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dragonflycap · 7 months ago
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What to expect from the stock market this week
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Last week, the review of the macro market indicators saw with October in the books and heading into the election and FOMC meeting, equity markets experienced a Halloween spooking. Elsewhere looked for Gold ($GLD) to continue its uptrend while Crude Oil ($USO) consolidated at the bottom of a broad range. The US Dollar Index ($DXY) looked to consolidate in its uptrend while US Treasuries ($TLT) pulled back in their consolidation. The Shanghai Composite ($ASHR) looked to continue the short term move higher while Emerging Markets ($EEM) pulled back in their uptrend.
The Volatility Index ($VXX) looked to remain at a neutral level, above the base established this year, and was likely to stay there at least until after the election. This might make for choppy light trading for equity markets to start next week. Their charts looked strong on the longer timeframe though. On the shorter timeframe both the $QQQ and $SPY had reset momentum measures lower and could reverse or turn bearish, likely a couple of days’ time would tell. The $IWM did not seem concerned about an election or Fed policy, churning sideways.
The week saw major movements happen following the election. It played out with Gold pulling back from its high Wednesday before a partial recovery while Crude Oil found some strength and moved higher in a choppy range. The US Dollar jumped to a 4 month high while Treasuries fell back to a 5½ month low Wednesday before a recovery. The Shanghai Composite continued the move to the upside while Emerging Markets chopped in a wide range.
Volatility crashed down to the low end of the range since August. This put a stiff breeze at the backs of equities and they started to move up Tuesday and then accelerated Wednesday through the end of the week. This resulted in the SPY and QQQ printing a new all-time highs Wednesday, Thursday and Friday and the IWM gapping up to a 1 year high. What does this mean for the coming week? Let’s look at some charts.
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The SPY came into the week at the 50 day SMA on the daily chart in a pullback from the top. It had a gap left open from the end of the week. It held there on Monday and then started higher Tuesday, into the gap. It gapped up Wednesday to finish at a new all-time high and leaving an island below. It followed that up with new all-time highs Thursday and Friday. The Bollinger Bands® are open to the upside. The RSI is rising deep in the bullish zone with the MACD positive and rising.
The weekly chart shows a strong, long bullish candle rising from the 161.8% extension of the retracement of the 2022 drop. The 200% extension is now within view at 614 above. The RSI is rising near overbought territory in the bullish zone with the MACD drifting up and positive. There is no resistance above 599.60. Support lower sits at 585 and 580 then 574.50 and 571.50 before 565.50 and 556.50. Uptrend.
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With the Presidential Election and November FOMC meeting in the rearview mirror, equity markets showed jubilation as they vaulted higher. Elsewhere look for Gold to in its uptrend while Crude Oil consolidates in a broad range. The US Dollar Index continues to move to the upside while US Treasuries consolidate in their pullback. The Shanghai Composite looks to continue the move higher while Emerging Markets chop in their short term uptrend.
The Volatility Index looks to remain low and drifting lower following the election making it easier for equity markets to continue higher. Their charts look strong on both timeframes, especially the SPY and QQQ. The IWM has now joined the party, a stone’s throw away from making its first new all-time high in 2 years. Use this information as you prepare for the coming week and trad’em well.
Join the Premium Users and you can view the Full Version with 20 detailed charts and analysis: Macro Week in Review/Preview November 8, 2024
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jeffhirsch · 1 year ago
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Will the (year of the) Dragon slay the Bear in China
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This Saturday, February 10, is Lunar New Year or Chinese New Year and it will usher in the year of the dragon. Traditionally, the dragon has been a symbol of good luck, strength, and health. All of which have been lacking for China’s Shanghai Comp and Hong Kong’s Hang Seng indexes as both have languished since peaking in late 2021. Some signs of a possible turnaround have begun to materialize with both indexes rebounding off their respective 2024 lows.
Historically, trading ahead of the Lunar New Year has been bullish on average with the Hang Seng index solidly advancing during the 30-trading days before the holiday. The Shanghai Comp has also tended to rise, but gains were in the final few trading days before the holiday. After the holiday passes and trading resumes, Shanghai Comp has taken the advantage over the following 60-trading days with gains continuing. Hang Seng has tended to drift into a sideways trading pattern but still produced a modest gain.
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smokin9-box · 4 months ago
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Art block be like:
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You draw better with pen ig
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lemanneric34 · 8 months ago
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Is It Time To Buy China?
Last week, after the announcement of various economic stimulus measures, the entire Chinese stock market gained more than 10% in just a few days. Billionaire investor David Tepper appeared on Squawk Box, saying that he's buying 'everything' in China. Let’s take a look at what China’s birth chart says regarding the matter.
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andreshall · 8 months ago
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Is It Time To Buy China?
Last week, after the announcement of various economic stimulus measures, the entire Chinese stock market gained more than 10% in just a few days. Billionaire investor David Tepper appeared on Squawk Box, saying that he's buying 'everything' in China. Let’s take a look at what China’s birth chart says regarding the matter.
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tubaajuhainah1989 · 8 months ago
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Is It Time To Buy China?
Last week, after the announcement of various economic stimulus measures, the entire Chinese stock market gained more than 10% in just a few days. Billionaire investor David Tepper appeared on Squawk Box, saying that he's buying 'everything' in China. Let’s take a look at what China’s birth chart says regarding the matter.
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judypham78 · 8 months ago
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Is It Time To Buy China?
Last week, after the announcement of various economic stimulus measures, the entire Chinese stock market gained more than 10% in just a few days. Billionaire investor David Tepper appeared on Squawk Box, saying that he's buying 'everything' in China. Let’s take a look at what China’s birth chart says regarding the matter.
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maryreed123 · 8 months ago
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Is It Time To Buy China?
Last week, after the announcement of various economic stimulus measures, the entire Chinese stock market gained more than 10% in just a few days. Billionaire investor David Tepper appeared on Squawk Box, saying that he's buying 'everything' in China. Let’s take a look at what China’s birth chart says regarding the matter.
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ruthgarcia123 · 8 months ago
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Is It Time To Buy China?
Last week, after the announcement of various economic stimulus measures, the entire Chinese stock market gained more than 10% in just a few days. Billionaire investor David Tepper appeared on Squawk Box, saying that he's buying 'everything' in China. Let’s take a look at what China’s birth chart says regarding the matter.
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karennewman78 · 8 months ago
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Is It Time To Buy China?
Last week, after the announcement of various economic stimulus measures, the entire Chinese stock market gained more than 10% in just a few days. Billionaire investor David Tepper appeared on Squawk Box, saying that he's buying 'everything' in China. Let’s take a look at what China’s birth chart says regarding the matter.
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mariamhelen78 · 8 months ago
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Is It Time To Buy China?
Last week, after the announcement of various economic stimulus measures, the entire Chinese stock market gained more than 10% in just a few days. Billionaire investor David Tepper appeared on Squawk Box, saying that he's buying 'everything' in China. Let’s take a look at what China’s birth chart says regarding the matter.
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dragonflycap · 8 months ago
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What to expect from the stock market this week
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Last week, the review of the macro market indicators saw with the inflation reports behind us, equity markets showed strength with the SPY ending at an all-time high. Elsewhere looked for Gold ($GLD) to continue its uptrend while Crude Oil ($USO) consolidated in a broad range. The US Dollar Index ($DXY) continued to move to the upside while US Treasuries ($TLT) consolidated in their downtrend. The Shanghai Composite ($ASHR) looked to reverse lower while Emerging Markets ($EEM) consolidate the start of an uptrend.
The Volatility Index ($VXX) looked to remain low making the path easier for equity markets to the upside. Their charts looked strong, especially the $SPY and $QQQ on the longer timeframe. On the shorter timeframe both the QQQ and SPY were now ready to resume the move higher. The $IWM looked a bit less powerful but was holding near resistance, a good show of relative strength for the small caps.
The week played out with Gold chugging higher and ending at a new all-time high while Crude Oil fell back in the broad consolidation. The US Dollar met resistance at a lower high at the end of the week while Treasuries printed a Dead Cat Bounce after finding support Monday. The Shanghai Composite continued lower toward the September month end gap while Emerging Markets turned consolidation into a falling wedge.
Volatility drifted down to the lowest close of the month. This gave equities some breathing room and they rose to to start the week with the SPY printing a new all-time high Monday. All gave back some gains midweek before recovering to finish the week strong. This left the SPY back at the high, the QQQ near the October high and the IWM holding at nearly 3 year highs. What does this mean for the coming week? Let’s look at some charts.
SPY Daily, $SPY
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The SPY came into the week at a new all-time high. It started off on the right foot making another one on Monday but ended out of the Bollinger Bands® on the daily chart. That led to a pullback on Tuesday and small reversal higher on Wednesday. Thursday broke higher as well with a gap up at the open, but it did not hold and then another gap up Friday held with the SPY ending at a new all-time high. The RSI is rising in the bullish zone with the MACD positive and climbing as those Bollinger Bands point higher.
The weekly chart shows a 6th consecutive move higher as it makes some separation from the 161.8% extension of the retracement of the 2022 drop. The RSI is making a higher high, negating a possible momentum divergence with the MACD crossed up and rising. There is resistance at 585 above. Support comes at 580 and 574.50 then 571.50 and 565.50 before 561.50 and 556.50. Uptrend.
SPY Weekly, $SPY
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With the October Options Expiration in the books, equity markets showed some strength battling against a narrative of slower Fed cuts. Elsewhere look for Gold to continue its uptrend while Crude Oil drops in consolidation. The US Dollar Index may reverse the short term uptrend while US Treasuries pullback in consolidation. The Shanghai Composite looks to drop back from its spike while Emerging Markets stall in their move higher.
The Volatility Index looks to remain low making the path easier for equity markets to the upside. Their charts look strong, especially on the longer timeframe. On the shorter timeframe the SPY is leading the way higher with the QQQ slowly battling back to its high and the IWM poking its head up perhaps to make another attempt at a run higher. Use this information as you prepare for the coming week and trad’em well.
Join the Premium Users and you can view the Full Version with 20 detailed charts and analysis: Macro Week in Review/Preview October 18, 2024
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iron-red-drench · 11 months ago
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the shit they put in farcille is too fucking potent i feel like im simultaneously drowning and dying of thirst
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kaciidubs · 2 years ago
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You'll regret not going to bed love. I promise you you're gonna regret it. Sleeeeeeeeeppppppppppppp
yeaaaaah..okay i will, thank you 🥺
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bloodtwin · 9 months ago
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Astarion’s first question makes him laugh, a wide grin on his face now as the other man seems to eye him like a wolf mistaking its own kin for sheep. Puck almost has the urge to twirl for him, make sure he sees every angle, but keeps himself rooted to the spot. He thinks if he moves he might go for the throat. This is bad.
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❝  Well, you are a bit more eager than some of the others when it comes to bloodshed. ❞ Oh, as if you’re not. Really, Puck is almost an entirely different person in combat. Though his shy demeanor does little to support his claims of being a barbarian, his thirst for blood on the battlefield is enough to confirm it. 
He does not rage, not exactly. He goes into a frenzy, yes, but there is no anger behind it. Puck rarely feels such an emotion. All he feels in combat is excitement. He attempts to restrain himself ⸻ in fact, he does restrain himself, and he does it well ⸻ but he doesn’t think anyone would believe him if he said such a thing aloud. Even as he holds himself back, Puck finds his own strength & ability terrifying. The way he seems to read the whole of the field in a mere blink, strategy pre-built without a thought. Like a machine. He hates it as much as he loves it, though he’ll never admit to the latter being true. 
Just as he intentionally steps heavier than he normally would in order not to scare, Puck dumbs himself down on purpose, in & out of combat. If Astarion knew what he could really do, he would not stand so close to him. None of them would.
Wasteful. Interesting. What kind of hungry creature prefers keeping their food alive ?Puck isn’t sure. It’s on the tip of his tongue, but he can’t think of the name. Such a concept is so foreign to him. The best part of a hunt is when the victim stops breathing, after all. Immediately, he winces at the thought, but being called pretty distracts him. Both their eyes flick to the other’s mouth, lingering a moment too long. Puck wonders what kind of lovely sounds will leave Astarion’s lips when he catches him by surprise, knife buried deep in his stomach.
Those thoughts never take a holiday, do they ?❝ Hm . . . I suppose it’s all right for me to admit I’ve always found you rather pretty too, then. If you think the same of me. ❞ More an attempt to drown out the voice in his head than to really compliment the other ⸻ though he does mean what he says, if the way his cheeks flush is any indication of that. 
Grin faltering at the last question, he bites the inside of his cheek. His eyebrows furrow. Again, his whole demeanor shifts, flirtation morphing back into nervous fidgeting. Making himself smaller. Stepping back ever-so-slightly.
❝ I don’t want to hurt you, Astarion. I like you, ❞ an earnestly spoken fact. Puck does not like to lie. It’s true that he doesn’t want to hurt the other man, that he likes him, but he doesn’t know whether or not he will try to hurt him anyway. He hopes he doesn’t. He thinks he’ll succeed if he does. 
Unsure of whether or not he should, Puck continues to talk, needing to say something to someone before he does something he’ll regret. ❝ I don’t know what it is, but there’s something wrong with me. I’m hungry all the time, and I think scary things . . . ❞ Scratches behind his ear as it twitches again. ❝ I thought- Well, I thought maybe, since you can also smell fear, that you might understand. ❞
The smile on his pale features falters for the briefest of moments, his silver tongue momentarily caught by the jarring dissonance between Puck’s soft smile and the dark, almost casual question hanging in the air. Are you going to try to kill me, Astarion? The words slither through his mind, unsettling not because of their content——he’s heard such accusations, even invitations, before——but because of the way Puck delivers them. It’s playful, but laced with an undercurrent of something far more dangerous, something primal. The smile, so innocent on the surface, sends a chill creeping down Astarion’s spine, like fingers of cold trailing against his skin. There’s a beast lurking beneath the man’s skin, of that much Astarion is now certain.
But Astarion does not retreat. No, he stays where he is, close enough to feel the warmth radiating off Puck’s towering form, his instincts screaming at him to pull away, to flee, but his curiosity outweighing his fear. Astarion tilts his head, the movement slow and deliberate, as if studying Puck anew, and his smile returns——this time a bit more forced, but practiced enough that it seems effortless.
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❛ You wound me, darling, ❜ he says, his voice light and teasing, though there’s a darkness lurking at the edges of his words now. ❛ Do I truly seem so murderous? ❜ He allows the question to linger for a moment, his gaze flicking over Puck’s features with a kind of predatory interest, though he’s careful to keep his tone playful. ❛ No, I’ve no interest in killing you. That would be… wasteful. ❜ His eyes gleam in the faint light, a flash of something sharper, more dangerous. He leans in just slightly, lowering his voice as though sharing a secret, though there’s nothing conspiratorial about his next words. ❛ And besides, ❜ he purrs, ❛ I do find you pretty. More than pretty, really. ❜ It isn’t a lie. Puck is, in his own unsettling way, captivating.
Astarion lets his gaze linger on Puck’s lips, his mind dancing between the lines of flirtation and something far darker. Hunters playing pretend, indeed. He knows this game too well——he’s played it for centuries, after all——but there’s a wildness in Puck that sets him on edge. Something feral that Astarion can’t quite place, and it stirs a mix of both fear and fascination deep within him. What is Puck, really? Is he truly unaware of the danger he poses, or has this all been some elaborate act? The thought gnaws at Astarion, but he pushes it aside for now, unwilling to risk upsetting the delicate balance between them.
❛ Though, ❜ he adds, his tone a touch more serious now, ❛ I’m beginning to wonder if it’s me who should be asking the same question. ❜ He quirks a brow, letting the faintest edge of danger slip into his otherwise coy smile.
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red-might-be-dead · 1 year ago
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vyncent sol blog simulator
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q
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hi guys its me, william, i made vynce a tumblr account so he can see my poems. wisp out. 🥀
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🗡️ vnycnyet224 follow reblogged
vyncent said he wanted to do the username though that wasnt me 🥀
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Foudn uyo.
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🗡️ vnycnyet224 follow reblogged
liked by dakotaiscoming
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poem #16627 - wolves again
~𝓶𝔂 𝓱𝓮𝓪𝓻𝓽 𝓲𝓼 𝓪 𝔀𝓲𝓵𝓽𝓮𝓭 𝓻𝓸𝓼𝓮 𝓶𝓪𝓭𝓮 𝓸𝓯 𝔀𝓸𝓵𝓯 𝓯𝓾𝓻 𝓪𝓷𝓭 𝓼𝓪𝓭𝓷𝓮𝓼𝓼 𝓲 𝓯𝓮𝓮𝓵 𝓵𝓲𝓴𝓮 𝓽𝓱𝓮𝓻𝓮 𝓪𝓻𝓮 𝓽𝔀𝓸 𝓽𝓱𝓲𝓷𝓰𝓼 𝓲𝓷𝓼𝓲𝓭𝓮 𝓸𝓯 𝓶𝓮 𝓽𝔀𝓸 𝔀𝓸𝓵𝓿𝓮𝓼 𝓪𝓷𝓭 𝓽𝓱𝓮𝔂 𝓪𝓻𝓮 𝓯𝓾𝓬𝓴𝓲𝓷𝓰 𝓬𝓱𝓸𝓸𝓼𝓮 𝓽𝓱𝓮 𝓹𝓪𝓽𝓱 𝓸𝓻 𝓫𝓮𝓬𝓸𝓶𝓮 𝓪𝓷𝓸𝓽𝓱𝓮𝓻 𝔀𝓲𝓵𝓽𝓮𝓭 𝔀𝓸𝓵𝓯 𝓻𝓸𝓼𝓮~
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Huh
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q
12 notes
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Aoes anoyne knwo how to fxi this.
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#Accident
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#Another one.
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🗡️ vnycnyet224 follow reblogged awesome-tide-epic-dad
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Yuo ever thinj about murder
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thats wrong vyncent 😢
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Tehy shoufl make murder elgal
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No.
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for me
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q
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🗡️ vnycnyet224 follow reblogged ashenimal-crossing-fan3
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hi again! its me, william, i took vyncent's phone off of him while he was sleeping, wanna ask me anything? 🥀
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[wanna talk about boys voice] is vyncent sleeping next to you 😳right 😳now 😳 omg are you stroking 😳 his 😳 hair 😳 and playing 😳 with 😳 his 😳 fingers 😳
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no more questions. wisp out. 🥀
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fyck not agina.
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3 notes
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🗡️ vnycnyet224 follow reblogged ashenimal-crossing-fan3
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i finally got that dumb fucking cat on my island. im not letting him leave. ever.
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youre mine. raymond.
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Who
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oh, to be as ignorant as you, you sweet summer child....
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Huh
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Gto a new knife.
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#Coolest
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🗡️ vnycnyet224 follow reblogged wispoet69
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q
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why do you keep posting the letter q? 🥀
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q
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