Hey traders, in today's trading session we are monitoring NAS100 for a selling opportunity around 10950 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
As mentioned in the last post if price clears the lower end of the range the technical picture looks good for another nice leg down. Check out the same levels on a weekly chart for the bigger picture. Stocks may not be finished selling of...
DJ1 Index - The Dow Weakness likely on the asset, sell idea! Heed your DD!
For most of the last year, we held a bearish bias on the U.S. stock market. Starting in 2023, we maintain this stance and expect the market to dive deeper into a recession, dragging the price of SPX much lower from the current level. In fact, before the third quarter 2022 earning season, we outlined that the corporate earnings would reflect the worsening economic...
DXY D1 - For the last 2/3 weeks we haven't seen an awful amount of movement from the dollar and many other pairs that have yet to cause or given a definitive breakout to show currency bias/direction. I think this week will mostly be keeping an eye on the introduction of volume, headlines and everything else to follow which may give us an indication of what we...
The US 100 Index is looking to be buying the low price in order to go up to reach either 11943.00 or 12164.96. This is what I see when n the H1 timeframe.
Stocks closed pretty strong for the year, and the yearly open filled a gap very quickly. At the moment, I see very little evidence that the year will start with a massive dump, especially after 2022 was so brutal for stocks, bonds, and crypto. It looks more likely that things will first go up and then potentially go down. The market resuming its bounce makes more...
Hello traders, I’m sharing the analysis based purely on price action, rejection from important Order Block was a sure shot and now it possibly will thrive for bearish sentiment, keeping the increasing interest rates and FED’s policies. I’m marking the bearish zone for you to watch the price action on smaller Time frames and most importantly, study the lipstick of...
I will buy when the price breaks the resistance, retrace and show a bullish pattern. Keep this in your WatchList.
With the start of a new year, 2023, we would like to wish everyone a successful year ahead. Today, the U.S. stock market is closed due to the observed New Year Day holiday. Therefore, we would like to recap the performance of various assets in 2022. Performance of the major U.S. stock market indices in 2022: 1. Nasdaq Composite Index IXIC = -33% 2. S&P 500 Index...
NAS100 as we can see has a falling wedge pattern which we have broken out of and re-tested. I anticipate a bullish move this week the target of 11400 area
Hey traders, in the coming week we are monitoring US500 for a selling opportunity around 3850 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
this is my analysis for US30 for 2023. this going to be a long journey. I would say buy until mid of february. of course, theres up and down move but our main direction is up. trade at your risk.
Here is what im seeing on indicies for the next year, overall bearish, but can see bullishness early in the year in order to put in a high. I think the market will go for that 2020 low. which sucks from an economic perspective and what that will actually mean for everyday people.
Hey Traders, in this week we are monitoring NASDAQ for a selling opportunity around 11120 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Technical Analysis and Outlook The downtrend to Inner Index Dip 3785 has been completed in the previous week and retested once again this week. The upside target to the Mean Res 3880 continuously plays with the current market sentiment. The additional upside moves to Mean Res 4020, 4085, with Outer Index Rally 4140 currently being at the crosshair. The pullbacks...
US30 Dow New Sell on the asset,targets = dashed red lines. Heed your DD!
Hey traders, in this week we are monitoring US30 for a selling opportunity around 33000 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.