Traders, We all know that the USD is still the global reserve currency. And who governs the strength or weakness of the dollar? Yours truly, JPOW and co. Crypto currency prices are absolutely without question tied to the broader markets and the U.S. dollar. Therefore, we MUST consider how our crypto lead dawg will respond to JPOW's rate decision. With that said,...
Traders, This is an extremely interesting and critical area for the Bitcoin. I am seeing some new variables that we would be smart to consider. And, I answer the question you have all been asking, "Did I sell yet"?
Traders, Let's take a look at the charts after this bloody day in the U.S. markets. - Stewdam.us
Traders, Here is the video version of my last post . For more, see "Link to Related Ideas" below. -Stewdam.us
The Fed has threatened to raise interest rates two more times this year. But will they? That and news signs of life on the charts. For the first time since November, I am starting to see small indications that the bulls are about to make some moves!
There is a cup and handle forming for VIX. Dependent on Ukraine and JPow news over the weekend and throughout the following week, but there is pre weekend enough support for the start of a handle. This rise in VIX will correlate with a fall in SPY. Bullish VIX, Bearish SPY.
The dollar has hit it's target up. What does this mean for the markets? Where do we go from here? What will JPOW do with interest rates? Will the FED use the conflicts in Ukraine as an excuse NOT to raise rates 3 times? Let's talk about this.
spy prediction if jpow sticks to 3 rate hikes and we could possibly see 450 faster then you can sneeze. if he says something like 5 rate hikes then we could see us retesting the 420s again before reclaiming the 200ema. sell the rallys. buy the dips. DCA long term holdings. but d.c.a! see linked chart below (from october 1st). so far. still holding true.
Both the S&P500 and Nasdaq futures tonight have tagged Daily Support levels. The CME_MINI:ES1! has hit the Daily Kijun Sen which is the 50% Retracement of the December 20th through New Year rally and CME_MINI:NQ1! has hit the Daily Senkou B which is the 50% Retracement of the rally of Q4 2021. Checking news events this week JPow (Jerome Powell) is scheduled...
Interesting and consistent correlation in the way the market reacts to each FOMC meeting.