✅SPY price grew again to retest the resistance of 480.00$ But it is a strong key level So I think that there is a high chance That we will see a bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Technical Analysis and Outlook: During this week's trading session, the S&P 500 index exhibited remarkable strength, with consistent price momentum throughout. The index managed to surpass our Key Resistance level of 4639 and Inner Index Rally level of 4647, finally resting at the completion of Inner Index Rally level of 4713. Looking ahead, the following two...
XOM has been trading inside a Rectangle pattern since the October 11th 2022 low and just last week the 1D RSI got oversold below 30.000. Now the 1D technical outlook is neutral (RSI = 46.595, MACD = -1.790, ADX = 43.208) but that oversold level was the first buy signal as it took place very close to the Rectangle's bottom. The second and final validation buy...
NASDAQ:QQQ is testing the upside resistance to confirm the fifth wave finished
Dear Esteemed Members, TSLA is mostly bearish within the resistance of the red triangle. As long as it remains below the trendline, bears can enjoy better risk-reward ratios. Some traders wait out the price's rejection at the falling line to open their short positions. Others wait for a confirmed breakout through the resistance to open a long position. Now, both...
Wait for pullback around 7.2 to 7.5 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein....
Hello traders! If the price breaks the 1.10200 level, then we have a buy move at the 1.11000 level. If the price drops below 1.0970, then we will have a sell movement at the level of 1.07500. Be patient and wait for the breakout to enter the trade. Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
There has been a very good year for Tesla with the stock starting the year at 100 and reaching a high of 300 in summer. A correction followed, but even if the ascending trend line was broken with a gap in October, Tesla found a very strong floor in the 200 region and rebounded, giving us a very nice bullish chart for the year. Technically, the drop from 300 is...
Just an update from the original post. Still working to the T! Said it would bounce off 450s 3wks prior to the move then said its going to 540 1st stop... I will update again when it hits the target. Don't tell me nothing about the market being rigged or random.... Who can do it better?
Tesla (TSLA) broke today for the first time and even closed the 1D candle above the Lower Highs that started on the July 19 High. After 4 months of the bearish trend of this Falling Wedge pattern, today's move is a major bullish break-out for the long term as it opens the way for testing the All Time High (ATH) by mid 2024. At the same time, the 1D CCI broke...
JPM may be overbought on the 1D technical outlook (RSI = 82.199, MACD = 3.72, ADX = 70.645) but is extending the bullish leg of the 14 month Channel Up. It sits comfortably over its middle and calls for an extension. We will enter on the closing of the first red 1D candle and target the 1.618 Fibonacci extension (TP = 174.00), which was the December 1st 2022...
The Dollar index has taken a tumble today. Instead of breaking above the neck line of the inverted head and shoulders pattern, the DXY rejected hard off of it, sending the value of the dollar vs other currencies down, in a big way. FOREX pairs are going nuts today, so if you are trading EUR/USD, AUS/USD, or other currency pairs, good for you! The stock market...
The AMEX:SPY is underperforming AMEX:RSP (equal weight SP:SPX ). This means that underperformers could very well pick up the slack & outperform the Big 7 going forward. They have been performing well. The Volatility Index TVC:VIX is down on the day BUT up from open. Will the moving avg's push it lower or do we get some sort of support here? This is a...
Everything is set for a big jump (fundamental and technical) The chart says for itself, not much to tell really
After getting destroyed and dropping like a #Crypto The chart has showed relative strength and formed a Bullish CUP & HANDLE Some stocks will probably not survive these market conditions in the next couple years, which is healthy So look for signs of strength vs the broader market
custodial paper vs bearer asset quantitative easing vs austrian economics DTCC vs #Blockchain Wall St vs Main st Corporations vs Fat protocol 20th century vs 21st century Interesting double bottom / W forming But it gives us a powerful clue for the coming year or two
Fashionable Analysis of CVS Stock Trends: A Parabolic Turn on the Horizon Introduction: In the realm of financial fashion, CVS stock is set to make a stylish entrance with a parabolic turn, showcasing a strong formation on the 4D timeframe. This trend is marked by the elegant falling wedge pattern and the chic double bottom overlapping patterns, following a...