NIKKEI is oversold, i am expected a selloff next week. You can see how the signal reacted in the past and make your own opinion
CME_MINI:NQM2023 - PR High: 13922.00 - PR Low: 13911.25 - NZ Spread: 24.25 Building Permits at 08:00 AM EST. Not much change for Monday's session. Maintained a range. Today's session opened up and holding highs of prev 2 sessions. - Significant decrease in NZ spread. - Strong break above PR+1 early. - Holding supply above 13950. Evening Stats (As of 12:05...
In recent times, the stock price has been increasing exponentially, but it appears that the RSI level of 70 (purple line) has halted the upward momentum. If the uncertain market sentiment continues, the stock may weaken towards the lower Bollinger Band (orange line) and the 50-day moving average (gray line), reaching approximately 107-108 (green circle). It is...
CME_MINI:NQM2023 - PR High: 13842.50 - PR Low: 13794.25 - NZ Spread: 107.75 Wide NZ spread. Likely prep for PMI on Tuesday during RTH. Relatively high volume for April-May. Evening Stats (As of 12:25 AM) - Weekend Gap: -0.26% (filled) - Session Open ATR: 183.86 - Volume: 23K - Open Int: 269K - Trend Grade: Neutral - From ATH: -17.3% (Rounded) Key Levels...
Here on a daily chart, I have plotted the ratio of the dynamic share price of BUD compared with TAP. The thesis is that TAP ( Coors / Molson) may have had a share price rise while BUD dropped its own as a reaction to its adverse ad campaign which resulted in a social media disaster. BUD is global with only 25% of its market in North America while TAP is...
PSNY ( Polestar) has dropped to its lows after an earnings report which shown it still has no cash flow but at least the losses are less than projected by the analysts. On the chart zoomed out, price is in megaphone pattern which demonstrates increasing volatility. Price is at the bottom support trendline and one standard deviation below the anchored VWAP. ...
CME_MINI:NQM2023 - PR High: 13960.50 - PR Low: 13899.25 - NZ Spread: 136.75 Broke key level 13737, strong supply zone from Aug 22, now inventory Strong volatility jump (see NZ spread above) Powell Speaking at 11:00 EST Evening Stats (As of 12:55 AM) - Weekend Gap: N/A - Session Open ATR: 185.45 - Volume: 35K - Open Int: 278K - Trend Grade: Neutral - From...
RNDR/USDT - Daily Timeframe RNDR is an interesting asset, a lot of hype around this token. Price is struggling to overtake current resistance between $2.20 and $2.50. Price is currently right at resistance right now with a potential Swing-Failure Setup. We are above the Base Line , and we did just have a nice push with momentum OFF of the Daily Base Line...
Small caps have lagged bigger indexes like the S&P 500 and Nasdaq-100 so far this year. But now, there could be signs of a turn. The first pattern on today’s chart of the E-Mini Russell 2000 futures is the falling trendline along the highs of February, March and April. RTY1! has squeezed through that resistance in the last two weeks, which may suggest it’s...
CME_MINI:NQM2023 - PR High: 13646.00 - PR Low: 13636.25 - NZ Spread: 21.75 5/15 session closed with strong supply run. Approaching key long-term supply zone ~13730s from Aug 2022. - IMO, crossing this supply zone could signal clearance of bear trend. 08:30 EST Economic Events - Jobless Claims - Philly Fed Manufacturing Index 10:00 EST Home Sales Evening...
CME_MINI:NQM2023 - PR High: 13506.75 - PR Low: 13485.00 - NZ Spread: 48.75 Daily supply grinding higher after yesterday's inside close. Peaking above PR+1. Building Permits at 08:30 EST Crude Inventories Evening Stats (As of 1:15 AM) - Weekend Gap: N/A - Session Open ATR: 176.86 - Volume: 18K - Open Int: 269K - Trend Grade: Bear - From ATH: -19.4%...
CME_MINI:NQM2023 - PR High: 13467.75 - PR Low: 13456.00 - NZ Spread: 26.25 Monday closed as inside print. Ended positive, testing the daily supply. Evening Stats (As of 1:35 AM) - Weekend Gap: N/A - Session Open ATR: 179.80 - Volume: 16K - Open Int: 263K - Trend Grade: Bear - From ATH: -19.8% (Rounded) Key Levels (Rounded - Think of these as ranges) -...
AUTL on the one-hour chart had a spontaneous parabolic move without a catalyst as best as I can tell. Earnings ten days ago were decent but nothing special. AUTL as a biotech firm is losing cash just not as much as analysts predicted. In the parabolic move very few shares were traded between $2.00 and $2.40 as per the volume profile Overall a massive volume...
I'm Bullish on Intel. Bollinger bands have tightened and volatility will be making it's way into the stock. This stock has been in a downtrend for almost 2 weeks now, as depicted by the trendline I've drawn. OBV has curved upwards and we have a total of 3 virgin points of control lingering above the current price. If we can break above $29.07, we should easily...
CME_MINI:NQM2023 - PR High: 13379.75 - PR Low: 13357.00 - NZ Spread: 50.75 Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Session Open ATR: 186.02 - Volume: 19K - Open Int: 255K - Trend Grade: Bear - From ATH: -20.2% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 13531 - Mid: 12959 - Short: 12392 Keep in mind this is not...
Spot Silver dropped this past week about 6.5 % from its high early in the week. On the 15-minute chart the drop occurred over three days. XAUUSD is now underneath the POC line of the volume profile as well as the negative bands of the mean anchored VWAP. The Mass Indicator and faster / slower MA ratio indicator are both near the zero line showing...
BYND had it surge in the post Covid months. As seen on the weekly chart, multiple touches of the supply / resistance zone occurred in the range of $160-180 per share. Price is now at 5-10% of the highs and at the multi-year lows. Volume is weak. The RSI swing indicator has given a buy signal but I am skeptical. BYND is heavily shorted and sellers have...
CME_MINI:NQM2023 - PR High: 13466.25 - PR Low: 13444.00 - NZ Spread: 49.75 Continuing to make new daily highs. No significant economic news. AMP discount margins returned to normal. Evening Stats (As of 12:45 AM) - Weekend Gap: N/A - Session Open ATR: 187.34 - Volume: 23K - Open Int: 256K - Trend Grade: Bear - From ATH: -19.5% (Rounded) Key Levels (Rounded...