Member Info for Svend

Stargate Bingo and we have lift-off prices that have gone through 146 nice cups and handle break-outs IMOO DYOR

Please turn on the switch on the new solar power grid along with powering up the Elix system and let the harvest begin it's nearly spring. 👀

Yes, copper is now just 1p off the $ 4.48 high set in Jan 2023 break out above here and the price is on its way to the ATH at $5.22 incoming potentially forming a decade-long cup and handle formation 👀

Fasten your seatbelt and hold on to your Teacup's the Volatility Index is up by some 17-18% above 21 nearing the high of October 2023 👀

Happy Friday > The Nikkei 225 is nose-diving currently down -2.3% - 37200 as of this moment and more broadly has retraced by some 10% since March 25 and is now located at the LT EMA in the middle of the clouds maybe heading direction 200 sma at 34520 meanwhile Coffee futures are down by -3.85% and Cocoa flying is in the sweet spot up a whopping 9.63% and nearly quadrupling this year alone from 3 to 11? 👀

Royces has just been caught up and spun wild around in the overall market gyrations while Mr Market got ahead of himself with too high hopes of early interest rate reductions in the USA and the wars in the ME this has in turn pulled back DJ30 by over -5% and the major index SP500 by some -4.5% and Nasdaq -3.5% during the first two weeks of April.

Hi Whalebone

Why not it is heading in a clear direction due north and has gone fairly straight up now just since 2015 by some 400 % excluding dividends and the London main market listing pending should double the SP in the short term IMOO DYOR GLA👀

Hi Etank,

Thanks, I can not give you any buy or sell advice or recommendations In the short term (daily TF) the price action is in a corrective move touching/bouncing on the 28 SMA at the midline inside of the Bollinger Bands which needs to hold above to remain bullish. IMOO DYOR GLA

Hi Etank, The tea leaves look choppy the price remains above the 200 SMA and the Ichimoku clouds bullish break out above 524

View from Bridge: Market consolidation is expected, with a potential downturn later this month and into May—Mid-to-late May bottom possible, followed by a summer rally.

CPI analysis: 2.6% now, potential rise to 3.2-3.7% in next 2 quarters due to "echo bounce" and geopolitical risks. Fed may respond with a surprise 0.25% rate hike instead of expected cuts.

Recession fears remain unfounded. Geopolitical tensions, oil prices, and droughts could push inflation and food prices higher.

Overall, the S&P 500 experienced losses across all sectors, with financials being the worst hit due to weakness in bank stocks. Real estate, materials, and healthcare sectors also saw significant declines, influenced by various market factors, including rising interest rates.

This week: continued market consolidation with S&P 500 around 5150.

Phillip... The response:

https://www.bbc.co.uk/news/live/world-middle-east-68737710

Weekly outlook: 12 April > SP500 1st week closed inside and above the previous week's low above the 5 EMA. On the daily TF the 5 EMA crossed below the 20 EMA with these mixed signals of either a short-term pullback or a larger corrective move currently on the horizon. For the Nasdaq100 the picture is unchanged with 3 inside weeks in a row and above the 5 EMA. A similar picture for Rocey inside the bar and counting 24 consecutive weeks of higher lows. The rainbow remains blue. 👀👍😉

For the S&P 500 to maintain an altitude of 24th weekly higher lows needs a close above today's 5193.36 and for Rocey that would be a true heading above £ 406.4 course towards £ 700 current ATR reading of about 20 Roger and out 👀 Happy Friday > https://www.youtube.com/watch?v=hStkyNEjqbY

Trello great post you beat me to it and I did not intend to overtake you by the way🤣 your post is far more informative and thanks for sharing the fuller details.👀👍

Nettles, I agree you also have my vote for £7 in 2025 at some point and expect to see £12 in 2027 yes I am serious no joke Captain Turbo Tufan's sailing plan is rather clear-cut which is set the compass to quadruple the SP by this time referenced on CMD Note RR has 4072 Engines in service now and 1632 on order. That should keep the flying chefs happy for a while. (Google: rolls-royce-Investor-presentation-march-2024.pdf for details) GLA DYOR IMOO

Wait here it is:

Avast, me hearties! Now listen close, ye scurvy landlubbers! Thar be a time on every voyage when the wee ones start yowlin' for their sick buckets. That be a sure sign the wind be pickin' up and the waves be gettin' a bit grumpy! Just like when them fancy folk at Jefferies be talkin' about these "whatever the weather" winners, like Rolls Royce, Glencore and Tesco. They be sayin' these land-ship fellas be sailin' smooth even in a storm, trouncin' their rivals and their pockets be lined with gold! Now that's a treasure map worth followin', wouldn't ye say? But remember, fair winds can turn foul quick, so keep one eye on the charts and one eye on yer own investments!

Rewrite in funny captain's words '' Hi cat friend when the passengers start asking for the sig bags that's when you know when she rolls meanwhile Rolls Royce, Glencore and Tesco were highlighted among several “whatever the weather” winners that are seen as enjoying multi-year sustainable advantages over rivals and upside to their shares, according to investment bank Jefferies''

The turbulence seems to be flatlining the SP500 had a double bottom and is now back to where it was before the CPI as they say it takes two to tango 👀

Short-term two days of above-average volume selling pressure has appeared which has been absent since last year it looks like we might have some coiling action to unwind the SP turbulence which was likely caused by Mr Market's moves due to a higher-than-expected number of CPI printed today. Overall price remains above the low 4's and less than 4% intraday movement which is positive.

The SP has regained nearly approx 100% of its move since the 2014 Jan 6 highs and is visibly showing a clear double top formation on the tea leaves incoming data from Mr Market has propelled the SP to near ATH and is on standby for further directional moves a major symmetrical pullback to previous resistance turning to support at 370/380 would imply a correction in region 15% which could be some 50% greater than the last pullback in summer 2023 of some 10% alternatively a close above 444 would bring onboard a new unseen frontier of higher highs soon. always remember anything can happen enjoy the voyage.