Since the market started selling-off late February due to disturbance in the bond market, the movements of $CLOV has since been mirroring the direction of the overall market relatively tightly. With the closing of the market earlier today after a considerably sideway and mixed trading day, S&P 500 rose by 0.60%, NASDAQ fell by 0.04%, while Dow Jones Industrial...
Wait for a pull back to horizontal support resistance level and dynamic support resistance level for an entry.
The movement of $CLOV continues to mirror the condition of the overall market. Today, the tech-led sell-off took a pause, with S&P 500 rising by 1.95% and NASDAQ Composite rising by 1.55%. Similarly, Clover Health ended higher by 7.54%, closing above the previous day's close. Going into next week, I expect $CLOV performance to continue reflecting the overall...
Break out candle on horizontal support resistance and dynamic support resistance at price area 96.56. Entry on retest at 96.56 price area.
Silver XAGUSD. Wait for a pull back to dynamic support resistance and horizontal support and resistance.
Good morning traders! Check back to last week where we predicted a break of structure on the pair. Well, we've seen that. Look at price now respecting and finding support at our already marked key level in the market. With bears looking pretty strong will we see a break of this level and further movement to the downside this week? Look closely, and you can see...
Wait For A Pullback and Pin Bar For an Entry. Wait for price to pull back to the exponential moving averages. Look for price to pull back to horizontal support resistance line and dynamic support resistance (exponential moving averages). Next, watch for a bullish price action signal like a pin bar at horizontal and dynamic support resistance levels.
NWC is going to be bullish while the cup formation is going to be completed and the ladder structure highly supports the trend
AAPL in Nasdaq is going to be bullish due to bullish signs in volume - RSI - ADX - MACD and other classic indicators so we just need a confirmation from crossing the dynamic resistance from the trend
PAX gold is bearish as the overall trend obviously shows it and it crossed dynamic support plotted in the chart so its going to be either neutral for next days or bearish, no signs of bullish for now so still not profitable as we expect
Against a backdrop of the broader stock indices that don't seem to want to spend ANY time, at ANY level (w/ the possible exception of the Russell 2000), today we forayed BACk into Bank of America using a dynamic support level that printed at 25.5. When breakouts or fades get tricky, we like to fall BACk (okay, stop me) to names that are staying inside a well...