Buyers return to the market on Friday in the S&P 500. The challenge is can they follow through on Monday. This is the action that you would be looking for if indeed momentum is building on the buy side.
I caught the breakout of this HTF selling channel and sold at the top. We are now retesting the orange selling channel with support from our strong buying teal channel and below it, yellow. With banks announcing earnings in a little over a week, this could see us at $100 really quickly Happy Trading :) - TraderDaddyOG
Tapering Tapering Tapering! Looking for a buying continuation activation and breakout of our controlled selling algos. If you look on the daily chart as well, you'll see a massive (beautiful) Inverse H&S pattern forming. Happy Trading :) - TraderDaddyOG
This is not a financial advise it's for educational purpose only. Like and follow me for more 🥰
The stage is set in the S&P 500 for Friday's job report. On Thursday the S&P 500 overreacted to comments made by the Fed presidents. When you have this type of report on Friday, the market reaction on Friday is 50-50.
Whenever gold prices are trending higher, it hints at trouble ahead. Historically, silver always catches up later. During past crises, when this happens, this “silver shift” is very fast and furious. Its magnitude for silver is much greater than that of gold. Video discussion: 1. One key reason why silver is lagging behind for the time being 2. Why Gold and...
thoughts and ideas on IS300 Short ideas potential 3,000 profit
The expectation for Thursdays price action in the S&P 500 is for movement to the upside but not a large move based on the structure shown on Wednesday.
In this video I go over my thesis on why I am short term long the corn futures market due to the energy market picking up some positive momentum due to strong manufacturing data coming from the two power houses U.S. and China and how I think this could positively impact the price of corn due to it's use in ethanol. Higher crude oil prices can generally have a...
After the break lower in the S&P 500 on Tuesday, the expectation for Wednesday is a rest day as the market waits for additional job information in the latter part of the week.
Join me in this ever boring and dry, yet information packed video breakdown of USDJPY. You will be blessed with drone terms such as interest rate differential and JOLTS. Grab your coffee and buckle up, because today we are going deep on this pair!
This is not a financial advise it's for educational purpose only. Like and follow me for more 🥰
After Monday's action in the S&P 500, a dramatic lower move would not be expected for Tuesday.
This is not a financial advise it's for educational purpose only. Like and follow me for more 🥰
Chart shows Technical analysis of Eicher motor and Some points about tracking fundamental or Technical analysis in trading. This is only for educational purpose. Do your own study before taking any trades
This is not a financial advise it's for educational purpose only. Like and follow me for more 🥰
Some banks and Institutions require their execution desks to close positions as the month comes to and end. This sometimes causes wild and irrational choppiness in the price action. Caution as the market closes out the month of March 24'. PCE data is forecasted to decrease which could spark some optimism and a rebound to the upside to end the month. If not, we may...
Based off fundamentals and apparent momentum in the market, my bias remains as bearish for the EurUsd currency pair. The Monthly candle has reteaced nearly all of it's gains as we come to a close in 2 days. The the top wick signals rejection from the high of the Monthly resistance to me (1.103). This coincided with Jobs data and Increasing inflation data and the...