NIK225 - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. Our short term bias remains negative. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Weekly pivot is at 37771. We look to Sell at 37805 (stop at 38125)...
Taken a short scalp on US 100 based on the invalidation of the highs of the 4H highs. Noted earlier as the breaker. As you can see I enter on the LTF and use the HTF ranges and points of interest as liquidity for the buyside and sellside. This way allows you to give you some space in your trading and limits you from getting 'lost' in the market. Entry 17238 TP...
S&P 500 is facing upside after a sell-off from strong US Unemployment and CPI Data. What is next is fed to decide on interest cut.
Hello Traders and Investors, today I will take a look at the Nasdaq. -------- Explanation of my video analysis: For more than 10 years the Nasdaq has been trading in a pretty obvious and also profitable rising channel formation. We saw the last retest of support back in 2023 which was followed by a significant rally of +70% towards the upside. As we are...
UAS200 pattern chart showing reverse pattern using H&S method...
In the weekly frame on the S&P500 index, there is a pattern called three black crows and it is a bearish pattern that will lead to a downward move in the upcoming weeks. in July and August 2023, the same pattern happened and the market rebounded for two weeks then the downward move began to make the index retrace about 9% As we can see on the chart the index...
There are 3 targets for the bear in this set-up. Lets see if its ready to go lower than TP3.
I am expecting an initial rejection of this bull channel from Oct lows (also aligns with the EWT count for a marginal lower low) but once SPX convincingly closes above this channel - we are going to ATH's in my opinion. NTA.
This index has formed a doji candle, which might be an indicator of an indecision in the market. I anticipate that the market might retest the resistance at 40,000 based on the fact that sentiment is bearish on this trade. Entry point at 38150, TP at 40050 ,and SL at 37200 as my R : R is 1: 2. Kindly remember to risk 1 - 3 % of your account.
Here is a look at the trading range for this Monday. As you can see we've held the 3H FVG (red box) perfectly and are trading back towards the 4H breaker (yellow box). Tape read the entirety of the move - knowing that we would hold the 3H FVG.. tape reading and following the market and LEARNING without TAKING A TRADE. There is no shame in just following the...
BUY ABOVE - 48120 SL - 47950 TARGETS - 48260,48400,48510 SELL BELOW - 47840 SL - 47950 TARGETS - 47700,47560,47400 NO TRADE ZONE - 47840 to 48120 Previous Day High - 48120 Previous Day Low - 47700 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...
BUY ABOVE - 22360 SL - 22320 TARGETS - 22430,22470,22510 SELL BELOW - 22270 SL - 22320 TARGETS - 22210,22160,22100 NO TRADE ZONE - 22270 to 22360 Previous Day High - 22360 Previous Day Low - 22210 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...
See chart, looking for sells around this region to go lower to clear or have a reaction of FVG!
VIX, or the annualized 30-day implied volatility of the S&P 500, is calculated throughout each trading day by averaging the weighted prices of a specific group of S&P 500 call and put options.
SPX500 Indexes bouncing after the crash low. But here is a pattern we have seen many times. It is the very lucrative 3 wave corrective pattern where the third wave is the cause building Wyckoff "Creek." Most of the examples we have looked at have been in bullish phases and so we have seen a bullish Creek. But here this is a bearish phase and so this is a...
This is a quick one. The chart should tell you everything there is to know. We will keep updating the comments below as the price action unfolds. Have Requests, Questions, or Suggestions? Let us know in the comments below.👇 ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used,...
Now that the long time SPY target of $524 is booked and holding, I'm setting sights on the downside (again). Maybe this time it'll stick. This is done with my dowsing and is more of a journal to see what works or doesn't and how long things take. Back on 3/12 I did a reading asking when the market will start a move to the downside. At that time, I got the date...
This analysis explores potential trading strategies for the Nifty based on various opening scenarios for April 23, 2024. Key Levels: - Support 1: 22,274 - Support 2: 22,077 (if price action forms) - Resistance 1: 22,392 - 22,475 zone - Resistance 2: 22,561 Trading Scenarios: 1. Gap Up Opening Above 22,400 - Expectation: Potential resistance and rangebound...