IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
RECORD 3-WEEK INFLOWS OF $89 BILION INTO GLOBAL STOCKS
WHILE GOLD OUTFLOW IS THE LARGEST MONTHLY OUTFLOW SINCE 2017
RISK ROARS BACK
2020-11-30
DOLLAR INDEX
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
THE DOLLAR DRIFTED LOWER IN EARLY TRADE MONDAY AS VACCINE OPTIMISM AND EXPECTATION OF MORE FEDRAL MONETARY EASING, SAW TRADERS DESERT THIS SAFE HAVEN,THE POSITIVE RECENT NEWS HAD BOOSTED INVESTOR SENTIMENT, IMPOROVING RISK APPETITE HAS NOT ONLY AFFECTED BUT ALSO GOLD AS WE HAVE SEEN GOLD FELL TO ROUGHLY $1764
TECHNICALLY SPEAKING:- AS WE MENTIONED EALIER,THE REBOUND ON AUGEST 31th WAS AN INTERIM,BECAUSE IT IS OF A CORRECTIVE NATURE(3 WAVES , NOT 5), SO WE EXPECTED THAT THE DOLLER WOULD CONTINUE TO DECLINE TO 91.35-89.5 AS I MENTIONED EALIER ON AUGEST 5th
BUT WE COULD BE SLIGHTLY ADJUSTING THIS TARGET TO AROUND 90 IF WAVE1=WAVE5 OR EVEN LESS IF WAVE 5= 1.618 WAVE 1(WAVE 3 OF 5 MORE LIKELY IS EXTENDED) , DOWNSIDE TARGET ABOUT 87.115
HOWEVER FIFTH WAVE POSSIBILLY TAKE A SHAPE OF ENDING DIAGONAL
ALTERNATIVELY:- THE DOLLAR IS STILL ONGONIG CONSOLIDATIING SIDEWAYS AS WAVE FOUR WHICH IS UNFOLDING INTO RUNNING TRAINGLE
2020-11-28
CONSUMER CONFIDENCE INDEX
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
CONSUMERS NOT IN AGREEMENT WITH EQUITIES
S&P 500 EARINGS ESTIMATES
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
MORGAN STANLY EXPECTS S&P 500 EARINGS TO FALL TO $138 THIS YEAR, BEFORE REBOUNDING TO $175 IN 2021 AND $193 IN 2022
WOW ! YELLEN THE OLD FRIENED IS BACK , MARKETS ARE CELEBRATING
 |
| YELLEN THE OLD FRIENED IS BACK |
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
STOCKS RALLY TO NEW RECORDS AS MARKETS CHEER YELLEN PICK FOR TREASURY
2020-11-27
THE BITCOIN WEALTH DISTRIBUTION
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
WHO OWNS BITCOIN
CONSUMER DISCREATIONARY SECTOR
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
CONSUMER DISCREATIONARY SECTOR ENCOMPASSES THOSE INDUSTRIES THAT TEND TO BE THE MOST SENSITIVE TO ECONOMIC CYCLES, LIKE MANUFACTRING SEGMENT WHICH INCLUDES AUTOMOTIVE,HOMELOD DURABLE GOODS.......
THE SERVICES SEGMENT INCLUDES HOTELS, RESTAURANTS.....
GENARALLY, THIS SECTOR APPEARS TO BE COPLETED 4 WAVES UP IN IMPULSIVE ADVANCE,HOWEVER, THIS SECTOR IS STILL ON COURS FOR MUCH HIGHER PRICES
THE MORE LIKELY NEXT UPSIDE TARGET AT 164
WACH CLOSELY THE STOCKS OF THIS SECTOR, U MAY GET MORE OPPORTUNITIES
2020-11-26
BTC vs USD
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
BITCOIN AFTER RALLIED LAST FEW WEEKS AGO AND NOTCHED $19350,,THE MORE LIKELY THAT BITCOIN COMPLETED THE MINUTE WAVE THREE THEN TODAY PULLEDBACK AS MINUTE WAVE 4
IN GRAPH 1 ON DAILY CHART ,THE BIGGER PICTURE,AND THE 2ND GRAPH MORE DETAILS ABOUT ELLIOTT COUNT ,I DO THINK WE FINSHED FIRST LEG OF CORRECTION AND MORE LIKELY WE ‘RE LOOKING FORWARD THAT PRICES BOUNCING TO UPSIDE AROUND $18000 THEN CONTINUE DECLIN TO 15000-15200 AREA
NOTICE NEGATIVE DIVERGENCE ON RSI AND BEARISH HARMI CONFIRM COMPLETION OF THIRD WAVE
MAYBE SOME INTERPRET TOOAY‘S DECLINE IN CRYPTO THAT COINBASE PLATFORM WERE HIT BY TECH PROBLEMS
2020-11-25
S&P 500 VS CORPORATE PROFITS AFTER TAX & REAL GDP
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
DO VALUATION STILL MATTER? THE CURRENT DIVERGENCE BETWEEN THE S&P 500 AND CORPORATE PROFITS AFTER TAX IS THE WIDEST ON RECORD
CRUDE OIL
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
AFTER RISK APPETITE RETURNS TO RISKY ASSETS LIKE EQUITY MARKETS AND OIL
CRUDE OILHAS BEEN BOUNCING FROM OCT LOW AT $33.67 IN AN IMPLUSIVE MANNER ADVANCE ,THIS RALLY OF FIVE WAVES UP AND EXCEEDED THE KEY LEVEL AT $43.67 SAY THAT THE BOTTOM IS IN PLACE AS A SECOND WAVE ON MINOR DEGREE AND THE THIRD WAVE HAS BEEN STARTED , SO WE SHOULD SEE POSITIVE UPWARD MOMENTUM ,VERTICAL RISE, LARGE VOLUME
.NOTICE THAT OIL IN THE FIFTH WAVE ON SMLLER DEGREE AND THE THIRD WAVE IS NOT THE EXTENDED WAVE AS USUAL,SO THE FIFTH WILL BE
COMMON UPSIDE TARGET FOR THIS WAVE PREDICTABLE AT $47.5 IT COULD BE EXPANDED TO $55 IF THIS WAVE WILL 1.618×WAVE 3+ WAVE 1
2020-11-24
VALUE VS GROWTH STOCKS
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
EPS GROWTH HELPS TO EXPLAIN WHY VALUE STOCKS COULD OUTPERFORM GROWTH STOCKS IN 2021
DOW JONES
IN THE NAME OF ALLAH THE MOSR GRACIOUS THE MOST MERCIFUL
TODAY THE DOW JONES CRACK 30.000 FOR THE FIRST TIME EVER OF THE POSITIVE VACCIN NEWS AND EASING UNCERTAINTY OVER THE US PRESIDENTIAL TRANSITION
THE DOW JONES CHART SHOWS AN EXCELLENT THE BULLISH 5-0 PATTERN , PRICE ACTION IS FORMING THE EXTENDED BC LEG , THIS LEG SHOULD BE RALLIED AT LEAST TO 161.8% EXTENSION OF THE AB LENGTH AT 31090, BUT IT DOES NOT EXCEED 224% AT 32990 THEN WE CALCULATE THE 50% RETRACEMENT FROM THE B POINT TO C POINT TO COMPLEMENT THE STRUCTURE AT 28600-29560 RANGE, FINALLY PRICE ACTION REVERS TO UPSIDE
NOTICE:- IF THE 161.8% EXTENSION OF AB NOT REACHED(31090) THE STRUCTURE IS NOT A VALID 5-0
BELOW 0.618 OF BC STOP LOSS LIMIT AT 28000-28750 RANGE
2020-11-23
THE 10yr TREASURY YIELD FORCASTS
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
GOLDMANSACHS FORCASTS THE 10yr TREASURY YIELD AT 0.75% BY THE END OF 2020 AND 1.30% BY THE END OF 2021
GOLD
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
GOLD EMPHASIZE IT‘S POOR PERFORMANCE SINCE AUGEST, IT SEEMS TO BE REACATED NEGATIVELY TO EVERY POSITIVE COVID-19‘S VACCIN NEWS
GOLD MELTDOWN BELOW THE KEY LEVEL SUPPORT $1850 ON MONDAY AS RISK ON IS BACK, OUR PRIMARY COUNT DEPEND UPON THAT GOLD HAS PULLEDBACK FROM ALL TIME HIGH AT $2075 AND THEN GOT INTO A COMSOLIDATION MODE,CONTINUED DOWNFALL TO COMPLETES MINOR WAVE FOUR AT 1830-1820 RANGE AS POST TRIANGLE THRUST
IF GOLD BEAKS DOWN THE PSYCHOLOGICAL SUPPORT $1800 LEVEL,GOLD MORE LIKELY HITTING $1765 ,THEN COUNT WILL CHANGE TO HIGHER DEGREE, FROM MINOR DEGREE 4 TO INTERMEDIATE DEGREE (4)
ALTERNATIVELY, THIS WAVE COULD BE COUNTED AS A DOUBLE ZIGZAG WXY,AND PRICES NOW ARE IN THE SECOND LEG OF CORRECTION(C OF Y OF 4) MIGHT REACH $1750 IF W=Y
NOTICE:- IN PRIMARY COUNT WAVE B UNFOLDING INTO BRRIER TRIANGLE , THIS TYPE IS NOT A COMMON ONE, WAVE B AND D END AT ESSENTIALLY THE SAME LEVEL
ALSO, THE BREAKING USUALLY IS IN THE DIRECATION OF THE HORIZONTAL SIDE
2020-11-21
6th LARGEST INFLOW TO TECH EVER
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
6th LARGEST INFLOW TO TECH EVER, AS INVESTORS EXPECT THE TECH SECTOR TO CONTINUE TO OUTPERFORM
REMEMBER THAT I SIAD BEFORE WHEN I TALKED ABOUT TESLA https://stockcharts-home.blogspot.com/2020/11/tesla.html
KEEP UR EYE ON TESLA AND TECH SECTOR IN THE COMING DAYS
THE TECH‘S RALLY HAS MUCH TO GO
US.SOYBEANS
 |
| US.SOYBEANS |
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
US,SOYBEANS ON THE DIALY CHART IS FORMING A DISTINCT CRAB SELL PATTERN
THIS SETUP ,THE CONVERGENCE OF THE XA AND BC PROJECTIONS DEFINE THE PRZ WHICH IS CALCULATED AT 1266-1270 RANG
U SHOULD FOCUS ON THE PRICE ACTION INTO THIS AREA ,LIKE REVERSAL CANDLESTICKSOR NEGATIVE DIVERGENCE ON THE RSI
MAKE UR STOP LOSS AT 1375(200%XA) STOP LOSS LIMIT
2020-11-20
GOLD AND BITCOIN CURRENTLY ARE DETATCHED
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
ALMOST SINCE THE BEGINNING OF 2019, GOLD AND BETCOIN HAVE PEGGED,BUT IN RECENT TIME BITCOIN IS DETATCHED FROM GOLD,WHILE BITCOIN STILL SHINES BRIGHT GOLD IS STAGNATING BELOW $1900
NIO SHARES COULD HEAD TO OVER $56
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
NIO IT LOOKS LIKE A TESLA NOT AS ELECCTRIC VEHICLE MAKER ONLY,BUT ALSO IN WAVE COUNTS THAT NIO IS FINSHED A CONSOLIDATION SIDEWAYS AND HAS COMMENCED THE MINOR FIFTH WAVE OF THE INTERMEDIATE WAVE THREE , IT BECAM CLOSE TO EYED RECORD HIGH LAST FRIDAY AT $54
WE‘RE LOOKING HIGHER TO UPSIDE TARGET 56-58 AREA AND EVEN MORE IF THE FIFTH WAVE IS PROLONGED
NOTICE :- THE NEGATIVE DIVERGANCE ON RSI , COULD CONFIRM OUR ELLIOT WAVE COUNTS ,THAT IT OFTEN OCCURS BETWEEN THE THIRD AND THE FIFTH WAVES OF THE THIRD WAVE
2020-11-19
UNEMPLYOYMENT RATE
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
IS THE REAL UNEMPLOYMENT RATE REALLY 6.9%
PERSONALLY I CAN‘T BELIEVE
USD vs TRY
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
USD/TRY COMPLETED A DISTINCT BEARISH CRAB PATTERN. THE PRZ WAS 8.30-8.43 AREA,THE PATTERN SLIGHTLY EXCEEDED THE PRZ BUT THE PATTERN IS STILL VALID ,ALWAYS IN CRAB PATTERNS, PRICE ACTION IS VOLATILE
AFTER THE COMP;LETION POINT OF CRAB ,WE‘RE LOOKING FOR THE DOWNSIDE OBECTIVES AT $7.25,THEN AT $6.45
TESLA
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
TESLA HAS BEEN AMONG THE WORST STOCKS IN THE LAST TWO MONTHS, BUT IT HAS REGAINED ITS LUSTER AGAIN AFTER IT‘S CONSOLIDATING SIDEWAYS,AND FINALLY IT SHOOT UP HIGHER TO TOUCH THE SEPTEMBER‘S HIGH AS A POST TRIANGLE THRUST WHICH IS EXPECTED TO HIT ROUGHLY $550 OR EVEN MORE, MAY BE THE SURGE BEACUSE MORGAN STANLEY GAVE TESLA AN OVERWEIGHT RATING FOR THE FIRST TIME IN MORE THAN THREE YEARS,PREDICTING THAT THE FIRM IS ON THE VERGE OF PROFOUND MODEL SHIFT FROM SELLING CARS TO GENERATING HIGH MARGIN SOFTWARE AND SERVICES REVENUE
👈KEEP YOR EYE ON TESLA , TECH SECTOR IN THE COMING DAYS👉
2020-11-18
EQUITY VALUATION PRICE/SALES
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
US EQUITIES ON A P/S BASIS JUST HIT ITS HIGHEST LEVEL ON RECORD AT 2.72X.TRADING IN THE 100TH PERCENTILE OF ITS HISTORICAL DISTRIBUTION OVER 40 YEARS US STOCKS ARE RECORD OVERVALUED
BTC vs USD
WE‘RE TRACKING A PRIMARY SCENRATIO TO CATCH ON BITCOIN. THE PRIMARY INTERPRETATION FOR BITCOIN , THAT WE‘RE IN THE PRIMARY FOURTH WAVE ON THE BIG PICTURE SINCE START OF BITCOIN TRADING,WE‘RE ENDED UP ONE,TWO WAVES AND HAS ALREADY HAS STARATED IN THE THIRD WAVE THAT THE BIGGEST AND STRONGEST WAVE IN THE ACTIONARY WAVES ,THIS WAVE SUBDIVIDIT INTO SMALLER WAVES TO BE COUNTED 1,2 AND 1.2 WE FOUCUS ON HIGHER ,THIS WAVE IS HEADIND UP TO HIT ROUGHLY 19000
I DO THIND BITCOIN HAS A POSITIVE MOMENTUM TO SHOW MORE HIGHER I THINK IN NEAR TIME BITCOIN GONNA SMACH ALL TIME HIGH,,BITCOIN HAD SURPASSED THE $18K PER UNIT AS THE CRYPTO ASSET HAS CLIMBED A 54% DURING THE LAST 30 DAYS,DURING THE LAST 90 DAYS AGAINST THE US DOLLAR BITCOIN IS UP 53%, DONT FOREGET WE‘RE IN THIRD OF THE THIRD WAVE OR THE POST TRIANGLE THRUST AS THE SECONFD GRAPH SHOWS
NEW RECORD HIGHS AWAIT BITCOIN
GOLDMAN SACHS EXPECTS FOR DOLLAR DEPRECIATION
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
GOLDMAN SACHS EXPECTS THE DEPRECIATION IN THE BROAD US DOLLAR TO CONTINUE IN 2021 AND BEYOND
2020-11-16
EMPIRE STATE MANUFACTURING INDEX
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
THE EMPIRE STATE MANUFACTURING INDEX RATES THE RELATIVE LEVEL OF GENERAL BUSINESS CONDITIONS NEW YORK STATE. A LEVEL ABOVE 0 INDICATES IMPROVING CONDITIONS, BELOW 0 INDICATES WORSSENING CONDITION. THE READING IS COMPILED FROM A SURVEY OF ABOUT 200 MANUFACTURERS IN NEWYORK STATE
A HIGHER THAN EXPECTED READING SHOULD BE TAKEN AS POSITIVE/ BULLISH FOR THE USD,WHILE A LOWER THAN EXPECTED READING SHOULD BE TAKEN AS NEGATIVE/ BEARISH FOR THE USD
NOTICE:- THAT THE INDEX FELL FOUR POINTS TO 6.3 DOWN FROM 10.5. POINTING TO A SLOWER PACE OF GROWTH THAN IN OCTOBER
ALSO NOTE, IN NOVEMBER ACTUAL 6.3
FORCAST 13.5
PREVIOUS 10.5
READ THE PREVIOUS POST FOR US DOLLAR INDEX https://stockcharts-home.blogspot.com/2020/11/dollar-index_16.html
TO KNOW IS THE CURRENT READING FOR THIS INDEX FAVORS THE POTENTIAL DECLINE IN USD DOLLAR AS SHOWN IN PREVIOUS POST
DOLLAR INDEX
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
I MENTIONED ON 22/10/2020 (https://stockcharts-home.blogspot.com/2020/10/dollar-index.html THAT I WAS NOT CONVINCED WITH THE US DOLLAR COPMLETED 5 WAVES DOWN AND A NEW BULLISH TREND HAS BEGUN , I DO THINK A NEW COUNTS BECAME ADMISSIBLE FOR THIS VIEW, THE PREVIOUS RISE JUST ONLY CORRECTIVE WAVE. THE ODDS FAVOR IT WAS A PART OF TRIANGLE , SO WE CAN SEE PRICES MEANDER UP AND DOWN FOR WEEKS AHEAD, THEN IT WILL PLUNGE TO 90.5-91.5 AREA AS A WAVE FIVE OF C OF (2 COMPLETES
2020-11-14
FOUR MARKET PHASES
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
THE ULTIMATE GUIDE TO PRICE ACTION
THE SM BASICALLY MOVES THE MARKET IN FOUR PHASES AS SHOWN ABOVE
LARGEST WEEK EVER OF GOLBAL EQUITY INFLOWS
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
EQUITY FUNDS SAW A RECORD INFLOW OF $44.5b THIS WEEK AS VACCINE OPTIMISM GROWS
2020-11-13
CHINA ‘GDP GAINING GROUND ON US
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
CHINA IS EXPECTED TO OVERTAKE THE UNITED STATES AS THE WORLD‘S LARGEST ECONOMY IN THE NEAR FUTURE
FOR THOSE AMERICANS BE AWARE THAT MONSTERS ALWAYS LURK UNDER THE BED
S&P 500 ( ATH)
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
S&P500 CLOSED AT ATH(ALL-TIME HIGH) FOR 1ST TIME SINCE SEP2INDEX ROSE 1..4% TO 3585 BRINGING ITS GAIN FOR NOV TO 9.6%
2020-11-12
US INTEREST RATES
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
SHOULD INVESTORS EXPECT LOW INTEREST RATES FOR A LONG PERIOD OF TIME? THIS CHART HELPS TO EXPLAIN THE SECULAR TREND FOR US INTEREST RATES
RUSSELL 2000
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
RUSSELL 2000 NOTCHED NEW RECORD HIGH AT 1746, BUT IT HAS FACED A CLUSTER OF RESISTANCES MADE UP OF HORIZONTAL ONE AND THE MIDDLE LINE OF THE ASCENDING CHANNEL, AS A RESULT OF THAT THE INDEX HAS BEEN PULLING BACK AND IS LIKELY HITS THE 1645-1670 AREA
2020-11-11
SMALL BUSINESSES IN THEIR ABILITY TO SURVIVE
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
PERSISTENT DECREASE IN SMALL BUSINESSES ‘CONFIDENCE IN SURVIVABILITY
SURVEY SHOWS THAT ONLY 60% OF THOSE SUREYED IN NOVEMBER ARE CONFIDENT THEIR BUSINESS WILL MAKE IT DOWN FROM 68% IN APRIL& 74% IN MAY
MARKET SENTIMENT
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
MARKET SENTIMENT INDICATORS ARE STILL NEUTRAL
2020-11-10
MONTHS TO RETURN TO PRE-RECESSION
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
EACH RECESSION TAKES LONGER TO COME OUT OF
THIS EVENT STARTED FROM THE‘80s
S&P 500
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
S&P500 SHOWS A SIGNIFICANT BEARISH DEEP CRAB HARMONIC PATTERN
THERE ARE 3 NUMBERS IN THE POTETIAL REVERSAL ZONE ,THAT DEFINED A TIGH ZONE IN THE 3780-3930 AREA
THE PATTERN POSSESS A 1.618 AB=CD PATTERN AT 3780, WHILE THE 1.618 XA EXENSION AT 3825, FINALLY 2.24 BC PROJECTION AT 3930,ALL ARE CONVERING IN 3780-3950 AREA
NOTICE WHEN PRICE ACTION BREAKOUT THE B POINT AT 3550 A BULLISH BAMM TRIGGER WAS BORN TO THE COMPLETION OF PATTERN AT 3800-3930 AREA, ALSO IN DEEP CRAB PATTERNS A VIOLATION OF THE B POINT AND X POINT TYPICALLY CREATES A SITUATION OF SERVE PRICE ACTION, SO FREQUENTLY THE RESULT IS A SHARP MOVE TO THE FURTHER POINT IN THE POTENTIAL REVERSAL ZONE
2020-11-09
S&P500 UNDER RECENT PRESIDENTS
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
NICE CHART HERE ! IT IS MISTAKE TO BELIEVE THAT THE STOCK MARKET DOES WORSE WHEN DEMOCRATES ARE PRESIDENT.
IN FACT THE DATA SHOWS THE OPPOSITE
NEW BULL AHEAD
DOW JONES
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
I WOULDN‘T DIVE INTO ELLIOTT‘S DETAILS BUT THE DOW JONES HAS COMMENCED THE MINOR FIFTH WAVE,MAYBE THE UPSIDE TARGET FOR THIS WAVE OVERSHOOT 31500.
THIS POSSIBILITY IS SUPPORTED BY THE FACT THAT THIS WAVE STARTED WITH MANY GAPS,INCLUDING GAPS THAT INDICATE PERSISTENT OF THE UP TREND AND HITTING FRUTHER UPSIDE TARGETS
2020-11-07
S&P500 AND NDX 100 WITHOUT QE
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
CHART SUGGESTING THAT WITHOUT QE, THE S&P500 SHOULD BE AROUND 1800 AND THE NASDAQ 100 AROUND 5000
JOE BIDEN WON THE PRESIDENCY
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
CONGRATULATIONS
JOE BIDEN ELECTED 46TH PRESIDENT
2020-11-06
PERCENTAGE OF STOCK ABOVE 20 DAY MOVING AVG
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
AFTER A FEW WILD DAYS IN THE MARKET,68% OF STOCK ARE BACK ABOVE THEIR 20 DAY MOVING AVERAGE, RIGHT AS THE SPX IS TESTING THE TRIANGLE RESISTANCE
BTC vs USD
IN YHE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
BITCOIN HAS A HEAD AND SHOULDERS BOTTOM , DESPITE THIS PATTERN LABELED UGLY HEAD AND SHOULDERS BOTTOM BUT IT IS STILL WORKING WELL IT IS ON VERGE OF REALIZEING THE UPSIDE TARGET ROUGHLY AT 17000
2020-11-05
NASDAQ 100
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
THE NASDAQ 100 IS RISING AS A DEMOCRATIC GOVERMENT WON‘T LIKELY BE ABLE TO REGULATE BIG TECH COMPANIES
REGARDLESS OF BIDEN OR THE DEMOCRATIC GOVERMENT NASDAQ AND OTHER INDICES CONTINUE RISING, SIMPLY BECAUSE THEY HAVE BENN FINISHING THE SHORT TERM CORRECTION
DOLLAR INDEX UPDATE
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
YESTERDAY I SAID ABOUT THE SHORT TERM UPTREND WAS WORKING WELL
BUT TODAY IT SEEMS THAT IM WRONG , A DECISIVE BREAKOUT HAS TAKEN PLACE, AND ALSO WE CAN PREDICT THE DOWNSIDE TARGET AROUND 92.050 AS TRENDLINE MIRROR IN THE WAY SHOWN ABOVE
ON CONTRARY, NOTICE BOTH OF EURO , GOLD RALLY.... MAGNIFICENT SHOW
IT SEEMS THE FX MARKET HAPPY TO BIDEN‘S VICTORY
BE READY FOR THE BIG SHOW NIGHT
2020-11-04
GROWTH vs VALUE AND US vs EUROZONE
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
WILL GROWTH CONTINUE TO OUTPERFORM VALUE IN 2021
DOLLAR INDEX
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
IT SEEMS THE SHORTTERM UP -TREND IS WORKING WELL
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