Simply overbought market, it's stop hurting anyone it can before the big correction. I'm going to stay short for this next week. The sentiment is bearish, but they've experienced enough pain to capitulate. DXY and VIX ready for a spike
Cautiously optimistic the Dow Jones (US30) has seen a rise in a rally fueled by a stellar than better stats of NFP values. However, we can see values are lowering due to unforeseen buy back yields and less impressive resurging pandemic times. The loom of surging covid-19 cases are on the rise and the 2.2 trillion USD infrastructure plan will put a dent in the...
As we can see from this chart DOW has broken above its previous resistance level and has now entered an area where it plummeted before There is an opportunity to go long here if price action indicates the move OR price will get rejected from this area and move lower.. there is also a chance price might range in this area for a short while but we will have to wait and see
US30 has hit its tipping point, we could see a big push to the upside and make a higher high like NASDAQ did OR we could see a trendline break and rejection I do see some bullish divergence on a lower timeframe which could mean this pair shoots up but we will have to wait for price to tell us what it is going to do
I belive US30 will come back to retest this support level before bouncing off again, I dont think its ready to take a nose dive just yet but some profits to be made here
As we can see from the chart previously once price broke the highlighted level it dumped but retraced very quickly. I anticipate once support is broken we are going to see an even bigger drop. I have a few sell stops in just in case to catch the fall
I been researching for hours and hours on google trying to figur out when it is right time to make a trade because on google it tells me many things about double top that can be trap move??? I am scared that if i do it wrong i will mess up my trades?? I know google tells me that when price bounce off the support level, it is a sell. BUT i also saw that it broke...
SELL US30. TP 24793 19 more people needed for the group forex account. Refer a friend to this, and receive commission. Have flexible jobs if anyone wants any. whatsapp me +447305684573
On the Equities front sentiment is starting to shift once again towards the negative side with offloading being done at the highs. After clearing Powell focus is shifting back towards the pressures on earnings from Coronavirus and spillovers, not expecting much more room to the topside in the immediate term. Investors do not like the headlines from China with...
As you guys can see on my previous prediction, US30 index will fall free fall to 29000 and this is become true and real. I have seen in my dream and it is like being a dejavu. Today China the major country with the supplies start to kick back their operation despite risk. If China not settling their operation resume to normal, the price of AAPL apple and US30...
we see a clear retracement of the .618 aligning with the second wave. the 3rd wave is the end of the Fibonacci extension. we know now that the waves are respected and came to an end. we are entering now the ABC pattern of the Eliott wave where we can expect some natural pullback. price can show some downside movement and can continue up.
dow jones still on a bullish run and momentum, looking for it to stay inside the channel , also everyone is expecting the "drop" how many have been caught out already? dow jones job is to do well in performance, i see it respectng the channel , ive also called in my telegram group US30 to make a new high this month also. insta - imtonythompson Telegram - Ntec...
Price is showing potential to continue moving bearish and is currently in a potential sideways correction. Take profit and stop loss levels are marked. Educational tip: Every trade you take is nothing more than educated 'guess' with a 50% win probability . Your job as a trader is to make sure you are educated fundamentally, technically and psychologically to the...
Clear Short, why? 1) Totally overbought D1-M1 2) No Fed rate cut 3) Worst economic outlook since 2001 4) USA - China deal? Come on :D Not 5) Gold runs up This is typically a blow off in the market bubble before recession. T1 25,320 T2 24,730