Seeing a weekly momentum shift forming, expect major trend change. Couple of scenarios, Economy could break and fed allows inflation to creep up while easing on rates, If they reduce reverse repo rates then yields will drop as money market funds buy 1 yr bills on the open market again. Otherwise they might have to increase rates if inflation continues to weigh...
Cheniere Energy has been sinking as the broader market advances. Now some traders may see risk of another push to the downside. The first pattern on today’s chart is the series of lower monthly highs and lower monthly lows since early December. This contrasts starkly with the advance in the S&P 500, potentially reflecting bearish sentiment in the tanker...
ON shown on a 30 minute chart- has fallen behind but is a top 50 seached on the the Zack website. It recently trended down from a push to outside the Bollinger Bands showing extreme buying volaility and price action than a big fade into selling volatility and a slight compression. The TTM squeeze fired just as price fell outside the lower band. Price rose...
AAP on a 240 minute chart has completed a Fibonacci retracement of the previous trend down which covered April to October 2023. Support was retested for a month or so. The retracement starting in December is now to the standard level and price is being rejected there. The faster RSI topped out at 65 while the slower RSI line ( black ) never got over 50. As...
something or definitely a working project that its time has come a facility that covers current and future de fi requirements on top of it is the beauty of its being COMPLIANT and adaptable or built on NEAR MATiC FLARE and AVAX still under the radar or un appealing to most as it tank from launching it has the same dna that of INJECTIVE and AiOZ or so most...
DUOL on the 30- minute chart shows a healthy pullback of about 5% from its ATH reached both Feb 29th and a few days ago. so it is just under a double top. On March 19th, it rallied from the pullback to put in the second ATH and then dropped 5%. The question here is whether, CUOL can attract interest volume and so money inflow to allow a price rise (Wychoff''s...
Berkshire Hathaway broke out to new highs in January. Now after a pullback, it may be continuing higher. Consider the price zone around $400 on today’s daily chart. It has a potential double significance. First, it represents a 50 percent retracement of the move between January 23 and the high of February 26. Second, it’s near a high on February 13 that was...
NYSE:DAR long idea MA and the first two indicators are direction bias (Mean ^, Var ^) The last two indicators are information theory and not directional.
It's always important to look the US Dollar when determining the outlook for Bitcoin. Remember, when the US Dollar rises, Bitcoin does the opposite, which is why the price of BTC is experience in the red. However, looking at the US Dollar Chart, the DXY is oversold on the Relative Strength Index. This is a bullish momentum for Bitcoin, as the US Dollar can...
Semiconductors showed signs of stalling last week, and Advanced Micro Devices might have confirmed a potentially bearish pattern. Today’s chart highlights the big price swing on March 8, which featured a record high and then a close below the previous session's lows. The resulting candle was both a “shooting star” and a bearish engulfing bar. AMD proceeded to...
NYSE:SHW -- bullish chart Mean ^ Var ^ Autocorrelation crossed 0 into positive territory, which means trending Last indicator shows a measure of information; the higher the information, the higher the uncertainty. You want to be trading when the indicators is decreasing.
Bitcoin Bitstamp 5Day moving average convergence/divergence and fibonacci-based primary and secondary sine wave structures established from historical MACD positive and negative momentum. The MACD is displayed using the standard fast and slow lengths of 12 and 26, respectively. Signal smoothing length is the standard value of 9. For visual clarity, the...
Treasury yields have had a big impact on stocks since the Federal Reserve started hiking rates in 2022. Now one of the biggest charts in that market might have done something important. Today we focus on the 10-year Treasury note’s yield, measured by the index TNX. The first pattern is the 4.324 percent level. It was a peak in June 2008 and again last August....
Here is a quick chart showcasing a beautiful MACD reversing above the water on the 1HR time frame for SHIBA and breakout occurring from it current flag formation. Should see a delicious pump here.
ETH recently has been losing momentum. The rally now showing one of two scenarios: Consolidation where profit taking is occuring before another rally Reversal in the trend We can see this weakness by identifying two aspects in the price action. Fails to make a higher high Breaks long term upward trend
Affirm ended 2023 with a sharp rally. Now, after two months of consolidation, some traders may look for further upside. The first pattern on today’s chart is the $36.12 level, a weekly low from early December. The buy-now-pay-later stock has tested and held that price, which may suggest that buyers are lurking. Second is the falling trendline that began at of...