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My Thoughts on Current Markets-140

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...

My Thoughts on Current Markets-137

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...

My Thoughts on Current Markets-136

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...

𝗥𝗜𝗣 𝗧𝗵𝗲 𝗢𝗚 𝗦𝘁𝗮𝗰𝗸𝗲𝗿

9 Jun 2024 6 minute read 11 comments BitcoinBaby

I have been wondering if I should go and write this.If I should share my journey into gold and silver just like I shared my crypto journey?The thing is this Gold / Silver stuff is just a bit different. But with Silver & BTC Batteling. Plus that in...

My Thoughts on Current Markets-134

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...

My Thoughts on Current Markets-132

29 May 2024 3 minute read 1 comment Perfectionist25

When you look at the daily chart of ounce gold in general, the upward trend in the medium-term Fibonacci scale continues. But here we see that it is only under pressure due to the short major falling below the 5 and 8-day moving averages. We are in t...

My Thoughts on Current Markets-131

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...

My Thoughts on Current Markets-127

21 May 2024 6 minute read 1 comment Perfectionist25

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-126

20 May 2024 1 minute read 0 comments Perfectionist25

Silver quickly passed $30 after 2 speculative and manipulative years. We are heading towards the target zone of $34. Since it is a very rapid rise in technical terms, it is not surprising that it moves slightly horizontally. $30 is short-term suppor...

My Thoughts on Current Markets-125

18 May 2024 6 minute read 0 comments Perfectionist25

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-...