Nasdaq (NDX) is almost at the top of the long-term Channel Up that started back in January 2023 and the 1D MA50 (blue trend-line) has been supporting the current Bullish Leg since November 03 2023.
That is a very aggressive wave that is most likely coming to an and as technically it resembles the previous Bullish Leg that peaked on July 18 2023 on a similar (as...
Chinese equities — seemed to have bottomed and look primed for a breakout on the EMA Ribbons which usually confirms a buy signal. Also the additional liquidity being pumped in the Chinese market is fueling the recovery as measured by M2 and the Quantitative Easing as measured by the Chinese Central bank Balance Sheet.
Price targets are at the FIb 0.5 level at...
BANKNIFTY TRADE OPP
As you can see the BANKNIFTY has broken out the h&S neckline.
now we are in retest phase. if it comes to the neckline and find support of neckline we can see a blast upside.
Same structure is observed in the hdfcbank.
this is not in any means a trade/invest advice. pls consult your fa for any buy sell Reco.
thank you.
It seems crazy to think it's possible SPX could be near the end of a giant uptrend and start of a big reversal. It seems crazy today but if we took a hypothetical scenario where it did happen and in 20 years time you have to explain what happened to kids, do you think you'd be able to?
If the SPX uptrend made a major turn, explaining how a bubble had formed and...
DAX (DE40) is extending a very strong Bullish Leg, which started after the previous short-term correction ended on January 17 2024 with a contact on the 1D MA50 (blue trend-line). This is part of an overall Bullish Wave that emerged on the latest Higher Low (October 27 2023) of the 1.5 year Channel Up.
However as the 1D MACD is about to form a Bearish Cross...
Chinese equities — seemed to have bottomed and look primed for a breakout on the EMA Ribbons which usually confirms a buy signal. Also the additional liquidity being pumped in the Chinese market is fueling the recovery as measured by M2 and the Quantitative Easing as measured by the Chinese Central bank Balance Sheet.
A Weak Dollar Is the Driver of Price Records for NASDAQ-100, BTC/USD, XAU/USD
Financial market participants expect an easing of the Fed's monetary policy. The prospect of lower rates puts pressure on the value of the dollar, which in turn pushes up dollar-denominated assets. This contributed to the setting of record highs:
→ The price of BTC/USD exceeded 70k...
To get success in intraday trading, requires dedication, hard work, patience, quick wit, and immense knowledge. Successful day trading involves 10% execution and 90% patience.
To gain expertise in day trading and honing trading skills, it takes a fair amount of time. There are a number of Best Intraday trading strategies available for trading, but the success...
The focus today will be the Consumer Price Index (CPI), a market-moving inflation report from the United States. I am expecting high volatility.
Although the data is unpredictable, we can sometimes gain a bias from chart analysis. It would be wise to look at DXY (the USD Index).
DXY (USD Index) - buyers returned close to the 61.8% retracement level of 101.92....
US500 is rising towards the swing-high-resistance, could the price continue the bullish momentum break above the resistance level?
Pivot: 5051.99
Support: 4930.60
Resistance: 5187.95
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Nasdaq - Feb Month Analysis
I trade Nasdaq exclusively
Trading in GMT time zone
Sharing my post February review and analysis in case it can help you!
Looking back at February, I want to review if I took the best trades for the month.
The Day TF provides me with the strongest confirmations and the most profitable trades.
This timeframe provides me with my bread...
Stay ahead of the curve with our daily Bank Nifty key levels!
All INDEX key levels for March 12, 2024
Overview:
Today's trading session presented significant opportunities within the Bank Nifty index and we executed the trades based on the levels published yesterday on tradingview and we were able to capture the fall of 300 points in BankNifty
Here are the...
** Level for Index -
If NIFTY sustain above 22365 or 22396 then 22448 to 22457 then 22477 then 22508 to 22526 above this more bullish.
If NIFTY sustain below 22317 then 22309 then 22284 then 22253 to 22239 then 22178 to 22170 below this more bearish.
Consider some buffer points in above levels.
Please do your due diligence before trading or...
** Only Major levels
**use this levels for Future as well as Index
If BANKNIFTY sustain above 47464 or 47508 then 48025 to 48071
If BANKNIFTY sustain below 47263 then 46548 to 46502
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does...
