Nightly $SPX / $SPY Predictions for 01.08.2025🔮
📅 Wed Jan 8
⏰ 8:15am
🧑🌾 ADP Non-Farm Employment Change: 139K (prev: 146K)
⏰ 8:30am
📊 Unemployment Claims: 214K (prev: 211K)
🎙️ FOMC Member Waller Speaks
⏰ 10:30am
🛢️ Crude Oil Inventories: -1.8M (prev: -1.2M)
⏰ 2:00pm
📜 FOMC Meeting Minutes
📈 GAP ABOVE HPZ:
Slight rally higher and then chop out.
📊 OPEN WITHIN EEZ:
A little more upside and then faced by some old-fashioned bearishness.
📉 GAP BELOW HCZ:
Everyone will eat up this drop; definitely look to position bullish here.
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
Bearish Patterns
GOLD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
GOLD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 2,592.930 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GOLD pair.
✅LIKE AND COMMENT MY IDEAS✅
Nightly $SPX / $SPY Predictions for 01.07.2025🔮
📅 Tue Jan 7
⏰ 10:00am
📈 ISM Services PMI: 53.5 (prev: 52.1)
📋 JOLTS Job Openings: 7.73M (prev: 7.74M)
💡 Market Insights:
📈 GAP ABOVE HPZ:
If we gap above here, it’s going to bait a lot of traders by a drop.
📊 OPEN WITHIN EEZ:
A little more upside and then will be faced by some old-fashioned bearishness.
📉 GAP BELOW HCZ:
Will cause a chop as people try hedging slightly but keep an upside thesis as people hedge extremely fast.
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
GBPUSD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.25600 zone, GBPUSD is trading in an downtrend and currently is in a correction phase in which it is approaching the trend at 1.25600 support and resistance area.
Trade safe, Joe.
EURUSD Potential DownsidesHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.05000 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.05000 support and resistance area.
Trade safe, Joe.
SILVER BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
We are now examining the SILVER pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 28.536 level.
✅LIKE AND COMMENT MY IDEAS✅
CAD/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
CAD/JPY is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 107.448.
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NZD/JPY BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
NZD/JPY pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 3H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 87.705 area.
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SILVER SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are targeting the 28.654 level area with our short trade on SILVER which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
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AUD/CHF BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
It makes sense for us to go short on AUD/CHF right now from the resistance line above with the target of 0.556 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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EURUSD Potential DownsidesHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.03400 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend 1.03400 support and resistance area.
Trade safe, Joe.
NIFTY SEEMS NEGATIVEHERE, I am sharing my idea on Nifty at closing of 3rd January, 2025.
There is strong SUPPLY ZONE at 24,400 TO 24,250.
Next DEMAND ZONE is at 23,800 TO 23,700.
Long term view is BEARISH
RSI WITH SMA: RSI is below 50 mark and has failed to breach 50 mark in last trading session.
RSI MOVING AVERAGE is sloping downwards since 17TH DEC, 2024.
SO, 1ST TARGET of NIFTY IS 23,800 - 23,700
Once it crosses this DEMANG ZONE, Next target WILL BE, 22,800 - 22,650.
This is simply my attempt to predict Nifty, I am not asking anyone to trade based on this idea.
#Tiausdt 20$ soon we can see BINANCE:TIAUSDT / BINANCE:TIAUSDT.P
### 1. Price Action
- The chart displays a recent downtrend that has potentially reached a local bottom.
- The price is currently trading at 5.181.
- A significant support zone is marked in green near 4.343, extending lower to around 3.722. This suggests strong buying interest in this region.
- Resistance zones are clearly identified in the chart:
- First resistance (Target 1) at 7.585.
- Historical resistance zone near 9.350, where the price previously reversed.
### 2. Trend Analysis
- The price has bounced from the support zone near 4.343, indicating a possible reversal to the upside.
- A higher low formation is expected if the price continues upward momentum, confirming the trend reversal.
### 3. Technical Levels
- Support Levels:
- Strong support near 4.343.
- Secondary support around 3.722 (lower range of the marked green zone).
- Resistance Levels:
- Immediate resistance at 7.585.
- Secondary resistance near 9.350 (previous high).
### 4. Potential Price Path
- A corrective movement to form a higher low before reaching 7.585 is anticipated based on the drawn path.
- If the price breaks and holds above 7.585, it could potentially target 9.350.
### 5. Volume Analysis
- Although volume data is not visible on this chart, observing volume increases near the support zone can confirm buying pressure.
### 6. Possible Scenarios
- Bullish Scenario:
- If the price holds above the 4.343 support and breaks above 7.585, it can target 9.350 and beyond.
- Bearish Scenario:
- If the price fails to hold 4.343, it may retest the 3.722 support.
### 7. Additional Indicators:
- MACD: Check if it shows bullish divergence near the support zone.
- RSI: Look for oversold conditions near the bottom to confirm reversal strength.
- Fibonacci Levels: Use Fibonacci retracement to align potential reversal levels.
### 8. Trading Strategy
- For Buyers:
- Enter near the 4.343 support with a stop-loss below 3.722.
- Target 1: 7.585.
- Target 2: 9.350.
- For Sellers:
- Watch for price rejection near 7.585 or 9.350 for shorting opportunities.
GOLD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
Bearish trend on GOLD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 2,576.872.
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NZD/CHF SHORT FROM RESISTANCE
Hello, Friends!
NZD-CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.502 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the NZD/CHF pair.
✅LIKE AND COMMENT MY IDEAS✅