KPIT TECH - Strong accumulation near AVWAP from demand & supply zone. Might give a fresh ATH breakout here. One can maintain a SL of AVWAPs.
On the VIX Volatility index , I have observed a diamond pattern, which suggests that the current instability in market sentiment is likely to lead to a rise in market prices. Based on this, I decided to open a long position at the entry price of USD 21.21. I have set the Stop Loss level at USD 19.53 so that if market prices turn worse than expected, I can close...
We will keep it short, sweet and simple. First, the FED for whatever reason will decide to stop tightening sooner than expected or will decide to make much smaller rate hikes... For whatever reason; better for us. The SPX will move up as you see the green arrow and break the orange trendline... Not necessarily right away or maybe right away... Bottom line is we...
im loooking for Dxy in downtrend currruntly its follow market stucture im firm belive that dxy will be weaker due to initial jobless claims and bad pmi numbers so hopfully it may help you thanku
Setup: breakout Trade rating: 4 Reward: risk: 2:1
CHART showing some strength RSI is crossing the 60 levels on the day chart forming a rising wedge and higher low. as you can see 20ema is crossing 50ema from down to an upward direction bullish crossover EDUCATIONAL PURPOSE ONLY!
PAIR: XAUUSD TIMEFRAME: 1H It is important to note that the instrument, GOLD is classified as "stock" and does not necessarily behave like the regular currencies. One may think price would retrace; correction after the impulse move but from experience, price would keep rallying up until trendline -X which marks a channel. But like always, the pair is full of...
Technical Analysis and Outlook The downtrend to Inner Index Dip 3785 was completed two weeks ago and retested. The upside target to the Mean Res 3880 has been finalized, and the index continuously displays a bullish influence with the current market sentiment. The additional upside moves to Mean Res 4020, 4085, with Outer Index Rally 4140 currently being at the...
Paypal has been bleeding out on H4, but the Rainbow Colors have been consistent as well as the TOP/BOTTOM Signals and the Pivot Supports.
Proctor and Gamble's massive run is coming to a potential end. Weakness is showing here with color rotations and TOP Signals printing. Massive 20% run, really good time to take some profits. Let us know what you think!
Ford meming, but being consistent with its colors and signals. Keep an eye out for a repeat: -Color Rotation into a hair line -RSI Xs color rotation into a hair line -Runner Bot to print TOP Signal Let us know what you think!
What we are looking at here is META on the Daily TF. I want to draw your attention to the downward sloping line (yellow), where price action has been attacking since the beginning of April. The yellow line was acting as resistance until the 5th hit of that line, when a break out occurred (purple box). Now that we have seen a breakout above that resistance...
My research suggests Gold may continue to rally above $2079 in early July 2023. I believe the current US/Global market crisis event is very unique - something many people fail to understand. Many professional analysts have gotten married to the 2008 market collapse scenario. I'm watching dozens of posts on social media and other sites where everyone is uber...
DexCom - 30d expiry - We look to Sell a break of 108.48 (stop at 113.03) We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A break of the recent low at 108.68 should result in a further move lower. This stock has seen poor sales growth. Levels above 122 continue to...
The tight range serves for alot of stop losses above and under both these key levels. One side will get taken first, and probably serve as a trap, after which we see a reversal to the actual direction. (my bias is currently to the downside as the final direction due to fundamentals and broader trend(s)) Although I by no means recommend trading off my bias or...
🚨🚨🚨 LAST LINES for $NDX #NDX Triple Bottom daily, you see it? MACD & RSI look ok 1 of 2 LONG TERM Daily broken Weekly Jeopardy Monthly have rest of January, IMPORTANT $QQQ $VXN #QQQ #VXN #NASDAQ100 - Hard to post all the info we provide Been trading $TQQQ $SQQQ puts & buy them outright on top of all the longs in individual stocks for longer term holds - Back in...
KHC (Kraft Heinz): I like the risk vs reward on the daily chart as it broke the neckline of an inverted head and shoulders and has just come to retest the breakout spot. Good enough for a long swing trade for me. Target of the inverted head and shoulders is in the 45 zone. If you look at the weekly chart, you'll see a nice rectangle range between...
Bias: Choppy Neutral (Leaning Bullish) Follow @JLaing for daily review/bias of the market and top stock watches for day trading every morning! Tune in to my livestream every morning from 9:50 - 10:45 ET for my Top Stock Watchlist and to see real live day trading.