On the daily chart, TAP was on a good trend up heading into earnings which were favorable.
It is consolidated since just after earnings in a " high tight bull flag pattern" Volume has been
healthy with many buyers and seller trading shares in a tight range channel. The stochastic
RSI is now at about 20% indicating TAP is in the oversold / undervalued area. The...
You may have heard the saying, "Gold is the canary in the coal mine to a recession," and let me tell you, it couldn't be more true! Gold has long been regarded as a haven asset, a shining beacon that guides us through economic uncertainties. As traders, we must pay attention to its behavior, as it often acts as an early warning system for market downturns.
Why...
Macro Monday 15
Gold Performance During Recessions vs S&P500
With the U.S. Treasury Yield Curve being inverted since July 2022, many leading analysts believe that the U.S. economy is headed toward a recession in coming months. Many of the charts covered on our Macro Monday releases are signaling some recession concerns (not confirmations). With this in mind, we...
Much to the chagrin of would-be homebuyers, property prices just keep rising. It seems nothing - not even the highest mortgage rates in nearly 23 years — can stop the continued climb of home prices.
Prices increased once again in July, according to the latest S&P CoreLogic Case-Shiller home price index , with 19 out of 20 markets measured showing...
MACRO MONDAY 10 – Historical Interest Rate hike Impact on S&P500
This chart aims to illustrate the relationship between the Federal Reserve’s Interest rate hike policy and the S&P500’s price movements.
At a glance the chart highlights the lagging effects of the Federal Reserves Interest Rate hikes on the S&P500 (the “Market”). In all four of the interest rate...
Macro Monday (2)
Potential Recession Time Horizon
Below you will find a breakdown of how many months pass before a confirmed Economic Recession (shaded grey areas) after the yield curves first definitive turn back up towards the 0% level:
1) 13 Months (Dec 1978 – Jan 1980)
2) 9 Months (Nov 1980 – July 1981)
3) 16 Months (Mar 1989 – Jul 1990)
4) 12 Months (Mar...
TECHNICALS -
HIDDEN BULLISH DIVERGENCE -
Procter & Gamble has formed a nice Positive Divergence or Hidden Bullish Divergence pattern on the Monthly chart indicating upside momentum on the chart
STRONG SUPPORT LEVEL
It has also Reversed Twice from a Strong Support zone which had earlier acted as Resistance level indicating further upside potential for...
Looking at the Weekly timeframe on TVC:DXY we are currently on a strong support area. TVC:DXY isn't showing any signs of reversal back up and with inflation soaring above the sky and powerful allies abandoning the US Dollar for Gold; I can say the recession has just begun!
If you're a trader that deals with pairs correlated to the US Dollar; look to enter...
Following monthy chart.
Before I shared a short setup an it hit the target
Then shared a long setup, it hit the target
This time it's a bit concerning. I got a short signal from my indicator and I think target will be 45.27 in fibo.
SL 112.
This means recession, something bis is coming soon.
GOLD has reached my short-term target of $1,925.62 selling 70% of my accumulation averaging $1,679.25. Similarly, the VanEck Junior Gold Miners ETF (GDXJ) reached my short-term target selling 50% of my accumulation averaging $27.96
GOLD: 14.63% profit of 10% portfolio equity
GDXJ: 44.83% profit of 5% portfolio equity
I am keeping liquidity in Gold as my...
BLUF: 20% swing for 2 months at a 5% risk with the potential for a trend breakout.
Whether or not you "believe" in a recession in 2023, the idea of one on the horizon should alter how we pick stocks. Jim Cramer has been pushing bargain retailers for months and TJX is up over 40% since May of 2022. Taking the idea of a recession and the movement of money into the...
When i look at 12-month chart and use stochastic. I see pretty nicely formed bearish divergence. XAUUSD could hit 1381 or even worst 950. So, I'd recommend you to sell literally every securities that you hold because probably 2 years later could even worst than today. Gold is considered as a safe-haven assets, but if this assets is going down it means financial...
Did some TA & FA today on a long-term & dividend play I like. AT&T ($T). Are we in a recession, is a recession coming, will things get worse before they get better? People need cell phones. Food, water, shelter, then what? Cell phones! If you are looking for a safe play to start DCA'ing, IMO this is about as good as it gets for a safe, long-term opportunity given...
With the 2022 recession ever coming closer, more hints that it’s nearing appear. One of those hints include this graph, which shows the 1 year bond surpassing the 4% mark, and it’s more than any other bond. For the first time in more than 15 years, the 1 year bond surpasses 4%. The yield curve has been inverted for more than 1 month, and it’s still inverted. At...
During recessionary economies, the money-classes that take the biggest hits are usually assets - stocks, real-estate, speculative assets, which, yes, also includes NFTs. As they say, during tough times, "cash is king". As we get deeper into it, we're going to see a big shift in the way people use and talk about their money.
For crypto investors out there (or...
Hello guy’s hope you all will be fine.
Today we will try to find the next move of btc. There is possibility of both loss and profit so i never give you financial advice. But i try my best to inform you the possibilities of next moves in both side
As we all know btc is trading previous week between 19500 and 20k.
There is A trend line on lower side which retested...
The graph you are seeing is about moments before Black Monday happened in 2008, and, as you can see, there was a clear 10% increase in price before Black Monday happened. That is what is happening right now. As soon as the USA reported that its inflation rate decreased 0.6% (9.1% - 8.5%), people became greedy and fomo bought stocks/etc. They thought the trend was...
