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Indextrading

Key Levels and US Market Review for the Asian session open 7/03A review of the price action from the European session and the US session. DAX managed to hold onto recent gains while the FTSE edged lower. The US managed to open stronger and push higher but it was not long until we saw some profit taking and prices edged lower into the close. Traders continue to focus on the global economy versus sticky/high inflation and at this stage data is pointing to a resilient US economy absorbing those higher prices due to inflation. There is no fear driven selloff which shows that bargain hunters still believe in a longer term move up thanks to resilient economies so I continue to expect major swings in momentum up and down. I remain of the view that sticky inflation is the big issue and will weigh on share markets if the Fed, and other major central banks, can not get it under control. I look at some key levels to watch and the price action setups I expect to see play out. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
COMEX:HG1!
by TradeTheStructure
Key Levels and US Market Review for the Asian session open 6/03A review of the price action from the European session and US sessions with bulls taking charge and pressing major indexes higher. Traders continue to focus on the global economy versus sticky/high inflation and at this stage data is pointing to a resilient US economy absorbing those higher prices due to inflation. There is no fear driven selloff which shows that bargain hunters still believe in a longer term move up thanks to resilient economies so I continue to expect major swings in momentum up and down. I look at some key levels to watch and the price action setups I expect to see play out. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
NYMEX:CL1!
by TradeTheStructure
Key Levels and Market overview for the Asian session open 28/02A review of the price action from the European session and US session as traders fight back thanks to some bargain hunting from the open. The US gapped upon the open following on from a strong European session. The USD found some sellers and Bond yields fell which provided some support for share markets traders. I look at some key levels to watch and the price action setups I expect to see play out. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
CBOT:ZN1!
by TradeTheStructure
Key Levels and Market overview for the Asian session open 27/02A review of the price action from the European session and US session as traders go into 'risk off' mode on stronger than expected inflationary data. The US gapped down on the open and held the lows into the close. The USD continued higher while US bond yields again rallied which pressured the broader share market. I look at some key levels to watch and the price action setups I expect to see play out. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
CBOT:ZT1!
by TradeTheStructure
Key Levels and Market overview for the Asian session open 24/02A review of the price action from the European session and recap of US price action as US indexes followed on from some strength this time in the Asian and European trade. The US gapped up on the open, sold off hard only to bounce back into the close to wipe off the majority of the earlier losses. I look at some key levels to watch and the price action setups I expect to see play out. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
NYMEX:CL1!
by TradeTheStructure
1
Key Levels and Market overview for the Asian session open 21/02A review of the price action from the European session and recap of US price action as the US indexes were closed Monday. I remain of the view that data is still showing 'sticky inflation' which eventually leads to higher interest rates and lower spending which will cap the indexes as we can see from the recent grind lower...it is whether the bears can now continue the push lower or not. I look at some key levels to watch and the price action setups I expect to see play out. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
NYMEX:CL1!
by TradeTheStructure
1
Key Levels and Market overview into the Asian session openA look at the price action from the European and US sessions and what that may mean for the Asian market open after PPI out in the US was stronger than expected adding fuel to the inflation fire. I feel data is still showing 'sticky inflation' which eventually leads to higher interest rates and lower spending which will cap the indexes. Intraday the US could not hold up off the lows and was hit hard into the close with potential to continue lower. I look at some key levels to watch and the price action setups I expect to play out. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
CBOT:ZT1!
by TradeTheStructure
3
Key Levels and Market overview into the Asian session openA look at the price action from the European and US sessions and what that may mean for the Asian market open after PPI out in the US was stronger than expected adding fuel to the inflation fire. I feel data is still showing 'sticky inflation' which eventually leads to higher interest rates and lower spending which will cap the indexes. Intraday the US could not hold up off the lows and was hit hard into the close with potential to continue lower. I look at some key levels to watch and the price action setups I expect to play out. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
CBOT:ZT1!
by TradeTheStructure
2
Nifty bankToday NIFTYBANK traded in a choppy zone. It stops trade at 42300. Moreover volatility in Indian Stock Market today was low. In a shorter timeframe NiftyBank is forming a flag pattern this may depict a small bounce towards 42900 keeping our stoploss cost-to-cost. However, it is still in its bearish mode watching past weeks data which shows its support near 41800. If you like my thought in a clear and concise then boost up my post. Thank You for your patience and keeping confidence on me. NSE:BANKNIFTY
NSE:BANKNIFTYLong
by TripuraInvescorp
BANKNIFTY VIEW FOR 21-12-2022NSE:BANKNIFTY Banknifty key levels are marked on chart. Intraday resistance - 43450 if breaks then bullish move is expected. If it doesn't break and if drift below 43350 then a fall towards the major Support is possible. Fib - Retracement - Banknifty downtrend has retracement of 0.382. the reversal is most likely. Major Support - 42950. Use position sizing according to your stoploss level. Like this idea if you find it useful and please share with your friends. Keep learning, Happy trading. Thankyou.
NSE:BANKNIFTY
by SANJAYPATIDAR_
NQ1!: CONFIRMED CHANNELS & OVERSUPPLY MOVE ON 12/13Note: In the chart above I have provided a clear distinction between what I would consider to be CONFIRMED CHANNELS that have been held for a considerable amount of time. Points: 1. With todays trading day on 12/13 we moved back into oversupply territory where price action failed to hold. 2. Oversupply move confirms a rejection of the 200 EMA Line. 3. Key Level for NQ1! to hold is 11,600 or we can be set to see new lows and lower highs. 4. Current channel we are resting on will collapse if NQ1! decides to break past 10,600 this would be the equivalent of $SPY breaking 350.
CME_MINI:NQ1!Short
by DGSTBROKERACC
SPX Daily TA Cautiously BearishSPXUSD daily guidance is cautiously bearish. Recommended ratio: 35% SPX, 65% Cash. * BOUNCE WATCH . It's volatile week with investors preparing for another FFR hike (12/14) that is widely expected to be 50bps (with a chance at 75bps) as China continues to formally lax their Covid-Zero restrictions in major cities like Beijing where people with a negative PCR test result are now allowed to congregate in certain public places . This has investors torn over a China reopening rally and more flight from Risk-On assets to DXY and US Treasurys with further FFR hikes. Russia continues to bombard Ukrainian energy infrastructure as Russia prepares to ban the sale of Russian oil to buyers participating in the new $60 price cap imposed by the G7 yesterday . In the coming years it would be reasonable to expect more of a push toward renewables like Solar energy in response to the geopolitical factors that are causing oil prices to be unsustainably volatile. VIX, Metals, Agriculture, NI225, GBPUSD, EURUSD and JPYUSD are up. DXY, US Treasurys, US Equities, US Equity Futures, Cryptos (mixed), Energy, CNYUSD and N100 are down. Key Upcoming Dates: US November PPI 830am EST 12/09; US November CPI 830am EST 12/13; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14; US November New Residential Construction at 830am EST 12/20; US Final Q3 GDP Estimate at 830am EST 12/22; US November PCE Index at 830am EST 12/23; UofM Consumer Sentiment Index at 10am EST 12/23 .* Price is currently trending down at $3954 as it approaches a $3913 minor support after being rejected by the 200MA (~$4058 minor resistance). Volume is currently Low (moderate) and on track to favor sellers for a second consecutive session if it closes today's session in the red. The VP Point of Control is at $3913 minor support. Parabolic SAR flips bullish at $4102, this margin is mildly bullish at the moment. RSI is currently trending down at 50 as it tests 52.68 support, the next support is the uptrend line from January 2022 at ~46. Stochastic remains bearish and is currently trending down at 28, the next support is at 17. MACD crossed over bearish in today's session and is currently trending down at 48 as it risks losing 55.35 minor support if it breaks down further. ADX is currently trending down at 18.53 as Price is also trending down, this is neutral at the moment. If Price is able to bounce here then it will likely retest the 200MA at ~$4040 as resistance before potentially retesting $4058 minor resistance . However, if Price continues to break down here, it will likely retest $3913 minor support . Mental Stop Loss: (one close above) $4040 .
SP:SPX
by dailytaguy
1
SPX Model Trading Plans for FRI. 12/02: NFP FridayFed Pivot Hope Turning Into a Bull Trap Nightmare? After 20 days of meandering around 3950/4000 level, the index rocketed out of the range to a session high of 4093.50 on the FOMC day, 11/30/22. This morning's Non Farm Payrolls data could be suggesting that it could potentially be an "irrational exuberance", and the futures' reaction so far post-NFP points to this proving to be the case. Of course, how the index trades in the regular session and how it closes today will hold further clues to this. Trading Plans for FRI. 12/02: Positional Trading Models: Our positional models went long on 11/29/22 at 3950.89, with a 40-point trailing stop. The long rode the post-FOMC spike up and stayed long for another session, finally hitting the trailing stop yesterday with an exit at 4060.51 - for a gain of 109.62 index points! For today's session, models indicate going long on a break above 4040, with a 35-point trailing stop, and going short on a break below 4008, with a 36-point trailing stop. Models also indicate instituting a break-even exit once a trade is in profit by 12 points. Aggressive Intraday Models: For today, our aggressive intraday models indicate going long on a break above 4040, 4022, or 4007 with a 9-point trailing stop, and going short on a break below 4018 or 4000 with a 10-point trailing stop.  Models indicate long exits on a break below 4054, and short exits on a break above 3991. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:31 am ET or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check our results to see for yourself how our published model trading plans have performed so far! Seeing is believing!)   IMPORTANT RISK DISCLOSURES AND NOTICES - READ CAREFULLY: (i) This article contains personal opinions of the author and is NOT representative of any organization(s) he may be affiliated with. This article is solely intended for informational and educational purposes only. It is NOT any specific advice or recommendation or solicitation to purchase or sell or cause any transaction in any specific investment instruments at any specific price levels, but it is a generic analysis of the instruments mentioned. (ii) Do NOT make your financial investment or trading decisions based on this article; anyone doing so shall do so solely at their own risk. The author will NOT be responsible for any losses or loss of potential gains arising from any investments/trades made based on the opinions, forecasts or other information contained in this article. (iii) Risk Warning: Investing, trading in S&P 500 Index – spot, futures, or options or in any other synthetic form – or its component stocks carries inherent risk of loss. Trading in leveraged instruments such as futures carries much higher risk of significant losses and you may lose more than you invested in them. Carefully consider your individual financial situation and investment objectives before investing in any financial instruments. If you are not a professional trader, consult a professional investment advisor before making your investment decisions. (iv) Past performance: This article may contain references to past performance of hypothetical trades or past forecasts, which should NOT be taken as any representation or promise or guarantee of potential future profits. Past performance is not indicative of future performance. (v) The author makes no representations whatsoever and assumes no responsibility as to the suitability, accuracy, completeness or validity of the information or the forecasts provided. (vi) All opinions expressed herein are subject to change at any time, without any notice to anyone.
SP:SPX
by TradersAIDotCom