710 Articles 4 Followers

My Thoughts on Current Markets-119

8 May 2024 9 minute read 0 comments Biologist25

FED convened. Meanwhile, the data coming to the FED caused the economy to stagnate a bit in terms of unemployment, that is, job demands, and I think the declines in gold and other bitcoins suddenly stopped. The downward movement in the indices has ca...

My Thoughts on Current Markets-118

7 May 2024 4 minute read 0 comments Biologist25

The ounce of gold rose and Fibonacci moved to 2.618, that is, 2427. Since there it is now floating towards its 34-day moving average. What had he done to fix it before? It had achieved its previous correction in the 2050 - 1980 region, again around t...

My Thoughts on Current Markets-125

18 May 2024 6 minute read 0 comments Biologist25

When we look at Bitcoin, we had a strong uptrend before. It went into a fix. There was a market that was in a sell position for a long time and could not force it to pass, and last week, if we go down to a 4-hour period, there was a reverse head-and-...

My Thoughts on Current Markets-116

4 May 2024 3 minute read 0 comments Biologist25

In Dow Jones, there was a reaction from the 37500 - 38000 range, which I pointed out before. Reactions reached up to 39000. We also saw some minor corrections from here. Then the 39000 attempt came again. But we have difficulty passing these levels....

My Thoughts on Current Markets-121

12 May 2024 3 minute read 0 comments Biologist25

I can say that the reactions on the Dow Jones side have accelerated. After the 39000 level was exceeded, 39400 - 39600 levels were reached. 39600's are important, there is a possibility that it will go above this level again to the range of 40000 - 4...

My Thoughts on Current Markets-127

21 May 2024 6 minute read 0 comments Biologist25

The historical peak on Nasdaq used to be 18464. We rolled down from here and there were two bottoms. After making a bottom at 16973, it peaked at 17820 and made a second bottom again at 17284. The second bottom remained above the first. It was a very...

My Thoughts on Current Markets-122

13 May 2024 3 minute read 0 comments Biologist25

The US Dollar maintained a weaker tone in early Asian trading today, continuing its decline against major currencies such as the euro and sterling. The move follows recent US labor market data that points to a potential slowdown, raising the possibil...

My Thoughts on Current Markets-131

22 hours ago 6 minute read 0 comments Biologist25

Nasdaq is at its historical peak with 18907. It started to go up after 17500 was passed here. He completed the dish he started in April. Price went as far as he could and fulfilled his duty. There was a hard sell but it is recovering again. As long a...

My Thoughts on Current Markets-130

26 May 2024 2 minute read 0 comments Biologist25

Dow Jones is especially an important resistance point at 38900 below and 39400 above. We reacted quickly so that when it came to the region in the December - January period, I marked it as the region we would react to. Between 37500 and 38000, it wen...

Morning JAVA: FED Holds Rates, Eases Quantitative Tightening

2 May 2024 3 minute read 3 comments SweptOverNiagara

After being away for a couple of weeks travelling to the east coast, I finally have a bit of time for another Morning JAVA post. Yesterday, the Federal Reserve concluded yet another FOMC meeting and to no one's surprise, the FED held bench mark rate...