I have analyzed the SPX using 2 common indicators; i.e. RSI and breadth above 200d SMA. A very similar setup was seen just before the 2018 correction and the 2020 crash. This recent rally of past 5 months is bigger and more irrational than the previous two rallies. Thus, we should expect a bigger move down over the long-term.
New World Capital - Article 7 FOREXCOM:US30 US30 is at a key level right now after triggering a lot of SL. We broke even on it and are waiting for the next opportunity around $37,000. If not, we will trade the consolidation at $38000 but not hold it for long as price is driven down.
Hello everyone. i want share my idea about Nikkei index. First i want introduce what is that index. Nikkei (Nikkei 225 stock average) is a price-weighted index which composed of Japan top 225 companies which traded on the Tokyo stock exchange. This index was long time almost 2 years in bullish trend but Japan government decide to take care for yen and they are...
Next move run to down, target 5 wave or 0.236 fibo (37750)
Hey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 38150 zone, US30 is trading in an uptrend and currently seems to be attempting to break it out. If we get dips below the 38150 support we will be looking for a potential retrace of the trend towards more lows. Trade safe, Joe.
compared to USI:TICK , SPX/NDX is maximally diverged as stocks consolidate most heavily. the difference between indices historically closes quickly, and daily consolidation may have begun to rally the market somewhat. the indices compared to all stocks up/down is beginning a daily bounce due to the amount of money that has gone back into risk assets as they...
The SPX500 has lost momentum since yesterday. If the hourly RSI remains below 50, we may see lower prices in the short-term. Keep an eye on the daily RSI because if that slips it will affect the higher time frame's momentum. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM...
here is a short outlook for bitcoin and the dxy appreciate the love and the chart views !!!!
Possible sell swing trade Confirmed trend line on 4H timeframe 5th touch on the line is a 61.8% retracement with a 161.8 projection Price will sell down to 4925 area perfect entry 5108.44 hold and watch for the next few days
AI has no moral code. It doesn't CARE. 50 retrace, rinse repeat 3 X. Black swan just off stage, waiting to take it. Currency wars, imbalance globally, Yen... does Japan save itself or the world economy, does the US come to their rescue and devalue dollar, stagflation is here, does FED lower rates, save the real estate industry the stock market and this...
IDENTIFying levels on us30 - 30 april 2024 waiting for price to reach previous major level , before looking for a selling opportuiniy
- The market still trades above a bullish trend line since mid-February 2024, strongly helped by a decreasing Pound Sterling. The mid-term trend is bullish for UK equities. - Since the 3rd impact on its bullish trendline at the end of last week, the market has rallied to an hall-time high above 8,000pts. Since the impact on the 8,200pts mark, we can notice a...
expecting a market maker buy model on nasdaq as it appears to be at the middle of the strongest and weakest between the three sisters
Possible Scenario: The market has reached a price level where it has previously found support, indicating buying pressure might be present again. This support zone could potentially halt the recent price decline and lead to a bounce towards 12800. Factors to Consider: Strength of the Support: How strong the support zone is depends on past price action. If the...
US30 BULLISH SETUP ENTRY 1.8 Risk reward setup The insituional smart money concept tactics if you like the trade hit the like button and show some love wish you good luck and good trading
DXY weekly chart looks too bullish which is very bad to the markets. Looking for short swing positions on QQQ and ES. DXY probably looking to hit 107+ range before retracing it back in next few weeks.
Gap Up Opening: If NIFTY opens above 22,700 and finds support around 22,680, it may climb to the levels of 22,795-22,800. Sustained momentum above 22,820 could push it towards 22,900. However, failure to hold above 22,580 might lead to a decline towards 22,559-22,522, acting as potential reversal zones. Further downside could target 22,360-22,330. Flat...
B Gap Up Opening above 49,600: If BANKNIFTY opens above 49,600, it may climb to 49,729 and 49,933 but could trade sideways to negative thereafter. Failure to sustain above 49,212 and trading below it could trigger short trades targeting 48,990, with potential further downside towards 48,609 before a potential recovery. Flat Opening: In the event of a flat...