While all news are full of devastation and fear of ww3, we could be in the first month of a multiyear bullrun
CME_MINI:NQ1! The Nasdaq (shown as NASDAQ:QQQ ) formed several resistance levels during the year since the beginning of the pandemic, which later became support. The timing would be perfect, for the upcoming election, to bounce off the support level and continue the rallye when the uncertainty is overcome...
I expect Gold to rally hard after the completion of the current handle and another shakeout. When history rhymes itself, we could see Gold prices over $10,000,- around 2030
BTCUSD just formed a new Pi Cycle Top. In the past, this indicated massive selloffs of 90% or more beginning in the next 3 Days after forming such a top. Maybe a good time to rescale the positions or opening a short.
The spread of Volkswagen over Tesla, which was in a downtrend for a long time, now strongly reversed. Shorting TSLA and buying VOW could be the modern way....
NVAX could not even break and retest the old Resistance from August, it also formed a nice setup, where the break was also a break of the downtrendline at the same time. Todays Session retested both, now forming a double support, which could allow us some decent gains...
Yes after the pump in yields in the last days, the NASDAQ:QQQ to NASDAQ:TLT spread did a nice correction. This correction however, by no means ends the bullish move, nor does it even introduce a bear market. Actually the chart now looks even more bullish and I might have sold a lot of positions too early on Friday.... :/
AAPL might be a hated stock currently. Everybody is a yield rate expert nowadays and the narrative that all tech must crash, better today than tomorrow is told everywhere you listen. However, if we look at it from a risk reward perspective, it offers an excellent entry currently. Stops could be placed as tight as 115, with an upward potential of 155, making us...
When we multiply the CME_MINI:ES1! with the dollar index INDEX:DXY we can see some interesting resistance forming. This also tells us how much money was printed and that a lot of the price gains must be considered as actually dollar weakness! If we can not break this in the near future I will be all bearish for the S&P500.....
I expect NASDAQ:TSLA to proceed it's growth to the next step until 2028 which will be an approx. 500% gain.
Be careful with longs in NASDAQ:TSLA before it has passed the old resistance at 426. Its still a good CRV then, so be patient
NASDAQ:TSLA shows a nice nested upward trend momentum, good for minimum risk trade with more than 7 CRV
If we look at Gold in a spread graph divided by the dow, we see something interesting: Either Gold was almost never that cheap in history, or the stock market were almost never that pricy. A good example about why price does not reflect value.
The current S&P 500 monster rallye is actually starting a correction, when divided by its volatility. TVC:VIX Also note how the gap from march panic sales is now closed. We are seeing increased volatility paired with higher prices, which should be seen with at least some caution...
TSLA can be bought for almost 10% DIscount, after its CEO twitters some strange lines.... Uptrend already establishing again
Currently the worst entry into BTC IMHO. But will buy <6000 Unless there will be an outbreak of that flag, of course..
Last days Panic Sells left some naked POCs behind. Would expect BTC to rebound and tick those marks in the next week...
Nach den Panikverkäufen der letzen Wochen im XETR:DAX könnte sich (vmtl nach entsprechender Luntenbildung) ein "CoronaBoden" abzeichnen. Es könnte ein guter Anlaß für den überverkauften Markt sein, zu drehen. Die fundamentalen Daten sind auf dem Höhepunkt der schlechten Nachrichten. Außerhalb Chinas ist das Wachstum noch exponentiell, und große Teile der...