The FTSE snapped a 4-day losing streak yesterday, after the pullback from its record high found support along the bullish trendline. A bullish engulfing candle also closed above the 10 and 20-day EMA’s, after the RSI (2) went into oversold territory the day prior. So it appears a swing low has formed and we’re looking for a move back above 8,000 whilst prices...
Hey Traders, in today's trading session we are monitoring US500 for a selling opportunity around 4020 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring NAS100 for a selling opportunity around 12070 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Technical Analysis and Outlook The index Mean Res 4145 was the culprit target with the recent Intermediary Up Trend as shown on S&P 500 Daily Chart Analysis For the Week of Feb 17; all three targets were hit - Mean Sup 4060, Mean Sup 4015, and the Inner Index Dip 3980. The newly created Mean Res 4028 is our intermediate upside target - Dead-cat bounce. Keep in...
BNF SHORT TERM VIEW Entry Stop loss and Targets are given in the pic
Bearish on indices as I am expecting the dollar to continue to appreciate. The equal highs left lest week are interesting. I would have expected the market to take those. Something to watch, but not expecting them to be violated at this point.
DOW30 - Intraday - We look to Buy at 32960 (stop at 32760) Bespoke support is located at 32960. Bespoke support is located at 32940. Majority of the initial daily losses being recaptured. There is scope for mild selling at the open but losses should be limited. A Fibonacci confluence area is located at 32960. Our profit targets will be 33475 and 33690...
Hey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 33500 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
US100 Index Let see big players need money now or need more money later. It will decide down trend is over or one further step? Always be smart be advisor yourself!
Equity rally due to systematic buying and HF short covering. Short interest has halved from the Q4 highs for EU equities, but is still elevated in the US. Macro HFs and CTAs have turned outright long equities, and their exposure is close to 12m highs, yet still below average. Long short funds have also reduced short positions, but their net exposure remains low...
- S&P500 has broken higher, which is great for the broader markets - DJIA is up 2.57% already in 2023, if January closes higher, that bodes well for the rest of the year - FTSE100 is racing ahead of everyone and everything that I follow, apart from the DAX(Ger40), mostly due to the weighting of the index towards Oil majors - DAX is up >7% - VIX is trading...
Hello everyone I have updated the trades that we take. We are currently long dollar, short BTC, short SPX. I dont have many trades and i am fully loaded with my risk. I probably won't be taking any trades any time soon and leave everything till end of month. Once we get into march and data is suggesting weakness in the dollar we will flip the switch. It is a data...
EIGHTCAP:US30 Here on the 4 hour chart, we can see price action forming an expanding wedge. Knowing there is are still imbalances to the upside that are likely to get filled before any more dramatic moves down, I'm looking for the bulls to take control around the ATR of 33189 where I'll be bidding this market. This area will be the 3rd push on the wedge, meeting...
RUSS2000 - Intraday - We look to Buy at 1910 (stop at 1890) Selling pressure from 1939 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. Previous support located at 1900. Preferred trade is to buy on dips. Our profit targets...
The ASX 200 had a great start to the year, but has since seen prices pull back from tis YTD highs. Yet is we zoom out, the daily trend remains bullish overall, and prices during the recent decline appear to be corrective. It's pullback has also found support around a cluster of support levels including the 38.2% Fibonacci retracement, 50-dy EMA, monthly pivot...
CURRENCYCOM:US100 HI , TRADER'S .. OUR PREVIOUS FORECAST WENT VERY WELL I am trying level best to make trading easy for you to understand I try to keep chart simple and easy , Price now in bearish pressure Previous support's now acting as major resistance 20,50 ema also acting as resistance now Price can target 200 ema which at 12050 area ❤️...