CME Update: 06.11.2024image
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.
CME Update: 06.11.2024
BTC Trigger Situationimage
BTC Trigger Situation
Die Situation wird sich vermutlich an der Signallinie des untergeordneten Wolfes entscheiden.Prallen wir untergeordnet ab, so ist mit einem zügigen anstieg bis zum Rebound 127 (gelb) zu rechnen. Kommen wir durch die Signalinie durch, so ist mit einem Rücksetzer nach der grauen ABCD Projektion auszugehen. More read here
BTC Trigger Situation
Special Topic China Stocks
After the Chinese indices were in a downtrend for a long time, the Chinese dragon has awakened with a "bang." The interest rate cut and various investment programs by the Chinese central bank and government organizations for real estate and stocks are reminiscent of Alan Greenspan, who started to officially intervene in the financial markets after Lehman.In my view, the Chinese are not dogmatic and are quite willing to import successful models. The use of one's currency and printing money to strengthen the country is more than common in the West, so why not in China? I consider this trend reversal to be sustainable, even if I expect a certain pullback after this impulsive breakout. I'm not alone in this view, as this article about a US hedge fund manager also indicates: https://lnkd.in/dwsf9ravDespite the euphoria, it’s important to note that political risks from tensions between China and the USA still exist. Therefore, my position in Chinese stocks will never exceed the 10% mark of my portfolio unless it’s driven by price gains. The chart shows that investors have followed this breakout, investing in major Chinese ETFs (such as the Krane Internet Stocks ETF). Among them are likely some hedge funds that were caught off guard and now have to cover their short positions.My focus is on large Chinese companies and European firms with significant stakes in Chinese companies. My scenario is that the second gap will close, offering another buying opportunity. The first gap, in my view, will remain open as a "runaway gap."
Special Topic China Stocks
New Sectors aheadimage
New Sectors ahead
Important figures for my portfolio are due this week, some second-tier tech stocks (chip & AI stocks), which have outperformed the market in recent weeks, will show whether this part of my portfolio remains invested. The relative strength of technology stocks (especially Big Tech) means that they are no longer investments. What is exciting is the utilities sector, which has not shown any signs of life for a long time, but is apparently being rediscovered by the major analyst firms, with Goldman Sachs publishing two detailed studies with the following headlines:- "Electrify Now: Powering Up Europe: AI, Datacenters, and Electrification to Drivec. 40% Growth in Electricity Consumption"- "Generational Growth: AI, Data Centers and the Coming US Power Demand Surge"At its core, this is about the energy requirements of the AI trend, so it's no surprise that some utility stocks have made it onto my watchlist. In addition to the increased growth prospects, they currently offer low valuations and, in some cases, attractive dividends. It's not just chart technicians who are taking advantage of this. This example is another wonderful example of the "power" of technical analysis, which picks up on the first signs of new sector trends a few weeks before the analysts' studies are published.If you want to know more about the analyses, just write a comment, if you are interested I will add a new article.#charting #KI #coaching #supervision #wealthmanagement
New Sectors ahead
Honeywell International Inc (HON)image
Honeywell International Inc (HON)
Looking at the 4h Chart we can see an ABCD Pattern whose Pattern Point D represents a Liquidity run. You'll also notice a RSI Divergence highlighted on the chart. We're almost at Target 2 but there's more downside potential.
Honeywell International Inc (HON)
Bitcoinimage
Bitcoin
Euphoria and extreme fear alternate weekly with Bitcoin. However, my main scenario remains that the short-term uptrend will still be reached at around 47,000 U.S. dollars. At this level, I will build a position, possibly also in particularly heavily sold Bitcoin alternatives. After that, I expect another breakout attempt in the region of 73,000 U.S. dollars. Will it happen like this? I don't know, but in such volatile markets, I need a clear scenario that I derive from chart analysis and existing trends. This way, I can enter the next trading week relaxed, because I have a roadmap in this wild "crypto world".
Bitcoin
MOCA Strategy.image
MOCA Strategy.
I feel very good focusing only on one Token, in this case, MOCA. This allows me to follow my Accumulation and Sales Technique in detail, without losing sight and also, to reduce risk as much as possible.
MOCA Strategy.
NBIS: The Phoenix from Yandeximage
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.
NBIS: The Phoenix from Yandex
Understanding Multiple Time Frame Analysis with METAimage
Understanding Multiple Time Frame Analysis with META
If you went through a couple of Mustermanns and my Educational Ideas or have general knowledge of Harmonic Patterns & Formations, this idea is for you. You'll get a better understanding of how the patterns are connected and how you can use them in combination with Multiple Time Frame Analysis to create a bias/opinion of where price could go.
Understanding Multiple Time Frame Analysis with META