As we all know OIL have made a really strong trend and the buyers ruled for the past couple of months, but not all good stories end happy.
the rejection that the price have shown in the later week was strong taking the price back to where it came from, sure thing oil prices are gonna drop but it might be only a pullback for a new highs, as we have consumed most of...
due to everything's happening in the world right now, wheat is just as MANY markets is gonna get highly effected by the situation and it has showed that in the chart.
as we can see the price has had a really good volume, although it's rejected but it's only the start of a trend not the end of it or something, but one sure thing is that its effect is absolute and...
Well, NQ will suffer for a while, and I posted an analysis mentioning so.
it's still gonna be short for a while, price is not showing any signs of a push by the buyers, in fact it's the other way around.
price is being forced to drop and trust me it will
if you didn't check my previous mentioning of NQ drop, I'll put the idea down.
THIS IS IMPORTANT!!
SELL usoil this rejection we're seeing here is glorious honestly, it has the largest volume since 07 Dec 2021. this is the perfect chance to sell market, price is just waiting for market to open, that's it.
I mean, I don't have much to say about this, it can't be clearer
bears have won.
so people you can't not SELL here, price now is surly reversing, the effect of that wick, that rejection is really strong.
and there is no escape anymore, price brock the 209 HMA and now it's heading for the 369 HMA, plus exiting that special area where price always makes a strong move.
let's just see it from a price action perspective, price have been rising...
as we can see, and as I previously posted, price is going to reverse.
It just touched a reversal area and if we took a look back price does respect that area,
for the past two days, all we saw were bears in the market, and addition the support that price have been making oven the last uptrend got broken.
plus, the price is showing a rejection, the next couple of...
US oil just gave us a sell signal, as it looks like, in the 4 hours frame time.
we have a significant rejection with volume, what chart is telling us here is that get ready something will happen,
and I am sure that price will drop and sharply, it may sideway first but surly it will drop.
and now is a really good time to sell.
if we gave a look to the HMAs we...
well DOW just reached an area where it usually reverses, and as we can see it's already happening, Dow brock the support line that it has been forming for the past five or six days, and all we saw today was a bearish market ready to drop.
after passing a few days in an uptrend, priced reached an area where it usually gets tired.
volume is showing sings of sellers in the market, and the uptrend is not gonna continue it's course
we can only expect red volumes in the upcoming days, and the volume is also might show a strong entry of sellers
NQ just showed a sell signal after making an uptrend for the past five days as well, and price looks like it started showing a sings of fatigue.
and you can see that today's break was with volume, and you can also see that in the last couple of days of that uptrend like getting smaller, and today's volume was big in comparing to those past volumes
us 500 brock a channel that price have been making for the past week,
and as it looks like it just got broken with volume
besides we have seen in the past five days, price have been doing an incredible performance, and as it shows in the volume of that trend, that it started getting tired, and today it made my previous idea about us500 true not false, today's...
so as NQ, ES goes by the same algorithm if you wanna call it that ,
so after that movement price started showing some fatigue
and it might be doing some sideways for like a couple of days then to go bearish so yeah, sell those markets
nasqad just showed a really good sell signal, inter short position and hold it
as we can see in the chart nasdaq made a bullish movement for the past few days and it has reached a point where it just got tired and it's time to reverse
NQ will soon be loosing 2000 points in a short period of time, sell now if possible and make sure you go strong SHORT
breaking the the moving average with volume says we're gonna see a few red candles
if price broke the 209HMA and 369HMA keep your position and double it at pullback
SIMPLY when institutions see themselves getting short of money the will sell...
ES \ US 500 is creating a false breakout, trading algos are creating a false breakout to sell market after people buy that market,
sell market now, it's showing a sell signal , sell it your TP is where i put it so as your SL
hope you make some cash out of it