https://www.youtube.com/watch?v=8VqUwW81jkA&ab_channel=AmegaFinance Price action on the SPX500 indicates markets are still in correction mode. Bears have retaken control following a break below the most recent swing low. But it is often the case that
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https://www.youtube.com/watch?v=lUdIUiCir2k&t=74s&ab_channel=AmegaFinance SPX500 continues to descend on Tuesday, down over 3% at the time of writing. Can this still be a wave (2) correction, or are we in for a fresh low now? Critical
Back to normal? Oil might take a beating Uncertainty surrounding geopolitical tensions at Europe's doorstep appeared averting early in the week. It seems the latest diplomatic efforts spearheaded by France's Macron started to
https://www.youtube.com/watch?v=6dQ71ua6AkA&ab_channel=AmegaFinance The SPX lost 2% of its value yesterday but did not mark a correction low yet. It seems prices might turn somewhat sideways now as conversing impulses hint at correction. Can the
https://www.youtube.com/watch?v=1J4bGWJubHA&ab_channel=AmegaFinance EURO closed Wednesday 0.50% higher and added another 0.20% on its gains intraday against the DOLLAR. With five waves competing the downside leg, it seems we are now correcting before continuing lower.
https://www.youtube.com/watch?v=z_gEpcxFKnE&ab_channel=AmegaFinance Euro has completed the 5th wave up and closed the flat scenario with a high of $1.1497 against the dollar. Down 1.30% since the top, can we see a 5-wave leg printed
https://www.youtube.com/watch?v=L_CywOKsN7A&ab_channel=AmegaFinance The SPX500 plummeted nearly 3% since Thursday's CPI release but remains largely 'flat'. Having bounced at 38% Fibo already intraday, it could be in for a reversal soon as it abides by
https://www.youtube.com/watch?v=-uvuZfSkzOQ&ab_channel=AmegaFinance The SPX remains in consolidation ahead of the CPI release on Thursday, but it's biased up. Having closed 0.80% higher on the day yesterday, sentiment could improve. However, an intraday drop would
And the EU crisis continues… The ECB signaled rate hikes to everyone's surprise last week, citing inflation from higher energy costs. If the energy crisis escalates on the back of increasing tensions between
https://www.youtube.com/watch?v=uT2b_SExm_Y&ab_channel=AmegaFinance EURO soared an incredible ~2% against DOLLAR since yesterday. Following a hawkish shift from the #CB, price action has reversed course and made a flat pattern the main scenario in primary wave
