The end of the US stock market is nearing | Page 45 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

How close does a stock CFD match the underlying stock? 3 replies

How does the stock market affect the forex market? 4 replies

US stock market earnings results impact the Forex market 0 replies

The FX Market, the Stock Market and the end of QE2 3 replies

Will pound break 1.92? Gbp nearing it's Psyche resistance 1.92 3 replies

Attachments: The end of the US stock market is nearing
Exit Attachments

The end of the US stock market is nearing

  • #881
  • Mar 4, 2020 3:46am Mar 4, 2020 3:46am
I find this channel on the EUR/USD being quite significant...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 132 KB
  • #882
  • Mar 4, 2020 4:43am Mar 4, 2020 4:43am
do you think that the EUR could go as high as 1.49 to 1.5 against the usd ? Using a line chart I see it as a falling wedge. The most recent smaller channel / wedge broken to the up side also.
  • #883
  • Mar 4, 2020 5:49pm Mar 4, 2020 5:49pm
What do you think about buying EUR/GBP today? With possible rate cut coming soon from BoE
  • #884
  • Mar 7, 2020 11:05pm Mar 7, 2020 11:05pm
The end of the US stock market is nearing

....it is looking increasingly likely....watch from 13:36 (https://youtu.be/3etuaYTDwFI?t=816)
  • #885
  • Mar 8, 2020 8:50am Mar 8, 2020 8:50am
Quoting PeterE
The end of the US stock market is nearing ....it is looking increasingly likely....watch from 13:36 (https://youtu.be/3etuaYTDwFI?t=816)
Truly scare mongering really.
All this panic is only for 2-3 weeks at the most. The moment this falls off media's radar the panic goes away.
By Easter weekend when the days are longer and weather getting better this thing will go away.
The problem is the panic that it is causing at the moment. Someone having normal flu is panicking and hassling to get tested.

Once this is declared pandemic; this will drop off everyone's radar!
  • #886
  • Mar 8, 2020 9:11am Mar 8, 2020 9:11am
Quoting PeterE
The end of the US stock market is nearing ....it is looking increasingly likely....watch from 13:36 (https://youtu.be/3etuaYTDwFI?t=816)
I just wonder to where all the market bulls have disappeared by now from this very thread?...
  • #887
  • Mar 8, 2020 9:21am Mar 8, 2020 9:21am
Quoting Forex.RayV1
{quote} Truly scare mongering really. All this panic is only for 2-3 weeks at the most. The moment this falls off media's radar the panic goes away. By Easter weekend when the days are longer and weather getting better this thing will go away. The problem is the panic that it is causing at the moment. Someone having normal flu is panicking and hassling to get tested. Once this is declared pandemic; this will drop off everyone's radar!

if no virus it would've been something else... doesn't matter... obviously in regards to the markets it was and is inevitable...
  • #888
  • Mar 8, 2020 9:22am Mar 8, 2020 9:22am
Quoting Hetal.Mehta
What do you think about buying EUR/GBP today? With possible rate cut coming soon from BoE
I don't read news and expectation... have nothing to say about someones rate cut cause don't follow this stuff...
  • #889
  • Mar 8, 2020 11:42am Mar 8, 2020 11:42am
Quoting Igrok
{quote} I just wonder to where all the market bulls have disappeared by now from this very thread?...
I think they're on your ignore list. But I remain bullish. Have been for my entire investing life. Every correction or even during recession I've bought and bought and bought. It's just the nature of equity markets in a capitalistic society.
Freedom is not free
  • #890
  • Mar 8, 2020 3:02pm Mar 8, 2020 3:02pm
Good day Igor,
Revisiting some charts here USJPY is at 104-05 level which have been protected for a while but 4th approach is making it vulnerable to brake and opening a way to 100 and lower to 76
GBPCHF also looks interesting being on the way to 1.16 for the 5th time but how deep will be the fallow through
USDCHF out of the channel and targeting 0.80

In any case MMY on EURO,CHF and Yen has changed against the buck just GBP is still lagging.
Your opinion on the current currency market situation will be appreciated. Thank you
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPY.PNG Size: 128 KB
Click to Enlarge Name: GBPCHF.PNG Size: 97 KB
Click to Enlarge Name: USDCHF.PNG Size: 112 KB
  • #891
  • Edited 3:28pm Mar 8, 2020 3:17pm | Edited 3:28pm
Quoting Forex.RayV1
{quote} Truly scare mongering really. All this panic is only for 2-3 weeks at the most.
No, it is simple maths and logic (https://www.youtube.com/watch?v=3etuaYTDwFI&feature=youtu.be&t=816).

Those governments who have failed to test and contain covid19 spread from the outset, eg US Gov (https://www.politico.com/news/2020/03/07/trump-coronavirus-management-style-123465), will see rapid national spread of the virus. Subsequently the hospital system is inevitably overwhelmed. This will have significant implications for the economy and markets.

Compare this to the actions of the Singapore Gov. Immediately they began testing and containing virus spread. Skillful management and virus impact is greatly reduced.

The chart at 11:15 (https://youtu.be/3etuaYTDwFI?t=675) nicely illustrates the difference between those gov’s that skillfully manage virus spread (eg Singapore) and those that don’t (eg US).

Come May/June I expect a SHTF type scenario in the US.
  • #892
  • Mar 8, 2020 4:11pm Mar 8, 2020 4:11pm
Let me say up front: I’m not trying to scare anyone. $VIX 54 shock on Friday says people are already scared. My mantra remains: Keep calm (https://northmantrader.com/2020/03/05/keep-calm/).....What’s the $VIX really saying here? That the Fed and every central bank on the planet are at high risk of losing total control over these markets in which case $VIX could go to 90 and $SPX could ultimate drop to 1800-2000. That’s not hyperbole, that’s what the charts say...link (https://northmantrader.com/2020/03/08/vix-shock/)
  • #893
  • Edited 5:32pm Mar 8, 2020 5:19pm | Edited 5:32pm
Quoting Abe16
{quote} I think they're on your ignore list. But I remain bullish. Have been for my entire investing life. Every correction or even during recession I've bought and bought and bought. It's just the nature of equity markets in a capitalistic society.
1. most likely you're right... I did indeed put three of those the most stupid and the least respectful ones on the ignore list...
2. your buying trading strategy perhaps makes sense for a short while... it's because even from my perspective some relatively sizable correction of the current down trend is inevitable as well... I have already posted those charts long time ago and all of them do assume some corrections on the long way down...
3. however the levels for taking those long positions have to be chosen quite cautiously... the fact is that even in a capitalistic society the laws of nature cannot be somehow defined or ignored... pretty much like the laws of physics... in our particular case in consideration the main idea is that every trend has to have a correction and the shortest one must be equal at least to the 38.2% Fibo level... and this has to happen for each and every trend ever existed... according to this rule the shortest correction from the lows of 2009 on the US stock indices is targeting the levels way below current ones... however even the entire historical uptrend trend itself starting from the lows of 1929 has to be corrected in accordance with the same estimate... and once again it brings our estimated projection back to the inevitable 18000-18300 level on the DJIA chart...
  • #894
  • Mar 8, 2020 5:26pm Mar 8, 2020 5:26pm
Quoting Argo
Good day Igor, Revisiting some charts here USJPY is at 104-05 level which have been protected for a while but 4th approach is making it vulnerable to brake and opening a way to 100 and lower to 76 GBPCHF also looks interesting being on the way to 1.16 for the 5th time but how deep will be the fallow through USDCHF out of the channel and targeting 0.80 In any case MMY on EURO,CHF and Yen has changed against the buck just GBP is still lagging. Your opinion on the current currency market situation will be appreciated. Thank you {image} {image} {image}...
USD is now certainly in the down trend because DXY has changed its MMY... shorting the buck has become a preferable strategy since that very moment... I have quite similar projections to those of yours...
  • #895
  • Mar 8, 2020 5:43pm Mar 8, 2020 5:43pm
S&P futures continue going down the drain...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 97 KB
  • #896
  • Mar 8, 2020 5:54pm Mar 8, 2020 5:54pm
not a good open for the bulls on S&P....but it hasnt closed yet, so we will see
Attached Image (click to enlarge)
Click to Enlarge Name: 09.03.2020_08.49.50_REC.png Size: 52 KB
  • #897
  • Mar 8, 2020 6:36pm Mar 8, 2020 6:36pm
this rising supportive trendline (painted blue on the chart) remains the most legit immediate target (and perhaps even intermediate technical support) for S&P... though will also be broken over time no matter what...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 110 KB
  • #898
  • Mar 8, 2020 7:08pm Mar 8, 2020 7:08pm
start buying
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 09.03.2020_10.02.14_REC.png Size: 34 KB
Click to Enlarge Name: 09.03.2020_10.07.03_REC.png Size: 127 KB
  • #899
  • Mar 8, 2020 7:38pm Mar 8, 2020 7:38pm
everything but honor has been lost...
  • #900
  • Mar 8, 2020 9:31pm Mar 8, 2020 9:31pm
Quoting PeterE
start buying {image} {image}
Circuit breaker again! Triggered second time for the day. No one is buying! no buying! This is going to be one crazy move!
2 traders viewing now