Wise Forex & Stocks
Week started with stocks bouncing after previous week dump. But now, that US president elections are nearly over, both charts losing bounce momentum and ready for reversal. On last week dump SP500 made higher low, Dow Jones lower low - controversial situationβ¦
Whatever are the reasons, both SP500 and Dow broke out resistance zones and went higher.
@WiseForex #SP500 #US30 #Dow
@WiseForex #SP500 #US30 #Dow
Ladies and gentlemen. This dollar drop pumped all the markets and seems that its going to continue towards 92.28 and maybe 92.13. These are values from where it has chances to grow back. But if drop below 91.74 next stop will be a t 90-90.5
Worth watching how week candle close.
@WiseForex #DXY #DollarIndex
Worth watching how week candle close.
@WiseForex #DXY #DollarIndex
Wise Forex & Stocks
Still not clear who won the election, but market pumping π @WiseForex #SP500 #US30 #Dow
Stocks have reached strong resistance levels. There will be nothing wrong if next week they will be pulling back. Be ready either to sell your stocks or hold them through that negative period. COVID cases still grow, so there are no fundamental reasons for stocks to grow except for weak dollar and distant possibility for vaccine to be produced and massively distributed (which may happen only in 2021).
@WiseForex #SP500 #US30 #Dow
@WiseForex #SP500 #US30 #Dow
Friends. I'm sorry I do not post here regularly. But crypto trading doing well and I spend most of the time there. This channel is not left. Once I switch to longer term trades, I'll be sharing some news and signals here as well.
Meanwhile Trump continue to claim victory. Pathetic redneck. The longer he does it the worse it is for world economy.
Meanwhile Trump continue to claim victory. Pathetic redneck. The longer he does it the worse it is for world economy.
Forwarded from π Wise Analyze π
Got a bearish feeling about market now. S&P500 and momentum decreasing, which may lead to lower high on the next swing and then down. Watch reaction to 3730 resistance if it gets there.
Same thing with Oil. It pumped together with stocks on opening, but dumped after. Something not right here. Can't have Pfizer trending and oil dumping at the same time. Add to this rising Gold.
Sure Bitcoin may follow gold, isn't it digital gold after all. But March history shown that even gold falls sometimes.
@WiseAnalyze
Same thing with Oil. It pumped together with stocks on opening, but dumped after. Something not right here. Can't have Pfizer trending and oil dumping at the same time. Add to this rising Gold.
Sure Bitcoin may follow gold, isn't it digital gold after all. But March history shown that even gold falls sometimes.
@WiseAnalyze
Haven't been posting here for a long time, but I think above information and this Dollar Index chart will give you more than all this boring bullish stocks market where you long everything and it just grows π
Well now I consider selling my stocks. Not immediately (my broker offline), but on next swing I will consider this very seriously for sure.
Dollar index been dumping all this time. I see 89.9 and 89 as main support zones on this chart that can push it back. This may become a moment of reversal for stocks and other currencies.
@WiseForex #DXY #DollarIndex
Well now I consider selling my stocks. Not immediately (my broker offline), but on next swing I will consider this very seriously for sure.
Dollar index been dumping all this time. I see 89.9 and 89 as main support zones on this chart that can push it back. This may become a moment of reversal for stocks and other currencies.
@WiseForex #DXY #DollarIndex
I had doubts, but was wrong. So far charts look like clear breakout towards higher highs.
@WiseForex #SP500 #US30 #Dow
@WiseForex #SP500 #US30 #Dow
Vaccine news are pushing Oil higher and Trumps attempts to blame everyone in his loss dollar lower.
Next support for DXY at 89.
@WiseForex #DXY #DollarIndex #Oil
Next support for DXY at 89.
@WiseForex #DXY #DollarIndex #Oil
Now I wonder how it will influence stock prices. I hate Trump, but I know his policy was good for stocks. What will Biden bring to the market and crypto as well?
@WiseForex #SP500
@WiseForex #SP500