2022/12/13 (125) Technical Analysis – XETR-HEI & CBOT_MINI-YM1!

A Monster Volatile Week In The Dow Jones This Week Again – A Reflection Of 2022 ?
So Stay Alert & Don`t Stay Long In Our CBOT_MINI-YM1! Without A Stop Price !


US Stocks Closed Positive Today,
Moderna Shines Through Trading Session, While Oracle Turns Negative, And/Or Tesla Still Stays Under Sell Pressure

The market-wide S&P 500 claimed a price increase of 0.73 percent to 4,019.65 points.
The technology-heavy selection index Nasdaq 100 ultimately gained 1.09 percent to 11,834.21 points.
It contains a number of stocks that are benefiting particularly clearly from the hope that rising interest rates will ease the pressure.
However, the further and surprisingly clear fall in inflation will hardly change anything about the generally expected interest rate hike by the US Federal Reserve this Wednesday. The experts at Landesbank Helaba warned that the end of the interest rate cycle is not yet in sight. The economists at Commerzbank consider an increase of half a percentage point to be “almost certain” after the last four increases of 0.75 points each. According to Dirk Chlench, economist at Landesbank Baden-Württemberg, according to the inflation data, an increase of only 0.25 points “is no longer completely out of the question.” And economist Thomas Gitzel from VP Bank expects “that US inflation rates will continue to drop noticeably in the coming months” and thus “take pressure off the Fed to continue to significantly tighten interest rates”.

Especially in oir Dow Jones Industrial Averafe Index, it seems like that the air is obviously out of charts a bit.
Thanks to the recovery rally between mid-October and the end of November, the stock market barometer settled above important trend lines and contained its annual minus to less than five percent. However, the attempt to break out of the subsequent consolidation phase initially seems to have failed, as indicated by the fall back to the 21-day moving average as an indicator of short-term development. The S&P 500 and the Nasdaq 100, whose current annual balance sheets look much bleaker with a minus of 16 and 27 percent respectively, are only just above the 21-day moving average.

Some company news met with a predominantly positive response on the market. As the leader in the Nasdaq 100, Moderna’s shares ultimately soared by almost 20 percent to $197.54 and at times broke the $200 mark for the first time since mid-January. The biotech company, which has become known primarily thanks to its mRNA corona vaccine, and the pharmaceutical giant Merck & Co announced that, according to a phase II study, a combination of a personalized mRNA cancerCBOT_MINI-YM1!
Long/Short 4XSetUps Switch 

34246 Target Price @ 4XSetUp

30585 entry @ long 4XSetUp
if short 4XSetUp get stopped out

30000 Stop Price @ 4XSetUp

29669 09/23/2022 last price @ friday closed

29639 09/23/2022 Entry Price @ 4XSetUp

24675 Target Price @ 4XSetUp

A long/short 4XSetUp switch I define as trade in a single financial market at near (long or short) exit and entry (short or long) price action areas. My art of switch trading price action is not the same as spread trading. Because in my art of switch trading price action the trader only owns one position at a time. Not like in a spread, where the trader is simultaneously both long one contract and short a different but related contract.

Very Important Price Action Areas
For The Next Days, Weeks And/Or Months

34246 Target Price @ 4XSetUp


33031 01/24/2022 1st New Low this year 2022

32167 02/24/2022 2nd New Low this year 2022

31148 05/12/2022 3rd New Low this year 2022

30585 entry @ long 4XSetUp
if short 4XSetUp get stopped out

30585 05/20/2022 4th New Low this year 2022

30000 Stop Price @ 4XSetUp

29669 09/23/2022 last price @ friday closed

29639 06/21/2022 5th New Low this year 2022

29639 09/23/2022 Entry Price @ 4XSetUp

24675 Target Price @ 4XSetUp

Basically
i’m a constructive realistically optimistic wall street bull.
But, if i am not wrong, the us wallstreet sentiment is still far too positive in relative terms; because the economic data and/or much more worldwide political framework conditions are worse than they have been since the cold war.
So stay kosher – & trade only with entry/exits!vaccine from Moderna and Merck’s tumor drug pembrolizumab reduces death and Risk of recurrence in certain advanced skin cancer patients significantly compared to pembrolizumab monotherapy.

The Merck shares reacted somewhat more cautiously to the news with a plus of 1.8 percent. Meanwhile, the New York-listed shares in Mainz-based Moderna competitor Biontech, which is also researching mRNA cancer vaccines, rose by seven percent. At the software group Oracle, investors could not look forward to a lasting price increase after quarterly figures: In the end, the recently well-run titles lost 0.9 percent. Thanks to flourishing cloud services, business at the SAP competitor continues to run smoothly. It beat market expectations, with some analysts raising their price targets on the stock. The papers of the aircraft manufacturer Boeing were only briefly boosted by a large order and closed almost half a percent firmer. The airline United Airlines orders 100 “Dreamliner”. In addition, the Lufthansa partner from the USA secured purchase options for a further 100 aircraft of the type. United is also exercising an option to purchase 44 737 Max aircraft, ordering an additional 56 of these aircraft and securing an additional 100 options for the jet. Delivery and order figures for November, which were only published after the start of trading, did not give Boeing shares any additional boost. Pfizer’s shares posted significant price gains of 1.7 percent after a buy recommendation from Goldman Sachs. New products and the pharmaceutical company’s research pipeline trumped the uncertainties regarding the further development of the corona virus, wrote analyst Chris Shibutani. Credit Suisse’s Trung Huynh also praised the pipeline potential. On the other hand, Tesla, bottom of the Nasdaq 100, continued to fall by a good four percent to $160.95. At $160.91, the paper marked its lowest price in over two years. The market capitalization of the electric car maker even fell below the 500 billion dollar mark for a short time. Most recently, the company had to struggle with corona-related production problems in China and concerns about demand. The euro held its ground at $1.0628 in New York trading after previously climbing to its highest level in over half a year. The European Central Bank had set the reference rate at $1.0545. US government bonds curbed their strong gains after the inflation data: Most recently, the futures contract for ten-year bonds (T-Note Future) was still up 0.80 percent at 114.73 points.

S&P500 Stocks In United States Hit 13-Week High Today, As Fed Said To Slow Pace Of Rate Hikes

US500 increased to a 13-week high of 4102. The Federal Reserve is expected to raise the fed funds rate by only 50bps to 4.25%-4.5% during its last monetarypolicy meeting of 2022, following four straight three-quarter point hikes and pushing borrowing costs to the highest level since 2007. Investors will also keep a close eye on projections for growth and inflation and the so-called dot plot to see when the policymakers expect the rate to peak and for how long the borrowing costs will remain elevated. Many traders are currently betting on rate cuts in the second half of 2023. In September, Fed’s policymakers saw the fed funds rate at 4.6% at the end of 2023.

10-Year Treasury Note Approaches 3-Month Low After CPI
While US Stocks Rally As Inflation Fears Ebb, On This Tuesday Trading Session

The yield on the US 10-year Treasury noted retreated below the 3.5% mark, approaching the three-month low of 3.4% touched on December 7th after the domestic inflation report surprised to the downside, easing expectations of how high the Federal Reserve will have to raise its funds rate target. Consumer prices rose by 7.1% annually in November, below estimates of 7.3% and easing from 7.7% in the prior month. The result consolidated hopes of slowing price growth as data showed that consumer inflation expectations dropped to the lowest in 14 months, adding to bets that the Federal Reserve will deliver a 50bps rate hike this week and maintain smaller rate hike increments after four straight 75bps increases since June.

The Dow surged over 700 points on Tuesday, and the S&P 500 and Nasdaq 100 advanced 2.8% and 3.9%, respectively, as a softer-than-expected reading for inflation cemented bets that the Federal Reserve will slow its aggressive tightening campaign. A Bureau of Labor Statistics report showed that the annual inflation rate eased to 7.1% in November, below economists’ forecasts of 7.3%, reinforcing the case for a modest 50 bps hike on Wednesday and sparking bets on a lower terminal level for the Fed funds, now seen at roughly 4.9% in May 2023.