Fear is increasing. But if/when VIX reaches extremes at upper side of 2022 range, then watch SP500 for potential supports. First is at 3800/3750
As long as the 4222 position is not effectively broke-out which means the daily level downtrend is not changed. The previous low of 3764 will still be broken down, why? Because there is a secondary consolidation at 3764, which did not form a strong bottom pattern, so it will fall below this position next. As for whether the break is a new low, we do not have to...
The Silicon Valley Bank collapse marked the second biggest bank failure in the US, after the 2008 financial crisis. Although bank deposits remain intact, shareholders are not protected. Shares of the parent company’s SVB Financial Group have plummeted over 70%, currently at $106.04. The S&P 500 slid 56 points to 3,861. The Nasdaq 100 traded 165 points lower at...
Triple Bottom on TDOC, have no clue what these people do but I know when macro changes this dogshit will pump more then the rest. At home doctor narrative coming back of course. Market makers just keeping it from going to zero now with classic patterns, I will start dipping my toe for long term cap gains swing positions on this move.
It is a repeat, the same over and over... Some banks are doing better than others which is expected yet PNC isn't part of the better group, this one looks pretty bad. The previous bank had no volume on the drop, here we have high volume... Let me show you! PNC Weekly: ✔️ PNC broke below EMA300 this week. ✔️ Bear volume has been increasing since Oct. 2021 and...
Financial contagion appeared to spread through parts of the banking sector , It is by far the largest bank to fail since the near collapse of the financial system in 2008, shortly after Washington Mutual collapsed during the crisis. So for me that will impact on raw material , so that will push the gold metal down and push dollar upper and upper .
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
We looked at 25+ charts predicting the S&P 500 Index (SPX) market crash. You can find this article in the 'RELATED IDEAS' at the bottom of this post. Now, what about Nasdaq (NDX) and how far down can it really go? Join me while we go over the trade ideas we published since early 2022, to see where we stand and what comes next... (You can find all charts by ...
Where is the bottom for the S&P 500 Index (SPX)? Where is the bottom for Nasdaq (NDX), the Dow Jones (DJI), Bitcoin (BTC) and the rest of the TOP Altcoins? How far low can it really go before this bear run is over? We will get to the bottom in a minute but first, let's look at a few out of the 25 trade ideas we shared since January 2022 predicting the SPX market...
On the chart of LKQ, we can see a forming ascending triangle and we can see hidden bullish divergence on daily timeframe. An ascending triangle is a bullish formation. The pattern gets validated when the price breaks out of the upside of the pattern. By using the Relative Strength Index we can hidden bullish divergence. A long position can be taken when the...
The prices close to the support area. We are expecting the price to retest the support and hit our entries at 159.15 and 156.20. It looks like the price is in the well defined down trend. Therefore, our first target for this long position is at the downsloping resistance and our final target would be at the upper boundary of the range which should be acting as a...
On this chart, we can see a head and shoulders-formation and we are therefore waiting for a breakout of the neckline, to take our short position. Stop-loss, target and ROI are all shown on the chart. The target for this trade equals the earlier support level. In this case, it shows that during the last half year, it has formed into a multiple bottom, and our...
Hey traders, NAS100 was trading in a downtrend and successfully managed to break it out and now is in a correction phase. in tomorrow's trading session i will be watching a potential retrace around 11600 supply and demand zone of the trend, keeping an eye on DXY too as it correlates negatively with the stock market. if CPI data comes soft that will push DXY to...
Volatility in many times in the market is bad and the stock market is a mirror of the economy. When you go back prior to the Great Bull Market (1980s), you wll see that there were very wide swings in real GDP. These are the Boom and Bust cycle. Now, as the FED evolved its policies it learned how to contain the market and flatten the Boom and Bust cycle and...
MarketBeat reports: Saddle Point Management L.P. bought a new position in Alphabet Inc. (NASDAQ:GOOGL - Get Rating) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,652 shares of the information services provider's stock, valued at approximately $254,000. Alphabet comprises approximately 8.8%...
Reliance/INR Chart Analysis :- Based on the chart analysis, Reliance is currently trading at ₹2322 and has broken the support level. This could lead to a big down move in the coming months, but there may be good buying opportunities for the long term around ₹1500-₹1600. The 0.50 Fib Retracement level is at ₹1584, which could lead to a strong bounce from that...
Maybe BTCUSD/SPX will form a double bottom pattern here. Time will tell!
I've been in MLFB for a while, since around 2018/2019. MLFB attempted to establish a season in 2020/2021, but due to COVID, they were unable too. Here comes 2022, and things were looking good. They were bringing on players, coaches, bought equipment, named teams, hand a place for a camp, and had some coverage. Things again were looking good. Around June/July,...