Debt as Robert Kiyosaki said can be a double edge sword. On a consumer level, if you have outstanding loan , say credit card debts , it is 24% per annum and paying the minimum would be disastrous. However, on a national level, the government has several tools to play around to minimise their debts. Thus far, I have not heard of any countries that are debt free. It seems as the economy gets better, the more debts the countries got itself into. The government debt for US is already in trillions and I believe Trump would be printing money soon! And the irony is with more US dollars floating in the market, should its currency not come tumbling down? After the Financial Crisis in 2009, the US dollar has never been stronger , riding on more than a decade of uptrend move. We must not forget the fact that the US dollars remain a "safe haven" asset to many and when inflation hits US, this would be an asset class that is going to be snap up by the institutions. Consumers in US would be paying higher price with the tariffs that other countries are imposing to counteract Trump's tariffs. Feds want to bring the inflation rate to 2% and at current rate of 2.89, it has quite a journey to travel. So , if the inflation rates continues to climb from 2.89, then the Feds will be force to increase its interest rates once more to cool down the economy. Very simple right ? With higher interest rates, consumers would want to hold more cash at bank to earn the interest and spend less, thus lowering the demand of goods and services and making the suppliers/sellers to reduce their price and thus lower inflation. Let's watch and see over the next few months on how the dollars performance will turn out .
Executed today got SHARES at 109 and SOLD the 100 Puts POPPED BACK TO 112 STARTED LIGHT! I WAITED so long to get below 110 for this MONTHLY 618 Fibonacci to act like a MAGNET NEXT I am looking leaps and will alert here just DROP A LIKE! LETS GET IT!
+euro is expected to be more affected by tariffs than the pound +seasonality -The euro has already priced in many bad news *mixed data
#ADB 6.2.2025 ep - 1.23 sl - 1.12 (8.94%) tp - 1.35 (9.76%) RRR - 1X
#GENETEC 6.2.2025 ep - 1.57 sl - 1.45 (7.64%) tp - 1.75 (11.46%) RRR - 1.5X
SP:SPX Review of Today’s trading range 30min 35EMA stayed bearish underneath the 30min 200MA. That is a bearish signal even though we had a green day. I’m telling you, it’s a weird signal but it works often. We closed bearish here. BUT, we still have a green signal line on this timeframe but just watch out because 35EMA under the 30min 200 is trouble. My Position, which I posted in this mornings SPX trading range postm, closed up 30.23%
Background: PSY (Preliminary Supply)- is an area where substantial selling begins to resist the market after a long upward move. Bitcoin 106K BC ( Buying Climax) - a bar where the climax of buying pressure usually occurs. This is the bar with the widest spread compared to the previous ones and with extremely high volume and indicates that the power of buying is depleted and in this price zone the buying crowds are absorbed by the big professional players in the price range at the very top of the market. Bitcoin 108K ARn (Automatic Reaction) - An automatic reaction occurs after a buying climax. Bitcoin 92K ST (Secondary Test(s)) - professional players do secondary test of the Buying Climax (BC) zone in order to test the balance of supply and demand at these price levels. Bitcoin 109K tested the high of the (BC) Ice (Secondary Support)- an analogue of a wavy support line drawn along the lows of the reaction within the trading flat itself. Bitcoin 91K SOW (Signs of Weakness) - Downward movement on a good rising spread and volume. The offer shows its dominance. Bitcoin 89K UTAD (Upthrust After Distribution)Bitcoin 102K & 105K Now: LPSY (Last Point of Supply) - A pullback to resistance that was support on falling spread and volume after a sign of weakness. Bitcoin 103K Future: The phase in which supply exceeds demand is a downtrend. Bitcoin 85K
Potential 4 Bar Pattern setting up if unable to break 5000 today Golden Pocket is Resistance as well as psych price Point.
Analysts are saying the following about WTI crude NYMEX:MCL1! , "Additionally after the overnight sell-off and the Saudi news, there is likely to be some buying from traders covering shorts ahead of a strong band of support in the $70/68 region". Fib retracements seem to support this analysis. https://www.tradingview.com/x/SzFL2J9g/
It has gone back almost to square one, and as unexpected as it is, it does not change the overall view. The expected overall move is correction back towards 20,900 to remove the ovebrought state it is in. we are trading above regression channel and almost in most cases this will not last. Strategy SELL @ 21,550-21,700 (and beyond) and take profit near 21,950 for now.