Seems like TTCF has to build some momentum from ground up, because now we have only declining Renko and OBV. Staying short on this one.
ES / SPX ATH gives a bullish stance but looking for a correction / more consolidation first. Looking to retrace to first stop @ 3630 POC for the current run up from 02 Nov 2020 is @ 3560 RTY / RUT Consolidating below POC, if there is a close below 1822 a retracement to VPVR nodes is likely First Retracement to 1800 (weak support) then to the next much more...
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Life Healthcare has tested the overbought line. There is now a high volume rejection and the downtrend can be expected to continue. This is confirmed by negative divergence in the volume RSI and a downward trending relative strength to the Top40.
Apple has been within this bull pennant for a while, but it looks quite tight now and ready to launch next week. I could see one last little pullback to happen while staying within the pennant.
As I see, NYSE:XPEV could show pullback in near days. Buy volume decreases. yesterday was a lot sells. Indicators RSI and MACD also shows that pull back is near. But with all that stock could break triangle to above and meet the 90$ target. Not a trading advice. I'm not trading advicer. Just sharing my thoughts on current situation.
the GbpUsd will go up to the 685.4 fiboacci level
Expecting shorts to be in control in the next couple days at least down to 18k It appears to be a relatively small correction, the major, overall trend is still up
we expecting bull back to rejection by sellers at the POC level as shown on the chart
Technical analysis Non-syariah Resistance breakout with high volume Price above mid BB (20 MA) RSI trying to cross overbought area MACD above centerline Trading idea Entry price: 0.280-0.290 Cut loss: 0.265 TP1: 0.310 TP2: 0.340
**Disclaimer: This is not a buy call but for learning purpose. Technical analysis Resistance breakout with high volume RSI moving toward overbought area MACD multi-timeframe above centerline EMA wave moves toward upper direction Trading idea Entry price: 0.320/0.325 Cut loss: 0.305 TP1: 0.340 TP2: 0.370
Find out how to use these 3 simple steps to catch the bottom and participate the beginning of the uptrend when day trading S&P 500 futures (ES). Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 1 Dec 2020 trading session. In this video, you will find out the market recap during the last session and a trade...
Following a 95% correction and oversold condition (orange columns) on the above 1-day chart we now have an incredible buy opportunity. Some facts of the chart: 1) Regular Bullish divergence (blue line) between price action and money flow index. 2) Point (1) together with following increasing volume - bullish. 3) Hidden Bullish divergence (orange line) - this...
A Minervini Volatility Contraction Pattern (VCP) within a confirmed uptrend is a great way to identify super-performers ready to break out. The pattern shows price action with higher lows while volume is decreasing, signaling that sellers are dwindling and what is left are long term holders. With a little additional demand, and no supply, prices can accelerate...