Things are likely to give confusing messages today, with the addition of Tesla to the market. The overall momentum is Bullish, Tesla will most likely drive up the price further. However, the market needs to pullback to collect liquidity if nothing else. Remember whenever there are buyers, people need to be selling to them. Be patient on any trade entry long or...
We have a higher chance of continuing lower with the bearish momentum on the $. Though we have seen a nice rejection of this support and the momentum has slowed down. Whether we see a continuation of the current trend or we break the trendline and go higher. The fundamentals this month should aid this move whichever way it goes. Interesting times...
Ernesto, come to see what happened — the jigger is broke cuz it's counting dawn the bucks. I think you have installed it wrong or somgh.
If you take into account the Wall Street cycle we can see the main points in the market move. On a technical level we have a weekly Elliott 3 top forming looking for a pullback to point 4. This is supported by the DXY oversold level on it's stochastic. COT data is showing a move toward short positions (not heavily) so again further support of the drop....
Not a metric one would hope keeps exploding upwards, but it will be interesting to see what the USA COVID-19 death reporting looks like over the next year now that 2020 is over with. Hopefully by summer we see these numbers flatten again, but I expect a new surge around August/September 2021 along with the changing of the seasons and weather. These conclusions...
Here we go... Pop corn ready !? HAPPY TRADING! MORE TO COME.
Gold has a potential pullback to go long. (ignore the 0-5 levels) more the idea in general terms. The DXY requires a pullback this lines up with some Delta turning points. With Bitcoin, SPX and Gold rising as the DXY drops. The Correlation makes this an obvious next step. Just a question of when. If you look at the monthly chart (below) You will see the...
Check out the link in the related section, Done exactly as planned. Now it's slowed down, into the zone. Waiting on confirmation short. It could pop up a little more but bias is short still. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and...
Less of a tutorial and more of an observation. Worth a look at the relationships if your new to trading. Bitcoin's addition is intriguing. Wishing you all a Merry Christmas and a Successful New Year. Comments & Discussion welcome. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over...
SHOP has consolidated properly in last few months. It's time it will move up very soon very fast!!! First Target 1200 Final target 1450 Stop price 1020
📌 Dollar for the Yearly Close Now comes the dollar complex which we have covered several times - the artificial devaluation which we were tracking in 2019 has arisen: Dollar bears now have a good position, because it is looking highly unlikely that Trump can pull this off now and manage to force a stop to the artificial devaluation. This somewhat...
SPY performance under Trump administration with a line of best fit.
this is what could happen with gold technically. last few months news has been over powering any technicals. be careful and lean more on fundamentals right now aligned with technicals
After the post on the 20th of November Long. It looks like AU has tagged the area marked & could now be looking for at least a pullback. check the long call link below and you will see why the potential reversal is here. (nearly here) Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has...
hey everyone, I will be discussing the Trumpfeb token which is traded on FTX. This token will give one dollar to those that bought the token if Trump is still president on February 2021, or 1 dollar to the one that sold it. it is a token with leverage so quite risky to be honest, so do not try it if you are not used to leverage. I put this idea here as it...
NYSE:RGR tends to perform well in the presence of social unrest and in the face of regulatory restrictions on firearms (reflect upon the Obama years etc). The mainstream narrative of a landslide Biden victory with no election fraud seems to contradict the story playing out in the price action of $RGR. If confidence exists in a Biden victory, traders simply aren't...