Dollar is clearly going to the range highsThe dollar is clearly going to the range of highs. Opening gap and IFVG as supports for entry after stop hunt of some LTF levels. daily breaker rejection as I predicted from my crystal ball. Now IFVG as resistance to the continuation to lows. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔ Follow me for daily updates.Longby Dave-FX-Hunter1
DXY Index 20 May 2024DXY Index Analysis Week - 20 May 2024 Daily - Range Cloud (D) - Within Cloud Weekly - Range Cloud (W) - Above Cloud Mid Term - Range _________________________________________________________________________________ Apr/May Central Bank meeting: ECB - Neutral BOJ - Dovish FED - Neutral BOE - Bearish Vote, Neutral Fwd Guidance / Mixed RBA - Neutral / Mixed BOC - Neutral (Refer USD for Direction) _________________________________________________________________________________ Comments Staying neutral while waiting for new price development _________________________________________________________________________________ Risk Disclaimer All information provided is based on my personal experience and it does not ensure future profits. This is NOT a trade recommendation for you to copy. If you decide to act upon the posted information, the trade decision is taken at your own risks. Any advice given is deemed to be GENERAL advice. This information or advice given does not take into account your full objectives, current financial situation or needs. Therefore, you should consider the appropriateness of the advice before you act further. The trading of stocks, futures, options, spread betting, spread trading and CFD trading and any other leveraged trading activity involves risk. You should not trade with money you can’t afford to lose. Be honest with yourself. Thank You for browsing here. I wish you the best of luck and hope you make a fortune. Just make sure you do it over time and don’t try to make your millions in a week or day. by TY-TradingUpdated 4
SP500 I am moving to a 90% short today on any new high 5370I will now move to a 90 % long in the money puts in spy and qqq for march 2025 on any new high today . I see the wave structure ending a nice 5 WAVES up and I am worried about the DIA formation it could be a wave B if this is right then we will see a sharp decline on NEWS over the next 10 td and drop 3.5 to 5.1 % Vix also should see a new LOW .SO I am moving short today by wavetimerUpdated 3315
Nikkei Stops (Mixed Long and Short)Probably too ideal to come to fruition, this scenario is considering a rebound from the bullish forces in case of a descent towards the X zone, after encountering resistance near the red plank zone. If the bullish scenario manifests triggering an incursion towards the Z, this spot would be almost perfect for considering a bearish correction, considering that the retest of the grey slightly curved trendline would coincide with a revisiting of the previous record High. Will be watching closely the price action near the green marked price level for any signs of potential bullish sentiment as the bearish forces haven't looked decisive or important enough since the low near 36700.Nby nenUpdated 6
Good opportunity to sell DXY1)105.55 is 61.8% Fib retracement 2)Completion of corrective wave abcShortby Ansari1
DOW JONES BearsPrice action from yesterday"s NY session saw a huge bull rush in the markets. A break is oout from the up trend and looking to short towards the low. Shortby J_NgatiaUpdated 7
US30My View on US with the current news forecast. Tomorrow might be a great pump after seeing some accumulation on 1H time frameLongby randybrigittaUpdated 335
GER30 WEEKLY ANALYSISHello, traders here is a setup of GER30 as you can see the price has been bullish for the past weeks now and it has created a bearish flag pattern that signals price reversal. As you can see the price has been respecting the trendlines of the bearish flag pattern and now the price has shown a strong rejection on the upper trendline so for me I will wait for the price to break the previous support and turn it to resistance then I will look for selling opportunities.Shortby dlaminisya1
Us30 predictive move Us 30 is in an expanding pattern overall however there is an intrady bullish head and shoulders forming this can be taken on the rejection of the right shoulder with minimal risk since the trend is not clear h1 is looking bearish , however daily is bullish with a wick rejection yesterday ,weekly has a wick rejection last week showing again bullish rejection so the choice is yours I chooose to buy Longby Zim_12
us30 4h wow market just reacted from a monthly area of demand. we have daily confirmation. now a 4h entry opportunity is available if we can get a retrace my back to entry before valid hitting weekly or daily supply ULongby MastermindGNDUpdated 112
BUY DAX now and targer 18469DAX is suffering due to falling EUR but I´m expecting a stron pullback towads 18500. You can enter now at the current market price 18265. Set conditional SL, if any 30M closes below the SL zone, cutloss your trade. Wish you good luck.Longby Rendon12
NIFTY INTRADAY LEVELS FOR 14 JUNE 2024BUY ABOVE - 23400 SL - 23370 TARGETS - 23500,23600,23700 SELL BELOW - 23370 SL - 23440 TARGETS - 23300,23230,23150 NO TRADE ZONE - 23370 to 23440 Previous Day High - 23500 Previous Day Low - 23370 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍by Jagadheesh_JP4
Dollar Index to Reach and Break its Sept 2022 HighDollar index weekly chart still looks incredibly bullish long-term. First, we have a basic falling wedge pattern with targets at 1x and 1.5x measured moves up from the breakout of its wedge. As confluence, I've drawn an trend-based fib extension from the Sept 2022 High -> July 2023 low -> October 2023's high from the wedge break (inverted). Items of Note: Very strong Wedge break back in August - October of 2023 Very weak re-test attempt in December of 2023, making a higher low than the July 2023 low that led into the breakout, only wicked down to top of a long-term support level; failing to close at or below. Falling Wedge's measured targets TP 1 and 2 line up precisely with its 0.382 and 0.786 fibs from its trend-based fib. For TP 1 Present resistance to a move up is the ~106-108 area around the last two sets of weekly highs from Oct 23' and those made last month, or the 0% fib on the chart at 107.348. Once we get above that we should see it head towards TP 1 and the Sept-Oct 2022 highs. For TP 2 The final test will be breaking above TP 1 and the 50% fib (September 2022 high) before making a new high around TP 2. Beyond TP 1 and 2 I expect it will continue above both targets once they've been reached, even with a decent possibility of seeing 1980s ATHs. Links to earlier / related ideas below. Longby dudebruhwhoaUpdated 3
There's a storm on my chartHi everyone, I see two possibilities. Blue or Brown ? (we have to see!) Technical Section: The Blue Path: S&P500 is completing the fifth wave of the 5th wave of a five-wave rally. Wave 5 = 2.618 x length of Wave 1 Wave 3 = 2 x length of Wave 1 Target = 5790 The Brown Path: S&P500 is completing the fifth wave of the 3rd wave of a five-wave rally. Wave 3 = 4.236 x length of Wave 1 Target = 6440Longby BTC-XLMUpdated 8812
Dow 'Big Yikes' moment as it gravely lags behind BigTech rallyA stock-market rally concentrated on an ever-narrowing cohort of tech stocks is leaving the Dow Jones Industrial Average behind as the Nasdaq Composite (IXIC), Nasdaq-100 hit records, making investors nervous. The scope of the divergence on Wednesday, with the Nasdaq-100 finishing posting a 1.33% gain versus a 0.09% fall for the Dow DJIA was particularly troubling. This is quite rare moment as the Dow posted a daily close more than 1.0 percentage points below Nasdaq-100 Index and more than 0.9% below S&P500 Index. That is a 'Big Yikes' moment. It's largely a statement on very bad breadth of the market, as we're incredibly reliant on just a very small number of names. The rally more recently, he noted, has been driven largely by longtime AI favorite Nvidia Corp. (NVDA), and Apple Inc. (AAPL), which has surged nearly 9% this week as it outlined its own plans to add AI to its products. The Super concentration is manifested in any number of breadth statistics, which track how many stocks in an index are participating in a move, including the percentage of stocks at 52-week highs versus 52-week lows and the percentage above their 200-day moving average. For example, just one component of SP500 Index - that is Nvidia.. had accounted for 35% of the increase in the S&P 500's market cap in 2024. Such a high concentration implies that if NVIDIA continues to rise, then things are fine and dandy. But if it starts to decline, then the market will be hit hard. Overall, presidential-election years tend to be strong ones for the market, particularly in the fourth quarter. And years that begin strong also tend to hold up. But everything could end, earlier or later. The main chart is the ratio between Nasdaq-100 (NDX) and Dow Jones (DJI) Indices. That indicates that June quarter posting an extremely new historical high between these two Major indices, first time over the past 25 years. A very historical times we live. by Pandorra2
Will nifty follow the Channel or BreakRecently Nifty is moving Between the parallel channel, Expecting to break on friday 14th. Trade is simple. Keep the quantity low. Friday can be volatile. by palashm241
sell usd todayHi there, 105.6 level of usd index is important for this week. You could sell it in this level with TP and SL we mentioned for you in chart. Be profitableShortby takeprofitwithusUpdated 112
US 30 - Ranges overview (update) And just like that we are closing in on the buyside. The breaker gave some nice entries for anyone looking to go long targeting the buyside. The triggers all set up for the bullish scenario as we noted in the attached idea. Hope some of you guys managed to get onboard or learned. I also hope you guys were PATIENT and WAITING on the market to show you its hand. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. by Patrick27071
Russell vs NasdaqOn Mars 2000, the Nasdaq peaked. That's also when the ratio RUT/NDX fell at it's lowest. The same thing is happening today. The ratio RUT/NDX is falling quickly! I suspect we reach the lowest in September. Maybe a good time to sell some investments!Shortby brian76832
BANKNIFTY Buy & Sell Setup 15 minsSuper valid-looking! Leave a comment if you like my entry setup. This share is for educational learning purposes only, and I am not responsible for your profit or loss. Note: For more details, check the chart."Longby nandupkUpdated 5
DxConfirmation ppi negative for dollar Down now This is not a financial adviceShortby jupitertradeUpdated 224