DATA
JAR $0.0044 Hello World an undervalued chat bot ai assistance and Big Data operator in the Web3 generation of Machines and Autonomy
for now only few are invested
and float is regulated
while price action is setup for big updates event to impress and accommodate interested FUND MANAGERS
DATA cup and handle on the Daily Time FrameDATA on Kucoin - this is the Daily time frame
cup and handle
with targets on chart
💥 Market Cap of 28.8M
👉 Remember low market caps are easy to move and
recommended to have multiple targets ( depending on the
amount you put in )
This is for ENTERTAINMENT purpose Only.
Not Financial Advise
Always DYOR ( do your own research )
DATA LOOKS BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the DATA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BluetonaFX - Forex Weekly RecapHi Traders!
Forex Weekly Recap for 21–25 August, 2023:
Fundamentals
The Federal Reserve's Harker noted that they probably have done enough on interest rates and can hold steady into the next year. Other key mentions from him were:
The low-income consumer is clearly slowing down.
Consumer credit card delinquencies are starting to tick up.
Student loans won't have a big economic effect, but they will have a psychological effect.
I want to see softening in the labour market, notably in the services sector.
At this point, he sees the Fed holding steady this year while next year is data-driven.
They need to see inflation fall before they are willing to cut rates.
The European Central Bank's (ECB) Centeno called for caution at the next meeting as downside risks to the economy have materialised. Other key mentions from him were:
The transmission of policy is up and running.
The ECB has been data-dependent in its decisions.
Plenty of data is still to come ahead of the September decision.
Downside risks to the economy have materialised.
Federal Reserve Chair Powell delivered his speech at the Jackson Hole Symposium, which for the most part repeated the same as his previous speech in that the Fed is data-dependent and all options are on the table. There’s a particular focus on the labour market, and it looks like the Fed is no longer targeting inflation but the labour market. Other key mentions from him were:
They are prepared to raise rates further if appropriate and will proceed carefully.
The Fed will proceed carefully when deciding whether to hike again or hold steady.
The Fed is attentive to signs that the economy is not cooling as expected.
Economic uncertainty calls for 'agile' monetary policymaking.
Inflation remains too high.
Two months of good data are only the beginning of what they need to see to build confidence in the inflation path.
Policy is restrictive, but the Fed can't be certain what the neutral rate level is.
They will not change their 2% inflation target.
Lowering inflation is also likely to require softer labour markets.
Signs that the job market is not cooling could also warrant more Fed action.
Key Data
New Zealand retail sales came in mixed across the board:
Retail sales Q/Q came in at -1.0% vs. -2.6% expected and -1.4% prior.
Retail sales Y/Y came in worse at -3.5% vs. 3.1% expected and -4.1% prior.
Wednesday was Global PMI Day, where there were a lot of missed expectations, especially on the services side:
Australia's manufacturing PMI came in worse at 49.4 vs. 49.6 expected and 49.6 prior.
Australia Services PMI came in worse at 46.7 vs. 47.9 expected and 47.9 prior.
Japan's manufacturing PMI came in better at 49.7 vs. 49.5 expected and 49.6 prior.
Japan Services PMI came in better at 54.3 vs. 53.9 expected and 53.8 prior.
France's manufacturing PMI came in better at 46.4 vs. 45.0 expected and 45.1 prior.
France Services PMI came in worse at 46.7 vs. 47.5 expected and 47.1 prior.
Germany's manufacturing PMI came in better at 39.1 vs. 38.7 expected and 38.8 prior.
Germany's services PMI came in worse at 47.3 vs. 51.5 expected and 52.3 prior.
The Eurozone Manufacturing PMI came in better at 43.7 vs. 42.6 expected and 42.7 prior.
The Eurozone Services PMI came in worse at 48.3 vs. 50.5 expected and 50.9 prior.
The UK manufacturing PMI came in worse at 42.5 vs. 45.0 expected and 45.3 prior.
UK Services PMI came in worse at 48.7 vs. 51.0 expected and 51.5 prior.
US Manufacturing PMI came in worse at 47.0 vs. 49.3 expected and 49.0 prior.
US Services PMI came in worse at 51.0 vs. 52.3 expected and 52.3 prior.
Canada's retail sales were mixed, with core retail sales coming in worse and retail sales coming in better:
Core Retail Sales M/M came in worse at -0.8% vs. 0.3 expected and -0.3% prior.
Retail sales M/M came in better at 0.1% vs. 0.0% expected and 0.1% prior.
The US jobless claims came in better across the board:
Initial claims came in better at 230K vs. 240K expected and 240K prior (revised from 239K).
Continuing claims came in better at 1702K vs. 1708K expected and 1711K prior (revised from 1716K).
Technicals
It was a mixed week for the US dollar, with some strength and weakness against its major counterparts.
AUDUSD 1W Chart
AUDUSD has rebounded off its new 2023 low at 0.63646 but is still nearing its 2022 low at 0.61702. The symmetrical triangle on the 1W chart was broken to the downside, and if the 2022 low of 0.61702 is also broken, then the long-term target level will be the psychological level of 0.60000.
USDJPY 1W Chart
A strong end to the week for USDJPY as the pair tested the 145.073 resistance level for a second week in a row. A break in this area, and we have a resistance level of 147.572.
EURUSD 1W Chart
EURUSD has reached the bottom support line of the rising wedge. We are looking for swings with less momentum and for them to have lower highs and lower lows to show signs of possible reversal and break the wedge to the downside.
GBPUSD 1W Chart
GBPUSD's potential head and shoulders pattern has formed on the 1W chart; the head and left shoulder have been formed, and the right shoulder has now formed. The market has now broken below the 20 EMA support. The 1.26800 support has not had a close under it for 2 months, so for the potential reversal to occur, there must be a break and close under 1.26800. A close of this week's candle will give us a bearish outlook.
The key focus for the upcoming trading week will be:
Monday: Australian Retail Sales
Tuesday: Japan's Unemployment Rate, US Job Openings
Wednesday: US Non-Farm ADP
Thursday: Japan Retail Sales, Eurozone CPI, Eurozone Unemployment Rate, US Jobless Claims
Friday: US Non-Farm Payroll, US ISM Manufacturing PMI.
We will be back with another Forex Weekly Recap report next week.
Best of luck for the upcoming trading week ahead. Trade safely and responsibly.
BluetonaFX
DATA/BTC - DATA: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the MIL:DATA / MIL:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00000086 | 0.00000089 | 0.00000096, and the major support zones can be found at 0.00000079 | 0.00000075 | 0.00000068. Consider entering at the current price zone of 0.00000088 and targeting higher levels.
◰◲ General info :
▣ Name: DATA
▣ Rank: None
▣ Exchanges: Binance, Kucoin, Hitbtc
▣ Category/Sector: Media and Entertainment - Advertising
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000088 ₿
▣ 24HVol: 1.862 ₿
▣ 24H Chng: 3.529%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: -85.76%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000086 | 0.00000089 | 0.00000096
◢ Support: 0.00000079 | 0.00000075 | 0.00000068
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: N/A
▣ Last 90D: -2.52
▣ Last 1-Y: -0.68
▣ Last 3-Y: 0.02
◲◰ Volatility :
▣ Last 30D: N/A
▣ Last 90D: 3.15
▣ Last 1-Y: 2.08
▣ Last 3-Y: 1.95
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.44 - Bearish
▣ Reddit sentiment score is 0.52 - Bullish
▣ In-depth DATABTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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DATA (Streamr DATAcoin) Token Analysis 13/04/2021Fundamentals:
Streamr is a distributed open-source project, crowdfunded in 2017. The project's goal is to build the decentralized infrastructure for real-time data, replacing centralized message brokers with a global peer-to-peer network. By relying on cryptography instead of trust, the open-source network aims to enable data sharing and monetization in IoT and smart cities, business consortia, individual crowd selling through Data Unions and the decentralized web (Web 3.0).
The Streamr tech stack includes a pub/sub messaging network, data marketplace to trade and crowdsell real-time data, and a real-time data toolkit.
The live Streamr price today is $0.207965 USD with a 24-hour trading volume of $24,721,262 USD. Streamr is down 3.88% in the last 24 hours. The current CoinMarketCap ranking is #301, with a live market cap of $180,773,471 USD. It has a circulating supply of 869,250,679 DATA coins and the max. supply is not available.
The top exchanges for trading in Streamr are currently Binance, BiONE, HitBTC, BKEX, and Bitfinex.
Technical Analysis:
The Token has done its initialization and Accumulation phase followed by an impulsive wave.
currently the price is at the retracement phase after a distribution at the 61.8% or the Golden zone of the Fibonacci Retracement
There exist a strong support area at 0.125USD
There are total of 3 Targets Defined by Fibonacci Projection where as the 2 TP is confirmed and 3 TP gets its confirmation after the 2 Target achievement followed by some retracement and price correction.
ocean retest and long targetsim looking to retest off the 0.382 fib which is also the bottom trendline @ 0.387 then target of 0.44cents
Bitcoin Price Action and Data Analysis: A Trading OverviewIn the realm of Bitcoin (BTC) trading, it is vital to pay close attention to both price action and data analysis in order to formulate effective strategies. Here's a brief overview of some key elements I have noticed in recent trading patterns.
Firstly, concerning BTC price action analysis, a notable event is the sweeping of the monthly high. This means that BTC's price has not only touched but exceeded the highest point it has reached within this month. While this can be a bullish indicator, it's also worth noting that there's a monthly level resistance, another critical factor to consider. Monthly resistance is a level where sellers tend to enter the market in larger numbers, pushing the price down.
With just 24 hours left until the U.S. stock market opens on Monday, it would be wise to take a pause. Rather than rushing into a decision, I will wait until Tuesday, after the formation of Monday's high and low points. This way, I can devise subsequent strategies based on more concrete data.
Switching focus to BTC data analysis, several observations are worth discussing. To begin with, early positioning at the bottom has been squared off. This essentially means that traders who had opened positions expecting the price to drop further have now closed their positions.
Moreover, Cumulative Volume Delta (CVD), a technical indicator used to show the difference between the Buy and Sell volume, has not been able to keep up with the recent local highs. This could potentially signal a lack of buying pressure in the market. (Check in updated ideas)
A slight increase in the long-short ratio is observed, indicating a modest growth in the number of long positions compared to short ones. However, it's crucial to acknowledge the multiple large-scale short squeezes that have happened, where the price of BTC rises sharply forcing short sellers to close their positions.
These factors, coupled with recent market conditions, are fostering a bias towards the bearish side. However, it's crucial to remember that market sentiment can quickly shift. While these factors can guide strategic decisions, they should not be the sole basis for making trades. Always conduct thorough research and maintain a comprehensive understanding of the market's volatility.
DATA: The Current Landscape and Future PerspectivesIn this analysis, we focus on the cryptocurrency DATA. We are examining a chart with a one-hour timeframe, where the 0 level of the Fibonacci retracement tool indicates 0.02732, the half level shows 0.02448, and the first level reports at 0.02164.
At this point, the Relative Strength Index (RSI) stands at 60, indicating that the coin is nearing overbought territory. The Volume Oscillator is at -16, suggesting that there is a bearish divergence in volume. The Stochastic Oscillator reads 39, reflecting potential for an upward price movement. Meanwhile, the Moving Average Convergence Divergence (MACD) indicates 0.00067, a positive value that might suggest upward momentum.
The current market price of DATA stands at 0.02326. In the last 24 hours, the coin has seen a change of approximately 10 to 11%. Examining the chart, we see that the lowest price, reached around June 15th, was 0.02079, while the highest price, attained just a few hours ago, stood at 0.02732. This suggests a high level of volatility.
The Exponential Moving Average (EMA) with a length of 50 is currently at 0.02259. This, being below the current market price, suggests a recent upward price movement.
The price of DATA has been fluctuating rapidly, reaching high points that hint at potential resistance levels and low points that could become significant support levels. For now, it appears that the coin might be gearing up for a potential upward movement, though one must always be prepared for the unexpected turns that are common in the crypto market. Keep an eye on the technical indicators and the market news to make informed trading decisions.
Datatec showing strong upside after breakout of C&H to R49.21Cup and Handle has formed on Datatec after a couple of months.
Since the price drop, it's been creeping up closing the gap ever so discreetly.
We can even say it's created some type of upward channel.
Either way it's looking bullish and other indicators confirm...
7>21>200
RSI>50
Target R49.21
ABOUT THE COMPANY
Datatec Limited is an international ICT solutions and services group operating in more than 50 countries across North America, Latin America, Europe, Africa, Middle East, and Asia-Pacific
"Datatec" is likely a compound of two words: "data" and "technology" (shortened to "tec")
Founding: Datatec was founded in 1986 by Jens Montanana in Johannesburg, South Africa.
Public Listing: The company was listed on the Johannesburg Stock Exchange (JSE) in 1994. It's also listed on the Alternative Investment Market (AIM) of the London Stock Exchange.
Global Reach: Datatec operates globally through three main divisions: Westcon International, Logicalis, and Analysys Mason.
Westcon International: This division is a technology distributor, specializing in security, collaboration, networking, and data center solutions.
Logicalis: Logicalis is an international IT solutions and managed services provider with a breadth of knowledge and expertise in communications and collaboration; data center and cloud services; and managed services.
Analysys Mason: This division provides specialist consulting and research services to telecoms, media, and technology industries worldwide.
ocean retestocean is set up to bounce of the trendline for a retest and regain of strength if the bounce is confirmed long position i will update with targets
FXB downside after U.K. inflationAs a young trader (21 years old), I see my trading style as more of an art than a science. I don't understand patterns, and I don't use technical analysis. I am a macro trader. I take information from various sources (WSJ, Twitter, Investing.com, Trading Economics, ect.), and my instincts kick in. I understand where assets should be moving on data releases.
The U.K. pound has been on a monster rally in the past month and change. Expectations for the U.S. Federal Reserve to pause rates, with some saying cuts later into the year, has simmered the red hot U.S. dollar. The Bank of England on the other hand, is expected to continue hiking rates in the midst of the highest inflation in recent memory. When yields rise on the U.K. Gilt, that makes their debt more attractive to foreign investors, making their currency appreciate against the greenback.
This past Wednesday morning, at 1:00AM (CST), U.K. inflation came in hotter than consensus estimates (8.7% actual versus 8.2% consensus), as did core inflation (6.8% actual versus 6.2% consensus). I would have expected the pound to appreciate against other currencies as their currency becomes more valuable as Gilt yields rise. The opposite happened, FXB has now fallen two consecutive days. I was building up my short position against the pound, but we must remember U.S. data sets can affect currencies across the globe. I exited my FXB position before the open today with the intention of hopping back in after said release.
Tomorrow (5/26), before the bell, we have U.K. retail sales MoM, U.S. durable goods orders MoM, core PCE prices MoM, personal spending MoM, and personal income MoM. There's no telling where any of this data will land us, especially the U.S. data, and that is why I closed out of my position today.
As far as I can see, we have no upcoming U.K data that would affect the pound. That is why I'm confident in this trade. The market will have time to digest what has transpired, and my hope is that it will come to the same conclusion that I have.
I have full intentions of getting back into my trade after this data is priced back into the stock. The most important lesson I've learned in my very young trading career is protecting your capital and letting the trades come to you, don't look for them, they will find you ;)
fyi - this is my first writing and any feedback is appreciated! Thanks
Gold fell to $1955 after Fed MintuesFed Minutes at midnight on Thursday and Fed member's speech deliver a hawkish stance. This hawkish stance may be considering raising interest rates or tightening monetary policy with other tools this next half year to pressure the high inflation and cool down the inflation down to a target rate of 2%. This can lead to a stronger US dollar and higher yields on US Treasury bonds continuously, making gold less attractive as a store of value and investment option.
On Thursday European trading session, the gold failed to break out $1,985 and went down to continue its downtrend, testing the May 23 lowest price of $1,955. Suppose the gold price breakout $1955; the next target would be $1,948 and $1,944 (Red zone). However, the US dollar and the US Treasury yield could soften if the US GDP and PCE data are lower than expected on Friday, and gold price would rebound. Therefore, the resistance may target $1,969 and $1973 in the short run (Blue zone).
CrudeOil is all set to break it's RESISTANCE!Crude oil is all set to giving a breakout on long side! you can expect data ( Tomorrow's Inventory ) to support this possible breakout!
yes! you can consider a BUY on WTIcrude oil STRICTLY above 73.75 Region with the SL of 71.25 for the target of 77.75!!!
Alternative scenario : If crude is not giving breakout on upper side, you can go for sell below 71.75 with the sl of 73.75 for the target of 68/66!!!
Disclaimer : Consider this post for educational purpose only. Always do your own analysis or consult with Financial adviser before taking any investment decision. We are not responsible for any profit or LOSS. Trading in derrived products with the leverage always carry high risk. Always Invest an amount which you can afford to loose.
OCEAN Protocol a future bridge between blockchain and A.I OCEAN Protocol: A Comprehensive Overview
OCEAN Protocol is a unique decentralized protocol that enables the sharing, discovery, and monetization of data. It offers a platform that facilitates the exchange of data in a secure and privacy-preserving manner. The protocol allows data to remain on-premise, yet enables third parties to run specific compute jobs on the data to get useful results, such as building an AI model or performing statistical analyses12.
One of the significant advantages of the OCEAN Protocol is its ability to integrate with blockchain technology, which enhances the security and transparency of data transactions. The protocol supports the creation of data marketplaces, where users can publish and purchase data. Data is published as interoperable ERC721 data NFTs and ERC20 datatokens, and Compute-to-Data enables private data to be bo ught and sold on a decentralized exchange designed specifically for data3.
The protocol has also implemented fine-grained permissions using role-based access control, primarily handled by datatokens. This allows users to specify and manage access to resources in a more precise way, catering to the needs of enterprises and other users who require advanced access control solutions4.
OCEAN Protocol was recognized as a Technology Pioneer by the World Economic Forum, and it has been featured in numerous renowned publications such as The New York Times, BBC Capital, Forbes, Wired, HBR, and MIT Tech Review5.
The Team Behind OCEAN Protocol
Trent McConaghy and Bruce Pon are among the key figures in the OCEAN Protocol team. Trent McConaghy focuses on AI, data, and Web3 within the context of the protocol6. On the other hand, Bruce Pon, who is a founder and board member at OCEAN Protocol and the CEO at BigchainDB, has a rich background in building bank and industry startups in Europe, Asia, and the Americas. He has worked with companies such as Mercedes-Benz, Volkswagen, Mitsubishi Corporation, Accenture, and DuPont789.
OCEAN Protocol's Market Position
As of the latest update, OCEAN Protocol ranks #211 in terms of market capitalization, which stands at approximately $141,673,767. The circulating supply is 434,026,836 OCEAN out of a maximum supply of 1,410,000,000 OCEAN101112. The highest price recorded for OCEAN was $1.93 on Apr 10, 2021, and the lowest was $0.012848322542 on Aug 11, 20191314.
The current market performance shows a slight decrease, with a -3.00% price decline in the last week. However, the community sentiment remains largely bullish, with more than 81% of users feeling positive about OCEAN Protocol1516.
The comprehensive comparison of OCEAN Protocol with other AI-focused tokens in terms of market capitalization is yet to be completed. This comparison is critical to understand OCEAN's standing in the AI field and its potential for future growth.
Please note that this research is intended to assist you in your own due diligence (DYOR). As the cryptocurrency market is subject to high volatility, it's important to conduct thorough research and consider multiple factors before making any investment decisions.
Notes on how I personally use my charts/NFA:
Each level L1-L3 and TP1-TP3 (Or S1-S3) has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information.
Cot Report Chatgpt is broken Here are the net short positions held by the commercials in Bitcoin futures markets for the given period:
April 11th: Net short position of 969 contracts
April 18th: Net short position of 1,181 contracts
April 25th: Net short position of 1,500 contracts
May 3rd: Net short position of 1,424 contracts
During this period, the net short positions held by commercials experienced fluctuations. From April 11th to April 18th, there was an increase in net short positions, indicating a more bearish sentiment among commercial traders. However, from April 18th to April 25th, there was another increase in net short positions, indicating a further bearish sentiment.
From April 25th to May 3rd, there was a slight decrease in net short positions, suggesting a slight reduction in bearish sentiment among commercial traders.
Finally, on May 6th, the latest COT report showed that the net short positions held by large speculators increased by 500 contracts, while the net short positions held by small speculators decreased by 1,500 contracts
May 6th Net short position 1424 + 500 =1924 contracts short
Based on the COT reports from April 11th to May 3rd, the commercials (i.e., producers, merchants, processors, and users of Bitcoin) have held a net long position in Bitcoin futures.
Here are the net long and net short positions of the commercials in Bitcoin futures markets for the period between April 11th and May 3rd:
April 11th: Net long position of 799 contracts
April 18th: Net long position of 1,017 contracts
April 25th: Net long position of 1,534 contracts
May 3rd: Net long position of 1,743 contracts
Finally, on May 6th, the latest COT report showed that the net long positions held by large speculators decreased by 1,000 contracts, indicating that some institutional investors may have started to take profits or reduce their exposure to Bitcoin futures markets. However, the net long positions held by small speculators increased by 1,000 contracts, suggesting that retail traders remained optimistic about Bitcoin's future price movements.
May 6th: Net long position 1743-1000 = 743 contracts
Now TODAY Chatgpt is broken can browse is o more assistant asking me to do all the research myself, might just use google then
Unfortunately, the COT report does not provide the net long positions held by commercials. It only provides the net positions (long and short) held by three types of traders: commercial traders, non-commercial traders (large speculators), and non-reportable traders (small speculators).
The latest COT report as of May 9th, 2023, shows that commercial traders had a net short position of 1,364 contracts in Bitcoin futures markets.
Bitcoin futures on the Chicago Mercantile Exchange (CME) as of May 9th, 2023, here are the net long positions for Bitcoin and Micro Bitcoin contracts:
Bitcoin Futures:
Commercial net long position: 233 contracts
Non-commercial net long position: 10,027 contracts
Micro Bitcoin Futures:
Commercial net long position: 256 contracts
Non-commercial net long position: 5,915 contracts
Please note that these numbers represent the net long positions held by commercial and non-commercial traders as of May 9th, 2023.
S&P 500 - what's your take?What's happening?
1. -363.3K CFTC S&P 500 spec. net positions(highest in years, on October 2008 it was -365,697)
2. VIX 15.77 (52-week low)
3. DXY 101.672 (near 52week-low)
4. 10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity (T10Y3M)-1.66 (lowest ever)
5. AAII sentiment
4/26/2023
Bullish 24.1%
Neutral 37.4%
Bearish 38.5%
6. BTC = +76% YTD
7. SPX above all relevant moving averages and above AVWAP from all time high
8. Short term traders waiting for setups and market breadth improvement
Until the end of the year S&P500 will end up higher, lower, about the same?
Higher
Lower
Sideways
Feel free to add or correct data in favor of any outcome. Happy hunting.
✳️ Streamr DATAcoin 100% Trade Signal (You Deserve The Best!)This is another chart that looks good with signals coming from it pointing to a sudden, "out of nowhere" price jump.
Below the full numbers to your benefit and advantage.
Use them wisely...
=====
ENTRY: 0.00000130 - 0.00000150
TP1: 0.00000168
TP2: 0.00000191
TP3: 0.00000222
TP4: 0.00000260
TP5: 0.00000295
TP6: 0.00000333
STOP: Close weekly below 0.00000120
=====
This is not financial advice.
I am sharing my opinions, views and perspective of the charts.
Translating the charts for you.
Market conditions can always change.
Make sure to do your own research.
Wishing you tons of wealth, success and health.
You are good just as you are...
Accept that life has its challenges...
Learn and grow from your mistakes.
Regardless of what happens now or in the future, you will always deserve the best.
Namaste.
RNDR daily closeWhen render closes today above 1.40 i believe we have a range to 1.56 to trade in with 1.40 as support after we confirm the inside of the box as support 1.56 and above then i think we will be secure to push for new local highs