentorship courses, this is what we looking at today!