This is my live analysis for SPY and I want to go long once price touched $424 levels and the logics are explained in this analysis. NOTE:WAIT FOR THE RIGHT OPPORTUNITY
Google maintains one of the steadiest trends of the year as not only does it remain on smooth bullish 1D technicals (RSI = 57.789, MACD = 1.700, ADX = 30.881) due to Channel Up 2 since June, but also it maintains Channel Up 1 since the start of the year. The 1D MACD indicates that the stock price has entered a 2 week consolidation phase, whose next leg up would be...
Quick Nasdaq long. Entry: 14900 SL: 14855 TP: 15035 Taking half profits at 15000 Enjoy the ride fellas.
It's like throwing darts and guessing whether it's going up or down for the month... This is an intraday traders haven rather than a swing (position) traders environment... The best we can do is diversify and hedge different longs and shorts at the same time and risk a little... Only technical thing I can say is if the support holds and the price goes up, it...
jk tyre industries buy @ cmp or wait for retracement triangle breakout risk reward 1.5 sl@176
In order to get the decimal point to the right of a number, I had to multiply AMEX:SPY by 1,000,000,000,000 or 1 Trillion. The price of the market is unchanged since January 1997 with the adjustment. That is an incredible 26 years where prices haven't bean 'inflation as measured by the quantity of money' floating around in the banking system. Nominally, our...
Microsoft made an important bullish breakout as it crossed over the LH trend-line of the Falling Wedge last week and turned bullish on the 1D technical outlook (RSI = 58.105, MACD = 2.380, ADX = 32.602). The last sell signal is near the dotted top of a potential Channel Down pattern. As long as it holds, we are taking the sell and target the 1D MA200 (TP =...
Looks like we might be about to break this weekly uptrend to the downside. I'll be watching the big thick yellow line I tossed in for you. Please excuse all the extra mess on the charts, I've been playing with indicators and looking into coding my own this year if i can find the time. I'll be watching for a break this morning and beyond that all the other...
Morgan Stanley (MS) has been trading within a Channel Down pattern since the beginning of the year and on Friday hit again the Lower Lows (bottom) trend-line. Today it formed a MACD Bullish Cross on the 1D time-frame and is issuing a strong buy signal as every time it appeared, in the last 12 months, the price rose by a +8.16% to +27.31% margin. Taking the +8.16%...
Over the last weeks I've been relatively bearish on Bitcoin. My main point was that BTC is trading in a parallel channel, where the top resistance is a copy of the bottom support. My bearish narrative originated somewhere in August, and has not changed since. However, I have to admit that BTC is holding up better than expected, also carried by bullish ETF news...
In this technical analysis, I see the potential for a bullish trend in the SPY (S&P 500 ETF) based on historical data calculated using the ABC Calculator indicator and in consideration of the trend suggested by the Adapted Volume indicator. My outlook suggests a price target of approximately $450 USD within the next month. 1. Historical Analysis with ABC...
Yellow: monthly range blue: weekly range green: daily range Looking at my typical rules US30 is still looking bullish even with everything going on in the world, crazy enough. Purely looking at this via technical and tuning out the rest. Pullback to the top of the daily range inbound and then long to follow.
Lets be very clear about TESLA'S earnings that I am not going long as per my rules & my understandings of technical analysis.
I am expecting a rejection from the supply area down to $455.9 or even to $440 if the former doesnt hold as the volume has palpably decreased in a sign of weak demand in that area.
Walt Disney turned bullish on the 1D timeframe (RSI = 61.58, MACD = 0.500, ADX = 21.285) as it crossed over the Falling Wedge pattern that has been guiding the market downwards since the start of the year. The final Resistance to break is the 1D MA100, which hasn't been crossed since May 11th. If it does, we will go long and target the R1 level (TP = 92.50), which...
↘️Apple started to rise after breaking the Descending Channel and is currently in a Correction . 🌊According to the theory of Elliott waves , it seems that the structure of apple corrective waves is of Zigzag correction type(ABC/5-3-5). 🔔I expect the apple to start growing from 🟡 PRZ (Price Reversal Zone) 🟡 and increase at least until the first Common Gap...