SPY bounces back after Friday sell off, still inside downward trend
comparing against 1h and 2h timeframe we see that ema remains below sma for both
This also holds true for RSI between 1 and 2h. RSI remains remains below sma
stock remains inside the downward trend after bounce back
SPY still shows signs of bearishness and more selling to come. Not...
Fundamental : Open Interest on the South African Rand is increasing which is a Bearish signal/confluence. Commercial (Hedgers) Short positions are also increasing which for Exotic pairs like USDZAR means they are covering their Longs and add yet another Bearish confluence. Non-Commercial is also increasing its Long positions which is once again Bearish since you...
Fundamental : The COT Report for Canadian Dollar is showing a increase in Open Interest (OI) which is a Bearish sign. Commercial (Hedgers) Long positions are increasing at the same time OI is increasing which means they are covering their Longs and is also considered Bearish. Non-Commercial Short positions are increasing as well adding to the Bearish sentiment.
...
Bharat Dynamics is a Government of India Enterprise. It is engaged in the manufacturing of guided missiles and allied defence equipments.
FUNDAMENTAL
- Company is debt free
- 1 year return : 200 %
- 5 year return : 900 %
- Company is generating wealth
- Free cash flow 10Y : 2300 cr
TECHNICAL
- After 1 month of staying in a range and a few attempts of...
May 20th 2024
Fundamental: Were seeing a up tick in Non-comm Long and Short positions being held. Shorts are increasing at a faster pace. The Net positions is positive and holding steady.
Commercial (Hedgers) short positions is increasing significantly quicker then Longs, Net position is negative and decreasing/holding.
Technical: I'm expecting to see...
Fundamental: The past two months we've been seeing consistent growth in long positions, short positions on the other hand haven't been experiencing the same consistency with the amount lowering. The Net Position is positive and has been growing consistently the past two months. Open Interest is positive and growing in the sentiment, Total OI has been growing...
Fundamental: Gold has seen the amount of long positions grow these past two months and be able to sustain that grow in a range from 560K-285K+, Short Positions have been maintaining about the same roughly staying in the range from 80K-66K. Open Interest is leaning bullish with growth this past month but for the past two month we see some ups and downs followed by...
Fundamental : COT report shows a rise in shorts positions continuing the past 3-4 week while simultaneously showing a decrease in longs positions held the past 4 weeks. Net positions also show a large change from 7.8K down to 535, a -88.71% change. Open interest is split between both longs and shorts with neither showing an advantage, over all OI has decreased a...
Fundamentals : The RBA (Reserve Bank of Australia) kept interest rates at a 12-year high of 4.35%. The COT (Commitment of Traders) Non-Commercial Report for AUDUSD showed a larger number of participants holding shorts over longs but we’ve had about 15k shorts close their positions since the last COT report so there is that going against the bearish sentiment. Net...
XPTUSD has broken its bottom trendline with a 3 EMA crossing over the 10 EMA to the downside. At the same time we're getting the EMAs crossing over the Stochastic is heading down and crossing over the 50% mark giving three confluences to look for shorts
Ill be targeting a 1% move down underneath a support i have drawn out on the 4H chart
EURUSD is setting its self up in the same way US30 is, they’ve both seen consolidation after a sell off.
Technical : EURUSD is having its 3 EMA cross over its 10 EMA to the upside while at the same time the Stochastic is crossing the 50-80% mark to the upside as well. Price action has also tested the Top trendline, possibly setting up for a break out. Waiting...
US30 has been in a area of consolidation for the past week and a half after having a large sell off for the previous two weeks.
Technical : On US30 we're seeing the 3 EMA cross the 10 EMA upwards while at the same time the Stochastic is pointing up while crossing the 50%-80% mark. Price action is also making its way to the upper Trendline which has 3 previous...
XTPUSD has been rallying ever since it broke out of its two week sell off a couple days ago but there are now signs showing that the upward momentum could be coming to a end.
Technical : The 3 EMA is crossing over the 10 EMA to the downside while at the same time the Stochastic is crossing the 50% mark to the downside as well. These Bearish confluences are...
Not looking great as we head into #FED and NASDAQ:AAPL earnings to close out this week. The weekly 21 EMA is 494ish. If 500 breaks then that would be next level of support to watch.
The 3 EMA and the 10 EMA have crossed over one another heading down while at the same time price action on XAUUSD is trying to break the bottom Trendline. Stochastic is also making its way past the 50% mark and is heading downwards.
Target a 0.5-1% down from the break of the trendline or from your entry point.
NASDAQ:HOOD recently broke through resistance from the recent high. The shorter term EMAs (9 and 21) have crossed and we see bullish divergence (RSI) on the daily timeframe. This builds a strong case for the bullish narrative.
We continue to look for strength and go long over $14.50
Technical Analysis:
KASPA (KAS/USDT) has emerged as a remarkable player in the cryptocurrency landscape, exhibiting sustained growth and resilience. The recent patterns observed in its charts underscore both its potential and the keen interest of investors.
1. Fair Value Gap (FVG) and Price Rebound:
KASPA's journey through the market has recently brought it to...
