Disney About to Give it Up! | $DIS SHORTLooks like the moment of truth for Mickey & Co.
I have been covering this one for a long time, with numerous mentions that Disney is a sell / short.
How low this thing will go, we do not know. Right now I am comfortable saying, -50% is probable.
While there are many factors in play, the broader economy is weak and Disney has done nothing but push people away with their radical political positions. Additionally, the destruction of "woke" mob is unfolding before our eyes.
Short Disney. Make Money.
If this changes, I will update.
Shortsetup
ATH XAU is getting closer !! will it reach 2550 ??⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) is under pressure on Friday due to a stronger US Dollar (USD). Positive US growth data and lower Initial Jobless Claims have reduced expectations for a significant rate cut by the Federal Reserve (Fed) in September, weighing on gold. However, rising geopolitical tensions in the Middle East and the ongoing Russia-Ukraine war may increase safe-haven demand, supporting gold prices.
Investors are watching US inflation data for clues on the Fed's rate cut decision. The core Personal Consumption Expenditures (PCE) Price Index, the Fed's preferred inflation measure, is expected to rise 2.7% YoY in July, slightly up from 2.6% in June. A softer-than-expected PCE could prompt the Fed to begin a rate-cutting cycle, which would be favorable for XAU/USD.
⭐️ Personal comments NOVA:
The bulls are still dominant, trying to surpass the old 2531 ATH zone. NOVA is still waiting for September - the end of August will continue to sideway and adjust downwards.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2507 - $2509 SL $2503 scalping
TP1: $2515
TP2: $2522
TP3: $2531
🔥BUY GOLD zone: $2483 - $2485 SL $2478
TP1: $2495
TP2: $2502
TP3: $2510
🔥SELL GOLD zone: $2548 - $2550 SL $2555
TP1: $2540
TP2: $2530
TP3: $2520
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
GET READY TO SHORT DAX/GER30 OR 40Good evening to everyone,
We have not seen a beautiful pricing like this for a while.
We found good opportunity once the price hit 18933 to short, with stop loss at 18977
Target 1 18889
Target 2 - 18819
Target 3 - 18761
Please note, once the price hit first target, take some partial profit, trail stop loss to 18937 then continue to focus on second target and so on.. any strong trend pull back then get out.
Attempt to break ATH XAU at the end of August 2024 ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
However, the rising demand for the US Dollar (USD) could pressure Gold prices, as a stronger USD makes Gold more expensive for buyers. Investors will be watching Thursday's second estimate of US GDP for Q2 to gauge the potential size and timing of the Federal Reserve's (Fed) rate cut. On Friday, attention will shift to the US Personal Consumption Expenditures (PCE) Price Index data for July.
⭐️ Personal comments NOVA:
Still continuing sideways in the price range of 2480 - 2530, stabilizing liquidity in this area. NOVA thinks it will take time until early September for gold to continue to create a new ATH this year.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2485 - $2483 SL $2478
TP1: $2490
TP2: $2500
TP3: $2510
🔥SELL GOLD zone: $2548 - $2550 SL $2555
TP1: $2530
TP2: $2515
TP3: $2500
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
NVDA New ATH Inbound Technical reasons for a move to the upside are as follows 1 - 1 Fib Extension gives us $155
TR Pocket pull gives us $154 - $157 for more confluence, and finally we have Pivots at $152. All aligning in the same region I expect price to eventually gravitate to the upside . Not necessarily all on earnings day but never say never . Market structure is also in a bullish uptrend HTF. With that in mind we have these strong technicals/confluence to expect all time highs to be taken out $140.76.*ATH come Earnings Release.
I dont advocate blindly longing up here though as the last opportunity to long was back in July but if you trade the INDEX Futures then you can use this as a potential compass into taking a Long * NQ for example .
I dont look at Fundamentals but it was brought to my attention that the CEO has been selling vast amounts of stock which is publicly displayed if you care to investigate .
So its possible that he knows something that we dont and maybe the results that are announced tomorrow dont meet expectations .
if thats the case then of course be prepared for a move to the downside before continuation to the upside but bear in mind that NVDA have beaten expectations 4 X previously and have lucrative partnerships in the tech space and AI is still in its infancy so anything can happen . I remain bullish on the sector and NVDA especially
Results are announced after market close Wed 29
Share and Like to support my work
Sideway accumulation - XAU around 2500⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) dipped on Tuesday as the US Dollar showed modest recovery. However, Jerome Powell’s hint at Jackson Hole about potential rate cuts could lend support to the precious metal, as lower interest rates make gold more attractive. Rising tensions in the Middle East may also boost gold’s appeal as a safe haven.
China's central bank (PBOC) paused gold purchases for the third consecutive month in July, raising concerns. Traders are eyeing August data for new clues, but worries over China's sluggish economy and declining demand for precious metals could weigh on gold prices.
On Tuesday, the US will release its Consumer Confidence and Housing Price Index data, with the focus later in the week on GDP and PCE figures.
⭐️ Personal comments NOVA:
Gold price is still in an Uptrend in the long term, still needs additional sideways accumulation to create force to reach a new higher ATH.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2494 - $2496 SL $2491 scalping
TP1: $2502
TP2: $2508
TP3: $2515
🔥BUY GOLD zone: $2484 - $2486 SL $2479
TP1: $2495
TP2: $2502
TP3: $2520
🔥SELL GOLD zone: $2545 - $2547 SL $2552
TP1: $2538
TP2: $2530
TP3: $2520
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
USDJPY 1H Big Push-Down is Coming !?!?
USDJPY 1H local trend might start pushing down alongside with the strong down-trend at higher timeframes, after the green 1H supply zone has been reached today.
For that to happen, we need a downward confirmation signal Break of Structure(BOS) to emerge first, which is at level 144.229. Two rough scenarios have been drawn on the chart, we need to be patient for the BOS in order to seek Short opportunities later on. This push can potentially go to the Daily low targets at 141.684 or 140.249 (seen clearly on Daily chart).
The "Caution Level" at roughly 145.645 indicates a potential trend reversal signal once it's broken, new USDJPY analysis will be made at the time.
CHANGE OF CHARACTER + RETEST = BIG SELLHello everyone, hope we are all doing okay !
Just as the heading of this setup states, price Just changed character and is currently retesting the Order block it sold to this point from.
I'u be expecting sells during London session tomorrow after I've gotten proper confirmation... Just bringing this setup to your attention in case you're monitoring other pairs.
Don't forget to use proper risk and money management before taking any trades.
NTFLX - Waiting For Key Level TestAs the titles implies, NETFLIX is waiting for a KEY LEVEL TEST before making large moves.
It has recently broke through several ranges to the BUY SIDE, showing it has lots of BULLISH movement. This can be seen with the LARGE VOLUME BULLISH CANDLES that followed after hitting one of the SUPPORT LEVELS, where it created high volume with NO RANGES, further proving it's high volume of buys.
What I'm looking for now is a retest of the resistance level where i'd like to see large volume SELL SIDE, or a bounce off the SUPPORT level, where I would look to exercise buy positions
Prepare to short US30 - read belowTeam, I am preparing to short US30 once the price pull down toward 41165, then I would set stop loss at 41260 with target at 40930-40876
Option 2 - If the US continue uptrend, wait until it hit 41230 ranges, then SHORT, with stop loss at 41285, while target at 41115, then 40930.
DYOR
PMI - revised, cumulative below 2500 ! XAU / USD ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) held firm above the $2,500 mark during the Asian session on Thursday, staying near the record high reached earlier this week. On Wednesday, data revealed that US job growth over the past year was weaker than initially estimated, and the July FOMC meeting minutes showed that several officials supported an immediate rate cut. This strengthened expectations for the Fed to start easing its policy in September, which pushed the US Dollar (USD) to a new low for the year and provided a boost to gold.
Investors are now seeking more clarity on whether the weaker US labor market might justify a larger rate cut next month. This makes Fed Chair Jerome Powell's upcoming speech at the Jackson Hole Symposium crucial for influencing the USD and gold's direction. Meanwhile, the risk-on sentiment is capping further gains for gold, though ongoing tensions between Israel and Hamas could limit any downside. Traders are also keeping an eye on global PMIs and US macro data for short-term opportunities.
⭐️ Personal comments NOVA:
almost 100% sure, in September 2024 the FED will cut interest rates, the sentiment is very optimistic about the market. Before the price continues to create ATH, it is necessary to get more liquidity in the area below 2450 - 2500
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2477 - $2475 SL $2470
TP1: $2485
TP2: $2500
TP3: $2510
🔥SELL GOLD zone: $2510 - $2512 SL $2516 scalping
TP1: $2505
TP2: $2500
TP3: $2490
🔥SELL GOLD zone: $2550 - $2552 SL $2557
TP1: $2540
TP2: $2530
TP3: $2520
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest