US500 looking for downside continuation after yesterday's inflation rate and new rate hikes coming on next week. Safe entry after break below structure or 3900 level. Targeting pre covid highs.
Dow jones moves in big downtrend channel and there is good chance of continuation after pullback. Two potential sell areas. First sell area at 31900-32000 zone and second at 33300 if price breaks above 32k.
upside continuation/ strong $
dxy is on big uptrend and getting ready to visit tops again. Daily pullback from 105 to 101.300+- is done and minor TL broken.
targets: target 1 - 105.00
target 2 - 110.00
reversal potential/ double top
nzdjpy is rejecting from previous tops and it could drop. Potential profit taking and another big drop on the way. High risk trade!!
targets: target 1 - 83.500
target 2 - 81.650
Gold could potentially move higher before dropping down. Potential longs up to 1900-1910 zone and sells from there. Minor tf's bullish channel targeting daily TL.
sell targets: tp1: 1800
buy idea update
DOT reached marked TP1 at 23$ and it seems its loading for next run upside. Break above 23$ would confirm buy continuation with short term target at 28$ which is around 22% growth.
long term target remains the same, 60$
Dot price finally broke that long downtrend line and there is good chance for i to go up. Looking for potential pullbacks to 19.50 for buy entry.
short term targets: 23$ and 33.50$
final target: 60$
NAS100 buy analysis
nas100 price is still in daily downtrend channel. looking for daily close(break) above 14k for buys. Once it closes above we could look for long term buys back to ath or new highs potentially.
targets: target1 16700
S&P buy idea
Potential buy entry on S&P from 4435 price level to continue upside back to highs. Price seems to be creating new uptrend channel and currently in retracement move.
buy entry: 4435