EQUITAS SMALL FINANCE BANK Ltd is forming a good pattern, there is a good accumulation happening at current levels. EQUITAS SMALL FINANCE BANK Ltd is Ascending chart pattern breakout wait for entry about of confirmation candle. This channel is for only educational purpose. Any Profit/loss, I am not responsible. Sector: Finance Industry: Regional Banks
Stock indexes and crypto markets can expect a slightly down but somewhat quiet trading day today due to options expiration. The maximum pain on the SPY is $388, recommend fading any bounce today into the close on stocks and BTC. There will likely be a lot of volatility next week, I expect a fake rally then a strong sell-off.
Bias: Choppy Bullish. Top Watches: Long - FL, SPWR, ROST, GPS, JNJ. Short - GTHX. Follow my page for daily review/bias of the market and top stock watches for day trading every morning! Tune in to my livestream every morning from 9:15 - 10:30 ET to see real live trading and get a more thorough review of my top watches!
Strong impulse took SPX to 4035 SR and rejected from there back below August close. If index won't find acceptance back above it, it will drop back to October close ~3875 and possibly lower to ~3811. Cross roads situation. On week there is still potential to grow to ~4100, so all depends on how this week close.
I'm waiting for 13,8 before I buy anything - also will consider many factors before I long. $17k is our top area for now. Monitor the price action and stocks. Still short.
Definitely stocks moved higher than I expeccted - I projected my expectations from US100 onto SPX - but definitely those two didn't correlate on this bounce - either way, what's coming next is known - and down we go from here. Watch the show.
VIX is holding that area pretty nicely - stocks topped out - what else is there to say. Watch the show from now on.
On the H4 chart, the overall bias for DJI is bullish. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. Looking for a buy at 32818.16, where the 50% and 23.6% Fibonacci lines are located. Stop loss will be set at 31711.78, slightly below where 2 of the 38.2% Fibonacci lines are located. I am looking to take profit at...
On the H4 chart, the overall bias for AMZN is bearish. To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. However, we are looking to play the pullback by placing a buy at 92.43, where the 61.8% Fibonacci line is. Stop loss will be at 85.88, where the previous swing low was. Looking to take profit at 109.58, where the...
The overall bias for DJI on the H4 chart is bullish . However, we intend to utilize the pullback. So we're looking for a sell entry at 34281.36 , where the previous swing high and the 78.6% Fibonacci line are. The stop loss will be set at 35492.22, where the previous swing high is. The take profit will be set at 32135.41, which is where 61.8% Fibonacci line...
EUR/USD 🔽 GBP/USD 🔽 AUD/USD 🔽 USD/CAD 🔽 USD/JPY 🔼 XAU 🔽 WTI 🔽 Recent comments from St. Louis Fed President James Bullard suggest he supported the idea of another full percentage point rate hike to 7%, which weakened the stock market. Among the major indices, the Dow Jones Industrial Average decreased 7 points (-0.02%) to 33,546, the S&P 500 declined 11 points...
This long term channel on DXY on the monthly channel shows DXY at key resistance and currently struggling on resistance and the top of the channel. Usually when DXY goes down, cryptocurrencies and stocks will do the opposite since traders are risking more and not being in cash, this can potentially be a good bull market for...
US indices bounced off their lows in the afternoon session after trading lower along with a slumping yuan, oil and copper. WTI (-4.0%), silver (-2.5%) and copper (-2.0%) have all sold off on the back of a rebounding US dollar and as sentiment was hurt by concerns over China’s economic health amid the latest Covid outbreak. At the time of writing, the S&P had...
This morning's 10am scan yielded bullish price action spikes on both AMD and INTC. I like the level that Intel NASDAQ:INTC is holding to for a swing trade. The first target will be a retest of this week's high. In the longer term after a very long bearish trend the chip makers have begun to turn. It is somewhat "late" in the turn from October but there are...
Bias: Bear Chop. Top Watches: Long - M, CSCO, BJ, BBWI. Short - TSLA, LCID, AAL, WFC, COIN, DIS, GM, CRM. Follow my page for daily review/bias of the market and top stock watches for day trading every morning! Tune in to my livestream every morning from 9:15 - 10:45 ET to see real live trading and get a more thorough review of my top watches!
Carrefour - 30d expiry - We look to Sell a break of 15.97 (stop at 16.55) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A break of the recent low at 16.00 should result in a further move lower. The primary trend remains bearish. 16.00 continues to hold back the bears. Bearish divergence can be seen on...
Yesterday, Target announced its earnings for the third quarter of 2022. The report outlined softening sales and profit trends with downgraded guidance going forward. Total revenue and cost of sales increased year over year, while net earnings and EPS fell dramatically for that same period. Subsequently, shares of Target fell more than 13% in the pre-market...