To the rescue 17yr Cycle reveals: bull market in SPX Gold WTI & bounce in TNX & bear market in USDCHF & DXY. Importantly on 3 occasions no change in DXY after 39 WKS. NOT ADVICE. DYOR
Here we have a chart of Nikkei 225 index on a 3 day chart.
Nothing is more powerful than identifying potential trend reversals, notice that I said "potential".
Nothing is guaranteed when it comes to trading, you will never be 100% winning in the markets.
The only edge that you have when it comes to trading is identifying trend accumulation, distribution and risk...
Will SPX recover like 1990. Nikkei MACD >0 to give SPX a boost. USDJPY could surprise. Caveat - points chosen for comparison are when Index dropped below MA yellow to MA in blue. NOT ADVICE. DYOR.
Some evidence that drop in NIKKEI 225 MACD to <0 followed by SPX close below monthly 50 MA dealt killer blow to SPX. Caveat small sample size. NOT ADVICE. DYOR.
Crisis or crash will happen from time to time.
However, the funny thing is, human psychology is so fixated in "Avoiding the Pain" versus "Taking the Opportunities" when it is presented.
Why people like Warren Buffett are the richest people in the world? Despite not using any form of technical analysis? Because fundamentals matters and capital flow matters.
Yes,...
Hello traders!
Today we will talk about stocks, specifically Nikkei and why USDJPY can see higher prices.
Well, as you may already know, in EW theory after a three-wave corrective decline, the trend should remain to the upside. This is what we see in the stock market all the time. However, Nikkei got our attention, because we can see a nice five-wave rally after...
Check yourself. Take current RSI levels for $NI225 and $TNX. Find best matches. I've picked out maybe the best two. Do you see what I see? Not Advice DYOR
There is NEVER a SURE 100% trade. And I'm not giving you one. Let's be clear about that. But as you can see on my chart, I'm sure enough about what is about to happen to the Nikkei that I am already SHORT on it TWICE OVER. And if prices do go the way I am projecting and they do pull back up and cover those HUGE gaps that were left behind, I'll be looking to sell...
