S&P 500 for next weeks A mild up week to conclude the move from November A down week to shake it off - waiting for confirmation to get short A big down week to flush Target 3550 Then ???
I previously traded this long for a diamond breakout and it hit the measure move wonderfully! Now it's starting to look quite tired and i think it's going to come down to make some retraces from here.
Hi Everyone, I am back with a bearish outlook on $TSLA. Looking at large timeframes, we are possibly hitting exhaustion points Monthly C21 Weekly S21 Since higher timeframes are pretty significant we should favor a bearish scenario for the incoming week(s). For now, no bearish targets, it is too early but trading ideas should show up next week. Take into...
The S34 opening sell signal is likely to show up tomorrow at the open. Look for a daily open above 436.56 to get a confirmation. The intraday entry will not be easy to spot with high volatility expected. Supply Line (level8) will also generate a breakout signal that will have to be invalidated on Wednesday’s close to confirming the sell signal. Hence it is...
$DJX may be on the verge of a major decline. Many signals points into that direction: - S13 exhaustion point recorded today (October 6th) - Daily Price Flip - Daily close near Demand Line - Wave B recently triggered after a recent advance of 5 upwaves - RSI lagging near neutral zone From this observation, 3 different scenarios can be drawn: 1. Moderate Bear...
A head and shoulders (H&S) pattern is shown on this time frame. The right shoulder - not formed properly as yet - appears to be exhausting at this time. Price is struggling to stay afloat. This predicts nothing. The position is one to watch for those trading on lower time frames. Higher time frame perspectives are a must. This perspective is looking well ahead. So...
I dont see any reason to be super bearish here. Yes we have sell signals from 4h-9h. Short scalps are safe but I am still holding ontop my swing longs from 98/99 until we get to atleast 11.2-11.4 zone. The black area that is highlighted has not been tested yet. Usually $BTC likes to retest areas that it previously break down from before breaking into a new...
$XAUUSD has reached a weekly local TOP here on a 9 Sell setup combined with a C21 combo countdown. Wave 5 is also in progress but it is too early to confirm its completion. Positive elements for a bullish continuation - The most recent Sell SETUP 9 resets the previous countdown since its size is between 1 and 2.618 the previous TD Sell Setup. - Still no signs of...
$BTC is showing signs of weakness today: - Rising wedge breakdown - RSI Oscillator divergence - REI Oscillator Weakness - Sequential 13 Exhaustion point Positive signs: Elliott Wave indicator is showing we are likely in a Wave 4 Consolidation before another leg up. The first area of support is between 10.600 and 11.000USD which is the most likely one for a Wave...
Cam monthly levels. we hit the top of predicted monthly range perfectly. if we reject here. the typical play would be to target the L3 on the otherside. supporting information is that the sentiment is very bullish. over confident. fear and greed highest since 14k last year. fisher transform on 2day is +4. TD9 sell set ups are on larger time frames. godmode on...
Yesterday Tesla shares moved in a 30% round trip - that is not normal! However, betting against strong stocks with good momentum is a quick route to the poorhouse. Still the huge exhaustion gap is a bearish signal for Tesla.
The Analysis -Price was in an uptrend -Created a flag pattern caused by exhaustion phase -Price Retested -Wait for conformation to go long -We expect price to rise to about 1.14027
With the Data given to us by the Market its only right to seek out both reason's as to why investors may enter Bullish or Bearish, My intentions in this pair is to speculate price action as it makes its ways to Important zones of Price Action. I'm waiting for Confirmations to Line-Up at Price Points I've Selected in the Chart Above.
Was waiting on AUD to sink to give more reason to enter short in this pair, so happens to reject off the 61.8% which is very ideal to us as it rejects off its Broken Descending Trend-Line. Looking for a Small Exhaustion in Hourly Time-Frames before Entrance in this Bearish Flow.
Speculating Historic data in attempt to find an entrance in this pair, preferrably Bearish since we are more intrigued in Price Action showing us an Exhaustion in Price Action since the Bull Run has taken off. We aren't chasing Bull Run Continuation but we are also bearish due to Price Action gaining closer data near its Weekly Descending Trend-Line.