SPY WEEKLY-MAY 6 2024Welcome to SPY weekly and I have clearly explained which levels to trade & what direction market can take. If you have any questions feel free to DM NOTE: AVOID TRADING SPY14:42by THECHAARTIST0
Spy 4hr Major demand at the $500 level (zone 1). Pushed thru zone 2 now trading in zone 3. I expect some consolidation and a strong pullback to possibly back zone 2 before a continuation up to the upside. Longby KlabCo0
Tracking the inversion of the yield curve US02Y - US10YThe inversion of the yield curve often serves as a reliable indicator, suggesting an impending increase in the likelihood of both recession and market downturns in the foreseeable future To track this inversion effectively, you can subtracting the interest rates of the 2-year US government bonds frby OfficerDonut0
BABA Gap FillBABA has been moving bullish lately and is looking to fill a gap zone. Look for price to move fast through this area.by MindOverMarket1
EURUSD : Long Attempt AgainEURUSD, which wanted to go up, was blocked by sales. Some more relaxation could be expected, but trade may be forgotten and there may be no opportunity. There is no need to risk. These parameters are not bad: Very small capital is ideal for starting out. Because we are trying to get back on track cuLongby Noldo0
Potential Trade analysis for Trident for Target 🎯 of 2 times ..Potential targets for Trident Ltd.: ### Entry Point (Buy): - **Buy Price**: Considering the support at INR 39.50 and the rebound witnessed at this level, you might consider entering near this price, provided the stock shows signs of stability or upward momentum. Wait for a confirmation of reversal,Longby TRADERSMONK070
USDJPY Buying Opertunity The Bank of Japan is suspected to have intervened in "propping" up their currency. This is when a central bank buys its own currency to prevent it from a free fall. However, this solution is a like a small bandage on a gaping wound and the Japanese yen will continue its bearish momentum. Over the Longby TheForexMessiah1
ETH Macro - $7500+ - EWP Wave 5 impulse to start in the coming days/weeks. - Global liquidity in final stages of EWP Falling Wedge (ABCDE) contraction pattern, supporting thesis for liquidity expansion in the near term, possibly into 25, supporting growth in most risk assets. Longby SMShehab1
NIFTY INTRADAY LEVELS FOR 06/05/2024BUY ABOVE - 22550 SL - 22510 TARGETS - 22600,22640,22710 SELL BELOW - 22470 SL - 22510 TARGETS - 22430,22360,22320 NO TRADE ZONE - 22470 to 22550 Previous Day High - 22780 Previous Day Low - 22360 Based on price action major support & resistance's are here, the red lines acts as resistances, tby Jagadheesh_JP1
XAUUSD Descending wedge formationFalling wedge pattern and price action suggest price consolidation, LH and LL with downtrend approaching demand zone. Watching RSI, MACD, will give additional confluence of bias.Longby BigBody_Crypto0