TRADEPROAcademy

TRADEPROAcademy

Nike had a good earnings report this past quarter beating over 100% of the analysts' expectations on some strong volume too. We can see the potential of the break of the top on these higher lows as well. The current resistance is at $130-$131 where we have see the level get tested time and time again on strong bullish momentum and candles, meaning whoever is...

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Apple stock has been lagging compared to a lot of techs and it's influence on the Nasdaq market is pulling a lot of other stocks lower. We do have earnings coming up at the end of the month of October so that should be a very indicative sign of where this market wants to go. The 100-day EMA is super attractive for institutional buying and price is not far away...

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We saw that the tech market as a whole was downgraded by GS this morning. The big bank and financial institution recalled the over valuation of the tech sector as a whole, being the Nasdaq 100 essentially. Due to the massive TECH weighing on the index. Goldman Sachs downgraded the forecast and instead said money should been seen a return to value soon. Which by...

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TSLA has been the center of attention for the bulls and volatility for quite some time and it is forming a very interesting pattern that I cannot ignore. There are die hard TSLA fans there that believe in the company, there no real reason not to, and there are swing traders that love swinging it because it moves. It is due for a volatile move once again, should...

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Big Tech companies are looking really interesting, there is a lot of upside potential in the market and we could see the tech moves really help the rest of the market push up in terms of overall ETF indices. We have seen the lag of a lot of companies in the S&P 500 but this could be the return to value after the 15-20% drop in big tech. We have seen multiple...

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S&P 500 futures are the leading indicator of the market's health and where we could be headed. Currently we saw the market pop right off the support structure form the 100-day EMA where institutional buying started to come in again. There are 2 key levels we are watching for currently. The first is at the 3220 or so where the 100-day moving average and the...

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Amazon has seen some good upside recently, and that doesn't mean that cannot continue for the longer term. However, for the short term, we could see the stall of the most recent pop from 2,900 and the 100-day moving average and a retrace back down under that level along with the rest of the equity market into this Presidential election. Amazon does have long...

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Gold futures manage to drop through a key support structure as we anticipated and into the $1,855 level which is also the 100-day EMA. That is a key support level and prior broken top. The downside opened up on mediocre volume but so did the upside. We are now seeing a pullback as we enter the the $1,900 area. The prior broken low was the $1,920 area and now...

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The EV space is growing really fast! With TSLA at the helm so far it's seniority is not being questioned as the stock price stays very much afloat. Tesla so far is the leader and holds true to its product on the streets and continued delivery of cars. However, there are some car makers in the industry that are making a push like Chinas NIO. TSLA has been...

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Nasdaq was the leading index this year and we found out why pretty recently. The FAANG index was being propped up by nonother than SoftBank with a $5Bn options positions on big tech. SoftBank got their hands on OTM calls for big Tech which did a few things: 1) Forced the options market makers to hedge the position against them meaning they had to buy the...

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Gold markets got shaken up today and it just seems like the beginning of a slightly lower move in this market. Watching this futures market, we saw a recent low almost get tested at the $1,885 area today on a HUGE wick and got absorbed by buyers. That doesn't mean that this downside is over and done with and we can see gold back into the $2,000 area. There is...

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It's never easy to predict anything in the market. All we can do is look at the current events, information and make educated guesses and anticipate the move higher or lower. That is exactly what is done here! We are in a "pullback" area where the market is in a correction move right now where the S&P 500 (the economic index) is down about 7% from its all-time...

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Apple stock has been extremely interesting recently. We saw it reach a $2T market cap, split 4-1, reach new highs day after day and most recently drop 20% from an all-time high. All in less than a month. So the real question is, where can Apple go from here? There are two scenarios. It's difficult to say Apple will bottom out here or it will for sure keep...

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We saw that tech had led the majority of this rally, retail or not. the tech rally was the center of attention. Which is focused around the largest tech companies we all know. Facebook, Amazon, Netflix, Google, and Apple. Together they have a Market Cap of over $5.6Trillion. Making up over 35% of the Nasdaq Index. If we include the honorary FAANG member,...

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In recent activity, the COVID-19 outbreak has stirred the global economy and the S&P 500 is no different. We have seen a 33% decline from all-time highs and we could effectively say that the strong bull that started in 2009 and rallied 411% is effectively over. If we consider the trend line to be the turning point. The outbreak has stopped a lot of business from...

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In our last analysis, we were targetting $65.50+ on oil and we got our profit target with a little help from the increased Middle Eastern tensions. From there the news subsided for the most part (tensions still high) and everything was priced in. Causing Oil to regulate back down to the "normal" levels. Price plunged through all the immediate support levels....

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The DAX is finally catching up to the rest of the worlds equity markets. It's about 100 points away from the all-time high which is not a big distance for the German Index. The support structure at 13000 held extremely well and the buyers managed to bid the price up from there. The pop came fast and in a matter of days on strong volume. From here we could see a...

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Equity markets have been hitting all-time highs day after day throughout the world throughout the holidays. While the DAX has been somewhat of a lagger and has the potential to break into new highs and beyond based on structure, volume and more. So far over the holiday season has held up the structure on DAX well suggesting more upside, a new temporary high was...