Possible long term path for the DJI between now and January 2025. Save and check back in 6 years. Red boxes are targets where we'll probably see some dead cat bounces along the way. Orange box represents the 18-month long presidential cycle. Green box indicates where one should "back the truck up" for a stock market reload. (Bottom of the crash... maybe anyways)
After midterm elections, 12 month period is higher since WW2. Strongest and surest rallies occur Nov-Apr. quantifiableedges.com/this-incredibly-bullish-seasonal-period-has-just-begun After 2 years of joined power and the incumbent losing the house in the midterm election, chances are high, that there is a bear market coming within a year.
HOWDY!! - Sticky Joe Sup Peeps, Ok so I have been looking at the charts today because I wanted to make a new TV idea, and I noticed something. WE HAVE BEEN IN A BULL MARKET SINCE JUNE 29!!!! Every single one of those waves up that we have had since June 29 has been actively price-suppressed by the whales (those magnificent b@stards). Bitcoin and the alts have...
Expect 1.13 to hold, unless the Republicans get a majority in both chambers in the mid-terms this Tuesday, which is the less likely scenario. Trade Setup : Entry 1 : Market price (small lot size) Entry 2 : Pending @ 1.1360 Stop : 1.12999 Target : 1.16 to 1.18 ** Have a look at my other post for better overview () *** Don't hesitate to like and comment ;)
Last week, prices were well sold at the 21 EMA. This indicates that the bears still have control. An interesting possibility is that prices could hit a Cradle point formed by a confluence of the Triangle boundaries. This point is also reinforced as the lower boundary of a possible larger channel. This mythical point in space and time could present as very...
For all the traders and investors out there, I don't think it's too early to start thinking about this. Also preparing your portfolio for this.
The U.S. Dollar is going to drop compared to the Canadian dollar because of the recent election in Canada. Having the Liberal party out of the Parliament means that PC will stop the damage that was a ongoing problem with the Liberal Party. The PC party will be creating jobs and will be pulling the Canadian debt back from where it currently is as the liberals...
USD/MXN is trying to break through the bottom of the weekly Ichimoku cloud. With the possible improvement of a working relationship between the new Mexican president and Trump, the fundamentals are also reaffirming what the technicals are indicating. A close below the cloud will be a good indicator that the weekly downtrend has begun.
Did the chart just signal the change in Malaysia government before it even happened? Just for fun :) Perhaps we can use the chart to forecast the next election result in Singapore too!
The 5 star movement is emerging as the largest party from the Italian election. The party’s direction is anti-establishment and anti-EU, which could spell further trouble for the EUR/USD. Looking for resistance of 1.2350 hold, with the downward move a higher probability.
Mexico gains a steady recovery after an overnight bullish rally. The price seems to be consolidating between the range of 18.70-50. I expect the price will trend lower but high volatility could see the price reverse at the bullish channel support and test the recent high's above 18.73
Keeps pushing lower with a potential head and shoulder pattern on the daily chart.
NZD has been weak since the stalemate election. I looked at this pair yesterday and thought I wanted to go short it given CAD is a strong currency and generally there are few major news for it this week (BOC Governor Poloz's speech tomorrow and the GDP on Friday). NZD in my opinion can remain surpressed as the NZ politician scramble to form a coalition...
$DJIA 1992 shows a modest 3% drop quickly recovered. Electing a Democrat was a bigger issue.
Euro's game still strong and bullish - following the trendchannel waiting for a confirmation of a bounce back to the 62.Fibo-Level or for a breakout at the top Stay tuned!
GBP has been recovering from short-term drop due to election loom, given the fact that it didnt break the support trend line clearly. *1.29285* would be a good long entry and TP at 1.304. Trade Safe