The markets are now correction and despite the fact the dollar has had a slow rally in 285 days it struggles to gain momentum and stay bullish. Now you can see from the charts that its heading into some sort of consolidation zone and I would personally short the dollar if I were trading it. I do not have any open positions on the DXY and I would watch it...
The VIX measures the fear in the S&P 500. Even if you only trade or invest in crypto or stocks watching the VIX is critical in learning how to measure the sentiment of the general market regardless of what you are trading or investing. I use the VIX for even crypto trading and suits me well. It does the complete opposite of the what other stocks or cryptos do....
After watching 401k Portfolios dive down due to the Russian invasion of Ukraine , we can see on the charts and on this video that their is light at the end of the tunnel. Markets are now correcting such as the Dow Jones and although its slow progress we see that gains are being made once again. Find out for all the details on this technical analysis video. Give me...
Hello fellow traders, Please check out my analysis of QQQ, I go over different possibilities of a market correction; how far down the market can go, and where to look for bounces. I also dive a bit into why we are seeing this type of price action. Take a listen and let me know what you think