SDOW has leveled off at a near-term bottom after a downtrend as confirmed by bullish divergence on the RSI and MACD while the price went sideways in consolidation. Volatility has contracted as have trading volumes. I see this as a buying opportunity with a stop loss of 20.5 below the low pivot in consolidation and the first target at 22 underneath a...
CME_MINI:NQZ2023 - PR High: 15929.75 - PR Low: 15891.00 - NZ Spread: 86.75 Key economic calendar events 08:15 | ADP Nonfarm Employment 10:30 | Crude Oil Inventories Back above last weeks inventory zone - Wholesale marketing for longs with daily pivot Evening Stats (As of 12:05 AM) - Weekend Gap: -0.05% (open > 16030) - Gap 10/30 +0.47% (open < 14272) -...
ESGL on the daily chart is showing a VWAP band breakout from the lower bands to the upper bands and had a huge day with after-hours follow through. On the 15 minute chart, a high tight flag is seen with price in consolidation in a pennant ( symmetrical triangle) in the after-hours and corresponding extreme relative volume denoted by blue histogram bars well...
Hi Traders, Investors and Speculators📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. When it comes to Technical Indicators, speculators have many options to choose from. Do you prefer to keep it simple? If your answer is YES, the...
CME_MINI:NQZ2023 - PR High: 15862.50 - PR Low: 15845.00 - NZ Spread: 39.0 Key economic calendar events 09:45 | S&P Global Services PMI 10:00 | ISM Non-Manufacturing PMI - ISM Non-Manufacturing Prices - JOLTs Job Openings Break and hold below prev week inventory - Riding 15830 support Evening Stats (As of 12:05 AM) - Weekend Gap: -0.05% (open > 16030) -...
Is gold cheap relative to oil? Divide gold by oil to do a ration Then 1 month candle, bollinger bands with a length of 80
CME_MINI:NQZ2023 - PR High: 16027.00 - PR Low: 15988.25 - NZ Spread: 86.75 No key economic events Maintaining range from prev week Evening Stats (As of 12:25 AM) - Weekend Gap: -0.05% (open > 16030) - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 202.96 - Volume: 29K - Open Int: 278K - Trend Grade: Neutral - From ATH: -4.8% (Rounded) Key Levels...
Equal highs took place, next move is RRR 2%. ATR reads are location value zones. ETH on its way to break through the Grizzly OB. RRR is ATR calculated united with ATR cluster. No reason to panic on a downtrend. Stick to Risk Reward Ratio. Moving forward, can’t get any worse than the two ATR readings unless Forex decides to dip to sweep new liquidity beneath the...
Lumen *could* be a possible risky bet with a rise in interest rates. A LOT of the risk has been priced out with a complete COLLAPSE of the price. They have a lot of debt, not as much as other companies. What are we buying here? Telecom infrastructure and computing edge technology (google it). Which is physical telephone poles in the good ole' US of A. They are a...
CME_MINI:NQZ2023 - PR High: 15966.75 - PR Low: 15950.00 - NZ Spread: 37.25 Key economic events 10:00 | ISM Manufacturing PMI - ISM Manufacturing Prices 11:00 | Fed Chair Powell Speaks Maintaining weekly range - Failed to hold inventory below 15830 zone - Vol spike expected for Powell Evening Stats (As of 2:55 AM) - Weekend Gap: N/A - Gap 10/30 +0.47%...
Trend patterns with Forex plots included. You all know what comes next. I’ve seen liquidity downtrend sweep. One of this moments all the bulls will come into 1. Forex contraction. All we have seen is a wavy market because it’s a contraction. ATR in play says N_ xt!
D ear Esteemed Traders, G old has maintained an upward trend since breaking above the 20-period EMA on October 6. This breakout coincided with a rebound from the blue support zone at the bottom. The duration of the current bullish trend is comparable to the length of the preceding bearish trend that occurred when XAU lost the upper blue support and dropped to...
CME_MINI:NQZ2023 - PR High: 16050.25 - PR Low: 16037.00 - NZ Spread: 29.75 Key economic events 08:30 | Core PCE Price Index (x2) - Initial Jobless Claims 10:00 | Pending Home Sales Another day of virtually no change - Maintaining weekly range - Failed breakout attempt above 16180 supply zone Evening Stats (As of 1:55 AM) - Weekend Gap: N/A - Gap 10/30...
Nifty nearing all-time-high, and India VIX is rising too! VIX>13 and up-trending. In Feb 2023 we saw India VIX climbing up to 18. Purely because of National Event - Budget. This time we have even more sensational National Event - Elections! Will it breach 2023 high? All the best Option Sellers. The dance of Volatility starts!
CME_MINI:NQZ2023 - PR High: 16057.75 - PR Low: 16040.50 - NZ Spread: 38.75 Key economic events 08:30 | GDP 10:30 | Crude Oil Inventories Maintaining weekly range Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 203.10 - Volume: 27K - Open Int: 287K - Trend Grade: Neutral - From ATH: -4.2%...
I was short TLRY at the beginning of the year, I am now long TLRY as it continues consolidating around 1.67. Good volume accumulation as a function of time and strong volume accumulation as a function of price. RSI looks good, fundamentalists would say good things about it but i am focused on price.
Gooood morning guys, As always I keep things brief and simple Short on CAPITALCOM:NATURALGAS actual price 3.50$ FIRST TARGET --> 3.00$ SECOND TARGET --> 2.75$ Why? - Stocks are full in Europe - Seasonality, Autumun season boosts in the beginning of October stabilizes till mid of it and crashes in the end of the month. I'm just following the cycle. ...
CME_MINI:NQZ2023 - PR High: 16012.25 - PR Low: 16002.00 - NZ Spread: 22.75 Key Economic Event 10:00 | CB Consumer Confidence Holding same levels as prev session Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 208.13 - Volume: 20K - Open Int: 284K - Trend Grade: Neutral - From ATH: -4.7% (Rounded) Key...