Gold Futures Monthly time frame is holding at support. I plan on turning to the smaller time frames to look for a bullish trend to form. I plan on looking for low prices in the buy zone.
Looking for RTY to push back bullish towards top of channel.
As long as the one hour time frame stays in the sell zone. I am expecting the market to push bearish towards the down fib extension.
The NQ daily time frame is in sideways movement. Resistance at price point 12169.00 and support at price point 10926.25. The market is at the top of resistance and is showing signs of a indecision candlestick. If resistance holds the market should push bearish towards support limit 11030.25 about +4,527 ticks away. As long as the market stays below resistance...
If support is going to hold, now is the time. Looking for a bullish trend towards resistance. About +1,000 ticks above support.
Gold Futures is holding at support. I am watching and looking for a counter trend line break bullish to enter into the buy zone. Im looking for a +800 Tick bullish push.
I'm keeping my eye on Gold Futures. Daily support held and the market is now at resistance. I am expecting the market to push bullish toward the first fib extension +691 ticks away.
Nasdaq 100 One hour time frame is in an up channel. Market is at the bottom of the channel. Waiting for a counter trend line break bullish above the bottom of the channel before looking to buy. The key is to wait for the market to close above the counter trend line break bullish. From the research, this shows the best chance of having the buyers take control and...
NQ one hour time frame is in an up channel back at the bottom of the channel. Waiting for a counter trend line break bullish. Looking for +2,000 ticks bullish.
NQ is in an up channel. The market is a little too high to buy. I am waiting for a lower price near a known level of U-turn.
The NQ one hour time frame is in an up channel. As long as support holds. I am expecting the market to push bullish about +1,300 ticks towards the top of the channel.
Announcement of Trump tested positive for Covid-19. May be a good idea to lower risk Until we find out the outcome. I am sure he will be fine. But situations like this can really spook investors into pulling cash out of the markets. That usually causes fast bearish movement. As of now, Bullish Structure is still holding. But it may be a good idea to lower...
NQ one hour time frame is in an up channel. I am waiting for a counter trend line break bullish at a known level of U-turn either at the bottom of the channel or above the channel.
Nasdaq 100 has entered into a down channel. If support is going to hold and the buyers to take control. Now is the time. Otherwise the research shows a potential 3,000 tick bear push towards a daily down extension.
The NQ daily time frame has created a small sideways range. If the market can hold at support, now is the time for the buyers to bring the market back up... If support fails. The market could push deeper bearish and will need to bring in a daily down fib to find the next potential low price.
As long as NQ stays above the top blue line. Long term I am expecting a bullish push towards 16,000.00. Any bear move I am viewing as a short term move. That is... as long as the market stays above the top blue line.
RTY should soon approach the monthly resistance. If resistance holds. Market could fall... If it breaks through, could be a big bull push. Will keep my eye on it.
This could be the one to watch over the next year.