In this video, I aim to provide an overview of my observations regarding the approach toward a potential market peak.
I'll offer some perspective by comparing the Dow Jones to the ASX (Australian Stock Market) and discuss the possibility of a significant downturn in global markets, comparable to a collapse. I'll outline various factors contributing to these...
Yet if you read the financial press to make your investment decisions
You would be de risking when you should be putting the pedal to the metal.
Inverse Head and Shoulders points to a whopping price from here once the neckline is broken.
Studying the Dow Jones extensively over the years has been enlightening, but unraveling the patterns within the ASX has always presented a unique challenge. Despite their differences, I believe the outcome from this juncture will remarkably mirror each other, signifying an imminent peak. Witnessing charts with distinct patterns eventually converge in their own...
Hi All,
Found an interesting article for avid chart users on XEJ Australian energy sector on ASX: Australian Stock Exchange, which I believe we can watch out for in the coming day.
The article is on kalkinemedia
and its title is
WPL to BPT: 4 ASX stocks under the spotlight as Energy index reaches multi-year resistance.
ASX:LYC
Lynas Rare Earths Limited, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of rare earth minerals primarily in Australia and Malaysia.
SNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly...
No sleep for me tonight - and I'll be feeding on popcorn and beer! 🤣😂 Maybe a pizza or two. 🍕🍕
The set up here looks like a good short coming up. (Note the brutal disclaimers).
1. There is big trouble with Chinatown all over the world. Something about China banning shares on some American exchange - or something like that. The Dragon Index took a nose dive, and...
Mapping out the exact waves in this ending diagonal in the Australian Stock Exchange.
Wave v is breaking back into the AriasWave pitchfork channel and will soon retest in Wave E of Wave (B) of this Expanding Type-2 Zig-Zag.
Once the final high is made just above the purple line and then dips back below it this should indicate a top.
Once it breaks back down and...
The ASX Ltd is on a very strong bullish monthly streak having gained over +25% in 2019 alone. It appears to be trading inside a 20 year Channel Up that displays all phases of a Bubble (aggressive rise, blow-off, consolidation) from Higher Low to Higher.
Currently it is near the end of the bullish leg towards a new Higher High (peak) which is projected within...
