S&P500: By the book again? Classic technical analysis! Literally a school of technical analysis! In its last 3 attempts, the index tried to break the resistance level while MACD shows 'the cross' (the blue line dropped below the orange one which indicates a change in the trend) and led the market to another down-trend period of several weeks. As you can...
SPY reached a support pitchfork line, if it doesn't bounce back soon, it may fall to the next support line around 370.
i have seen the major sectors, and major blue chip stocks, there charts, based on there current positions, and those particualr sectors and stocks's weightage, i have come up with nifty's shorting. NIFTY WILL FALL ABOUT 2.5-3%. since its been a little overvalued, it needs to get a correction. now recently it gave its ATH, and a pullback from it, there on, its...
Saw the red line! It is now hit the 4th time by the market. Although oil has come down from 130 to 80 USD per barrel giving some relief to the oil-dependent economies and inflation is also in a downtrend, the problem is worse and deeper. This alarming deeper problem is US debt which is now 137% of the GDP. Imagine it was hardly 67% in 2008 during the financial...
Current reading of our risk model is low risk. Swing-traders can increase their exposure applying the concept of progressive exposure. Some details: Our risk model considers technical indicators, psychological / contrarian indicators and most importantly, the performance of stocks on our watchlists and in our portfolio. By doing that, we can define if our...
MAKET LOOKS PURE BULL 4200 IS MONTHLY TARGET options price will move more volatile
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Heatmap SP500 One may get concerned about the relatively red looking Heatmap from yesterdays' session. Don't bee too concerned! Let's take a deeper look into what happened yesterday: Nasdaq Makes A Normal-Looking Pullback The Nasdaq, having rallied as much as 11% in the prior four sessions, seemed all but destined for a pullback. That's exactly what...
US recession over(analysis in link section). MANY FII BUYING AND DII SELLING ARE COMING IN THE MARKET!! In previous days, markets where net rising only, but still we could see a lot of selling, from DII side. many FII are steping in. and due to gap ups, the markets are closing in positives. we could see the M AND W pattern are completed, anf there could now be a...
Play the rebound on the first T.P if you don't want too much risk or you can even go higher to the second T.P with less probability to touch this level of price !
Our proprietary risk model for the US market changed to GREEN giving swing-traders a green signal to increase their exposure. Most technical indicators in our risk model improved versus last week and are now showing a green or al leaset a yellow light. Contrarian / psychological indicators like the bulls vs bear indicator are well in a range which would support a...
Well there it goes.. News to bring up the S&P.. BUT now its up to you to decide do I exit or do I not exit... I would much rather do the former. Take gains at early resistance.
US Market Update The U.S. midterm elections won't have an official conclusion for quite some time. Meanwhile, investors are facing questions about what Thursday's latest inflation report means for the path of interest rates. The general reaction toward corporate third-quarter earnings has been poor. This puts the durability of the latest rally attempt during...
30 min time frame. used Fibonacci to draw (ABC) correction waves. this days, US markets are been a lot volatile. LET ME KEEP MY OPINION OF WHY MARKETS ARE VOLATILE: SINCE MANY OF THEM THINK THAT US INFLATION HAS REACHED ITS PEAK, AND ON THE FLIP SIDE MANY OTHERS THINK IT YET MORE NEEDS TO TRAVEL UP. this basically is causing a lot of volume in the markets. bulls...
OXY would be more advantage here as majority o&g QR was positive. Its QR will announced on the 9th Nov & current price looks supported too.
NASDAQ Heatmap for last week The heatmap for last week tells the full story – it has been a tough week for the US stock market. Tech Giants like GOOGL, AMZN, AAPL and TSLA being down 6% or more for the week. Selected smaller Caps, especially in the Healthcare Sector could make some gains. Stock Market manages to recover after a significant sell-off following...
Stock Market Extends Losses Ahead Of Jobs Report - Tech Giants Continue To Struggle The stock market ended lower ahead of Friday's jobs report, as the major stock indexes continued to fall after Wednesday's Fed-fueled sell-off. Tech titans continue to suffer severe losses. Jobs Report, Treasury Yields Friday's jobs report is already predicted to be the...
According to the Fibonacci and parallel channel trend lines, I expect to witness another fakeout before Nasdaq falls hard again. We can go with good risk reward on this one 1:6. Share the idea with all of your friends, let them enjoy it too