Daily - bullish. above R1 so either this move will be like Nov 23 or Dec 23. either way, trading SPX for the rest of May will be a little tricky. Origin - 2 zones to look out for **5290.13 - 5254.28** and **5232.06 - 5215.50**. if price pulls back to these zones and I see buyers stepping in, I will look to get involved. that being said, if price continues up...
Daily - looks bearish but buyers have been stepping in since last week. so I will be considering longs as a possible way for Oil too. Origin - looks bullish. **83.51 - 82.54** is the zone to look out for. bias will be bullish above it and bearish below it.
Daily - looks bearish but buyers have been stepping in since last week. so I will be considering longs as a possible way for Oil too. Origin - looks bullish. **83.51 - 82.54** is the zone to look out for. bias will be bullish above it and bearish below it.
Daily - bullish. as long as we stay above **196.459 - 195.271** the bias will hold. Origin - **197.178 - 196.163** is the zone to look out for. when price pulls back to this zone, I will look for buyers to step in.
Daily - bearish but below S1 on low volume. so possible chop or a pullback is on the cards. just like AU, can be decent to scalp if opportunity presents Origin - huge zone 1.62525 - 1.63387 to look out for. if price pulls back to this zone, I will look for sellers to step in.
Daily - **171.316** is the price point I am looking at. if EOD price holds above it, I will look to buy. Origin - unclear. there is resistance on both ends of the spectrum here so if over here price holds above **171.769** then I will look to enter longs.
Daily - bullish. price is above R1 so I am not too keen on going long right now. if I get an entry to long AU, I will look to book quickly. Origin -**0.66857 - 0.66465** is the zone to look out for. bullish if price holds above this zone. if price drops below then I will look for buyers to step in around this zone.
Daily - bullish, in need of pullback. although this kind of structure on daily hasn't observed a big pullback so far so I will keep an open mind and take longs if they come up. Origin - bullish, in need of pullback. a pull to **5206.79 - 5179.87** and absorption in this zone is what I am looking for. perhaps FED Chair speaking on Tuesday or CPI will push it down....
Daily- bearish. looks bearish but we have been trading near S1 for a week now and we have multiple POCs below current price where we can see buyers stepping in. so I will take entries on both sides but will look to close quickly. Origin - bearish, in need of pullback. 2 zones I am looking at are **82.82 - 83.13** and **83.67 - 83.32**. I will look for a reaction...
Daily - bullish. I will try to stay out of trades as long as price is trading in the zone 196.469 - 195.297. If I get a long entry if we are trading in between this zone, I will enter but I will look to book quickly Origin - bullish. so far we have had a sustained move up and it still looks good for longs here.
Daily - flip of AU here. price has already tagged S1 on daily and so, we can expect a pullback here. could be to the POC. Origin - this confirms pullback theory from daily. as long as price stays above **1.63210 - 1.63003** bias will remain long and vice versa. since we are trading around start of month AVWAP it is critical to see how price reacts from this area.
Daily - flip of AU here. price has already tagged S1 on daily and so, we can expect a pullback here. could be to the POC. Origin - this confirms pullback theory from daily. as long as price stays above **1.63210 - 1.63003** bias will remain long and vice versa. since we are trading around start of month AVWAP it is critical to see how price reacts from this area.
Daily - bullish. looks clean to the upside. but, we have had 6 consecutive long days on this, so a day or two of trading in range will be good for a sustained move upwards. Origin - as long as price holds above the zone **171.913 - 171.497**, we are bullish. if price breaks down, then I will look for buyers to step in around last week's AVWAP. price can just...
Daily - after CPI and Rate decision, I was expecting continued long move on AUDUSD. now that it has tagged R1, and is currently pulling back, long bias still remains intact on daily. Origin - **0.66151 - 0.66043** is the zone to look for. above this we are bullish and below it, we are bearish. if price dumps from here, I will look for longs as price comes near...
Daily - bullish. a couple of days consolidation seems to be on the cards for SPX before another leg up. as long as it stays above 5099, we are bullish and looking to get involved in longs. Origin - bullish but in need of pullback. **5074.22 - 5115.46** is the key zone to look out for. we would like the price to come inside this area and then get absorbed. once...
Daily - this is tricky. oil has fallen considerably since it's considerable run up which started in Feb. this seems like a healthy pullback though. as long as it holds above **82.98**, we can perhaps look to go long next week. NOT THIS WEEK Origin - Bearish, in need of pullback. range to look out for is **83.18 - 85.47**. we'll be looking for price to reject this...
Daily - neutral. in no man's land this month. can be quite volatile. not suitable to trade this month. Origin - Bearish, in need of pullback. nah, not getting involved in GJ this week.
Daily - Bearish, in need of a pullback. this seems like a flip of AUDUSD. right now EUR and USD are not the main players here in both these assets. seems like AUD is in driving seat. we might get a chance to sell on pullback on EA in coming days. Origin - bearish (neutral). just looking at the structure we can say that this can be a pretty volatile week with...