Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Tesla stock just recently perfectly retested and already rejected a quite obvious previous weekly structure area exactly at the HKEX:200 level. You can also see that weekly market structure is now bearish, we are currently retesting...
Today, the price of BP shares experienced a significant decline after the release of their Q1 earnings report, despite the fact that they made 4 billion during this time period. This phenomenon can be explained as a case of "buying the rumour and selling the fact." To better understand the market's reaction, we look at the BP chart to identify the key support...
Major Indexes in Europe were closed while the US ended with minor losses after drifting lower from the open. Manufacturing data out in the US came in stronger than expected which triggered (again) inflation and rate rise talk and saw USD and Bond yields spike. Copper and Oil were higher after the number, on expectations for buoyant demand while Gold pressed back...
Major Indexes in the US and Europe moved lower as concerns about the banking sector and contagion (seeing more regional banks come under fire) reared its ugly head again. First Republic Bank dumped 30% after reporting a 40% drop in deposits which pushed the broader market lower while Tech found support after some good earnings beats brought in the bargain hunters....
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Google stock just recently perfectly broke above and is now retesting a major previous weekly structure area which is now turned support at the HKEX:104 level. You can also see that weekly market structure is now bullish, moving...
I show you this chart to demonstrate how you can make an informed decision with just one indicator - namely the 200-week ma. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information...
I suspect that we are seeing some profit taking in this market ahead of its one-year downtrend. Near term uptrend supports are 165.00 and about 160 but the key support is going to be the 157.38/74 band - the October 2022 high and the February 2023 peak, also found here is the 23.6% retracement of the move higher seen this year. Disclaimer: The information posted...
In this video, we will be taking a closer look at Apple Inc. ( NASDAQ:AAPL ) and the important levels to keep an eye on as we head into the upcoming house vote. With the current state of the market and the potential impact of this vote on Apple's stock price, it's essential to understand the key levels of support and resistance to watch for. Join us as we analyze...
Square Enix has had soem new game releases in the past years and it appears that new ones are in the works. LEt's take a look together at te latest gameplay of FFXVI and you can determine in SQNXF is worth your entry.
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Tesla stock is actually currently rejecting a quite obvious weekly previous support/resistance area towards the downside exactly at the HKEX:200 level. You can also see that the next major support zone is at the psychological $100...
By analysing the stock markets at different timeframes, ranging from the three-monthly chart down to a four-hour chart, I have noticed that they have reached a significant resistance level on several higher timeframes. Furthermore, on the lower timeframe, the trend seems to display indications of weakening, and the charts seem to be range-bound. Could this signify...
Bias: Flat open on both indices, support below and above so going in with a pretty neutral bias. leaning towards the bullish side. Top Watches: Long - TECK, BAC, BTU. Short - RBLX, GOOGL, STT. Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias of the market like this,...
Bias: SPY looks good to go higher if it holds the 412 area. QQQ looking more like an inside day with room to move in either direction Top Watches: Long - TECK, WFC, BAC, JPM. Short - BA, CTLT. Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias of the market like this,...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Google stock just recently broke above a quite obvious bearish trendline, breaking out of a multi-month downtrend. You can also see that weekly market structure is bullish again, we already broke above the $100 resistance area and...
Although the US stock markets are doing OK, including SPY and S&P 500, the DAX seems to be outperformed by a long shot. I just noticed this today out of curiosity since the euro is starting to exceed the British pound. This might be due to the more substantial German market overall.
Bias: SPY and QQQ gapping into yesterday’s red bar, could be an inside day. Leaning bearish, room to drop under LoD on both indices. Top Watches: Long - MRK, DAL, NEM. Short - CTLT, SRPT, FAST. Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias of the market like this,...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Tesla stock is about to once again retest a previous weekly support zone exactly at the HKEX:175 area. You can also see that weekly market structure is bullish again so I am now just waiting for a deeper retest of the area before I...
Bias: SPY gapping over resistance into a void, boosted on positive CPI data. QQQ less bullish with some junk before the void. Will be patient to see if CPI numbers hold up market or if it was just a pop and drop. Top Watches: Long - MU, PLTR, AFRM, INMD, RBLX. Short - AAL. Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me...