Looks like we may see one more bullish movement on Dow. After a test of a key support, the price formed a cup & handle formation. The neckline of the pattern is broken and we see a positive bullish reaction after its retest. I expect a bullish movement to 38040 ❤️Please, support my work with like, thank you!❤️
Dollar Index retested a recently broken horizontal structure on a daily. After its test, the price formed an inverted head and shoulders pattern and violated a resistance line of a bullish flag formation. We can expect growth today. Next resistance: 103.5 ❤️Please, support my work with like, thank you!❤️
Looking at the JSE 40 all-share Index on the daily chart we can take note that the index has been trading downwards since peaking sometime during Feb 23, now looking to the left again we can take note that after the release of the 1st quarter Dividend & Earnings release the JSE drop on both accounts. Now looking to the right, we can take note that the JSE has...
Dow Jones retested a recently broken horizontal resistance. After a test of structure, the market bounced and violated the upper boundary of a bullish flag pattern. The violation may trigger a trend following movement. Goals: 38050 / 38100 ❤️Please, support my work with like, thank you!❤️
Top-down analysis for DXY. Price action analysis. Important key levels. Bullish outlook explained. ❤️Please, support my work with like, thank you!❤️
Dow Jones index is trading in a strong bullish trend. After the market set the all-time high at the end of December, the market started to consolidate within a horizontal range. Bullish breakout of the resistance of the range is a strong trend-following signal. It may push the prices to 38400 level. ❤️Please, support my work with like, thank you!❤️
All major 4 indexes are now under the Red TrapZone and The First retrace back into the TrapZone will be Key to see IF we start trending back down or not. Retrace is starting right about now!
Today's focus: US30 Pattern – Consolidation / ascending triangle pattern. Support – 37,400 Resistance – 37,770 Hi, and thanks for checking out today's update. Crypto had a mainly higher but, in some cases, muted response to news that BTC ETFs will become a reality. We have run over some of the news and moves since yesterday. The US30 is today's chart, and...
Its time for a Dollar Story ! (previous lin echart idea 100-105 Range; before & after to the current spot) The Dollar Index ( TVC:DXY ) has managed to print 11 Consecutive Green Weekly Candlesticks, rallying up as much as 8 % from its July/2023 99.580 Low. A low violating all Technical aspects, which got us into a Short Idea but not for long before changing...
Dollar Index looks weak after a test of a key daily horizontal resistance. The market already formed a tiny gap down and a double top formation. I believe that it may drop today, at least to 103.15 ❤️Please, support my work with like, thank you!❤️
- Emerging Markets are in a paranoid state due to Major US Financial Markets nearing scheduled date of CPI numbers releasing day. Consensus forecasts are anticipating Inflation to steadily go up for the rest of 2023 and entering '24 10'th of August/23 will be a very important day for The Global Financial Markets. Casualties might follow soon due to the...
US100 successfully violated a resistance of a horizontal range on a daily. Taking into consideration that the market is trading in a strong bullish trend, such a breakout confirms a highly probable trend continuation. Next resistance - 16500 ❤️Please, support my work with like, thank you!❤️
Price action analysis for Nasdaq. Important key levels. Potential scenarios. Trading plan. ❤️Please, support this video with like and comment!❤️
Top-down analysis for DXY. Price action analysis. Important key levels. Directional bias. ❤️Please, support this video with like and comment!❤️
Top-down analysis for US30. Important key levels. Price action analysis. Trading plan. Directional bias. ❤️Please, support this video with like and comment!❤️
Here is my latest structure analysis for Dollar Index. Resistance 1: 103.86 - 104.20 area Resistance 2: 104.40 - 104.55 area Resistance 3: 104.87 - 105.08 area Resistance 4: 105.90 - 106.11 area Support 1: 102.57 - 103.08 area Support 2: 101.40 - 102.01 area Support 3: 100.47 - 100.57 area Support 4: 99.55 - 99.75 area Consider these structures for...
Update for Dollar Index. As I predicted earlier, the market nicely respected a broken horizontal support. Our goal for sellers remains intact. It is 103.1 support. ❤️Please, support my work with like, thank you!❤️
Update for S&P500. We have spotted earlier a confirmed structure breakout. The market is preparing to test the broken structure one more time. 4520 - 4543 is the area from where we will anticipate a bullish reaction. Goal will be 4596 ❤️Please, support my work with like, thank you!❤️