GiftedInvestor

GiftedInvestor

Quick trade idea We've gotten a lot of selling pressure over the last 2 Days, and i see the possibility of it continuing one last day to end the week off. If you've noticed price action lately, we've been getting hundreds of points worth movement. And going into tomorrow, I believe we can get another Bullish move back up to the Daily Resistance at 32.5K then...

GiftedInvestor

Quick Trade Idea: Very clear we're in a Bullish Market, and I'm looking to see a continuation going into tomorrow. Here we have our Trend-Line that we've broken out of today, and a 4HR level at 35,285, around this price point you see we have an intersection of both the Trend-Line and Level we have straight across - I'm looking to see a reversal for the Bullish...

GiftedInvestor

Quick Trade Idea We've gotten another touch of the Daily Resistance at 34.570, and I see it still possibly giving another strong Bearish move again from here. Im looking for price to potentially go to 33.8k, and even further. If you go back and look at the recent price action we've had lately, its always been a strong move to the downside. Looking at chart...

GiftedInvestor

Quick update. This week has been BEARISH - and i see the possibility of the continuation of the move. I have two levels of interest that i see price possibly going to. 33,760 - Which is our Daily Level were approaching, and i believe price can drop here because of the Wick i have circled, which is a Potential Direction Wick. 33,550 - Which is our Daily Level...

GiftedInvestor

Quick update on Us30. Two resistance points we could possibly reach again going into tomorrow - and to finish the week off. I have a resistance marked straight across at 33.7K, with our Daily Resistance Trend-Line sitting just around 33.8K. So somewhere in this price range, ill be looking for selling positions. My first target would be back to 33.4K, and...

GiftedInvestor

Quick update on US30. We've seen price pickup bearish momentum, and i see the possibility of the continuation until we get to 32.5K - Which is our Monthly Support level. So there's a chance that we could get a Bullish reversal from here, along with the supporting downward Trend-Line that I have marked off. As you see once price reaches that Trend-Line we've...

GiftedInvestor

Update on US30. Building off of my recent post, we got the bearish move as i expected and even further beyond this Daily Support of 33.3K. I see the continuation of this trend possibly to 32.6K where i have marked off. Just today at the opening of this candle, we have a gap that's been created - which i have circled. This is one of many different reasons of why...

GiftedInvestor

Quick update on US30 We've gotten another bullish move starting from Thursday, and i see the possibility of this trend continuing but not for too long. Two possible resistance points - 34.3K, which I have marked looking at it from the Daily perspective. This is also a Weekly Timeframe level, and we've gotten many rejections from here and i wouldn't be...

GiftedInvestor

Quick update on US30 - We've had a continuation of the bullish move surprisingly. We're approaching two key price-points, one being this Resistance Trend-Line, The other being the 34.1K area which is our Monthly Resistance. With the intersection of the two, it makes me confident in believing we could get a reversal from this area, and possibly be the beginning of...

GiftedInvestor

Quick Idea I'm seeing. Even though there's been lots of bad news, and even many Bank failures we're still seeing a bullish movement in markets. And honestly i don't see it continuing for any longer. We're approaching a Daily Level at 34.4K, along with price also potentially reaching our Daily Resistance Trend-Line with these two alone I'm more than confident in...

GiftedInvestor

Quick trade idea. I see the possibility of price heading back up towards our resistance Trend-Line we have, which would also be near our Daily level at 32.5K. From here we could start to look for a reversal in price to start the next move of a bearish trend. This is just my personal opinion, Trade Safely!

GiftedInvestor

Trade idea I'm seeing looking at the 1HR Timeframe. Elaborating off of my most recent post, Fed did raise interest rated by another .25% and even being confluent with chart structure we did get a rejection from both the Daily Level & Daily Trend-line and pushed markets down. I see a possible continuation of the Bearish trend we have, and our supporting price...

GiftedInvestor

Quick trade idea going into tomorrow. And we have news coming out tomorrow (Fed's Interest Rate Decision) and the Fed is expected to raise interest rates by another 0.25% when the release its latest decision. Adding on top of many recent Big banks crashes, I do believe we can start to see another wave of a Bearish trend to the downside. And going off of my...

GiftedInvestor

Quick trade idea, i see two possible resistance points to reverse this bullish move we have now. Daily Resistance at 32.5K, or possible even rejecting off our Daily Resistance Trend-Line. Even though inflation has dropped with this report, i still believe the Fed still has plans to continue to try and raise interest rates, and Powell doesn't want to lose the...

GiftedInvestor

Our Daily Level we have at 34.4K was respected by price, and with raising interest rates, you could definitely see a continuation of the selling trend throughout the week. We had a great respect of the daily support at 32.6K, but were headed back to it now, and i see it possibly going beyond this support to our next Daily Support at 32.9k. This is just my...

GiftedInvestor

Quick trade idea, and building off my last post. Price respected out 32.5K Daily Support area. We're now at Daily Level straight across at 33.5K, and you see we have two possible trend-lines for for price to potentially reach, and looking at it from the weekly TF, if price breaks through this bottom trend line i see price potentially reaching our top trend line...

GiftedInvestor

Long overdue, but finally Bearish Reversal in markets have finally happened. I figured CPI would be the day of reversal, and if you've watched Dow Jones over some time you'd know once that change happens, it gives you a really strong move. And just from current price-point, I don't see any supporting structure to reverse this sell until we hit out 32.5K, which...

GiftedInvestor

Still going with the same approach for Us30 as mentioned in my previous posts. We have been ranging for some time now, and CPI Day did take us to my first Daily Resistance, and even just missed the Monthly Resistance I had marked off. I see buying opportunities still being presented, especially because we have been respecting the Daily Support Line I have marked...