We got the inflation data from America. So it was the most important data of the week, the fears did not come true. Because Trump has not taken office yet, but there is a concern in the market. Because I wonder if it will be high. Okay, even though it is in line with expectations, the institution reports say that Trump will do whatever he wants to all countries. He is talking about BRICS, he is saying he will increase taxes. He can pump up inflation. Yellen made a point to Trump without mentioning his name. In her last statement, Trump made a sentence full of arrogance saying that he will not dismiss Powell, he can continue if he wants. Yellen also said that okay, you say that, but the Senate will ultimately determine the name of the head of the world's largest Central Bank. If you say that, this institution will lose its credibility, I perceived it as a point of attack here, not directly to Trump, but with a footnote. Therefore, there may be tension in the future. Yellen is leaving anyway, Gary Gensler is leaving too, but Powell is likely to stay. But there may be tension in the first quarter of 2025.

I think America will start hesitantly and timidly. The first quarter of the American stock markets will not be a fast-moving movement, nor will there be a very sharp decline. I think it will be stuck in the band, there may be another movement in America towards the summer after the first quarter. Then it may be a little tense in the fall and winter. When you study America a little bit on S&P, it seems like a slightly difficult time may come towards the last quarter of next year. Moreover, since the pandemic, it has been in trend, if you do not count the correction during this past year, it has gone up rapidly. Therefore, I see a hesitant start in America, that is, a volatile year, then a trend, then a little trouble. There is another concern, we start well and end badly in summary. There is another concern. Deutsche Bank has also expressed it in its report. It says that investors are overly optimistic about stock markets in the world right now, this is the most optimistic picture since the Dotcom bubble. In other words, everyone is very used to upwards in stock markets. I mean all world indices, of course there are specific indices that diverge, but inflation fed the stock markets. Everyone is so optimistic that they also have concerns that this has created a bubble. They have also expressed this.

The S&P weekly chart continues the uptrend within the channel. Although the trend is upward since we are approaching the upper channel, just like 2-3 weeks ago, a correction may be seen within the uptrend towards the 8-week moving average of 5900 - 5940. In my opinion, this is a risk and an area that should be managed calmly, not with fear. If you have a position, I put a stop at the closing below 5941. I continue the upward game towards 6200. But since it is approaching the top of the channel, I slow down the number of lots or contracts in the stocks I buy. In other words, if I am managing a stock with 10000 contracts or 10,000 lots, since we are approaching the top of the channel, I put a stop at 5941 and trade the stock I traded with 10000 contracts with 3000 - 6000 contracts. Therefore, 5941 will be intermediate support, 5633 will be trend support, short term 6200, then I don't expect it to go there very quickly in 2025, I also don't expect it to go there very quickly in 2025, 6954 is S&P's strategic target for 2025.

John Bollinger said the following in a meeting. Everyone is mismanaging the Bollinger Bands. He said that as soon as it touches the band, they read it as a sell signal. No, the band can go up with the bar, the candle, and the price. This is not a sell signal, he said in my indicator. He said that the first red candle to come after leaving the band is a sell signal and you should follow this with the correlation sub-indicator RSI, which is the best indicator to follow Bollinger Bands. Those who sold the S&P because it came above the channel missed the 5-week uptrend. Therefore, coming above this channel does not mean the end of the trend, it means the possibility of correction. You can manage the correction risk not by being afraid, but by reducing your appetite and decreasing your pulse. When the investor goes up strongly, his pulse increases. That excitement of winning, the arrogance of winning creates an appetite for people to enthusiastically carry positions. Those who slow down the pulse there can manage money more professionally. 5941 intermediate support, 5633 trend support and the pivot of the bear-bull dynamics in s&p, the trend zone is important not only in the short term but also in the medium term. Then, in order for us to read a technical excess in s&p, a technically serious bearish strategy, 5633 - 5592 must be broken. If you ask me if I expect it in the short term, I don't, but I can say that there may be a correction in s&p before 6200 is passed. Here, all pullbacks towards 5941 - 5633 will feed the short term 6200 target in s&p and 6954 for 2025.

Nucor Corp. (NUE) has reached a strong, important support area on the weekly chart. A support that I expect to work at 60% - 70%. If you ask what the 20% risk would be, I would say $125. If it goes down, it can go down to here. If you allocate your spare money there, then this has reached a nice area of ​​the channel. Now, 136 - 134 is a strong area with classic trend discipline here. In other words, it is an important support area for a return. However, Nucor has been affected by the weakness of its balance sheet in the last 5-6 months of decline. Nucor is a stock that pays regular dividends and is generally held in the portfolios of white-collar workers in America, if we put aside the last 5-6 months of hesitation. Therefore, I consider the 136 and 134 levels here as very important and strong in terms of trend support. If there is a deterioration, if there is an increase in risk, I do not think that the downward swing towards the 128.80 - 120 area will be very permanent and I read it as a relative opportunity. Then let's look at what targets we can use to dominate the possible pullbacks towards 136 - 134 or maximum risk 125.80 - 120 in position management. The peak I threw on the $200 to $130 decline scale and the 78.6 of the Fibonacci I threw to the bottom is $187. Above $187, a price dynamic may start towards 201 (its old peak) and then $220.

Its balance sheet is a bit weak at the moment, but there may be another catalyst to feed it here. Let's follow this, I'm not analyzing this for nothing. If there is an embargo on China, Chinese iron and steel, a pressure process regarding taxes when Trump comes, this time the needle will automatically turn to American iron and steel. Therefore, I wanted to analyze and put out in the open the possibility of Trump's policies feeding this graph from now on before the end of the year. I call 136 - 134 intermediate support, 125 - 120 strong medium-term support zone. If $ 161 is exceeded, the price will turn upwards towards $ 187 and $ 200 in terms of trend. Trump may be a factor that will feed in NUE, but if you do not want to take the carrying cost, I want to trade the trend, that is, if you want to join the movement when it enters, look at 161.20. When it passes above 161.20, the squeeze here will go into a bowl-like movement with a target of $ 187 - 200, perhaps $ 220, and its first target is $ 187. Therefore, if you want to be in such a movement but not carry, we can put this chart on the radar with a target of $ 187 - 200 on the second day's closing above 161.20. Unless 161.20 is exceeded, the 161.20 - 134 region will lie on the right side of the chart and the President Trump is waiting for you region.

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