Hi Trader! U.S. Treasury yields climbed on Wednesday after an unexpected rise in UK inflation last month and stronger-than-expected U.S. December retail sales data strengthened the case that interest rate cuts will not be as imminent as the market expects. The UK inflation print, as well as more push-back from European Central Bank officials on Wednesday against...
US100 made nice bullish Move up but a strong Horizontal resistance is ahead At 17638.5 from where I think We will see a bearish reaction !
Hello traders! This is my idea related to the US500 M15. The sellers' sentiment is still strong, and I expect a new ATH until the price of 5000 after that, I will look for a shot trade entry. It represents a good opportunity to look for a long trade entry. Traders, if you liked my idea or if you have a different vision related to this trade, write in the...
Continuation Bullish flag forming. Retracement to 0.5 and support level. Longs till -0.38 fib level.
Hey Traders, yesterday’s market shake-up wasn’t just about the Fed's chess moves. A trifecta of less-than-stellar employment data, lukewarm tech earnings, and regional bank jitters sent the NAS100 on a rollercoaster, underscoring the fragile nature of our current economic landscape. The Fed's stance was the talk of the town, maintaining a rate plateau between...
Entered Shorts at 385XX Levels Yesterday. Aim TP1 at the middle moving average line.
Nasdaq (NDX) appears to be forming a Top approximately at the levels we described on our most recent idea (January 23, see chart below): Today we move to the 4H time-frame where we can discuss the shorter term parameters of this expected pull-back. As you can see right away, the July 2023 peak (and the price action that led to it) is very similar to today's...
Nasdaq isn't overbought on the 1D time-frame anymore but technically it remains bullish (RSI = 63.538, MACD = 210.050, ADX = 41.826) and will continue to be as long as the two month Channel Up holds. It may be supported by the 1D MA50 but if the index follows the late July peak formation and crosses under the 0.382 Fibonacci level, then we expect a technical short...
Hello dear friends Let's go with beautiful weekly analysis We are watching Nasdaq on Saturdays to see how it reacts to the drawn areas. We can make good profits from the market with the areas drawn and explained in the video Stay with us
Legendary investor Warren Buffett was on a trip to Tokyo, the capital of Japan, ten months earlier in mid-April 2023, and the titans of the country's giant energy and commodity conglomerates were there to make their presentations. As usual, over glasses of Coca-Cola NYSE:KO - one of Buffett's most famous investments, they walked into Warren Buffett's suite at...
Taking a long expecting the retracement to be over. Targeting previous day’s high
HELLO TRADERS Hope everyone is doing great 🛑 A look at NASDAQ ahead of LONDON OPEN 📌 * Asian range taking beautifully. * We are trading above the D, & W OPEN on the S&P 500 ( SMT) * Looking for a sweep of BSL for continuation with the bears. * If we take Asian lows 1st the trade is still valid for NY. * we will just wait for BSL to be taken HOPE YOU...
Is US100 exhausting at All time high level? As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 16500 followed by 16000. What you guys think of it?
Nasdaq (NDX) closed yesterday on a red 1D candle, with the 1D RSI above the 70.00 overbought barrier, but remains within the (dashed) Channel Up, as well as supported by the 1D MA50 (blue trend-line) since November 03 2023. Based on the 1D RSI which is within a Megaphone pattern, we might be approaching a peak similar to July 19 2023, whose RSI was also inside a...
The NAS100 experienced a substantial rally towards the end of last week, displaying signs of being significantly overextended. A retracement may be in store, particularly if the Dollar Index (DXY) maintains and strengthens its position, considering the general inverse correlation between DXY and US100. It is essential to emphasize that this analysis is provided...
As you can see, the daily trend has managed to break its downward trend line and it is also in the direction of the weekly trend. Due to the breakdown of the daily trend line, we are waiting to return to the target area, and of course, we are considering the goals ahead ⚠️ This Analysis will be updated ... 👤 Banipal : @hosseinbakrani 📅 02.20.2023 ⚠️(DYOR) ❤️ If...
Take a look at our analysis for US100. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 16692.3. Taking into consideration the structure & trend analysis, I believe that the market will reach 16904.9 level soon. P.S Please, note that an oversold/overbought...
Nasdaq / US100 is pulling back after a Double Top formation at 16970. The 1day RSI is already inside a Channel Down, much like the patterns of the July 19th 2023 and February 03 2023 Tops. They both declined by -9.00% on average. Sell and target 15850, which is slightly over the bottom of the Rising Wedge (Rising Support) - 1day MA200 - 0.5 Fibonacci Support...