Wise Forex & Stocks
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I post stocks and Forex analysis here for swing trading strategy. Mostly higher timeframes.

Main channel for Crypto - @WiseAnalyze
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Walgreens Boots Alliance is a pharmacy network in USA. Could it be so that COVID will bring more clients to it?

Bullish divergence at weekly. Potential breakout of ~37.78 SR to 43 and even 49. But that is still a downtrend, so that is a risky entry.

@WiseForex #Stocks #WBA
Wise Forex & Stocks
SP500 and Dow Jones almost hit target from 2 days old forecast. Expect to see bounce here to re-test resistance zone left untouched above. @WiseForex #SP500 #US30 #Dow
Indexes bounced a little higher from drawn arrows. Currently Dow Jones test 28615 resistance and SP500 test 3500. If get rejected, will retest 28200 and 3450 respectively. The rest depends on that last move.

@WiseForex #SP500 #US30 #Dow
GOLD should be testing 1920 resistance soon. But most important is above at 1930.

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@WiseForex #PAXG #Gold #FTX
Wise Forex & Stocks
@WiseForex #SP500 #US30 #Dow
October 13th forecast came true. Both chart now have clear lower highs at daily and pulling back to nearest strong support zone (red line). Why #Bitcoin still up? Because on Friday USD index also went down and today retracement continues. If USD index tomorrow continue falling to 93 support, that will give time for stocks to find support as well, and smooth BTC reaction to bearish world economy. But I doubt it will totally lose correlation with it nor move against it for long time.

@WiseForex #SP500 #US30 #Dow
Remdesivir Is the First FDA-Approved Treatment for COVID-19

Good news for GILEEAD (GILD).

My broker market price is 64.7 - so once USA wake up and start trading you may expect it to pump the same direction. I have some stocks bought back on October 8th at price 63.6$. Will be buying more all the way down to 61 (if lucky to see it there).

@WiseForex #Stocks #GILD
Wise Forex & Stocks
Dollar index rejected from 93.8. Now at 93.45 support but with that momentum may continue lower to 93. @WiseForex #DXY #DollarIndex
Dollar index reached target at 93 and even went a little lower to 92.47. Now rejected from previous channel bottom trendline and pulling back to 92.75 support. The rest will depend if it will bounce from that zone or continue retracement to 92.5-92.3. In any case current DXY state help other currencies (and crypto) be bullish.

@WiseForex #DXY #DollarIndex
Wise Forex & Stocks
Stocks reached ~3473 resistance zone. Since this is the end of the week, I assume next week stocks market may start with bullish attempt to reach 3500, but end up bearish heading to 3400. @WiseForex #SP500
Stocks didn't even tried to grow higher. Just got rejected from resistance level where they finished last week and continue dropping. While SP500 haven't yet made lower low, DJ already on the way below it. Doesn't look strong.

@WiseForex #SP500 #US30 #Dow
Italy and France almost locked down. Slovenia and Czech applied curfew from 21 till 6. While US elections haven't finished, Trump won't announce lockdown, but once everything is over, what will new president do? Lockdown may cause new wave of protests (and doesn't matter what will be the reason and what color will be people in the crowd). Seems that global economy dump is at the very beginning.

Week charts (without drawings with Ichimoku on) to show the big picture and how far it may fall.

@WiseForex #SP500 #US30 #Dow