Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for US500 . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
This morning, the first trading day of 2023, I ran my S&P 500 spike scan like every morning. The spikes were skewed heavily to the bearish side with 99 Bearish Spikes and only 1 Bullish Spike. That spike was HSIC NASDAQ:HSIC . I like the context of this price action happening at the 50% Retracement of the bear move from the All Time High down to the October...
High inflation and interest rates have dented Australian consumer sentiment by 6.9%, though the labor market remains tight. Meanwhile, AUD/USD increased 46 pips to 0.6965. Most major currencies also rallied against the greenback, with EUR/USD adding 43 pips to 1.072, and GBP/USD climbing 77 pips to 1.2138. On the other hand, USD/CAD recorded minor losses to...
Today, I had an intriguing experience chatting with an unrestricted AI software. As you may know, there are restrictions placed on this software, one of which being no price prediction. However, the internet found a way around these restrictions, resulting in the creation of a chart forecasting the future price of Bitcoin, created solely by artificial...
Title: S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 4327.50 Pivot: 4147.75 Support: 4091.75 Preferred case: Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Expecting price to continue heading towards...
Looking at the H4 chart, my overall bias for ALIBABA is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 92.85, where the overlap support is. Stop loss will be at 84.32, where the previous overlap support is. Take profit will be at 121.28, where the recent high is. Any opinions,...
HP Inc - 30d expiry - We look to Buy at 27.77 (stop at 26.60) Further upside is expected although we prefer to buy into dips close to the 27.50 level. Trend line support is located at 27.50. A lower correction is expected. Preferred trade is to buy on dips. The stock is expected to outperform in its sector. Our profit targets will be 30.69 and 31.29...
Hello guys, For this week as the CPI comes we put a trade to expect high point for EUR, if the scenario keep as in forecast to be 6.2% in the data coming lower than the previous 6.5. That will give less power to the dollar pushing the against currencies higher. this is only my personal opinion and NOT financial advise. #eurusd #cpi #inflation #forex #news...
Bias: Bullish Grinder. Support below, small void up to 410 area. Top Watches: I will update this post with my top four long and short ideas between 9:25 - 9:30 EST. Tune in to my stream at 9:45 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...
Retest trend line for support then move to test for new ATH. Stochastic, RSI, and Stochastic RSI are all turning upward showing a bullish push incoming.
NASDAQ:XRX is technically showing bullish indications: 1. Price breakout from trendline resistance. 2. Price retests above trendline resistance. 3. Micro trend forming bullish channel pattern Bullish opportunity: 18 - 19.27 (as take profit) Beware of the risk of potential bearish if it forms a lower low or false breakout below 16.33 - 15 (as stop loss)
The trendline is the most common part of technical analysis in forex trading. But when compared to support and resistance, trendlines are less commonly used. The trendline should be more significant due to the number of touches. Trendlines are very suitable in combination with several technical indicators, one of which is the Money Flow Index ( MFI ). MFI is an...
Even with strong Nonfarm Payrolls readings, lackluster economic data in other areas had investors pessimistic about a soft landing. As for US inflation data, market consensus had the core CPI retain 0.4% month-on-month growth, with the annual CPI growth rate slowing to 6.2%. Mixed data also led to mixed stock market performance. The Dow Jones Industrial Average...
TVC:HSI HSI returns to the buying point, now acting as a resistance level Keep an eye on the market. Good luck and happy trading. #HSI #trading #resistance #Backtesting"
Looking at the H4 chart, my overall bias for JD.COM is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a pullback sell entry at 55.62, where the overlap resistance is. Stop loss will be at 64.44, where the recent high is. Take profit will be at 33.18, where the previous swing low is. Any opinions, news,...
Let's get ready for mayhem in the coming weeks, the DAX topped out last week and we're starting to build to the downside. We're expecting a very sharp move downwards and are already short from the turn, but will be looking to add more shorts upon a minor wave 2 retracement. Exciting times lie ahead and we think there's going to be some great opportunites to make...
NYSE:GM Just how I am looking at GM currently could we see a breakout with a bullish CPI print? or will we break back to the downside of this range only more data will tell! Till then i am leaning towards the downside slightly just cause of the levels
Beyond Meat will be huge in the coming years IMO as the transition from us humans eating meat as our primary source of protien will ultimatly be made harder and most likly very expensive (check W H O there plenty of documents on agenda 2030 to go with what im saying) Alternatives/subtritutes to actual meat should see the growth as it becomes the norm, weve...