Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas...
NYSE:ZAX is showing intermediate term bearishness. Trend-Supp has been broken after rejecting historical resistance + RSI < 50. Year change > 0 so LT up trend still on place.
Stop: $ 5480 (above bearish candle and 50DMA).
1 Target: Important Sup in $ 5260ish (B:R 1:1 approx.)
2 Target: $ 5180 (B:R 2:1 almost).
I am dreaming of a swan song 🦢 event and a break from its traditional cycles. In this analysis, 7-year cycles fractal out into larger macro cycles, and so on. Just for fun...
The fractal pattern on the charts is nearly identical, and after the crash we saw today in the crypto markets, this could be a precursor of what's about to happen in the Equities, and Futures Markets.
I would be very cautious right now!
I'm completely out of the market, with the exception of long-term crypto holdings.
Good luck, and run a tight stop-loss!
Nasdaq100 has been bullish for years so the obvious thing to do , would be to go Long nasdaq is currently at a very strong support area($18,028) But is Also In a Retest zone For This Month if nas100 decides to break that support then the next support is ($17,658) if it does decide to break that support ($17,005) is definitely a good sniper entry to go Long we...
Price above the monthly cloud timeframe
Price above the weekly cloud timeframe
Price above the daily cloud timeframe
On the H1 timeframe, I'm waiting for the price to move above the cloud to signal a buy setup.
Price above the monthly cloud timeframe
Price above the weekly cloud timeframe
Price above the daily cloud timeframe
On the H1 timeframe, I'm waiting for the price to move above the cloud to signal a buy setup.
The Dow Jones index has the support of the bottom of the descending channel in the range of 37872 and under the condition of maintaining and not registering any close candle time of four hours below it, it can increase to the resistance range of 38586-38450.
I am still quite confident the markets are set to drop significantly in 2024. I have studied correctional wave patterns that are similar to our current situation wherein the market topped on January 4, 2022 and began the corrective pattern.
**The pattern contains a wave B that is larger than wave A in duration and movement. The wave C then moves more than wave...
fter successfully trading dxy long due to inflationary pressures and unrealistic beliefs surrounding the scale and scope of Fed interest rate cuts. It is now time to look for value in selling dollar at high prices and to plan that approach after the 6 month close. Their are govt forces that hold USD dollars and will potentially seize the opportunity to gain more...
