Performance comparison between Global X Uranium ETF versus U308 Futures.
One of many Momentum Indicators out there that track Bullish movements in Uranium Sector.
Uranium stocks haven't always been closely-correlated to Futures due to their "risk-on" nature...so when stocks start outperforming when Futures + other confluences are also rallying..
You might have...
Iron Ore Futures coiling like a steel roll in a series of Lower Highs & Higher Lows since October 2022.
Break above 116.60 = Bullish momentum towards 134.85 (38.2% Fib Retracement)
Break below 99.40 = Bearish momentum towards 77.60 (78.6% Fib Extension)
Seasonality typically favours the Bulls running strong into end of year - we'll see if it still rings true...
The SPY (S&P 500 Index) resembles a quite clear Head & Shoulders Pattern which is generally bearish. The daily candle chart shows a right shoulder forming with a rejection from the $445 area. With this rejection and a continuation downwards, we could see a harder fall if this aligns with the left shoulder and follows the pattern.
The other main indices also...
Natural gas was once considered a byproduct of oil production. It is now becoming increasingly important as one of the cleanest burning fossil fuels and a key piece of the clean energy transition. Today, it forms the backbone of global energy production.
This paper delves into the supply and demand factors affecting natural gas prices and proposes a long...
Anticipating short-term bounce to fill gaps, re-test 23.6% Fib zone & create opportunities for Short positions.
Selling 'should' re-commence in September to test lower range re: parallel channel, in-line with Market Seasonality.
Over-extension into Golden Fib Range could signal warning of more extreme market capitulation (~6400).
Depends on break-outs either...
On the 4H Chart, SOYB has moved above both tthe near and intermediate term POC lines
of the respective volume profiles. Upward price volatility above the running mean
on the relative volatility indicator. In confluence pric emoved above the mean basis
band of the double Bollinger band. Fundamentally, supply-demand imbalances including
the collapse of the...
Get Ready for pound to take a shit throughout AUGUST...
The Launch happened today........
The sentiment is mixed, but the commercials are loading up according to latest COT report,
Also if you have a look at Seasonality AUGUST historically is the worst month for anything against the dollar...
Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪
If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so there is a chance that from here...
NASDAQ:WTER graph turn on green, recently signed many distributorship agreement with national market chain etc. and good time (summer for water) also can expect good revenue, let see...
Invest smartly, timely and wisely!
Hey Traders! 👋
For Day 34/100 of our challenge, we will look at a data-backed NZDJPY long idea
Technicals:
- Overall bullish
- Made a high at 88.50
- Expecting retracement to 87.60
- Target at 89
- If 86.80 is breached, idea is invalid
Other data:
⬆️ Seasonality is still bullish expecting 90 level
⬆️ Pattern scan is also bullish expecting 90 before deeper...
I've placed a limit buy in this market because:
the long-term descending trendline was been broken
we have a bullish seasonality for Adidas
the price has broken above the 30's SMA
the price has broken above the prior swing high
the price has formed now a sequence of higher highs and higher lows (= bullish trend)
It's technically a quite bullish chart. The price has established an higher low, has broken above the 30's SMA and has broken the descending trendline, re-tested it and now it seems like we're in the game. ;)
Furthermore there is a bullish seasonality playing out ATM. So I put on my horns in this case ...
Placed a limit buy order in this stock. Let's see how it works out. The reasons can you see on the charts - if I should explain them leave just a comment here. ;)
above all moving averages
has just broken through the decending trendline
bullish seasonality
Expecting the price to rise in the next weeks and months.
Weekly breakout of the decending trendline ahead
bullish seasonality
supported by the 200's SMA
the price has made already the higher low - just needs to get to an higher high
![WTER: $WTER [2h] Dry summer we all need good water!](https://s3.tradingview.com/9/9nG7y4AV_mid.png "$WTER [2h] Dry summer we all need good water!")
