s&P 500 (SPX) short ideaI love seeing rejection zone. SHORTING is an opportunity to win. See the markup for reference. This is the highest that SPY reached recently.Shortby Blondelady19710
Us30 = = = Bullish internal signal 99% returnDaily internal signal analysis The trend is bullish, with higher highs and lows, but now H4 is diverging and the short position is up to 39635 Now there are two scenarios The first case 1. If the trend will break the Fibonacci 0.6 level, there is already a divergence Then there will be a reversal 2. If the level Fibonacci 0.6 is rejected and the EMA is below the Fibonacci level, the trend is more likely to continue If this level is not broken, then the trend will continue its trend There is a wait-and-watch position on the trendby Thebest-traderUpdated 110
DXY4-hour time frame dollar index analysis I expect correction of gold and currency pairs against the dollar.Longby m0neyminer0
Professional analysis and strategy, hopefully will help youS&P500 (US500) is falling towards the pivot which acts as a pullback support and could potentially bounce from this level to the 1st resistance. Pivot: 5,275.81 1st Support: 5,203.86 1st Resistance: 5,379.39by Sherry-MkUpdated 2
Shock! This analysis strategy is worth a look!Hello, traders The trend is bullish, with higher highs and lows, but now H4 is diverging and the short position is up to 39635 Now there are two scenarios The first case 1. If the trend will break the Fibonacci 0.6 level, there is already a divergence Then there will be a reversal 2. If the level Fibonacci 0.6 is rejected and the EMA is below the Fibonacci level, the trend is more likely to continue If the trend is rejected 0.6 level, moving average below current level The trend towards more opportunities will continue If this level is not broken, then the trend will continue its trend Maybe we should have a wait-and-watch position on the trendby Sherry-MkUpdated 1
Professional trend analysis and strategy, don't missHello, traders, thoughts on potential future price movements. - 2 Potential options. - Opportunities can only be realized in one of two "potential" price paths. - Technical analysis only. - "No" Consider fundamental analysis. - Consider "NO" relevance. Happy tradeby Sherry-MkUpdated 0
nice three drives pattern if we can completethree drives setup in the dx , just need to get a fire under her. coincides with the .618 as wellLongby mrenigma0
BANKNIFTY Trading Plan for 23-May-2024 Context: On the 22nd of May, 2024, BANKNIFTY experienced volatile price movements. Despite recovering from the day’s low, prices closed below the resistance zone of 48080-48180. Here’s the plan for the 23rd of May: Trading Strategy: Gap Up Opening (Above 48000): If BANKNIFTY opens above 48000, buyers should consider buying if prices sustain above 48100. Targets for the upside are 48285 and 48477. If prices trade below 47852 after the gap-up opening, consider a short entry targeting 47620. Flat Opening: On a flat opening, buy if prices take support at 47852 with a SL below 47800. The initial upside target is 48080. If prices sustain above 48100, aim for 48285-48300. If prices fail to support at 47852 and trade below 47800, consider a short trade targeting 47620-47600. If prices slip below 47580, expect a further drop to 47300-47254. Gap Down Opening (Below 47700): Look for a buying opportunity near 47620 with a SL of 47580 and a target of 48080. If prices trade below 47580, consider a short trade with a SL above 47650, targeting 47300-47254. Conclusion: Adapt your trading approach based on the market opening and early movements. Always ensure stop losses and targets are well-defined to manage risk effectively. Disclaimer: This trading plan is based on technical analysis and current market conditions. Market conditions can change quickly, and it is crucial to conduct your own analysis or consult a financial advisor before making trading decisions.Longby LiveTradingBox1
NIFTY Trading Plan for 23-May-2024 Context: On the 22nd of May, 2024, NIFTY traded near its resistance level of 22586 throughout the day. Due to the Bank NIFTY expiry, prices remained muted until the last 30 minutes, when we saw a breakout. NIFTY closed above the resistance level of 22586, confirming an upward move for the next trading session on the 23rd of May. Trading Strategy: Gap Up Opening (22700-22750): If NIFTY opens above 22700 and sustains this level during the first trading hour, it can move higher towards the target of 22800. Expect resistance near 22800. If prices do not sustain 22700 and start trading below this level, look for buying opportunities near 22600-22580. If prices break 22550, consider a short trade with a stop loss (SL) at 22590 and target 22465-22443. Flat Opening (Above 22600): If NIFTY stays above 22600, aim for a target of 22700. Above 22720, the prices can target 22800-22810. Look for buying opportunities with a SL at 22550. If prices start trading below 22550, wait and look for buying opportunities near 22465-22432 with a SL of 22400 and target 22580-22600. Gap Down Opening (Below 22538): If prices quickly recover and stay above 22600, aim for a target of 22700-22800 with a SL below 22550. If prices do not recover and stay below 22532 for the first trading hour, consider a short trade targeting 22465-22443. Below 22400, prices can potentially drop to 22300. Conclusion: Be prepared for different market conditions by setting appropriate stop losses and targets. Adjust your strategy based on the opening and early price movements. Disclaimer: This trading plan is based on technical analysis and market conditions at the time of writing. Market conditions can change rapidly, and it is important to conduct your own analysis or consult with a financial advisor before making any trading decisions.Longby LiveTradingBox2
DXY is ready to hurt some folks!! Deflation could be around the I am expecting to see dxy to 1.12 sooner than y'all think. We watched china get jacked up by DEFLATION and I think it is coming home soon. Penny meme stocks are going wild! End of a cycle indication to me. I have some buy orders on them beyond 70% down. After the last dump, whatever survives I believe will make you rich!! Benner cycle! Take profits while you have them maybe?? NOT FINANCIAL ADVICE!!!by Polarbearman0
DXY trend probability this is very tricky and I'm not sure but it seems like FED and HedgeFunds are playing big trap game. by johng2001Updated 4451
NAS100Possible drop in Nas100j prices to at least 18713.52 . is not a solicitation of trade.NShortby PRECY-3
Bad data is good data... but for how long?Following better-than-expected inflation print for April 2024, investors found once again an excuse for relatively bad data to be good for the market in anticipation of rate cuts, causing the S&P 500 Index (SPX) and other indices to soar to new all-time highs. However, just three or four months ago, the general expectations were for seven rate cuts in 2024, something we quickly ruled out when these assumptions emerged. After data in the first quarter revealed sticky inflation numbers, these expectations dropped dramatically to only one or two rate cuts by the year’s end. Thus, by now, it should probably be out of the question whether the Federal Reserve will continue to prioritize controlling inflation over unemployment, which has also been slowly rising. In fact, the unemployment rate rose to 3.9% last month, reaching the highest level since early 2022, when excluding the same print for February 2024. Yet, while the 0.5% increase from the lows does not seem significant, historically, a 1% rise in unemployment has been typically accompanied by a recession. Therefore, even though the rate of increase is slow, unemployment is moving in a concerning direction. Besides that, U-6 unemployment is growing much faster, and there are many other discrepancies in the labor market data, which could potentially hint at a much worse state of the economy that is being reported. Illustration 1.01 The monthly graph of the unemployment rate in the United States is shown above. Another interesting detail is that retail sales remained unchanged in April 2024 from the previous month, and the yearly change amounted to 3%, while inflation rose by 3.4% during the same period. In addition to that, the United States ISM PMI contracted last month, and expansion in the United States S&P Global Composite PMI eased. Again, while these are not outright horrible developments, the economic slowdown will likely become even more apparent in the coming months as the FED keeps a tight monetary policy for longer, putting additional pressure on economic activity and exacerbating the challenges faced by various sectors and consumers. With that, the question lingers over how much longer investors will continue to interpret bad data as good in anticipation of something that is not coming and will only serve to confirm the economy is really not faring that well when it comes. Illustration 1.02 One of the challenges in the current environment is debt servicing. This fact is strongly reflected in soaring delinquencies on credit card loans, which have nearly doubled since the Federal Reserve started the hiking cycle. Technical conditions Daily time frame = Bullish Weekly time frame = Bullish Monthly time frame = Bullish Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor or any other entity. Therefore, your own due diligence is highly advised before entering a trade. Longby Tradersweekly4
Bank Nifty LevelsI am sharing Bank Nifty Levels this levels act as important support and resistance for intraday . If you want to trade with this levels wait for 15 min candle closing above that levels. You can trade with breakout and reversal both. Please note this levels are for intraday trading only.by learntradingwithkb1
SENSEX S/R for 23/5/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh0
BANK NIFTY S/R for 23/5/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh0
Bank Nifty Support & Resistance for up to expiry 28/05/24Hi, I am sharing the Nifty support and resistance levels. They can be useful for Intraday and weekly positional trading. Support Level: Nifty is at the overbought level, where every raise can be an opportunity for shorting. Currently, it is holding the Support position at 22000; if it breaks, the next support will be 20700-20900. Resistance Level: On the other hand, 22550-22800 will be the resistance levels of Nifty, which is also an all-time high. So, between these levels, it will be suitable for intraday as well as 3-5 days holding positions. Declaimer: This is my personal view, and it is for educational purposes only.by RThulasiRam0
NIFTY S/R for 23/5/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh1
3rd touch of trendlineim seeing a bulling movement for fomc as we have a 3rd touch of the hourly trendline.Longby Beanieboyy0
US 30 - Ranges overview (update) Here is a daily overview of the current range we will be looking to trade today. Overall plans remain the same until proven otherwise. 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
Nifty LevelsI am sharing Nifty Levels this levels act as important support and resistance for intraday . If you want to trade with this levels wait for 15 min candle closing above that levels. You can trade with breakout and reversal both. Please note this levels are for intraday trading only.by learntradingwithkb0
Rough Sell for NASPrice diverging on NAS and dollar looks to re test resistance.Shortby Drippysnipes1
NIFTY DAILY - 22/5/2024Nifty opens with gap up and there was a selling pressure in starting which made day low which is 22483, but afterwards nifty made high of 22629 level. Nifty has formed Long Legged Doji pattern on daily chart which indicates opening and closing price are very close. RSI is around 59. Nifty has broken the resistance of 22586 so, further resistance can be 22610 level with support of 22554 level. Bank Nifty levels Support – 47305 Resistance – 48110 Today’s Advance Decline ratio of NIFTY50 Advance - 33 Decline - 17 FII Sell – 686.04 crores DII Buy + 961.91 crores. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂by radha_232