Technical Analysis and Outlook The previously specified (S&P 500 Daily Chart Analysis For May 20, 2022) Mean Res 4088 inverted to Mean Sup 4088 performed at best on May 1 and 2 this week trading. A solid dead-cat rebound is completed; however, follow-through to New Mean Res 4177 is possible - from where we stand, a down move is expected.
Technical Analysis and Outlook: Bitcoin's narrow trending range extended. The new expended Mean Res is $31,780, and the current Key Sup is $28,600. The primary path is to completed the Outer Coin Dip $26,700 mark.
SPDR S&P Regional Banking ETF ( AMEX:KRE ) Sector: Miscellaneous (Investment Trusts/Mutual Funds) Market Capitalization: $-- Current Price: $63.44 Breakout price: $66.00 Buy Zone (Top/Bottom Range): $62.20-$56.55 Price Target: $90.00-$91.00 Estimated Duration to Target: 496-509d Contract of Interest: $ZM 6/16/23 70 Trade price as of publish date: $4.70/contract
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on May 27, 2022 with a closing price of...
Technical Analysis and Outlook: Bitcoin is trading within our Mean Res $31,100 key Sup $28,870. The primary path is designated to completed Outer Coin Dip $26,700.
Technical Analysis and Outlook: Euro has completed Inner Currency Dip 1.050. With oversold sentiment, it may make a run back towards the completed Inner Currency Dip mark and employ it as a new resistance level; however, the Next Inner Currency Dip 1.031 is inescapable.
Technical Analysis and Outlook: Bitcoin is looking very bearish at this point. The current path is flagged to Inner Coin Dip $31,660 and Outer Coin Dip $30,800. A possible significant rebound is anticipated upon completion of Inner Coin Dip $31,660, while Key Sup $35,150 might offer transient upside movement.
FISV has reached the top of the exponential channel and is taking a breather below the 50 week MA. This tends to mark a market top, as you will notice from the 2000 to 2002 summit. Back then, there wasn't a huge decline, only a 52% drop. Today we are sat at a much higher multiple, after a comparatively long 13-year bull market. FISV's price to earnings ratio...
I believe that $GS is a great opportunity to buy at this levels, their PB ratio is 1.08 which is one of the best ratios compared to other American banks at this point. They are one if not the largest investment banks in the world and they are also paying a 2.58% dividend yield. Combine that with the rising rates that will give even better margins and I truly...
Weekly chart of the $XLF. Rounding top off as it battles the price shelf (VPVR on right). Likely to struggle on the way down to truly fall but will ultimately fail at the 72 to 89 EMA cloud (red cloud). Likely retesting $31 towards the end of this year.
Hello everyone. I hope you are all doing well. Today I want to share with you my view of the AUD/USD weekly chart. The first suggestion for you is to go to the monthly chart where you can see the reverse head and shoulders formation (which is a very strong sign of bulls in the long run; but as you know the monthly chart suggests a long period of time, and playing...
$NAS100 is making Lower Lows and Lower Highs. right now price wants to make a new Lower Low
Bitcoin climbed back above $40,000 and it might move to $45,000 amid a broad rally in financial markets, while day-trading favorite Shiba Inu surged more than 30%. Shiba Inu and three other tokens — Solana’s SOL, Polygon’s Matic and Compound’s COMP — were all listed for the first time on Robinhood Markets Inc.’s platform. Shiba, which trades at a fraction of...
When price is in a uptrend making a higher high and the oscillator indicator is making a higher low this is a regular bearish divergence pattern. Price reaches a new Higher High in 08 April 2022, while the RSI technical indicator registered a Higher Low in the same period of time. A correction may soon be on the way.
Technical Analysis and Outlook: Since Friday, March 25, Bitcoin's Inner Coin Rally $48,000 and Key Res $47,900 were completed, as shown on Daily Chart Analysis For March 25. The retest of the obsoleted Key Res $44,400 is a very low probability however is alive and well. The push to retest the completed Inner Coin Rally at $48,000 and Key Res at $47,900 and move...
After 4 tests of supply zone 44500k-45000k finely we see a breakout and a retracement in the Daily chart with a great wick Target is 51700k, but not directly it will goes not a financial advice good luck for everyone
Given the recent market selloff, the reversal forming on the daily, and with interest rates on the rise, financial companies will begin to rally again. I'm looking to take a long-term position in JPM, given they are a leader in the market and pay a high dividend. Aiming to take next January's ATM (140) calls.
Technical Analysis and Outlook Continuation downtrend from our Mean Res 4385, the index created sub Mean Res 4275 for the near-term retest. But the current main target is Mean Sup 4170, completed Outer Index Dip 4150. The Key Sup 4070 and expended Outer Index Dip 3990 are prevailing driving trends, whereas the intermediate bullish moves within the downtrend mode...