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SPX500, Setting Up For A Major Gap-Fill!Hello, Traders Investors And Community, welcome to this analysis about the current situation with the important S%P 500 Index, what the current formation is telling, and what we can expect from the index the next hours and days. As I already mentioned in previous analysis the index was setting up for a gap fill on the 4-hour chart and on the smaller timeframes which has now fulfilled and as there did not enter increasing supply since the gap-fill till now there are some interesting signals I detected which can determine the further outcome of the index. Fundamentally the situation is still critical for the bull-market rally in the stock market where there is a big difference between the real economic growth and the stock market, where the real economy is still damaged by the crisis the stock-market is testing upside levels which need to change to an symmetrical environment where the real economy and stocks go together to provide a solid market. As you can watch in my chart the index just moved above the major key-level which is marked in orange in my chart and is now consolidating above this level which is normally in the most occasions a continuation sign. Furthermore, we see the index still holding above the 55- and 400-EMA you can watch marked in green and black in my chart which is a more bullish than bearish environment when the index had been closed below these EMA-structure this fact would be the reverse as I pointed out in the analysis of the single stocks I published covering picked titles from the market. You can also watch this principal parallel channel in which the index is trading which when confirmed to the upside can lead to a bullish surge in price and set up to fill the gap we have at the 3333 levels which will also match with the price projection target of the parallel channel, taking these conditions in consideration it is a high possible confirmation that can develop. Although this scenario is likely on the short-term-basis as we speak from the 4-hour chart here this does not mean the index is completely bullish as this can also be a huge bull-trap which is supported by the fact that mostly the smart-money is staying out of the market currently and the uptrend is not fundamentally backed, therefore, it has to be considered what the index will do after confirming the more likely gap-fill scenario and if it will advance further to test the all-time-high condition or show bearish pressure. The current rally is mostly monetarily driven as central banks pumping money into it the corona damaged economic situation has not changed yet, we will see if this can change within the course of the next hours, weeks and days but for now, the bearish scenario is not out of the desk, therefore, it should not be kept aside as there are many factors which can support a possible continuation of bearish pressure established this year. In this manner, thank you for watching, support for more market insight, have a great day, and all the best to you! Conviction is the search for ultimate meaning. Information provided is only educational and should not be used to take action in the markets.
TVC:SPX
by VincePrince
7
D-JONES, Double Bottom, Possibility On The Long-Side!________________________________________________________________________________________________ Hi Traders, this is a signal I give to you for free today. Support will be great with a like and follow when useful. ________________________________________________________________________________________________ ENTRY: 25850-26000 MINIMUM TARGET: 26900 STOP LOSS: 25395 MINIMUM RISK REWARD: 2.55 REASON: Double Bottom ________________________________________________________________________________________________ In this manner, thank you for watching and support for more market insight. Information provided is only educational and should not be used to take action in the markets. ________________________________________________________________________________________________
TVC:DJI
by VincePrince
7
AUDUSD, Developing Triangle, Opportunity When Confirmation!Hello, Traders Investors And Community, welcome to this update-analysis where we are looking at recent events, the current price-structure, and what we can expect the next hours and days from AUDUSD. The major uptrend which I forecasted in previous analysis about AUDUSD confirmed properly as mentioned and touched the trendline before showing bearish signs to the downside where AUDUSD is building an overall consolidational range here if you did not saw this analysis already I highly recommend that you look at it when going on my account to have a full-depth-overview. Besides this fact, there are some other interesting signals which I determined and which will affect AUDUSD in a significant way. As you can examine when looking at my chart now is that AUDUSD is moving in this overall sideways range which is building a triangle that is marked in my chart with the blue trendlines. At the moment this triangle can confirm either to the up or downside as there are factors playing into both scenario, on the bearish side it is the fact that AUDUSD is heavily overbought and after such a bull run normally comes minimum a smaller correction when not a bigger pull-back, on the bullish side it is the fact that AUDUSD is still holding above the 400-EMA in black and the 100-EMA in light-blue which are serving as strong support levels holding the trend to the upside, therefore, the price currently reaches an equilibrium state where it has to show which is the proper direction. On the smaller scale, AUDUSD is developing the overall wave count where it is setting up the final wave E now to complete the overall wave count. This happens when the upper boundary is touched a last time after which we can get another pullback before the final breakout establishes. At the moment it is possible that AUDUSD breaks directly to the upside or to the downside but this probability is at the moment highly marginal because the triangle isn't established for that long time now. From a trading perspective, the breakout can be traded either aggressively with an immediate entry or conservative with entry after confirmation, therefore the fact that it is possible to confirm the triangle in both directions the conservative approach to wait on confirmation is definitely smarter here. In this manner, thank you for watching, support for more market insight, have a great day and all the best my friends! ;) The grand aim of all science is to cover the greatest number of empirical facts by logical deduction from the smallest number of hypotheses or axioms. Information provided is only educational and should not be used to take action in the markets.
by VincePrince
3
USDCAD, Consolidating In The Range, Possible Triangle Formation!Hello, Traders Investors And Community, welcome to this analysis where we are looking at the recent events, current price-structure, and what we can expect from USDCAD the next hours and days. As USDCAD fell below its important consolidation and established a downtrend which moved below the fundamental EMA structure it is now recovering and showing some up moves the last times but there are some important and significant signals and signs I detected which will affect the price of USDCAD sustainable therefore we are looking at the 4-hour timeframe. As you can watch in my chart USDCAD is moving in a steady but weak volatile uptrend since it marked its lows at 1.334, for now, this uptrend is building a narrower range the more USDCAD advances in price, this range is building an overall possible ascending-triangle-formation here which you can see marked with the blue trend-lines in my chart where the lower and upper boundary already touched several times, such a formation is normally a formation which is confirming bearish to the downside when confirmed properly which will happen when the lower boundary crossed to the downside. Furthermore, USDCAD has important resistance clusters in the structure which is firstly the 200-EMA marked in blue in my chart, secondly, the 500-EMA marked in black and the falling resistance line which is marked in red, taking all these factors in consideration USDCAD has serious resistance levels in the structure which will be highly likely confirmed when touched in this level, also we have the wave-count which is finished when the final wave E ends at the bearish resistance-cluster and turns bearish to the downside which will confirm not only the wave count but also the wedge. When the bearish scenario sets in as expected and with the proper volatility it can be traded on the short-side with either an aggressive entry or a conservative entry. The aggressive approach will be right immediately when USDCAD shows bearish signs in the resistance cluster and the conservative approach will be when the lower boundary finally confirmed to the downside, although both entries are possible the conservative approach will be smarter and traders into this direction should decide on individual risk-preferences. In this manner, thank you for watching, support for more market insight, have a great day and all the best my friends! ;) It is the job of the market to turn the base material of our consciousness into gold. Information provided is only educational and should not be used to take action in the markets.
by VincePrince
5
JP-MORGAN, Moving In Massive Channel, Testing Remaining Levels!Hello Traders Investors And Community, welcome to this analysis where we are looking at recent events, the current price-structure, and what we can expect the next time from the famous large capitalized investment bank JP MORGAN. As it is well known that banks are not within the high performers in the stock-market nevertheless there can be some interesting trade opportunities especially in the current crisis and the possible ongoing stock-market declines where many people saying it was just the beginning which we had seen in March. With an increasing fear of new corona-restrictions and the resulting declines in the stock market out of it, the vast major market like S&P or RUSSELL currently shows some bearish pressure which will increase when important support levels do not hold, I made an analysis on this which I recommend you to see when you do not see it already when going at my account and look at the analysis, furthermore we have with JPM a stock where I detected some meaningful signals at the moment which can determine the further outcome of the stock. As you can examine when looking at my chart is that JPM is trading in this huge huge possible bear-flag which is marked in blue in my chart where the stock already touched several times the lower and upper boundary of the channel and therefore confirming it. Technically this possible massive bear-flag is confirmed when the price crosses with a volatile and decisive move the lower boundary to the downside but before that scenario can be taken into consideration it is within a highly possible spectrum given that we see some up bounces before that happen to test the remaining resistance levels and confirm them, these will be once the Fibonacci-resistance levels you can see in my chart where the 50 % is an important and strong resistance which is also matching with previous mirror levels and furthermore the higher 23.6% resistance which is also matching with the upper boundary of this important channel and building, therefore, a coherent resistance cluster. which will be confirmed when there is bearish pressure on these levels. Overall we have currently a strong bearish environment for the stock and although the bank may have gained good profits with short selling in the bear market decline which also other smart investors and traders did it is showing that more bearish than the bullish picture which should not be ignored in any case, as many people called for the bear market already recovered and the bull market coming back and holding on now we should not be naive because there is no substantial fundamental backing for this, besides that no technical, therefore we should be prepared for a possible bearish decline and do not take the bull moves for face value as it can still be a huge bull-trap which is showing often after another big wave to the downside comes. We will see how the overall situation develops and back up the track when a decisive scenario like the possible bearish decline sets in to profit out of upcoming possibilities in the further market environment. In this manner, thank you for watching, support for more market insight, have a great day and all the best my friends! ;) The eye sees only what the mind is prepared to comprehend. Information provided is only educational and should not be used to take action in the markets.
NYSE:JPM
by VincePrince
7
KO, Weaker Than Rest Of The Market, Trading In Channel!Hello Traders Investors And Community, welcome to this analysis where we are looking at recent events, the current structure and what we can expect from KO (KOKA-KOLA) the next hours and days. As I already mentioned in previous analysis there are gainers and losers in the corona-crisis which showing up weaker than the market or stronger than the market, this is a similar mechanism we have already seen in the past for example with the dot-com-bubble in 2000 in which many companies were sorted out due to inefficiency and other reasons. Normally KO should minimum be as strong as the S&P 500 index when not also stronger than this index because it is a consumer durable where demand boosted during the lockdowns and which can still steadily increase the next times when looking at possible new lock-down-restrictions but this does not currently show up in KO which also showing up in the technical analysis, therefore, we are looking at the 4-hour locally timeframe. EXAMPLE STOCK: J-JOHNSON, Stronger Than Rest Market (4-Hour Timeframe): EXAMPLE STOCK: BERKSHIRE, Weaker Than Rest Market (4-Hour Timeframe): As we can examine now when looking at my chart is that KO is printing a clear bearish picture below the important 500-EMA in black where we have strong stocks which are above this EMA this show the current weakness of KO and also the fact that it is consolidating way below the all-time-high where we have other stocks which are near at this level or already formed new highs, this is another factor counting into the bearish environment which is currently developing in the stock here. In comparison, this stock has a similarity to BERKSHIRE which is also in a bearish state with more potential to the downside upcoming. Now, as you can see in my chart KO is forming a parallel channel here marked in blue in which it is consolidating, as it is approaching the lower boundary another time now we can expect a bounce from here higher to the upper boundary which will complete the wave count it is currently forming and from there form a leg to the downside which is more possible at the moment than the immediate bullish continuation above the upper boundary when the stock has done this like you can see it marked in my chart we need to see and elevate how the stock develops further. Just on the technical side of things KO is a clear loser of the current corona-crisis in comparison to the rest-market and in comparison to the leading S&P 500, this can spring up from a decrease in demand to drink and consume unhealthy consumer goods which have a lot of calories and sugar and can cause serious health problems, this theory can be evidenced by the fact that more and more people these days, especially in the corona health crisis, want to live a healthy and sustainable long life, this approach can fundamentally underline the bearish picture the stock is currently showing. We will see how this is developing the next times so far and if there is more downside to expect as you can see in my chart KO needs to hold the highly important 76.8 % Fibonacci-support for solid support when falling below that level there is a high probability given that bearish pressure to the downside increases further. It will be interesting to see how this is playing out further and especially if KO can back up when the major other market goes up or if it fails and the bearish sign increasing more, as this is now the time where it shows up who is profiting from the corona-crisis further where many companies from the digitalization industry have better cards at the moment. In this manner, thank you for watching, support for more market insight, and all the best! Even the smallest shift in perspective can bring about the greatest fortune. Information provided is only educational and should not be used to take action in the market.
NYSE:KO
by VincePrince
3
SPX500-Index-Market-Status-UpdateHello Traders Investors And Community, welcome to this update-analysis about events since the last one, the current structural elements added to the environment, and what we can expect or nor expect from the SPX500 index. As mentioned in the previous forecast the index was and is trading in an important uptrend-channel which holding the whole bull-market construct to the upside since the corona-breakdown-lows seen this year, if you did not already see this analysis I highly recommend it to you when going on my account to have a full-depth-overview. As there increased the bearish pressure the last weeks due to new corona-fears and ongoing difficulties in certain fields which resulted in a swift down move with a gap developed and a piercing of the lower boundary the situation has altered to a shaky index right now, in this territory, we need to keep the possible scenarios coming upon us in mind to act accordingly when they happen and do not forget the still not recovered real economy. As you can examine now when looking at my chart is that the index pierced the lower line of the channel to the downside which can certainly be a bull-trap before moving higher but the volatility with which this breakdown happened should not be ignored also the gap which provided during this speedy bearish breakdown was more bearish than bullish. This case shows one more time how events can affect the price in a fast and undetermined manner. For now, the index has found some support at the 30-EMA you can see marked in orange within my chart and now setting up to possibly fill the gap which confirmed downside when this gap-fill play out now we need to keep in mind that after such a mechanism the supply in the market can increase again as there are still sellers in the level who want to sell at certain prices. Now when this overall scenario takes places it is from high importance for the index to hold the uptrend-channel to establish a solid base of support here because when this does not play out we will get bearish pressure to the downside for sure when confirming below. This will move the index to test remaining lower levels which will be the 100- and 500-EMA you can watch marked in green and black in my chart, in this case, the 500-EMA is extremely meaningful to establish support otherwise the index has a huge critical bearish zone below the EMA that is marked in red within my chart when the index confirms below that level it will increase bearishness to the downside and lower levels will be marked. On the other term when the index stays within the uptrend-channel it has to confirm above the established 3230 high to move higher and test the remaining all-time-high levels. When comparing the technical situation with the fundamental real economic situation we can take note that the rally seen since the corona-lows this year was mostly driven by fresh money pumped into the market and was a recovery of the heavy breakdowns established this year which is a normal mechanism but the fact that the real economy does not grow together with the stock-market and is still damaged from the events happened makes the rally a more unhealthy environment because the real economy and stock-market should move together, therefore when considering the next weeks to come and a possible bullish continuation it is from high importance that the real economy grows together with the stock-market otherwise this bullish rally which will establish would be a speculative money-driven bull-market with no underlying fundamental base of growth, such a speculative rally can lead to more difficulties in the aftermath where bearish pressure can increase again, therefore, the rally should be seen with an critical eye to be on the track in case of possible upcoming volatility. In that manner, thanks for watching, support for more market insights, and good day my friends. Prospect is the ingredient of good fortune. Information provided is only educational and should not be used to take action in the markets.
TVC:SPX
by VincePrince
5
USDJPY, Below Major Resistance, Main Possible Bear-Flag Forming!Hello, Traders Investors And Community, welcome to this analysis about USDJPY, the recent events, the current price-formation and what we can expect from USDJPY in the next hours and days. The last time USDJPY made this significant bear-move to the downside where it provided heavy bearish selling volume after marking its high at 10.810. Since then it was in a meaningful downtrend which can increase further when we do not get any bullish signs to the upside which will invalidate the bearish scenario and how I detected in the chart this is the more likely possibility at the moment therefore we are looking at the 4-hour local timeframe. As you can examine when looking at the chart you can see that USDJPY is currently trading in this huge parallel channel marked in blue within my chart. As we found some resistance at the lower boundary we can expect some little up bounces the next time to test the remaining resistance levels in the structure. These are firstly the 100-EMA which provided the failed bullish cross with the 600-EMA and secondly the 600-EMA where we havea also a local mirroring-resistance which is together with the 600-EMA building up a coherent bearish-resistance-cluster in that level which will highly likely confirm to form the next steps in the possible bear-flag USDJPY currently develops. Overall we have a decent bearish environment here with more downside potential after the possible bear-flag has confirmed finally when the wave-count ended. This will provide a bearish signal to the downside which can be traded aggressively with an entry immediately at the bearish resistance-cluster or with entry after the lower boundary of the possible bear-flag broke to the downside and the bear-flag has confirmed finally, traders should decide according to individual risk-preferences but the conservative entry after confirmation should be preferred here when considering this scenario there is still plenty of profit potential as the targets lying way at the downside. In this manner, thank you for watching, support for more market insight, good weekend everybody, and all the best friends! Information provided is only educational and should not be used to take action in the markets.
by VincePrince
1
J&JOHNSON, Stronger Than The Rest Market, Possible Bull-Flag!Hello, Traders Investors And Community, welcome to this analysis about the recent events, the current price-structure and what we can expect the next hours and days within J&JOHNSON. As I already mentioned in previous analysis in the current corona-crisis there are gainers and losers who are profiting either out of the crisis or having deficiencies to catch up onto the level seen before the corona-fears hit the markets. Therefore we see a paradigm shift in the global economy similar to these ones we have seen in the past where there have been companies which gone bankrupt due to lack of resilience and others which survived the crisis and exist still today, this was a constant repetition in the financial-crashes we have seen in history and it is repeating itself right now as history does not change at all only marginally when the necessities desire different circumstances. Therefore we have stocks that perform better than the markets, which are the truffles within this situation where we should keep an eye on when considering something on the long side and there are others that cant catch up with the train and consolidating or downshift. Example Stock: Weaker Than Rest Market: BERKSHIRE (4-Hour Timeframe): When looking at my chart you can see that J&J is trading above the 800-EMA marked in black which firstly is a strong sign that the stock holds above the EMA, furthermore, we have the 100-EMA which you see marked in green within the structure of my chart which provided a failed bearish-cross, this is a bullish sign indicating that the bulls are stronger than the bears. It is also the major difference to BERKSHIRE where the 100-EMA crossed the 800-EMA to the downside and provided a bearish crossover signal since which the stock didn't take these EMAs out this gives adds a more bullish edge to J&J at the moment which is trading in a possible bull-flag right now which you can see marked in blue. The next time we can expect the stock to test the support it has remaining in the 138 level and the 800-EMA after forming the wave D of its overall wave count. When this test provides successful and solidity confirms at that level it is within the possible spectrum that J&J moves higher to confirm the huge possible bull-flag in which it is trading at the moment, this scenario will play out when the stock crosses with good volatility and sustainable above the higher boundary of the channel. When the stock provides such a breakout it will move onto its targets within the all-time-high range with a high possibility and even higher after that when there confirm good bullish volatility and no other meaningful bearish signs which alter the situation again. Taking all these factors into consideration we have a technical basis for J&J to succeed next times although because it is the pharmaceutical company with the biggest market and as I already pointed out in past analysis these are stocks which can provide gains also in the current corona-crisis and show a possible anticyclical movement compared to the average rest market. In comparison with the S&P 500 which is still below its all-time high, we have a stronger picture here at the moment. We will see how this will develop further the next time and if J&J provides to hold this strong environment. Although there can still show new volatility to the downside in the average market due to upcoming corona-restriction this can add to J&J but as it is a possible anticyclical market mover the volatility to the downside can proof not that devastatingly fatal. In this manner, thank you for watching, support for more market insight, good day, and all the best! “Learning is an ornament in prosperity, a refuge in adversity, and a provision in modern markets.” Information provided is only educational and should not be used to take action in the markets.
NYSE:JNJ
by VincePrince
17
P&GAMBLE, High Volatilty-Stock, Huge Triangle-Breakout Incoming!Hello, Traders Investors And Community, welcome to this analysis about the recent events, the current formation, and what we can expect in what the last weeks have shown us highly volatile stock PROCTER&G. As I mentioned already in past analysis about the stock-market we are progressing in historical levels within the whole market where we can observe big differences within the individual stocks and its price-levels, as some looking more bullish and have taken out all-time-highs already there are some stocks which show high downside potential. A big factor in these differences is the corona-crisis where we have gainers and losers either profiting out of the crisis or not because of the bad lineup in the real economy. Within P&G we have a stock which is consolidating in an increasing tightening range that will show a huge breakout the next times, although the bearish breakout is possible there are some stronger signs which making the bullish breakout more attainable. When looking at my chart you can see that the stock is trading in this huge symmetrical triangle with the tightening pace and the current consolidation above the 100 and 30-EMA you can see marked in my chart with orange and light-green which is a decent bullish signal at the moment which can be the determining factor contributing to the upcoming bullish breakout. When looking at the past weeks and months we can examine that this is a highly volatile stock showing the big price swings in the past which can prove profit full for an intelligent trader with the right arrangement in the market. Compared to the leading index S&P 500 and other stocks we have a definite consolidation in this stock at the moment which can change as mentioned but compared to other stocks like BERKSHIRE or J&JOHNSON we have the confirmation of the underlying trend and tendency still awaiting within P&GAMBLE here. Counting all these factors together and in comparison with the other stocks, we can come to the conclusion that a breakout to the upside and visiting of all-time-high levels is more possible with this stock than the breakout to the upside. COMPARISON STOCK: Stronger Than The Market: J&JOHNSON (4-Hour Timeframe): COMPARISON STOCK: Weaker Than The Market: BERKSHIRE (4-Hour Timeframe): After the stock has confirmed the breakout it can be traded with an entry immediately after the breakout or with a revisit of the higher boundary and a conservative entry, traders should decide according to individual risk-preferences. Remember that the breakout has to show with solid volatility to the upside a mere piercing and fall back into the triangle will indicate a fake breakout. When considering the corona-crisis factors the stock is a consumer durable which can show an anticlinal market-movement as consumer goods had a high demand in the lock-downs, this demand can increase again when there are coming new corona-restriction waves. We saw this demand also with the high bounces to the upside in this stock during the corona-breakdown period. So according to the current situation we have also a more bullish environment within the fundamental side of things, therefore, it will be interesting how this scenario plays out properly. In this manner, thank you for watching, support for more market insight, good day and all the best! Even the smallest shift in perspective can bring about the greatest prosperity. Information provided is only educational and should not be used to take action in the markets.
NYSE:PG
by VincePrince
1
Preparing for Takeoff ✈️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. AAL has been overall bullish trading inside the flat rising wedge pattern and it is currently approaching the lower bound / red trendline. Moreover, the zone 12.5 - 13.0 is a strong support. 🏹 So the highlighted red circle is a strong area to look for trend-following buy setups as it is the intersection of the green support and lower red trendline acting as a non-horizontal support. As per my trading style: As AAL approaches the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break, and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
NASDAQ:AALLong
by TheSignalyst
4
MSFT, Breakout Of The Flag, Targets Ahead After Confirmation!Hello, Traders Investors And Community, welcome to this update-analysis of the MSFT stock where we are looking at the recent events, the current price-structure and what we can expect the next times. As I already mentioned in past analysis MSFT was trading in a possible bull-flag formation which confirmed recently bullish to the upside, if you did not watch this analysis already I highly recommend it to you when going to my account and look at it to have a full-depth-overview. At the moment MSFT is trading at a preeminent level which is the all-time-high and MSFT provided other important technical signals which I detected therefore we are looking at the 4-hour local timeframe. Initial Analysis According The Subject (4-Hour Timeframe): As we can examine now when looking at my chart is that MSFT confirmed the bull-flag with solid bullish volatility to the upside where it is trading near the all-time-high which is currently still a decent resistance where we can get a pull-back to confirm the bull-flag a second time, this will be realized when we confirm the level at 190 as resistance and visit the upper boundary of the bull-flag to test it for a confirmation when this happens we need to hold the upper boundary and do not fall back into the channel again because this can possibly invalidate the bull-flag. Therefore it is important to hold the upper boundary and the EMA structure because when we close below these levels we will see increasing of bearish pressure within a high probable spectrum. At the moment it is possible at hand that MSFT just runs away to make a new high but that will be an unhealthy movement which can turn out to be a bull-trap and confirm to the downside again, the best way will be that MSFT confirms the bull-flag properly a second time, when this happens it can be traded either with an aggressive entry immediately at the higher boundary or with a conservative entry when MSFT visits the highs again which will provide a breakout entry scenario. In both cases, it is wise to wait on the proper confirmation as there is still a possibility given that MSFT falls back into the channel and confirms bearish which is not high at the moment but it should be kept in mind to succeed in this situation with the proper risk-preference. When we exemplify the fundamental side of things we can explore that MSFT is a decent winner in the current corona-crisis because we had a massive digitalization boom during the lockdowns which is still holding on because more and more people rely on digital economic and ecologic tools increasingly within this crisis. This digitalization boom can increase the next times or decrease as the real economy gets more important, to have a healthy market environment not only within MSFT but also within the rest market we need similar growth in the real economy and stock-market to confirm also fundamentally bullish, without that given we have a speculative rally which is an unhealthy market environment that can turn fastly to the downside, in this case, MSFT will be anticyclical to the rest of the market when it manages increasing growth in the fundamental and technical aspect otherwise it can add to the overall bearish shape we will get in the main rest of the market. In this manner, thanks for watching, support for more market insight and all the best! There is a kind of conformity to come in modern markets which is almost a paradise. Information provided is only educational and should not be used to take action in the markets.
NASDAQ:MSFT
by VincePrince
14
D-JONES, It Will Be An Huge Historical Test In Stock-History!Hello Traders Investors And Community, welcome to this analysis about the recent events, the current price-formation-structure and what we can expect the next times in one of the major leading stock-indices worldwide and one of the oldest participants in stock-markets the DOW JONES INDUSTRIAL AVERAGE, after we have seen the huge corona-crisis-breakdown which hit all global markets heavily we see a slowly moving uptrend right now, the big question which we have to ask our selves at the moment is if this uptrend is a stabile uptrend which will continue on a solid foundation or if it is just a huge bull-trap selling the shares to smart money on higher prices. As there are not only fundamental but also technical signals which I detected and which play an important role in the further outcome of the market we are looking at the 4-hour local timeframe. When considering an index which builds the stock-market we have to also compare it with the current real economic situation and the things going on worldwide, and this situation is in fact a high volatile right now as the real economy is still damaged from the corona-crisis which has caused big failures due to lockdowns and the conservatism of the investors in this time. Also, we have massive protests going on worldwide which hasn't been seen since many 10th of years in that a mass-fashion. So taking all these factors together we can examine a divergence in the real economy and the stock market which shouldn't be the case because it is unnatural for the market and when it goes on for longer it has a big speculative impact on the market because the real economy isn't growing but the stock-market due to massive money printing from central banks, therefore, these two should build the same line together to provide a possibility for prosperity. Technically speaking we see the index currently approaching a historical resistance level which is also the all-time-high-level you can see marked in my chart in red, when we approach this level firstly we can expect an pull-back because it is still a strong resistance level when this happened there are basically two possible scenarios which can play out within the index, once it is a second test of the resistance level where the price can succeed and make a new all-time-high to continue further and the second case will be that we break the current uptrend line you can see in my chart marked in grey to the downside which will cause bearish pressure and a test of the neckline of the inverted head and shoulder formation. When considering the bullish case it is important to keep in mind that the breakout needs to confirm with high volatility and sustainable price-action otherwise it can be a bull trap factly till the head and shoulders formation target confirmed. It has to be noted that when we confirm a new high and advance further this will be a highly speculative rally as the real economy and the stock-market are still in divergence together firstly when these both run together we can get a healthy market environment. When considering the bearish side we can get bearish pressure after the uptrend line crossed to the downside, from that point it is possible for the index to test the neckline of the head and shoulder formation from where we can form a reversal and advance further but it can also turn out to come more bearish pressure to the downside which can invalidate the head and shoulder formation, therefore when we cross the 22690 mark to the downside this will get a definite bearish breakdown and need to be kept in the schedule for further considerations. At all the test of the resistance will be the critical factor in the further continuation of the index. In this manner, thank you everybody for watching, support for more market insight and all the best! There are many roads to prosperity in the modern economy, but one must be contemplated. Information provided is only educational and should not be used to take action in the markets.
TVC:DJI
by VincePrince
6
SPX500, Approaching Essential Level Which Will Show Conclusion! Hello, Traders Investors And Community, welcome to this analysis about the recent price-action, the current formation-mechanism and the outcome which we can expect the next times within the major leading stock-index S%P 500. At the moment the world is in a massive fluctuational volatile environment with heavy protests ongoing in several countries in the world which weren't seen so far since the 68th in the past century, in fact it is the first time in the 21th century that so many protests happening in that a variety of different countries. The whole corona-crisis and the resulting restrictions covering lockdowns and more were the triggers for that caos but what we see in the markets is an exceptionally unexpected uptrend even though the real economy is still damaged of the crisis we see a growth which firstly is the product of central banks and their money policy pumping fresh money into the markets but can this go forever in a damaged real economy or is it just a whole bull-trap? Therefore we are looking at the leading index within its 4-hour timeframe. As you can examine in my chart with the blue lines the index is trading in a steady uptrend which has its origins after the lows of the corona-breakdown. After these lows, we first broke above the 40 and 100-EMA which you can see marked in orange and black in the chart from there on the index established the uptrend-channel with its currently speed-support-line meaning the trend is faster than before. When considering the bearish overall scenario which was established in the corona-breakdowns the current movement can be completely neutral and included within the bearish market environment but when considering the bullish scenario and a possibility to the upside which is definitely given at the moment after we saw these high volatile moves now we can examine that when SPX 500 takes out its highs substantially there can come even more growths and prosperity which is possible but it will be a high speculative rally to the upside driven from freshly printed money as the real economy is still in trouble this can increase the tensions and can possibly elude into an even bigger crisis in the aftermath. The next weeks and months will be decisive not only for the stock-markets but also for the real economy and the ongoing protesters in the world, this paradox situation can lead to a stabilization when the majority of countries can establish its prosperity, growth and the status quo which was seen before the crisis, in this context the real economy will turn the lights on to the upside which will jump over on the stock market and this could result in a healthy bullish environment when the real economy and stocks going in one direction, on the other side ongoing discrepancies between the stocks and real economy will lead to an unhealthy environment which will increase the bearish pressure to the downside. Technically speaking we need to hold the current range between the 3150 and 3370 level and confirm it as support for setting up to test the all-time-high, otherwise when this does not happen and we fall below that level and cross the lower boundary of the channel down it will be bearish and a possible double top pattern can confirm. It will be highly interesting how the market reacts to the possible scenarios given at hand, for traders this means both scenarios can be traded after confirmation, a long-trade can be entered when we stabilize in the uptrend channel and a short-trade when we cross the uptrend-channel to the downside. But be aware when we cross the all-time-high immediately to the upside without confirmed support before, this can just be a whole bull-trap which can elude the price back again. Overall when we cross the all-time-high to the upside and continue with an uptrend this will be a highly speculative rally because the real economy isn't that ready at the moment and as already mentioned these discrepancies can lead to an unhealthy market-environment. We will see how this plays out and it is important that we are ready to take the proper action in the upcoming market situations when they arising. In this manner, thanks for watching, support for more market insight, all the best and have a good rest of weekend! There are many roads to prosperity in the modern economy, but one must be contemplated. Information provided is only educational and should not be used to take action in the markets.
TVC:SPX
by VincePrince
7
EURAUD, Further Continuation Onward After Second Confirmation!Hello Traders Investors And Community, welcome to this analysis about recent events, the current price-structure and what we can anticipate from EURAUD the next times. In my research I discovered some fundamental important signs within EURAUD which will determine the outcomes of EURAUD further. As the world economy is slowly starting to grow again after the lockdowns this has an important impact on worldwide currencies and the forex-markets with high volatility which we currently experiencing, some people calling the euro should rotten and the states should keep their own currencies like before, if this is a good option we can not say at the moment but smart investors and traders should make their own personal standpoint in the markets and decide their market-approach on the best possible information at hand, therefore, we are looking at the 4-hour chart of EURAUD. As you can see in my chart, EURAUD has broken a major declining trendline to the upside which is marked with the blue lines in my chart. So breakdown happened with high volatility and increased volume, therefore, the bearish scenario has confirmed firstly with this significant move to the downside. Currently, it seems that the price is stabilizing between the 1.065 and 1.635 range and forming some upmoves, but at the moment these upmoves are rather weak than really solid bullish moves and furthermore EURAUD is trading below meaningful resistance levels. First of all it is the the 60-EMA which you see marked in black and secondly, it is the 100-EMA marked in orange, together with the falling trendline these levels building a coherent resistance-cluster which will highly likely confirm bearish when touched in this level. When the bearish resistance-cluster has confirmed as it is the highest possible scenario right now, the both targets you can see in my chart are activated. First of all when we reach the short-term-target and do not get any purposeful reversal here the further downside will be confirmed, after this, the middle-term-target is reached and when this has completed we need to examine the situation again and look for more signs within the information the market has gave us. This trade can be opened conservative or aggressive, the aggressive approach will be to enter the trade immediately in the current range and the conservative approach will be to wait after the falling blue trendline you can see in my chart has confirmed properly, traders should decide according to individual risk preferences and the market approach. In this manner, thank you for watching, support for more market insight and have a good weekend. Information provided is only educational and should not be used to take action in the markets.
by VincePrince
1
DXY, Wedge Confirmed, Once Targets Reached Further Resolution!Hello Traders Investors And Community, welcome to this analysis about the recent events happening in DXY, the current formation-structure and what we can expect from DXY the next days and weeks, there are some significant signals which I discovered and making it clearer in which direction we will trade with the overall index. As the world economy still struggling because of the corona-restrictions the virus has enabled we see meaningful levels of alternation not only in the stock-market but also in major leading currencies, as the corona-crisis established and increased we saw heavy volatility also in the DXY, for now, it seems to stabilize and consolidate but that can change in the next times when differences begin to increase between the currency-pairs, therefore we are looking at the weekly,daily and 4-hour perspective. 4-Hour Timeframe (Short-Term): As you can see marked in blue in my chart DXY build a symmetrical wedge which recently confirmed with high volatility to the downside, for now we have the wedge target fully activated but there can also come a confirmation when the price comes back to the lower boundary as you can see in my chart before continuing to the downside, the leg to the downside can be traded aggressively with an immediate entry or conservative after confirmation. The best way in this structure is to wait after the DXY confirmed at the lower boundary of its wedge. 1-Day Timeframe (Middle-Term): ON the daily timeframe we see some really really interesting and meaningful signs which can determine the further result of DXY, as you can see we have the local target at 96.5 which will be reached within the next time, from that point on we need to see and elevate how DXY can establish further, when we get stabilization in that level it is possible to build a reversal there and get back to previous bullishness otherwise when we fall below the target level and even lower DXY will end up in the bearish-zone you can see marked in my chart below the 94.8 level, on contrary for a bullish continuation we need to cross the falling grey trend line to the upside to end in the bullish-zone. These levels are highly important for the outcome and we need to watch out and be prepared when the time comes and either the bearish or bullish scenario plays out. Weekly Timeframe (Long-Term): Here we have the fundamental factors including the 4-hour and daily timeframe in the weekly timeframe which is building a huge constituitve range with a higher range boundary and coherent resistance and a lower range boundary with coherent support which needs to behold for a possible reversal and continuation, below the support level is a highly bearish zone for DXY. We have an uprising support line which you can see marked in grey, it is within the likely spectrum that we reach that line, from that level we need to confirm a stabilization in the price for a bullish outlook otherwise when DXY falls below that level it will be bearish and the next important target will be aimed at the support level at 88.7 which you see marked with the orange line in my chart. In this manner, thank you for watching, support for more market insight, have a good time and all the best! There are many roads to prosperity in the modern economy, but one must be contemplated. Information provided is only educational and should not be used to take action in the markets.
TVC:DXY
by VincePrince
1
EURUSD, All Targets Have Been Reached Rightly, Next Steps Ahead!Hello Traders Investors And Community, welcome to this update-analysis about the recent price-action, the current formation and where we can sustain further with EURUSD. The targets which I mentioned in analysis about the breakout and confirmation of EURUSD all have been reached right now, the best way to trade this setup was with the conservative approach after the upper boundary of the triangle confirmed. Both targets, the short-term and the middle-term-targets have been reached, if you did not see this analysis already I highly recommend it when going to the EURUSD section on my account. At the moment I discovered some enthralling signs which will determine the further outcome profoundly, therefore we are looking at the 4-hour timeframe. The direction and breakout described in EURUSD (4-hour timeframe): As we have reached the middle-term-target this is also an important resistance at the moment, because of this fact we get the loading bearish pressure that EURUSD currently shows in this area, therefore we can expect some more bearish downside the next time as long as EURUSD stabilizes at support or falls more. The next significant support in the next structure is the once been resistance which is now support at the 1.1 level, it is also coherently the short-term-target which I encountered and was reached in the overall uptrend. Therefore this zone is building a coherent bullish support-cluster together with the 800-EMA you can see in orange, adding these all together we have some good increasing likelihood for a bounce in this area. Overall the current major uptrend isn't at its peak with the given information therefore there is still some room to move higher, this however needs to be confirmed properly. At first we need to see a stabilization in price at the support and after that a clear cross of the 1.114 level to move higher, when this happens and we do not get more bearish pressure action which will move the price to the ground, the target which you see in my chart at 1.126 will be activated with a high possibility given. A clear break of the current resistance can be traded with a conservative entry, the more aggressive approach will be to enter a position when EURUSD touched in the support-cluster, traders should decide according to own risk-preferences. Thanks for watching everybody, support for more market insight, you can also add in my social media, good day everybody, and all the best! Information provided is only educational and should not be used to take action in the markets.
by VincePrince
8
NFLX, Breakout Of The Triangle, Aiming For Targets In The Range!Hello Traders Investors And Community, welcome to this important analysis about the current price-action situation within NFLX, it is clearly one of the profiteers of the corona-crisis as people staying at home in the lock-down and watching netflix-series. It is a good thing to relax especially in the current crisis where there is so much time left on the hand and nothing to do. So anyway this should not be a recommendation from my side but it is a growing economic field in the current crisis which shouldn't be ignored similar to the retail business like amazon or alibaba. On the technical side, I discovered some important bullish signs which made it clear that NFLX will develop some more moves to the upside, as it is at an all-time-high-level we are looking at the weekly perspective. As you can see marked in my chart with the blue lines netflix just broke out a major ascending triangle which you can see marked with the blue lines in my chart. Netflix saw some good volume which confirmed the overall breakout and activated the target at the 580 level marked in green. This is the overall triangle target we have in the structure and it will also be the new all-time-high. To confirm it regularly we need to confirm the upper boundary of the ascending triangle, in this range we also have support from the 50-EMA, therefore, it is building a coherent bearish confluence-cluster in this range which you can see marked with the orange box in this level. After the triangle target has been reached which is highly possible at the moment we need to see how NFLX develops further and if we can manage to climb above the triangle target and continue with its established uptrend. When we get some serious bearish pressure signs in that level it will be a interesting consideration to open up a short in this area otherwise the overall shape in trend is still in the direction upwards. The confirmation of the triangle can be used as a good conservative entry point to aim for the overall triangle target, otherwise the more conservative approach will be after we formed another high with good volatility after the triangle confirmed. This price-movement in NFLX which we see here is anticyclical to the vast rest of the market because we established already an all-time-high in NFLX here. As I pointed out already in recent analysis there are gainers and losers in the current crisis and when considering something on the long-side we need to search to the truffles and hidden guesses we have in the market. It makes no sense to buy something which is cyclical with the market and don't profits from the current crisis like airlines which one of the smartest investors, warren buffet just sold recently. Therefore we should not fall for the illogical speculative approach like many people these days and look for stocks with a solid fundamental and technical base like NFLX in this case. Thanks for watching everybody, support for more market insight and all the best! Information provided is only educational and should not be used to take action in the markets.
NASDAQ:NFLX
by VincePrince
7
BABA, Moving In Major Channel, Potential To Sustain Further!Hello Traders Investors And Community, welcome to this analysis about the current situation within BABA a stock which I detected in my observation and at the moment providing interesting and worthful signals which can prove profitable to keep in the schedule. As one of the major online retail traders beside amazon, it is a big profiteer of the current corona-crisis as the digital economy experiences an overall boom-phase and more and more people buying things online because of the corona-restrictions and beside it is more convenient as to go in a physical shop. These factors can show positive but this is the fundamental side, on the technical side we have also some meaningful indications right now, therefore we are looking at the locally 4-hour timeframe. As you can see in my chart BABA is moving in a major rising uptrend channel where the price confirmed the 300-EMA which you can see marked in blue in my chart, overall we have some good support at the moment in that level which can provide a basis for further increase minimum on the short scale basis. What is adding to this scenario is that BABA has some gaps higher within the structure which looking for a gap-fill with liquidity providing volume at this price-range. Adding the exceptional support-cluster and the gap-fill-potential we currently have together we have a decent high probability to follow through with some upward-moving price-action similar as you can see it marked in my chart. After the gap got filled we need to see and examine how the volatility was within the gap-fill, when we saw some good volatility also BABA has the potential to increase further when it confirms the proper support in the structure when this happens and we can stabilize here BABA will firstly test the short-term-resistance which you can see marked in my chart at the 220 level, this will be a major test because it is still important resistance but when BABA succeeds and maybe manages to hold this level there will be the test of the next higher resistance at 230 remainings. Remember that we need to see the proper confirmation before we can look for these levels as targets, firstly it is highly possible that we will fill the gap before we can consider the other targets as reasonable. In the bigger picture, BABA is moving in an overall upward consolidation range here which can be bullish when we hold the range and gain support further. The fact that BABA is a major online retail trader gives a more bullish edge on the fundamental side of things which can be an indication for price increase, although BABA is not that big like amazon it is profiting from the crisis which needs to keep in mind. This theory is playing together with the technical side therefore it will be interesting how BABA develops further. On the reverse side it is important to hold the support otherwise when we fall below the rising channel it can provide bearish pressure which will drag the stock down, in this case, a good exit scenario as most often is the best decision. Thanks for watching everybody, support for more market insight and all the best! Information provided is only educational and should not be used to take action in the markets.
NYSE:BABA
by VincePrince
13
NZDUSD, Dobble Bottom Building, Confirmation Will Point Target!Hello Traders Investors And Community, welcome to this analysis about the current situation within NZDUSD and what the recent events can tell us about the ongoing outcome we can expect from NZDUSD the next time. In my observations, I discovered some interesting and significant signs which made it clear in which direction NZDUSD will go further. Therefore we are looking at the locally 4-hour timeframe. As you can see in my chart marked with the cyan circles NZDUSD has built a major dobble bottom at the 0.591 level. We had some good volatility after we touched this level which catapulted the price to the actual condition. At the moment we NZDUSD confirmed the important 500-EMA as resistance therefore we can expect a correction the next hours and days to test the local support level which you see marked in my chart as possible support before moving upward higher. After the support has confirmed successfully NZDUSD needs to take out the resistance which is building coherently out of the 0.615 resistance in grey and the 500-EMA in blue. Remember that when we take this level out and confirm it as support the dobble bottom we have in the structure here will be fully confirmed and it will activate the overall full-dobble-bottom-target you can see in my chart marked in black at the 0.64 price-level. At the moment the current situation is a good opportunity for trading NZDUSD on the long-side, the overall setup can be traded aggressively or conservative. The aggressive approach will be to open trade before NZDUSD has confirmed above the higher resistance at 0.615 which will give good upside potential but higher risk, the conservative approach will be after NZDUSD has confirmed above the resistance at 0.615 which will provide a safer trade setup, traders have to decide according to individual risk-preferences. In this manner, thanks for watching everybody, support for more market insight, and have a good weekend! ;) Information provided is only educational and should not be used to take action in the markets.
by VincePrince
5
PALLADIUM, Trading Near A-T-H, Targets Ahead When Confirmed! Hello Traders Investors And Community, welcome to this analysis where we are going to look at palladium, its price-action, and what we can expect from the future hours and days. It is one of the important metals and therefore a demanded exchange good in today's global economy. In my observations, I found some important and significant signs which will affect the price further and determine its outcome, therefore we are looking on the locally 4-hour timeframe. As you can see in my chart palladium currently trades in a huge triangle which you can see marked in blue in my chart in which we have good bullish volatility and support at the moment which indicates a highly possible breakout to the upside as you can see the arrows marked in my chart. At the moment the bullish scenario is more likely because we have strong support in the range and has some good bullish volume but also we are still trading in a big correction that isn't completed yet. After the triangle has confirmed properly we can expect palladium to test its higher levels, firstly it will be the middle line of the channel as you can see it in my chart when the price and trend stay stable in this region we can expect palladium to move higher at least testing the higher boundary of the uptrend channel and the all-time-high, as you can see the all-time-high is just slightly below the overall triangle target when this target is finally reached it can provide a new all-time-high which will be extremely bullish and can catapult palladium to next highs. Remember that this scenario has to be confirmed properly, first we have to break the upper boundary with good volatility and close above the 600 and 800-EMA which you can see marked in my chart in light and dark blue. To wait on the right confirmation is the best option wise traders can do in today's market environment, otherwise, trading half-cooked and speculative setups can lead to unsatisfying results therefore it is important to always look and trade the best possible setups which today's market environment can provide to us. Thanks to everybody for watching, support for more market insight, and all the best! The ambition to transform opportunity into gold remains the most significant tool for a trader. In this manner: FAREWELL Information provided is only educational and should not be used to take action in the markets.
TVC:PALLADIUM
by VincePrince
3
USDJPY, Develelops Rising Wedge, Target Ahead When Confirmed! Hello Traders Investors And Community, welcome to this analysis about the current situation is USDJPY and where we are heading further with price-action, I found some significant signs and signals which will determine the further outcome of USDJPY, at the moment it is still trading in an uptrend but this can change dramatically as the uptrend is weakening. Therefore we are looking at the 4-hour locally timeframe. As you can see in my chart USDJPY is trading in an overall weakening uptrend on the middle-term which is building an excellent rising wedge at the moment, with already three touches of the lower boundary and two touches of the higher boundary. Such formations almost always break to the downside with a high percentage probability and as we are in a weakening uptrend this probability increases highly within the current situation facing USDJPY. There is still a third touch of the upper boundary remaining which you can see marked in my chart, after this touch it is heavily possible that we will get a reversal there which will catapult us outside the wedge to the downside. As you can see this whole scenario needs to be confirmed with a break of the lower boudnary as marked in my chart, when this happens the target at 106.5 which you can see marked in orange will be activated. At the moment this is an optimal textbook opportunity for trading USDJPY on the short-side but even though this is a high possible short-setup there is still a little percentage possibility remaining that it will break to the upside, in this case, it is the smartest option to wait for the confirmation like marked in my chart to set up the short there will be still huge profit potential left. After this scenario has confirmed completely we need to elevate and watch if USDJPY manages to hold the support and form a support or more downside is expected. Alright, thanks to everybody for watching, support for more market insight, and all the best! The ambition to transform opportunity into gold remains the most significant tool for a trader. In this manner: FAREWELL Information provided is only educational and should not be used to take action in the markets.
by VincePrince
5
EURUSD, High Volatellity In Range, Tagrets Ahead When Confirmed!Hello, Traders Investors And Community, welcome to this analysis about the current structure and price-action we can watch in EURUSD, there are some interesting signs which I discoffered in my obersavtion which makes it clean that EURUSD will determine its targets when confirmed. Currently, we see high volatellity which can be an indication for a breakout sooner or later, we are looking at the locally time-frame. As you can see in my chart marked with the blue trend-lines EURUSD is building a massive triangle here between the 1.06 and 1.11 price-level, there were some good trading opportunityes when trades took advantage of the overall up and down-swings in the range. The last time we saw a high voaltile bullish move to the upside after bunncing at the lower boundary of the triangle, such volatellity is often a reasoned sign for a possible break to the upside when EURUSD manages to hold the volatellity till the overall triangle is confirmed. Currently we have still resistance above which has to be taken out for the proper breakout and arctivation of the targets you can see in my chart, the resistance consists of the 400 and 600-EMA you can see in my chart marked in blue and orange and also the higher boundary of the tirangle which is signaling an significant point of resistance here, therefore it is within the high likelihood spectrum that we see a pull-back to the lower boundary of the triangle like marked in my chart before we move up and finally confirm it. The overall formation and possible breakout can be traded conservative or aggressive, the aggressive approach will be after the price confirmed at the lower boundary and the conservative approach after the confirmation of the triangle, traders should decide which one to take when considering the individual risk preferences, in this case the aggressive approach offers a good risk reward when stop-loss is placed below the 1.076 level this will provide a tight stop with huge profit-potential in the upside to come. Alright, thanks to everybody for watching, support for more market insight, and all the best! The ambition to transform opportunity into gold remains the most significant tool for a trader. In this manner: FAREWELL Information provided is only educational and should not be used to take action in the markets.
by VincePrince
12