Divergence
Gold Monthly Divergence at Equal HighsWhat is the probability of this market going down? I would say much higher than going up for the months to come.
Monthly divergence at equal highs with MACD remaining below the zero line is a very strong reversal pattern especially on the higher timeframes as the monthly chart.
I am not saying it is the same as the pattern 10 years ago but it is quite similar and I am anticipating this one to move lower in the months to come.
ES could catch a bounceA few factors in this trade:
✅ Friday showed a nice bounce off the 3853 support level
✅ Bullish divergence on the MACD and RSI daily charts demonstrating seller exhaustion
✅ Wonky inverse head and shoulders and descending triangle could play out.
Two price targets on this one with a defined stop at 3842 (giving that 3853 level some room to breathe). Hoping we can get up to fill the Weekly gap on the futures charts, create another lower high, and continue with the macro downtrend.
$AAPL beautiful swing call setup with low riskThis might be one of the best long trade setups out there right now. I will post my analysis this evening; I hope in the meantime you can study the chart to see some indicator clues for yourself.
*** Strong bullish view is valid only if XBI closes over 86, AAPL closes over 152.60 (ideally 153), and SPX closes over 3915 (ideally 3930). Yes, I want all 3 conditions to be met.
TWLO - Bottom could be in (don't shoot me if wrong)TWLO has established a strong support zone around 62 - 68 as can be seen on the weekly chart.
Weekly bullish divergence in it's RSI can be seen since June while the stock was meandering lower, eventually hitting into the long term support zone and we finally saw a good bounce off this zone on strong volume yesterday.
There is a good chance that this zone will continue to act as the support (though never say never!). Those buying near this support could place a stop loss slightly below this zone. However there is a chance the stock could be choppy for a while and we might not see real momentum until it can trade a fair bit higher.
Hence a more "conservative" trader would probably prefer to wait till it garners enough momentum to at least break above the near term neckline resistence before going long (by then we have the 20 MA firmly crossing above the 50MA).
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
Future interest payments will skyrocketThis shows expected interest payments as a moving average divergence around current interest payments which acts as a moving average that is delayed by one to two years. Anyways, the current "future" interest payments as calculated by the US05Y yield have never had a larger divergence from current payments. It is expected that in one to two years, US interest payments on the national debt will be more than 30% of tax receipts (see FRED:A091RC1Q027SBEA/FRED:W006RC1Q027SBEA)
RVNUSDT Analyze (ETH Merge soon Launching)!!! 🧐
I think something special is happening here to Ravencoin (RVN) , but please don't get FOMO.
Of course, the good news for RVN is that there is the launch of the Merge tomorrow 2022-09-15 at 6:00 UTC in approx 13 hours frome now. But as it has been hyped since weeks now ETH could crash after the launch. RVN will be one of the only coins profitable for GPU mining so people are expecting a rise to happen here. We should expect at least a correction after the strong upward trend that it had in the previous hours.
RVN Analyze ( RVNUSDT ), Timeframe 15m ⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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US oil (LONG) Hello traders
in today session i buy USOIL
But when the top of the small correction is broken, the stop loss is placed at the entry point because there will be a divergence on the MACD indicator, the first target is the top of the big correction, the second target is the level of 1.618, so the stop loss is below the range on a 5-minute frame