Hello traders,
I am not a financial advisor. I am not telling you to trade any asset. I am simply sharing my ideas on how to use tools to implement my own investment strategy.
Here is a zoomed-out look you can use to come up with some of your own ideas on where the $SPX may go and how to manage your risk. Most of my core strategies are developed on the indices...
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Take a look on my Weekly Forecast and How I planned my added watchlist for the week ahead! Feel free to drop in your comments right down below and share this with your friends! But still Sketch up...
Nifty CMP is 8083
* If you see the weekly RSI, then it will show nearly about 15 indicates (nearly about all time low) that there is no strength is left to go further downside (Below 7500 level).
* If Nifty breaks the 7500 level then it will clearly indicates strong bear run into the market and could go around 6300 level.
* Now sudden fall in the market might...
Futures are pointing towards a lower Monday open, 333.92 is key pivot point, if we can push above this area in pre trading or at market open longs could be profitable on the day. the 21 day ema as seen on chart is also key, a break of this could provide more downside to the 50 day ema 326.80.
I will update during the week...
NASDAQ:ALXN , as seen in my previous analysis, is in a descending triangle formation on monthly charts and in the weekly charts, more likely in a rectangle formation, again bearish as price has moved into the rectangle from top and likely a continuation pattern, price most likely to breakout downwards.
Will find strong resistance at the top as it coincides with...
