POI areas for today. I'm waiting for price to take liquidity and react to these areas. I shall personally take entries dependent on how price reacts in these zones. If price takes liquidity on the 1m timeframe in any area and shoots towards a POI, then that POI is more then likely invalidated. If price slows down before reaching a POI, then it's more then likely...
While the market leaders are indicating risk on measures are still in place there is some good news in market breadth using 10 Day MAs. AMEX:SPY Stocks Above 50 Day - Flipping Green AMEX:IWM Stocks Above 50 Day - Flipping Green TVC:VIX Inverted - Flipping Green
Stocks Plunge Before the Open as Meta’s Revenue Forecast Disappoints, U.S. GDP Data and Earnings in Focus Meta Platforms NASDAQ:META (META) slumped over -12% in pre-market trading after the Facebook parent provided weaker-than-expected Q2 revenue guidance and increased its full-year capital expenditures forecast. OANDA:SPX500USD NEW FORECAST The price...
DXY's trajectory remains predominantly bullish, navigating within a pronounced upward channel delineated by red lines. Presently, DXY is edging towards the channel's upper boundary, serving as a notable inclined resistance. Additionally, it's undergoing a reassessment at a robust resistance area denoted by green highlights. 🏹 Hence, the focal point indicated by...
Hope previous levels helped you a lot. here is the prediction for next week!
First entry failed (rare case senario) so here is a more detailed chart with alternative entry points where i expect reversal even tho ive been crying wolf (recession crash) im not looking for it just yet but market doesnt wait for anyone now does it maybe it may lead to a retracemnt for bearish continuation ill update for interested parties
#US30 Sell Idea .......................................................................................
Chart is showing bearish divergence. Head & shoulder pattern is visible at recent HH which is also a bearish pattern. So we can take entry at the break of neckline as that point will confirm trend reversal.
1 hour fractal to be tested as idea High risk trade, risk accordingly
Dow Jones The price of Dow Jones is about to reach its support line of 38175 and then closing the daily candle under it means it will continue the downtrend till 37750, but if closed above it means it will touch 38560 again. the bullish scenario will be activated by closing the daily candle above 38560 to get 38800 and 39170 The earnings of NYSE:DOW Dow Inc.,...
Looks like nifty will try to test 25800 and 32100 in 4years, lets see if this works Target 1: 25800 Target 2: 32100 Support: 18400
The validity of this chart remain true below todays high. This looks like a) wave upside and heading for b) wave downside and then an upward move may come for c) wave. This is just a view...no buy sell reco. Pls follow your own analysis for any trade/investment. Regards
Most people know, but there are only two relevant zones in VIX that foretell economy volatility (and the scariest buzzword of them all - a recession). Bears love to say the market will fall tomorrow, then next week, next month, next year, next presidential term, etc... until it finally happens, and they tell you they saw it coming all along. Meanwhile, their...
After a test of a strong horizontal resistance, Dow Jones broke and closed below a support line of a rising parallel channel on a 4h time frame. We can expect a retracement to 38230 / 38066 ❤️Please, support my work with like, thank you!❤️
A BOLD prediction --- possibly to some people But I stand by this chart as a roadmap where I see #UK equities outperforming against the cash cow that has been UK #Housing The how's and what's and why's are unimportant But the key thing is for younger people struggling to get into UK housing Investing in #Stocks #Technology Innovation #AI and #crypto will...
As described before one of the worst index's to have been exposed to for decades WHILST during rampant #UK inflation The FTSE did nothing to help you out. Yet here we are about to see it get sent to 5 figures.
In Dollar terms. We have analysed the FTSE100 #UKX the GBPUSD and UK Housing on a big time frame scale before. Here we have the FTSE 100 and the UK companies which have pricing power versus #Sterling which we know is heading to sub $1 As we have expectations of the #GBPUSD to target 0.71 in a head and shoulders target close to a 50% drop from current...
Pair : US30 Dow Jones Description : Double Top in Short Time Frame Completed " 12345 " Impulsive Waves Fibonacci Level - 261.2% RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line