Higher yields may cause a bigger correction on DXY, as yields can be still looking for wave 5 by Elliott wave theory. Yields higher, USD strong, stocks down. Risk-off flows may not be over just yet if yields are in fifth wave. However, when yields will make new high and then top after 5th, thats when DXY can complete B/2 rally, with a lower high, when focus will...
From yesterday ---------- 11:34AM 1hr VOLUME SUCKED BUT That 1Hr Doji is a good sign & RSI positive divergence 4Hr looks ok, reversal but not strong enough NEED more volume More later after #DJI $DJI #stocks --- 12:21PM $DJI Volume pumps up more & we close the 4Hour (around 130est) ABOVE 32793 = GREAT sign (((FYI IT DID NOT DO...
Bias: Choppy open. Bearish bias overall, resistance at 393 and no support until 390 - 388 Top Watches: Long - KR, OKTA, NTLA, M. Short - AEHR, SNOW, BBY, AMZN Tune in to my stream at 9:30 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, top stock watches, and live day...
HI Everyone ✌ By examining AAPL in the daily time frame As you can see, the trend is in the range of the midline of the descending channel. The scenario we can expect is that the price will continue to be corrected up to the range of 134/136. And then we will see a positive fluctuation. We have to see how the price will react to the mentioned ranges. If the...
Technical Analysis of ADANIENT/INR: ADANIENT is currently trading at ₹1615, which has seen almost a 20% rise within 2 days after a significant fall of 75% within 3 months. Many retailers attribute this fall to the Hindenburg Report, but I believe that the retailers may be wrong. The decline began in December 2022, and a strong reversal pattern formed at the top....
Hello everyone, it has been some time since my last post but I do plan on making some more content. Here is my analysis of why I believe it is a good time to short UBER. Some other stocks may be worth shorting, but for me, this is the one that I feel the most confident in trading as of now. Please let me know if you have questions, ~Master Chef
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
The German year-on-year inflation rate rose by 8.7% in February, against the expected 8.5%. The data also indicated a steady price level increase despite high readings. Later tonight, the Eurozone year-on-year inflation rate is projected to slow from 8.6% to 8.2%, as EUR/USD climbed 89 pips to 1.0665. GBP/USD added 11 pips to 1.2031, and AUD/USD increased 31...
Something bullish is happening in China, potentially primarily due to the reopening and all the liquidity injections by the PBoC. China never raised rates while slowly adding liquidity to markets. We saw a significant capitulation when Xi became emperor for life by removing everyone that could potentially cause trouble to him from the CCP, as well as when we first...
Market Conditions: - bullish trend, correction - bearish sentiment in the market Key Level and Lines: - $12 000 support Trading Ideas: - go short if the price stays below the support. - go long if the price moves above the support and the market is bullish.
Market Conditions: - bullish trend, correction - bearish sentiment in the market Key Level and Lines: - $120.50 support Trading Ideas: - go short if the price moves below the support. - go long if the price bounces from the support and the market is bullish.
Market Conditions: - bullish trend, correction - bearish sentiment in the market Key Level and Lines: - $145.72 support Trading Ideas: - go short if the price moves below the support. - go long if the price bounces from the support and the market is bullish.
Market Conditions: - bullish trend - bullish sentiment in the market Key Level and Lines: - $91.05 resistance Trading Ideas: - go long if the price moves above the resistance. - go short if the price bounces from the resistance and the market is bearish.
Advanced Micro Devices (AMD) are trading within a Channel Up pattern since the October 13 Low and is about to form a 1D Golden Cross. The 0.5 Fibonacci retracement level is exactly on the 1W MA100 (red trend-line) and we set a medium-term term target on it at $95.00. We expect every closing above each Fibonacci to target the next above it. The 1D RSI is on Higher...
Eli Lilly and Company (LLY) has been trading within a Channel Up pattern since the October 30 2020 low exactly on the 1W MA100 (red trend-line). As the 1D RSI turned oversold below the 30.00 barrier, while the price touched the bottom (Higher Lows trend-line) of the Channel Up, it has filled all conditions for the most optimal buy level of the year. There have...
✅SPY is set to retest a Strong support level below After trading in a local Downtrend from some time Which makes a bullish rebound A likely scenario With the target being A local supply area above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
New York Times Co - 30d expiry - We look to Buy at 36.73 (stop at 35.27) We have a 61.8% Fibonacci pullback level of 36.74 from 27.59 to 42.40. Intraday signals are bullish. Preferred trade is to buy on dips. Previous resistance at 37.00 now becomes support. This stock has seen good sales growth. Our profit targets will be 40.38 and 40.98 Resistance:...
This week will decide what happens for the intermediate 1yr kind of stagnant BUT 2yr #yield is RIPPING! $TNX 10 yr is RUNNING > NOT GOOD $VIX lower high but not lower low Again, this week will determine the month of March BULLS beginning to lose steam #stocks $DJI $NDX $SPX