NASDAQ Index is currently consolidating within a horizontal range. Most likely, the market participants are waiting for the FOMC tomorrow. Depending on the reaction of the market to the boundaries of the range, I see 2 potential scenarios. Bullish Scenario If the market breaks and closes above 19115 the resistance of the range, with a high probability, a...
I see a nice gap up on Dollar Index. As always, chances are high that it will be filled soon. Approaching a key daily horizontal resistance, the Index started leaving bearish clues. I spotted a confirmed breakout of a support line of a symmetrical triangle formation on an hourly time frame. The Index may drop soon and reach 104.95 level. ❤️Please, support...
One more instrument that we discussed on the today's live stream is US100 Index. This week, the market updated the all-time high, violating a key horizontal resistance. With a very bullish fundamental data, the Index has a nice growth potential. Next resistance - 19300 ❤️Please, support my work with like, thank you!❤️
Nifty Divergences On a weekly timeframe, Nifty 50 Index is making obvious divergences Price is making a new high while MACD histogram is in a downward slope Price is making a new high while the Force Index is dropping even below the 0 line today. One positive aspect for the bulls, though, is that it found support exactly where it was needed the most. On the...
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range ✅ day 2 cycle Tuesday DAY 2...
Dollar Index looks quite oversold after a yesterday's bearish movement. The price reached a key horizontal support and formed a double bottom pattern on that. I think that we may see a pullback today at least to 103.9 ❤️Please, support my work with like, thank you!❤️
Dollar Index nicely respected a key daily horizontal resistance. I see a double top formation on an hourly time frame and a confirmed violation of its neckline. I think that the market may drop at least to 104.43 before the news. ❤️Please, support my work with like, thank you!❤️
Looks like Dollar Index completed the correctional movement and ready to go down again. I see a bearish flag pattern with a confirmed violation of its support on 4H. The market may reach 104.2 soon. ❤️Please, support my work with like, thank you!❤️
S&P500 index recently updated the all-time high. After a violation, the previous ATH turned into support. The market retested that and positively reacted. I believe that a bullish trend will continue. The market may keep growing to 5380. ❤️Please, support my work with like, thank you!❤️
S&P formed a cute cup & handle formation after quite a strong bearish movement on this week. A bullish breakout of the neckline of the pattern is an important sign of strength of the buyers. I think that the Index will keep growing next week. ❤️Please, support my work with like, thank you!❤️
Do not forget, traders, that tomorrow we are expecting FOMC. Ahead of these fundamentals, US30 started to consolidate within a narrow intraday range on a 4H time frame. I will wait for its bullish breakout for a strong bullish confirmation. 4H candle close above that will confirm the violation. A bullish continuation will be expected then. ❤️Please, support...
S&P500 broke and closed above the resistance based on the all time high. It opens a potential for a further bullish continuation. I will expect more growth at least until FOMC on Wednesday. ❤️Please, support my work with like, thank you!❤️
Dow Jones closed this week, approaching a horizontal resistance based on a current All Time High. Because the trend is strongly bullish, probabilities will be high that the price will break that. Daily candle close above the underlined area will confirm the violation. A bullish continuation will be expected then. ❤️Please, support my work with like, thank you!❤️
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” Let’s jump into the Technical Analysis: WEEKLY TEMPLATE (1hr chart): Tuesday, Wednesday and Thursday the market bring traders...
Dollar Index may keep falling from a key daily horizontal resistance. I see a bearish confirmation on an hourly time frame - a bearish breakout of a minor rising trend line. Goal - 104.015 ❤️Please, support my work with like, thank you!❤️
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” Let’s jump into the Technical Analysis: WEEKLY TEMPLATE (1hr chart): Monday day 1 broke higher the previous HOW, failing the...
In 1 hour, we are expecting US PPI report. Ahead of the release of that data, I see a bullish price action on US30. After a test of an intraday support, the Index started quite a long correction within a narrow horizontal range. Its resistance was broken with a strong bullish candle, indicating the strength of the buyers. The market may bounce. Goal -...
Dow Jones keep breaking key levels. This week we saw a breakout of a one more significant resistance. Bulls clearly show their power. I will expect a further bullish continuation. Next resistance - 39850 ❤️Please, support my work with like, thank you!❤️