XLF which is an index of Financial Sector is currently retesting the top of 2007 (before Subprimes crisis) and the top of 2019 (before the Covid19 crisis). Remember, a resistance often flip into a support when broken. This may a very nice opportunity with a correct Risk/Reward ratio to play a bounce here. Thanks for following us !
SPX500 Back at 200 MA Historical Support Look For a breakout of descending resistance with volume CPI Data released with a bullish outlook
technicals have proven heavy selling is leading to countertrend movement. were getting lots of rate of change bullish signals daily indicating a trip toward supertrend, but longs really want to position themselves with momo in the index. daily highs breaking and holding .5 of the bounce would be good signs.
Hello my friends. MSFT is bouncing off it’s old support line. The support line is about a year old and seems to be pretty strong. I believe the Microsoft share price to reach its top resistance line before the next earnings report.
Welcome back! Let me know your thoughts in the comments! **EURJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
Initial target low 220s in the next week or 2, then pullback before 0.618 retracement to 255 Green trajectory is expected path, dashed is alt path
A possible new move could be near. 2CRZ bounces between support and resistance zones for time being. 200SMA on 1hr near the resistance zone. Break above this zone and 200sma have an excellent chance to trigger the next move up. Bellow our support zone we have one more significant level at 0.00282-0.00283 that has held strong 2 tests in the last week. I'm planning...
Welcome back! Let me know your thoughts in the comments! **GBPJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
Long on TLT here.. I think we could see 99-102 fairly soon with a huge reversal in the coming days. 100 lvl broke through and sold hard, I believe this will be a fake breakdown and if anything could be bottoming or reversing soon.
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC is still holding above the $19k level as you see in the chart, BTC is holding the purple line support very well so far. So I'm expecting some green days from here. We might see a good and slow pump up to $20k-$21k from here. There is...
Welcome back! Let me know your thoughts in the comments! **GBPJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
Big Picture: Earnings coming up 10/25/22. Had good Earnings last time. Coming back into aggressive buying from July and last earrings period. (Will the buyers want to fight for the price a little bit now before...
QIUSDT has just touched its all time low for the 2nd time, setting us up with a potential double bottom. If Bitcoin holds steady and QIUSDT can hold support at 850 - 860 sats we could see a decent bounce from here.
SPX seems like a decent area to buy some into end of year holidays. Obviously market could continue to nuke with some sort of event. NO idea after end of year
the hourly is looking oversold, so id imagine we have some rebound in vix, but the overall daily trend is threatening to confirm return to bear vix while broader market bounces. if we get spx, ndx making new lows of day simultaneously with multiple sectors like xlf, soxx in the red a return to bull vix could happen (highlighted areas where nadaraya watson envelope...
TTM (Tata Motors), Indian conglomerate. TTM in a clear downtrend. However, reversal or attempt for reversal has to start somewhere. Some positives signs: TTM is now sitting on a huge support which is the upper line of the downtrend channel and a historical horizontal line at $24.27. The downtrend channel was broken, which is a positive sign for the bulls,...
Hello Traders, here is a long trade idea for NIVIDIA. The market is oversold and overdue for a bounce. Yes, there is the potential that price heads lower but with the DXY approaching resistance there is a strong probability that we will see a bounce in the market this week. NIVIDIA is approaching a key support level at $119, this is an excellent entry for a long...
• So far, SPY is heading to the next support at $360.69, indicating we have a few more bucks to drop, and there’s no technical evidence pointing to a reversal. In the daily chart, at least, there’s not a single bullish pattern yet; • We see some open gaps (yellow squares), and they will become targets, in the future, if (and only if) SPY triggers a...