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BUYS For the Markets. Wait for BUYS in Gold and Silver.In this video, we will analyze the S&P 500, NASDAQ, DOW JONES, Gold and Silver futures, for the week of May 5 - 9th. The Indices are moving higher, and it's buys until they are not. Simple. Gold is near potential support at 3201. This may present a great buying opportunity once the lows are swept. A weakened USD will help this cause. Silver has made a bearish market structure shift (MSS), so buys are not yet on the table. If it disrespects a Daily -FVG, then sells are warranted. It is considerably weaker than Gold. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME_MINI:MES1!
by RT_Money
2
Weekly Market Wrap Nifty, Mid & Small Caps, and S&P 500 OutlookNifty ended the week on a strong bullish note, closing at 24,346, up by 307 points from the previous week. The index traded within a tight range, hitting a high of 24,589 and a low of 24,054, aligning perfectly with my projected range of 24,650–23,400. 📌 Key Technical Levels to Watch: Nifty closed just below a crucial Fibonacci resistance at 24,414. A daily close above 24,414 next week could open the door for a sharp move towards the next major resistance at 24,770. While my system suggests a broader range of 24,900–23,800, I personally hope for a healthy consolidation to cool off some momentum—paving the way for a stronger, faster rally in the coming weeks. Caution Zone: A break below 23,800 might signal the return of bears, potentially dragging the index down to test critical support at 23,200/23,100. Midcap & Smallcap Watch: I’ve received a lot of queries about Midcap and Smallcap indices, and here’s the honest truth—they remain in a 'no-trade' zone. Despite Nifty's strength, the rally hasn’t lifted most Mid & Small Cap stocks. 👉 Investors holding quality, fundamentally strong stocks in these segments should stay calm, but avoid high PE or overvalued stocks until we get a clear monthly buy signal on the charts. 🌍 Global Markets – S&P 500 Analysis: The S&P 500 closed the week at 5,686, just above the strong Fibonacci level of 5,637. Sustaining above this level could lead to a rally toward 5,770/5,821. However, a failure to hold this support might trigger a 2–3% pullback, which could ripple across global markets, including India. 📣 Bottom Line: Nifty bulls need a close above 24,414 to push higher. Mid & Small Cap space remains tricky—stay selective. Watch global cues, especially from the US, for broader market direction. Stay nimble, stay informed. ✅
NSE:NIFTY
by ssudhirsharma11
SPY Green Light to All Time Highs?As VIX is sitting around 25, this is the first Monday in I can't remember how long we aren't gapping down at open! I'll take it! There is a ton on the calendar this week: jobs, first print for Q1 GDP, PCE, ISM mfg, and a ton of consequential earnings! Not to mention will we get a couple deals announced this week. Feels like India, UK and Japan are close. This could spur a market rally to continue! Did a ton of work on Elliott this weekend, but didn't create a video. Essentially, since we closed in the wave 1 of the red C leg (on daily and weekly basis), we have invalidated a chance of a fifth leg lower (thank God!). This means we are in first impulsive intermediate 5 wave that should go to all time highs (next Apr)! Since we already have two minute impulsive waves that were similar in size, we likely will finish the minor wave 3 as pictured and then since 1 & 3 of minor waves will be similar in size the impulsive 5 wave target will be as pictured as well. Remember it is simply the net of waves 1 through 3 times 0.618 and add that to the finish of wave 4 in either case. After wave 3, we will get a pullback, but this will be a buy the dip opportunity finishing the 5th wave around 580ish. After this we will get a deeper corrective wave but if sentiment is positive it may be shallow, only 38% to 50%, so will want to re-evaluate at that point! This is why it is important if you are investing not to FOMO, as there will be many opportunities to buy the dip!
AMEX:SPYLong
by KingTrading999
Nifty Wkly Market Outlook: Bulls Regain Momentum Amid key brkoutThe Indian benchmark index Nifty 50 ended the week on a strong note, closing at 24,039, marking a robust gain of nearly 200 points from last week's close. During the week, Nifty made a high of 24,365 and a low of 23,847, trading perfectly within the anticipated range of 24,414 – 23,200, as projected in our previous analysis. Importantly, the index managed to secure a weekly close above the psychological resistance level of 24,000, signaling a possible continuation of bullish momentum. As we head into the next trading week, the bulls are expected to have the upper hand, provided Nifty stays above 23,700. A daily close below 23,700, however, could shift sentiment in favor of the bears, exposing key support zones at 23,400 and 23,200. Looking ahead, traders and investors should watch for price action within the broader range of 24,650 to 23,400. If the bulls manage to break and sustain above the critical Fibonacci resistance level of 24,414, we could see an upside move toward 24,650 and even 24,770. On the global front, the S&P 500 index also delivered a strong performance, closing at 5,525, up a significant 250 points from the previous week. As highlighted earlier, the bullish W pattern on the charts has played out well, driving momentum higher. If the S&P 500 sustains above the key breakout level of 5,551, it could potentially rally further to test resistance at 5,638, 5,670, and 5,715. However, a break below 5,391 may invite selling pressure, dragging the index down to test supports at 5,368, 5,327, or even 5,246, which could trigger a negative ripple effect across global markets. Key Takeaways: Nifty bullish above 24,000; watch 24,414 for breakout confirmation. S&P 500 bullish continuation above 5,551; potential to test 5,715. Bearish reversal levels to monitor: 23,700 for Nifty and 5,391 for S&P 500.
NSE:NIFTY
by ssudhirsharma11
INTEL DROP --- FIELD COMM LOG #02242025🪖 WAR ROOM DISPATCH — FIELD REPORT FROM CAMP JARVIS & CAMP LIVERMORE Date: 4/24/2025 Status: STANDBY Volume: Normal Current Order: HOLD ⚔️ SUMMARY OF ENGAGEMENTS – LAST 30 DAYS The battlefield has been blood-red. Abnormal reactions litter the map. Morale was tested—but our troops never broke. The Red Army pushed hard, exploiting weakness, creating chaos. Yet we held. 📍Camp Jarvis Coordinates: 115.10 ☑️ Status: HOLD 📈 Trend: UPTREND 📊 ATR: Tightening (3.39) 🟩 Zone: Top of box: 115.10 | Bottom: 86.62 📢 Latest: “We’re nearing breakout. Position secure. Scouting volume now.” Jarvis is seeing a shift—momentum is whispering beneath the soil. There's life stirring. But RSI is low (sub-45). This isn't the time for heroes—it’s a time for patience. Let the weak exhaust themselves. 📍Camp Livermore Position: Natural Reaction Zone ☑️ Status: HOLD 📉 Trend: Weak uptrend but too early to act 🔄 Recent movement: Mixed signals, sporadic action, no confirmation. Livermore's forces are strong in discipline, but not yet in numbers. They report: “Volume’s stable, but not convincing. We’ll move when the field confirms it—not before.” 📛 INTEL WARNING The maps are clear—we are not in breakout yet. There’s a false calm in the air. Do NOT chase. Do NOT preempt. This is how armies get slaughtered in the fog. 💡 Key Quote from Command: “The Red Army still has strength. We’re holding—but holding isn’t winning. We wait for the flinch. The break. The rally cry. That’s when we move.” 🎖️ Current Position: HOLD 🛡️ Camp Jarvis: Monitoring breakout zone 🧭 Camp Livermore: Awaiting troop confirmation 📉 RSI low, Trend early 🔕 No All-Signal-Go confirmed 🚨 Mixed Signals = DO NOT ADVANCE The war is not over. But neither are we.
NASDAQ:NVDA
by dburgos0127
1
Nifty Closes 1000 Points Higher – Will It Catch Up with BNFIn a strong move, Nifty 50 surged by 1000 points to close at 23,851, compared to last week’s close. The index made a weekly high of 23,872 and a low of 23,207. As highlighted in last week's analysis, a breakout above 23,400 could push Nifty toward 23,900 — a target it missed by just 23 points. However, an intriguing divergence has emerged between Nifty and Bank Nifty. While Bank Nifty has scaled a new all-time high, Nifty still trades significantly below its previous all-time high of 26,277. This sets the stage for an interesting dynamic: Will Nifty rally to close the gap, or will Bank Nifty face a correction? What to Expect Next Week? For the upcoming week, Nifty is expected to trade in a range between 23,200 and 24,414. Despite the bullish signals on the daily and weekly timeframes, the monthly chart remains weak, indicating that volatility is likely to persist until a broader trend confirmation. S&P 500 Outlook: Bounce or Breakdown? The S&P 500 index saw a mild pullback, closing around 80 points lower from the previous week’s close of 5,363. Our “sell on rise” strategy mentioned last week worked well, as the index dipped post-rally. Now, things get technically interesting. On the weekly chart, the S&P 500 is forming a potential bullish W pattern and an inside bar. A breakout above the previous week's high of 5,481 could trigger upward targets of 5,551, 5,637, and 5,679. However, on the downside, a break below 5,115 would reintroduce bearish pressure, which could have negative ripple effects across global markets. Key Market Takeaways: Nifty 50: Strong rally, but still below ATH. Watch 23,200–24,414 range next week. Bank Nifty: At ATH, diverging from Nifty – crucial to monitor. S&P 500: At a technical crossroads – potential for breakout or breakdown
NSE:NIFTY
by ssudhirsharma11
SPY Weekly Options Trade Plan 2025-04-15AMEX:SPY SPY Weekly Analysis Summary (2025-04-15) Below is an integrated view of the models’ findings: ───────────────────────────── SUMMARY OF MODEL KEY POINTS • Grok/xAI noted that on very short timeframes the price is a bit below key 5‑minute EMAs and near lower Bollinger Bands—with RSI and MACD giving mixed signals—but on the daily chart some bullish features (price above the 10‑EMA, a slight MACD bullish grace, and a max pain level at $549) hint at a potential mean reversion. Their “if forced” ramp suggested a call at the $549 strike, though overall confidence was low (≈55%). • Gemini/Google’s report highlighted conflicting technical readings – the M5 setup looked bearish while the daily chart showed a little bullishness. Their integration of high but falling VIX and options open‑interest levels led to an overall neutral/unclear reading. Their recommendation was to refrain from entering a directional trade at open. • Llama/Meta leaned toward a moderately bearish reading based on the short‐term indicators (price below key EMAs, bearish MACD on both charts) despite some daily support. They specifically recommended buying the $537 put option (even though the premium is higher than the “ideal” $0.30–$0.60 range) with a target profit roughly 50% above the cost and a stop when SPY breaches an upper resistance level—backed by a 70% confidence level. • DeepSeek also synthesized mixed timeframes – pointing out that while the market holds some daily support, the intraday picture is muddled by technical conflict, expensive premium costs for the moves required, and time decay factors. Their view was to wait rather than initiate a new position. ───────────────────────────── 2. AREAS OF AGREEMENT AND DISAGREEMENT • Agreement: All reports recognize that SPY (about $537.61) is trading near key short‑term support levels with significant options OI clustering. The falling VIX is universally noted as a positive sign for reducing fear even though overall volatility remains high. • Disagreement:  – Grok’s report and to some extent the daily charts hint at a slight bias to the upside (supported by max pain at $549), suggesting a potential call wing trade.  – In contrast, Llama/Meta’s analysis and the very short‐term indicators (M5, lower Bollinger band, bearish MACD) point toward a bearish bias, recommending a put trade.  – Both Gemini/Google and DeepSeek, however, find the technical signals too mixed to have high confidence in initiating any naked single‑leg weekly option trade at open. ───────────────────────────── 3. CLEAR CONCLUSION • Overall Market Direction Consensus:  The models collectively paint a picture of uncertainty. There is no clear, high‑conviction directional bias at the open. The short‑term (intraday) technicals lean bearish or at best neutral, while the daily chart and max pain argument hint at a potential slight mean reversion. Given these conflicting signals, the overall market direction remains neutral/unclear. • Recommended Trade:  Based on the clash in opinions—only one model (Llama/Meta) would go short (with puts) while two models (Grok/xAI and Llama/Meta) suggest if forced a trade—and given that the majority (Gemini/Google and DeepSeek) advise against trading in the current conditions, the consensus is not to enter a new weekly options position at the market open. – Strategy: Single‐leg, naked options (calls or puts)  – Expiration: Weekly options only (expiry April 17, 2025)  – Premium: Trading ideal premium range is $0.30–$0.60, but neither candidate in the call nor put space meets all our criteria with high conviction  – Entry Timing: At open would be the plan if a trade were to be placed  – Confidence: Overall confidence in any trade is low (<60%) • Key Risks and Considerations:  – The short‑term technical indicators (lower EMAs, bearish M5 MACD, tight Bollinger bands) could trigger a whipsaw if SPY moves sideways or reverses abruptly.  – The high but falling VIX signals that although volatility is subsiding, levels remain elevated.  – Time decay (theta) on weekly options is significant at the open, and the probability of a strong directional move is diminished without further confirmation during the session.  – Conflicting signals between daily trend (some bullish pointers) and intraday behavior reduce the reliability of a directional play. ───────────────────────────── 4. FINAL RECOMMENDATION Given the model consensus with mixed and conflicting signals, the recommendation is to NOT trade weekly SPY options at market open today. ───────────────────────────── TRADE_DETAILS (JSON Format) { "instrument": null, "direction": null, "strike": null, "expiry": null, "confidence": null, "profit_target": null, "stop_loss": null, "size": null, "entry_price": null, "entry_timing": null } Disclaimer: This newsletter is not trading or investment advice but for general informational purposes only. This newsletter represents my personal opinions based on proprietary research which I am sharing publicly as my personal blog. Futures, stocks, and options trading of any kind involves a lot of risk. No guarantee of any profit whatsoever is made. In fact, you may lose everything you have. So be very careful. I guarantee no profit whatsoever, You assume the entire cost and risk of any trading or investing activities you choose to undertake. You are solely responsible for making your own investment decisions. Owners/authors of this newsletter, its representatives, its principals, its moderators, and its members, are NOT registered as securities broker-dealers or investment advisors either with the U.S. Securities and Exchange Commission, CFTC, or with any other securities/regulatory authority. Consult with a registered investment advisor, broker-dealer, and/or financial advisor. By reading and using this newsletter or any of my publications, you are agreeing to these terms. Any screenshots used here are courtesy of TradingView. I am just an end user with no affiliations with them. Information and quotes shared in this blog can be 100% wrong. Markets are risky and can go to 0 at any time. Furthermore, you will not share or copy any content in this blog as it is the authors' IP. By reading this blog, you accept these terms of conditions and acknowledge I am sharing this blog as my personal trading journal, nothing more.
AMEX:SPY
by quantsignals
1
SPX Fractal Expansion: New Highs Ahead Despite FearAs of April 14, 2025, the CBOE:SPX is exhibiting a clear fractal expansion, suggesting the beginning of a new bullish leg. The recent correction, which caused widespread panic, appears to have completed a fractal cycle reset, with price respecting historical support near 4704 and forming a new fractal edge around 5300. Despite the fear-driven selloff, momentum indicators like RSI and MACD show signs of bottoming, and volume surged on rebound days, confirming strong institutional buying. The price is now testing temporary resistance at 5878, with a path open to reclaim all-time highs (6100+). Global & Technical Tailwinds Technical momentum is recovering across timeframes, with positive divergence on stochastic oscillators. Breadth is improving: More stocks are participating in the rally, reflecting internal strength. Sentiment has flipped: The VIX has cooled from panic levels (above 45), and investor fear is easing. Macro support: Inflation is declining, and central banks are signaling potential rate cuts by late 2025. Earnings outlook remains solid, and analysts forecast SPX to end 2025 around 6500–7100. 🔍Conclusion The SPX is carving out a fractal mirror of past bullish reversals, reinforced by strong macro and technical context. Barring unexpected shocks, the index is likely to break above resistance and push toward new highs, even as residual fear lingers. The setup favors buying dips within this emerging structure.
SP:SPXLong
by insidermike
Nifty50 Wkly Anlysis – Strong Reversal, But Volatility AheadThe Indian stock market closed the week on an interesting note. The Nifty 50 index ended at 22,828, just 70 points lower than last week's close, after forming a significant bullish reversal from a low of 21,743 to a high of 22,923. As we mentioned in last week's market outlook, a base formation was underway—and this week's price action confirmed it. With the next week being truncated due to market holidays on Monday and Friday, traders should expect increased volatility and sideways movement. Key Technical Levels: Support: 22,200 – This is 50% of this week's candle; a break may bring bearish momentum. Resistance: 23,400 – A close above this could ignite a rally toward 23,900, 24,100, and possibly 24,414. On the global front, the S&P 500 respected the 4,800 support level, rebounding sharply to close at 5,363. However, underlying market weakness remains, so it's a sell-on-rise situation in U.S. equities. Pro Tip: Indian investors should keep an eye out for quality, fundamentally strong stocks. Any correction in the market may offer excellent long-term buying opportunities.
NSE:NIFTY
by ssudhirsharma11
SPY S&P 500 ETF Potential W-Shaped Recovery Forming We may be witnessing the formation of a W-shaped recovery on the SPY (S&P 500 ETF) – a classic double-bottom structure that often signals a strong reversal after a period of correction or volatility. Let’s dive into the technicals and what this could mean in the sessions ahead. 🔍 The Technical Setup: SPY recently tested key support around the $485-$500 zone, bouncing off that area twice in the past few weeks. This gives us the left leg of the W and the first bottom. After a modest relief rally to ~$520, we saw another pullback – but this second dip failed to break below the first bottom, a hallmark of the W-pattern. As of today, SPY is starting to reclaim ground toward the $517-$520 resistance zone. If bulls can push through this neckline area, especially with volume confirmation, we could see a breakout that targets the $530-$535 area in the short term. 🔑 Key Levels to Watch: Support: $490-$500 (double-bottom support zone) Neckline/Resistance: $530 Breakout Target: $550 (previous highs) Invalidation: A break below $490 with volume could invalidate the W-recovery idea and shift bias bearish. 📊 Momentum & Volume: RSI is climbing back above the 50 level – bullish momentum building. MACD shows a potential crossover forming, hinting at a shift in trend. Watch for increasing buy volume as SPY approaches the neckline – that’s where the bulls will need to step up. 🧠 Macro & Earnings Angle: Don’t forget – we’re entering a heavy earnings season and rate cut expectations are still a wildcard. A dovish tone from the Fed and strong corporate results could be the fuel that sends SPY higher to complete this W-shaped recovery. 🧭 Final Thoughts: This is a high-probability setup if neckline resistance is broken cleanly. Wait for confirmation before going heavy – fakeouts are common in double-bottom scenarios. If we do get the breakout, we may be looking at a broader market rebound going into summer. 🔔 Set alerts near $525. A confirmed breakout could mean the bulls are back in charge.
AMEX:SPYLong
by TopgOptions
Nifty Wkly Outlook: Market Volatility, Supprt Lvls & Possible Nifty ended the week at 22,904, marking a significant decline of 600 points from the previous week’s close. The index reached a high of 23,565 and a low of 22,857. As anticipated, the dragonfly doji formation from last week, coupled with concerns over Trump’s new tariff measures taking effect from April 2nd, contributed to global market jitters. These factors spooked investors and led to heightened volatility across the board. My initial forecast for Nifty's trading range this week was 24,000-23,000, but the lower end of that range was breached by 150 points, indicating increased downside pressure. Looking ahead, there is potential for Nifty to find support around the 22,600/22,400 zone, where it may consolidate and form a base to attempt a rebound towards the 24,000 level. However, if the index were to break below the critical support level of 21,964 (which, frankly, seems unlikely), a deeper correction towards 19,700 could unfold. * That said, I believe most of the negative news has already been priced in, and we could see a market recovery within the next 10-15days, depending on how the bulls respond to this pullback .* In the global markets, the S&P 500 has closed below its 100-week exponential moving average (WEMA) at 5,074, and if it falls below this week’s low of 5,069, we could see a further slide towards 4,750/4,800, representing a 6% drop from current levels. Should Nifty also correct by 6% from its current position, this aligns with a potential support zone around 21,900/22,000, making it an interesting technical level to watch. It will be crucial to monitor if the wounded bulls can stage a comeback or if the market will continue its downward trajectory. Stay tuned!
NSE:NIFTY
by ssudhirsharma11
Rollercoaster Continues For SPYMy overall thesis is we are in the very early stages of a multi-year decline ultimately with the S&P 500 below 3500. I am estimating this symbol to be in wave position SuperCycle 2, Cycle A, Primary 1, Intermediate 3 (pink), Minor 3 (yellow), Minute 3 or 4 (green). I originally had this symbol nearly complete with Primary wave 1, but the continued declines received significant wave 3 of 3 signals (pink lines in bottom chart band). It is still unclear if we are in my theoretical larger decline or if we are in a simple corrective wave. It will take at least another two months to likely achieve the answer. Theory 1 is my hypothesis where we are about to finish Minor wave 3 in Intermediate wave 3 in Primary wave 1 in a multi-year market correction. This would see SPY bottom around 486 within two weeks and briefly head up toward 535 before continuing significant downward movement. Currently Intermediate wave 1 lasted 111 trading hours. Intermediate wave 3 is somewhat on pace to finish in the same amount of time around 17 April. Extensions based on Minor wave 1's movement could put Minor wave 3's bottom around 499. Theory 2 is that Intermediate waves 1, 2 and 3 (pink) are actually waves A, B, and C (white) in a short-term corrective wave. This would mean this symbol returns to all-time highs around the fall of 2025. Theory 3 places the stock in the third wave about to finish a wave A down over the next two months. Wave B up would last a few months before wave C takes the market to a bottom sometime around the end of 2025. All three theories will observe the same movement over the next few weeks with a low soon and then a bounce up. Theory 2 becomes the likely winner if SPY breaks above 576.33 within the next 3 months. Theories 1 and 3 will trade the same for quite some time. I will reevaluate this ETF once Minor wave 3 finishes. It should aid in providing a better bottom for Intermediate wave 3 in the next two weeks.
AMEX:SPYShort
by StockSignaler
Daily Trade Recap based on VX Algo System EOD accountability report: +$2,337.50 Sleep: 5 hour, Overall health: not gud ** Daily Trade Recap based on VX Algo System ** 9:36 AM VXAlgo NQ 48M Buy Signal, 9:44 AM Market Structure flipped bullish on VX Algo X3! 11:13 AM VXAlgo ES 10M Sell Signal (lost $525 on this play) 1:21 PM VXAlgo ES 10M Sell Signal 2:05 PM VXAlgo NQ 48M Sell Signal 2:40 PM VXAlgo ES 10M Buy signal (triple signal) Overall a pretty wild day, I'm extremely glad that we have a system that works and reads the MM very well. The only thing we need to do is be extremely disciplined and pull the trigger without hesitation.
CME_MINI:ES1!Short
by WallSt007
Double Bullish Divergence Flashing on $SPY and $QQQWe’re spotting a double bullish divergence across two major indices: the S&P 500 ( AMEX:SPY ) and the NASDAQ 100 ( NASDAQ:QQQ ). On both daily charts: Price is making lower lows, signaling continued downward pressure. Meanwhile, the RSI is forming higher lows, revealing a potential loss of bearish momentum. This kind of setup often precedes a trend reversal or strong relief bounce, especially when observed across multiple indices at once. The fact that both AMEX:SPY and NASDAQ:QQQ are flashing the same signal gives added confluence and strength to this potential move. Divergence = a potential bullish signal Watch for confirmation: break of previous highs or strong bullish candles. Caution: divergences don’t always play out — wait for confirmation before going long. Are we looking at the bottom forming? 👀 Stay alert. A shift in sentiment could be underway.
CME_MINI:NQ1!
by SmartSignalss
Weekly Market Forecast: SELL THE INDICES!In this video, we will analyze the S&P 500, NASDAQ, AND DOW JONES Futures for the week of March 31st - April 4th. The equity markets took a bearish turn last week. This is likely to continue for the upcoming week. Monday is the end of March. Tuesday brings a new week and new opportunities. April 2nd brings... potentially market flipping volatility. The day the Trump tariffs are implemented. Be careful. Let the market give you direction, and then get involved. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME_MINI:MES1!Short
by RT_Money
#Nifty50 Market Update: A Week of Volatility and Uncertainty The #Nifty50 closed at 23,519, marking a 170-point rise from last week's close, after hitting a high of 23,869 and a low of 23,412. As anticipated last week, once Nifty managed to sustain above the crucial 23,300 level, it surged to a high of 23,869, before retracing to close at 23,519. However, this week’s market candle formed a Dragonfly Doji, indicating that bears continue to hold control, as concerns over the financial year-end and the looming uncertainty of Trump's new tariff policy, set to take effect on April 2, dampened market sentiment. With the market facing such pressure, it's crucial to consider the potential volatility for next week, as the market will be truncated due to the Eid holiday on Monday. As a result, Nifty could trade within a broad range of 24,000 to 23,000. For the next phase of an uptrend, Nifty must hold above 24,000, after which it could test higher levels of 24,200, 24,414 (a key Fibonacci level), and possibly 24,600. Looking at the broader market trends, the monthly time frame remains bearish, while the weekly is slightly bullish and the daily trend is bullish. If favorable conditions align, we may begin to see upward movement in Nifty and other indices by mid-April, though in the interim, we’ll likely need to weather the storm and remain patient with the bearish sentiment. S&P 500 Market Update: Testing Critical Support Levels The S&P 500 closed at 5,580, down about 90 points from the previous week's close, hitting a low of 5,572. With the index closing near its weekly low, it suggests downward pressure may persist into the next week, with potential support levels at 5,550 and 5,458 (another key Fibonacci level). A test of these levels could put additional strain on Indian markets as well, amplifying volatility. Overall, the market remains in a precarious position, and investors should brace for potential swings until more clarity emerges, especially with the geopolitical and policy risks at play.
NSE:NIFTY
by ssudhirsharma11