DAX 40 and CAC 40 Technical Outlook: In Face-off with Resistance
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10/06/21 10:53
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Here's the next set of TIME CYCLES - I've had these dates on my charts since 2015 ish Please note this is just to show you that the markets are not random and we can TIME them - the AIM of this thread is to SHOW you that dates calculated years in advance can be significant These Time Cycles are not all of them, just the ones I wanted to show you, which are the INTERNAL cycles of a bigger Time Cycle - some will hit and some won't - REMEMBER, lots of active cycles are ALL operating at the same time Notice that there's not a TC for the 2022 high - the reason is that there was one, it's just not part of this series of TC's I'm showing you - Then when we look backwards in 2034, you'll be able to see market price action around the dates and you will KNOW these are not random dates thrown on a chart in the hope of hitting - because If you are ignore the latter dates (not yet shown) in the cycle, then you will come a cropper and when Investments are concerned that will mean LOSING lots of your money I'm still using the screenshot taken in Oct 2020 - Once we complete 2025, I'll update the chart with price data and take a screen shot from then on for the next cycles The THICK BLACK line is the mid-point of the cycle, which in the grand scheme of things "should / is expected to be" a significant LOW point when viewed back in time from 2034! - It WILL NOT be a major low, so don't expect a humungous price crash to it, it will NOT be how you are imagining it in your head right now Notice that most of those cycles are "LINKED" that's because they are the same cycle which repeats THT -
Non-farm payrolls in focus for Fed’s next move In the US, the focus is on non-farm payrolls for the month of November, due at 1.30pm (UK) today. Angela Barnes | Financial presenter/producer, London | Publication date: Friday 08 December 2023 10:52 For a few weeks now, the market has been trying to figure out how soon the US Federal Reserve will start cutting interest rates. IGTV’s Angela Barnes has the latest. The US Federal Reserve's decision The big thing that traders are looking out for is the release of the non-farm payrolls report for November in the US. This report will give us a good idea of how many jobs were added or lost and could affect the US Federal Reserve's decision on interest rates. Right now, there's a tool called CME FedWatch that predicts a 90% chance of a rate cut by May 2024 and a 60% chance of a cut at the March meeting. So, if the report shows that not a lot of jobs were added, the chances of a rate cut happening sooner rather than later might go up. The JOLTs report There are a couple of other reports that are giving us some clues. One is the JOLTs report, which showed that job openings decreased a lot and reached the lowest level since March 2021. Another is the ADP survey, which found that private businesses hired 103,000 workers in November, which was less than expected. These reports are making traders pay more attention to the non-farm payrolls data. People are really interested in the non-farm payrolls report, and you can see that because the price of the US dollar has gone up a little bit. The experts have different ideas about what the report will say. Some think around 100,000 to 275,000 jobs were added, but the average guess is around 180,000. This would be better than October, when 150,000 jobs were added. But keep in mind that around 30,000 workers had come back to work after being on strike. They think the unemployment rate will stay the same at 3.9%, which is the highest it's been since January 2022. And they predict that hourly earnings will have gone up about 0.3% from October and 4% compared to last year. Overall, this report is an important one for traders because it could affect interest rates. It's interesting to see the different forecasts and what they mean for the job market and the economy. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary. -
There couldn't be a better time to share this remainder than now. While trying to stay steady and avoid pitfalls situations. Let us also be conscious of our asset safety cos security is paramount in the world of cryptocurrency trading. With exchanges like Bitget prioritizing advanced security measures to protect its users' assets and employing industry-leading encryption protocols, two-factor authentication, and cold storage for the majority of its funds, we can ensure that users can trade with peace of mind. In addition to complying with regulatory standards with a proven track record of securely handling users' fund
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