illuminating_trade

illuminating_trade Updated 

I see very much potential warning alert signal of 4 major currencies of the world. 4 major currencies that I am concerning are Dollar Japanese yen Euro & British Pound. I was seeing major upgrade of dollar index and stronger dollar but after I hearing Fed's seminar last week and analyzed quadrople charts of yen euro dollar gbp and my decision to made to short...

illuminating_trade Updated 

fear and greed index shows that we are in the extreme greed phase. Powell is still fond of raising interest rate again in september probably. This raising phase could create some deflation secenario/ dollar is very supportive around 100 to 101 area. I am forecasting another strong dollar section would come soon.

illuminating_trade Updated 

wti us oil is bullish. I was thinking about the head and shoulder pattern but I miscaculated. It didn't make the perfect H&S pattern yet!!! How? okay...so the inflation is rising currently due to chinese re-opening. This is awesome for the oil demand. Let's catch this bull trend for short term for now. My target is until 88 dollar.

illuminating_trade Updated 

I see some more upside for 31k with btc trading range. I think this bullish will be the great fake for all traders. It will probably make move looks like the Bear cycle is over but when I see a MACD. It always tells that 14k is much possible. I will consider short btc around 31k. I won't buy btc for now. I would rather wait to short this bad boy. Enjoy...

illuminating_trade Updated 

dxy looks getting stronger. Banking system's erros is big issue thesedays. Some banks in Hongkong are suffering with higher interest rate and debt. I was thinking that SVB was not a big deal. But many banks are suffering like a domino.

illuminating_trade Updated 

overall crypto market might fall between april to june the 2nd quarter of year 2023. Monthly candle shows the reversal signal and weekly candle is very much in bear mode. I was expecting for 12k falling but NOW!! I see the biggest crash. MACD is showing rapid selling also. Altcoins will be domino indeed.

illuminating_trade Updated 

we have to be careful to trade crypto from now on. Looks like bitcoin is in the bear mode. I was expecting to get some 31k but I should short the btc now. sell sell sell

illuminating_trade Updated 

Dejavu of 2008 recession is looming here in the world stock markets. This is not a joke. Deutsch and Cahrles Schwab are having troulbes. What if...more banks are revealing to fail. Are they too big to fail? MACD is getting bearish and all charts are indicating that parachutte mode is on. Looks like we are on the edge of the mountain.

illuminating_trade Updated 

spx showing some bearish movement today. I ananlyzed the weekly and monthly candles both. Candle is changing from bull to Bear right now. This kind of pattern shows very dangerous powerful crash. Maybe the big short will come soon. Dejavu of 2008 crash,.

illuminating_trade Updated 

dow was strong for 6moths. But looks like final bull run is about to over soon. All governmets are trying to hide the factor of banking crisis. This systematic problem will lead the great crash soon. MACD lost its power.

illuminating_trade Updated 

I took a profit around over 40% today. I analyzed bitcoin's move deeply. Looks lke bearish divergence is showing. MACD is getting weaker. I wanted to belive that bitcoin can reach 32k but I think 28k is the max for this bad boy.

illuminating_trade Updated 

Recently investors started to care about economic data too much. Always advanced economic data is making the market, not the current data. Of course right now is very bearish cycle. But Dollar is getting weak and Powell is very dovish and stating the disinflation's possibility. We have to predict May's data not the March's. Data dependant investing always...

illuminating_trade Updated 

currently dollar index is with falling trend line. Usually it breaks the falling trend line with second attempts. 100-99 point is the target for dollar. stock market can go up also because dollar index would fall shortly. 105-106 is max I said before.

illuminating_trade Updated 

Please, look at the chart that SPX broke the long term downside trend since this year early-January . If you see my previous analysis I was very bearish since middle of 2022. Normally long term down trend reversal last at least 6months. Upside has shown for 3months now. I personally belive that one more quarter is left to play bullish further more. 1st....

illuminating_trade Updated 

whenever btc wants go up. it makes very difficult move and pattern. If it shows easy pattern? what if... I wouldn't think about buying rather short. Long secenario is still possible. This kind of pattern can make beautiful FOMO !

illuminating_trade Updated 

this falling wedge pattern could remarkably strong soon. I personally belive that strong upside is open for nasdaq and snp500 which are related with QQQ etf. wonderful upside is expected and MACD is getting strong and downward trend is about to end. Look at the ABCDE pattern in narrow box.

illuminating_trade Updated 

2000 is my target for the gold. WHY? because I see some volatility from current market. Much volatility means much safe haven. investors will invest into gold more with this circumstance. technically this bottom line above is remarkable bottom for the gold also.

illuminating_trade Updated 

Copper price shows inflation didn’t die yet and it will continue to grow. Copper price will be the real threat soon. Higher copper price means higher inflation.