This is my analysis on GOLD. I think it is bearish. Price has retested the resistance and showed rejection. EMA has crossover, and EMA line is above candlestick
Mcdonalds (MCD) stock is currently trading around at a price of $251.52. With respects to technicals, historically, trading below the 300 period MA has been a pretty good buying signal for this stock, and it is currently around 7% below its 300 day moving average. With respects to fundamentals, fast food is typically regarded as an inferior good, which means that...
AMEX:SPY November 10, 2023 15 minutes. As expected 439-440 was resisted. In fact, the open bar for the day was a gap up and closed at the low of bar triggering a sell with an Sl above the high of bar. AMEX:SPY is now below all moving averages. And 200 s around 431.5. Now considering the last fall 437.67 to 433.39 we can short at 436 levels. Reason is It...
Here on the Daily Chart we have The Walt Disney Stock. Price has been outlining what looks to be a possible Inverted Head and Shoulders! The "Neckline" @ 86.28 has been tested twice, once on Sept. 15th after the creation of the first "Shoulder" and again on Oct. 17th after the creation of the "Head". Now since we have the creation of the second "Shoulder" or the...
Three patterns, three possibilities Regardless same direction. Welcome to the last cycle of Bitcoin, remember it while you can. Once institutional adoption is facilitated through spot ETFs, there will be no more significant drawdowns, and there will be no more large parabolic runs, as we have experienced for the last times. Anticipate the culmination of a...
Hi Traders! Silver continues to trade in the range zone as it cannot break above the 23.765 resistance area. Price Action 📊 The current price action looks bearish. Market highs and lows have started to become lower due to numerous price rejections around the 23.765 level. The market also recently broke and closed below the 20 EMA, and there are opportunities to...
Hi Traders, Investors and Speculators of Charts📈📉 Both Cardano and ETH have massive followings. When ADA was released, many argued it was going to be the "ETH killer" . (Don't shoot the messenger now). But today's analysis is not going to be about fundamentals, or arguing which coin is better than which... instead, we're going to take a look at which coin has...
AMEX:SPY November 9,2023 15 Minutes AMEX:SPY held 434-435 levels yesterday. I will take 2 Fibs The fall 438.09 to 434.88 The rise 434.88 to 437.79 For the rise, it must hold 435 levels. We have 200 averages around 428 levels. The stochastic black bar on rising last from 20 levels is missing on top so far. Oscillator 5,35 getting weak. It looks like ...
US30 has been consolidating at resistance area for the past 4 days which could be an indication of a reversal. Could be a pullback and bounce off of the Daily MA and continue bullish, or it could break through and continue in a sell. This is not advice, this is my analysis.
SPY SMA50 crossed under SMA100 Tuesday 10/17/2023 SPY close cross under SMA200 Friday 10/20/2023 Here's a backtest using the FibMAI strategy set to: Long = SMA50 crossover SMA100 Short = SMA50 crossunder SMA100
Hey friends and followers! 😊 I hope you're doing well. So, here's the latest update on the gold market. 📈 The gold price chart has just hit the 200-day EMA, and the MACD and SAR indicators are indicating a shift in the upward trend of gold. It looks like we might be heading towards a downward trend for XAUUSD. In my opinion, you can consider entering the trade,...
Passing the moving averages in the near future, McDonalds will remain in a stable uptrend channel.
3-day death cross is showing as converging on this 1-day chart. It is almost certainly unavoidable. Or I should say, there is a high degree of probability those moving averages will cross to the down side. An ugly week ahead for this San Francisco mobile payment company. If $27 does not offer support.... will reexamine at that point.
Storj is about to print an evening star, could lead to a leg down to 200MA support. ⚡️⚡️ #STORJ/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (3.8X) Amount: 5.0% Current Price: 0.4425 Entry Targets: 1) 0.4455 Take-Profit Targets: 1) 0.3515 Stop Targets: 1) 0.4925 Published By: @Zblaba $STORJ BYBIT:STORJUSDT.P #Storage...
Hi Traders! There is a potential double top pattern formed on the 1D S&P500 chart, and there is potential for further moves to the downside depending on whether we get another price rejection at the important 4393.57 level, which is the 4-week high. Price Action 📊 The market has had a big price rejection around the 4393.57 level and has now reached that level...
Hi Traders! USOIL is slowly pulling back to its three-month low at 77.68. Price Action 📊 The market's price action is currently bearish due to a few signs. The market recently had a trendline support momentum break after a very strong uptrend period, which has led to lower highs and lower lows. Finally, the market broke under the 20 EMA and has failed to go...
Palladium is starting to pique my interest. After retreating from as high as $3000 at the peak in April 21' - the commodity is now down 65% and reaching interesting long term levels. Firstly the current level at approximately $1025 is where palladium peaked as far as back in January 01' - almost 22 years ago. If this becomes a point of polarity, the previous...
AMEX:SPY November 8, 2023 Price action is still positive. AMEX:SPY making HH HL pattern. We wanted 435 to hold yesterday to continue the uptrend. The low was 434.51. That numbers came from the last rise 433.68 to 435.3. 61.8% retracement would have been 434.46. Low was 434.51. Now all indicator except Oscillator 5,35 is indication uptrend. Oscillator 5.35 is...