ShiftSwings

ShiftSwings

By the way, the cryptocurrency is displaying weakness on both the 1-hour chart and the daily chart. After the significant price surge to $30,000, we've observed a lackluster price performance. Currently, we are closing below the daily Fibonacci retracement level of 50%, and the week is coming to an end. If this trend persists and we continue to close below this...

ShiftSwings

An ascending triangle pattern has recently emerged in the shorter timeframes of Kogan (KGN) stock, suggesting an interesting technical development. Simultaneously, when we examine the weekly chart, we notice that KGN is currently trading just below the 50% Fibonacci retracement level. The convergence of these two factors presents a notable opportunity for...

ShiftSwings

"📈 SPX Daily Update 📊 The SPX daily chart remains resilient, maintaining its position above the crucial Fib .50%. Notably, it's still maintaining higher highs. The upcoming FOMC meeting this week holds the potential to act as a significant catalyst, influencing the market's future direction. Identical to NAS100 #NAS100 #StockMarketAnalysis #FOMC #MarketDirection...

ShiftSwings

"📈 NAS100 Daily Update 📊 The NAS100 daily chart remains resilient, maintaining its position above the crucial Fib .50%. Notably, it's still maintaining higher highs. The upcoming FOMC meeting this week holds the potential to act as a significant catalyst, influencing the market's future direction. #NAS100 #StockMarketAnalysis #FOMC #MarketDirection #FibonacciAnalysis"

ShiftSwings

Recent days have unveiled weakness in DXY. The current 4hr chart reveals a descending wedge pattern that has just broken downward. It's important to note that this might not lead to an immediate downturn but signifies the initial stages of a potential shift. 📉 Daily RSI displays a consistent bearish trend, suggesting divergence. A decisive breach of 104.378 could...

ShiftSwings

📈 ASX MDTUSDT Trade Analysis 📊 🎯 Buy Zone: $0.04448- $0.04598 🛑 Stop Loss: $0.04331 💰 Take Profit 1: $0.05423 💰 Take Profit 2: $0.06897 💰 Take Profit 3: $0.07264 💰 Take Profit 4: $0.08774 🚀 Join Our Trading Journey 📈 📣 Not Financial Advice, Just Our Trade 📣 #Crypto #TradingAnalysis #StockMarket #MDT #InvestingTips #TakeProfit #StopLoss #TradeSmart...

ShiftSwings

📈 ASX ZM Trade Analysis 📊 🎯 Buy Zone: $67 - $70.59 🛑 Stop Loss: $66.69 💰 Take Profit 1: $82 💰 Take Profit 2: $85 🚀 Join Our Trading Journey 📈 📣 Not Financial Advice, Just Our Trade 📣 #ASX #TradingAnalysis #StockMarket #ZM #InvestingTips #TakeProfit #StopLoss #TradeSmart #FinancialJourney #TradeWithConfidence #InvestmentOpportunity

ShiftSwings

ASX IEL Trade Analysis 📊 🎯 Buy Zone: $24- $24.68 🛑 Stop Loss: $23.88 💰 Take Profit 1: $27.40 💰 Take Profit 2: $28.97 🚀 Join Our Trading Journey 📈 📣 Not Financial Advice, Just Our Trade 📣

ShiftSwings

📈 ASX DMP Trade Analysis 📊 🎯 Buy Zone: $51.00 - $53.34 🛑 Stop Loss: $50.99 💰 Take Profit 1: $59.99 💰 Take Profit 2: $62.26 🚀 Join Our Trading Journey 📈 📣 Not Financial Advice, Just Our Trade 📣 #ASX #TradingAnalysis #StockMarket #DMP #InvestingTips #TakeProfit #StopLoss #TradeSmart #FinancialJourney #TradeWithConfidence #ASXDMP #InvestmentOpportunity

ShiftSwings

The ASX 200 Consumer Discretionary sector, represented by the XDJ index, is displaying a bullish outlook for the upcoming weeks. This optimism is reinforced by the recent close, which held above the 20-day moving average (20MA). However, considering yesterday's lackluster performance on Wall Street, we anticipate that today's trading session might experience...

ShiftSwings

Introduction: After a four-day downward trend, the ASX 200 Index is showing signs of a bullish resurgence. In this article, we will analyze the recent price action, key technical indicators, and the potential factors driving the market as it attempts to break out of a crucial resistance level. Breaking the Red Streak: Following four consecutive days of declines,...

ShiftSwings

Our Comprehensive Analysis of DXY and the Anticipated Developments in the Coming Weeks to Months The U.S. Dollar Index (DXY) has recently exhibited a notable breakout beyond its weekly resistance trendline, a move that has raised questions about its sustainability. In our assessment, this breakout could potentially be a false one, and its fate hinges on the...

ShiftSwings

"Nasdaq Analysis and Outlook At present, the Nasdaq index is traversing within a well-defined channel, and it has been consistently establishing higher lows within this trend. We interpret this pattern as a macro accumulation phase, setting the stage for a potential Santa rally or a strong performance in Q1 2024. In the earlier part of 2023, the Nasdaq...

ShiftSwings

"ASX 200 Analysis and Outlook We hold the view that the ASX 200 has been in a bull market since October 2022. Currently, we find ourselves in an accumulation phase, although we remain cautious and withhold confirmation of higher prices until we witness a decisive break above the 7313 price level. Key Observations: 1. **Optimism Amidst Recent Close**: While last...

ShiftSwings

"SPX Analysis and Outlook The S&P 500 index (SPX) shares a similar outlook with the Nasdaq as it operates within a well-defined channel, demonstrating a consistent pattern of establishing higher lows. This pattern suggests a macro accumulation phase is in progress, potentially paving the way for a 'Santa rally' or a robust performance in Q1 2024. The early part...

ShiftSwings

Our comprehensive analysis points towards a bullish outlook for AZJ, underpinned by several notable factors: 1. **Weekly Overhead Trendline**: It's crucial to acknowledge that AZJ is presently trading below its established weekly trendline, signifying a bearish trend. Consequently, this market condition lends itself more to short-term trading strategies rather...

ShiftSwings

Our analysis indicates a bullish outlook for BTCUSD, supported by several significant factors: 1. Weekly Trendline: It's important to note that the asset is currently trading below its established weekly trendline, signaling a bearish trend. This market condition is suitable for short-term trading strategies rather than long-term investments. 2. Strong Support...

ShiftSwings

"Long Position on MKRUSDT We're currently observing a bullish scenario for MKRUSDT with several key factors supporting our position: 1. Trading above Trendline: The asset is currently trading above its established trendline, indicating positive momentum in the market. 2. Strong Support at .5 Fib Level: MKRUSDT is holding strong above the .5 Fibonacci...