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Amazon (AMZN), DJI, IXIC, SPX, XAUUSD, USOIL - January 7

NASDAQ:AMZN   Amazon.com
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We'll have to see if we can quickly ascend above 3176.40 points.

You need to make sure you can get support at point 3104.0.

If you fall from 3104.0, you can touch 3008.91, so you need to trade carefully.

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(DJI 1D chart)
It started with a drop in the gap (30391.6-30362.8) and closed at 1.44%.
We have to see if it can be located above the 30199.9 point.

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(IXIC 1D chart)
The gap (12819.0-12666.2) started lower and closed at -0.61%.
We need to see if it can rise along the uptrend line (2).

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(SPX 1D chart)
It started with a drop in the gap (3726.9-3712.2) and closed at 0.57%.
We have to see if it can rise within the rising channel.

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(XAUUSD 1D chart)
You should watch for any movement that deviates from the 1899.330-1944.714 section.
If you get support from the downtrend line, you can expect further gains.

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(USOIL 1D chart)
We need to see if it can rise along the uptrend line (3).
You should watch for any movement that deviates from 49.17-52.59.

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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.

GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)


[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Disclaimer

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