It's been some times since my last update on Nasdaq. As you see on my previous idea below, the break below the 1D MA100 (green trend-line) turned out to be accurate as the index made a Higher Low at the bottom of the long-term Channel Up and rebounded:
The first bearish barrier broke when...
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S&P500 index is approaching all time's structure high.
Chances are high to see a pullback from that.
I will short the market on Monday as it opens.
Be ready to sell!
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We are in a key area, if it surpasses this last laterality, we will very possibly see new highs. We will wait for some setback to introduce the sale with the losses above the maximum of 1h.
This operation must have two objectives: The furthest below 14000 and the closest must be at 15000 .. Later it will be analyzed. We continue with the downtrend.
Weakness in the SP500
The SP500 shows a technical weakness, plotting the actual guideline using the largest minimum with the last validated minimum. Followed by validated black guideline allowing false leaks. The price right now as of 09/17/2021 shows a notorious weakness since the previous times it bounced without preambles until today. We our one weakness in...
VIX-The Volatility Index , measured by the change
Of the basket of the S&P500 future's options
Broke the rising support line
Following a sharp rebound on the S&P500
And I think that after the retest of the broken Level
We will see further bearish continuation
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Hello TradingView Family, this is Rich and I found DXY H4 chart interesting, following the famous/great Wyckoff Cycle as per Richard Wyckoff.
First, What is Wyckoff Cycle?
- Accumulation Phase
The Accumulation stage is caused by increased institutional demand.
Bulls are slowly gaining power and as a result, they are poised to push prices higher.
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Float: 7m coins
Daily Turn: $3M
Catalyst: UVM Unusual Value Turn
Validation: $1.31 syndicate Breakout
Strategy: Position Size
WTI has clearly respected a key structure support level on a daily.
we see a sequence of rejection/dodji/engulfing candles and rsi divergence as well.
I have a bullish bias on WTI and currently hold a long position.
My stop is 50 level but I have entered a few days earlier.
Key levels for targets:
We will talk a bit about an index that has existed for a long time, yet many traders do not know or use it. With this, we do not mean that it is 100% necessary, but it is good to consider certain situations. This post aims to give a theoretical development and then the technical vision of the graph in different temporalities.
🔸First of all, let's talk a little...
Currently, we expect the DAX is going to rise and leave the low of wave 2 in green behind. It is important that the course is surging past 16024 points. From there, we have plenty of room to further increase to regions around 16500 points. However, the DAX must remain above 14998 points.
Here on the Dollar index, we can a clear break of Trendline, afterwhich price created another correction (which is a continuation pattern). Therefore, we expect to see some bearishness on the DXY.
However, this may be for a short, as the USD still possess strong longing sentiment. Trade with proper risk and trade management.
Thanks and good luck.
I have spotted a short, continuing on from my short call back in April. (yup, that long ago)
Price has broken below level making me think further downside.
I have broken the chart down here.
1% Risk 2:1 RR
Hello everyone, if you like the idea, do not forget to support with a like and follow.
NASDAQ is overall bullish and approaching the lower brown trendline so we will be looking for buy setups on lower timeframes.
on H4: NASDAQ is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our...
✅S&P500 broke out of the rising channel
And after the retest fell back to the breakout low
Just as I predicted in my previous analysis
Now, I personally doubt that this is the end
Of the Great Covid Bullish Rally
So following the buy the dip strategy
That worked so well during the last 2 years
I've Identified two...