Price had a strong daily close today.
Price disrespected the bearish orderblock by closing above it.
I want to see discount H4/H1 levels respected to then look for M15/M5 bullish displacement to trigger long.
Target PDH and PWH.
Assuming the current market correction is a scaled down version of the 2000-2009 correction, we likely have one more leg up to complete the pattern. The RSI hit a bottom at the end of the A wave down in 2002 and 2022. Since this time the RSI had been producing higher lows with the exception of one cross in May 2006 and August 2023. This appears to fall in line...
Yet again buyer are still able to keep price higher and higher but at the same time we can spot weakness in each rally that occurs.
Key note to look out for is that this rally that started in 2023 seems similar to the last in 2020 except for the Feds stimulus package that set the economy in turbo mode. As highlighted in green you can analyze the strength in both...
Weekly Bias is UP, Daily is UP as well.
We have an AB=CD which happens above the 38% retracement of the bigger swing up. (some people might refer to this as a high-tight flag).
30 min is showing divergence. The entry is a breakout after multiple inside bars pattern also known as a popgun pattern.
The risk to reward to the previous all-time high is 1 to 5 if no...
Today I will be analyzing indices and USD pairs. I expect some USD strength next week.
Disclaimer: This is just my analysis which of course can be wrong. So do your own analysis before investing or trading
US Market Sentiment and Swing-Trading Considerations -
NASDAQ Heatmap
Color-Coded Performance Indicators:
Green Boxes: Represent stocks that have had positive performance over the past week. The intensity of the green color indicates the level of positive performance, with darker greens showing stronger gains.
Red Boxes: Represent stocks that have experienced...
overbought in many way
market not care at all the odd of rate cute that noiw are in may-june and
% for march
all tha panic buy for 1 stock nvidia
while we se inflation data backed up
we see job number very good
and market react liek we never up rate since 2 year
its a full bubble that ake los tmany money to retail trader
A contraction is occurring in the rise, if this triple top holds, we can see a strong retreat to the marked areas.
what do you think? I read you in comments
Hi Realistic Traders, let's delve into the technical analysis of NASDAQ:GOOGL
On January 31, 2024, Alphabet's stock exhibited a gap down in after-hours trading subsequent to the disclosure of lower-than-anticipated ad revenue. Following this, the stock stabilized its descent, finding support at both the bullish trendline and the EMA90 line, indicating a...
The S&P 500's remarkable surge to unprecedented heights, with a staggering 39% increase from its October 2022 low, signals a robust bull market that has captivated investors worldwide. Yet, amidst the euphoria, concerns linger about the optimal timing for investment, prompting a closer examination of the current market landscape.
Undoubtedly, the current bull...
Nasdaq100 after a big up move. end big AB=CD+FIBO E LEVEL+ Bollinger Band+ Pivot
I choose to show the MegaPhone pattern in the photo but there are many other tools.
Fed wants to cut the rate this year, so I think he will do that only after a big down movement in the stock market.
The SP has had a nice bull run the past 5 weeks. Now is hitting an important psychological and technical resistance at 500. It might try to break it on the upcoming days but I think it's going to pull back hard soon. I'm already taking profits I have cash sitting there until new opportunities come. I still have some long positions but I'm mostly in cash. Also I'm...
The S&P 500's latest weekly close at 4971 reflects ongoing bullish momentum, positioned just below the upper Bollinger Band resistance of 5136.3. The market's resilience is further underscored by the MACD's positive divergence above its signal line. Looking down, the Simple Moving Average at 4854.7 serves as the pivotal support, reinforcing the trend's strength....
This is why the next 6-12 months in the markets are going to make zero sense.
2020 the FRED not only created money they injected so much unnecessary money that have they not enforced global lockdowns the "2022 mini bubble" would have looked like 2000.
Markets will follow and always adjust to debasement meaning your earnings / your P/E ratios are useless in...
SPY (S&P500 etf) has been in an uptrend for one year, and is currently seeking to create a higher-high pivot point in price action.
Weekly support levels are: $484, $477, $462.
Weekly resistance levels are: $502, $510, $517.
Livestream Announcement: My Livestreams will be postponed until approximately March 2024 due to covid illness. Thank you for following...
AMEX:SPY
Overall Trend: The SPY has been on an upward trend, as indicated by the upward-sloping blue trendline, signaling bullish momentum.
Candlesticks:
There is a mixture of bullish and bearish candles; however, the bullish candles have larger bodies, indicating stronger buying pressure.
The large white candlestick followed by a smaller one suggests...
USD: S&P 500 at 5000
US asset markets are having a good few weeks. Equity benchmarks are pushing up to fresh highs
and last night's US 10-year Treasury auction saw decent demand. Leading the charge in US
equities has been the big tech stocks. Just looking across the consensus price targets of the
'magnificent seven', the targets remain anywhere from 6% (AAPL) to...
TVC:SPX "I have set my target on the chart. If the support drops below 4684, the analysis will be canceled."
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Good luck
