Same as every year.... Issues: Election 4. Nov. 2020, Q3-Q4 earnings 2020 30. Okt 2020. Technical: Overpricing RSI, MFI etc H1-H4 Targets: 11.102, 10.231. Drop soon possible.
Election date: NOV. 04. 2020 Analysis: Possiblie vola of nearly 10% Expactation: (Personal) 1) T win -> ATH 2) Joe Biden win -> Drop 3) Fight against election result -> Huge Drop Technicals: MFI, RSI, MACD, SMA (DIvergences!) Fundamentals: Economy is still down. Gain on ongiong stimulus hopes. Highes infection rate Covid ever. No vaccinde yet. Germany...
Indicators for bubble flling: - MACD - RSI - VIX - Ratio 1:10 to revenue Q3 (Example TSLA) - FED Target end of the year 2020 -> 10.030 Nasdaq.
Notghing to sa to the 1:10 overvalued market cap of Tesla. Estimate Q2: 0.009 Estimate O3: 2.68 !!! Indication: USGDP -38%, jobless still gaining. I fear a massive fail of FANG estimates in Q3 at highest bubble parabolic levels!
Indicators: RSI D1 -> World Record SMA200 D1 distance -> World Record Bollinger Monthly -> World Record ______________________________ Conclusion Dot.Com 2.0 bubble is real
US100 futures are ready: RSI D1 -> World Record SMA200 D1 distance -> World Record Bollinger Monthly -> World Record ______________________________ Conclusion Dot.Com 2.0 bubble is real Reals Nasdaq RSI divergence target near 10.000!
Keep it simple, it will not pass.
From Yellon over Greenspan to Powel. Watch the Incredible market manipulation.
We now face nearly the same patterns in NASDAQ like 1999. NASDAQ today? - Overbounght -> Bollinger break monthly, RSI, MACD (example: one single TSLA share equals to a 334.000$ Tesla Car average selling price). - Megaphone pattern. - FED zero Intrest. - Stock splits. - Real economy can't do a V-recovery
Will history repeat like 1999? Watch out my NASDAQ analysis for informations.
Watch ponzi growing every day :D Endless ponzi. Don't fight the Lemmings :D
The TSLA dayl. infection rate is alsmot increasing again. We are actually in the second TSLA infection wave. We still have no vaccine against TSLA yet!
77% in few months - Its getting time... Watch the cart, we have some nice simmilaritys.
Here a nice comparism between 1999 and 2020. Most overpriced stocks: 1.) Tesla -> 145%/3/months 2.) Apple -> 48%/3/months 3.) Amazon -> 32%/3/months 4.) Facebook -> 17%/3/months 5.) Microsoft -> 16%/3/months 6.) Alphabet -> 12%/3/months Most impress. indicators: 1.) Mommentum 2.) MACD 3.) RSI 4.) DXY 5.) Unemployment US 6.) Stock...
In this example it's nice to see how markets actually work. Every single dip is fast coverd by algorithmic trade engiens. Target is to move market almost higer even only few points. This leads to high dangeruous market conditions! If main algorithms/blackboxes decide to switch, market could melt down.