ES - October 28th - Daily Trade PlanOctober 28th - 8:30am
*Before reading this trade plan, IF, you did not read yesterdays, or the Weekly Trade Plan take the time to read it first! (You can see both posts in the related publication section) *
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My daily trade plan and real-time notes that I post are intended for myself to easily be able to go back and review my plan and how I did from an execution perspective.
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Our overnight session high is 6917 (which we are coming into this area as I type this). We still have a massive gap that should be filled at some point this week. We have a lot of earnings, FOMC, Economic Data and Trump in Asia tour. It is also the end of the month with Institutions looking to keep price moving higher and trapping retail investors to fill their liquidity needs.
We are very extended on RSI with all time frames needing a pullback to reset and continue higher. We can sell off all the way down to 6810 and still be in a bullish trend. My lean is that we fill the gap and work our way down to the 6812-17 level and then continue higher. Ideally, we would sell off hard, scare retail investors, lose yesterday's low at 6867, reclaim and squeeze us higher. That could take a couple of days to do that, or we could get a rug pull any time.
Key Levels Today -
1. Loss of 6908 and reclaim
2. Loss of 6901 and reclaim
3. Loss of 6889 and reclaim
4. Loss of 6878 and reclaim
5. Loss of 6867 and reclaim
6. Loss of 6841 and reclaim
Key Support Levels - 6908, 6901, 6889,6878, 6867, 6857, 6841, 6827, 6812
Key Resistance Levels - 6917, 6923, 6930, 6946
We have to view price action as bullish until the trend changes. That would need a loss of 6720, 6690 to become bearish. Until then I anticipate the overnight gap closing, losing the 6812 level and reclaim would be a great spot, but we can easily move up with the loss of the key levels above and reclaims to grab points at.
In summary, IF price clears 6917 and then price can't hold 6906, we could flush lower. You can see the white trendline that has been respected overnight and below 6901, we are looking at 6889 to flush and reclaim. Below there and the loss of 6867 (yesterday's low) would be a great spot for some points.
I will post an update around 10am EST.
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Couple of things about how I color code my levels.
1. Purple shows the weekly Low
2. Red shows the current overnight session High/Low (time of post)
3. Blue shows the previous day's session Low (also other previous day's lows)
4. Yellow Levels are levels that show support and resistance levels of interest.
5. White shows the trendline from the August lows
Trend Analysis
SAGAUSDT 1D#SAGA is moving inside a falling wedge pattern on the daily chart. For the bullish scenario to play out, it must bounce from the wedge support line and break above the pattern. So, wait for a solid breakout before entering this coin. If that happens, the potential targets are:
🎯 $0.1992
🎯 $0.2620
🎯 $0.3564
🎯 $0.4327
🎯 $0.5090
🎯 $0.6176
🎯 $0.7560
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
Potential Continuation Patterns in AlibabaAlibaba rallied in September. Now, after a pullback, some traders may see potential for continuation.
The first pattern on today’s chart is the advance between August 22 and October 2. The Chinese e-commerce giant stabilized after retracing half the move, which may suggest its direction remains upward.
Second, you have the series of higher lows since October 10 with prices mostly trapped below $173. That ascending triangle may be viewed as a bullish continuation pattern.
Third, the 8-day exponential moving average (EMA) has remained above the 21-day EMA.
Next, stochastics are rebounding from an oversold condition.
Finally, BABA is an active underlier in the options market. That could help traders take positions with calls and puts.
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XAU/USD Completing Wave Y: Final Dip Before RallyGold has completed its major 5-wave rise and is now finishing a corrective W-X-Y pattern. The recent drop looks like the final leg of this correction, meaning sellers are getting weaker. Price may show a small bounce up and then one last dip to complete the correction. After that final drop, a strong new uptrend is expected to start again. In short: correction ending soon, last dip big bullish move ahead.
Stay tuned!
@Money_Dictators
Thank you :)
APLD: might be starting a new upswing Price is showing a constructive reaction from the 30–26 support zone and might be starting a new uptrend toward the next mid-term resistance area at 60–75.
As long as price continues to hold above the support zone, I’ll keep this trend structure as my main scenario.
Chart:
Fibonacci Beyond the ObviousFibonacci Beyond the Obvious
The Professional Approach — WerkTrader Edition 🎯
1️⃣ Introduction – More Than Just a Sequence
Fibonacci is not magic, myth, or a decorative tool for colorful charts.
It is a mathematical ratio that appears in nature, architecture, music – and yes, in markets.
If you only know Fibonacci as the 61.8 retracement, you understand the concept,
but not the depth.
A true analyst doesn’t use Fibonacci to draw lines –
he uses it to measure structure,
to see where the market stands in relation to itself.
2️⃣ The Principle of Self-Similarity
Markets are fractal.
They move in repeating proportions, regardless of timeframe.
A 38.2 pullback on the 15-minute chart can have the same character
as a 61.8 retracement on the daily.
Professionals call this Fractal Alignment –
multiple timeframes reacting to the same ratio,
and that’s exactly where the decisive moves occur.
3️⃣ Fibonacci Timing – The Invisible Factor
Most traders measure price, not time.
But Fibonacci also works horizontally.
13, 21, 34, 55 – not as price levels,
but as candle intervals between significant highs and lows.
These Fibonacci Time Projections reveal
when market cycles overlap –
often the moment before price reacts to a known zone.
Institutional models use this quietly,
while retail traders almost always overlook it.
4️⃣ Fibonacci in Orderflow
Fibonacci zones are not magical support lines –
they are points of liquidity interaction.
At 61.8 %, three groups often collide:
1️⃣ Retail shorts fading the retracement,
2️⃣ Smart-money algorithms collecting liquidity,
3️⃣ Position builders using the pullback for entry.
Fibonacci is not a signal – it’s a trigger area,
a place where energy releases.
5️⃣ Asymmetry and Precision
The famous ratio φ ≈ 1.618 is mathematically perfect,
but markets are not.
A professional observes the deviation from the ideal –
often just 1–2 %.
Those small over- or undershoots reveal who dominates:
reaction or manipulation.
This is called Fibonacci Deviation Bias –
a subtle detail that shows whether a zone was merely tested
or truly broken.
6️⃣ Cluster Theory – The Art of Overlap
A single level is coincidence.
But when multiple retracements or extensions
align within the same price area,
a cluster is formed.
This overlap of different swings is called Confluence.
The more Fibonacci relationships converge,
the stronger the reaction.
A professional doesn’t look for the “perfect number” –
he looks for the connection of proportions.
Mathematics confirms itself where ratios intersect.
7️⃣ Fibonacci & Harmonic Patterns – Geometry of Confirmation
Harmonic patterns are the advanced geometry of Fibonacci relationships.
They consist of several precisely measured retracements and extensions,
forming a geometric reversal structure –
like the Gartley, Bat, Butterfly, or Crab.
Each one is built on the same base ratios:
XA → AB = 61.8 %,
BC = 38.2–88.6 %,
CD = 127–161.8 %.
When these measurements meet at a single point,
they create the PRZ (Potential Reversal Zone) –
the mathematical intersection between order and chaos.
The more Fibonacci connections overlap,
the stronger the confirmation.
That’s not coincidence – that’s confluence in its purest form.
8️⃣ Fibonacci as a Language
Fibonacci is not a strategy – it’s a language of proportion.
It doesn’t tell you where to buy,
it tells you where to listen.
The market doesn’t speak in words,
it speaks in ratios.
Those who understand them see structure
where others see only lines.
9️⃣ Conclusion – The Silence of Numbers
Fibonacci is not a myth.
It is the quietest form of truth in the market.
Numbers themselves do not speak –
but they show you where the market reacts,
where mathematics meets psychology,
and where patience becomes power.
Fewer lines.
More meaning.
This is Fibonacci – beyond the obvious.
WerkTrader 🎯
Gold consolidates after sharp decline – key levels aheadHello everyone, gold (XAU/USD) is trading around $4,080 after a drop of nearly 7.6% from the $4,380 peak. The decline has paused and the market has moved into a narrow consolidation zone between $4,050 – $4,120, reflecting cautious sentiment before choosing the next direction.
On the 1H chart, we can clearly see a series of Fair Value Gaps (FVG) still lying above price, especially around $4,110 – $4,160 and $4,240 – $4,280 – areas of liquidity that have not yet been reclaimed. However, price remains below the Ichimoku cloud, which means the dominant trend is still bearish. Selling pressure has cooled down, but buyers are not strong enough yet to trigger a confirmed reversal. Trading volume is gradually decreasing, showing that the market is waiting for a catalyst from macro news – consistent with the current environment as investors monitor US–China trade developments and upcoming US economic data.
Structurally, the current bounce appears more like a technical correction rather than a meaningful trend reversal. Gold could continue to recover toward $4,120 – $4,140 to fill nearby FVGs, but this is also a close resistance area where sellers are likely to reappear. If price gets rejected here, $4,040 – $4,000 becomes the next liquidity sweep target. And if $4,000 breaks, the bearish extension could reach $3,960 – $3,920 – a key H4 equilibrium zone where strong demand previously stepped in.
In the short term, I don’t see a sustainable bullish trend unless the Fed signals earlier-than-expected rate cuts or a major geopolitical shock re-ignites safe-haven demand. Without a strong catalyst, the most reasonable scenario is continued consolidation within the $4,000 – $4,200 range before the next major move develops.
What do you see here – technical recovery or a bull trap before the next leg down?
AUD /JPY Best Place For Sell Cleared After This Massive Move !Here is my opinion on 4H T.F On AUD /JPY Chart , the price Very Near to touch a very strong res area that forced the price to respect it and go down for more than 500 pips for 1 time , and if we checked the chart we will see that the price is going up very hard without any correction so we need a very strong res area to force the price to go down at least for 300 pips so i choose this area cuz it`s the highest place the price touch it and it respect it very much and go down very hard as it go up very hard , so i`m waiting the price at this area to sell it and targeting from 100 to 200 pips . if we have a daily closure above my res area this idea will not be valid anymore .
Entry Reasons :
1- Very Strong Daily & Weekly Res Area .
2- Perfect Bearish Price Action Last Time .
3- Bigger Time Frames Confirmed .
SOL/USD Strong Bullish Trend Bullish from key support 199.30📈 SOLUSD Technical Update (30-Min Time Frame) 💰
🚀 Bullish Trend in play — Buyers holding strong around the 198.30 zone!
If momentum continues, we’re eyeing the following
target levels:
🎯 1st Target: 201.60
🎯 2nd Target: 202.50
🎯 3rd Target: 205.20
Stay alert, traders! Watch for confirmations and manage your risk wisely. ⚡
#SOLUSD #CryptoTrading #TechnicalAnalysis #BullishTrend #Solana #PriceAction
💬 Like | 🔁 Share | 🧠 Comment your view below!
GBPUSD is ready to reverse to the UPSIDE! Buy nowGBPUSD has held onto a powerful support level and has broken a powerful resistance zone a few days ago. It then rebounded back down to the support level and previous resistance zone (red line).. it is now ready to head back to the upside and hit the next major resistance level. Buy now!
Lingrid | DOGEUSDT Swap Zone Resistance Shorting OpportunityBINANCE:DOGEUSDT rebounded off the support band and is now pressing into the 0.2100 swap-resistance inside a broader downtrend. Price action is carving a rising pullback channel toward the descending trendline and the upper boundary of the downward channel. If 0.2100–0.2120 caps price and the trendline holds, a fade toward 0.1750 (buying area/channel base) is likely Bearish momentum persists with lower highs intact; the down-channel bias remains until a decisive daily close above 0.2100 flips the outlook.
⚠️ Risks:
Breakout and hold above 0.2100–0.2120 could trigger a squeeze toward 0.225–0.230.
Broad crypto risk-on (e.g., strong CRYPTOCAP:BTC leg) can invalidate a fade setup.
Thin-liquidity spikes around month-end/rebalancing may cause overshoots of levels.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
ADA Breakout Analysis: Bulls Target 0.7280, 0.8000, and 0.8750ADA Breakout Analysis: Bulls Target 0.7280, 0.8000, and 0.8750
Cardano (ADA) has recently broken above a symmetrical triangle, signaling a potential bullish continuation after a period of accumulation.
This breakout suggests renewed buyer interest and the potential for price expansion toward higher resistance levels.
The next key targets identified are:
0.7280 (first resistance zone and breakout confirmation area)
0.8000 (psychological and structural resistance)
0.8750 (extended target in line with the projected triangle breakout move)
As long as ADA holds above the breakout zone near 0.6500, the bullish bias remains valid.
A pullback toward the breakout zone could serve as a retest opportunity before another leg higher.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Lingrid | EURAUD Round Number Support Long SetupThe price perfectly fulfilled my previous idea . FX:EURAUD is rebounding from the confluence of support and trendline, signaling renewed buying pressure within the mid-range of the upward channel. Price action is forming a higher low near 1.77, confirming a potential continuation phase. A breakout above 1.7930 could open the way toward the resistance zone at 1.8150.Bulls are defending the ascending structure, hinting at a possible push toward fresh highs.
⚠️ Risks:
Unexpected weakness in Eurozone inflation data could pressure the euro.
Strong CPI may strengthen the Australian dollar.
Break below 1.77 would invalidate the bullish scenario and shift focus to 1.7570.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
XAUUSD 4H Chart – Bearish Structure in Play📉 Technical Outlook
XAUUSD 4H Chart – Bearish Structure in Play
Gold continues its corrective phase after breaking the previous bullish structure.
Price formed a Lower Low, confirming a short to mid-term downtrend.
The 4H bullish order block around 3917–3935 is being retested, while the bearish OB near 3960–3980 acts as resistance.
As long as price stays below the 4H bearish OB, further downside movement toward 3750–3770 remains likely.
The structure shows potential for a short-term pullback before continuation lower.
Breaking: UnitedHealth Group Incorporated (UNH) Up 4% PremarketThe share price of UnitedHealth Group Incorporated (NYSE: NYSE:UNH ) is up 4% in Tuesday's premarket session as the company reports earnings results 28 October, 2025 before the bell.
UnitedHealth Group raised its 2025 earnings outlook to reflect net earnings of at least $14.90 per share and adjusted net earnings of at least $16.25 per share.
Third Quarter 2025 Key Performance Metrics
Consolidated revenues of $113.2 billion, up 12% year-over-year.
Earnings from operations were $4.3 billion; net margin of 2.1%.
Adjusted EPS of $2.92; GAAP EPS of $2.59.
Medical care ratio (MCR) of 89.9% was in line with expectations outlined in the second quarter 2025.
Operating cost ratio of 13.5% reflecting investments to support future growth.
UnitedHealthcare revenues grew 16% year-over-year to $87.1 billion, driven by growth in Medicare & Retirement and Community & State; UnitedHealthcare served 50.1 million consumers domestically, up 795,000 year-over-year.
Optum revenues grew 8% year-over-year to $69.2 billion, driven by growth in Optum Rx.
September 30, 2025, debt-to-capital ratio of 44.1% unchanged from the second quarter 2025 and inclusive of the impact of closing the Amedisys transaction on August 14, 2025.
Technical Outlook
With the RSI at 58, NYSE:UNH is poised to break the $381 resistant zone paving the way for a much more greater strides. Similarly, on a more bullish tone, the stock's moving averages have cross paths indicating possible resurgence of a golden cross.
Potential bearish reversal?The Kiwi (NZD/USD) is reacting off the pivot, which has been identified as a pullback resistance that is slightly below the 61.8% Fibonacci retracement and could reverse to the 1st support.
Pivot: 0.5776
1st Support: 0.5726
1st Resistance: 0.5803
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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Exclusive analysis of gold's future market.
What recent news is influencing gold's performance? How should we assess the outlook for gold's bullish and bearish outlook?
Gold prices weakened again in U.S. trading on Monday (October 27), extending last week's decline. With the thaw in U.S.-China trade relations, investor demand for gold as a safe-haven asset has declined. Market focus has now shifted to the Federal Reserve's interest rate decision, with the agency expected to announce a rate cut later this week. This decline comes just as gold's nine-week winning streak ended, after the price briefly surpassed $4,300 per ounce, reaching a record high, driven by geopolitical risks and expectations of monetary easing. The latest decline stems from progress in trade negotiations. U.S. and Chinese officials reached a preliminary agreement during the ASEAN Meetings in Malaysia, with the framework expected to be finalized later this week when the two presidents meet in South Korea. The agreement is expected to extend the trade truce and pave the way for a broader trade agreement. This suggests the risk of renewed trade friction has significantly decreased. Improving sentiment has driven investors' renewed appetite for riskier assets, weakening safe-haven demand for gold.
This week marks a "super week" for gold, and the gold market will continue its surge. First, the 2025 Asia-Pacific Economic Cooperation (APEC) Leaders' Informal Meeting will take place. US President Trump will also travel to Southeast Asia, where he will meet with leaders from various countries. Furthermore, amid the US government shutdown, a series of central bank interest rate decisions will be announced this week, including those from the Federal Reserve, the Bank of Japan, the European Central Bank, and the Bank of Canada. The US will also release a series of economic data, including the September core PCE price index, a key indicator for the Fed's interest rate adjustments, and third-quarter real GDP data. Expectations of a Fed rate cut at its October 29th meeting have limited further declines in gold prices. Last week's weaker-than-expected US Consumer Price Index (CPI) data reinforced market bets on a 25 basis point (0.25 percentage point) rate cut by the Fed. Traders are also watching for further easing signals this year. Generally speaking, rate cuts reduce the opportunity cost of holding gold and weaken the US dollar, making dollar-denominated gold more attractive to overseas buyers.
Gold Market Analysis on October 28th:
Gold Technical Analysis: Gold broke through the 4,000 mark as expected. We've been emphasizing short selling numerous times today, but did you miss out? Gold successfully broke through the 4,000 mark in the US market, and the US Treasury and spot gold markets showed clear signs of rotation. The US Treasury yield index re-entered the 4% mark, reflecting a subtle adjustment in market expectations for a Fed rate cut this week and a temporary outflow of safe-haven funds. The US dollar index fell slightly by 0.14% on the day, while spot gold remained under downward pressure. Based on the current 4-hour chart, gold still has room to fall. Focus is on the upward pressure at 4,010. A break above this level will open up further upward potential. I personally believe the upward trend will not break in the short term. Having already broken through the 4,000 mark, gold is poised to test the 3,945 level. If it fails to break through this level, it is likely to trade in a range-bound manner in the short term. Trading strategies suggest that rebounds from the upper resistance level could be opportunities for short selling.
After breaking through the neckline of the 1-hour double top, gold has been fluctuating weakly below it. The 1-hour moving average continues to diverge downward, indicating bearish momentum. A break below 4004 in the US trading session provided support, but this support has now become resistance. Therefore, any resistance below 4004 in the US trading session presents an opportunity to buy on rallies. Overall, today's short-term trading strategy for gold suggests shorting on rebounds, supplemented by buying on pullbacks. Focus on resistance at 4160-4185 in the upper short term, and support at 4010-4005 in the lower short term. It's crucial to keep pace with the market. Maintain control of your positions and stop-loss orders, set strict stop-loss orders, and avoid holding onto positions. Specific trading points are based on real-time intraday data. Welcome to experience and share real-time market trends.
Gold Trading Strategy Reference for October 28th
Short Strategy:
When gold rebounds to around 4004-4010, short (buy short) a 20% position in batches, targeting around 3960-3950. A breakout targets the 3945 level.
Long Strategy:
When gold pulls back to around 3945-3950, long (buy long) a 20% position in batches, targeting around 3980-4000. A breakout targets the 4010 level.
USNAS100 | Retest Phase Before Next Bullish LegUSNAS100 – MARKET OVERVIEW | Bullish Bias With Possible Retest 🇺🇸
The NASDAQ 100 recorded a new all-time high, maintaining strong bullish pressure, especially while trading above 25,890.
Currently, the price appears to be entering a short-term retest phase toward 25,700 before resuming its upward momentum.
A confirmed 1H candle close above 25,890 will reinforce the bullish continuation, targeting 26,040 → 26,200.
However, if the index trades below 25,890, a technical correction toward 25,700 is likely.
To confirm a bearish trend, the price must stabilize below 25,660, opening the path toward 25,340.
Key Technical Levels
Pivot Line: 25,890
Support: 25,700 · 25,340
Resistance: 26,040 · 26,200
Outlook:
NASDAQ remains bullish above 25,890, but expect short-term volatility near record highs.
A daily close above 26,040 would signal renewed strength, while sustained trading below 25,660 could trigger a deeper correction phase.
GOLD → A psychologically important level of $4,000 lies aheadFX:XAUUSD continues to correct, unable to consolidate above $4,100, with the 4K mark ahead. Pressure is intensifying due to hopes for a trade deal between the US and China, as well as profit-taking ahead of the Fed's decision on interest rates...
Key factors:
Progress in trade negotiations: the US has withdrawn the threat of 100% tariffs, and China may support the situation. Thursday's meeting between Trump and Xi Jinping increases the chances of a deal.
Bets on two rate cuts in 2024 are almost fully priced in. US inflation (3% y/y) was lower than forecast (3.1%), but did not change expectations.
The correction may continue if the positive backdrop for the trade deal remains. The Fed's decision on Wednesday will be a key catalyst.
Technically, the 4K zone is ahead, and it is too early to talk about a break of this support, as we do not know how the market will react. However, at the moment, the price is in the range of 4000-4163, and from a technical analysis point of view, it is logical to consider a false breakdown and a pullback.
Support levels: 4000, 3975, 3944
Resistance levels: 4060, 4090, 4163
As part of the decline, the market may test one of the specified zones: 4000, 3975, 3944. However, since a liquidity pool has formed below 4K, the reaction to the psychological support level may be aggressive. It is important to monitor the situation, as closing below 4K and consolidating below a strong level could trigger a further decline. Otherwise, if the bulls manage to hold their ground above 4K and bring the price back above 4050, the market may have a chance to grow.
Best regards, R. Linda!
Hellena | Oil (4H): SHORT to support area of 59.00.Colleagues, the situation is complicated, but I still expect the price to renew the local low of 56.40.
It looks like the price is forming a complex compound correction (WXY) and I think that for now it is worth looking at the 59.00 area as the nearest most likely level.
Ideally, I would like to see the completion of wave “C” in the area of 64.80.
Fundamental context
According to the latest IEA report, the global oil market remains under pressure as supply continues to outpace demand. For 2025, production is expected to rise by around 3 million barrels per day, while demand growth is forecast at only 0.7 million barrels. This imbalance increases the risk of oversupply and inventory buildup across key regions.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Nifty 50 Weekly Outlook (27th Oct – 31st Oct 2025)The Nifty 50 Index last week ended at 25,795.15, posting a +0.33% gain. The index continues to consolidate near recent highs, signaling a potential directional move in the upcoming week.
🔹 Key Levels for the Upcoming Week
📌 Price Action Pivot Zone:
25,715 to 25,876 – This blue-shaded zone represents the key decision area. Sustaining above this range may attract fresh buying interest, while a fall below could trigger mild profit booking.
🔻 Support Levels:
S1: 25,473
S2: 25,150
S3: 24,843
🔺 Resistance Levels:
R1: 26,118
R2: 26,442
R3: 26,863
📈 Market Outlook
Bullish Scenario:
If Nifty holds above 25,876, a breakout move could take the index toward R1 (26,118). Sustained strength above this level may open the path to R2 (26,442) and R3 (26,863) in the near term.
Bearish Scenario:
If the index slips below 25,715, short-term weakness could drag it toward S1 (25,473), followed by S2 (25,150) and S3 (24,843).
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