with index at ATH .. inflation at 10 year high .. 30y bond yields near zero . ... whats that cant go wrong .
gold , BTC & EMs r vulnerable to DXY STRENGTH , BIG C&H in making . IF THIS GOT BREAK OUT , IT CAN BREW TROUBLE FOR HIGH BETA ASSETS
break of this rising wedge will ensure the major correction in tech stocks .
volume missing .. H&S ON 4H RSI , with right shoulder at lesser height ...fall is imminent within 8-12 hrs
Yep , if the trendline projections r good ..rounding off the slight fake outs ..Nifty future is almost at peak & we cAN SEE CORRECTION STARTING FROM HERE , CARRIED some shorts here . will be watching nifty's tomorrow price action carefully .
14465 -14416 would be a major support zone ... puts or short positions would be cleared in this zone ..any further trade must be initiated on bounce from this zone or on break down of this zone .
INDIA VIX PRIMED TO GO TO 28.2 SOON .. BEARS UNLEASHED.. STUDY THE CHART ...
as chart shows .... can india vix jump tomorrow ...taking down #nifty
closing above 1852 on monthly candle will negate the break of neck of head & shoulder pattern developed on RSI ...ALSO will give thrust to bull to lift the prices on upper side with velocity , leading to short squeezes .
#nifty must be tended toward downside with volatile expiry /
chart says it all
BTCUSD MADE THE TOP & TOPPLED EXACTLY FROM TRENDLINE RESISTANCE ON WEEKLY TIMEFRAME ... MAJOR SUPPORT TRENDLINE IS THAT GREEN LINE ...IF THAT IS BROKEN ..BTC WILL GO FOR MAJOR CORRECTION ... WAIT & WATCH
MOST PROBABLE OUTCOME WHICH 1DAY , 6H OR 4H , 1H &15 MIN CHARTS ON SPX ARE SHOWING.... THAT A BOUNCE IS COMING FOR ANOTHER NEW HIGH /... WITH #DXY HOVERING ON THE SUPPORT TRENDLINE ..BREAK OF WHICH LEAD TO DOLLAR WEAKNESS & CAN MAKE STOCKS BOUNCE .. HAVE TO BE CAREFUL & TRADE ACCORDINGLY .. LETS SEE ..IF SPX BOUNCE & CLOSE IN GREENS TODAY .
Dxy on 6h & 4h TF on major support ..can bounce from here.or..if failed to bounce & broke the support ...that means get into stocks ..#bitcoin ... all risk on assets ..for epic euphoria . #fomo
correction can ensue if friday low of 3748 broken ... target of this correction would be in 3550 range +- 20 points .
gold - bull flag formation on weekly chart... in the currency of biggest importer of gold . have to see how the next week pan out .
rounding bottom & then touchdown to support & bounce ...on monthly scale ... it must lead to 2743 as 55% from bottom of 1770
#gold nice reverse H&S on daily chart break of $1900 on closing basis will mean new highs r coming .