backed with macro market data analysis to predict ism news and it's affect on dxy then correlation with gold also fundamentals approach on gold bearish and take advantaghe of entrys on technicals
backed with ism to provide momentum and liquidity fundamentals to determine the bias or the direction tech to execute 'enter' 'exit'
XAUUSD UPDATE TRENDLINE & Resistance AHEAD | SHORT 🔥 Gold is Going up Now But There is a Strong Sell Zone Around 2347-2352 This Iam Expecting a Pullback And a Move down Towards the Target at 2310...!!? Good Luck Guys 🤞
Gold rebounded after a round of decline, but the high point of this rebound became lower again, and fell again when it reached around 2341. Although the ADP data just released was bullish for gold, gold is still in a weak and volatile state, and has not rebounded significantly. of rise. On the whole, gold is still in a downward trend, with lows moving downwards...
Yesterday saw another swingy session for US stock indices. All the majors began the day on the backfoot, but subsequently recovered their poise to end near their highs. They were all a touch firmer this morning, with the S&P 500 back above 5,300 in early trade. That places the index within 50 points, or 1%, of its record intra-day high from a fortnight ago. Could...
(Based on the 1D Chart) 🛢 CFD: WTI CRUDE OIL 🛢 RESISTANCE @ 85.21 TP4 @ 84.39 TP3 @ 81.44 TP2 @ 79.52 TP1 @ 76.76 SUPPORT @ 74.51 BSO @ 73.94 ⏳ BLO @ 72.22 ⏳ FUNDEMENTAL ANALYSIS Crude oil prices have slightly recovered from a drop caused by pressure from the Federal Reserve, but they are still stuck in a narrow range. When the Organization of Petroleum...
6/5/24 - vrockstar - NASDAQ:BASE - among NYSE:CXM , NYSE:SMAR and now this one reporting tn... they all basically suffer from the same factor problems (read those). the issue w base is that it's possibly even worse given the size, higher valuation, actual cash burn (despite dilution) and arguably even more "at risk" of AI-narrative-murda. the chart is defn in...
6/5/24 - vrockstar - NYSE:SMAR - gawd it's so hard to buy 4x ev/sales even w/ high teens growth, inflecting opex leverage when you look at mid 30s PE, high dilution (stock comp issue/ not real cash generator)... and ALL THE COMPS GETTING REKT in this size/domain (biz optimization let's call it). charts just all match each other with slightly different variation...
NYMEX:CL1! TVC:DXY Right now as the Crude Oil prices are at *premium and technically we are around a strong support area I think we would see a rally somewhere between 67.5 and 72.5. However, this week, we have PMI and NFP news ahead so if the reports come out to support DXY, Crude oil might stay around this area for a while (as it's seasonality suggests) *...
6/5/24 - vrockstar - NYSE:CXM - i like the inflecting opex leverage here, with gross profit up $25 mm in the last Q (on a YoY) basis and opex flat. this should continue and we'll still see mid teens growth for this smid cap. cash generation still fully supported by stock comp - which is undesirable but par for the smid tech complex. PE also less relevant here,...
Hello 👋 it's me your RAJ 🙂 professional trader ✨ This idea 💡 is completely my own analysis to explain situation _&_ market conditions of BINANCE coin 🪙 How this coin valid for long term 📌 including fud & news 🗞️ explained clearly 📌 #DYOR Key 🗝️ points 👍 👉 here previous basic analysis on BINANCE:BNBUSDT clear observation chart 📉📈 👉 if highly impossible...
6/5/24 - vrockstar - NYSE:CHPT - 3 yrs of cash burn runway generously (probably more like 2), trends last 2 Q's have been particuarly bad, electric factor/ hype has defn taken a backseat in the last months and simply put there's a lot of dilution happening here too at the stock comp level. i'd expect a raise at some pt which probably holds the upside hostage and...
6/5/24 - vrockstar - NYSE:NIO - just tough to justify 1-2 bn of burn even if co is net cash. sales trends not obvious and seem to have considerable competition esp from BYD (look at that chart!) and others esp in their low margin home market. the chart is death. probably will be volatile but as a trading stock only for now - hard to own profitable chinese tech...
ADP is performs payroll services for its clients. The ADP National Employment Report is a measure of the monthly change in non-farm, private employment, based on the payroll data of approximately 400,000 U.S. business clients. The release, two days ahead of government data, is used as a predictor of the government's Labour Market Report. A reading that is...
MSOS felt from its channel 2 weeks ago, but I see good potential for a bounce: 1. High probability it will back test lost support, which is around 9-9.20 mark. 2. Bullish divergence on 1H 3. Oversold on 4H 4. Gap filled at 7.72 5. Good volume yesterday comparing past few weeks 6. Sitting at the bottom of Bollinger 1-4H 7. Double bottom across past 5 days 8. Good...
Inv C and H has formed, the price not only opened below the brim but opened with a Run away bearish gap. The price is below both 20 and 200SMA> ANd looks like the next target is set to 51 cents. Not great but the charts don't lie.
with extended trendlines we don't need to be heros's as speculators Patience and letting price action CONFIRM a trend change is CRUCIAL .... Encouraging signs nonetheless!
Hi all. Timeframe 1 week. BNBUSDT completes triangle formation. At 213.8 there is strong support. Spot recruitment is available now. Also long during breakout/retest. Marked goals/levels on the chart.