Hello traders and investors! Let’s see how the SPX is doing today! Again, the 3,979 worked as a resistance, and this is not a surprise at all. We've been talking about the 3,979 since last week, and we know that as long as the index stays under this price, it can’t do a decent reversal. The link to my previous analysis is below this post, as usual. At least,...
CME_MINI:NQM2022 - PR High: 11856.50 - PR Low: 11809.75 - NZ Spread: 258.50 Evening Stats (As of 12:05 AM) - Weekend Gap: = +0.23% (filled) - Session Open ATR: 443.19 - Volume: 33k - Open Int: 251k - Trend Grade: Bear - From ATH: -29.5% (Rounded) ! Hovering over -30% from ATHs. Tuesday's gap unfilled ! Key Levels (Rounded - Think of these as ranges) -...
Hello traders and investors! Let’s see how the SPX is doing today! Yesterday’s reaction was quite good, but as we thought, not enough to trigger a real reversal. We pointed to the 3,979 (black line) as the main resistance to break, and not surprisingly, this point was yesterday’s high multiple times before it melted today. The link to my previous analysis is...
2AM EURUSD opened with a Gap. Often times when this happens price fills that gap quickly. Price is falling to fill the gap. When you're able to catch these plays it's a lot of fun!
Hello traders and investors! Let’s see how AAPL is doing today! First, we see a very strong reaction, breaking the 21 ema along with the previous resistance at $ 140. This seems to be a V-shape recovery, just as the SPX is doing. This is a good indicator, and this could be the beginning of a reversal on AAPL, but we must see more confirmation signs around. A...
On the chart there are distinct observable bear and bull phases (which I have labelled) The currently displayed two bull and bear phases are roughly the same lengths in time Currently, we are moving into another bull phase for GPS, as it climbs out of the 1.618 fib
Hello traders and investors! Let’s see how the SPX is doing today! First, it crashed a lot yesterday, losing the 21 ema, frustrating any possible bullish reaction. Right now, we don’t see any reversal sign, and there’s nothing indicating that the index could recover from here. However, it is not all bad. If the SPX keeps dropping, we have a support at 3,858,...
... matches the CME meme gap at 35180. Could it be a sign? Fibo
NIO. A major E.V ( Electric Vehicle ) player in China. Its price structure probably found its “base” @ around 9.38 after filling up the previous “price gap”..
Kroger is one of the top-performing non-energy stocks in the S&P 500 in the last year. Now it may look interesting to trend followers. The main feature on today’s chart is the surge after quarterly results on March 3. KR tried to pull back to the bullish gap in April, only to see buyers defend levels slightly above it. Notice the series of candlesticks this month...
Hi on CME chart we have two GAP's 1: $24600 - $26200 2: $34500 - $35200 BTC has really strong support at $29k - $30k which one you think touch sooner??? please share your opinion in comments :)
Hello traders and investors! Let’s see how NVDA is doing today! In the 1h chart, NVDA is very erratic, moving sideways, and we don’t see any clear structure that could confirm a bullish or bearish trend. What’s more, it is dancing around the 21 ema (which is flat), and the volatility was quite high today, thanks to Unemployment Rate and Payroll today. We do...
TWLO has seen a dramatic drop off of highs. It is currently downtrending with strong moves under the 10ema on the weekly time frame. I am looking to short the retest of the 10 ema on the weekly chart and short it to the ultimate target of 110. This is the low of the breakout candle made during the week of May 4, 2020. There is support at 150 and 130 between here...
After getting wrecked from ERs, TDOC seems to have found a bottom for now. It has also entered a gap from the drop. I would wait for a new high (yellow rectangle) and then target $50
FB hit a low of 169.589 on 27 Apr on high volume and then gapped up strongly the next day on even higher volume (due to positive earnings). There is a chance that it could have capitulated after having dropped about 56% from it's peak in Sept 2021. It could stall around near term resistence (239 to 248) on the way up and I will not be too surprised if it starts...
By Completing The Falling Wedge Lattern We expect the price to cross over 40k and 41k Retraces Beside the Chart pattern Confirmation for Increasing The Market Cap of BTC We have a divergence In Relative Strength Index Indicator which is a sign For Breaking out 40k Retracement. This is not Financial Advice
Activision Blizzard ( ATVI ) Due For Snowslide? I personally enjoy snow related activities to include snowboarding. But I can assure you a snowslide event is furthest from my mind when I go. If I had a heads up for the probability of one occurring in an area, I'd take adhere to safety precautions or be far removed from the event. I believe that Activision...
Netflix Gap Down X 2! 2 gap downs were identified with the most recent gap down (81.69) on April 20, 2022. The other gap down (95.78) occurred on January 20, 2022. Both gap downs occurred AFTER earnings. Position-Neutral. On one hand I am bullish on NFLX because it is oversold and volume is relatively low on the daily chart. As aforementioned, NFLX has two gaps...