DE30EUR 2021 Jan 11 Week Red/green zones = preferred trade areas. We see a strong rejection at A, notice the bar closing at the bottom third of the bar. The bar after intermediate support at B went up on low volume, likely a mark up bar Some reduction in volume as price makes new high, keep stops tight if on long position / protect profits. Possible...
HS1! HSI1! 2021 Jan 11 Week Red/Green zones are preferred entry area. Intermediate 27753 resistance was broken through and has now become intermediate support. Though B sees a rejection, the volume isnt' as high as I'd like to see. The bar after it is a down bar on low volume. Notice also the price rotation zone marked out by the grey box. Let's see if...
OANDA:SPX500USD SPX500USD 2021 Jan 06 Midweek Price creeping up over the holiday season on lower volume. Bar B is weak, going up on low volume, and next bar had a lower close, confirming this weakness. Lower prices is not a surprise, except when it will happen. And this happened on 4 Jan. And it tested Bar A, a previous demand area. Notice that Bar C...
US30USD 2021 Jan 04 Week Per analysis over the weekend on weakness appearing, market has showed its intention, seeing a magnificent sell on 04 Jan, presenting buy opportunities. This looks like a re-accumulation Resistant3 = 30934 Resistant2 = 30800 - 30825 Resistant1 = 30622 - 06662 Support1 = 29893 - 30003 Support2 = 29420 - 29465 Hit the LIKE button if...
OANDA:NAS100USD NAS100USD 2021 Jan 06 Midweek Update Bar A has some demand at 12612. Could be re-accumulation. Long target 1 = 12757 Subsequently let's see if market will try for resistant1 The Bar A range will act as near term support and resistance Resistant3 = 13065 Resistant2 = 12957 - 12974 Resistant1 = 12863 Immediate support = 12612 Support1 =...
OANDA:DE30EUR DE30EUR 2021 Jan 06 Midweek Update Could this wide spread down bar on ultra high volume be accumulation? Keep your eyes on 13681. It is back into a previous supply zone, circled, so I'll be cautious at the moment. If price goes below 13533 then we would likely see a change in trend. 13681 : if it holds, then we can see a test of the...
HKEX:HSI1! HSI1! 2021 Jan 06 Midweek update Post Monday 4 Jan's observation Price if continues on an uptrend, I will look to buy if I see a Ultra High Volume wide spread down bar has formed, examples marked by red triangle. Remember to look for entry on a lower timeframe. Resistant3 = 28619 - 28755 Resistant2 = 28318 - 28379 Resistant1 = 27901 -...
x The building up of demand at 1879.30 finally saw price break through previous resistant when market opens on 04 Jan. If price returns to 1879 in future, this may be a good zupport/buy zone. Resistant3 = 2035.230 Resistant2 = 2004.448 Resistant1 = 1958 - 1966 Support1 = 1893 - 1898.604 Support2 = 1850.530 - 1855.148 Support3 = 1822 - 1828 Intermediary...
OANDA:DE30EUR DE30EUR 2021 Jan 04 Week Since 22 Dec price had been marked up (note little participation in the volume) 28 Dec sees a little push by smart money beyond an old top 13773 for distribution. The market moving down from 29 Dec's also due to lack of participation by the big boys. 13681 : if it holds, then we can see a test of the...
OANDA:SPX500USD SPX500USD 2021 Jan 04 Week Let's see if price can remain in the channel. Resistance1 = 2759 - 3764 Support1 = 3723 - 3728 Support2 = 3690 Support3 = 3659
OANDA:US30USD Weakness has appeared in Bar A,B on H1, market may turn. Do keep stops tight if long. 50% may be a possible support area Immediate resistance = 30627 - 30662.4 Support = 30300 - 30346.4
OANDA:NAS100USD Grey box showing market is in rotation. Last bar closed in the top quarter of the bar. Either remain in range or strength is likely to continue until market shows us further sign(s) of strength or weakness Resistant1 = 12925.60 - 12932.6 Support1 = 112812.8 - 12827.6 Support2 = 12751.4 - 12773.6 Support3 = 12460.2 - 12461.8
HS1! Immediate resistance = 27324 - 27400 Immediate support = 26854 - 26947 A = Pushed through an old top 27077 on high volume B = Weakness is seen from the selling and closing near the low Watch Monday's close for indication from big boys. Trade management TP can be 30% / 50% of range or between the range.
OANDA:XAUUSD Resistant3 = 2004.448 Resistant2 = 1958.686 - 1965.572 Resistant1 = 1906.809 - 1913.839 Support1 = 1850.530 - 1855.148 Support2 = 1822 - 1828 Support3 = 1764.570 - 1767 Last bar up on low volume, seeing some weakness. Monday's close will offer more clarity on direction from market. Trade management: 1) TP 50% of range between the zones 2) From...
OANDA:NAS100USD NAS100USD 2020 Dec 14 Week Will price retest Resistant1? Resistant1 = 12455 - 12504 Resistant2 = 12654 - 12676 Resistant3 = 112738 - 12766 Immediate Support = 12220 - 12236 Support1 = 12095 - 12127 Support2 = 11785 - 11813 Support3 = 11507 - 11577
OANDA:DE30EUR Resistant2 = 13497 - 13830 Resistant1 = 13222 - 13300 Support1 = 13019 - 13057 Support2 = 12684 - 12720 Look left to Sep 2020, price is now approaching a resistance area. Price had remained in a range. As the year end holiday mood looms, have a break from tradng
HKEX:HSI1! HS1! 2020 Dec 14 Week Price remained in a range for the past week Not much change to S/R zones Being in the year end holiday mood, take it easy on trading or take a break Scenario - Short Short from Resistant 1 Short from Immediate Resistant Target 1 = 50% of range to Support1 Target 2 = Support1 Extended target = Support2 Support 2 = critical...
OANDA:XAUUSD XAUUSD Week 2020 Dec 14 Resistant3 = 1900 Resistant2 = 1873 - 1800.77 Resistant1 = 1847.71 - 1851.2 Support1 = 1822 - 1828 Support2 = 1800.4 - 1805 Support3 = 1764.5 - 1867