illuminating_trade

illuminating_trade Updated 

spx supposed to go upper more but a lot of data shows that inflation will hold the interest rate high for a long. This will effect the market to go back where it came from. I see some massive decline since it used much of power to be bullish. Bearish trend will be created soon.

illuminating_trade Updated 

S&P 500 bounced back on friday. Market volume looked like traders are ready to buy back for 2 weeks. This is very short term target for long. Approx 6-8% higher from now on . Check the target’s chart above.

illuminating_trade Updated 

massive volume showed 2days I see some reasonable breakup take profit around 2500

illuminating_trade Updated 

tention in middle east is aggresively getting stronger. unfortunately monthly candle became very stable to keep the price high. most of commodities and equitites went all time high. So does oil will go for alltime high level of 200 dollar target in end of this year.

illuminating_trade Updated 

I will change the dollar's bearish stage to bullish stage. I see some potential conflict between south korea and north korea , also china vs taiwan since the new president of china is elected now. dollar target is fibonacci's top which is 140.

illuminating_trade Updated 

Looks like finally usoil formed double top with reasonable peak pattern. I see some upcoming deflation in our economy globally. Chart shows weakness also.

illuminating_trade Updated 

the line drew that is the target to short the gold index. March to May you could see some major bear run to all commodities

illuminating_trade Updated 

There are 5 steps in minsky momentum displacement boom euphoria profit taking and panic. I personally belive that we are in the euphoria stage. Some traders would analyze as this is the big step for the biggest bullish momentum but if you watch money supply and interest rate and also china's economy. There are no clue to be go higher high. I do have...

illuminating_trade Updated 

looks like wti formed short term bottom line. technically it can go up further to 82-86 around. we can take profit near 82 slowly.

illuminating_trade Updated 

recently I was very much bullish on gold etf and I made good profit. I sold all gold commodity today and I wish to short the gold now. weekly candle is showing the strong bearish sign. This could crash the price of gold.

illuminating_trade Updated 

let's forget about current situation and circumstance of economy here. All pals are worry too much about economy. we all know that there will be recession in near term. But market tends to go opposite. chart looks strong and I personally apple's winning earning will obtained by spring. Let's hold apple until it shows the new high in march.

illuminating_trade Updated 

microsoft is doing good with gamepass and chat gpt also. This bad boy is about to blow to 315 soon> I see some exciting pattern from the chart. Looks like earning will be nice also.

illuminating_trade Updated 

A lot of investors are getting optimistic view thesedays. I have to admit that my short position was wrong early this year. Traders must be very specific and fluctuated. However, even if the btc went up dramatically the macd and rsi are pointing out that market down turn hasn't over yet. My previous target was 12000 for btc but I will lower to 3500 from...

illuminating_trade Updated 

I analyzed s&P500 index today but it includes all of global markets. dollar index's power is gaining strongly. Biden's economic strategy with china seems not working well and USA and China's bond are too tight since 2008 financial crisis. the second possible Lehman brother's crash is on the way. I don't know which banks will lead the crash but this time it...

illuminating_trade Updated 

I see very much potential warning alert signal of 4 major currencies of the world. 4 major currencies that I am concerning are Dollar Japanese yen Euro & British Pound. I was seeing major upgrade of dollar index and stronger dollar but after I hearing Fed's seminar last week and analyzed quadrople charts of yen euro dollar gbp and my decision to made to short...

illuminating_trade Updated 

fear and greed index shows that we are in the extreme greed phase. Powell is still fond of raising interest rate again in september probably. This raising phase could create some deflation secenario/ dollar is very supportive around 100 to 101 area. I am forecasting another strong dollar section would come soon.

illuminating_trade Updated 

wti us oil is bullish. I was thinking about the head and shoulder pattern but I miscaculated. It didn't make the perfect H&S pattern yet!!! How? okay...so the inflation is rising currently due to chinese re-opening. This is awesome for the oil demand. Let's catch this bull trend for short term for now. My target is until 88 dollar.

illuminating_trade Updated 

I see some more upside for 31k with btc trading range. I think this bullish will be the great fake for all traders. It will probably make move looks like the Bear cycle is over but when I see a MACD. It always tells that 14k is much possible. I will consider short btc around 31k. I won't buy btc for now. I would rather wait to short this bad boy. Enjoy...