S&P 500 - the bull run continue thanks to chips rally..S&P 500 - the bull run continue thanks to chips rally.. by tzemengter0
Heading into pullback resistance, could it reverse?DAX40 (DE40) is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support. Pivot: 18,700.48 1st Support: 18,517.05 1st Resistance: 18,808.45 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.DShortby ICmarkets0
Dow Jones Bull Market Cycle 154,000 By Year 2042After going over the Log chart of the monthly on Dow Jones, I have noticed some eerily patterns. Each bull run at the low after the bear market from the next high of the next bear market has ALL been exactly 396 months each. Each bull run has also been about a 2,200% gain from its low. Using just these two data points projected, I have gotten 154,000 as the price point and the year 2042 as the top of the next bear market At 39,000 price right now and the year 2024, that gives us another 115,000 points and 18 years left of upside bullishness in this run. One thing I have also noticed is the bear markets are getting shorter and shorter in length. First Bear 1929 we had a V top Second Bear 1965-1982 we had a 5 top Third Bear 2000-2009 we had a double top Fourth Bear 2042-2050ish, what will we have then? Another V top like 1929 to celebrate over 100 years of that crash.Longby travis18haneyUpdated 0
SPX Nearing Correction for Minuette Wave 4 At any moment, SPX should begin declining for minuette wave 4 as prices are approaching the end of a fifth wave on three different degrees of trend. Because wave 2 was a double zigzag, wave 4 is likely to be a flat or triangle. Shortby epistemophiliac1
gold and us dollar adjusted for inflationRemember, this is what #gold tracks. gold and us dollar adjusted for inflationby Badcharts0
2024-06-12 - a daily price action after hour update - daxGood Evening and I hope you are well. comment: Broad bear channel lives on. Bulls printed a big bullish bar closing at it’s high today, right above the daily ema. Today was bullish enough to expect another leg up to at least 18700/18800. current market cycle: trading range key levels: 18300 - 18800 bull case: Globex made the low of the day and bulls actually stayed below 18500 but the CPI print lifted everything up, so they got their spike to 18670. Bulls want at least to touch the upper bear trend line around 18750 tomorrow. 1h 20ema should be support. Invalidation is below 18550. bear case: Bears kept it below 18500 which was decent but CPI made them give up. I do think they won’t try to sell this until we get to the upper bear trend line and depending on how strong we move up there, they might not step in until 18800. Invalidation is above 18700. short term: If we stay above 18600, it’s max bullishness, until bears get below the 1h 20ema. Below 18500 it get’s bearish again. medium-long term: My long term outlook stays bearish and I expect at least a -20% correction in 2024. Medium term is 17100 while I think we can touch the big bull trend line starting 2022-10 around 16700 in 2024. —unchanged current swing trade: None trade of the day: Bull trend since Globex. Not a single 1h bar close below the 1h 20ema.Longby priceactiontds0
Fibonacci and Trendline resistance stopping Nifty.Last 4 days the fibonacci resistance and the trend line resistance are stopping Nifty from going ahead and growing ahead. This resistance is at 23338. If we get a closing above this level doors for the next Fibonacci resistance and target will open. In that case Nifty can reach 23450, 23542 or even 23897. In case the resistance acts and blocks Nifty from going further the support levels will be at 23205, 23060, 22772 and 22555 (50 Days EMA, Mother Line). Below this zone Bears will get some power and can drag Nifty to 22146, 21825, 21355 (200 Days EMA, Father Line) or even 21282. Let us see how US FED Pause is taken by the market tomorrow. There is also a talk by FED 1 rate cut during 2024. Nasdaq as of Now is positive indicating rally in IT continuing a little bit but let us see how it goes. by Happy_Candles_Investment0
Please seize this chance to change your fate and make you rich!Hello guys, last Friday, I told many friends that the market is about to experience a volatility. If you are not sure, it is better not to trade and spend time with your family. However, many friends did not listen to my advice and suffered huge losses or burned their accounts. Today, I tell you again that the market is about to experience another very big volatility. If you don’t want to ruin everything in this volatility, I still suggest you close your trades. But this is also a huge opportunity for us, because we know the inside information in advance, and we will make more than 500% profit in the next market volatility. If you want to join, please do not hesitate to contact me, I will help you get the biggest profit!by Thebesttrader-YUpdated 1
BANK NIFTY INTRADAY LEVELS FOR 13 JUNE 2024BUY ABOVE - 49890 SL - 49670 TARGETS - 50100,50250,50550 SELL BELOW - 49670 SL - 49890 TARGETS - 49530,49290,49050 NO TRADE ZONE - 49690 to 49890 Previous Day High - 50250 Previous Day Low - 49690 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 support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍by Jagadheesh_JP2
NIFTY INTRADAY LEVELS FOR 13 JUNE 2024BUY ABOVE - 23400 SL - 23370 TARGETS - 23500,23600,23700 SELL BELOW - 23300 SL - 23370 TARGETS - 23230,23150,23080 NO TRADE ZONE - 23300 to 23440 Previous Day High - 23440 Previous Day Low - 23300 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 support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍by Jagadheesh_JP2
FED pivots the stock market dumpsWe have 6 months at most to have a fun bullrun before the sea of red comesby MosDCA0
DxAfter cpi , clearly down for dx Time to correction This is not a financial advice dyorr EnjoyyShortby jupitertradeUpdated 1
Trade plan for tomorrow BNAKNIFTY important/Intraday levels.Trade plan for tomorrow. BNAKNIFTY important/Intraday levels. No Price Action No Support and Resistance No Indicators No Moving Averages Not Gann levels These levels are purely based on mathematics. If it is useful please leave your comment.04:40by iSmarTechTelugu0
BANKNIFTY : Trading Levels and Plan for 13-Jun-2024Key Levels: Resistance for New High: 51,199.70 Resistance Zone: 50,460.00 - 50,531.00 First Resistance at BoS: 50,246.00 - 50,315.00 No Trade Zone: 49,679.00 - 49,878.00 Buyer's Support for Reversal: 49,337.00 - 49,442.00 Support Level: 48,654.30 Opening Scenarios: Gap Up Opening (+150 points): If opening above 50,460.00: Watch for resistance at 50,531.00. If it breaks this level with strong momentum, target 51,199.70. If unable to sustain, consider shorting towards 50,315.00. If opening within 50,246.00 - 50,315.00 range: Monitor price action. Potential for short-term pullback to 49,878.00 (top of No Trade Zone) or a breakout above 50,315.00 towards 50,460.00. If opening within 49,878.00 - 50,246.00: Consider this as the "No Trade Zone." Wait for clear direction either above 50,246.00 for long positions or below 49,878.00 for short positions. Gap Down Opening (-150 points): If opening within 49,337.00 - 49,442.00 range: Watch for buyer’s support. If it holds, consider long positions targeting 49,679.00 - 49,878.00. If this support fails, the next level to watch is 48,654.30. If opening below 49,337.00: Consider short positions targeting 48,654.30. Watch for potential reversal signals at this strong support level. If opening within 49,442.00 - 49,679.00 range: Monitor for consolidation. Break above 49,679.00 suggests targeting 49,878.00 and potentially higher. Failure to sustain above 49,442.00 may lead to retest of lower support at 49,337.00. Flat Opening (within No Trade Zone): Between 49,679.00 and 49,878.00: Avoid trading immediately. Wait for a clear breakout above 49,878.00 for long positions targeting 50,246.00 or breakdown below 49,679.00 for short positions targeting 49,442.00. Summary: Long Positions: Look for opportunities above 50,315.00 towards 50,460.00 and 50,531.00. Breakout above 50,531.00 targets 51,199.70. Short Positions: Consider below 49,679.00 targeting 49,442.00 and 49,337.00. Further downside expected below 49,337.00 towards 48,654.30. No Trade Zone: Exercise caution and avoid trades within 49,679.00 - 49,878.00. Conclusion: The market presents clear trading opportunities based on the key levels. Adhering to the plan and monitoring price action at these critical levels will provide profitable trade setups. Adjust positions according to the opening scenarios and be ready to react to market conditions. Disclaimer: This trading plan is for educational purposes only and should not be considered as financial advice. Trading in financial markets involves risk, and it is essential to perform your own research and consult with a certified financial advisor before making any trading decisions.Shortby LiveTradingBox0
NIFTY : Trading Levels and Plan for 13-Jun-2024Key Levels: Profit Booking Level: 23,542.00 First Resistance Zone: 23,449.00 - 23,473.00 Opening Sideways Zone: 23,256.00 - 23,324.00 Buyer's Support for Reversal: 23,143.00 - 23,177.00 Last Support for Intraday: 23,060.00 Opening Scenarios: Gap Up Opening (+100 points): If opening above 23,473.00: Watch for resistance near 23,542.00. If it breaks this level with strong momentum, there is potential for further upward movement. If unable to sustain, consider shorting towards 23,449.00. If opening within 23,368.61 - 23,449.00 range: Monitor price action. A breakout above 23,449.00 targets 23,473.00 and potentially 23,542.00. If unable to break 23,449.00, expect a pullback to the Opening Sideways Zone. If opening within 23,324.00 - 23,368.61 range: Consider this as part of the Opening Sideways Zone. Wait for clear direction either above 23,368.61 for long positions or below 23,324.00 for short positions. Gap Down Opening (-100 points): If opening within 23,143.00 - 23,177.00 range: Watch for buyer’s support. If it holds, consider long positions targeting 23,256.00 - 23,324.00. If this support fails, the next level to watch is 23,060.00. If opening below 23,143.00: Consider short positions targeting 23,060.00. Watch for potential reversal signals at this strong support level. If opening within 23,177.00 - 23,256.00 range: Monitor for consolidation. Break above 23,256.00 suggests targeting 23,324.00 and potentially higher. Failure to sustain above 23,177.00 may lead to a retest of lower support at 23,143.00. Flat Opening (within Opening Sideways Zone): Between 23,256.00 and 23,324.00: Avoid trading immediately. Wait for a clear breakout above 23,324.00 for long positions targeting 23,368.61 or breakdown below 23,256.00 for short positions targeting 23,177.00. Summary: Long Positions: Look for opportunities above 23,368.61 towards 23,449.00 and 23,473.00. Breakout above 23,473.00 targets 23,542.00. Short Positions: Consider below 23,256.00 targeting 23,177.00 and 23,143.00. Further downside expected below 23,143.00 towards 23,060.00. Opening Sideways Zone: Exercise caution and avoid trades within 23,256.00 - 23,324.00. Conclusion: The market presents clear trading opportunities based on the key levels. Adhering to the plan and monitoring price action at these critical levels will provide profitable trade setups. Adjust positions according to the opening scenarios and be ready to react to market conditions. Disclaimer: This trading plan is for educational purposes only and should not be considered as financial advice. Trading in financial markets involves risk, and it is essential to perform your own research and consult with a certified financial advisor before making any trading decisions.Shortby LiveTradingBox0
Nifty future prediction high low with time and dateNifty forecast high low with time stamps. nifty is in high trend from here it can go near 23800 where trendline resistance it will face and may get reverse trend from there....and time is near 14 june of high wave ending....after that its downtrend will start and near 26 june Nifty can hit low 21200 or so according to trendline....so be prepare friends Longby k3103delhi0
SENSEX S/R for 13/6/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh0
BANK NIFTY S/R for 13/6/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh0
10 year T Bond Yield & Dollar10 year yield at 4.26% DXY at 104 Corelation lately 0.5 Overall interest rates should head lower ( though not below 4%) , hence the demise of Dollar is over hyped.by SWFguy0
US 30 - Ranges overview (update)The market is currently retracing back so let's see how we play from here. Will be looking to see how we react around the 4H OB (red line) IF we hold it and don't close below the lows expect the market to hunt the buyside liquidity IF fail to hold the OB expect some aggressive pa towards the sellside resting around 38645 Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. by Patrick27070
SP500 : BULL TRADERS CHEER ON REASSURING CPI FIGURES- The market has been trading inside a bullish channel since mid-April ; the mid-term trend is then bullish. - Since the beginning of June, and another impact over the lower bound of the mid-term bullish channel, bulls have taken control of the market and ended a 7-days long correction. The market has registered a sharp rebound over that zone, driven by hopes of reassuring inflation data in the US, after initial dovish bets from investors have been played down during the last FOMC meetings. A short consolidation phase has also taken place between the 5th and the 11th of June, as investors were bracing for both US CPI data as well as the next decision on rates from the FED. Today's surprisingly good inflation print in the US has sparked a bullish catalyst over many benchmarks around the world, including the S&P500. Indeed, the fact price pressure is decreasing more than anticipated has revived hopes of a more dovish approach from the FED, which mechanically supports equity markets and pressures the US Dollar. Investors will cautiously monitor this evening's FOMC meeting, with FED Chairman Powell's speech as the main event, in an attempt to assess what could be the central bank's projection for the next quarters. But meanwhile, investors keep on cheering on the downtrend showed by the latest inflation data, which is seen as a major market driver for equity traders. Both moving averages are in bullish configuration, and the DMI indicator shows a strong buying pressure while the market already trade at an all-time high. - Even if volatility may not be over due to the looming decision on rates from the FED, the bullish spike sparked by today's reassuring CPI report is seen as a major catalyst for the market. A pull-back towards 5,405pts remains possible but not likely at this stage, and the next resistances can be found around 5,465.0pts and 5,538pts by extension. Pierre Veyret, Technical Analyst at ActivTrades The information provided does not constitute investment research. The material has no been prepared in accordance with the legal requirements designed to promote the independence of investment research and such is to be considered to be a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.ULongby ActivTrades0
US 30 - Ranges overview We got some numbers out today (US Consumer prices). As you can see we aggressively traded through the buyside we discussed yesterday. No need to chase the market …the day is still young. Let the market show you its hand and FOLLOW IT Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. by Patrick27070
Update Dxy ideaTVC:DXY I have changed my idea.Here is the updated one.DXY TRY TO REACH RANGE HIGH.Longby H-A_TUpdated 0