In order to assess whether it is a good time to increase exposure to riskier assets such as equities, institutional traders often use correlation tools and inter-market analysis. Depending on the macro environment (uncertainties, market drivers, monetary narratives), traders periodically assess their exposure between offensive and defensive values (Risk-on vs...
SP500 reached a strong reversal area where price reacted in the previous week. I was expecting a little pump in my previous ideas, and honestly i wasn't expecting it to rise so much. But i am holding my short trades and i am adding more here, consider i expect a selloff this month. First target the support zone at 4990
The S&P 500 (US500) is rising towards the pivot. Could this index potentially reverse off this level to drop towards the 1st support? Pivot: 5,203.08 1st Support: 5,122.82 1st Resistance: 5,248.37 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...
Hey my fellow traders! How's it go? Hope all of you are careful out there and making profits $$$. Some of you might be getting overwhelmed by some choppiness and rumors coming from all directions. I will do my best to share my spin on what I see on the charts and give some of you a perspective you might not have visited yet. Let's take one bite at a time so...
All the major US stock indices were firmer on Tuesday, building on gains from the latter half of last week. Investors were relieved to wave goodbye to April which proved to be an unsettling one in terms of increased volatility. Sentiment soured significantly last month, following an uninterrupted rally since the end of October. But US stock indices have had a...
The foreign exchange market (Forex) is a global, decentralized financial market where traders buy and sell currencies. It is the largest and most liquid market in the world, with an average daily trading volume of over $6.6 trillion. There are many reasons why the Forex market is popular with traders: High liquidity : Due to the huge trading volume, traders can...
ANALYSIS ON FED STANCE Powell has consistently indicated that interest rate decisions would hinge on economic data, a stance reaffirmed by the unchanged rates in the latest policy announcement. Despite the Fed's clarification that rate cuts are unlikely until there is more certainty that inflation is consistently heading towards the 2% target, some still question...
Everyone senses there is something coming, but nobody knows what it is. Regardless the markets will correct massively, technically because we haven't had a 0.61 fib correction in a decade, secondly because the bags are too heavy and everyone is bagholding, we need to shake those who call themselves diamond hands at +50% price discounts, i.e. cheaper...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
Today, the chart formed a big bearish candlestick and I personally preferred to close all positions. Is the chart going to touch 4820-4800? I hope not. For now, I will watch the market until I am sure of the upward trend of the market.
Follow-up to my previous 5137 Top Call (click). Markets appear to be retracing finally. This could be just the start of correction. Minimum next leg depicted goes to 4900-ish. $ 5109-5137 is major resistance that may be retested. $ 5044-5049 a minor support that will hopefully bounce. $ 4896-4924 is next major support and BEST GUESS...
Bearish Flag on S&P (340 Points possible!) Resistance at 5150/5170. It's 0.618 Fib Retracement from 1st April highs. A perfect ratio for a flag. TDI is at 51 level. It's movement below the MA (yellow) and the trendline will confirm the downside momentum. SL over Resistance level at 5170/5175 or opt. over the 0.786 Fib level at ca. 5210. Target at the 0.382 Fib...
Everywhere I look I'm seeing talk of a "new bull market" But I don't think this is a new bull market I think we are getting a visit from a distant relative: Ole' Cousin Bear Market Rally Why do I think this? Well, typical of "family", the members within share common attributes In the next post we will talk about what some of those common attributes are in detail
Here is our detailed technical review for SPX500USD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 5188.9. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5282.3 level. P.S Please, note that...
To assess whether now is a good time to increase exposure to risky assets such as stocks, institutional traders often use relevant tools and inter-market analysis. Based on the macro environment (uncertainty, market drivers, currency narrative), traders regularly assess their exposure between offensive and defensive values (risk on vs risk off). One of the...
The SPX500 has moved into an area where there is overhead resistance. If the short-term momentum holds with the stochastic remaining in its upper quartile, the index should overcome the resistance. However, a swift turnaround in the stochastic will see the overhead resistance holding out. This video is intended for the users of Stratos Markets Limited, Stratos...
Tomorrow's Trading Range for 5.9.24 and all of the levels going through it.
Hello I have decided to share this chart as simp,e as I can because I just want to mention its markings. There is an alternative counting for this charrt that say this last upward trend was wave 5 (Primary) and then bearish market will start. I do not want to be dogmatic but it is not so possible because : - wave 4 primary corrected more than what I can accept it...