Going down sir?
“The Rowing Song”
Round the world and home again
That’s the sailor’s way
Faster faster, faster faster
There’s no earthly way of knowing
Which direction we are going
There’s no knowing where we’re rowing
Or which way the river’s flowing
Is it raining, is it snowing
Is a hurricane a–blowing
Not a speck of light is showing
So the danger must be growing
Are the fires of Hell a–glowing
Is the grisly reaper mowing
Yes, the danger must be growing
For the rowers keep on rowing
And they’re certainly not showing
Any signs that they are slowing
Sandp500
Alphabet Inc - Short PositionWith an underlying share value equal to $117, Alphabet Inc has seen bullish movements since our last position published on 28/07/22. When reassessing Alphabet Inc using a 4hr range, investors can see that it’s now trading above its central Fibonacci PP level. In fact, the stock is trading above its PP 0.382 1st level resistance. The underlying price of Alphabet is in line with it's PP 0.5 resistance level. This is a bearish signal, investors should anticipate bullish trends to begin to correct and for stock prices to bear towards their support. Whilst it would be reasonable to anticipate the bullish resistance trend to continue to strengthen, this signal tells us to begin to anticipate a bare and profit off a short. This notion is further supported by the 20-day ranged Bollinger Band. The underlying stock price is currently trading close to the Bollinger’s upper bound which suggests a correction toward it’s lower bound, close to the Fibonacci’s central PP level. It would be justified to set a buy price in line with the Fibonacci’s P 0.5 resistance pivot. We anticipate the underlying stock price of Alphabet to reach this resistance point before bareish corrections occur.
Therefore, we have set a buy price in line with the PP 0.5 resistance pivot, our investors will look to buy at a price of $118. Based buy and sell trends since the start of the year, we anticipate a strengthening bareish trend. We anticipate bareish trends to strengthen over bullish trends and for the underlying stock price to reach it’s Fibonacci support level. We have set a target price in line with the Fibonacci’s PP 0.5 support level. The buyer should sell at around $105.
📌 How long Will this AltParty last? (crypto & Altcoins)🥂🚀 What is the reason behind the recent growth of crypto market❓❔
The rise of cryptocurrencies following market optimism to reduce/stabilize the trend of increasing interest rates without the risk of recession❓❔❕❗
✅ BITCOIN has reached above $24 k and Ethereum above $1700 , and the markets are still welcoming the possibility of the arrival of the last steps of the US central bank to suppress inflation, as well as optimistic data indicating a slowing down of the economy (without the risk of entering a recession). Although, in reality, the drop in the GDP of the United States in this quota was more than expected; The gross domestic product was not positive this time either, and recording the second consecutive negative number (although small) for this index, at least from a technical point of view, means that the world's largest economy has now entered a "recession".
✅ It seems that the market's interpretation of this economic contraction was something else; The market now believes that in the face of this bump in the path of economic growth, the Federal Reserve will actually put the brakes on its interest rate hike at its next meeting in September.
In fact, the market has already celebrated this auspicious event, and after that, the risk-free indicators of the market all started to rise. From the S&P 500 index to the Nasdaq and the Dow Jones, they all began to rise, and of course, as expected, whenever there is talk of risk-taking, cryptocurrencies have been and are at the forefront of jump and sharp movements.
✅ In fact, although we have entered a "technical recession", many economists - and even Jerome Powell (Federal Reserve Chairman) and Janet Yellen (US Treasury Secretary) have so far refused to use the word recession because other factors For example, the "labor market situation" is considered as a sign of a "strong economy".
✅If we look closely, the optimism came when on Wednesday, investors reacted positively to a 75 basis point increase in the base rate by the US Federal Reserve and Powell's "dovish" signals that the Federal Reserve is unlikely to raise interest rates in the next few months. . The next day, that is, Thursday, following the announcement of the second negative GDP data in a row, Yellen stated that the definition of an economic recession is actually "a broad weakening of the factors of the economy" and "this is not what we are currently witnessing". And of course, it is believed that Yellen was referring to the National Bureau of Economic Research's (NBER) definition of the term recession, which, in addition to GDP, also includes indicators such as employment, personal income, and industrial production in the definition of this term.
👉 It didn't take long that the wave of optimism caused by this misinterpretation quickly spread from the stock market to the crypto market, and in the middle of the rise of cryptocurrencies, even the negative news related to the bankruptcy filing by the Zipmex exchange in Singapore was lost. Voyager Digital, which filed for Chapter 11 bankruptcy protection in a U.S. court earlier this month, also faced an executive order to stop spreading falsehoods about government support. But even this bad news could not stop the crypto party.👌💯
📛 But The question is ;how long does this celebration last? 🤔
We know that the economy is now walking on the edge of inflation-recession. All the tools that the Federal Reserve has are to control the demand side; So the Fed cannot control the inflation caused by the crisis in Ukraine, this institution does not even have control over the inflation caused by the supply chain problems, and this is what we think will cause the world economy to slide into recession sooner or later, and may all this celebration will not be stable (from stocks to crypto).
This article is for informational purposes only. It should not be considered Financial or Legal Advice.
Microsoft Short PositionCurrently trading around $270, Microsoft is priced close to this month’s R1, PP1 pivot resistance level. Currently priced bellow this weaker resistance level the stock is trading above its central PP level. Furthermore, using a 20-day ranged Bollinger investors can see that the price currently lies just below its upper bound. In fact, the upper bound is equal to the R1, PP1 resistance level supporting a bareish sentiment.
Based on these signals, it would be reasonable to assume a bareish correction towards its support. However, it would also be reasonable to assume more bullish movement towards it’s PP1 resistance pivot before any bareish corrections were to occur. Based on buy trends represented by the green candles, it would seem as though there will be modest bullish movements before the stronger bareish corrections were to occur. This trend is represented by swing high and low patterns since the start of the year.
Therefore, we have set our purchase price in between the PP 0.5 and R1 resistance levels. We anticipate based on chart trends that the green candles will reach the price of at least $275 before any bearish corrections occur. The team have set a target price in line with the Fibonacci’s S1, PP 0.382 support pivot. The buyer should sell around $244.
Moreover, negative earnings are expected to be announced today. Therefore, expect bareish corrections in line with this report.
Rejected! Next Stop Point Of Control!When taking a look at the S&P500 on the Daily TF, we can see that there was a clear rejection from the Volume area high (Blueish line above). The next stop will be the point of control (Red line). Most of the market does follow this chart so before you short, double-check their chart.
Every day the charts provide new information. You have to adjust or get REKT.
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Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
S&P500 may fall further on recession fears!!U.S. stocks have been under relentless selling pressure this year, with the S&P 500 (.SPX) posting its steepest percentage drop in the first half since 1970 as the Federal Reserve stepped away from easy money by raising borrowing costs. The rest of the markets, including the crypto market, have also experienced a sharp decline under the influence of these policies.
Investors are currently considering the positive report and data related to the unemployment rate and non-agricultural wages and salaries of the United States, which showed significant job growth in professional and commercial services (74K), management of companies and organizations (12K).
, the design of computer systems and related services (10K) has occurred, they are more convinced that the Fed is determined to continue the expansionary policies and thus strengthen the dollar index.
Although concerns about recession dominate the market.
"The real question is, while the economy is slowing down, then why are some people still waiting for news that could act as a catalyst for growth to happen in the markets?"
New orders for U.S. manufactured goods rose more than expected in May, data showed, suggesting demand for products remains strong even as the Federal Reserve seeks to cool the economy.
Separately, trade growth across the euro zone slowed further in June and European natural gas prices rose again, fueling fears of an economic slowdown in the bloc.
"Earnings projections were being artificially held up. Over the next two weeks, everyone is going to start lowering estimates and we expect to see a significant amount of volatility," said Dan Genter, chief executive of Genter Capital Management.
.FUND news source : kitco.com
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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How I understand the S and P todayThis is what I see in the S and P.
I didn't have the balls to buy liquidity (It is a new trade setup for me and I am not comfortable with it yet.) but did take a 10 handle scalp today out of the FVG.
I see equal opportunity for shorts and Longs so basically I am mostly sitting on my hands.
SPY short rally starting? I been charting SPY every different angle and time frame possible. Its next to impossible. lol but I did find this, which would make a case for a temporary bounce. I have 4 confluences. 1. SPY rally off the 200 sma on the 3day time frame. 2. Fibonacci extension from this wave down is a perfect 2.618 which lines up perfectly with 0.382 fib retracement from the previous low on march 23, 2020. 4. SPY is throwing a bullish hammer on the 1 day, 2 day, 3 day. If it does play out and rallies to the fib retracement line 0.236, that would make a total 10% gain, and 6% from where it is currently at 3966.
Market outlookThe S&P500 has done exactly as I feared.
Thesis: The US is transitioning. The US dollar was the reserve currency of the world. We exported dollars and it either sat in banks or was imported back as investment (Bonds and stocks). When we locked up Russia's money we made EVERY country re-evaluate their relationship with us. A significant pivot is happening on the macro scale. The US's future lies in how we make use of the US coming back home. I expect production of goods and base commodities to begin to truly take over for years to come. I do NOT expect to invest significantly in the S&P500 again until 2028-2032.
Things to keep in mind:
1. Valuations are still absurd. and either significant inflation or a drop in price is needed to bring them back to levels I would purchase at.
2. Relief rally should happen soon. Remember bear market rallies rip harder and faster than rallies in a bull markets.
3. The fed is squeezing the economy trying to reduce inflation. Until they pivot, expect lower lows.
4. There is a non-zero percent chance we enter a sustained bear market until 2028 ish. The first "real" one in 40+ years.
5. Commodities are looking great. They may drop for a bit longer but if you look back 50 years and adjust for inflation we are in the initial innings. For reference silver is 21.93$ and based on my calculations of inflation, its high was above 800.00$.
6. I am forecasting gold to go to 8000 over the next 6 years even if everything goes "well" for the west just due to the USD being revalued lower. If things get truly dicey I am expecting gold to reach 25,000 an ounce.
7. Remember the insidious nature of inflation. Even if we assume official levels of inflation are accurate and expect 5% for the next 5 years, cost of living will increase by at LEAST 29%. I expect levels closer to 80-300% increase cost of living based on my macro thesis.
Large unknown factors:
1. Europe is looking terrifyingly weak. If Europe begins to destabilize I expect a rush into the dollar for a time. This will have many unpredictable problems. We may see inflation cool for a time due to that but it just makes the problem bigger down the line.
2. If the US gov suddenly finds a cause that allows them to bless off on 50-200T in money printing I expect that to drastically shift what happens. It may prop up the stock market or it may be the final proof to investors they lost control and create a global bank run.
3. Contagions: in 2008 we saw one of the largest expressions of a contagion event. The entire financial world locked up. There are 100X's more dangers of similar events now than there where in 2008 because we never fixed the underlying problem and allowed it grow exponentially.
4. Food and energy are becoming huge global risk factors. Don't underestimate the global effects of wide spread starvation and loss of energy augmentation to humanity. My call is just based on the worlds Covid response. This is not even factoring in Russia and Ukraine. Western countries will be buffered from both of these trends but we will still strongly feel this through second and third order effects. Don't underestimate the power of starvation and lack of energy to produce large scale contagious risks unlike we have ever experienced in anyone's memory.
S&P500: Exhausting 🥵An exhausting time lies behind S&P500! It has been moving up and down with vivid gestures and has paced itself a bit only recently. We expect the index to take a rest in the magenta zone between 3788 and 3683 points, where it should also finish wave iv in magenta. Afterwards, it should be revived enough to rise towards the mark at 4101 points. However, there is a 33% chance that S&P500 could be too nervous to relax and thus could climb above 4101 points immediately.
BTC and ETH HODLs Relative To Stocks: Crypto vs Wall StreetLooking at the charts during downturns may not be as fun as looking at them during bull runs, but if you're a long-term trader it's important to keep tabs on how things are performing even when the prices are down.
The pattern up until recently was that when stocks went up, so did crypto, and visa versa. The "volatility" of crypto assets often makes the prices go way up during good times, but it often plummets in price shortly afterwards as a response.
In recent years, however, a different sort of pattern has emerged - during bull runs the prices still go up but during downturns the asset has shown some resiliency against the massive drops that it used to experience in the past. It may be a result of increased market size and name recognition - giving the asset a level of stability comparable to traditional stocks and markets.
The USD markets have started to show signs that it's about to slow down, given the massive government spending and economic disruptions (COVID, supply chain issues, Russian sanctions) which is likely to take a turn for the worst as time goes on. How will crypto fair in this new economic environment? Time will tell.
From 10k to 100k, Apr 25,22 S&P 500 Index BuySO big change happened in the last hour with markets reversing - why??? NO IDEA!!
All I know is I decided to put in a Buy Order at 4250 with a TP of only 100 points at 4350 just in case markets tank again.
We shall see - so far my account is up to about 24K from 10K a couple of months ago. Let's see if I can get to 100K by July :-)
Stay safe!
Heiko