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15 Jul 2024 2 minute read 0 comments Perfectionist25
Roughly every day the DAX remains above 18000, it will move towards 20800. Every deep decline is a buying opportunity as long as it remains above 18000 - 17500. Nasdaq was technically very inflated and reached its formation target of 20000 early. Eve...
11 Jul 2024 3 minute read 0 comments Perfectionist25
The positive fluctuation in EURUSD before German inflation data was supported by the statements made by FED Chairman Powell. However, if the movement below the 1.0855 supply zone continues its positive course, I expect the buying potential towards 1....
9 Jul 2024 4 minute read 0 comments Perfectionist25
The New York Stock Exchange completed the first trading day of the week with a mixed course. While investors were looking for clearer signals about the possible monetary policy path of the US Federal Reserve (Fed), a mixed course was observed in the...
7 Jul 2024 1 minute read 0 comments Perfectionist25
Speaking at the European Central Bank's forum in Portugal, Fed Chairman Jerome Powell said the US economy and labor market were strong and that they could take the right steps without rushing. He said that significant progress had been made in reduci...
26 Jun 2024 9 minute read 0 comments Perfectionist25
Nasdaq's historical peak reached 19979. It completed the bowl starting from the 18464 peak in March and doubled up. The 20-day exponential moving average is at 19250. So this closest support is here at 19250, then the 50-day average is at 18712. Unde...
20 Jun 2024 6 minute read 0 comments SweptOverNiagara
The End Of An Era! 50 years ago, the U.S. government, through Secretary of State Henry Kissinger, signed a pact with Saudi Arabia that would see the Saudis sell their oil in exchange for ONLY U.S. dollars. Why? In August 1971, President Nixon decoup...
14 Jun 2024 7 minute read 0 comments Perfectionist25
We renewed the historical peak of 19114 in Nasdaq. There is a bowl that starts in April. Let's see if we can fold this dish. So can we get to 20000? It seems like it is still pushing up. The 50-day average is at 18158, the 20-day exponential moving a...
9 Jun 2024 2 minute read 0 comments Perfectionist25
As long as we stay above 5100 in S&P 500, 6200 and 6800 targets are valid in the short term. Recession possibilities below 5100 are discussed. I was expecting a correction up to Nasdaq 17800 level. But it was limited to 18200 and made a new ATH. Arou...
5 Jun 2024 11 minute read 0 comments Perfectionist25
On Nasdaq, the 50-day average is at 18153 and the 20-day average is at 18438. It bounced up after touching the 50-day average. It hovers around 18464, which is its old peak. At the end of April, it doubled up with a double bottom triangle formation c...
28 May 2024 6 minute read 0 comments Perfectionist25
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...
