Hi, There's been talk of intervention BUT.. I think there won't be any.. making the yen weaker, in turn will cause stock market index weak. Watching for bearish for index and yen. All the best
The greenback is consolidating on weekly timeframe showing a strong build up for a bullish breakout.
Reject again Is going down hard today This is not a financial advice dyorr
The price is struggling to break out from the last supply zone and its probably going to reverse and fill the imbalance gap all the way down to $17200.
Short Term Elliott Wave View on DAX suggests rally from 10.23.2023 low is unfolding as a 5 waves impulse. Up from 10.23.2023 low, wave (1) ended at 17003.28 and dips in wave (2) ended at 16345.02. The Index extended higher in wave (3) towards 18567.16 as the 1 hour chart below shows. Down from there, wave (4) unfolded as a double three Elliott Wave structure. Down...
This week is very interested for a number of reasons; one of them being the fact that the monthly candle will expire before the weekly candle and as such careful analysis will need to be done in order to capitalize on the correct moves. I have updated my bias once again to a sell as the retracement move still has not been finished as the H12 - H23 timeframes,...
We are flagging out at the moment on spx/spy. Target is 480 old ATH that was never S/R flipped or back tested. This would also give us a bull div on the daily for the next leg up to 5500-5600 spx
This is my analysis on DXY daily time frame for now. I have been with it for days now just waiting for it to come down and get the confirmation on my Lower time frame to trade. We all know when xauusd is going down, dxy is going up this are opponent pairs.
Arrow in the chart of Nifty is pointing in the direction of which Nifty intends to go in the long term. There may be some slip-ups in the short run but in the long run Nifty will be seen travelling in the direction the arrow is pointing. Today Nifty returned from an important trendline resistance of 22625. crossing the same will be a little bit of a challenge....
In the most recent trading session, the Nasdaq, mirroring the broader trend observed across major US indices, underwent a significant retracement following an extended period of bullish momentum throughout the year. The Nasdaq's price descended to a demand zone situated approximately at the 50% level from the preceding swing on the daily timeframe. Subsequently,...
Hey my fellow traders! How's it go? Hope all of you are careful out there and making profits $$$. Some of you might be getting overwhelmed by some choppiness and rumors coming from all directions. I will do my best to share my spin on what I see on the charts and give some of you a perspective you might not have visited yet. Let's take one bite at a time so...
Pivot 38600 Our preference Short positions below 38600 with targets at 37060 & 36230 in extension. Alternative scenario Above 38600 look for further upside with 39345 & 39850 as targets. Comment The RSI is mixed with a bearish bias. Supports and resistances 39850 39345 38600 38004 Last 37060 36230 35480 Number of asterisks represents the strength...
VIX Keltner and regression channels, along with VIX/VIX3M and the trend index of VIX and the S&P indicate we've reached a local low. TVC:VIX SP:SPX CBOE:VIX3M
I was a little late posting it, but it was an easy play on the channel break. Long for 17800 area.
Nasdaq approaching new weekly highs or equivalent to current weekly high which will react in a change of movement and market direction for the new month and weekly basis
New World Capital - Article 4 (continuation) US30 The liquidity grab happened and we bought the dip. We now have 2 positions opened before the session ends. We can expect more liquidity grab during the next London/New York session approximately from 5:00AM to 8:00AM (PST) Buy ( 2X ) US30 @$38000 - $37800 TP@ $38539 SL@ $37655 Risk: 1% - 10% Reward: 7%+ - 70%+ Day Trade
Expecting the rate cut is delayed until next year (until some bad eco news), so Nov and Dec time market would be expecting huge cut with huge upward movement expected.
New World Capital - Article 4 (continuation) FOREXCOM:US30 US30 has indeed gone from a falling knife to a space rocket. The volatility is dying down as the session is coming to an end. Prior to the next session, I anticipate that there will be another liquidity grab that will make the price slips rapidly before rallying to the level it was at before the...