The SPX500USD is currently in a favorable buying zone at 5048. Traders are eyeing potential profits at multiple levels: 5077.2, 5102.1, and 5118.8. These take-profit targets indicate strategic points where traders anticipate the price to reach, capitalizing on potential market movements. Additionally, a stop-loss order is set at 5019.1, serving as a precautionary...
In this analysis we breakdown certain inflation measures that can aid us in capitalizing on longer term trends in various asset classes. The Baltic Dry Index or BDI gives us a real world view of shipping costs. The Index is a measure of the cost to move commodities by the Sea. Therefore, It's a leading indicator for the demand of commodities around the world. The...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
Yesterday's FOMC meeting concluded with a decision to keep the monetary policy unchanged, leaving the federal funds rate at 5.25% to 5.5%. During the subsequent press conference, Jerome Powell outlined the solid state of the economy alongside heightened inflationary pressures. Notably, he disclosed plans to commence with the reduction in quantitative tightening...
This is a short-term outlook on the S&P500 (SPX) following yesterday's Fed Rate Decision. The short-term pattern on the 4H time-frame is a Channel Up and is giving us some important developments. Even though yesterday's attempt to stay above the 4H MA50 (blue trend-line) failed, the index managed to stay on the Channel Up bottom (Higher Lows trend-line) and is...
Rally was short and sweet. Got 0.50. Fibo. Meta cracked it. Was fading all day already after the morning pump; just three up days. C legs typically extend farther and give a 1.62 extension, capitulation and panic prevail. May will be Bearish, at least to start, imo. Need to watch this correction carefully to gauge whether it takes ABC form or a more sinister...
BUY ABOVE - 22600 SL - 22550 TARGETS - 22660,22710,22780 SELL BELOW - 22550 SL - 22600 TARGETS - 22510,22470,22430 NO TRADE ZONE - 22550 to 22600 Previous Day High - 22780 Previous Day Low - 22550 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Hi Traders ! On The Daily Time Frame: The Dollar Index Formed a Double TOP Pattern. The Neckline is Broken ! So, I Expect a Bearish Move 📉. __________ TARGET: 105.000🎯
BUY ABOVE - 49480 SL - 49250 TARGETS - 49670,49850,50000 SELL BELOW - 49250 SL - 49480 TARGETS - 49020,48800,48630 NO TRADE ZONE - 49250 to 49480 Previous Day High - 50000 Previous Day Low - 49250 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
The SPX has rallied approximately 3.5% since its lows on 19th April 2024 and well into the two-day FOMC meeting that kicks off today. In line with general market expectations, we do not anticipate any change to the central bank’s monetary policy, and just like on previous occasions, we expect Jerome Powell to reiterate the FED’s commitment to fighting inflation...
SPX500 went down sharply And the SPX is locally oversold So as we are already seeing a Bullish rebound from the Horizontal support level of 5015 A further move up is to be expected !
Based on the above daily chart, I am making a bold prediction that the HSI has bottomed in Jan 2024. We can see clearly the breakout from the daily chart. What's important is the support level at 16,194, a critical support level that must be maintained ! I will be slowly accumulating this index . Also, watching banks stocks and some tech stocks as well. Please DYODD.
Hello Traders and welcome back to another Video analysis. We break down the relationship amongst different asset classes when gauging market sentiment. In particular, how to analyze market direction on the Nasdaq 100 by looking at the Volatility and Dollar Indexes. We combine this sentiment analysis with candlesticks, and how they leave clues for us when...
When the VIX drops below $12, it's time to consider a cautious approach. Instead of jumping in headfirst, I gradually enter long positions in UVIX and UVXY calls over the course of one week to several months, while directly holding onto VIX, UVIX, and UVXY. Past experiences with mistimed UVXY Long Calls, particularly during the pre and post-COVID periods, have...
Gap Up Opening: If NIFTY opens above 22700, watch for potential rejection around 22737. A decline below 22675 could signal a drop towards 22550 – 22536 – 22469. Conversely, sustaining above 22740 may lead to levels around 22800 and potentially 22891. Flat Opening: In case of a flat opening and a move towards 22675 followed by rejection, consider short trades...
NAS100 shows signs of rejection on the retest of the trendline. This development serves as confirmation to initiate a trade. TP and SL levels have been identified. Always follow risk management, ensuring exposure does not exceed one percent of the total portfolio.
Nasdaq (NDX) started the week on a bearish not and is correcting the last 1W candle, only a few hours left before the Fed Rate Decision. This is fundamentally the game changer for stocks, any hint towards cuts in the near future should have a strong positive effect on the markets. Technically though, the long-term Channel Up pattern that started on the December...
After the conclusion of yesterday's FOMC meeting, the US30 index initially experienced a bullish surge, only to retrace back to its pre-announcement levels shortly thereafter. Within this movement, a notable observation was the emergence of a Fibonacci Volume Gap (FVG) area, particularly evident around the 50% retracement level of the preceding bullish impulse....