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) 

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) 

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

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.

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

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.

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.

Are you interested in the latest developments in financial markets, the dynamics of precious metals like gold or silver, and movements in the crypto market? Then my newsletter is just what you need!

Pessimism around Chinese stocks is high. Naturally, I’m not a fan of a capitalist stock market within a communist system, especially considering how Russian ADRs became nearly worthless for regular investors. I see similar risks with Chinese stocks, particularly in the event of conflicts between China and the U.S. in the Pacific. That's why I will limit my exposure to Chinese stocks to 10% of my portfolio.

Last week, it was just a hint, but this week the downtrend has been broken, and the year-end rally seems ready to take off. If this upward move continues next week and Bitcoin sustainably breaks the 70,000 US dollar level, I believe the path to the psychological milestone of 100,000 US dollars is clear. If this happens, I will increase my cryptocurrency investments to 100% and also start considering stocks related to cryptocurrencies for my investment strategy.

The U.S. election will take place on Tuesday, November 5, 2024, and the S&P 500 clearly seems determined to reach the 6,000 mark before the election. From my perspective, the election outcome is less important than the process of declaring a winner. The market dislikes uncertainty, and the depth of any post-election correction will depend on how quickly a winner is confirmed. Trump currently leads in the polls, and his campaign promises suggest he would likely continue driving the markets, given his plan to spend roughly four times as much as Harris.