It is almost over with the S&P’s great run. Our expectation centers around the view that there will be a corrective movement coming it at around 4558 points. Once the course drops to around 4452 points, there will be new opportunities to enter the market. Happy weekend!
The German DAX is set to enter the yellow trading zone. We expect the DAX to fall between 15530 – 15140 points, before starting another bullish rally. However, until then, it needs to stay away from the resistance at 16024 points. Be prepared!
We interpret the current downtrend of the Dow Jones as a temporary correction. The turnaround area should be around 34358 points, which we are about to reach. However, there is still plenty of room on the downside. In total, the Dow should fall to 33623 points at max. Below that line, we will face bigger corrective patterns. Waiting is key!
The DAX is still indecisive whether to take the alternative route with a probability of 43% and push through the resistance at 15806 points or to take the long road around the mark at 15279 points. We primarily expect that the latter is the case and that the course will make a huge turnaround at the 15279 point mark. After that, the stage is set for a lasting...
Entry details are shown on the chart. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. Previous trade was covered by myself yesterday in a trade idea please see below. Lets see if this trade can make it three out of three TP hits. ------------------------------------------ I try and share as many...
One for the indicies traders among you. Last buy hit TP now it's time for a sell. Entry details are shown on the chart. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I...
Dow Jones is trading within a wide Channel Up on the 1D time-frame since the November U.S. elections break-out. Applying the Fibonacci Channel levels really gives this a better perspective. Yesterday the price hit the 1D MA50 (blue trend-line). As you see every contact within the 1D MA50 since January has been a buy opportunity. So far even when the 1D MA50...
Before any guesses by the BEARS the final climax rally in S&P 500 ,shoot up the index to 4300 by the weekend 11/06/21. BEARS should wait for a week.
The SP500 and the Dow should fare even worse but ultimately, that's likely to be a little difference without distinction. The SP500 s3.tradingview.com
OK, so this I had mapped out quite a while ago but despite my general agreement with the widely circulated May 24, 2021 Dooms Day predictions (in as much as a likely date around which the music will stop ), this (chart)setup was still missing it's trigger . - Until last Friday, that is. That last 15 minutes of trading on Friday, March, 26., 2021 was no ordinary...
Not that good, but expected never the less.
After two attempt USD failed to break the next dayli resistance and was smashed away to complete the W formation pattern and we are currently at the neckline level where we should see some bullish move and if we have the right volume we should be able to break the next level of resistance if we have a nice impulse to the upside. If you guys enjoyed this analysis...
The Russell Micro is set up with a SUPER rare short opportunity here and possible crash. The 4H has made its third trend lower is under it's VWAP from highs and has put in a doji on the lows. The trade here is a pullback to 2065.5 with a stop at 2085.5 target at 1980 giving a 1:4 risk to reward ratio. I haven't seen a short setup like this in US equities in a...
FRA40 Long Position Entry: €5,644.6 TP & RR: €5,688.0 Stop Loss: €5,627.3 REASONS FOR THE TRADE Breaking up from a descending triangle, I expect the price to retrace slightly and then continue the up move. Stop Loss is set below the trendline and the target is at a resistance level. Market Flow indicator show a clear move up. The trade is slightly in...
Pattern: Channel Up on 4H. Signal: Buy after the MACD makes a bearish cross and drops below 0. Potential low when the RSI approaches its Lows Lows trend-line. Target: Calculate it to be near the 1.236 Fibonacci extension. Modest estimate 30600. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
Pattern: Channel Up on 1D. Signal: Buy as the price hit the Demand Zone made of the 0.382 - 0.236 Fibonacci levels (worked successfully on the 3 last occasions). Target: 13500 (regressive rate on the 1.082 Fib extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
Hello Fam! Long Reasons: rising after falling wedge breakout, now has to break the horizontal resistance and continue the growth Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
Hello Fam! Short Reasons: reformed head and shoulders pattern and now breaking out. Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!