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FLASHING RED!! BRACE! 🚑😲This is serious picture emerging right now. Have a look. I'm watching what's happening with Gold in relation to the Down Jones Transportation Index, and Bitcoin. This is all coronavirus related. In tight summary, the smart money is moving into things that store real value - the kind that's unlikely to be affected by central banks. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. If you make decisions based on opinion expressed here and you lose your money, kindly sue yourself.
FOREXCOM:BTCUSDEducation
by Captain_Walker
Technical fall - I predicted it on February 16thThe descent on the blue trend line of the long-term bullish fork is over. The beginning of the descent started on the resistance of the median of the long-term fork. The decline was 50% of last year's bullish movement. All the gaps of the last hike have been closed (Look at my analysis of February 16th where I called the 12% drop and the closing of the gaps). There is a good chance that we will go back to looking at the fundamentals. There will be a slowdown in the world economy in the first quarter. If the epidemic of the virus arrives in other countries then the economic slowdown will be more marked. Now, there are chances of a rebound.
SP:SPXLong
by BillionsFund
PURE ADDICTION! To be exploited. Yep - the algos play out the addicitons of their masters to cheap money: low interest rates, REPO pumping, and the implicit guarantee from the FED. But an itty bitty virus that disrespects world leaders, has everybody flummoxed and reaching for safe havens. In this screencast I show a bit of algo action and some smaller time frame trends which can last for over a day - quite lucrative. I've adapted to the vacillations of the market as I can't see the sense in waiting ages for decent profits when there is loads of lovely volatility within trend envelopes to exploit in lower time frames. If I can exploit a move of 100 - 200 points in a day or two I think that's fair enough. The greed and hope in these markets have created lovely opportunities - which can be exploited with the right level of discipline.
FOREXCOM:US30Short
by Captain_Walker
US30 Index - Free Fall To 29000 Is RealAs you guys can see on my previous prediction, US30 index will fall free fall to 29000 and this is become true and real. I have seen in my dream and it is like being a dejavu. Today China the major country with the supplies start to kick back their operation despite risk. If China not settling their operation resume to normal, the price of AAPL apple and US30 wall street will going to bearish instantly. It is already one month that China had halt their production line. This chain supply like a domino effect and all hoping that China will recover soon on their productivity performance. Nasdaq fell more than 100 point from holiday close as investor started to consider the impact of the virus on business operations. The business impact appears to be of much greater concern to the market rather than the health emergency as the coronavirus infections still appears to be primarily a Wuhan phenomenon and cases ex-Hubai province and much more importantly ex-mainland China appears to be contained. As I wrote the article, GOLD XAUUSD has bullish above the 1604.00 key level. Traders started to buy Gold as their safe heaven economic sentiment. BITCOINS/USD has risen up to 2600 points. The longer the crisis persists without any signs of global spread the less market fear the consequences. The longer this crisis last, the uncertainty and losing the faith of investor to purchase the stock market. To be in confident to purchase it, must have to get rid the insecurity of the investor. If cant, all the stock investor will move towards on buying XAUUSD GOLD instead. Hint: I am expecting this indices of US30 will going to bearish free fall down to 28250 By Zezu Zaza
OANDA:US30USDShort
by Zezu_Zaza
DJI - Wall Street - melt up or melt down coming - your choice. Central banks around the world are coordinating in a last stand to prevent global meltdown. So - they're about to decide massive liquidity injections into 'their economies'. China, the USA, Singapore are already on board. Expect Germany to follow cuz the German economy is on the brink of a recession. What this could mean is a number of things: 1. The punters love it - and blow the markets north like nobody's business. 2. The punters reject it - and bail out with cash in hand which they'll pump into Gold (a better investment at this time). 3. Or - heavy volatility in coming days in a massive bear-bull fight, before the markets make a final decision. All of this stuff has been triggered by an itty bitty virus that disrespects everybody. The world is now waking up to how central China is to global supply chains of commodities, manufactured parts, goods and services. No predictions from me - as I have no working crystal ball. Disclaimers & Declarations : This is not financial advice or encouragement to trade in securities. If you act on anything said here and lose your money, kindly sue yourself!
FOREXCOM:US30
by Captain_Walker
Dow Jones: Bullish MACD but top may be near.DJI is extending the 1D Channel Up (RSI = 60.150, MACD = 193.000, ADX = 15.316, Highs/Lows = 339.6071) after the MACD turned bullish following the January 31st bottom. However as the overall bullish pattern is the 1W Channel Up that started in July 2019, is near its Higher High trend line again, there is a high chance of a pull back. Last time the 1D MACD turned bullish above the 0.000 mark, Dow peaked at +6%. We are close to that level (29,850) now, so a pull back towards the 1D MA50 (blue trend line) is realistic. If however the index follows the MACD bullish reversal patterns made below the 0.000 mark, then the extension can go as high as +8% (roughly 30,500) before the pull back to the MA50. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
OANDA:US30USD
by InvestingScope
WATCH OUT - POTENTIAL BLACK SWAN EVENT - VIRUS ATTACKA 'black swan' event is something out of the blue - that creates systemic risk. The 2019-nCOV (virus) is potentially one such thing. The markets have not been prepared for this - at all. Could it be the pinprick that pops the 'tech bubble' that influences markets globally? The shock waves of this itty bitty virus are totally unexpected. I go into some price action in the last few days, on the DJI and explain some of the dangerous features of nCOV. China has basically been quarantined by the international community. This is certainly not good news. It's an unofficial quarantine. Lots of nations have limited contact or isolated China in various ways. The virus is one of the most spreadable in history of all viruses but with a low lethality. That means millions of people could be infected but only about 2% killed by it. And that means the death toll could be serious over weeks, months or years. There is no treatment at this time and no vaccine. Even if a vaccine is developed, vaccinated the whole world is not a workable option. In addition the wide spread of the virus means that it can mutate - rendering any vaccine developed, as ineffective. The next big question is when will this quarantine on China be lifted. It could take months, or probably years - depending on what the nCOV virus does next. There is chatter in the blogosphere that the FED will come to rescue the markets from the virus.. like pfffft! The FED has a lesson coming to them. Disclaimer : This screencast is not intended to advise on taking a position in the markets or making transactions. If you lose your money in the markets, kindly sue yourself.
FOREXCOM:US30Short
by Captain_Walker
2
How do virus attacks affect Wall Street?This is a very short presentation on how previous virus attacks have affected Wall Street (daily time frame). I go back to 2013, plotting what was seen. This is relevant in relation to the recent Wuhan coronavirus (WCV). Mainstream media have referred to WCV as a "deadly virus". This is frankly nonsense based on current data. The case fatality ratio (CFR) is an important measure in assessing lethality of a virus. The CFR for influenza A(H1N1) in 2009 was 0.45%. For ebola virus, it is overall >50%. For the Wuhan coronavirus (WCV) which may not be one virus strain, the CFR is currently estimated at <3% (I cannot provide references here but people can contact me for links to info). But hold on - the 3% is not (at this time) for large populations of those infected. The average age group of people who have been killed WCV is currently around 60. Did I say 'average'? Yes - I did (which means I know there are some people who have been around 30). Attribution of WCV has also not been 100% caused by WCV either. The 'average' age group may fall (or increase) with time. In summary - ebola is definitely a deadly virus - the markets barely flinched if at all to Ebola. - estimates of lethality of WCV are currently not robust. My conclusion - The media is responsible for selling its news. The media have been irresponsible in feeding panic, in selling its news. News and panic are what rules markets more than hard facts and figures. Will the WCV outbreak be the pin that pricks the bubble? I don't know. It could well be the first of the dominoes to fall, setting off a chain reaction for slow burn down - instead of a serious correction. OR - WCV may well be insignificant. If it is, then expect a raging bull market to rebel! I cannot foresee the future! Declarations & Disclaimers: I am not a virus expert, nor a financial expert. This post is opinion only based on data fully available in the public domain. Opinions here are not be be relied upon in making financial or trading decisions. If you who reads this makes such decisions, your losses are your own - should you suffer a loss. You sue yourself if you lose money.
FOREXCOM:US30Education
by Captain_Walker
Sprint: On a possible bottom. Conditions for buy.Sprint posted a strong rebound yesterday as it found Support on the 4.80 - 4.70 Zone. At the moment it is still on a strong 6-month Channel Down (1W RSI = 34.548, MACD = -0.393, ADX = 48.905, Highs/Lows = -0.4078) but the conditions for a long term bullish reversal may have already started to emerge. The strongest bullish confirmation would be a break above the 1D MA50. As you see on the chart that would coincide with a cross over of the Lower High trend line of the 6 month Channel Down (dashed line). Additionally the RSI may be repeating the bottom sequence of early 2018. If the 1D MA50 gets crossed, we will buy targeting the 6.10 - 6.25 Zone. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
NYSE:SLong
by InvestingScope
1
UBER: Close to the 0.618 Fibonacci. Pull back buy opportunity.UBER has recovered 50% so far of the sell-off since the July high and is now close to the 0.618 Fibonacci retracement level. With the RSI on extremely overbought levels both on 4H (RSI = 85.104) and 1D (RSI = 84.218), we expect a pull back and consolidation here within the 0.382 and 0.618 width. The 4H RSI is on a Channel Up since the November bottom and its support levels are as seen on the chart. Use them accordingly. We expect UBER to soon recover its highs and our Target Zone is 44.70 - 47.00. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
NYSE:UBERLong
by InvestingScope