krisu619

krisu619

It's rare to see NIO bouncing around its 50 days moving average during such a booming EV market. As I see the bullish momentum continuing I expect to see strong support and bounce back in NIO stock. I could also see the bounce back being even faster, in the case of NIO releasing especially good delivery numbers for February.

krisu619

The market is bouncing around key support & resistance levels but some of them are soon due to be broken. The squeeze momentum indicator is signaling a first bear run since the drop in February–March. Also, the money flow index indicates that the money is rapidly heading out of the market. When combining technical analysis with the fundamentals of the economy I...

krisu619

The 200 days moving average is once again showing strong support for the S&P 500. Once it and the exponential moving averages are passed I expect a faster freefall for the index.

krisu619

The turn in price movement on June 11 confirmed an end for the S&P 500 retracement. Now that the overall trend has been confirmed to be bearish, I have presented three possible scenarios for major support. These Fibonacci levels (violet color) are support levels of the 2009–2020 bull rally. The levels with a green and yellow background are Fibonacci extension...

krisu619

My first short term outlook for the market in trading view (15min time interval). Still bearish though ;)

krisu619

The figure shows how long the previous market crashes have taken in time and how the crashes have always had significant upwards retracements in it. The overall trend of 2020 is now confirmed to bearish and there is a lot to come in the near future. Stay tuned!

krisu619

S&P 500 seems to be repeating a similar pattern with the big drop in February and March. Take a look at my previous posts to see my cases for a second big drop.

krisu619

Op-ed: The charts show global stocks could retest their March lows later this year www.cnbc.com Key points: From a technical analysis perspective , global stock indexes in March wiped out critical long-term support factors pertaining to the entire multiyear rallies since the conclusion of the global financial crisis bear markets, that have driven many...

krisu619

As the figure shows there is a clear negative correlation between U.S. unemployment and the S&P 500. Currently, we are seeing extreme highs in unemployment and the recovery will certainly take some time. To see more reasoning for a short position, please look at my previous post on the S&P 500 (Witnessing a bubble created by people's unrealistic expectations)

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A lot of inexperienced newbie investors are piling up the market yet the reality of the economic atmosphere is not robust at all. A lot of companies are filing for bankruptcy, consumption, production, and employment are extremely low (and not expected to recover fast). As small, inexperienced investors are rushing into the market, the big institutions are more...

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Squeeze Momentum Indicator implies that the upwards retracement after the bottoms has come to an end. However, it has not given a clear signal of the direction of the next momentum in the market. By combining this information with the Volume Flow Indicator (VFI) we can see that the upwards trend is really losing its vitality. Besides this the occurring negative...

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CNBC news: www.cnbc.com One Chinese stock could forecast the global economy’s next move. Key points: Alibaba “stock started rolling over in very early January before the Chinese stock market did and certainly before the global economy started to slow down. So in other words, its weakness was a good leading indicator to tell us that the coronavirus was...

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SPX has been consolidating between the 61.8% resistance level and the 50% support level. Many orders concentrate on these key Fibonacci Retracement levels pushing the price in the desired direction. In consequence, the price has been consolidating between the levels and the next breakout could be huge, determining the next direction of the overall trend. As I...

krisu619

MACD has been giving very good signals during the COVID-19, advising to sell S&P 500 juts at the right time in February and to buy at a good time in March. However, now the signal is to sell! This is well aligned with my last post concentrating on the Fibonacci Retracement level of 61.8% as resistance (and some fundamental analysis in the description). It...

krisu619

The Fibonacci Retracement level of 61.8% shows signs of holding and a possible reversal of the trend of the S&P 500. Optimism and trust in FED are driving the current upwards of the stock market. However, FED can't cure what's underlying the stock market. Also, FED's actions could connive another problem, an entry to deflation. Deflation could become a real...