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Detrendingpriceoscillator

$NVDA Extreme Peak PatternYesterday's Top Gainer for the NASDAQ has found support at a precise technical level. This is usually technical professional traders. There could also be a few Dark Pools in the mix. DPO Cycle Chart: The Detrending Price Oscillator I use to show the long-term cycle of a stock shows an Extreme Peak which needs to pattern out with the stock shifting sideways for a while. The Extreme Peak is not necessarily an exhaustion of trend pattern. Between 2007 and 2020, NASDAQ:AAPL had 4 Extreme peaks, corrected and resumed the uptrend between each peak. Troughs were shallow during those years. NASDAQ:NVDA needs to shift into a platform or other sideways trend to pattern out the Extreme Upward Cycle Peak. Otherwise, at some point, the over-speculated price will become a correction on the short-term or intermediate-term trend. This means that NVDA can move higher for a while BUT this is not an ideal long-term entry level until it patterns out that extreme peak.
NASDAQ:NVDA
by MarthaStokesCMT-TechniTrader
#BTC #DXY Confirming Negative Correlation#BTCUSD is showing signs of a potential bull run. However has wall st. sunk its fangs into BTC enough to control it and tame it into a digital commodity? Commodities tend to hold a negative correlation to the dollar value. The DXY is at a major accumulation zone testing a horizontal support level. Watch the DXY closely over the next few days or weeks. If the DXY manages to hold support level and rebound into new up trend, will it mean BTC is just setting up for a bull trap that will continue to dump till DXY finally finds an end to its bull rally? Something to keep an eye on! Hope this helps my followers I'm neutral here. Yet, I don't like the bear divergence forming on BTC and bull divergence forming on DXY.
BITSTAMP:BTCUSD
by Craig_Claussen
Global SPY at Major Battle ZoneTons of fundamentals will be pouring in for the next few days. Feel free to review them at dailyfx calender. 4H chart showing there is bullish divergence building on some of tradingviews free to use indicators. But there is now bear divergence building as well. This pinches the price into symmetrical wedge. Fundamentals will most likely dictate the move. Sad part is that there are literally 4-5 days of back to back high rated fundamentals to decide. I'm neutral here. And will patiently wait for a confirmation. Good luck and hope you find the right side as early as possible!
OANDA:SPX500USD
by Craig_Claussen
2H #DXY Long - Detrended Price Oscillator AnalysisExcellent entry point here for the Dollar Index, because we can place a tight stop loss. If the DPO crosses under 0, close your position. Bull divergence is forming on the DPO here. See chart for Take Profits Note that this will affect all trade pairs that have negative correlation to dollar. Creating a bearish DOW, SP500, NASDAQ, GOLD, EURUSD, BTC, etc, etc. Good luck. It's not about being right or wrong it's about finding the best time to hunt and HOPE for a kill.
TVC:DXYLong
by Craig_Claussen
#BTCUSD Weekly Detrended Price Oscillator Analysis I'm neutral here! Bulls need to push through here or face a fall back to 9000!!! The Detrended Price Oscillator is showing major battle zone ahead. The Detrended Price Oscillator is a free to use indicator on Tradingview.com This is the weekly chart. Plenty of time to get in after confirmation! We are hunters. We are not killers. We hunt. We find the best time to hunt and hope for a kill. Good luck brothers and sisters, no matter which way you choose.
COINBASE:BTCUSD
by Craig_Claussen