2020-10-31
NVIDIA
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
NVIDIA, HAS FORMED A DISTINCT BAT SELL PATTERN . THE COMPLETION POINT WAS AT $574, THE HANGING MAN CANDELSTICK CONFIRMED THE IDEAL REVERSAL , THE SELL OFF EXCEEDED THA INTIAL TARGET AT $534 AND ALSO THE SECOND TARGET AT $508 IT MAY CONTINUE THE REST OF FIBO MERASURMENTS LIKE 78.6% OR 88.6% .WE DID WANT A REVERSAL CANDELSTICK PAIRED WITH THE BULLISH HIDDEN DIVERGANCE TO GET INTO LONG TRADE
NOTICE:- I STILL SAY THE SHORT TRADE(YO REALIZE A PROFIT FROM THE DIFFERENCE IN PRAICE BETWEEN THE BORROWED STOCKS FOR WHICH U PAY INTEREST FOR IT ALSO U SELL IT WITHOUT HAVING IT ,THEN BUYBACK IT
ACCORDING TO ISLAM SHORTING A STOCK OR ANY OTHER ASSET IS FORBIDDEN FOR THE TWO REASONS ABOVE MENTIONED
THIS TRADIN IN ISLAM IS CALLED USURY, AND USURY IS FORBIDDEN
2020-10-30
Who killed the French teacher ?!
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
France is an oasis of democracy, and the mother of freedoms
According to an investigation prepared by the French Channel 2 entitled (The State Lies), the investigations of the French judiciary proved that in 1994 - during the black decade in Algeria - the French Foreign Intelligence coordinated with the Algerian Military Intelligence to kidnap the French consul in Algeria !!!
Indeed, the consul, his wife, and the security official at the consulate were kidnapped, and they were hidden for a week.
On the same day of the kidnapping - carried out by the intelligence service - the French government announced that a terrorist group in Algeria affiliated with the Armed Islamic Group had kidnapped the French consul and his wife!
On the same night, the French authorities carried out a security campaign against the Algerians in Paris and all of France, during which several Islamic institutions were raided, and many Islamists were arrested, and among its results was the dissolution of dozens of associations, the closure of two radio stations and a newspaper, and other Islamic activities.
During that campaign, Hossein Krouj - an official of an association - was arrested, and after his arrest, the police distributed a statement to the media affiliated with the Islamic Group in Algeria claiming the kidnapping, and the French police claimed that he was in Krouj’s possession, which is evidence of Krug’s association with terrorists !!
A week later, an anchor appeared in the news bulletin announcing that the valiant security forces were able to free the hostages unharmed, and after half an hour they were transferred to Paris.
In a press conference, the consul’s wife said: The terrorists treated us well, but we were about to be killed on the fifth day, because the terrorists quarreled over the wine in the refrigerator !! She said that she was surprised when the terrorists brought her the medicine that she uses for her chronic disease, and she wondered, with astonishment: How did they know about patients? And what kind of medicine did he use ??
After this statement, France sent the consul and his wife to New Zealand, and prevented them from any media permission, and they stayed there for ten years.
Years later, in 2002, a police officer suffering from cancer came to a French court seeking to discharge him and testify, in which he said:
"In 1994 I participated in a campaign of arrests against the Algerian opposition - Islamists - in France, and the head of the police station ordered me to place a statement - prepared by the police - in Hussein Krouj's wallet after his arrest, attributed to some Algerian Islamists announcing their kidnapping of the French consul in Algeria and his wife.
The French judiciary ruled to compensate Hossein Krouj, 2.2 million euros, for the five years he spent in prison unjustly, and sentenced the head of the police station who invaded the false statement to prison.
Crusader France, a European country that declares itself an oasis of democracy and the mother of freedoms in the world, kidnapped its consul in another country to justify a campaign against innocent people!
* Do you know now who killed the French teacher and beheaded ?! *
Transported
SILVER vs GBP/USD
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
WE HAVE NOTICED THAT THERE IS A POSITIVE CORRELATION BETWEEN SILVER AND STERLING , ESPECIALLY SINCE MARCH LOWS ,THIS RELATION WAS VERY CLEAR,BUT THE NOTICEABLE THING THAT THE SILVER LEADS THE WAY, IN THE SAME TIME IT SHOWS A WEAKNEES AND DONT CONFIRMS THE SILVER‘S TOPS ,WHICH MAKE A NEGATIVE DIVERGANCE BETWEEN THEM , FOLLOWED BY SHARP DECLINE SPECIFICALLY, SILVER
2020-10-29
N THE BIRTH DAY OF THE GRETEST PROPHETS AND MESSENENGERS " MUHAMMAD PEACE AND BLESSINGS OF ALLAH BE UPON HIM
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
IN THE BIRTH DAY OF THE GRETEST PROPHETS AND MESSENENGERS ,12 RABI AL-AWWAL
I DON‘T KNOW SICE WHEN THE ABUSE BECAME FREEDOM OF SPEECH
ISLAM AND MUHAMMAD( PEACE AND BLESSINGS OF ALLAH BE UPON HIM) ARE TO TAUGHT US RESPECT OTHER RELIGIONS AND BELIEVE IN ALL MESSENGERS ALLAH SENT THEM AND RESPECT THEM ALSO ,THIS THE CORE OF OUR BELIEF
THIS IS ISLAM AND THIS IS MUHAMMAD PEACE AND BLESSINGS OF ALLAH BE UPON HIM, MR MCRON
2020-10-28
DOW JONES
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
DOW SO FAR PLUNGED ABOUT 2400PT SINCE 12/10/2020, I LIKELY US INDICES COMPLETED FIVE WAVES UP , AND MIGHBE DIVING INTO DEEP CORRECTION AS WAVE 2
IF THIS INTERPRETATION IS CORRECT , WE PREDICT DOW REACH TO24500-25000. BUT TO CONFIRM THIS PROBABILITY PRICES SHOULD BREAK DOWN 26537, ALSO BREAKOUT 26537 CONFIRM THE DOUBLE TOP AS BIENG VALID ONE , WE COULD CONSIDER THE COMPLETION AND REACHING TO ITS TARGET AT 24000-24500 ANOTHER EIVDANCE FAVORS OUR ELLIOTT COUNT
2020-10-27
2020-10-26
SEASONALITY & PRESDENTIAL CYCLE & JUNK BONDS
IN THE NAME OF ALLAH THE MOSR GRACIOUS THE MOST MER CIFUL
SEASONALITY
Seasonality first is the fluctuations of the cycle that occur regularly or less than quasi-regular during a certain time series, for example the holy month of Ramadan in which consumption increases among Arabs in general and Egyptians in particular, and consequently the prices of most commodities rise and this is called the seasonal month of Ramadan, offset in America by the rise in gasoline prices at the start of the season Summer holidays, of course, each has its own seasonal market, such as the markets for energy, bonds, commodities, etc. Even the economic statistics themselves found that they are seasonal, but without going into details we focus on stock markets and try as much as possible to summarize the huge amount of information I have, there is a study from 1970- 2005, they found that the best market periods are from 1 / 11-30 / 4, so the saying “SELL IN MAY AND BUYING BACK IN NOVEMEBER” became famous. Of course, there are other studies in which this study has been revoked, but let us focus on the months that are almost unanimous, in which there are about 5 distinct months, such as January This alone is his example, so that they think that it is the key month for the whole year. JAN EFFECT. Personally, I spoke about it at the beginning of the current year on 2/2/2020 and 2/3/2020 and the statistics that I did, which extended for 100 years, about the impact of January, whether on the month of February Air or the closing of December or the close of the same year, and I want to refer to this statistic at the following address: https: //stockcharts-home.blogspot.com /.../ 1985-2018-3112 ... In general, January is usually positive and I will not explain its reasons, but Its effect extends to February, during which the fluctuations are high, as well as the months of September and October, especially October, whose performance is often negative. As for November, it is often a positive month, and December is negative because of the sale of lost stocks and obtaining tax reductions, which explains why January is often positive. With the rush of investors to buy shares, which they sold at lower prices in January
A way to benefit from seasonality?
Certainly, when you know periods of strength in the market in which you work and periods of inactivity, you will take advantage of the periods of activity in it in your favor and try to maximize your earnings and in periods of inactivity, your capital can be rotated in other active markets or even other sectors characterized by strong activity in periods of inactivity, in which people can not appreciate the value of time In investing, time for big investors means TIME IS MONEY
Presidential session: PRESDENTIAL CYCLE
In fact, it is called the 40-month cycle, and it was customary to call it the four-year cycle, and with its occurrence coinciding with the American elections, it was called the presidential cycle, and since 1832, the American markets rose 577% during the last two years of the head cycle compared to 81% during the first two years, and it was found that the third year of S & P500 revenues were the largest Also, in the last two years of the presidency, the ruling party tends to reduce interest rates in order to ensure that it is elected for another period as well. It was found that the rest of the countries that do not hold elections every 4 years are affected by this cycle due to the strength of the US economy and its impact on the global economy as well as the US financial markets because of the link Positive correlation between the markets, so we have seen Trump throughout the past period in a dispute with the President of the US Federal Reserve because of the issue of the interest rate reduction.
Junk Bonds: JUNK BONDS
junk bonds are taken as an indication of the risk appetite of investors to invest in risky assets such as stocks, so that investors start to pick up the federal policy that he mentioned last May in buying corporate bonds with BB rating, which is the highest rating that bad bonds reach, meaning the lower the rating for this. Bonds, risk increases, in which BBB means, and then enter into classification C with grades and then D grades, but it is striking that the junk bond market is growing in a big way, and nearly until 2015, it reached 1.3 trillion dollars. It is striking that from May to September, the bad bond market was growing from a month ago. To the end, the month of August achieved the second largest record in issuance after June of $ 53 billion, and it is strange that Paul Corp., an aluminum packaging company, sold 1.3 billion of bad bonds for ten years with a yield of $ 2.875, which is the lowest return ever for these bonds, and despite that, the demand was for them. When we compare, for example, the day in which these bonds were sold, with a yield of 2.875%, which is the lowest return on American treasury bonds for ten years, it was 0.59%, even high-quality companies like Apple At the same time, bonds were issued with a yield of 1.22%, often the return of poor bonds would be two numbers between 11% -14%. Ask Egypt and the countries that resemble the last issuance of their bonds. The return was almost as if it was not less than 6%
SEASONALITY & PRESDENTIAL CYCLE & JUNK BONDS SEASONALITY & PRESDENTIAL CYCLE & JUNK BONDS
SEASONALITY
Seasonality first is the fluctuation of the cycle that occurs regularly or less almost regularly during a specific time series, for example
Junk Bonds: JUNK BONDS
Bad bonds are taken as an indication of the risk appetite of investors to invest in risky assets such as stocks, so that investors start to pick up the federal policy that he mentioned last May in buying corporate bonds with BB rating, which is the highest rating that bad bonds reach, meaning the lower the rating for this. Bonds, risk increases, in which BBB means, and then enter into classification C with grades and then D grades, but it is striking that the junk bond market is growing in a big way, and nearly until 2015, it reached 1.3 trillion dollars. It is striking that from May to September, the bad bond market was growing from a month ago. To the end, the month of August achieved the second largest record in issuance after June of $ 53 billion, and it is strange that Paul Corp., an aluminum packaging company, sold 1.3 billion of bad bonds for ten years with a yield of $ 2.875, which is the lowest return ever for these bonds, and despite that, the demand was for them. When we compare, for example, the day in which these bonds were sold, with a yield of 2.875%, which is the lowest return on American treasury bonds for ten years, it was 0.59%, even high-quality companies like Apple At the same time, bonds were issued with a yield of 1.22%, often the return of poor bonds would be two numbers between 11% -14%. Ask Egypt and the countries that resemble the last issuance of their bonds. The return was almost as if it was not less than 6%
In sum, in this matter, the appetite for risk is already present among the investors, and it is likely that the markets are on a date with new peaks, perhaps beginning from the beginning of the year, and as long as the federation's head is present and print, Zaki, his ability, the risk appetite must be present. From the American elections, but the real fear and anxiety that is not accounted for until this moment is the second closure of the major economies in the event of the development of Covid-19 cases, may God bless us and you
EUR vs USD UPDATE
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
EUR/USD DAILY CHART
WE NEED FIVE WAVES UP TO MANIFEST THE FOURTH BOTTOM IN PLACE, OR THE ALTERNATE COUNT MINOR WAVE W OR A OF TRIANGLE WILL BE ADMISSIBLE
BREAKOUT 1.1831 MEANS BULLISH BAMM TRIGGER TO AT LEAST 1.1966 IF THE PATTERN IS BAT SELL PATTERN OR AT 1.2250 IF THE PATTER WILL A CRAB SELL PATTERN. THE LAST PROBABILITY CORRESPONDS WITH THE COMPLETION OF THE MINUTE FIFTH WAVE OF MINOR C WAVE OF INTERMEDIATE (B) WAVE OR THE SECOND (2) INTERMEDIATE WAVE,HOWEVER ACCORDING TO BOTH INTERPRETATIOS, EURO IS SUPPOSED TO GET INTO A DEEP CORRECTION
2020-10-24
CONSUMER DISCRETIONARY SECTOR (XLY)
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
CONSUMER DISCRETIONARY SECTOR, LIKE TECH SECTOR , THE RECOVER FOR BORH OF THEM WAS REMARKBALE, AND MADE A NEW RECORD HIGH , BUT LATELY THERE HAS BEEN SOME WEAKNESS IN THE PERFORMABE OF THE SECTOR, IT COULD NOT ESTABLISHED ABOVE THE PREVIOUS HIGH, AND TRAY TO FORMING UNEVEN DOUBLE TOP, BUT I THINK THE LOWER PARALLEL MEDIAN LINE WILL PREVNET THE FALLING OF PRICES AT ROUGHLY 150, ALSO PROCES WILL FIND ANOTHER SUPPORT REPRESENTED IN THE LOWER TRGGER LINE AROUNF 145, SO 145-150 IS STRONG SUPPORT ZONE
2020-10-23
RUSELL 2000
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
SOME USED TO THAT THE RECOVERY WAS LIMITED TO THE LARGE CAPS IN MEJOR INDICES, BUT WHEN WE LOOK AT THE RUSELL 2000 INDEX WE FIND THAT THE SMALL, MEDIUM STOCKS ALSO ARE DOING WELL , THIS INDEX RECOVERED ABOUT 90% OF ITS LOSS FROM MARCH LOWS UP-TO DATE,AND EVEN IF IT RIDES A CORRECIION WAVE,ITS A TENTATIVE TIME, US INDICES WILL LIKELY MAKE ANOTHER NEW ALL TIME HIGHS ROUGHLY AT THE NEW YEAR
2020-10-22
DOLLAR INDEX
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
I WAS NOT SATISFIED WITH THE US DOLLAR HAD COMPLETED THE 5 WAVES DOWN AT 91.72, BECAUSE THE ADAVANC FOLLOWING THAT DECLINE WAS CORRECTIVE IN NATURE, IT IS THREE, NOT FIVE WAVES ADVANCE TO BE CONVINCED THAT THE BOTTOM IS IN PLACE, THEN DOLLAR BREAK BELOW THE KEY SUPPORT 92.70 TO PROVIDE MORE ARGEMENTS THAT THE LOW OF 91.72 WILL LIKELY BE BROKEN
IF MY VIEW WAS CORRECT ,WE ASSUME DOLLAR HAS COMMENCED TO CORRECT WAVE FIVE , AND GET INTO WAVE THREE OF FIVE, IF SO , WE ARE LIKELY TO SEE A SHARP DECLINE ,TAKES PRICE DOWN TO 91.20 IF WAVE FIVE WILL BE CLEAN FIVE WAVES NOT AN ENDING DIAGONAL
2020-10-21
GBP vs USD
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
IT SEEMS BERXIT TALK TO REACH A DEAL BYMID NOVEMBER, AND HOPES FOR A FISCAL STI DEAL IN THE UNITED STATES ARE CONTRIBUTING TO THE STERLING POUND ADVANCE, AND THE DOLLAR IS COMING UNDER PRESSURE, WE‘RE SEEING A LONG TALL CANDELSTICK TODAY AS A RESULT OF THESE NEWS
ALSO WE HAVE HEAD AND SHOULDERS BOTTOM I PREFER TO USE THE HIGHEST HIGH AT 1.3084 INSEAD NICKLINE , SO CLOSING ABOVE THIS LEVEL MAKE THE PATTERN VALID TO UPSIDE PRICE TARGET AT 1.3495
2020-10-20
2020-10-19
TESLA
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
TESLA IS ON TRACK , AS WE MENTIONED ON CHART 2 TESLA IS STILL UNFOLDING AS A SYMMETRICAL TRAINGLE, WE HAVE 2 KEY LEVELS, ONE OF THEM ABOVE $466 IT MEANS THAT THE FOURTH WAVE CORRECTION IN PLACE AND WAVE FIVE HAS COMMENCED, THE 2ND ONE BELOW $406 WHICH MEANS CORRECTION OF WAVE FOUR UNFINESHED YET
2020-10-17
STOCK/BOND RATIO
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
TOTAL POSITIONING IN STOCKS MINUS BONDSSPIKING TO THE THE 2ND HIGHEST CLUSTER IN HISTORY
NOTE, OCT 2018 WAS THE STRUCTURAL PEAK IN STOCKS RELATIVE TO BONDS THESE ARE HISTORIC IMBLANCES BUILDING ACROSS MAJOR ASSET CLASSES AT SIGNIFICANT REISK OF A LARGE DISRUPTION EVENT
2020-10-16
DOW JONES
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
INCREDIBLE STRUCTURE, THE DISTINICT PATTERN EXEMPLIFIED ALL THE IDEAL ELEMENTS OF A BEARISH CRAB, THE TIGHT CONVERGENCE OF THE 1.618 XA LEG AND THE BC PROJECTION AT 29200-29300 AREA YIELDED AN EXACT REVERSAL AND OUTLINED A PERFECT SITUATION AND A TRADING OPPORTUNITY
NOTICE:- THE WEAK BEARISH DIVERGENCE AND THE TWEEZERS TOP CANDELSTICK(IT IS POSSIBLE TO OVERLOOK THE CANDELSTICK PATTERN AS BEARISH ENGULFING PATTERN) ARE CONFIRMED THE IDEAL REVERSAL
AFTER AN IDEAL REVERSAL OCCURRED , DOW JONES WAS HEADING DOWN TOWARD THE 0.382 INTIAL DOWNSIDE TARGET WHICH CONVERGED WITH THE UPTRENDLINE CONFIRMING THE IMOPRATANCE OF SUPPORT AT 27450, PRICE BOUNCED OFF IT SHORTLY, BUT IT IS BROKEN AGAIN TO HITS THE SECOND TARGET AT 0.618 AT 26500
FINALLY PRICES RALLIED TOWARD THE OLD HIGH AND THE 26500 LEVEL WAS TRIGGERED THE LONG TRADE AT LEAST TO OLD HIGH AT 29200
(FORTUNATTELY THE SECOND TARGET OF HARMONIC PATTERN AT 0.618 AS SHOWN COINCIDES WITH THE BULLISH BAMM TRIGGER TECHNIQE ALMOST AROUND 26500-26600
BULLISH BAMM TRIGGER IS A TECHNIQE SIMLAR TO A DOUBLE BOTTOM WHEN IT HAS BEEN COMPLETED TO BE A VALID OONE, AND THE VISE VERSA) SO ABOVE 26600 WAS SIGNIFICANT LEVEL TO ENTRY LONG TRADE UNTILL THE COMPLETION OF HARMONIC PATTERN AT 29100 OR RE-ENTRY WHEN PRICE REBOUNED FROM 26500 AS A 2ND OPPORTUNITY TO ANOTHER LONG TRADE,THAT HAS BEEN CONFIRMED BY FORMING A BULLISH CANDELSTICK PATTERNS ARE CALLED THRUSTING AND BULLISH ENGULFING
2020-10-15
S&P 500 UPDATE
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
S&P 500 IS STILL IN SIDEWAYS SO FAR, WE NEED TO BREAKOUT THE OLD HIGH TO GET OUT THE SIDEWAYS AREA
A DECISIVE BREAKOUT OF SHORT TERM UPTREND AND OVERLAPING WITH 3431 INDICATE THAT THE TOP IN PLACE, AND PRICES ARE HEADING LOWER AS WAVE C ,OR Y TO COMPLETE THE FOURTH WAVE
S&P 500 NEEDS A FIVE WAVES UP TO ARGUE THE FOURTH WAVE CORRECTION IS OVER
2020-10-14
US DOLLAR (TREND MIRRORS)
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
US DOLLAR ON HOURLY CHART
WE USE WHAT IS CALLED TRENDLINE MIRRORS TECHNIQUE
NOTICE HOW THE VERTICAL DISTANCE AT THE RECENT PEAK AT POINT A(WIDEST DISTANCE BTWEEN A TO B) MIRRORS THE DROP TO D
THE AB MOVE UPWARD REFLECTS ACROSS THE TRENDLINE ALMOST EXACTLY TO CD
WE CAN PREDICT ADOWNDIDE TARGET TO 92
2020-10-13
LTC vs USD
LITECOIN ON 60M CHART
HEAD AND SHOULDERS BOTTO INTO BUMP AND RUN REVERSAL BOTTOM , BREAKOUT THE DOWNTRENDALOMST AT 51,MAKE A HEAD AND SHOULDERS PRICE TARGET AT 55 AVILABLE,THEN ESTABLISHING ABOVE 51 MAKE THE ULTIMATE TARGET AT OLD HIGH AT 68
2020-10-12
GOLD UPDATE
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
AS MENTIONED IN EALIER ANALYSIS, THE MINOR WAVE FOUR WAS UNFOLDING AS A ZIGZAG PATTERN, A RISE IN FIVE WAVES OR MOVE ABOVE KEY LEVEL $1973 IS REQIRED TO HINT THE FOURTH CORRECTION IS COMPLETE, AND GOLD IS HEADING UP FOR FURTHER UPSIDE TO COMPLETE WAVE FIVE OF INTERMRDIATE(3),WHICH IS LIKELY MAKE A NEW ALL TIME HIGH AROUND $2150
NOTICE:- DUE TO THIS COUNT ,GOLD IS SUPPOSED TO BE IN A THIRD SUB WAVE, THAT ‘S MEAN ,WE SHOULD SEE GOLD IN SHRP MOVE UP AND POSITIVE MOMENTUM
2020-10-10
STOCKS DOWN MORE THAN 20% FROM 52 WK HIGH
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
A MASSIVE 40% OF SPX STOCKS ARE STILL DOWN 20% FROM THIER HIGHS. THIS GAUGE PEAKED IN JUNE, ITS NOT JUST A NARROW MARKET, ITS ONE OF THE WEAKEST IN HISTORY
UNLESS THERE‘S SUBTANTIAL IMPROVEMENT SOON, ANY SELLING OF THE BIGGEST 5 LEADERS COULD TRIGGER A MAJOR DECLINE
2020-10-09
USD& US 10YRS YIELD CURVE
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
MARKET CONSENSUS IS FIRMLY DOLLAR BEARISH, DUE TO THE FED ANCHORING NOMINAL US YIELDS, LEAVING LITTLE UPSIDE FOR USD
BUT THAT‘S NOT RIGHT , ITS INCREASINGLY THE VERY LONG END OF THE YIELD CURVE THAT‘S DRIVING THE DOLLAR AND THAT END IS MOVING RAPIDLY IN FAVOR OF USD(RED
RIPPLE XRP vs USD
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
RIPPLE‘S XRP / USD HAS COMLTED A SIGNIFICANT BEARISH BAT HARMONIC PATTERN
THE 0.886 RETRACEMENT AT $32.7 WAS THE DEFINIG UPSIDE LIMIT FOR THIS SETUP, AS THE XRP REVERSED QUICKLY AFTER TESTING THIS AREA
THE INITIAL PROFIT TARGET SET AT 0.382 RETRACEMENT OF AD AT $24.5, THE SECOND TARGET TRADED DOWN TO THE 0.618 AD AT $19.25, IF PRICE TARGETS WERE EXCEEDED THE 0.618, THE MEASUREMENTS OF THE 0.786,0.886,1.1.27 SHOULD BE CONSIDERED AS WELL
COVER THE SHORT ABOVE 25 OR 35, AND PLACE STOP LOSS BELOW 17 OR 15
2020-10-08
S&P 500 (FUNDAMENTAL & TECHNICAL ANALYSIS)
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
FUNDAMENTALLY SPEAKING:- WHEN WE‘RE LOOKING AT THE BIGGER PICTURE OF S&P 500, WE CAN MIX BETWEEN AN ELLIOTT WAVES THEORY AND CLASSIC ANALYSIS
SINCE 2018 STOCK MARKETS WERE IN A HIGH VOLATILITY, BECAUSE THE ECONOMIC CYCLE WAS NEARLY OF ITS PEAK , AND WE NOTED THE INVERTED YIELD CURVE LAST YEAR AS A CRITICAL EVIDENCE THAT THERE ARE A BROBLEMS IN THE ECONOMIC CYCLE, IT IS CALLED JUGLER CYCLE IT IS A SHORT-TERM ECONOMIC CYCLE WHOSE DUARTION WAS BETWEEN 9-11 YEARS EXTENDED FROM THE CLIMACTIC BOTTOM OF 2009 UNTIL EARLY 2020
TECHNICALLY SPEAKING :- AS I STATED ABOVE STOCK MARKTES WERE IN A HIGH VOLATILITY ,SINCE 2018, THE BROADENING TOP WAS THE CHART PATTERN THAT HONESTLY EXPRESSING THE EXTREEMS IN VOLATILITY
(, HIGHER HIGHS ,LOWER LOWS LIKE A MEGAPHONE APPEARANCE)
I DO THINK BROADENING TOP HAS 60% BREAKOUT UPWARD,WHICH COINCIDES WITH ELLIOTT COUNTING ,THAT THE UPHILL FROM 2009 LOWS UNTILL EARLY 2020 PEAK IS IN IMPLUSIVE BEHAVIOR, AND AN EXPANDING TRIANGLE (BROADENING TOP) WAS THE PRIMARY WAVE 4, AND CLIMACTIC MARCH 2020 MARKET BOTTOM WAS THE END UP OF PRIMARY WAVE 4,STILL ANOTHER PUSH HIGHER TO COMPLETE THE FIVE WAVES UP SEQUENCE OF CYCLE DGREE
MIGHTBE, BOUNCING OF MARCH LOW UNTIL SEPT‘S PEAK WAS THE THIRD WAVE OF MINOR DGREE,ALSO MINOR WAVE 4 IS COMPLETEDOR IS STILL ONGOING
BUT IF THE RALLY FROM MARCH LOWS WAS AN INTERMEDIATE WAVE (1) OF PRIMARY WAVE FIVE OF CYCLE WAVE FIVE, SO DIPPER CORRECTION AHEAD
BUT ANY CORRECTION TAKES PREICES LOWER BEFORE MARCH LOWS AS WAVE (2) IS CONSIDER A PARTIAL DECLINE IN BROADENDING TOP WHICH WORKS 76% OF THE TIME
2020-10-07
DOW JONES
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
WE‘RE IN A CONSOLIDATING PATTERN ,WHETHER THIS PATTERN IS AN INVERTED HEAD AND SHOULDERS OR AN ELLIOTT TRIANGLE
DONT NEGATE THAT THERE IS ANOTHER POSSIBILITY, WHICH IS THE FIVE WAVES UP ADVANCE IS ENDED UP , AND CORRECTION HAS BEEN TAKING PLACE AS WAVE (2) WHICH MEANS DIPPER CORRECTION AHEAD
IN FINANCIAL MARKETS THERE IS NO GARANTEE
PUT ALL POSSIBILITIES, AND TRADING THE DOMINANT TREND
2020-10-05
S&P 500 & THE 35 WEEK CYCLE
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
S&P 500 IS APPROACHING THE NEXT MAJOR TURN, THE 35 WEEK CYCLE THAT‘S DUE BETWEEN THE 3RD WEEK OF OCTOBER AND THE 1ST WEEK OF NOVEMBER, ITS UNCLEAR YET WHETHER A HIGH OR A LOW
NEXT WEEK SHOULD BE DECISIVE AS A MOVE ABOVE 3395 WILL BE BULLISH WHILE A MOVE BELOW 3300 WILL BE BEARISH
AAPL UPDATE
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
A DISTINCT CRAB SELL PATTER IS FORMING ON AAPL STOCK , THE RANGE OF $128-$129.5 IS THE POTETIAL REVERSAL ZONE TO COMPLEMENT OF THE PATTERN
NOTICE:- PRICE PULLEDBACK TO CLOSING THE GAP UP IN THE RANGE OF 11285-11221, AND DID NOT FALL BELOW THE LOW OF 111.75 WHICH IS GOOD TO CONTINUE HIGHER, LOOK AT THE PREVIOUS GAP ON THE LEFT AND THE PRICE BEHAVIOR THAT FOLLOWED IT
2020-10-03
CRUDE OIL
IN THE NAME OF ALLAH THE MOST HRACIOUS THE MOST MERCIFUL
I DO THINK OIL HAS FINSHED TWO SEGMENTS OF CORRECTION, WAVE A AND B, WHEN WE LOOK AT GRAPH 2 , WAVE B ALMOST IS COMPLETED AT THE SPECIFIC RANGE WHICH IS DEFINED PREVIOUSLY AT $39-$41, SO BREAKING THE $36 LEVEL CONFIRMS THAT B WAVE IN PLACE,BUT IF PRICES REMIN ABOVE 36, IT SUGGESTS OIL GET INTO MORE SIDEWAYS AND B WAVE IS STILL UNFOLDING AS A TRIANGLE
HOWEVER, BREAKING OF 36 PUSH ING OIL PRICES LOWER TO AT LEAST $33 OR EVEN LOWER
I BELIEVE WEAK ECONONMIC GROWTH ACROSS THE GLOBE AND TARDY LABOR MARKET IN THE US IS NOT A GOOD MIXTURE FOR THE ENERGY MARKET
REMEMBER IT WELL:- $36 IS A KEY LEVEL SHOULD NOT BE BROKEN IN THE WEEKS AHEAD
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