Dowjones
Liquidity Crisis may happen, Market TOPPED OUTLiquidity Crisis may happen
most of hedgefund did buying treasury bond and then treasury bond margin loan ,
so they made almost 50x leverage on bond market
times over and over now only t-bill s gonna be recognized as collateral
so t-bill market happend this method
But NFP is too strong, FED didn't do Rate Cut now
So t-bill is bubbled now, we are gonna kill it
and stock market just knew there's plenty of liquidity until today
Only when the tide goes out do you discover who's been swimming naked.
So market topped out
US30Identify which phase of the market you are currently in.
DAILY
Still in the correct phase of the bull trend. 37060, our significant support area where we believe the correction phase will start to phase out. We had an ascending wedge, which we broke and have just kept going down since then, forming bear flags on the way down.
4H
The flat flag pattern is not confirmed as we only have 2 touches on either side, with price hanging in the middle we watch and stay waiting. We have placed to trade ideas, one is the super risk entry the other is the reduced entry. The risk is triggered and we just waiting for the reduced entry to be triggered.
1H
Forming a pattern within a pattern (another bear flag) within the possible flat flag. So we can believe the trend we have concluded the bear movement.
US30 Daily Analysis - 24 April 2024CHECK OUT MY BIO....
Knowledge Required to nail
OANDA:US30USD
1, Good understanding of price Trend/directions
2, Absolute respect for Supports and Resistances
3, Knowledge of candle stick patterns
4, Discipline to use partial TP, SL
5, Discipline to wait for confirmations and only act when required
See the video for more.
Dow Jones: Analyzing Market Sentiment Amidst Powell's RemarksThe Dow Jones Industrial Average, a bellwether index reflecting market sentiment and economic outlook, experienced a notable shift in dynamics following remarks by Federal Reserve Chair Jerome Powell. After a previous push-down impulse triggered by Powell's speech yesterday, the index exhibited a remarkable recovery during the Asian session, opening the new session with bullish sentiment. Powell's indication of a "higher for longer" stance swiftly reversed the previous bearish sentiment, highlighting the market's sensitivity to central bank communications.
However, amidst the bullish momentum, the market faces a balancing act as hawkish remarks from Powell and lingering geopolitical risks offset positive developments such as robust quarterly earnings from UnitedHealth and Morgan Stanley. The juxtaposition of these factors underscores the intricacies of market dynamics, where sentiment can quickly pivot in response to changing narratives.
From a technical perspective, the Dow Jones remains in a bearish retracement phase. However, an intriguing observation emerges on the H4 timeframe, where divergence in price signals a potential shift in momentum. This divergence, coupled with the bullish sentiment observed during the Asian session, suggests that the index may be poised for growth in the near term.
In light of these developments, our strategy revolves around a scalping setup with a focus on short-term gains. We advocate for a close take profit approach, capitalizing on the current momentum while remaining cognizant of potential market fluctuations. Furthermore, we envision a longer setup, aligning with historical data indicating a statistical bias towards long positions during this part of the year, particularly in April.
US30 - Sell SignalUS30
We saw some nice rejections from this 38,000 region yesterday, hoping for the same type of play, we rejected very close to that 38,000 price. Pushing a high on the retest of just 38,030.
Still bullish for the dollar and therefore looking for US30 and US100 to pull south until sentiment changes. Order details as detailed below. Plenty more mileage beyond 37,800 if this starts to play out.
S&P500(US500):🔴Is it Bearish...?!🔴(Details on caption)By examining the ES1! 4-hour chart (S&P), we can figure out that, the market structure is bearish, so we looking for a sell position.
In that case, the price had a bearish reaction to all of the bearish Pd Array, so we can expect a bearish reaction on the balance price range (BPR).
In my perspective, sell-side liquidity is a draw on liquidity. Until this sell-side is not purging I don't think about buy position.
💡Wait for the update!
🗓️15/04/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
NASDAQ INDEX (US100): Correction Continues
After quite a long consolidation within a wide horizontal range
on a daily, US100 index violated its support.
That violation is an important sign of strength of the sellers.
It may trigger a correction lower, at least to 17500.
❤️Please, support my work with like, thank you!❤️
Three correction waves! But what kind of pattern is formed?Esteemed analysts and traders,
I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules.
As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy.
I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision.
For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea.
My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace.
I express my gratitude for your continued support and kindness, and welcome your comments and critiques.
May my analysis be a valuable asset to your business journey, and I remain sincerely yours,
Mr. Nobody
US30 Daily Analysis - 16 April 2024CHECK OUT MY BIO....
Knowledge Required to nail OANDA:US30USD
1, Good understanding of price Trend/directions
2, Absolute respect for Supports and Resistances
3, Knowledge of candle stick patterns
4, Discipline to use partial TP, SL
5, Discipline to wait for confirmations and only act when required
See the video for more.
US30 Daily Analysis - 15 April 2024FX:US30 Knowledge Required to nail these US30:
1, Good understanding of price Trend/directions
2, Absolute respect for Supports and Resistances
3, Knowledge of candle stick patterns
4, Discipline to use partial TP, SL
5, Discipline to wait for confirmations and only act when required
See the video for more.
Do you require support to make money trading forex? check my profile for more
US30 HEAD AND SHOULER??Simple trading - Head and shoulders
Us30 has broken the neck-line of the Head and shoulder pattern on the 4hr. US30 is bullish on the higher time frames so always be ready for a pullback to the upside. Looking at the daily chart to see if the price will retest previous support and turn resistance.
Due to the lack of bullish momentum on the smaller timeframes, I would NOT advise taking a buy trade to previous support as the market is making lower highs and lower lows. This clearly indicates that the bears are in control. At any moment the price could drop and you do not want to be caught in that.
Be patient and wait for the price to play out. Look to take a sell positions
in the short term at respectable levels
US30 USD meltdown (Shorts from 38400.0)My bias for US30 has turned bearish due to the recent Wyckoff distribution that unfolded on the higher time frame, validated by a change of character and a break of structure. This confirmation prompts me to seek selling opportunities to support the downward trend.
I will be targeting sells around the 20-hour supply zone, which recently triggered a Break of Structure (BOS) to the downside. Once we experience a pullback, I will seek a redistribution pattern on lower time frames to initiate sells in line with the prevailing trend.
Confluences for US30 sells are as follows:
- Price played a Wyckoff distribution on the higher time frame and had a CHOCH.
- Continuous breaks of structure have occurred to the downside with strong momentum
- Few clean supply zones have been left including the recent 20hr supply.
- ATH's has been taken, and enough liq has been grabbed to start pushing price down.
- still lots of liquidity and imbalances below that needs to be mitigated.
P.S. Alternatively, I will wait for the daily demand. If price continues to decline, I can capitalize on a retracement back up to the supply zone, making buys a potential option this week. Wishing you all a successful trading week!
BTCUSD Update - 52k?Seem to be going perfectly as predicted. BTC is dropping, retesting Supports to regain its bullish momentum. For how long will BTC continue to drop?
For start, this is just the beginning. BTC has completed the 4hr M pattern. BTC has just broken under major SUPPORT. This support is also the neckline for the Head and shoulder pattern from the ATH. Waiting for a confirmation by a retest. If BTC rejects the Daily support at 63500, look for sell pressure to 52k.
Capitalizing on Correlation: Selling US30 with USD on the RiseTraders,
In today's trading session, our attention is drawn to US30, where we're closely watching for a potential selling opportunity around the 38800 zone. US30 is currently navigating a downtrend, with a correction phase underway as it nears the critical support and resistance area at 38800.
Adding depth to our analysis, it's crucial to consider the broader economic backdrop. Recent data releases, including the Consumer Price Index (CPI) and Non-Farm Payrolls (NFP), have underscored the strength of the US dollar. This robust economic performance has bolstered the USD's position, creating headwinds for US30.
Moreover, it's essential to acknowledge the negative correlation between the US dollar and US30. When the US dollar strengthens, it typically exerts downward pressure on US30 and other equities. This negative correlation arises from various factors, including changes in interest rates, capital flows, and investor sentiment.
As the US dollar gains strength, investors may shift their focus towards dollar-denominated assets, leading to capital outflows from equities like US30. Consequently, a strong dollar can weigh on US30's performance, exacerbating its downtrend and potentially presenting selling opportunities for traders.
Therefore, as we monitor US30 for a selling opportunity around the 38800 zone, it's essential to remain cognizant of the interplay between the US dollar's strength and US30's performance.
Trade cautiously,
Joe.
CATASTROPHIC MARKET CRASH - Looks to be COMING VERY SOON!The fractal pattern on the charts is nearly identical, and after the crash we saw today in the crypto markets, this could be a precursor of what's about to happen in the Equities, and Futures Markets.
I would be very cautious right now!
I'm completely out of the market, with the exception of long-term crypto holdings.
Good luck, and run a tight stop-loss!