This is a very long-term view and, of course, anything can happen if you are trying to predict 2-3 years move. As you know, in trading is best to trade what you see, not what you think, and what I see now is looking like Nasdaq is forming a measured move and as crazy as it may sound in the current economical conditions, the target for this pattern is well above...
Outlook on US500 remains bullish while price remains above 3910. Aiming to fill daily imbalance before potential shift in sentiment. Targets annotated in chart. Monitoring intraday price action for potential trades with bias to the long side.
Was expecting EU to fill the daily imbalance last week, however it just barely pierced it then started breaking structure to the downside, this is a bearish signal in my opinion, my outlook remains bearish unless it decides to move to fill that imbalance. Targets are 1.00588 level and 0.99521 levels. Monitoring intraday PA for trade opportunities with a preference...
Technical Analysis and Outlook
After completing our Inner Index Rally 4157, the index is in the mode of steady to higher - All things considered, the market will very likely retest not fulfilled Key Res 4177 before turning to the downside - Mean Sup 4090.
today I was expecting a correction or bearish market, following a head & Shoulder pattern in nifty if it goes as marked direction to the level of 17234 we can sell only it cross and sustain below that level.
Here is our technical view for SPY.
Our analysis is based on current market fundamental sentiment.
According to our chart SPY is trading within a support.
Based on our stand point the price will accumulate
to the next resistance level.
Please, support our analysis with like and comment!
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On the H4, prices have broken the ascending trend into a bearish biased trend. Prices have been strong in its bearish momentum, still respecting the Ichimoku cloud. Buy entry at 105.657, 61.8% Fibonacci retracement. If price were to break this support level, it will pullback further to test at 78.6% Fibonacci level and we will take profit at 104.879....
After a series of higher highs and higher lows, price has formed lower high and lower low. Anyway, we should wait for the price to react to 12200 zone. If price breaks this zone, look for the opportunity to sell.
Hey traders, in today's trading session we are monitoring US30 for a selling opportunity around 31900 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
NAS100 Analysis for the week of 7/24/2022. Pay attention to each sensitive level to see if we will break our bounce. We have slight consolidation on the weekly time frame; waiting on an expansion breakout or trend before the market is settled in one direction.
The three decade + trend for bond rates has been downward. In June, we witnessed the first rise above that trend line in recent history, followed by a return to the trendline last week. This is a pivotal point for both bonds and stocks. If stocks drop back down below the trendline, we can see the market go higher in the near term. If the 30 year bond rates...
there are a couple scenarios for the critical resistance weve just about come up to on the l nasdaq. i think were above pivot, and where we start out friday will define next weeks activity. if we hit that resistance sss moving average, and we fall beneath the pivot forming bearish divergence daily rsi i think were headed for daily consolidation. if we breech that...
USDOLLAR (Indices). if the trend breaks the low supply with out going to the higher supply then is the good time to enter the trade, if its not then we need to wait couple of hours to break down and enter the trade safely.
risk management: stop loss on 0.07% lowing chance, take profits on 0.39% incase if you did pre-trade then is 0.78%
Hope this one helps :)
The price retracement on the demand zone .exacly at discount and premieum pricing.
It´s time to take ur profit.
please don´t forget like and support.
Good luck every one.
Any quetions contact me.
nas still continues to trickle its way up breaking the major weekly swing high, in 1w , on h4 we expect price action to pull back to the daily imbalance and orderblock and reverse there
