readCrypto

Amazon (AMZN), DJI, IXIC, SPX, XAUUSD, USOIL - January 6

readCrypto Mod Updated   
NASDAQ:AMZN   Amazon.com
Happy New Year!!!
Dear traders, nice to meet you.

"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.

-------------------------------------------------- -----

With support at 3176.40, we have to see if we can break above the Hara trend line again.

From the wRSI_SR indicator, the RS line fell below 20 and entered the oversold section.
Accordingly, we need to make sure we can get support at 3176.46.

If you can't break above the downtrend line, you can touch the 3008.91 point, so you need to trade carefully.

-------------------------------

(DJI 1D chart)
It started with a fall in the gap (30223.9-30204.3) and closed at 0.55%.
We have to see if it can be located above the 30199.9 point.

--------------------------------

(IXIC 1D chart)
It started with the gap (12698.4-12665.7) falling and closed at 0.95%.
We need to see if it can rise along the uptrend line (2).

-----------------------------------

(SPX 1D chart)
It started with a drop in the gap (3700.7-3698.0) and closed at 0.71%.
We have to see if it can rise within the rising channel.

---------------------------------------

(XAUUSD 1D chart)
You need to make sure you can get support above the 1940.498 point.
It remains to be seen if the same flow as on November 9, 2020 comes out.
Accordingly, it is important to get support above the 1940.498 point.
It remains to be seen if the volatility around the 13th of January results in a movement deviating from the 1899.330-1975.962 range.

-----------------------------------------

(USOIL 1D chart)
We need to see if we can get support at 49.17 and move up along the upward trend line (3).
It remains to be seen if the volatility around January 15 causes any movement outside the 49.17-52.59 range.

-------------------------------------------------- -------------------------------------------

** 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Comment:
(NIO 1D chart)
We have to see if we can ascend above the 53.51 point.
It remains to be seen if the volatility around January 11th causes any movement outside the 44.56-53.51 range.
Comment:
(AAPL 1D chart)
We need to see if it can rise along the uptrend line (6).
You should check if you can climb above the 131.40 point.
Comment:
(GE 1D chart)
We have to see if we can get support from 10.88-11.34 and climb towards 13.08.

If it falls at 10.40, it is a short-term stop loss.
If you touch the uptrend line, be aware of volatility.
Comment:
(FORD (F) 1D chart)
If it falls at 8.46, you need a Stop Loss to preserve your profit and loss.
However, you can rebound by touching the downtrend line (3) or the uptrend line (6), so you need to trade carefully.
Comment:
(MARA 1W chart)
We'll have to see if we can get support at the critical point, 12.84, and climb above 17.76.
If it falls at 12.84, it is a short-term Stop Loss.

[Example of exchange chart setup]

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

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

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.