This is what real panic selling looks like. SPY just blew through all important Anchored VWAP and moving averages. SPY is clearly in a downtrend and I would not be a buyer anytime soon until the trend termination is confirmed. "A trend is innocent until proven guilty". Don't try to fight this trend or you will get burned. Of course we are getting to extremely...
Today we saw continued weakness in SPY after yesterday's gap down and consolidation move. SPY closed today at Low of Day (LOD) meaning sellers are still in control coming into tomorrow. I believe more downside is still possible as the RSI on the Daily Timeframe is not yet oversold. I've noticed a lot of people attempting to look for bottoms this morning,...
Dmart seems in demand and price action is respecting well to SR levels seems pretty bullish
The SPGI continues bounce on the 30 week moving average. Now the S&P 500 is doing well. There are many things covered by the media that are anomalies in life and not true reality for the world in the large scale. With the understanding of the big picture, the world is progressing forward with better policies and a reduction in conflict. Things will never be...
hi guys! it's been a long time since I'm not uploading my idea for you and for me. here it is, this is my idea of XAUUSD. so we got a pattern here, i'm gonna entering my position at the support and my TP at the resistance line of my trend line. so I think it's a good idea to trade when the price is still on the pattern. Good luck to y'all guys!
Hello Traders! Welcome to another update, This will be a quick one on ETHUSD, potential 10% trade setup! Points to consider, - Bullish on 240 timeframe - Price testing major resistance - Stochs showing downwards momentum - RSI reaching overbought territory - EMA’s holding price as support - Volume is picking up - Double bottom wicks (bulls strong in this...
WBC has had a nice rally upwards after hitting support but now we see a big hurdle for WBC which is the .618 fib zone.
The finest industrial metal of the world refusing to give up its value on the daily chart. With the growing demands of material goods, made out of industries in this digital saga: It is used for jewellery and silver tableware, where appearance is important. Silver is used to make mirrors, as it is the best reflector of visible light known, although it does...
Measuring Unit : Per Ounce (oz) Declining price of global cross asset XAUUSD - Gold, from $1414. OANDA:XAUUSD Daily close below $1406 will escalate bearish pressure till $1496. Penetrating above $1412 will more buy stop order until $1222.
Here is an update to my weekly chart. I haven't changed anything The price wicked off 13880 exactly as expected At this point I'm still expecting this rollover to take place into Sept. The 5,6 and 7 you see were drawn on the monthly and show up here on the weekly as well about where they should be. Disregard the yellow arrow you see in the bottom panel, it...
Here is my new thought about Bitcoin. Tell me what you think please in comments bellow. Let's talk about this together. Please hit the like button if you agree with this. Thank you.
$SPY measures against Copper, $SOX semi's, US TBOND 2vs10 year bond spread, Breadth indicators Advanced/Decline Ratio, Percent of Stocks Above 50-Day Average on US Exchange.
On the chart we see that our pair begins to form the “head and shoulders” pattern. The shoulder level is at the previous level of the “upside-down head and shoulders” pattern that preceded it. We believe that now the second shoulder is formed and the pair is aimed at the neck level. Therefore, we advise you to consider opportunities for entering short positions.
EURUSD ANALYSIS So on the EURUSD we have had some interesting action happening in the past couple weeks. If you look on the weekly chart of this pair you will see we made a nice head and shoulders and about 2 weeks ago the right shoulder (where it is now) had breached to the downside and broke recent significant structure on the daily timeframe. What we saw last...
Sorry if you're getting spammed for alerts. For some reason TradingView is not publishing my idea properly I've had to attempt a few times now. Based on RSI , market geometry and EW, I think this may be a probable path. The bear trend seems to have reached exhaustion and bulls are willing to buy below 6k but unwilling to chase the price up. We will encounter...
BITSTAMP:BCHUSD started a very good bullish run in the past 14 days. If you look at the daily chart you see that the price reached resistance at 1500.00 and was rejected. We can see the yellow zone, lower point was resistance BITSTAMP:BCHUSD pushed through and will now act as a support at 1175.00 level. The price correction is in play for 2 days already. I...
Says value should equal 0.73 , good value to start buying from 0.7175 please keep in mind imnotrader
The volume has been getting lower and lower as we reached new highs and it seems that we are just running on steam. I am not taking positions yet as I didn't get a signal from my systems but this is looking very bad.