No idea what the other indices are doing, looks like a melt up on ES and NQ because MFI is dropping while RSI is rising. RTY is oversold, and PTON is up so it means short squeeze time, lol. Small long position, don't need the heartburn.
$VIX rarely tends to trade in a small & tight range. #VIX Sold off big last couple months & traded in a decent range for a bit & recently, including today, popped big. As you can see it hit the top part of the Triangle Formation. Hard to call here but stocks gaining some momentum, being that many were OVERSOLD, including $DJI & $NDX, $SPX and so on, is not out...
🚨#Yields are still forming lower highs🚨 $TNX bucks trend but it lags (inverted curve) $VIX LOWER LOW This can be very good short term for #stocks & #crypto
📝 I will try to analyze the market as a whole, with reference to the Russell 3000 index , which is broader than the S&P 500 . (Russell 3000 is a capitalization-weighted stock market index that seeks to be a benchmark of the entire U.S. stock market. It measures the performance of the 3,000 largest publicly held companies incorporated in America as measured by...
Looking at the H4 chart, my overall bias for RUT is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a buy entry at 1893.8737, where the 38.2% Fibonacci line is. Stop loss will be at 1722.0208, where the previous swing low is. Take profit will be at 2134.4378, where the overlap resistance is. Please be...
This one is a bit more obvious, oversold. Watch out EOD because there will be shorts covering. Lot sof garbage stocks tanked this week including cryptos.
Looking at the D1 chart, my overall bias for RUT is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 1889.4148, where the 38.2% Fibonacci line and overlap support is. Stop loss will be at 1722.0208, where the recent swing low is. Take profit will be at 2134.1183, where the overlap...
Apologize for the LATE post on this We posted this elsewhere, documented, and bringing it here ---- Yesterday So, #fed tomorrow....... We get 25, likely rally and fade next day or few days later We get 50, likely sell off decently & then rally This could reverse in one day or take week or more #FederalReserve meeting #stocks #crypto #inflation Done for today...
This is a wave trend indicator on the S&P 500 index that is based on relative strength with straightforward oversold or overbought conditions. Relative strength is a measure of momentum where both speed (time) and magnitude (change) is measured and plotted with simple or weighted moving averages. What you are seeing above is a snapshot of a RSI/wave trend of the...
Well not really It did a perfect Gann retracement Half the move from corona lows to ath in half the time It’s broken the downtrend We have another bullish weekly It’s double bottomed Sorry bears u had your chance Target is ath mid 2023 NOT TARDING ADVICE GRI 2022
Looking at the H4 chart, my overall bias for RUT is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Look for a potential buy entry at 1789.4537, where the overlap support and 61.8% Fibonacci line is. Stop loss will be at 1722.0208, where the previous swing low is. Take profit will be at 1911.6949, where the overlap...
Golden Cross vs. Death Cross: An Overview Technical analysis involves the use of statistical analysis to make trading decisions. Technical analysts use a ton of data, often in the form of charts, to analyze stocks and markets. At times, the trend lines on these charts curve and cross in ways that form shapes, often given funny names like "cup with handle," "head...
U.S. stocks tend to rise during the Santa Claus rally period. The Santa Rally is considered the last five trading sessions of the year and first two of the new year. Since 1950, the S&P 500 has traded higher 78% of the time during the Santa rally period for an average gain of 1.3%. My price target for RUT Russell 2000 is $1860. Looking forward to read your...
Bulls take a position, get trapped; bears jump in and get trapped as well. A coil. Stops are placed. As they should. If the coil breaks out, half the crowd will quickly be wrong and bail. The market will eventually pick a way, discover price. Up down, cant do sideways forever. Crypto is rising, cpi is slowing. gasoline is cheaper. Cnn sentiment index is at...
Stocks closed pretty strong for the year, and the yearly open filled a gap very quickly. At the moment, I see very little evidence that the year will start with a massive dump, especially after 2022 was so brutal for stocks, bonds, and crypto. It looks more likely that things will first go up and then potentially go down. The market resuming its bounce makes more...
Purpose This analysis is meant to provide a long-term outlook for equity markets. I also use this to support my data-driven, long-term investment decisions. Sharing this with the public helps me avoid one of the most common mistakes investors make in the market - missing the forest for the trees. Table of contents Central banks policy Economic growth...
Rut looks nicely balanced It has retraced time and price in a controlled and balanced manner and is now in a clear range All moves look balanced over the last few years There is no evidence of a bear market in small caps at present… GRI 2023
US2000 - Intraday - We look to Sell at 1785 (stop at 1805) Buying pressure from 1720 resulted in prices rejecting the dip. The current move higher is expected to continue. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit...