Good morning traders. As you can see here on the 15-minute chart we are in a channel on spy. Looking at the daily chart. We seemed to have made a mini reversal to the upside. So, I will be looking for a break of this resistance at the 438.15 level, retest, and bounce to the upside within this week. Thank you as always for taking the time to look at my analysis.
Today, I wanted to draw your attention to the recent performance of the SPX, which has been exhibiting a range-bound behavior over the past year. As we navigate through these uncertain times, it is crucial to stay vigilant and monitor the market closely. Over the last year, the SPX has shown a tendency to trade within a specific range, with price movements...
Remember that in the video I use the weekly chart to analyze this move in the whole meaning that do not expect this to happen overnight it is an overall view of the entire possible move to come. If you are using this information for your own entries and exits it is at your own discretion. Thank you for watching. Comments are welcomed.
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 02:34 AMEX:UNG Stock Forecast 04:04 USO Oil Stock Forecast 05:34 Gold XAUUSD Stock Forecast 06:37 US dollar DXY Stock Forecast 07:47 Silver XAGUSD forecast 09:22 QQQ Stock Price Forecast 11:28 Sp500 ETF Price Forecast 13:25 Tesla Stock TSLA Forecast Technical Analysis 14:50 Nvidia Stock NVDA...
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 02:34 AMEX:UNG Stock Forecast 04:04 USO Oil Stock Forecast 05:34 Gold XAUUSD Stock Forecast 06:37 US dollar DXY Stock Forecast 07:47 Silver XAGUSD forecast 09:22 QQQ Stock Price Forecast 11:28 Sp500 ETF Price Forecast 13:25 Tesla Stock TSLA Forecast Technical Analysis 14:50 Nvidia Stock NVDA...
The SPDR S&P 500 ETF Trust ( AMEX:SPY ) continues to exhibit the technical pattern of an inverse head and shoulders, indicating that the bullish trend could still be in play. This classic reversal formation suggests that the ETF may have reached or is nearing a bottom and could experience an upward momentum in the near future. In this setup, the 'head' represents...
Expired SPY Weekly outlook. 3rd WK OCT 2023 > NEUTRAL 📊 CORRECT Closed Price: 431.50 Target Price: 432.06 | Strike Price: 436.82 OCT16 Upper Range: 448.80 Lower Range: 415.31
Recap This trend continued yesterday as the ES continued to build a base between 4360 and 4410-20. Despite a lucrative run today, ES has ultimately been displaying a lot of volatility to go nowhere, as we continue to base in the 4410-20 to 4360s range. This will inevitably result in a large trend move. But in which direction? The Markets Overnight 🌏 Asia:...
Looks like we might be about to break this weekly uptrend to the downside. I'll be watching the big thick yellow line I tossed in for you. Please excuse all the extra mess on the charts, I've been playing with indicators and looking into coding my own this year if i can find the time. I'll be watching for a break this morning and beyond that all the other...
Last several days S&P 500 has been trading sideways since bouncing off its 200 DMA. Any test of yesterday's Low could provide direction for the day. Level to watch: 4382 --- 4384 Report to watch: US: Beige Book 2:00 PM ET
In this technical analysis, I see the potential for a bullish trend in the SPY (S&P 500 ETF) based on historical data calculated using the ABC Calculator indicator and in consideration of the trend suggested by the Adapted Volume indicator. My outlook suggests a price target of approximately $450 USD within the next month. 1. Historical Analysis with ABC...
It's hard to pick a direction lately, but this 4 hour bear flag into prior support just screams bearish. Will it be a trap though?
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 02:48 AMEX:UNG Stock Forecast 03:55 USO Oil Stock Forecast 04:52 Gold XAUUSD Stock Forecast 05:58 US dollar DXY Stock Forecast 07:44 QQQ Stock Price Forecast 11:04 Sp500 ETF Price Forecast 12:18 Tesla Stock TSLA Forecast Technical Analysis 13:28 Nvidia Stock NVDA Forecast Technical Analysis...
Looks like NASDAQ:CFLT has retraced its latest uptrend back to around the .618 Fib level. It is now hanging just under the 50% retrace level. I am not a big Fibonacci trader, but I do like to look at retracements and the .618% and 50% levels seem to be levels where stocks “can” make a turn. I use trendlines and support / resistance areas for my trading style....
ES has shown great strength lately. We've had a bull flag break, retest of that full flag, into more demand. I think we'll see a measured move.
DJ:DJI is struggling here a bit but it looks okay, so far. SP:SPX is in the same boat. TVC:NDQ has been weaker recently but it moved the most out of the indices. But look at this! TVC:RUT is shinning nicely today! Looks like it wants to base here & maybe even move higher! AMEX:DIA AMEX:SPY NASDAQ:QQQ AMEX:IWM #stocks
IDX:CYBR is in the internet security business and this sector is looking healthy. I like this one for several reasons. First, it is in an upward sloping trend channel. It has just closed in a 3-week tight pattern. CYBR has also been testing the area of resistance to the upside for a few months. It broke out 6 weeks ago but did not have the volume. However, it did...
It looks to me that NASDAQ:MSFT is in a Falling Wedge Pattern. Often these resolve to the upside. It looks to me that NASDAQ:MSFT is testing the top of that wedge now. This may be one you want to watch. I have an alert set for a move over $332.60. If it triggers, I will look at a lower timeframe for an entry. This may have a run-up before earnings which are in...