US Equity Market 2022 Timeline based on the 1-day chart 730SMA TTC - trend channel to get a very accurate trajectory over time. Plus, tickerTracker - MFI Oscillator set to 45 with VTI, DIA, SPY, QQQ and IWM.
LEAPS 1/21
FOMC 1/26
MONTHLY 2/18
FOMC 3/16
QUAD WITCHING 3/18
FOMC 4/27
FOMC 6/16
QUAD WITCHING 6/17
FOMC 7/27
QUAD WITCHING 9/16
FOMC 9/21
FOMC 10/1
FOMC...
It appears that GBP/JPY is in a very interesting situation. From one perspective, price is approaching both major resistance and a major trendline which signals a potential bearish entry. However, in a different perspective, price now has the opportunity to have a major bullish breakout being that bearish price action has weakened throughout the months and no...
S&P 500 vs its stocks above the 200 day MA: Bottom chart shows the S&P since 2008. The recent run up on the chart hides many of the details on this weekly chart. The chart on top, tracks the percentage of stocks above their 200 day Moving average for stocks that make up the S&P 500 .
In April of 2021, 96% of the S&P stocks traded above their 200 day MA. Currently...
Matic has been confirmed to have a downtrend for the following reasons and has not shown any sign of a change in trend at the moment.
1- RSI negative divergence: As can be seen in the chart on the right side, the MATIC has a negative divergence, which is a sign of a downward trend.
2- Bearish crossovers of Brick indicator and brick zone indicator.
3- Bearish...
When markets are messy I like to explore long term bases in relatively unknown stocks.
CPRX has a 15 year base with contracting volatility in recent years, mostly since 2019.
I like the look of the quarterly chart and I like the volume markers on the daily - institutional funds have been progressively accumulating.
As all biotech stocks are highly...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTC).
The BTC price has a possible Head and Shoulders Pattern and/or Triple Top Formation forming. Generally in a H&S Pattern, the right shoulder is smaller than the left shoulder. In this case, there is significant resistance around the $60K range as indicated...
These data series are all available in the Trading View platform.
Since the turn of the year the price of LQD, the investment grade corporate credit ETF, has declined nearly 10 points (-7.3%) and since early August is down 13 points (-10%). The important question is…. Why?
Knowing how to monitor credit is an important skill, particularly since so many in the...
In this post, I tried to show you the most important Harmonic Patterns of Technical Analysis . These patterns are more valid at higher timeframes.
Please do not forget the ✅ ' like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
What is Harmonic Pattern ❗️❓
Harmonic patterns are chart patterns that form part of a trading strategy, and...
Hello traders and investors! Let’s see how SPY is doing today. Yesterday, we successfully identified a bottom level, and now it is reacting accordingly. What’s next?
In the 1h chart, it gapped up, and now it is trading above the 21 ema. This is a very good sign, and in theory, it will keep trending as long as we don’t see a reversal around. What could ruin the...
Trade Credit: $0.55 = 11% Return on Margin
Max Loss = 500 - 55 = $445
Strikes - Short 185 / Long 180
This morning I realized that I need to get more capital deployed based off of my trading plan (something I hope everyone has!) As such I went looking for trades, and today is not a bad day to enter trades.
Reasoning is below!
1. Recent red days = Increased...
Chart patterns detection needs an extensive learning process and experience, no matter if you are a human or a machine!
Machine Learning Workflow:
There are five core tasks in the common ML workflow:
1. Get Data
2. Clean, Prepare & Manipulate Data
3. Train Model
4. Test Model
5. Improve
Since the chart patterns, beta version indicator has been released, I...
After zooming out and studying Bitcoin in depth, we have come to a really nice Elliot wave scenario. We started the bullrun late January at around 33k. We are currently in the First wave of FIVE.
Here's the breakdown:
First Wave - 5 wave impulse
Second Wave - 3 wave correction
Third Wave - 5 Wave impulse (often the biggest wave)
Fourth Wave - 3 wave...
Hey everyone! 👋
Last week, we posted an idea about the three main order types that market participants use: Market orders, Limit orders, and Stop orders.
This week, we thought we’d take it a step further, and discuss some of the more advanced techniques that professional traders use to get better prices, using those three order types. 🎯
Technique 1: Use...
If you're trading this market right now you have to keep your eye on Interest Rates. Why? Interest Rates have the largest web in the market. They impact every market we trade (even crypto :) What rates are doing not only impact the markets we trade, they impact us in everyday life. In this video I go over the best way to trade interest rates and even if...
Last week, we cited the potential breakout in the SPDR Gold ETF. Today’s chart shows a similar pattern in miner Barrick Gold.
First, consider the series of lower highs since August 2020. Then notice how the price action Friday and today violated this downward trajectory.
Second is the rounded bottom around $18, which took shape in the fourth quarter. This...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
Over the last year we've been forming an RSI divergence on oil, and we're seeing increasing volatility.
There are a lot of geo-political factors at play here. I think there's a risk premium on oil right now because of Russia.
.. increasing volatility means sharper moves. I'm watching for Russia / Ukraine to resolve, and depending on how it resolves, expecting...
![GBPJPY: [GBP/JPY] - Potential MASSIVE Breakout](https://s3.tradingview.com/o/OEHDMePm_mid.png "[GBP/JPY] - Potential MASSIVE Breakout")
