Take​Profit

CME Update: 06.11.2024

CME hit its target of $230 with +14.55% from the time of publishing the initial idea and 10.86% from the break of the trendline.

Bitcoin

The first attempt to establish a new all-time high was unsuccessful, but I anticipate a second attempt soon. As long as Bitcoin holds above the 64,000 USD mark, all possibilities remain open. The market sentiment was overly euphoric, but this is currently subsiding. I remain invested but won’t be expanding my investments in crypto stocks for now. My bullish scenario remains intact.(Personal opinion - no advice - no recommendation to buy securities - no financial advice) 

Sour Apple ?

I am aware that it is very risky to bet against evergreens like Apple. It can happen that despite all efforts to analyze the price simply jumps up at the market open. Nevertheless, let's try to evaluate the situation from a hard technical point of view for a possible short setup.

🍔McDonald´s 127 Rebound

Bitcoin ATH Update

Im Chart können wir erkennen, das der Kurs am Trigger des Intramusters abgeprallt ist und seinen Weg über das übergeordnete Szenario fortgesetzt hat.  Der Rebound 127 ist jedoch noch nicht vollständig erreicht. 

S&P 500, Nasdaq100 and Russell 2000

This week was in line with my primary scenario of a correction. Next week is “crunch time” as exciting corporate earnings are due and there will be a little more clarity on who will be U.S. President for the next four years. This points to further volatility and I expect a test of the 30-week moving average, which is also the short-term uptrend. For the S&P 500, this is in the region of 5,500 points. I expect a positive interim reaction here, which could serve as a prelude to a move towards 6,500 points.If the price falls below this level on a weekly closing basis, the secondary scenario will be activated, which envisages a test of the longer-term upward trend around 5,000 points. I do not expect the Nasdaq100 and Russell2000 to take on a strong life of their own this week and expect a similar development to the S&P 500. If the level around 5,500 points is reached, I plan to unwind my partial portfolio hedge.Whether we will know more clearly by the end of next week where the year-end spurt is heading depends on whether there is a clear decision on the outcome of the presidential election.It should also be noted that the U.S. government bond yield has now risen above the dividend yield again. In addition, retail investors in the USA are more optimistic than ever before about the stock market trend over the next 12 months - both are warning signals for the medium-term trend, but not (yet) a reason not to follow the positive trends in individual stocks.(Personal opinion - no advice - no recommendation to buy securities - no financial advice) 

Boeing with a Intra option

It should be noted that the red rebound at the 127 fibonacci was just missed and is still considered open.

NBIS: The Phoenix from Yandex

After more than two years of trading halt, NBIS (formerly YNDX) finally resumed trading on October 21st. While the stock initially dropped at the opening, it showed remarkable resilience and surged nearly 30% by the end of the after-hours session on October 22nd. This price action sparked my interest to share a detailed analysis of the company.

China

The impact of the U.S. election on China is often overestimated. The BRIC economies (Brazil, Russia, India, China) are clearly larger and more significant than Europe or Japan. These markets are not saturated and are crucial for companies like Coca Cola. China's recent monetary policy measures, after years of sluggish growth, have reinforced its ambition to reclaim the position it held in the 19th century. Such significant turning points take time to develop and cannot be resolved in just a few weeks.As long as the volume profile of one of the key China equity ETFs remains positive and U.S. investors buy more in positive phases than they sell in negative ones, I consider this market intact. I am gradually building positions in strong Chinese stocks, but they will not exceed 10% of my portfolio. This caution is due to living in Western countries that have aggressively intervened in the capital markets, effectively rendering Russian stocks worthless for private investors. In the battle of global ideologies, this could pose a significant risk to my capital. I view cryptocurrencies similarly in this regard.(Personal opinion - no advice - no recommendation to buy securities - no financial advice)

Amazon US-Wahl Party?

Im Amazon Daily Chart zeigt sich derzeit eine besondere Kerzensituation  welche durch die Volatilität einer PopGun Kerzenkombination entstand.

Introduction to Fair Value Gaps (FVGs)

Fair Value Gaps are, besides stop runs and Orderblocks, one of the most known concepts in Retail Trading. Many fail to use them correctly by putting too much focus on each individual Candle or Gap that looks like a Fair Value Gap.

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