BUY ABOVE - 5100 SL - 5088 TARGETS - 5110,5120,5135 SELL BELOW - 5081 SL - 5088 TARGETS - 5070,5057,5047 NO TRADE ZONE - 5081 to 5100 Previous Day High - 5110 Previous Day Low - 5081 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it...
BUY ABOVE - 5094 SL - 5079 TARGETS - 5108,5120,5135 SELL BELOW - 5079 SL - 5094 TARGETS - 5067,5057,5047 NO TRADE ZONE - 5079 to 5094 Previous Day High - 5094 Previous Day Low - 5039 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it...
I drew these pitchfork lines before Oct. 15, 2023 when I posted my last SPY idea, titled "SPY: strong bullish pitchfork analysis" (see related idea below). At that time SPY was 427.48. Now it's 470.80. SPY reached the top pitchfork line that I drew back in Oct. 15 last year and is at this time expected to fall further.
BUY ABOVE - 4980 SL - 4968 TARGETS - 4992,5000,5008 SELL BELOW - 4968 SL - 4980 TARGETS - 4958,4948,4940 NO TRADE ZONE - 4968 to 4980 Previous Day High - 4992 Previous Day Low - 4958 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it...
BUY ABOVE - 5030 SL - 5020 TARGETS - 5045,5060+ SELL BELOW - 5015 SL - 5020 TARGETS - 5008,5000,4992 NO TRADE ZONE - 5015 to 5030 Previous Day High - 5030 Previous Day Low - 5000 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will...
BUY ABOVE - 5000 SL - 4990 TARGETS - 5015,5030,5045 SELL BELOW - 4985 SL - 4995 TARGETS - 4975,4958,4940 NO TRADE ZONE - 4985 to 5000 Previous Day High - 5000 Previous Day Low - 4985 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it...
Risk Disclaimer: This is just a possible forecast that could be wrong and there is No advice for any Trading!...
All major 4 indexes are now under the Red TrapZone and The First retrace back into the TrapZone will be Key to see IF we start trending back down or not. Retrace is starting right about now!
DOW and Russel showed Buying in the few sessions in the LAST WEEK and today S&P500 and NASDAQ have joined in. UMVD or Unusual Market volume Detector is showing GREEN for all 4 Indices today. Also, US Market Strength Index (US MSI) is showing green in todays session. Now TREND IS STILL DOWN as seen with the Red TrapZones so, Bulls have a lot of work to do still.
If you ask anyone on the street, 'Do you think living expenses and food prices will be higher in a year or two from now?' 9 out of 10 will likely say 'Yes.' This means inflation is still a concern. Risk 1, U-turn in inflation. Risk 2, An expansion in geopolitical tension Risk 3, A delayed recession in 2024 Comex Gold Futures & Options Its Minimum...
Consistently harvesting positive gains is difficult. In markets where risks remain rife, that task gets harder. That’s where tactical hedging during periods of elevated risk help improve risk adjusted returns. Analyst forecasts are for US equity performance to be neutral to bullish in 2024. Some believe that returns are likely to be dragged lower given the...
DowJones is going to be in downtrend in next few days while dollar going to be stronger. Follow To Get More Signals. If you’re trader and looking for professional technical analysis advice for your trades, send us your case and we’ll serve you. Don’t be hesitate to contact us. Best Regards.
Brent oil is going down to 78.25$ after bullish turn few days ago. Follow To Get More Signals. If you’re trader and looking for professional technical analysis advice for your trades, send us your case and we’ll serve you. Don’t be hesitate to contact us. Best Regards.
Unfortunately eurusd had gone up to 1.08850 yesterday because of usd weakness, after reviewing chart eurusd probably will go down to 1.07425 again after green trend. Follow To Get More Signals.
Gold is going to continue it’s downtrend to 1870$ this month. After test this level we will review price levels and moves to detect next steps. Follow To Get New Signals.
S&P index is going to test 4170.75$ level this month, it’s now going down to this level. We will wait after testing this level to detect price moves.
Dow jones is green today and going to test resistance at 32230.
NASDAQ (US100) - The market has made a corrective move upwards in an ABC form. The larger trend correction can be termed as WXY with Y likely to end near the previous low (10,440), or possibly lower. The last high of 15930 needs to hold with price making lower lows from here onwards. This idea is based on the Elliott Wave Theory. Manage any trade/Investment with...