Hey Friends , Here’s your market update! Today, I’ll be covering the three major ETFs — SPY, QQQ, and IWM — and sharing key insights to help you prepare for 2025. To provide additional depth and context, I’ll also discuss three popular Twitter tickers: CVNA, MSTR, and TSLA, in a post or two later by December 28. Key Observations: VIX Behavior The recent VIX sell-off led to expectations of a continued decline, but instead, we’re seeing signs of a bottoming RSI — an early warning of potential turbulence ahead. This suggests a possible continuation of the violent correction we’ve seen recently. Today, the VIX flirted with completing a bear flag, which could have driven it lower. However, it fought back and rallied higher instead. Key Takeaways: • VIX remains at a critical inflection point. • Watch closely for signals of increased volatility going into early 2025. Trend Analysis: SPY ETF Over the last five months (since August 2nd lows), SPY formed a wedge pattern. However, last week’s sharp correction saw that wedge break down decisively. Bulls have since failed to reclaim the broken level, confirming a break-and-retest pattern of the wedge. Key Observations: • December 5th & 18th Triangle Patterns: These eerie formations preceded sharp corrections and signal continued market instability. • SPY’s inability to reclaim the wedge may indicate further downside pressure. Trend Analysis: QQQ ETF The QQQ chart mirrors SPY almost identically, showing how supposedly independent markets align during or after significant moves. This synchronicity raises concerns for those banking on diversification. Key Observations: • QQQ and SPY are moving in lockstep, signaling a lack of market independence. • Further alignment during corrections could amplify downside risks. Trend Analysis: IWM ETF Small caps are struggling. Even with “good news” — potential rate cuts and falling inflation — IWM has remained underperforming. Key Levels and Patterns: • Key Weekly Zone to Hold: $162-$245 base breakout area. • Cup and Handle Formation: While the base is forming, the handle has yet to develop. The $313 target is still in play but faces significant resistance. • Bearish EMA Crossover: Currently developing a 5 & 9 EMA death cross, which could signal further downside. Key Takeaway: IWM’s weakness suggests broader market hesitancy in risk-on assets, despite macro improvements. Stay Tuned Later today, I’ll share more detailed insights into CVNA, MSTR, and TSLA, breaking down their price action and what they might signal for 2025. If you found this useful, leave a like, comment, or reply with your thoughts or questions! Thanks for reading, Coi Lemard
I opened a BUY on EUR/MXN based on a solid multi-timeframe analysis. The entry price is 21.07455, with a target of 21.41824 (potential profit 1.48%) and a stop loss of 20.96655 (risk 0.66%). The risk/reward ratio of 2.23 convinced me to proceed. I analyzed the situation using not only the Alligator indicator, which highlights a well-defined bullish trend, but also the WaveTrend, which confirms a possible continuation of the upward movement. For greater security, I checked the higher timeframes (4H and 1D), and these also strengthen my trading idea: the price seems to respect a long-term bullish pattern. This setup gives me confidence because it combines a well-calculated entry with limited risk and confirmation on multiple timeframes. Now it only remains to follow the market and see if my analysis will be rewarded.
On a phone call the day after Christmas, someone asked me what I thought about Walmart as a stock to buy for someone as a Christmas gift. After reviewing the chart and seeing the inflationary deviation upward, from it's normal upward and healthy bullish trend that looks like a rocket launch, upward at high rates of speed through the top of the bullish trend channel, i said this would not be the time to buy. Just because something reaches new all time highs, does not mean it won't go higher. That factor is really irrelevant because the bearish monthly wick says it all. It's time for a pullback. What the federal reserve says and does it very relevant to this particular stock being discussed. Changes in the inflationary forecast matter. These are the very changes that caused the bullish distortion in price, and when they re-adjust, so to will the price. It's very clear a pullback is due and now we will watch the market determine what it thinks the new fair price of Walmart to be in this new "lesser inflation" economy. So to answer the question, now was not the time to buy but when (and if) the pullback is healthy and resumes it's normal upward trend in the long term trend channel I'd back up the truck and pull the trigger if it met all of my BUY criteria in the technicals. For now, this is not the exact time to be buying. It's time to be watching what price does at former support and resistance levels for signs of a healthier return. This chart was made quickly and not with much thought put into the artistic visuals, but many of you already know what I mean. As soon as you see that teetering top, you know a tumble is here. Today, I got a call of thanks, as they watched the claw back in price begin. It was not investment advice, just pattern recognition opinion. (lol)
Arguments - high volume on a dodgi - high open interest - good place for enter
hello friends Considering the downward trend of this currency and the failure of our pattern and pullback to it, we now expect to fall within the specified range. Be sure to observe capital management. Be successful and profitable.
this the future move of ethusdt by price action analysis
At the beginning of the trading session on December 26 (US time), the world gold price increased slightly after the US announced that the number of weekly unemployment benefit applications reached 219,000, a slight increase compared to the forecast of 218,000 applications. This further strengthens the possibility that the US Federal Reserve (Fed) will delay monetary policy next year. The world gold market is still under pressure in the context of the Fed's reversal of monetary policy. Accordingly, in the context of "persistent" inflation, the US Central Bank's interest rate cut roadmap may slow down next year. While the interest rate stance is boosting the dollar and bond yields, experts say that won’t deter investors from owning gold in their portfolios. Tom Bruce, macro strategist at Tanglewood Total Wealth Management, forecasts the precious metal will rise about 10% next year and stay below $3,000 an ounce. He said the biggest short-term challenge for gold in 2025 is the expected strong growth in the U.S. economy. However, gold prices will remain supported as central bank purchases create new momentum in the market.
https://www.tradingview.com/x/4sTVFsLF/ The Chainlink head-and-shoulders pattern is preparing to target an area of 11-12. The entire market is aiming for levels seen before the election.
French authorities are ramping up efforts to combat a rising wave of financial scams that defrauded victims of hundreds of millions of euros annually.
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