📉📈 S&P500 Continuation Of Uptrend 📉📈 Nearest strong support zone: around the 0.236 level of the upward wave. 📉📈 Nearest strong resistance zone: around recent peaks. 📉📈 Technical environment: - Moving averages: Uptrend - MACD: Uptrend - RSI: Uptrend 📉📈 Price action: the S&P500 for the second day in a row stands still slightly declining, looking at the...
📈 AUS200 Unstoppable 📈 Nearest strong support zone: around the 0.786 level of the downward wave. 📈 Nearest strong resistance zone: around the 0.886 level of the downward wave. 📈 Technical environment: - Moving averages: Uptrend - MACD: Uptrend - RSI: Uptrend 📈 Price action: the AUS200 has been positively distinguishing itself from other stock indices for...
📈 Nasdaq Third Wave Of Increases 📈 Nearest strong support zone: around the lows of the last correction 📈 Nearest strong resistance zone: around the fibo level 0.236 of the downward wave 📈 Technical environment: - Moving averages: 50/50 - MACD: Uptrend - RSI: Uptrend 📈 Price action: the Nasdaq broke out again during Friday's session, returning to the area...
📈 S&P500 Increases Increases Increases Increases 📈 Nearest strong support zone: around the lows of the last correction. 📈 Nearest strong resistance zone: around the fibo 0.5 level of the downward wave. 📈 Technical environment: - Moving averages: 50/50 - MACD: Uptrend - RSI: Uptrend 📈 Price action: the S&P500 broke out again during Friday's session,...
Technical Analysis and Outlook Spooz hit our target Outer Index Rally 4140 and beyond. The development of the Key Res $4180 is in progress. The bullish market sentiment is intact. The pullbacks with this ongoing rally are expected to target the newly created Mean Sup 4060, and possibly an extension to the crime scene Mean Sup 4015.
From our wave count, we are expecting wave 2 completion soon. We can see that we're in an ABC correction and on the final wave for wave C. In our last analysis, we were expecting a simple ABC correction where C completes at Wave A completion. As can be see, wave C is over extended. We will remain bearish unless we break above the grey structure. Trade Idea: -...
Hi traders, my view is always long term. So keep in mind this is a 3month chart. Whats intresting to look at is the 3month chart with the 21MA, If we look at the avrage if it breaks, its usally a bloodbath. I am watching this level closely and if price breaks below the oods of a big % drops increase. The current drop of 20% is nothing and is a normal correction...
Hey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 4k zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
USDJPY H4 - Depending on the way the FED sways later on this evening, will no doubt impact this pair, whilst the dollar has whipsawed somewhat, the YEN is holding it's own against the dollar, a typical scenario where we are seeing a firefight between two relatively bullish pairs for the moment, ideally we want to sell something knowingly weak against something...
Hello traders! US30 has broke the trend line and the h3 candle have closed below the trend line, which is valid for sell. However price could retest the trend line around 33700 before a further drop. You arer welcome to drop your idea in the comment section.
Hello traders! Nas has been droping after taking liquidity from the high of desmber 13.2022. It has now formed a perfect rising wedge if the pattern is broken there could be a massive drop, i will be trageting 11550 as tp1 and 11330 as tp2. You are welcome to share your idea in the comment section.
Hey traders, in today's trading session we are monitoring US500 for a buying opportunity around 4000 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
First week of February should be interesting as NFP is on friday. Here is what i am seeing in the market from a liquidity perspective. Would like to ultimately see price melt. But it can do a number of things between now and Friday. I am a buyer early as I think another high is likely. Otherwise will be observing as usual. I post the following on my channel: -...
US30 has recently suffered a huge drop in price, but seeing as Crude Oil inventories and Gas inventories were higher than forecasted and dispite this bad news, we didn't break further down.... Suggest we could be a potential bottom here. 4 hour candles suggested a TWEEZER like candle pattern with a double bottom of lower timeframes. Could this be the time to head...
On daily chart, triangle pattern was spotted for bearish continuation. As you can see from the supply zone, it hit equilibrium 50% and showing a rejection momentum. Expecting to fall to clear out liquidity at B point.
Technical Analysis and Outlook Spooz continuously displays a bullish influence on the current market sentiment, with the upside trend hitting our targets Mean Res 4085 and continuous driving momentum to Outer Index Rally 4140. The pullbacks with this ongoing rally are expected to target Mean Sup 4015 and possibly extension to Mean Sup 3970.
RUSS2000 - Intraday - We look to Sell at 1935 (stop at 1955) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. Although the anticipated move lower is corrective, it does offer ample risk/reward today. The hourly chart technicals suggests further upside before the downtrend...
News shows Putin's party probably won parliamentary elections in Russia The Russian MICEX index rallied from 200K at the bottom (March 2020) to over 400K (Sept 2021). The index put in a small bearish shooting star last week. Confirmation would be if it broke the rising uptrend connecting lows of past few months