SP500 is rising towards a pullback resistance and could potentially reverse to drop lower towards our take profit target. Entry: 4271.69 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci retracement level Stop Loss: 4321.41 Why we like it: There is a pullback resistance that aligns with the 61.8% Fibonacci retracement...
Yes, the DAX is clearly within an established downtrend on the daily chart. And its drawdown from its record high is relatively shallow at just -11.5% by historical standards - meaning we suspect further losses could be coming. Yet its failure to break beneath the December high and March low has not gone unnoticed. And given it formed a bullish hammer around...
The controlled progress of the US technology stocks index led to a 0.30% increase in the closing. The day started with an initial weakness and an opening at 14,514.1 points, below the lows of the previous session, but during the day, we witnessed a strengthening of prices. The technical analysis of the Nasdaq 100 reveals an expansion of the downtrend line, with a...
After much bullish candles at the open of the New York session on Monday, US30 continue bullish and toward the close of the market we have massive bearish candles. We should expect strong retracement to the downside breaking the support zones before the open of NY session today.
After much bullish candles at the open of the New York session on Monday, Nasdaq 100 continue bullish till the close of the market. We should expect strong retracement to the downside breaking the support zones before the open of NY session today.
Hey Traders! 🙌 New week, new challenges, and the markets are buzzing! 🐝 🔥 Bitcoin: It's at a pivotal 31K level. Keep an eye on the resistance cluster. If it breaks, we could see 45K. 🚀 📉 NASDAQ: Currently at a major resistance level of 14,646. Today's opening is crucial. Will it rebound or sink? 🤔 📊 S&P 500: We've been short and it's paying off. Watch the U.S....
Technical Analysis and Outlook: The Spooz index held staunchly by our completed rebound projection and Mean Res 4378 by tumbling down to Mean Sup 4224, eyeing a retest Inner Index Dip 4212 with an intermediate rebound target to Mean Res 4255. The index could extend to the next Inner Index Dip 4150 for the next week's trading.
Quick Nasdaq long. Entry: 14900 SL: 14855 TP: 15035 Taking half profits at 15000 Enjoy the ride fellas.
Still in this GOLD short. Looking for a move down. gold gold gold
Alright guys you win some you lose some, I'm looking for another positiopn on USDCAD in a stronger area. Lets see how the trade plays out.
It's like throwing darts and guessing whether it's going up or down for the month... This is an intraday traders haven rather than a swing (position) traders environment... The best we can do is diversify and hedge different longs and shorts at the same time and risk a little... Only technical thing I can say is if the support holds and the price goes up, it...
Nasdaq Futures are holding really well for the following:- Bullish Case reasons 1. Heavy Volume of 773K today with the hammer formation. 2. We are still holding 50 Day EMA 3. We are still above the Anchored VWAP. Bearish ONLY IF :- 1. nasdaq closes bellow 50-Day EMA.
Yellow: monthly range blue: weekly range green: daily range Looking at my typical rules US30 is still looking bullish even with everything going on in the world, crazy enough. Purely looking at this via technical and tuning out the rest. Pullback to the top of the daily range inbound and then long to follow.
Hello Traders and Investors, My name is Philip and I am a German swing-trader with over 4 years of trading experience. I only trade the higher timeframes, preferably the monthly chart, because this allows me to capitalize on the major market swings. I view trading as a long term game over the next 20 years which will help me to build massive wealth - it is not a...
Hey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 34400 zone, US30 is trading i n a downtrend and currently is in a correction phase in which it is approaching the trend at 34400 support and resistance area. Trade safe, Joe.
DXY D1 Unfortunately we haven't seen an awful amount of response yet from the dollar index. Still waiting for a bit more confirmation on the downside potential here, and thus ***USD longs. US100 and US30 have been climbing, with a short reaction from US30's 34000 price we marked yesterday. How much mileage this may have? I don't know, it depends on how to...
Based on the symmetrical nature of price action after higher timeframe levels are engaged, this is the expected price movement of ES over the next 4-6 trading sessions. This plan is void if ES creates a new low beneath Oct 4, 2023 low.
Transcript: 0:07 Hey there, folks! Happy Monday and here's to a great week ahead. So, let's dive right into the Bitcoin rollercoaster. 0:14 Bitcoin took a wild ride, soaring to 30,000 and beyond, hitting 30,200 in the spot market and 30,600 in futures. Why? Well, some fake news claimed the SEC approved an iShares Bitcoin spot ETF. But, hold on, BlackRock stepped...