China news are more often..
I won't mind if the prices continues to go down, because of the low risk of my position at the moment.
Confluences:
-false brake-downs
-61.8 retracement
-buy the rumor sell the news
-MAs work
As Bullard (FED) spoke, the bond market is challenging the narrative of a soft landing.
The 3 month to 10 year yield curve, which has hit every recession in the last 20 years, inverts to its lowest point. Signal that the bond market expects a recession, slowdown or anything that does not mean a soft landing
SPY In this 2009 weekly chart, we saw the ff:
1) dma 50 x dma200 (deathcross) also wma20x50
2) price created a low, then bounced up to retest dma200 (wma50) but was rejected down
3) price went down back to retest that low. (The present low was the June low around 3636, a major decision point)
MAJOR RISK AHEAD: Now we have to see this week if SPY will recover 3636....
For gold based on the performance of the dollar and the world economy, I place SPECULATIONS as part of my knowledge, which I will gladly verify in the time frame specified on the chart.
EUR/USD 🔼
GBP/USD 🔼
AUD/USD 🔼
USD/CAD 🔽
XAU 🔽
WTI 🔼
Almost three weeks of an inverted US bond yield curve has led investors all but confirm the recession, and sluggish GDP data on Thursday could be the nail in the coffin. The latest price to yield readings of the two- and ten-year Treasury notes were at 3.0081 and 2.785, respectively, which remained inverted...
The Chinese stock market is performing better than counterparts around the world. However, the risks surrounding the Zero-COVID policy and a potential global recession weigh on the advancement towards my targets. Trade with caution ⚠
This is not financial and I barely, if at all, know what I am doing. But, please follow if you like my predictions.
I thought I would chart NKE because Cramer talked about it the other day and it's fun to watch his inverses. He said Nike was a good buy at the end of last week.
I figured with an economy that is in a recession (not technically), inflation out of...
Hello everyone, as we can see our last 2 major financial crysis were 3 and 2 years, and each of them we had a drop of around 50%. This virus started the crysis and even if people say that the virus is not as serious as the media makes it out to be, people's perception of the virus is that the virus is really serious, so this is why the panic could be hard to be...
