Whales In The Market, Could Break 50K ?Weekly Time-frame
We confirmed breakout candle in weekly time-frame for double bottom and downward slope resistance. We can expect more to the upside for this week. Awesome Oscillator is bullish also. Ichimoku cloud Senkou span a is about to be broken as resistance. If We break it we can expect more to the upside. If we get rejected in the supply area we can start having a correction.
1D Time-frame
We are currently in the High Volume Node in VPVR which is a strong trading area. We might go sideways in this area or if we break it then we can have a rocket pump to the upside. We need to turn this supply area into a base and continue pump to the upside. Awesome Oscillator is also bullish. RSI is not overbought yet in 1D TF. If we don't hold this as a base then it will end up as flip zone. Where you can expect a drop from this area.
4H Time-frame
4H time-frame Bullish Saucer. We can expect more to the upside. Greed and Fear index for crypto is now #60 which is greed. We might stay here for a long time now or this might be a good time to short.
We have strong volume to the upside so we can expect institutional money entered the. market. we can enter in the retest of the zone.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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BIDEN
Best time to SELL USDJPY! Overbought on ALL TIMEFRAMES!Man if you are just going to look on each timeframe, Weekly, Daily, 4 Hours, 1 Hour, it is too much and I believe that every markets have correction. I think in this case, I can make around 50-60 pips then just wait for the best entry to buy again. Trade at your own risk. I am just risking 1% of my money here.
GBPUSD going down, look for better price to sell. Do not buy. Obviously just by looking the Daily Chart, the trend is Bearish, no point to buy at the pair that will go down. Stop being that kind of trader who always tries to make money in the market. Pick your battles, only risk what is afforded to be risked and do the proper risk management. And I see you guys next time.
Cryptocurrency Regulation: Bullish or Bearish?Is regulation bullish or bearish for cryptocurrency? Some think regulation will increase mainstream adoption and lead to more institutional involvement which will drive up the price. But does regulation erode the fundamental principles and intrinsic value of cryptocurrency as a decentralized medium of exchange?
#SPX500USD Possible ScenariosAs the whole world is in fear these days we need to be very careful with our trading
Despite the fact that Ukraine and Russia still have active conflicts between them, we saw American stocks and indexes move higher.
The only reason is that BIDEN does not want to actually get involved and this raises optimism in the US.
Yet the conflict is still present and its getting worse day by day. So i am not too optimistic for the bulls to bounce back soon. However Stock Market is dependent on BIDEN.
Stay safe.
GBPUSD Heads Towards the Last Swing LowThe GBPUSD is headed towards the previous swing low at 1.31900. The dollar is gaining additional bullish momentum following Joe Biden's State of the Union speech yesterday.
This is confirmed by the fact that the price action, following a temporary consolidation, was able to break down below the 61.8% Fibonacci retracement level at 1.33874 decisively.
Before the downtrend can continue heading further down south, a temporary pullback to the 61.8% Fibonacci may take place first.
SPY StraddleOn the short term this looks like a textbook bull pennant
Long term however it's a bear pennant (kind of?), But not a textbook one, that massive dip and massive rally messes with it
I expect us to make a major move up or a major move down today or tomorrow
SOTU is catalyst enough today for that imo
I'm leaning towards up. The charts are better for it and I think Ukraine news is good for US, as we covered earlier
Looking forward to your thoughts when you read this
tldr 437.33 turns into support that holds solidly we go pew up to 440, then it's a straight shot to 447
Now if it breaks to the downside, 430.39 is the support, and if that fails we tumble all the way down to 412
"gap down" as they say
Bears will do puts, Bulls will do calls, smart / safe money will do both with a straddle
$XAUUSD cup and handle forming? 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Bitcoin Fractal Outlook This edition features a weimar republic hyperinflation pump by the fed over the past two years. Centralized banking cartel! Short term micro target resistance looks like ~56k i'm sure fibs and other indicators showing similar. Macro logarithmic top target ~125-240k by eoy. potential for 100k resistance to push into next year for macro target. big even.
$YELL enlarging demand*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been following truck transportation company $YELL for the past few months. $YELL expertise's in LTL shipments and flexible supply chain solutions in the United States. My team is in agreement that $YELL is a steal due to demand for LTL transportation.
My team entered $YELL this afternoon at $10.50 per share and have set our first take profit at $14.
ENTRY: $10.50
FIRST TAKE PROFIT: $14
2ND TAKE PROFIT: $16.50
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$USOIL a return to the mean $77 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
SPY LOOKING BULLISH AGAIN? 👀What a finish on Friday! The bulls came rushing back as AAPL earnings outperformed, and Biden has a press conference at end of day. The index closed at a key resistance, in a so far, very strong wedge. It also broke it's January down trend and the 50MA. ✅
Will SPY breakout or continue its wild consolidation inside this wedge?
NEXT MAJOR RESISTANCE: 447.50
NEXT MAJOR SUPPORT: 434.0 - 435.0
SPY 15 minute (Zoomed In)
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$DXY looks ready for blood 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
Sell limit: $95.225
Take profit: $94.750
Stop loss: $95.295
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$MSEX: Drip dripUtility company Middlesex is dripping with momentum and it could still be time to start accumulating a position as the possibility the Biden administration social spending bills could take effect. Could be pretty early here so use potential pullbacks to lower your cost basis keeping risk management appropriate. Other names like AWK, FERG and CNM also on the come up..
$DXY testing key areas *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
$DXY desperately needs to close out its day candle green. If $DXY were to close red today, we believe that it will drop further until there is a support retest.
ENTRY: $96.235
STOP PROFIT LOSS: 96.280
!! This chart analysis is for reference purposes only !!
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$US30 will previous support become the new resistance?*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Looking at US30LOOKING AT US30
What i like about this set up:
• Technicals and confluences are spot on.
• Good Risk Reward Ratio
• Can easily spot the support and resistance levels.
• Awaiting PUSH ON Volume to execute the trade.
Other Fundamentals Factors:
• Ongoing economic news, Oil & New covid variant Omicron.
• Fed Reserve + Biden + INFLATION
- Either way the market makers rule follow the trend.
S&P 500 CRASH ? 53rd record close level for the S&P in 2021
The S&P and NASDAQ closed higher and at record levels again. The Dow industrial average fell modestly.
Highlights include:
S&P and NASDAQ up for the seventh day in the last eight
S&P closes at a record level for the 53rd day NASDAQ in 2021
NASDAQ index closes at a record level for the 32nd in 2021
Advances on the New York Stock Exchange total 1406. Declines total 1885. Unchanged 203
major indices are on track for monthly gains
S&P on track for the best month since April with one more day to go
The final numbers are showing:
Dow industrial average felt -55.9 points or -0.16% at 35399.90
S&P index rose 19.39 points or 0.43% at 4528.76. The new intraday high reached 4537.80.
NASDAQ index rose 136.39 points or 0.90% at 15265.89. The new intraday high reached 15288.10
Russell 2000 index fell 11.16 points or -0.49% at 2265.99
Nine of 11 S&P sectors were higher led by:
Real estate, +1.2%
Technology, +1.1%
Consumer discretionary +0.92%
Communication +0.74%
Declining sectors were led by:
Financials -1.47%
Energy -1.16%
Materials -0.17%
Industrials -0.15%
$KNX: Another leg higher for this trucker post infrastructure?KNX is setting up here with a really nice long term base, cracked the 50 level last week. Was that the level it needed to make another move higher? Time will tell. Following IYT as well and the possibility of it bottoming, if it does, we should see significantly higher prices here