IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
FANG INDEX HAS FORMED A TRIPLE BOTTOMS ,THE PATTERN BECOMES A TRUE TRIPLE BOTTOMS A FTER PRICE CLOSED ABOVE 5520 TO UPSIDE TARGET ABOUT 6420
2022-08-11
2022-08-10
US CPI
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
Several tweets state that US core #inflation dropped for the fourth consecutive month. And while that is technically true, let me point out that in July, core CPI fell by 0.001 percentage points compared to June.
DOW JONES
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
DOW JONES INDEX HAS BEEN FORMING A BEARISH CRAB PATTERN , PATTERN‘S COMPLETION POINT AT 35450
NOTE: HOW THE CRAB AND DEEP CRAB PATTTERNS HAVE A STRONG MOVE TO REACH THE COMPLETION POINT
2022-08-09
BITCOIN
repeating fractal patterns show us the way
GOLD
GOLD IN MY OPINION FINISHED CORRECTION AS WAVE (4) THIS CORRECTION HAS BEGUN SINCE ROUGHLY A YEAR AGO, TAKING SHAPE SIDEWAYS AS REGULAR FLAT WAVE IN ELLIOTT WAVE
NOTE HOW THE SYMMETRY IN LENGTH BETWEEN WAVES A,B AND C
THIS IS CALLED REGULAR FLAT CORRECTION
DONT FORGET THE IMORTANCE OF THE CRUCIAL SUPPORT $1680 , WHICH HAD A ROLE IN STOPPING CORRECTION AND WAS A VERY GOOD BUYING POINT
2022-08-08
SENTIMENT
Sentiment remains neutral. Equity investors are still far from greedy
TECHNOLOGY SECTOR
TECHNOLOGY SECTOR SEEMS TO BE COMPLETEING FIVE WAVE DOWN AS A
NOW WAVE B HAS COMMENCED , IT COULD HIT 150, OR 157
THEN ONE MORE MOVE DOWN TO COMPLETE WAVE C TO FINISH THE WAVE 2 ROUGHLY AT102
2022-08-05
US UNEPLYMENT RATE
The US Unemployment Rate moved down to 3.5% in July, back to pre-pandemic levels which are the lowest we've seen since 1969
NAAIM INDEX
The NAAIM Exposure Index stands at 55.28%. NAAIM members remain optimistic
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