Overall looking at bearish sentiment on Tesla (TSLA) down to projection of the 725.05 area. With war, inflation, and the aftermath of the pandemic, a lot of stocks have started a sell-off. We could see a possible small retracement bullish however the overall sentiment is bearish. It lines up with a strong demand level, price action, and Fibonacci TP projections.
2020-going on: -Pandemic with failed vaccines and endless boosters -Supply shortages -Struggling job market -Skyrocketing bond purchases -Tapering right after -Never ending tensions between the US and China -Never ending tensions between the US and Russia -Extreme tensions between Russia and Ukraine + western countries -Small and mid cap stocks tanking non stop...
Since the pandemic BTC is bullish. The Fibo is indicating a bear market, or maybe the resistance is not there yet ?
GOLD has a monster CUP and HANDLE playing out on the Weekly TF spanning over 10 years now. The Housing Market seems to have reached a BUBBLE/HIGH. What are your thoughts on the markets for the future, please like and comment. NFA.
SP500 looks like it could form a double bottom or come down to the Rising Wedge target. With all the VIRUS FUD it is no wonder most markets in the world are pulling back but I still expect a major market crash in 1-2 years. NFA.
1. Be aware that the SNB (Swiss National Bank) had set a minimum exchange rate of 1.20 CHF per EUR for some years to keep Switzerlands economy in place, because we rely on exports. 2. This synthetically set level can be seen in the period from 2012-2013 where the price basically did nothing for weeks and was just kept alive at that rate 3. On 15.01.2015 this...
Good morning everyone, Below is a list of some of the events that have most influenced the movements of the American stock index from the beginning of the Pandemic to today. The same events can also be used to accompany the movements of other indices to study their effects. Apart from some unforeseen events, everything revolves around and is supported by what...
The chart says it all, the momentum of DXY has recently been bullish. There should be some consolidation around here. Once the consolidation is over, it has two choices. The first choice is, it will continue to go up and go back to Pre - pandemic levels. The second choice is, it will go down and break the yearly support which is the purple box. This will be interesting.
Hi Guys, #Evergrande #EnergyCrisisEU My question to you is the following: In your view, what's the risk posed by above two factors to Stock Markets? Are these threats sufficient to bring back uncertanty? Thank you for your thoughts and kind regards Cozzamara Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The...
Oil is its last stand. Dollar is on its rescue from devaluation the currency. No hyperinflation is modern time. FED bank have printed and push not just oil to record levels from minus prices. Lumber to stellar levels with copper. Commodity sector is very overpriced over all because of the inflation thats been going on since 2017 and zero rate for 10 years. We are...
Corona the Pandemic, The Recession of 2021. There too many factor playing out and 2021 the Q3-4. Printing more and more money to stabilize market. Wont last. Too much devaluation of dollar would risk more to the ecnonomy. Money would become worthless and it will never be a hyperinflation again. Dollar is already hovering around lows but still building upwards. As...
Wall Street dipped on Wednesday on concerns that the spread of the Delta coronavirus variant could slow economic growth and on uncertainty over the timeline for the Federal Reserve to pull back its accommodative policies. Shares of tech heavyweights were among losers with Microsoft Corp (NASDAQ:MSFT), Facebook Inc (NASDAQ:FB) and Google-owner Alphabet...
As September began last week, the markets are nervous. Stocks have seen some pretty awful seasonal price action in September and October. Crashes occurred in 1929, 1987, and 2008 in October. Commodities are highly seasonal markets. Some commodities typically reach seasonal highs and lows during various months of the year. Futures prices ordinarily reflect...
🏛LUMBER must have been one of the best performing assets since the pandemic begun With the price increasing by whopping 581% from the covid crash lows Such a massive surge was determined by the home building and renovations fad With the disrupted supply chains adding fuel to the fire Now, however, the pandemic hosing boom is over And the price dropped by...
On the DE30, price has been ranging inside this wedge since many weeks without any success to go out of it. Now, as the path becomes narrower, it's time for a real battle between the buyers and the sellers. The buyers of course have a higher winning ratio since the world is recovering from the covid-19's pandemic that has drastically hit the industrial sectors in...
MHRIL is a popular hotel company operating in India. The stock reached its all time high in 2017 and is consistently in a downtrend since then. After consolidating below the significant zone the stock witnessed the great covid 19 fall. After the recently announced stimulus package the stock has shown a fresh breakout of significant zone. Buying opportunity is seen...
Looking at the MACD projection model for Malaysia, it is rather alarming... The current wave is Wave 2 for Malaysia and it is accelerating at a faster pace than previously. suggesting that the plateau for this wave is further out, being months at least. Unless, a lot is done to control the situation pronto. As I am not privileged to the local happenings, I can...
Travala is my favorite Alt for a year now. I continue to buy the dips and sell the bounce. This is one of the undervalued Alts hit by the pending. If you believe this summer tourism and traveling will ease down, then have a look at AVA. Technically AVA is staying strong above EMA, continues to climb vs USD. My new entry is marked in blue. You can have a...