On the 4-hour timeframe, the US30 is showing signs of weakness. The stochastic indicator, which measures the momentum of the price, is currently in overbought territory, indicating that the market may be due for a reversal. A reading above 80 on the stochastic indicator is typically seen as a bearish signal. Furthermore, the price has been trading below the...
If we try to follow the trend of the Dollar Index and SP500 in the short term, we can see how as the dollar rises there is consequently a decline in the U.S. Index, but this event is not absolute, in fact there are many variables at play. At the moment, however, many of these variables appear to be in favor of this inversely proportional swing, at least in the...
Hello traders, here is my view for USINDEX. A break and close above 105.30 will open the doors for 106 Let me know in the comment section below if you have any questions. This is just my view and not financial advice.
I have drawn two different support lines (I name it "higher" and "lower" support). One regards the monthly closed as the low point of the support line and another one regards the monthly low as the low point of the support line. The higher support line is clearly broken and is retesting (breakout n retest) while the lower support line still holds and has provided...
Hi everyone! The trend is bullish on S&P 500 (Futures), and if we try to follow US Index on intraday chart, we have two important levels: 4,189.75 and 4,098.50. Potential resistance breakout should develop a harmonic structure with Target around 4,238.50, conversely, 4,098.50 failure should trigger bearish consolidation around 4,048.00 area. Technically, both...
Hi everyone! From a technical point of view, S&P 500 could trigger a bearish consolidation (scalp) on 30 minute chart, let's look at what will happen in the next few hours and if the conditions are met, we will publish some updates on intrady chart. Thanks for your support, like & comments! Trade with care!
On the second of every month we have the S&P500 index updated here, subscribe so you don't miss any entry points. Today I decided to update the most high cyclical and super-cyclical degrees on it - the global picture. We will look at the weekly chart in a month's time. I pay special attention to it and put it in bold - it's a long-term forecast for decades....
The US 100 Index is looking to be buying the low price in order to go up to reach either 11943.00 or 12164.96. This is what I see when n the H1 timeframe.
dxy usd usdollardxy usd usdollardxy usd usdollardxy usd usdollardxy usd usdollardxy usd usdollar
Levels to watch out have been marked in the chart. Expecting a stronger sell off, if market bounces from here !
Descending Triangle has formed on Weekly for the Russell 2000 Index. The moving averages are all touching and seem to be at deciding point 200 = 21 =7 MA We need to wait for the official breakdown which will take the price to a target of 828. There are major warning signals for a Recession in 2024 with the inflationary pressures in the US, UK and Russia. We...
Hello traders, here is my view for EURUSD, let me know in the comment section below if you have any questions. This is just my view and not financial advice.
SPX Weekly Volatility Analysis 12-16 Dec 2022 We can see that currently the implied volatility for this week is around 3.16%, up from 3.08% from last week according to DVOL data With this in mind, currently from ATR point of view we are located in the 71th percentile, while according to VIX, we are on 31th percentile. Based on this, we can expect that the...
Hello traders, here is my view for USDZAR, check updates below for some other possibilities for next movement. Let me know in the comment section below if you have any questions. This is just my view and not financial advice.
Hello traders, here is my view for DXY, check updates below for some other possibilities for next movement. Let me know in the comment section below if you have any questions. This is just my view and not financial advice.
Hello traders, here is my view for EURUSD, check updates below for some other possibilities for next movement. Let me know in the comment section below if you have any questions. This is just my view and not financial advice.
Hello traders, here is my view for EURUSD, let me know in the comment section below if you have any questions. This is just my view and not financial advice.
Hello traders, here is my view for XAUUSD, let me know in the comment section below if you have any questions. This is just my view and not financial advice.