Bullish Eyes on New Year 2021!
While many peoples’ look back at 2020 draws a “good riddance” farewell, the stock market in general performed brilliantly up to and including all time record closing prices on the …
Gold is on the Verge of Breakout
Let’s use the Gold ETF to study the pattern of gold. Gold has been forming a big bottom since the 2012 crash. The formation of the bottom began in 2013, …
Small W Bottom in Dow Jones
As I mentioned in the last week, the stock market was at a critical point. Now we see Dow Jones had a small W-bottom, and it bounced back. From the …
Where is China’s President Xi Jinping?
In the current trade war between China and the United States, we have seen U.S.’s President Trump speaking and tweeting every single day. However, China’s President Xi Jinping keeps silent. …
Critical Point
The market is at a critical point. The weekly chart of S&P 500 already showed a flag, precisely a bear flag. While the market is moving down, it encounters a …
Winner of the Second Round Trade War is China
As I predicted in The winner of the first round of trade wars is the United States, China announced its retaliation plan today. I also accurately predicted that the retaliation will include …
Market Will Pause a Bit
As warned on March 19, 2018, S&P 500 formed an M head. Then, the market paused for 2 days, followed by plummeting again for another 2 days. However, S&P 500 …
M Head in S&P 500
The chart explains itself. S&P 500 forms an M head. Further, the most recent top forms an isolated portion, which signals an island reversal. When we connect the lows in …
Wave of Bankruptcies
Toys R Us used to be a wonderland for many kids. Unfortunately, it went bankrupt. Since the 2008 financial crisis, we have seen failures in top retail stores: Circuit City, …
Knowing Where to Stop is Our Best Friend
When we do trading or investment, knowing where to stop is important. The “stop” in this context means a “stop loss” or a “stop win”. Making a trade should know …
Winner of The First Round of Trade Wars is the United States
Many people think stock markets as a proxy for economy. Since Trump announced the tariffs on aluminum and steel imports, S&P 500 has bounced up about 5%. That means, investors …
Short-Term Bullish?
During the past week, the U.S. stock market was bouncing back, leading to a confirmed triangle. Today the market breaks out the triangle. The breakout implies a short-term bullish trend.However, …
Fight with China by IP wars
In the past two days we have introduced how Trump is fighting with China (see Fight with China by tax cuts and trade wars, and Fight with China by depreciating US …
Fight with China by Depreciating US dollar
One of our previous articles addresses how to Fight with China by tax cuts and trade wars. To combat with China, Trump involves multiple schemes, one of which is based on …
Fight with China by Tax Cuts and Trade Wars
After Trump took over the U.S. administration, within about 1 year he has implemented two major policies: tax cuts and trade wars. These two actions are not random. They are …