The 3 Indices are in position to move higher. I am looking for long setups only, as my bias is bullish. My targets are the PWHs, and potentially ATHs.
My bias changes with a break below the Weekly FVGs.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in...
We’ve recently seen a strong break below support on the S&P 500. I anticipate that if we retest this support, which could turn into resistance, we might face a rejection at that level.
I’ll be closely watching price action and volume to assess the strength of this zone. Stay cautious!
I've been actively trading DELL with my private community members and I believe the company is gearing up for another positive run. Despite the news about Michael Dell selling more shares, which may have trapped some short-sellers, DELL is making strategic moves such as reducing costs, rejoining the S&P500, and aiming to capture market share from SMCI.
With this...
It's gone 12 months or so since Meta Platforms shareholders reached their breaking point in Q4'22 as the Tech giant's financial results in those times were following an increasingly questionable rebrand, from Facebook into Meta.
In October, 2022 Altimeter Capital Chairman and CEO Brad Gerstner said in an open letter to the Company that Meta has too many employees...
Palantir shares rose to a yearly high near $33 in the evening trading session on Friday, September 6, after announcement Palantir joins the S&P 500 index.
Palantir was one of the strongest contenders for inclusion in the broad market S&P500 index.
This inclusion, as well as Dell (DELL), comes after tech companies Super Micro (SMCI) and Crowdstrike (CRWD) also...
Let’s dive into the SPY analysis across multiple timeframes, looking for key insights on where the market could be headed. I’ll break it down step by step so it’s easier to follow along.
30-Minute Chart Overview:
Current Price Action: We’re sitting around $569, and what’s really interesting is that SPY has been consolidating after hitting a recent high of $570....
Two successful Tesla trading ideas, one from April and one from August.
April entry would now be around 75% up, and August entry around 30%.
Both ideas show how technical analysis can accurately time the market and generate returns.
Future resistance levels could indicate potential price consolidation.
This year, I shared two ideas about Tesla:
The...
Microsoft is in a profit-taking zone based on the Parallel Channels and Equal Weight method.
The round number of $500 could act as a psychological level, affecting future price movements.
This is not a shorting zone, but a chance to manage your position and consider taking profits if it fits your strategy.
The second time in my analysis, I want to...
This is Part 1 of the Weekly Forex Forecast SEPT 16-20th.
In this video, we will cover:
S&P500 NASDAQ DOW GOLD SILVER US & UK OIL
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do...
S&P 500 forecast: The US stock market has shown impressive resilience following the recent volatility. Investors, thrilled by the Federal Reserve’s outsized rate cut, have pushed index futures higher. However, there are mixed opinions about what lies ahead. For now, it looks the S&P 500 will finish the week at a fresh record high.
Fed’s Rate Cut and Its Impact...
It is said that the stock market looks 6 to 9 months ahead. This was probably the reason why today's decision by the Fed to cut interest rates by 0.5% did not cause a major realignment in the markets (so far).
It was a foregone conclusion that the Fed would begin to turn the tide on interest rates. However, it was unclear how big the move would be. Many...
Meta’s price is approaching a key daily resistance level. If we get a breakout above this resistance, it could signal the start of a strong upward move, with potential to target the next r level.
Key points to watch:
Breakout above the daily resistance: This could lead to a continuation of the uptrend.
If the breakout happens, the price may target the next ...
Zoom company's video-conferencing service became so ubiquitous during the Covid-19 pandemic that its corporate name became a verb describing the act of firing up a video chat to connect with coworkers online.
Zoom shares VIE:ZOOM rose seven-fold in 2020 as sales surged after millions of workers were stuck at home because of COVID-19 restrictions. By 2021,...
Gold as a value asset continues to shine brightly, having reached a new all-time high near $2,600 on Monday, September 16, marking the 30th all-time high for gold prices this year, 2024.
It is also noteworthy that the Dow Jones Industrial Average (DJI) to gold (XAUUSD) ratio is gravitating to ever lower values, while the time-tested indicator of a U.S. recession,...
Value investing is an investment strategy that involves picking stocks that appear to be trading for less than their intrinsic or book value. Value investors actively ferret out stocks they think the stock market is underestimating. They believe the market overreacts to good and bad news, resulting in stock price movements that do not correspond to a company's...
This chart compares FED rate cuts to SPX chart.
The last 3 times after the first rate cuts there was a slight upward rally of the SP500 of about 5-10%, before going on a bearish retrace of about -40%, -50% & -20%, and then bottoming out only AFTER the final rate cut.
Based on this, if history repeats, there might be a year end upward movement in the stock...
Current Resistance Level: Tesla’s stock (TSLA) is currently testing a key resistance level.
Breakout Scenario: If TSLA breaks above this resistance, it could indicate a bullish breakout, suggesting more upside potential.
Next Resistance Target: Once the breakout is confirmed, the price could aim for the next resistance level as the target.
Confirmation: Wait...
From my last analysis, the S&P 500 has fully reached my projected target. Right now, I'd like to see some sort of reaction here or slightly lower, around the 4-hour Fair Value Gap (FVG) in the 5325-5240 range. If we get that, I expect a push higher, potentially leading into the U.S. elections or even until the end of this year. However, if we don’t see that...
