Day Trade Market Condition oct 02, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend
Updated 30/09/23: - Revised up-trending parallel (green) - Added down-trending/consolidation parallel (white) - Added horizontal lines (yellow/dashed) to mark upper/lower range (94.239-87.829) Everything else stays the same (chartist holy grail lol). Notes: - Further write-up on Daily Swing V2 Chart - Faded out longer TF parallel lines (light blue) TradingView...
Updated 30/09/23: - Revised up-trending parallel (green) - Added down-trending/consolidation parallel (white) - Added horizontal lines (yellow/dashed) to mark upper/lower range (94.239-87.829) Everything else stays the same (chartist holy grail lol). CAPITALCOM:OIL_CRUDE has done an amazing job respecting its upward parallel channel since June. Could see...
Day Trade Market Condition sep 29, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend note last two day Dynamic Volume Profiles
Day Trade Market Condition sep 28, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend note NQ keeps floating 14718 yet and manage to close above
Whilst we retain our view that oil prices could be headed for $100 further out, the trend seems to have hit a speed bump over the near-term. WTI broke above $90 with ease yet faltered around $95 with a shooting car candle with high volume (which makes it a potential key reversal day). A bearish divergence has also formed with the RSI (2) after it reached...
looking for a deeper correction by 2024 , then new record highs .
Day Trade Market Condition sep 27, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend
I received a lot of questions about WTI Crude Oil. Analyzing a weekly time frame, we can spot that the market is currently approaching a significant supply zone. Even though we see a strong bullish rally since the beginning of summer, I will anticipate a further growth only after a bullish violation of that entire area: 92.5 - 97.8. Alternatively, analyzing...
Day Trade Market Condition sep 26, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend
Crude oil - wave count Crude appears bullish and may have begun its third wave. Remember that if the price drops below the red line, it is considered invalid. This information is for educational purposes only, so trade with caution. MCX:CRUDEOIL1! NYMEX:CL1! TVC:USOIL CAPITALCOM:OIL_CRUDE FX:USOILSPOT
Day Trade Market Condition sep 25, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend Trend ES Bearish NQ on the edge this week if dip below, CORRECTION on its way
CAPITALCOM:OIL_CRUDE chart mapping/analysis for short-term swing trades.
CAPITALCOM:OIL_CRUDE chart mapping/analysis for med-long term swing trades.
CAPITALCOM:OIL_CRUDE inverse H&S development on 15min chart, TBC. Breakout above ~91.10 for confirmation. Capitulation below ~89.50 (right shoulder) invalidates pattern. TP target ~93.50 upper trend-line confluence.
Day Trade Market Condition sep 22, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend Note the trend on ES/NQ approaching 4376/14718, it attracts buying however enter if price action and volume suggesting
Oh my..I think something big is on the way. Let's first look at what we see on the chart: It's a long-term chart, where each candlestick represents 3 months. Why did I take 3 months? Because I wanted to see the big picture. Look at the red frame. This is a daily chart, and with all the candles going up and down like a rollercoaster, it's messy and will keep you...
WTI Crude Oil / USOIL has completed 2 red 1day candles for the first time since August 23rd. This is after the formation of a new Higher High on the three month Channel Up pattern. In the meantime that High was very close to the 93.80 Resistance A level, which was a Double Top on November 7th 2022. With the 1day MACD about to close a Sell Cross, we couldn't...