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Broadening wedge pattern: Will the market break out?
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๐Ÿค”๐Ÿ’ญ The Moon ๐ŸŒ– Cycle and The Stock Market ๐Ÿ“ˆ is there a co...

๐Ÿค”๐Ÿ’ญ The Moon ๐ŸŒ– Cycle and The Stock Market ๐Ÿ“ˆ is there a connectionโ‰๏ธ

It sure l๐Ÿ‘€Ks and feels like we're heading into the next Super Cycle ๐Ÿ‚ Bullrun, but just consider for a moment if maybe a few other factors could be at play here...

๐Ÿ‘€ NOPE, NO FINANCIAL ADVICE HERE ๐Ÿ‘€
๐Ÿ””๐Ÿฅ NO FUD, ONLY INFO, DYOR ๐Ÿ””๐Ÿฅ
GOOD LUCK ๐Ÿคž๐Ÿ€ AND HAPPY TRADING ๐Ÿ˜Š

The influence of planetary cycles on stocks has also been well documented, but is far from an exact science. Please use caution when using this theory.

On January 21st we will be getting a Super New Moon (make note that there's another one coming up on February 20th ๐Ÿ˜‰). Now if this plays out correctly it should push markets higher ๐Ÿ‚ as it has been thus far.

Using a 7-day window, stock returns are, on average, 6 bps lower daily (about 4% annually) on the full moon days than on the new moon days.

We are expected to get the next full moon, a Micro Full Moon, on February 5th. Will this be the beginning of the next leg down? ๐Ÿงธ

The next FOMC Meeting, and accompanying rate hike, will be on February 1st. Markets are nearly certain the Federal Reserve will take another step down in the pace of its interest rate increases, but could it be wrong? We are anticipating 25bps rate hikes and some are even calling for a pause. While this is not entirely impossible, it is improbable.

If Jerome Powell (JPoW) isn't happy, and I assure you he's not, with this most recent market rally he may raise the rates. If he's really mad he made Paul Volcker the market! That would definitely be cause for a leg down. Just a ๐Ÿค”๐Ÿ’ญ thought.

If we get a WILD JPoW who pauses/cuts/etc we can throw this ๐Ÿš€๐ŸŒ› theory out with the bath water, lmao! Assuming we PUMP from there expect the retracement to be EPIC! Don't chase, wait for the retracement. ๐Ÿ’ก๐Ÿคž๐Ÿ€

Don't be discouraged! Remember what I mentioned earlier?! We've got another New ๐ŸŒ‘ Moon February 20th! That COULD be good news ๐Ÿ™„๐Ÿ™ƒ! Keep H๐Ÿ‘ŠD๐Ÿ’ชing on to that HOPIUM! ๐ŸŽˆ

Stay Safe Out There! โ›‘๏ธ #NotYourKeysNotYourCrypto ๐Ÿ”‘๐Ÿช™

Do you trade the Moon Cycles?
Have you been successful trading the moon Cycles?
๐Ÿค”๐Ÿ’ญ The Moon ๐ŸŒ– Cycle and The Stock Market ๐Ÿ“ˆ is there a connectionโ‰๏ธ  It sure l๐Ÿ‘€Ks and feels like we're heading into the next Super Cycle ๐Ÿ‚ Bullrun, but jus...
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