USA Stock Index video idea by @NoFomoCharts
SPY, QQQ, DIA, IWM, DXY.
04/14/2024, 09:00PM EST Video Idea.
Technical Analysis & Educational Chart Videos.
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All content is Not financial advice.
Weekly Watchlist video idea by @NoFomoCharts
04/14/2024, 08:30PM EST Video Idea.
Technical Analysis & Educational Chart Videos.
Follow, Comment, Boost, or Cheer to support. Thank you!
All content is Not financial advice.
Looking at the DATA/USDT chart, the price appears to be fluctuating within a fairly well-defined range, indicative of a consolidation phase in the market.
The Ichimoku Cloud is present but not providing a clear trend signal since the price action is choppy and overlapping with the cloud. The Conversion Line and the Base Line are intertwined, which typically...
Analyzing the DIA/USDT chart, I observe a few key technical elements. The price is currently trading in a narrow range, which is encapsulated within the Ichimoku Cloud. This often indicates indecision in the market as traders wait for a clearer signal on the direction of the trend.
The Ichimoku Cloud is flat, which reinforces the indecisive sentiment, indicating...
I am now moving to a full 90 to 110 % long PUTS in spy and dia I am waiting to be filled in the QQQ puts at some point today We can see a cycle due 4/8 turn
For the DIA/USDT chart you've provided, here's what stands out in the analysis:
Timeframe: The chart is set to a 4-hour timeframe, which gives insights into medium-term trends and potential inflection points.
Ichimoku Cloud: Since the price appears to be trading within the Ichimoku Cloud, this usually suggests a lack of a strong trend and a potential...
QQQ (nasdaq etf) has been uptrending for over a year (2023 to 2024).
However, signs of a potential pullback in the long-term charts are showing with the price and rsi oscillator.
In the long-term, a potential pullback may occur in the price, and the price could fall down to $426, $419, $400, $394 support levels.
Long-term resistance levels are: $460, $470,...
On the 4-hour chart for DIA/USDT, the technical analysis suggests that the price action is currently within a bullish phase but experiencing a pullback.
Uptrend Line: A rising support trendline is visible, indicating an established uptrend. The price has recently pulled back to this line, which could provide a springboard for further upward movement if the trend...
I am now moved to a net short the spy at 95% long in the money 510 puts for dec 2024 .I am holding out to move to a 100 to a 115 % short if we can have two thing occur .1st the sp prints 5055 and the vix on the 9 day prints 11.30 or lower.I have been waiting for the 5071 target and the dji of 38950to 39450 focus 39100 .But I saw some math as to why we...
I am posting the AMEX:SPY chart as many of the trade ideas I have posted over the last few weeks have not worked out well. This chart tells the story. The market has been choppy. While it is my belief that this is a normal pullback in a stronger secular trend, as a trader, I need to simply trade the chart in front of me and right now the market is fading. Many...
#CPI data is out and it came out a lil higher than expected
TVC:DJI broke out of the small downtrend officially yesterday
However, volume was weak, likely because of CPI data today
Keep an eye on RSI & $ Flow for guidance in direction.
Want to see break above for RSI.
Holding 36kish is a good sign for AMEX:DIA
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Not much on...
Good morning update.
The TVC:DJI is still within the range. Logical as investors are awaiting CPI on Thursday. This will guide on cuts to #InterestRates.
The SP:SPX showing some strength & currently in small trend higher.
But the CLOSING is VERY IMPORTANT. Day range is nice but always respect the closing.
TVC:VIX is weakening again.
TVC:RUT is still...
The 20 hr moving avg on the 2hr and 4 hr bar has now given me a BUY signal as traders have run to the otherside of the BOAT from greed to fear in a very short time I am now 50% net long from a 100 % short do not be short until jan 11
Looks like the TVC:DJI is in a short term downtrend.
NASDAQ:NDX SP:SPX & TVC:RUT all are in short term down trends which begin couple days or so ago.
TVC:VIX is at higher end of the recent pattern and it keeps poking it.
*(TOOK THIS FROM ANOTHER POST
Remember, the more something is poked the weaker it becomes
Picture paper holding a marble
Poke with a...
Since the "outside" day. The DJ:DJI index has flip flopped above and below the top part of the outside day line.
It wants to push higher but when NASDAQ:NDX craters, like it's doing today, it's a lil tough.
Since we're doing intraday charts, let's do DJ:DJI as well.
What's the biggest thing that sticks out to you on the last chart?
Hint: Look at the...
I have now moved to 100 % long PUTS in the money 380 puts for june 2024 Look for an event on or about jan 11 to the 18 th if the dow at anytime can reach into 38200 to 38400 I will add 15 % long puts we are now 1.8 % above the dji monthly BB BANDS market panics since 1902 to today have seen drops and beginning BEAR MARKETS from 1.4 to 3.5 % above this point as...
After the outside day formed by TVC:DJI , it pumped a bit and regained most of what was lost in that 500pt loss.
1Hr chart sows it trading back above the moving avgs (intraday).
TVC:RUT is the only index that has traded ABOVE its recent highs.
TVC:VIX is struggling to close above a small resistance area, 14.
#stocks
The SVXY peaked right into the target of 104 at 103.65 For wave 5 of 3 of 5 we just saw wave 4 low . we did the exact in most every Aspect in svxy and the sp 500 . this lead to the last draw out battle from july 6 to july 27 final peak. 20 days if we align the two time frames we get a TOP 1/ 11/2024 see chart golden ratio spirals they are near...
