Rotuma

Rotuma

Apple's long-term price structure is not in good shape; The writing is on the wall. A long-term reverse pattern in play.

Rotuma

US 30-Year Government Bonds Yield in full flight, breaking 2018 highs. Major support at 3.80 A complete five-wave pattern could land bond prices at 4.85-5.11

Rotuma

The US 10 YR Bonds Yield has struck a resistance point at 3.83% following a strong rally. It will need to hold above 3.83% to continue the current trend. The 3.50% is a crucial support point; it could trigger a pullback and provide a relief rally for the stock market if it fails at this crucial level.

Rotuma

The attached chart reveals the major support zone where major pullbacks seem to find support since Jan 2022. The recent retreat has tested the same spot and has risen to around 26.62, a crucial point in next week's session to the upside. 31.52 and 34.66 are potential targets if the price holds above 26.62; if it fails, it will likely come down to retest 20.48...

Rotuma

QQQ - A potential reverse pattern to the downside combined with Elliot wave patterns. Price could fall to around 240-228 if it collapsed below 276. Current support is at 294. Bulls will attempt to defend this area to drive back to 312. Failure to hold at 294 will push the price down to 283 and 296 trading zone

Rotuma

Investors took advantage of a bargain price after shares fell 14%. support at 0.2616 thewest.com.au

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A potential dead cat bounce I am expecting a test of the top of the channel if prices break 94.30, areas of interest at 95,97, and 100

Rotuma

QQQ Critical levels to the upside in the daily chart- 312, 318, 330, 335

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I Missed a great bargain at around 620 support. The current support estimate is about 703; if it fails, we might see a retest of 687 and 661—critical resistance around 728, 770, and 795. Tesla is in the top four components of the NASDAQ 100 Index and has a similar trend as the Index

Rotuma

It will be interesting to see if it holds above 44, the price has bounced off around 42, and major support around 40

Rotuma

US dollar makes its way back up after falling to 95.20 My estimate for the major level to the upside is around 96.14; holding above this point could increase the probability of moving up to the next level at the 96.60 targets. Support at 95.68 at the bottom of the price channel looks solid; however, we need to keep a close watch in case of a pullback.

Rotuma

Hi Traders, My views on what is happening with the index based on price movements in previous months. The previous actions, which my views are based on, highlight two critical levels, 25.90 and 21.60, as potential major support in the future. We could be looking at a retest of 25.90 if the index fails to hold above 28.60 and if it continues above 28.60, 32.90 and...

Rotuma

Hi Traders, My previous estimates on Jan 09, 2022, indicates AMC could fall if it fails to hold at 20.34; AMC dropped and stayed below this crucial level for more than two weeks but now is pushing back up, trying to reclaim this critical level.

Rotuma

QQQ gaps up above 352 estimates following a double bottom at 344. The next challenge is to break and hold above 356; if successful next level up is around 360 and 364

Rotuma

Shares are currently down close to -3%, trading below an important level at 47.26 and could continue further down to 46.65, 46.05, and 45.67 if it fails to get back above 47.26

Rotuma

The index bounced around 14198 estimates, gapped up and closed just above the 14596 support /resistance line, an important level for the next session. The next major point to the upside is around 14770, support around 14484, 14307, and 14198

Rotuma

SPX bounced around 4374 and gapped but will need to remain above 4455 to move forward, as seen in the previous action on the chart. Estimates for the next level up around 4496,4522 support at 4415 and 4374

Rotuma

The first wave could be a drop to around 11280, the second at 8977 and worse case to 6890.