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Centered Oscillators

Potential Downtrend in AlcoaAlcoa has bounced this month, but some traders could think it’s due for a pullback. The first pattern on today’s chart is the series of lower lows and lower highs since December. The aluminum company has climbed to the top of that falling channel, which may create potential resistance. Second, prices stalled at the falling 50-day moving average (SMA) in February and seem to be peaking at the same SMA this month. Speaking of the 50-day SMA, it recently had a “death cross” below the 200-day SMA. Next, stochastics are dipping from an overbought condition. Finally, the 52-week low is near $27 and last year’s low is under $25. Combined with the falling channel, those levels may provide space for potential moves to the downside. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:AA
by TradeStation
The Election Was Support. Has it Become Resistance?Last year’s presidential election was a catalyst for stocks. Today’s idea considers its potentially shifting impact on sentiment. The first pattern on today’s S&P 500 chart is the range between 5597 and 5783. Those prices are the low of November 4 and the high of November 5, the Monday and Tuesday of election week. On January 13, SPX pulled back to find support at the top of the range. That bounce seemed to reflect ongoing optimism about the coming administration. (Inauguration was exactly a week later.) The index remained above that zone through early March before sliding below it. Prices have now rebounded but appear to be stalling at the bottom of the price range. Does that show a newer anxiety about policy? Next, Wilder’s relative strength index (RSI) made lower highs from early December -- despite SPX making incrementally higher highs. That kind of bearish divergence may be consistent with a longer-term trend fading. Third, SPX is under its 200-day simple moving average (SMA). Staying here may confirm a break of its longer-term uptrend. Finally, the 50-day SMA recently crossed below 100-day SMA. Both are falling. That may also suggest prices have stopped rising. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
SP:SPX
by TradeStation
70% Upside Potential in this Nuclear StockOKLO is my personal favorite nuclear play that feeds off the AI energy. Really beat up since it's height in early February, down over 50% as of today (as are a lot of other stocks given the macroeconomic backdrop). Chris Wright, a member of its Board of Directors, was confirmed as the U.S. Secretary of Energy on February 3, 2025. As a result, Wright has stepped down from Oklo’s Board to assume this critical role in advancing the nation’s energy policies. I can see upside trade heading closer to Q4 earnings March 24. Bullish Technicals: - Rounding Bottom - RSI breaking above RSI MA - MACD: histogram trending up - Moving out of the falling wedge - Just sitting below daily PSAR OKLO's Key Focus Areas: - Microreactors – Oklo’s primary product is the Aurora microreactor, a compact and efficient reactor designed to produce power for remote areas, industrial sites, and off-grid locations. - Fast Reactors – Their reactors use a fast neutron spectrum and liquid metal coolant (like sodium) rather than water, making them more efficient and capable of reusing nuclear waste as fuel. - Fuel Recycling – Oklo aims to use recycled nuclear fuel (like spent fuel from conventional reactors), reducing nuclear waste and increasing fuel efficiency. - Long Lifespan – The Aurora reactor is designed to operate for up to 20 years without refueling, minimizing maintenance and operational costs.
NYSE:OKLOLong
by Audacity618
Stocks May Be OversoldThe S&P 500 has been falling swiftly, but it may be considered oversold. The first pattern on today’s chart is Wilder’s Relative Strength Index (RSI) in the lower study. RSI slipped below 30 for the first time since October 2023. That could make some traders think it’s due for a potential bounce. Next, the middle study includes our MA Distance custom script. It shows price dropped the furthest below its 50-day simple moving average (SMA) since October 2022. That may also suggest it’s experienced a healthy pullback. Third is July 5’s last price of 5567, which was the first weekly close in the second half of 2024. It became resistance in early August and support in two subsequent weeks. SPX held that level again yesterday, so it may be reemerging as a meaningful area. If the index manages to stabilize here and rebound, how high might the bounce go? Traders could potentially look to the price zone between January 13's low of 5773 and the March 4 low of 5733. It’s also near the 200-day SMA. Investors with a longer-term view may expect further volatility given the sharpness of the recent drop and the uncertainty caused by tariffs. That may prompt them to eye a deeper low around 5402, where SPX held in early September before breaking out to new highs. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
SP:SPX
by TradeStation
Goldman Pulls BackGoldman Sachs hit a new high two weeks ago, and some traders may see opportunities in its latest pullback. The first pattern on today’s chart is the November high around $613. The Wall Street giant is apparently stabilizing at that level. Has old resistance become new support? Second, stochastics have dipped to an oversold condition. Third, GS gapped higher after its last earnings report on January 15. That may reflect strong fundamentals. Finally, GS is trying to hold its 50-day simple moving average (SMA). The 100-day is also rising from below. Both of those patterns may be consistent with a bullish uptrend. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:GS
by TradeStation
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Nucor May Be StallingNucor has trended lower since April, and some traders may expect another push to the downside. The first pattern on today’s chart is the November 6 gap after Donald Trump was reelected U.S. President. The steelmaker failed to hold that bounce and proceeded to a new 52-week low by early January. It then rebounded and may have made a lower high. Next, prices are stalling at a low from October 2023 where NUE bounced several times in late 2024. Has old support become new resistance? Third, the 50-day simple moving average (SMA) is below the 100-day SMA. Both are under the 200-day SMA. That may be consistent with a longer-term downtrend. Finally, MACD just turned negative. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:NUE
by TradeStation
Learn more about how the Professionals Trade Stocks.This lesson is about TWAP vs VWAP order types, Indicators that reveal reversals before price moves. You will learn about Dark Pool candle patterns, Professional traders setups and how to determine with a high degree of probability what direction the stock price will take in the near term. Learning about why certain candlesticks and indicator patterns reveal who is in control of price helps you select the best stocks to trade with the high probability of excellent profits. Within every chart, there are patterns and indications that tell you what is most likely to occur in price action next for the near term. This is based on recognizing which professional market participant group has taken control of price. Also the time of day that each market participant group seizes control of price and why that happens.
NASDAQ:TEAM
by MarthaStokesCMT-TechniTrader
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