Type : Bullish continuation
Resistance : 1921.4
Pivot: 1890.8
Support : 1877.7
Preferred case: Prices are on bullish momentum and abiding to our ascending trendline support. We see the potential for a bounce from our Pivot at 1890.8 in line with 50 Fibonacci retracement and 100% Fibonacci retracement towards our 1st resistance at 1921.4 in line with 61.8%...
On the H4, with price currently moving within the ichimoku cloud , we have a bias that price will drop to our support at 13133 in line with the 100% Fibonacci projection from our pivot at 14379 in line with the 78.6% Fibonacci retracement and horizontal overlap resistance. Alternatively, price may break pivot and head for 1st resistance at 14619 in line with the...
On the H4, with price approaching the resistance of the RSI indicator, we have a bias that price will drop to our support at 152'01 in line with the horizontal swing low support from our pivot at 154'10 in line with the 78.6% Fibonacci retracement and horizontal overlap resistance. Alternatively, price may break pivot and head for 1st resistance at 156'06 in line...
On the H4, we can see that price is moving along the descending channel . This is signifying bearish momentum. We are expecting price to fall from pivot at 13986.75 which is in line with our 61.8% fibonacci retracement and horizontal swing high resistance to 1st support at 13133.25 in line with 78.6% fibonacci projection and along with horizontal swing low...
Title: 10 Year T-Note Futures ( ZB1! ) , H4 potential for bounce
Type: Bullish bounce
Resistance : 154'10
Pivot: 152'09
Support : 151'08
Preferred case: Price has recently bounce from pivot level of 152'09 in line with 61.8% Fibonacci retracement and 100% Fibonacci projection . Price can potentially go to resistance level of 154'10 in line with 78.6% Fibonacci...
Type : Bullish continuation
Resistance : 1975.3
Pivot: 1904.1
Support : 1890.5
Preferred case: Prices are on bullish momentum and abiding to our ascending trendline support. We see the potential for a bounce from our Pivot at 1904.9 in line with 23.6% Fibonacci retracement and 38.2% Fibonacci retracement towards our 1st support at 1975.3 in line with 100%...
In this update we review the recent price action in the Nasdaq and identify the next high probability trading opportunity and price objectives to target.
In this update we review the recent price action in the Dow (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 SP500 and identify the next high probability trading opportunity and price objectives to target.
