What happened in last 24 hours worldwide: 1. USA indices fell further extending their losing streak. 2. When last checked at 8:55 AM Indian Time, most of the major Asian indices were in deep red. 3. Latest market affecting news is that Israel has conducted missile and air strikes against Iran. 4. FIIs+DIIs jointly hold nearly 52% short positions and only 26%...
Nifty will be gap down opening in today's session. After opening nifty start trading Below 22000 level and then possible downside rally up to 21880 & this rally can extend another 120 points if market gives breakdown 21860 level in today's session. in case nifty trades Above 22050 level then the upside target can go up to the 22170 level.
High beta gets the stick and carrot in the market moves. We have the tradable select mid-cap. We did write a close above 10850 warns higher, but we witnessed a sharp sell off from there. Good names from HP/BP pushed in the day early but then wittled. The EW counts navigate and guide you very well. Save one trusts and does the hard work. It is not a pull and...
Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46950 level then possible downside rally of 400-500 points upto 46550 Level & this rally can can extend another 400 points if market gives breakdown 46450 level in todays session.Any Major upside only expected in case banknifty starts trading above 47050 level to 47450 level.
Liquidity Crisis may happen most of hedgefund did buying treasury bond and then treasury bond margin loan , so they made almost 50x leverage on bond market times over and over now only t-bill s gonna be recognized as collateral so t-bill market happend this method But NFP is too strong, FED didn't do Rate Cut now So t-bill is bubbled now, we are gonna kill...
Easy comes, easy goes. Stronger optically, weaker in price. Extremes do the trick, so far so good. The fall yesterday despite the fact it just matched our understanding the path that was shown. With broader market, both global cues and results, the fear and risk off is huge! Back to the big picture, the Five waves ended, the corrective abc in operation, we...
Dear all 1350 is most likely to be broken, i suggest TP and CL some or all TraderApprenticePP
The canvass is laid, yesterday action confirms, we were afraid last support or first resistance. Brace for the break! In terms of wave, the corrective impulse is much stronger, indicating the much larger wave is in power. Thus, we pull the one cycle before what is shown. If this is true, then brace for mid 21500. In panic, supports are only in the Mind! 22300...
BANKNIFTY Chart Analysis..........19/04/2024 Short : 47000 Sl : 47300 Closing basis Target : 46570 / 45800 / 44500 Enjoy ! Note : If the price sustains below 46500 level then you will see the remaining levels coming up on the chart.
NIFTY 50 Chart Analysis..........19/04/2024 Short : 22000 Sl : 22100 Closing basis Target : 21710 / 21050 / 20810 / 20350 Enjoy ! Note : If the price sustains below 21700 level then you will see the remaining levels coming up on the chart.
The US Dollar Index TVC:DXY is negatively correlated with the macro Bitcoin BNC:BLX chart. Indicators like the Correlation Coefficient indicator will display swings from negative to positive correlation between TVC:DXY and $INDEX:BTCUSD. This can lead to a belief that they are not in fact negatively correlated. But, when you zoom out to a macro view of...
TVC:DXY has formed a Quasimodo pattern that is near completion of its right shoulder. Once it crosses ~105.9, expect it to continue up towards ~112.5 and then ~116. This is the scenario I expect will occur, and I am hopeful that it will take as long as I've drawn but it could occur much more rapidly. The longer it takes, the better chance we see extended...
hi traders, SPX is correcting and many traders becoming super bearish here. Don't panic here! Let's make a plan! We expect SPX to retest high from January 2022. 4800 could be a great entry for a long position. It's a Golden Pocket Fibonacci therefore some buying pressure may be expected. Retesting this level would be very bullish as it's previous resistance so...
Stocks are vulnerable to a 5% 'air-pocket drawdown' as greedy traders short volatility. Tuesday's stock-market pullback on February, 13 after a hot inflation report actually showed us something else about the market. It turns out that it did… an overcrowded short side of the options market which was reminiscent of the 2018 and 2020 'Volmageddon'...
Previous Analysis: US30 demonstrates very strong price rejection with "BEARISH" price action candles developed in the previously mentioned price range between $38,050 - $37,900. Price appears to be in an "ACCUMULATION phase", low-key consolidation but a wider range of price movement or fluctuation. Its following this phase in market movement we can begin to...
As we monitor the US30, it is evident that the index is currently in the process of resolving any remaining disparities in fair valuation. This phase of adjustment may involve a period of minor downward movement, as the market recalibrates, before subsequently resuming an upward trajectory towards establishing fresh record highs. Factors such as ongoing economic...
If this D1 demand area gets taken out and new supply gets created with the DbD above... things would be quite interesting. On the flip side, watching this area for a Trendline break and 4h momentum shift to the upside possibly hunting the Drop base drop supply imbalance above. Adding US100 to my watchlist.
02.26.2024 Next trade executed. 171 DTE. Trade construct is an unbalanced butterfly structure. Short Strikes DELTA -15 Happy Trading All! -kevin