This is the moves I am antincipating - Successfully shorted 4100 and now reopened a short at 3880. The markets are too afraid to risk a blow-off top move with a big recession ahead - so I'm expecting continuation until break of the downside.
Looking at the H4 chart, my overall bias for SPX is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 3922.13, where the 23.6% Fibonacci line is. Stop loss will be at 4100.96, where the recent high is. Take profit will be at 3741.65, where the 61.8% Fibonacci line is. Please be advised that...
In line with the expected market conditions, it will always be a money printing machine for traders, and get rich together, YOLO Today, there is no market with obvious value in other markets. Let me focus on the changes in spx. As can be seen from the above figure, according to the intraday trading of spx proposed yesterday, it is possible to open short...
Short term Elliott wave View in Amazon (ticker; AMZN) suggests the decline from 12.13.2022 peak in 45 min chart, was clear 5 swings impulse lower, which ended ((i)) as the part of wave 3. The current sequence lower is the part of (3) of ((A)) in higher degree started from 11.15.2022 peak. It already confirms lower low in daily, calling for further downside to...
Possible Phase C Entry would be about 460 or on the retest of resistance, aiming to close the trade at 350. If it breaks the support at 350, we can follow the move to 240
EUR/USD 🔽 GBP/USD 🔽 AUD/USD 🔼 USD/CAD 🔽 USD/JPY 🔼 XAU 🔽 WTI 🔼 The latest GDP data from the US will be announced tonight, with Mitrade estimating a 2.9% quarterly increase, the same as last month. A minor relief from recession fears allowed the stock market to close higher. With the Dow Jones Industrial Average rising 526 points (+1.60%), the S&P 500 gained 56...
Looking at the H4 chart, my overall bias for AAPL is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 140.40, where the 61.8% Fibonacci line is. Stop loss will be at 149.96, where the recent high is. Take profit will be at 122.92, where the -27.2% Fibonacci expansion line is. Any...
Looking at the H4 chart, my overall bias for SPX is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 3906.54, where the 38.2% Fibonacci line is. Stop loss will be at 4028.84, where the 78.6% Fibonacci line is. Take profit will be 3743.73, where the 61.8% Fibonacci line is. Any opinions,...
Hey Guys God bless yall i really want you to reflect this 2022 on what God did in your life and how much did you grow . if you failed like i did and it was plenty of times the question is what did you learn ? and the other question is will you keep going ? remember this, Love the process of forex or in anything If you take your time with this skill you will see...
What is TVC:VIX ? The VIX is a real-time volatility index created by the Chicago Board Options Exchange (CBOE). This index was the first benchmark to quantify market expectations regarding volatility. However, the index is forward-looking, which means that it only shows the implied volatility of the S&P 500 (SPX) over the next 30 days. Since the VIX reaches...
Economic bubble is about to explode around the world, first signals are already here, it's a good time to close your operation and go short to the market
✅AMAZON has been falling recently And the stock seems locally oversold So as AMAZON is approaching a horizontal support Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
I’ve been waiting over a year for an entry point on Tesla. Today that day is finally here. Those golden level supports go back to each inflection point, one of which goes back to Teslas IPO in July 2010. Not to mention that Tesla reports earnings on January 25, 2023, in one month, and they’re estimated to report the best revenue ever, are in the best profits...
Beyond Meat - 30d expiry - We look to Sell at 16.18 (stop at 17.45) The primary trend remains bearish. This stock has seen poor sales growth. Price action continued to range between key support & resistance (12 - 16) and we expect this to continue. Preferred trade is to sell into rallies. 16 continues to hold back the bulls. The bias is to break to the...
Nike longs! Nike (NKE) has surged over 12% in the premarket after the athletic footwear and apparel maker reported better-than-expected quarterly results and raised its revenue forecast. Price action has formed an inverse head and shoulders pattern, looking for the price to run back towards $150, as we look to break out of the bearish market structure via the weekly.
Delivery Hero - 30d expiry - We look to Buy at 31.66 (stop at 29.69) We have a 78.6% Fibonacci pullback level of 31.00 from 23.88 to 57.16. Levels below 32 continue to attract buyers. The primary trend remains bearish. A higher correction is expected. Support is located at 31 and should stem dips to this area. Our profit targets will be 36.58 and 37.58...
Railvision (NASDAQ: RVSN) is a machine vision company developing sensor and camera technology for use on trains and railway infrastructure. Like Mobileye (MBLY), RVSN was established in Israel, which is recognized as a global hub for autonomous vehicle and computer vision R&D. I added this ticker to my watchlist after seeing a November PR about a board change, and...
On the weekly timeframe of the STLA chart, we can see an ascending triangle forming. An ascending triangle is a bullish formation. It's interesting to watch this asset during 2023 for the price to break out of the triangle to the upside. The breakout-line is shown on the chart. When this happens the pattern gets confirmed and trade can be entered by taking a...