The current market cycle looks eerily similar to the 2005 - 2010 era. Dow started going up after the last rate hike in expectation of a rate cut and eventually peaked around the time the cut started i.e. Sep 2007. Very similar behaviour is evident in current cycle where market has been rising since the last rate hike. If the Fed cut is expected in June 2024, then...
Since bottom to bottom duration of bull markets from 1942 is almost same , this can be a case of expansion of 3rd cycle wave of 5th Supercycle.
Daily is looking very bullish and 4H timeframe has also shifted to bulllish structure. LUPIN is looking ready to fly
Weekly and Daily TF looks bullish and structure has shifted and it is ready for impulsive move
We started to write about the ending pattern ni the Nikkei in late July, but if time was a science we could have said it will take another month to complete. The pattern did not change only the point where wave e ends did. We now have a breakout and a strong rally for Japanese stocks as the next impulsive rally begins. Japan longer term is a turnaround market in...
After 2 failures to hold on to the upward trend and corrective rallies, it is clear that this bull has no bones. The dollar index has been in a bear market since 2018 and each attempted rally has failed. This time is no different. The dollar bulls are about to make the most classic giving up of their opinion and they will do it all at once. It will be a meltdown...
Ada is in complete accumulation phase. Accumulation is to collect or increase the amount of something. Accumulation can refer more narrowly to increases in the position size of an asset that is built up over multiple transactions. Accumulation can also refer to the overall addition of positions to a portfolio. In technical analysis , accumulation points to a...
MY buy zone 312 to 315 sl below 310 target 327//336//355
better to stay long on dip in the counter , looks set for a 50% or more upside ! in couple of months !
the stock had not performed yet , and is one of the most badly beaten stocks in the IT sector thus , now to maintain the index the stock need to perform and current structure as far as its above 650 looks very well!
such stocks whose whole base to move is news ...BETTER STAY AWAY FROM THEM ...and safeguard our capital!!!!!!