Revealing Market Trends: Logarithmic Regression Analysis Indicates Bullish Path for SPY In the ever-evolving realm of financial analysis, the search for reliable predictions remains ongoing. Logarithmic scale regression analysis, coupled with potent indicators, has emerged as a promising tool for discerning trends, particularly regarding assets like the...
VERX on the 15 minute chart demonstrates printing a high tight bull flag pattern in its bullrun after the earnings report was a two line beat much like the one a quarter ago. VERX has impressed traders including this one who got in on the ride early. I will trade this like others recently with a similar pattern. I will hold during the consolidation and watch...
1. Change in the regression trend at day timeframe, 1st Dec 23 It occurred with Gap formation, which will act as good support 2. Another Regression channel can be observed at 1hr time frame 3. Spinning Top Formation at the weekly timeframe, implicates bearish sentiment in the last week's price movement Another "change in the trend" is expected
QQQ is here on a 30-minute chart showing its pivot down from a near-term high in a descending regression channel. Advanced RSI and MACD indicators are used to better pinpoint short entries in this downtrend especially with put options contracts with expirations every other day. Greed has turned to fear. Those equipped with experience and risk management can...
Using Linear Regression of Second Derivative script, we can see that the momentum is down, but that down momentum is actually decreasing, as the downward histogram is making a higher low compared to prior histogram. Also, Breakout Signals script is showing yellow squares at the bottom. This means that the EMAs are stacked correctly, there is a compression(it’s...
Price of FX:USDCAD touched the weekly pivot almost exactly at the point, where the pivot crossed the higher-lows-trendline. It might rise to around 1.36059 - which is around the level, where R1 is crossing the upper side of the linear regression channel.
7am 7-28-2023 Candle close SIGNAL BUY. EVERY INDICATOR IS BULLISH WITH STRAGETY SIGNAL. price targets are 15702 21 hrs avg trade 15748 30 hrs avg trade THIS A TEST TO SEE HOW THE STRAGETY PLAYS OUT. 1.66 LOTS. stop loss at sell signal(candle close)/g-trend line
The price action is trading in the upper band of this micro bear flag, key level. Expecting a downward leg to the demand zone, as the ABCD reciprocal (0.382:2.618) is targeting the region.
It has been under formation since the 2nd week of March, which reflects the overall trend of the market for the Last 3 Months. It is a good time to invest in Nifty Bees since it has reached an all-time high and is on an unknown trajectory. Overall, it is a super bullish setup.
NZDCAD has formed 5 waves bullish pattern on its daily chart and the price is trading the price completion zone above the EL: 0.83903. Targets: 127% AB: 0.87193 162% AB: 0.88139
A careful examination of the 9-12D timeframes using the Ocean Channel indicates that BTC has established robust support around the 26-27k level, while DXY is showcasing bullish momentum but is fast approaching potential resistance around the 103-104 mark. The DXY has been exhibiting a bullish trend after the significant retracement. However, the index's rapid...
We have managed to close out a month above the 50% retrace at 414.04 drawn from 2022 high to low. This has been a key area to overcome. We are clearly now above the 405.11 POC area, and this month we cleared another high volume point at the 50% retrace line (414.04). The low points in September and October 2022 touched and repelled off the lower 2 sigma line of...
ES1! Fibonacci Levels on 6wk horizon. Confluence observed with PA in sustained level between Key SMAS 20, 200. Confluence observed with 0.618 and 0.5 with areas of fair value. Reliability of measure supported using linear regression with pearsons r of 0.97554. A bear flag would be confirmed with breach of sigma 2 :3888.50 and KLs 3973.75, 3515.50 (and rediscovery...
Highly bearish confluences of strong signals on 1D chart of ADAUSDT. The price action reached supply. Double top formation. Overbought. Heading downward. Potential Head & Shoulders scenario development till the final of April. Grey area is a not-trade-zone. Technicals: * ABCD reciprocal .886:1.128; * Fisher Transform bearish cross / bearish divergence; * Chaikin...
As discussed in the previous blog, the sell-off was expected to 17000 1. Spinning Bottom Candle, which depicts the reversal and is also supported by open interest data, A lot of puts are being shorted 2. Regression channel, Since Dec 2022, Nifty has been moving in the regression channel, It is reversed from the bottom of the channel. Assuming these structural...
Clear regression channel on BITSTAMP:BTCUSD H4 chart. Looking for short trigger if $21400's is met but fails to hold. Taking profit at channel mid and channel low at $20000 and $19300. Invalidation is $21800 break out of channel and hold. Happy to re-entre trade once price re-enters channel. Take note of 12 and 21 EMA's compressing and rolling over for...
GME - a recent break-out/back-test, Bullish MA cross on the 4-hour, VWAP and volume support are all getting me more bullish on GME. With high volume support at this price range from last spring and early summer, looking for a rise in price heading into late Feb and early March of 2023. Adding to shares and going long Mar 17 calls with a $25 strike. NFA!
64% success rate for backtesting ADX/DMI + Linear Regression Channel on EUR/USD for week of 1/9/2023. Had some losses near the end but was getting sloppy with my trading rules. Need more backtesting and trial and error to get my rules ironed out.