It seems HCL is near its short term bottom. It has already gone down by around 15% from its last high. I see maximum 3-4% downside after which it should start its upswing again. Should we buy tomorrow or wait for couple of days more and take long position on Monday? Please share your views.
Downswing seems to be over for Cipla. I think a new upswing should start from tomorrow, and we should take chance with it for 5-10%.
On the appearch of the TOTAL crypto chart the 10 day moving average and the 50 day moving average are crossing. The 10 day line is crossing over the 50 day, as in going under.
A dark cloud hangs over the seemingly sunny skies of the stock market. The culprit? A valuation metric known as the CAPE ratio, which is currently hovering near its third-highest level in history. This has some investors spooked, whispering fears of a potential market plunge. But is this cause for panic, or simply a cautionary sign? The CAPE ratio, or cyclically...
The cryptocurrency market has evolved significantly over the past decade, moving beyond its initial focus on digital currencies to encompass a broader range of assets, including real-world assets (RWAs). RWAs represent tangible assets such as real estate, commodities, and financial instruments that are tokenized and traded on the blockchain. The integration of...
#Bitcoin Keltner Channels 📈 No one doubts that this cycle will be similar to a 3-wave one. In the last post, I said that I do not expect a fall in February and March, and even closer to the halving, the 2nd wave will begin to fade. 💡That's what happened. Now we can see how the correction begins, I do not expect strong drops below 50k now, but rather a transition...
💹 Let's analyze and review this forex pair together. 🌐 Outside of the chart, we're witnessing the weakening of the Japanese yen in the long term, with bullish market cycles against the dollar and the euro. Over time, this currency is gradually losing strength compared to global powers. 💰 In the weekly timeframe, we're entirely bullish and encountering...
Chart speaks for itself. Each ticker follow different accumulation distribution cycles. Fib time helps. Wyckoff helps.
Historically over the last 30 years copper begins to fall right now into the end of May / June. I'm now shorting copper with a price target of $4. COMEX:HG1!
On a seasonal basis over the last 30 years the price of Natural Gas begins to rise now into August. This year's price is tracking very closely to the historical price. I think we're about to rise at least to $2.55. NYMEX:NG1!
My personal opinion is as Gala has broken the white downtrend line it is in a bull market now. This Bullish picture is invalid if white trend line breaks downwards. Until that GALA is Bullish.
Looking at Timeframes of Prev Market Cycles we seem to following the old adage "Fred Savage" , You may have thought I was going to say something about History Repeating itself based on the almost mirror image of Market Cycles, but When I said "Savage" , I'm starting to hear the screams and see the carnage. I've been trying to figure out why upon that weekly...
USO while the middle east, the Houthi rebels and the Suez Canal shipping quagmire affect oil liquidity globally and prices at the pump continue to be volatile the federal government seeks contracts to restore the national strategic reserves depleted in the last supply demand challenge while the presidential and congressional election cycle starts warming...
In this live trading session video,we look at our positions on BRENT and GBPUSD and potential trades coming on Bitcoin,Etherum,US30, etc and the thinking behind them. The concepts you learn from this video are cross transferrable principles onto any strategy.
On this daily chart of the ratio of TBT ( Treasury Bills Bearish ) to TLT ( the inverse Bullish) over time. This serves to accentuate shifts in prices from factors affecting them both but with opposite effects. Federal actions or even reports of economic data are some of those factors. This chart shows that about November 1st, TBT ad topped out and fell....
Dear Traders, As Per Technical Analysis MCX:NATURALGAS1! Will try to take Support Near 143-144 Level if breaks then we can see Further Downmove. but as trader we can use this as a Opportunity buy Naturalgas Near 147-148, with SL of 143, Target 155,159. This message is for informational purposes only and should not be considered financial advice. It is...
January as a month was a bag of choppy price action (maybe long term consolidaton, who knows) as it traded within the range of December high and low. Same being the case with DXY, only difference DXY showcased aggressive behaviour to trade higher, after it found support on 100.6. Beginning Feb, DXY has taken out liquidity from January and December Highs. Factors...
As the market faces economic challenges, Bitcoin ( BYBIT:BTCUSDT.P ) and the S&P 500 ( TVC:SPX ) are showing signs of a potential correction after significant recent gains over the last 12 months. This shift is prompting investors to reassess and strategically reallocate their assets. In this environment, PAX Gold ( BYBIT:PAXGUSDT.P ), a digital asset backed by...