In this update we review the recent price action in the DAX futures contract and identify the next high probability trading opportunity and price objectives to target
Type: Bearish Momentum
Resistance: 7.475
Pivot: 6.900
Support: 6.310
Preferred Case: The H4 price is in a slightly descending trend with prices trading below the ichimoku . The price may drop form the pivot at 6.900 to the support at 6.310 where the 78.6% retracement and swing low sits
Alternative scenario: If there is a price reversal, it might test the 1st...
Title: Soybean Meal Futures ( ZM1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance:418.0
Pivot: 392.0
Support: 404.7
Preferred case: Looking at the H4 chart, the current overall bias for ZM1! is bearish . To add confluence to this bias, the price is currently under the Ichimoku cloud which indicates a bearish market. However overnight,...
In this update we review the recent price action in the Crude Oil futures contract and identify the next high probability trading opportunity and price objectives to target
In this update we review the recent price action in the emini S&P500 futures contract and identify the next high probability trading opportunity and price objectives to target
In this update we review the recent price action in the USDCAD and identify the next high probability trading opportunity and price objectives to target
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 680.50
Pivot: 661. 40
Support: 669.50
Preferred Case: Corn fell below the first resistance level at 680.50, where the 50% and 38.2% Fibonacci lines are placed. If the bearish trend continues, price could reach the first support level at 669.4, which is nearby the...
Type: Bearish Momentum
Resistance: 627.2
Pivot: 580.7
Support: 424.6
Preferred Case: The H4 price is in a downward trend. The price may drop form the pivot at 580.7, which is in line with the 23.6% fibonacci retracement to the 1st support at 424.6, where the swing and target price of shoulder head pattern is.
Alternative scenario: If the bullish momentum...
In this update we review the recent price action in the Dollar Index and identify the next high probability trade locations and price objectives to target
In this update we review the recent price action in the AUDJPY and identify the next high probability trading opportunity and price objectives to target
Type: Bearish Momentum
Resistance: 3.7160
Pivot: 3.4495
Support: 3.2505
Preferred Case: The H4 price is in a downward trend. The price may drop form the pivot at 3.4495, where the 38.2% fibonacci retracement is to the 1st support at 3.2505 where the swing low sits
Alternative scenario: If there is a price reversal, price will move to 3.7160, where the swing...
Type: Bullish Momentum
Resistance: 7.520
Pivot: 6.900
Support: 6.310
Preferred Case: The H4 price is in a slightly ascending trend. The price may rise form the pivot at 6.900 to the 1st resistance 7.520, where the 38.2% Fibonacci and 78.6% projection.
Alternative scenario: If there is a price reversal, price will move to 6.310 where the 78.6% retracement and...
Title: Corn Futures ( ZC1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 698.00
Pivot: 661. 40
Support: 661.50
Preferred Case: Corn has been rising since September 28, 2022. The price is above the ichimoku cloud , adding to the bullish market bias. Price is currently consolidating along the 50% and 38.2% Fibonacci lines, which mark the...
