Index
SPX bearish week The S&P has completed its measured move to the 4150 levels, and this week, we will see if there is any momentum to break higher.
The critical level to watch for the fib zone is 4000; if it can stay above, then there will be another test of the highs.
With massive economic announcements this week, the news will significantly influence the bullish sentiment.
overall looking to see the S&P test the fib zone and likely dip lower this week
DXY Resistance Cluster! Sell!
Hello,Traders!
DXY is falling in a downtrend
And is making a rebound
To retest the resistance cluster
Of the horizontal resistance of 102.228
And a falling resistance
From where I think
We will see a move down
Sell!
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DXY : Short Trade , 1hHello traders, we want to check the DXY chart in the 1-hour time frame. The price is moving in a downward channel and after breaking the key level of 101.900, it has pulled back to this level. We expect this level to act as a resistance level for us. Play and maintain the downward trend of the price and drop to the next key level around the price of 100,900. Good luck.
US100: Bearish Continuation is Expected! Here is Why:
Looking at the chart of US100 right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
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Trading the Triangle: S&P500 is Bullish and Target New HighsHuge triangle in formation on the S&P500. The short term indicators are bullish: we are above the 150 day and 200 weeks moving averages, both being used as support when price is above them.
Price has been contracting last few weeks and traders are waiting to pick a direction. The bearish target would be 2700$, a price we didn't see since the sanitary crisis. The bullish target would be a new all time high at 5270$. Let's see.
DXY Downtrend And Breakout! Sell!
Hello,Traders!
DXY is trading in a
Downtrend and the index
Broke the support level
Of 102.12 which is now a
Resistance and the breakout
Is confirmed so I think that
There will be a correction
And a retest of the broken level
After that the price will
Go further down
Sell!
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¡¡Lots of liquidity below and bulls waiting for a big drop!!Hello crypto community! The bullish outlook is present after the monthly close above 28k. The healthiest thing for the price and the movement itself is to retest the level between 24.5k and 26k as support to find the necessary liquidity to break through 28.8k and go in search of the 34k target. Although the price remains above 28k with some spikes below, we see a clear bearish divergence on the daily chart which is totally normal after the rise from 19.5k. Level representing the shoulder of a bullish reversal HCH. At some point, the price is going to have a strong fall and it will find a lot of liquidity that will create a strike in the daily candle. It is only a matter of being attentive and patient for this movement to occur and not be tempted by market noise when the price is lateralizing. This is not investment advice, good trades and profits!!
SPY S&P 500 etf Head and Shoulders Chart Pattern. Options to BuyIt looks like a Head and Shoulders Chart Pattern is forming in the chart of SPY S&P 500 etf.
Because I believe we are about to see SPY trading at the neckline of the H&S, I`m considering the following puts:
2023-5-19 expiration date;
$389 strike price;
$4.10 premium to pay.
Looking forward to read your opinion about it!
DXY: Will Start Growing! Here is Why:
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too.
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DXY Double Bottom And Breakout! Buy!
Hello,Traders!
DXY was going down
But the index has established a
Double bottom pattern which is
Also a support at around 102.081
And the broke the falling resistance
So these two bullish signals
Make me expect a move up
Towards the target above
At the 103.109 level
Buy!
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