Hello traders and investors! Let’s see how SPX is doing today, and do a complete multiple time frame analysis (MTFA) on it! First, in the 1h chart, we see a clear bull trend, as the index is doing higher highs/lows. We broke the past resistance at 4,416, and now we are heading to fill the gap at 4,472. We don’t see any top signs at this moment, and not a single...
SQ is now formiong a potential inverted Head & SHoulder's formation, a breakup of it's neckline @ 132 could confirm that the trend is reversing to up. When a breakup does happen, a re-test (pullback) of the neckline is not uncommon but as long as it does not breach this level, then the neckline will become the new support, with potential H&S target @ 180 (abt 36%...
Hello traders and investors! We have to update our thoughts on NVDA! Yes, NVDA hit our target today, 9 days after we called the dip, when NVDA was trading right here: Now that it hit our target, it seems it is losing strength, which is ok. Corrections are natural movements. Any bullish reaction near the 21 ema would be an opportunity to buy. I see the $ 232...
Hello traders and investors! Let’s see how the SPX is doing today! First, in the 1h chart, it did exactly what we said yesterday (link to my last analysis below this post), and retested the 21 ema before bouncing back up again. This movement was very technical and expected, and now it is just resuming the bull trend one more time. Since the momentum is bullish...
Hello traders and investors! Let’s see how AAPL is doing today! First, in the 1h chart, after a very strong bearish movement, it seems it did a rounded bottom chart pattern just under the support at $ 162, frustrating the bears, and reversing the trend – at least in the short-term. In addition to the rounded bottom, we had a bullish pivot point triggered,...
Hello traders and investors! The SPX is going up nicely today, and this movement is very technical. In the 1h chart, it found its support at 4,161 (red line) again, and it did a strong bullish reaction there. We see a bullish pivot point, which bottom was just above the 21 ema, indicating a nice short-term reversal. Now the index is facing its first challenge:...
Possible gap to finish filling tomorrow 4 point possible short, hm?? lets see hopefully some consolidation during pm so we could possibly catch the move on puts ? #15min
Looking at the current state of the market, world events, increasing of oil and precious metals, the overall market looks like it wants to continue a downtrend. There's a gap set on May 22 and May 26, 2020 that has yet to be filled. The potential bear market can bring Delta towards that gap to fill it, then back up to fill other gaps above. Let me know what...
I know this is a little bit of a messy chart. Alot of trend lines and yellow rectangles- Here is the breakdown and outlook for SPY leading into the weekend and next week- I am anticipating a small correction this morning that will lead us to Pre market gap fill with a target of 426.44. This will achieve gap fill and trendline support (Green box for reference)...
Here are the CME GAPs for Bitcoin (BTCUSD). Thanks @MagicCannon for pointing it out in my previous trade idea. Notice that the ~$11,200 GAP coincides with the ~84% correction pattern: Hit LIKE & COMMENT! Namaste.
Will be buying calls within the lower 200 range expiring between April and May in an attempt to potentially benefit from this potential rise to fill the gap.
Hello traders and investors! Let’s see how PYPL is doing today! The trend is clearly bearish on it, however, it is reacting nicely today. This reaction came at the right time, as PYPL is trading at a support area, and we are quite far from the 21 ema as well. A reaction was expected, and it is convenient. We don’t see any bullish structure, and this reaction...
Hello traders and investors! Let’s see how NVDA is doing today! First, in the 1h chart, it is retesting the previous support level, and it seems it wants to react. We are far from the 21 ema, and the stock looks oversold. The $ 246 is the next resistance to work with, and if NVDA reacts now, it’ll be easy to see it going up to this level again. The $ 209 is a...
Hello traders and investors! Let’s see how the SPX is doing today! Since the last time it hit the 21 ema, it seems we had another DCB and the index is again at its support level. Yesterday’s volume was quite high, and if it loses the 4,167 today, the next target will be the next support at 4,056. So far, the trend is bearish, and there’s nothing indicating it’ll...
On weekly (1W) and daily (1D) structure is aligned, with a bearish trend. We observe several structure breaks at 4h and 2h time frame, it also shows weakness in creating a possible bullish structure change. Throughout the range, the price has formed accumulation zones (Liquidity) and followed by a breakout of the liquidity zone (SPRING). Continuing in favor of...
Today's trading idea is focusing on NYSE:SQSP The stock is gapping down to $17.5 (pre-market) after worse than expected 2022 revenue expectations. The stock broke an all-time low of $22.43 that now became a resistance level. The idea is to go Short at the open when it will try to move higher and fails. (What we call a gap and Go)
Watch how XAUUSD responds to price level 1974.38. There is a gap at 1974.38.
The Gap, Inc. operates as an apparel retail company. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, Intermix, and Janie and Jack brands. Its products include denim, tees, fleece, and khakis; eyewear, jewelry, shoes, handbags, and fragrances; and fitness and...