FighterFan

FighterFan

Hi! After US Indices heading to a new high, we finally see some weakness in the market. It`s now one and a half hours till US Market opening. I am looking for further downwarts movement. If price reaches some interesting zones AND shows bullish strenght in the lower time frame, I will go long.

FighterFan

Todays the interest rate decision. Powell already signaled, that we will not cut rates too early (they already did that in 1970 and the inflation spiked then). With lasts weeks Consumer Price Index Inflation data (0.1% higher then expected), FED will most likely NOT CUT the interest rate today. Stocks will react on that by selling off (because interest rate stays...

FighterFan

US100 reached a nice price area, where it previously went short. As the overall uptrend is broken at the moment and price still seems weak, this could be a possible short entry. Monitor the lower time frame. if price is weakening and shows signs of a reversal, enter a short trade

FighterFan

Hi together! Nasdaq 100 is presenting a nice short opportunity. the uptrend is broken, and the price level which is now near, caused previous short moves. As always: monitor the lower time frame for the price aciton. short plays are dangerous in NQ, but this is a nice setup

FighterFan

Looking both for longs and shorts atm. Preferably even short. Market still looks weak. But you never know. always react and dont anticipate

FighterFan

Hi! Today CPI (inflation data) was published. The expectation was 3.1%, the real reading was 3.2%. Normally, if inflation rises, the dollar gets stronger and stocks weaken. But why is that so? To control inflation, central banks lift the interest rate. This causes people to bring their money to the bank to get interest revenue. Big players also do this. This...

FighterFan

After Fridays bear market, US100 is set for another bull run. Fridays little retracement was mostly led by NVDA loosing ground. But at the moment, theres no reason for stocks to continue its bearish movement. FED signals interest cuts are near FED officials signal, that they may cut intrest rates soon. This is additional buying power to stocks. Why? If theres...

FighterFan

Despite jobless claims being slightly higher then expected, US100 rose to yesterdays high. Price is showing fights now between buyers and sellers. If the level braks to the top (more likely) we will rather see new all time highs. If we break downwards at US market opening, we can expect lower levels to be targeted. All in all, this is a nice place for an entry....

FighterFan

After yesterdays tech stock weakness, buyers obviously bought the dip. The price is now at a rather interesting zone to continue falling. I would not look for big sell waves, bull market is still strong. But the weakness at the moment most likely will bring some more sellers. I am looking at yesterdays low as a target

FighterFan

Economic Data was not as bad as expected. Buying the dip is curretnly a good strategy on US Indices. I will wait for confirmation in the 1 Minute TF and will go long

FighterFan

I am shorting this one now. In the H4 and D1 the price shows weakness at an important make or break zone. As correlation I use the DXY Dollar Index which seems to be weak too