I approached the charts fresh out of the shower. I got in at 9:20 AM NY Time and got to the computer around 9:40 AM NY time. But anyway, I saw on the weekly that we were slowly rejecting lows. So, that means if I saw either a shift in structure or a change in the state of delivery, aka a break above an OB that has taken liquidity to go higher on the 4H or 1H,...
Price playing on a weekly key zone. It has been swinging the whole week but my bias is still long. On the daily chart we have a buy confirmation entry in form of engulfing body with a complete bullish setup on the 4hr.
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...
We have the initial Resistance zone which is the intraday Bias changing zone. Where the market is going to move if ES/ SP500 holding below initial resistance following the FC announcement then the reason to weakness then could still remain in play for move down to initial support. ///////////////// Short-term Neutral-Bearish Intermediate Neutral-Bearish /////////////////
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...
Interest rate bull and bear markets can run for many years before they change direction. Currently the yield curve is the lowest it has ever been and is still declining. The long term charts above are strongly suggesting that the bear market in interest rates ended during the pandemic crash low in 2020 after 39 years of decline. This will have major...
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...
Please pay special attention to the very accurate trend, channels and colored levels. Be careful BEST MT
If Sustain above 17587 then 17704.41 to 17765.06 above this bullish then 17885.25 to17908.15 above this more bullish if Sustain Below 17342.74 to 17324.19 then 17231.73 to 17187.02 or 17161.90 Strong level below this bearish then 17053.95 to 17009.24 or 16981.06 below this more bearish then Consider some buffer points in above levels. Please do your due...
On the idea that during sharp drops or gains, as long as its above/below 25% of the leading candle. A trade can be made to the next liquidity point. With a stoploss between 50-70%. Market tends to extend in the direction closed the previous day and retrace highs/lows. Since yesterday was deep red, we can expect some move back down to that area.
- EGX100 is down around 27% from its high. - Today it hit a very important level, the 200 day MA which was tested before on March 2023, and also if we measure the fib level, we find that it retraced to a 50% level. - This also occurs while EGX30 hitting its 200 day MA as well. - Now we can never know for sure if this bottom or not, but we can be prepared for...
Dollar Index The numbers and areas mentioned on the chart are based on breakthroughs or consolidation on them with four-hour and hourly candles. Do not risk more than 1.5% of your capital. Good luck!"
Horizontal lines to establish breaking retest, creating dominant zones.
Here is my analyse on DXY and I'm on a good running profit. For those who did not catch this move, wait for a retest on the blue zone to execute a trade or once all entry are fulfilled.
FINNIFTY if Sustain above 21832 then 21928 to 21943 then 22039 to 22054 above this bullish then 22163 to 22199 then 22262 to 22276 FINNIFTY if Sustain Below 21817 then 21720 to 21706 then 21683 to 21647 or 21609 to 21595 below this bearish then AROUND 21521 AROUND 21449 then 21390 to 21373 below this more bearish Consider some buffer points in above...
We warned everyone in our last analysis of the NASDAQ that it would decline again. NASDAQ is experiencing a pullback to previously broken support, which is expected to turn into resistance and lead to further declines. The markets may continue to weaken, so be cautious.
BANKEX if Sustain above 55965 then 56356.80 to 56435 above this bullish then 56657 to 56671 then56872 to 56925 BANKEX if Sustain Below 55841 then 55494 to 55481 then 55379 to 55326 Strong level below this more bearish then 55024 to 55011 then 54864 to 54810 Consider some buffer points in above levels. Please do your due diligence before trading or...