btcusd has broken a tightenting range bottom to the upside on 5-15 min timeframe if we test some area above that range and move higher or continue higher immediately we should see prices above 47250 soon
Purely technical based, I see a possibility of ETH dropping down all the way to $3000, unless we break out of the forming penant around $3400.
tqqq and the like should be good to hold until some point tommorow until its above 16474
if there is bullish continuation in the nasdaq cibr could hit the 53.5 area soon and if there is return to volatility cibr could revisit the 50.89 area
either were in for immediate continuation of the breakout pattern to above the 42 area or, if the nasdaq isnt doing as well, a pullback to revisit the 40.5 area
there will be a continued daily downtrend bqck below the 53 area, or a breakout to 54.5 levels
as long as we respect the 1-4 hr neckline, and we dont roll over breaking to new lows there are still lots of attractive areas of price above 4783 the bottom line is that calls are still cheap as long as we keep consolidating, so shooting for a intraday high above 4800 is a sound judgement this means quick profit can be taken as we snap back to higher prices on...
its pretty clear that setting a lower high on the hourly, especially around the left shoulders price, and breaking to new lows and closing 15 mins in bear territory would be a bearish pattern for s&p500 futures to put
two directions for the nasdaq either a hard drive to the upside before volatility returns, and subsequent melt up or theres another wave of increased volatility immediately, and there is a bounce off the same support area
multiple timeframes are showing oversold stoch, rsi and negative macd for dust 19.74 a target area for bounce
this is a dual forecast for volatility index futures derivative uvxy by the end of the week we may dip below the 13.89 area by fri, jan 7 '22 we may rise above the 14.5 area
es1! undergoing snap back to highs not seen since dec 23 increased volatility would be the natural position, even in bullish continuation both targets are equally valid essentially a topfishing play
could go either direction but falling support will be broken or rising resistance will break either way volatility will increase
if we form a lower high on the 15 minute timeframe this area in emini futures are a target for short selling
the worlds largest, most popular crypto currency is headed for a break of the 42.5 area or were headed back beneath the 34.5 region soon
Bank of America has already made a high and is starting to pull back.. Will be waiting until price gets to around 40.0 to enter long positions and calls on this play long term.
SBI Life Price Action Analysis bharathkumark@live.com
either clean energy is making an ernest rebound to the 71 area or the continued volatility will carry us back to the 64 area