Due to the institutional experiments using Chain link there was a massive push however i feel the applications and experiments have gathered all the Link they need. Without those buyers I see Chain link falling faster than Eth due to the fact multiple layer 2 chains on top of eth, I expect Eth to hold its value better than LINK UNISWAP:LINKWETH_8FE2C8 At the...
Historically, when unemployment crosses the 20 month moving average, a spike in unemployment follows in the next 12 months. These spikes in unemployment usually correspond with market downside in the S&P 500. The majority of the losses in the S&P usually happen early within the rise of unemployment. The recent rise of unemployment from 3.6 to 3.8 reported Friday...
CME_MINI:NQU2023 - PR High: 15536.00 - PR Low: 15522.50 - NZ Spread: 30.00 Economic Calendar Events: 08:30 – Average Hourly Earnings - Nonfarm Payrolls - Unemployment Payrolls 10:00 – ISM Manufacturing PMI - ISM Manufacturing Prices Long weekend - Holiday Monday Continuing to inch daily supply higher - Relatively same NZ spread as prev session - Break...
CME_MINI:NQU2023 - PR High: 15516.00 - PR Low: 15503.00 - NZ Spread: 29.00 08:30 – Initial Jobless Claims - Core PCE Price Index Peak into bull zone before declining below PR-1 - Overall hanging out in NZ - Daily push of supply with reversal potential Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap:...
NVTA on the daily chart is in deep undervalued territory at the third lower Bollinger Band. It put in a green engulfing candle after a Doji candle. The TTM squeeze indicator fired a trigger while the lower TF RS line is about to cross the higer TF line and the 50 level. The MACD lines crossed while under the histogram which is a low amplitude green. The two...
CME_MINI:NQU2023 - PR High: 15443.25 - PR Low: 15423.00 - NZ Spread: 45.25 Economic Calendar Events 08:15 – ADP Nonfarm Employment Change 08:30 – GDP 10:00 – Pending Home Sales 10:30 – Crude Oil Inventories Slight continuation of prev session supply run - Retracing back to NZ ahead of London hours Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Session...
CME_MINI:NQU2023 - PR High: 15112.25 - PR Low: 15096.00 - NZ Spread: 36.25 Economic Calendar 10:00 – CB Consumer Confidence - JOLTs Job Openings Pivot long set at ~14800 - Maintaining daily inventory - Carrying supply into daily Keltner20 Evening Stats (As of 1:05 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open >...
Recent market analysis and expert opinions, particularly those of Arthur Hayes (ex-CEO of BitMEX), suggest that BTC may experience significant choppiness around the $25,000 mark. While the cryptocurrency market has always been known for its volatility, the potential fluctuations in Bitcoin's value during this period could be particularly pronounced. As a...
CME_MINI:NQU2023 - PR High: 15030.00 - PR Low: 14982.50 - NZ Spread: 106.0 Wide NZ Spread - Hanging out inside Friday's highs No Significant Economic Events Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 265.68 - Volume: 27K - Open Int: 251K - Trend Grade:...
CME_MINI:NQU2023 - PR High: 14871.25 - PR Low: 14830.00 - NZ Spread: 92.25 10:05 – Feb Chair Powell Speaks Prev session printed as huge engulfing bar - Lows taken out from prev 2 sessions - Retracing to inventory < 14730 Evening Stats (As of 1:55 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session...
CME_MINI:NQU2023 - PR High: 15344.75 - PR Low: 15295.50 - NZ Spread: 110.25 Key Economic Events 08:30 – Initial Jobless Claims - Core Durable Goods Orders Wide NZ spread - High vols ahead of pre-RTH news Evening Stats (As of 1:35 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 245.46 -...
CME_MINI:NQU2023 - PR High: 14980.75 - PR Low: 14960.00 - NZ Spread: 46.25 Economic Events 08:30 – Building Permits 09:45 – S&P Global US Services PMI 10:00 – New Home Sales Evening Stats (As of 12:15 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 232.51 - Volume: 24K - Open Int: 253K -...
OSCR on the daily chart is shown near to but below the POC line on the volume profile anchored in April. The ZL MACD has a low amplitude histogram. On the directional index indicator both negative and positive lines are nearly trendless at the 20 level. The price is closer to the lower Bollinger Bands and so a reversion to the mean would be upward price...
ZW is shown as the December 2023 contracts on the 2H chart have reversed in the past two days and price has increased over 2% in that interval. The indicators show a flip in the volatility and a blue bar volume spike in the reversal. Price is presently about 15% below the double tops and pivot highs of June and July. Price is presently crossing over the mean...
CME_MINI:NQU2023 - PR High: 14759.75 - PR Low: 14730.25 - NZ Spread: 66.0 No significant calendar events Continuing daily inventory decline Evening Stats (As of 2:15 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 236.37 - Volume: 40K - Open Int: 258K - Trend Grade: Neutral - From ATH:...
CME_MINI:NQU2023 - PR High: 14954.50 - PR Low: 14938.00 - NZ Spread: 37.0 08:30 – Initial Jobless Claims - Philadelphia Fed Manufacturing Index Continuing cheap inventory hunt - Broke and held below ~15030 pivot - Retraced back into NZ from PR-3 into London open Evening Stats (As of 1:25 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) -...
CME_MINI:NQU2023 - PR High: 15123.25 - PR Low: 15109.00 - NZ Spread: 31.75 !FOMC Day! 08:30 – Building Permits 10:30 – Crude Oil Inventories 14:00 – FOMC Meeting Minutes Return to daily pivot low Evening Stats (As of 1:05 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 234.01 - Volume:...
I usually don't really look at the charts for long, but today I was just bored and had nothing else to do at work. I trade London session btw. 9PM-1:30 AM (GMT-5). Practicing at the moment on DEMO to later do a challenge to get funded. :D Can't wait, but I can wait. Missed a trade opportunity Monday. Tuesday there was no...