I think that the answer to the question: "is the SP500 in a bearish sentiment?" can be given up. Instead, I will try to answer how deep the SP500 can fall and what else can be expected. On the weekly interval , we can already see the confirmation of declines – cloud breakout. Tenkan line on D1 and W1 is quite far from the price, so in the near future we should...
Anyone, even those who have never invested, will tell you that gold is a safe haven. Especially when the market is pouring blood. Unfortunately, for more than two months now, gold has been falling, despite the fact that the stock market and global indices are showing bearish sentiment. This is mainly due to the change in monetary policy in the U.S. – the Fed...
interesting correlation between the vix & brent crude with economic recessions & "booms" through the years
SPX playbook part 1 Either chop in this wedge for a break to the upside - or total failure and we go 2001 - 2008 style widdit m8
The Russell 2000, as well as the S&P500 tend to have a similar behavior coming out of market bottoms. In this case, we analyze the potential move with past historical data. The first year is usually a strong one, the second one there is consolidation and accumulation, the third there is a strong rally that loses steam near September. Using market...
SPX still looking very weak, which is quite logical with COVID cases rising dramatically in the US! It is very likely heading to the 2200 region (slowly & controlled), the corona financial impact is no joke..
As momentum seems to be slowing, it looks like distribution could potentially be forming. I Will be setting limit orders at this zone as any higher and I'd start to think that all time highs would follow. As world economies crumble it's hard not to be short biased and if that first initial crash in March was just a teaser for what is to come I'd expect a rejection...
EURO is inevitabely going to be perished during this global recession which will become more apparent in our attempts to recover from this pandemic. Liquidity is going to be maximised, so I expect a large impulse to create a position of reversal. On our weekly chart, I expect levels of 1.9 to be tested. Please provide your criticisms, so we can establish more...
1. Significant rally followed by decline 2. Downward trend resumes first week of April 3. Sideways ranging market (no clear trend) #1 seems the most likely imo. Why? Fundamental: pensions allocating from equities from bonds soon. Also millions will be infected with Rona in U.S. Technical: bounce of 50 rsi and MA's Unemployment will hit 8-9%. Say goodbye to...
this is as per the completion of a possible retracement in anticipation to the next bull run ,with a possible payout of 1:54 ,remember stick to money management.
HEY!!! So i did a analysis on the DXY index for next few months and it does not look good for the dollar. Check out this video analysis on the DXY index.
All things come to an end. GM laying off employees, companies cutting back resources, media keeping news of real estate foreclosures quiet. It's time to wake up. This is a good visual of what's happening in the macro markets. Wyckoff labelled and Gann notable date coming up. Good luck.
I feel that VXX is making a run up within the next 3 months, Something is happening in the financial system and the market, economy and investors might not like it.
Germany the 4th largest economy is about to go into a recession, UK collapsing on the face of the Brexit, France government at the edge of destruction, Italy is bankrupt, Greece is bankrupt, China could very well be in a recession as we speak, Venezuela is in turmoil, Honduras, Guatemala, Argentina and many other south American countries are bankrupt. The USA now...
My original idea I published on Christmas day seems to be playing out almost perfectly... but the amount of short interest i'm seeing has me concerned about a short squeeze I will be sticking to my original idea with a slight stop loss adjustment
Hello, I've compiled a few charts I've posted in the past year warning about the economic reality of the times we're in now. My predictions we're pretty accurate up to this point, and I see no reason for it to change. Contrary the evidence for an imminent reccesion only keeps piling up. The front end of the yield curve has started to invert with the 2 year...
The good traders never get famous. They're lone wolves. They won't give you what you want because being a good trader requires peak IDGAFness. What you want is 8 meticulously detailed and data intensive paragraphs about why the stock market is going down 53% from the ATH and how you could have know that back in October. But you actually don't need to know...