Last week we saw the December E-mini Russell 2000 Index futures continues its bullish run with its third consecutive green candle closing into the Ichimoku cloud and above its 52-week moving average. With this move up, the MACD showed a bullish cross indication by crossing its signal line. RSI is trending up along with price. A continuation of this uptrend might...
Pax Gold printed a dragonfly doji and looks ready for mid-term recovery towards 50MA, in sats. ⚡️⚡️ #PAXG/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 13.1% Current Price: 0.05392 Entry Targets: 1) 0.05301 Take-Profit Targets: 1) 0.06309 Stop Targets: 1) 0.04897 Published By: @Zblaba LSE:PAXG BINANCE:PAXGBTC TVC:XAU TVC:GOLD ...
$SCRT - The native coin of confidential computing project Secret Network looking strong after the recent reduction of inflation to 9%. The vote passed with overwhelming support from validators on the network: www.mintscan.io
Avalanche lost 50MA support and seems to be heading towards 200MA. ⚡️⚡️ #AVAX/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (2.7X) Amount: 4.9% Current Price: 20.800 Entry Targets: 1) 21.465 Take-Profit Targets: 1) 15.010 Stop Targets: 1) 24.700 Published By: @Zblaba CRYPTOCAP:AVAX BYBIT:AVAXUSDT.P #Avalanche...
I couldn't contain my excitement any longer, so I had to drop you a line and share the good news: BTC has successfully crossed above the SMA 100! 🚀 Now, before we dive into the details, let's take a moment to celebrate this significant milestone together. 🎉 It's moments like these that remind us why we love being a part of the crypto community – the thrill of...
Hi Traders! GBPUSD continues its bearish outlook, and further downside momentum looks very likely. Here are the details: The market is trending down, with longer swings consisting of lower highs and lower lows. The previous support level of 1.26034 has been broken, and the market may go back to below the 1.25000 level. Preferred Direction: Sell Entry Level:...
AMEX:SPY December 7, 2023 15 Minutes. As expected uptrend was restricted as parameters were not in support. The gap-up gave a chance to short at open with SL 458.95 levels. In 60 minutes AMEX:SPY is t 100 average support with 200 being 444 levels. I expect a downside today. If we consider the rise from 446.09 to 459.64 XETR:SPYY has retraced to 38.2...
IWN on the reliable daily chart has been trending down for two in a descending channel as shown on the chart with upper and lower trendlines drawn with the tool. The Stochastic RSI oscillates in the interval between oversold and over bought and presently is well overbought at nearly 100. While the RSI may double top like it did in July, it is at least...
We had some indecision in the market yesterday, with a doji-like candle by the end of the trading session and both ends similarly long. It may seem like the selling has abated somewhat. However, note that the PPMs are all still negative even if they are not in trend. Yes, they are starting to gain momentum, but the SMAs will still need some time to reverse and...
Amgen has been stuck at its current price area for almost 3-1/2 years, but now some traders may expect its longer-term uptrend to resume. The first pattern on today’s chart is the $255-260 price zone. It roughly matches peaks in the summer of 2020, the spring of 2021 and the spring of 2022. AMGN ripped through it late last year, pulled back and stalled at the...
Most of the time, there is a correlation between the SP500 index and it's volatility. As you can see in the chart, a trend reversal occured in SP500 almost everytime VIX dipped. Now, SP500 is at a major resistance and the VIX is at the lowest level of the recent time. It wouldn't be surprising to see a reversal for SP500 at this point. Where can be a recovery...
Autozone has been in a clear uptrend since March 2021 and I'd see this uptrend continue after possible pullbacks. Areas plotted to look out for, duplicated trend lines expected to work as S/R zones, combined with daily and weekly MAs to be used as S/R confluences.
TRADE DIRECTION: SHORT; as indicated by the red EMA cloud and the market structure. KEY LEVEL: 1) Round numbers S&R with 25 ticks range between each level (hidden) 2) Monthly, Weekly and Daily Pivot levels. TRIGGER SIGNAL: Price broke the previous day's low (green circle) and retraced to the bearish EMA cloud. A bearish pin bar (in yellow circle) formed as a...
AMEX:SPY December 6, 2023 15 Minutes. As expected AMEX:SPY was in the range 454-457-458. The gap down yesterday allowed going long around 455.5 for a target of 457-457.5. I will consider today's few fibs. In 60 minutes I will take the rise from 446.09 to 459.64. So far AMEX:SPY has retraced around 456.5 levels being 23.6% retracement. So it is bullish. But...
Looking at the daily and the weekly, it seems like the sell-off is gradually starting to taper. The daily 10 SMA is looking to do a 180 turn and the PPMs support it. There may be another one more session of continued selling for the stop-hunters but by and large, I would think the downside could be limited. Of course, being still in no-trend territory, all the...
Technicals: Daily Inside Bar breakout from support@15830 Positive MACD Weekly and monthly Uptrend 5EMAs pullback strategy Price is retaking the daily tenkan +1st pb of new daily trend up Stage 3 trend developed
1) good news for the stock 2) Stocks reacting on news 3) news and pattern breakout beauty ful combination 4) run a wide gap up in cahrt 5) Volume-supporting chart go upside move
Today NYSE:DFS pierced the bottom of the gap that was created on October 19, when the stock sold off following earnings. The market's attitude this week has been that "bad is good". GDP forecasts are coming down, retailers are warning about consumers lowering their spending level, NASDAQ:AAPL gave a muted earnings release. All this meant that the Fed left...