Price could bounce from this zone, or continue to zero, which is not very probable.
Spring plan - on account the bottom holds over the next few months, this is how I see it developing. - Macro reclaim of 20k gets tested over the next month(s) - Dips into green zone are ideal entry points (zoom in on LTF for setups/invalidations) - MACRO invalidation below 17.1k and signs of weakness in green + reaction to 20k level will be warning signs -...
I multiplied SPY, DOW, Nasdaq and TLT together to get a broad picture of the state of the US market and have noticed this channel here. We are now at a critical bounce area established by the covid bottom and 08 bottom. If it doesn't hold this, then to me it would be safe to assume that this decade long trend is over and it will be reshaped into a new trend...
Hello Traders I have become very fond of the higher time frames. After 4 years plus experience you do everything you can to drown out the noise. This is a macro thesis but will allow you to feel confident in playing one side of the market for the coming months. We must wait for the DXY to Retrace before this potential thesis hits its breaker trigger! Happy...
Enjoy the ride everyone. Should be a fun year in this high volatility zone. IYKYK, "makes sense, right?", etc. blah, blah. Received some news letters on CMF's this week from investment affiliates. Be sure to see what the 95 is being fed as we approach Q1/Q2. 3 Major talking points seem to be trending. As always, happy trading, and good luck!
Enjoy the ride everyone. Should be a fun year in this high volatility zone. IYKYK, "makes sense, right?", etc. blah, blah. Received some news letters on CMF's this week from investment affiliates. Be sure to see what the 95 is being fed as we approach Q1/Q2. 3 Major talking points seem to be trending. As always, happy trading, and good luck!
WHY? I worked lately on finding the macro tops and bottoms. The reason why was to always have macro signals in mind before deciding to buy/sell a single stock as the macro always influences the price trend for individual stocks. This idea talks only about the Macro bottoms. Be on the look out later for finding Macro Tops! HOW? You can see when the first buy...
Hello, everyone! Today we would like to discuss macro and crypto, what affects that, what depends on that and what to expect from the market and when the new bull cycle will start A LITTLE BIT OF THEORY 1. US PMI (Purchasing Managers Index) – macroeconomic indicator that shows the level of business activity. 2. DGS 1&5 – average 1 and 5 year US Treasury...
I just wanna share some of the things I worked on it's still incomplete, and still adding some of my analysis I used Wyckoff theory, pattern recognition(This cannot predict the future but it can help us define what can are the possible moves that btc will do) Observation : -Every 1st month of the day of 365 days before halvening, btc tends to show sos sign of...
WHY? I worked lately on finding the macro tops and bottoms. The reason why was to always have macro signals in mind before deciding to buy/sell a single stock as the macro always influences the price trend for individual stocks. This idea talks only about the Macro bottoms. Be on the look out later for finding Macro Tops! HOW? You can see when the first buy...
This post is merely a follow-up to my December 2022 study and does not constitute financial advice. We now see the slope of the "Accumulation/Distribution" switching to the upside, meaning that a macro bottom has likely been confirmed. Any potential retest around the 20k level will be considered a long term buy.
- MAIN INFORMATION - Everything that follows is merely a simple study and does not constitute financial advice. Every first of the month, over the past few years, I take a look at a useful free indicator on the index chart of BTCUSD called "Accumulation/Distribution - with markers" to determine whether the slope is going up or down. When the indicator goes up,...
$SPY is so far chopping sideways without true direction. However, the lack of continuation from recent gap ups is a major sign of weakness. Personally, I'd like more upside to take a brief yet lucrative short position but overall I'm expecting a near-term move to the 390 mark.
Monday 2/27/2023 - In this Video I discuss The technical analysis of the SPY ETF which is a proxy the S&P500 that is often a tell on general market movements. I also discuss broader market Macros I have been watching including last week's and next weeks economic events. We also discuss some recession indicators, and other charts that show headwinds and tailwinds...
Table of Content: 1. Eurozone Inflation Data 2. US Economics Growth 3. NVDA 4. Commodities 5. Technical Analysis 1. Eurozone Inflation Data The Eurozone's inflation for the month of January has exceeded the previously estimated figures, as reported by MarketWatch on February 23. It has been emphasized by policymakers that the economy is undergoing a disinflation...
BTC macro 8-3k target. $600-$200 ETH. crash to start in the next couple weeks after 2W OB is hit on BTC
Monday 2/20/2023 - In this Video I discuss The technical analysis of the SPY ETF which is a proxy the S&P500 that is often a tell on general market movements. I also discuss broader market Macros I have been watching including last week's and next weeks economic events. We also discuss some recession indicators, and other charts that show headwinds and tailwinds...
The Overnight Reverse Repos is breaking the bullish trend and slowly coming down. This means liquidity is coming back to the markets and the overnight FED fixed interest rates is no longer that attractive for the parked capital.