AMD is doing something extra ordinary & I am confident that it should go to to $140 soon. Watch the analysis carefully &trade as per your risk tolerance.
S&P 500 E-mini Futures (ES1!) bouncing off the 0.5 Fibonacci retracement level prompted us to introduce an aggressive trade setup yesterday, with a short entry below this level and tight stop-loss above it. After that, we wished to see a surge in VIX, which subsequently materialized, and VIX skyrocketed more than 17% within two hours or so. Today, to further...
AMD has completed its price & time correction. Entry around 103 and SL 99 will give us huge targets.
S&P 500 INDEX MODEL TRADING PLANS for FRI. 10/13 Today marks the kick off of the Q3 earnings season, and a potential inflection points in the geopolitical risks with signs of potential ground operations to begin by Israel in Gaza. Geopolitical risks, high interest rates, sticky inflation - reiterated by this morning's CPI numbers, extremely strong jobs market,...
Recap Yesterday was a volatile trading day, with the CPI data release causing some significant market movements. The initial move down to 4393 was a trap for shorts, followed by a squeeze to ~4418, which trapped longs, and then a significant move lower. This pattern of trapping is common on data days, making them challenging to trade. The past week has been...
We Could See Those Lows , And Stopped Out Buyer’s It’s A Clean Risk
Finally, the SPX rebounded to the level we initially expected it to reach (outlined last Friday). This move was accompanied by a bullish reversal in RSI, MACD, and Stochastic on the daily chart. To support a continuation higher, we want to see these indicators continue to develop bullish structures. However, to support a thesis that this is merely a correction of...
𝗡𝗮𝘀𝗱𝗮𝗾 𝗨𝗽𝗱𝗮𝘁𝗲: NASDAQ:QQQ Daily. Keep it simple. Above line-in-sand ("LIS") of 373 a bull flag 🐂 breakout. Below risk lower to consolidate 🐻 $NQ_F TVC:NDQ NASDAQ:AAPL NASDAQ:MSFT NASDAQ:AMZN NASDAQ:META NASDAQ:GOOG NASDAQ:TSLA NASDAQ:NVDA NASDAQ:SOX $ES_F AMEX:SPY SP:SPX TVC:DXY NASDAQ:TLT TVC:TNX CBOE:VIX #Stocks
Recap In the past few days, the SPX has seen a massive uptrend, with Friday marking the single largest range green day of 2023. This was followed by two more rally days on Monday and Tuesday. As predicted, we saw a pullback and consolidation yesterday, with a dip mid-day to 4377. However, this was bought with force, indicating the strength of the bulls. The...
S&P 500 INDEX MODEL TRADING PLANS for THU. 10/12 Geopolitical risks, high interest rates, sticky inflation - reiterated by this morning's CPI numbers, extremely strong jobs market, early signs of consumers beginning to scale back...yet, retail bullish positioning has increased this week again. Is this Fools rushing in where Angels fear to tread or retail...
🔸Hello guys, today let's review 2daily chart for IBB . Entering re-accumulation stage now, expecting range bound trading during autumn time season. Range defined by range highs set at 135 usd and range lows at 117 usd. 🔸Similar fractal observed in 2018/2019. Faded into range after heavy spike, re-accumulation then 50% pump later during spring 2020. 🔸Recommended...
Advance decline has made a new swing high confirming the rally in the SPX and supporting strength for further gains in week ahead. Have very little reason to be bearish SPX at this point in time when market breadth is supportive
As you can see here on the 15-minute chart, we have closed above the upper trendline that I charted on the hourly chart. In the post market, we are even higher than at close. I will be looking to buy at open tomorrow and hold for the day.
MSFT should lift this market higher if it holds above the breakout trendline. We could see a big rally in to tech earnings if economics data comes in positive.
elliot prediction without news at sp 500 sp500 bull power in my sight, im just betting on it, did not follow any macroeconomic data yet just by the maket move this analisys and nothing else, this is not a profitable trade, just get an idea what i am doing on these days, hope you trade safe.
An inverse Head & Shoulder pattern is developing on the small caps indices. If this plays out an epic rally in the market will ensue.
Traders, As expected, SPY bounced off of that 200-day SMA and performed a classic retest of the underside of our previous support, the neckline of our H&S. Now, the only question that remains is do the bulls have enough in them to break back above or do we remain on the underside of this neckline and potentially drop back down ...maybe even breaking the bottom of...
AMEX:SPY Inverse Head & Shoulders Pattern, In the recent trading sessions, the SPY index has exhibited a compelling technical pattern commonly known as the Inverse Head & Shoulders. Unlike its bearish counterpart, the standard Head & Shoulders, this pattern is generally considered a bullish indicator and may signify a trend reversal from downward to upward. The...