Hey Everyone,
Quick update from yesterdays analysis. We saw retracement down to 1940 Goldturn but no candle body close or ema5 cross to confirm 1931, so we waited patiently for a Goldturn to be created above 1940 to give us confidence to start buying dips again. 1944 and 1952 HIT perfectly as planned, which we walked through in stages with our members.
Please...
The PEAD projected a Bullish outlook for $JBHT after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 60%.
The PEAD projected a Neutral outlook for $SYF after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
The PEAD projected a Bearish outlook for $ERIC after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
The PEAD projected a Bullish outlook for $IBM after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
The PEAD projected a Bullish outlook for $JNJ after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 90%.
The PEAD projected a Neutral outlook for $LMT after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
The PEAD projected a Bullish outlook for $NFLX after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 80%.
The PEAD projected a Bullish outlook for $TFC after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
The PEAD projected a Bullish outlook for $PLD after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
GBPJPY Pre-NY Analysis 20th April 2022.
Looking for potential sells during NY open or NYSE. If we dont break 166.800 and maitain above that level then
i would not want to take sells. alternatevly we could look for buys on higher timeframes to continue bullish but at the moment
it seems risky as all the intra day timeframes are bearish.
XAUUSD corrected lower below 1948.
Short term outlook neutral.
If break above 1982, bullish continue, potential next target 2009 & 2021.43.
Strong Resistance, ALl Time High, 2075, If break then medium term bullish continue.
But,
if Break below 1915, outlook bearish, open the way to target 1889 & 1877.
Strong Support 1877, if break then cancel medium term...
Wait for price to pull back to a level and CHoCH.
Price can pull back anywhere within the range until price changes to Bullishness.
Current Bias: Bearish
Hey Everyone,
The hourly chart has HIT all the Bullish TARGETS identified. Once again our strategy to take 20 to 40 pips at a time using our levels gave us safe exits on our buys. Even when the market moves outside the technical sequence due to external news our technical analysis gave us the exit with precision!!
The market took the price down using St. Louis...
The PEAD projected a Neutral outlook for $STT after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 66.67%.
The PEAD projected a Bearish outlook for $DAL after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
Nasdaq's 14,000 support line holding so far
Despite all talk of aggressive tightening, US stocks including the tech-heavy Nasdaq is holding firmly. For the 4th session, buyers haven't hesitated to jump in to buy the dip every time the Index has dropped below the 14,000 level, representing a 15% drop year-to-date.
Strong earnings are making it difficult for the...
