This is a retest of the Hell that broke loose. Ask youself a question...If there was that much selling here, what's the probability that price will fall big the next time price comes here again? If the answer is more than 50.1%, you should probably take the trade. Price might not be guaranteed to fall as far but you've got a clear signal that you could bank at...
Hello Friends ***** the ZN1 market is in an uptrend followed by a green volume increase at the bottom and wick candle at the top of vwap it means that the market is going to bear => it's a sell signal so you can sell and get out in the next red volume THANK YOU ATSELECTION
$CCL is trading on the lower boundary of the projected PEAD cone with good room towards the Median line making for a possible bullish move
$AMD is looking good with positive EM Score, EM Bias and Earning momentum. price is trading well within the projected range with a potential of a 12.63% to the upside if it closes on the mean by the next earning. Check EPS Momentum for more details on our stock scoring and screening system.
Market broke previous all time high and made new one. Election euphoria is coming next month with trade deal and corona virus vaccine.
In an uncertain market it is hard to find footing. NASDAQ:QQQ is currently testing a jumpy support level right now. The biggest factors that will play into the outlook of the NASDAQ and the market as a whole is government stimulus and the upcoming election. Many analysts are comparing this years election to Gore-Bush election and the uncertainty could be...
The short term weakness on the SPX persists since the short signal was triggered in the short term on the 4th of Sep 2020. The uptrend starting on the 25th of May 2020 the daily charts has taken a pause. Price now will test the downside on the SSSB (RED LINE) on the cloud. A break and HOLD below the SSSB cloud will start a new downtrend in the MT. The downside...
I published another fork pattern idea earlier today (see related idea) on the daily chart pointing out how the fork patterns predicted the lasts 2 major market falls and the starting of the recovery after the previous fall and likely the point where recovery starts for the current fall (which was yesterday). I went to 1H chart to get a feel for where the market is...
If you draw the highest resistance trend line since the recovery started (the blue line in the graph) and from the high before the last one (where the red line starts, on April 29) draw a fork to the last high on that resistance trend line (on June 28) and to the latest low after that high (on the green line, on June 29) this fork clearly shows that SPY fell right...
A close at 3329 in the SPX sits exactly on the SSSA line of the day ichimoku cloud. A test of the base of the cloud is imminent. The baseline forms support for now. The Teken level on the weekly charts is at 3350, this has been violated giving way to more weakness. Bottomline: A resumption in the uptrend must see a bounce from Friday's close at 3329 to 3375 for...
Short term weakness on the SPX since the short signal on the 030920 continues to the new trading week of 150920 spanning 14 days. Short term support is now between 3150 - 3280. A break of 3150 will see a corrective retreat on the weekly charts to 2973. Alternatively, a break and hold above 3443 will resume the uptrend of the SPX on all time frames.
The SPX has Rebound of its intraday lows of the week on the 9th of Sep to the Kijun Sen on the 4hr charts at 3475. This is a 50% retracement based on Ichimoku cloud indicators. Pivot will be at 3400. A close and hold above 3400 will test the Supertrend level at 3475 which is also above the SSSA line. A break below the pivot will see the retest of the week's...
Alright the US100 Tech is at a bigger reversal area. I would be carefully with Long positions in the market at the moment.
Where are we in the Big Cycle? Can the central banks prevent the crash? To me it looks like we are in one big complicated messy expanding flat. Economic deterioration pushing the markets down, while fresh central bank dollars pushing the market up.
Still looks good on daily, currently trying to rise. I think there's a decent chance to see another with onto 3150 red zone this week (or even coming days). Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
Are we seeing the start of a downtrend for SPX500? Last week, we broke out of the rising wedge and gapped down. Currently, MACD, RSI, 2 Day "Rate of Change" and Filter wave are all showing bearish signals. Therefore, I am leaning towards the market to go down. If we close below 2934 (0.618 Fib retracement and 50 moving average), it is a CONFIRMED downtrend...
When we look toward US market tesla is one of the leading company of US market According to TA, I am buying Tesla in our portfolio Gives a good return in the upcoming days Thanks