The incredible rally last week as traders flooded into US & Foreign market assets. The US Dollar rolled downward. Cryptos blew up and continued to tank. Traders are assuming inflation data will continue to trend downward and are viewing many foreign assets as "undervalued". You have to attempt to understand the psychology of the markets/humans and the seasonal...
After one of the biggest rallies since 2020, we take a look at the SP500 Daily chart. We've thrown on our US equity gap & stock market breadth indicator to show some potential price targets. It’s looking like we might be after the 4100 gap before falling to the 3400 gap. The breadth indicator buying (bottom indicator in screenshot) hit numbers similar to 2020...
Technical Analysis and Outlook Chart Analysis For the Week of November 4) has been completed, along with two additional rebound stages Mean Res 3900 and Mean Res 3965. Currently, designated upside targets are Outer Index Rally 4060 and 4140, respectively. The downside selected target to Mean Sup 3915 is very high, with the possibility of extension to Mean Sup 3745...
I have been watching this big timeframe chart for a while now. As you can since its inception Bitcoin has been eating away value , or securing itself as in investable asset. We had a major inflection this past cycle , with the now infamous double top #BTCUSD we also had a double bottom against #stocks It appears to me we need to test previous zones of "Value"...
. Nio is one of the dominant players in China's hot electric vehicle (EV) market , and the company had to suspend operations at a couple of factories last month as lockdowns were imposed. Fearing Nio's production and deliveries to take a beating, investors dumped the EV stock -- Nio shares lost nearly 33% value in just one month through Nov. 9. One day later,...
Lately stocks look better than Bitcoin but it can be missleading. It's normal that crypto can bottom faster than stocks, as we can see we can be near the bottom on crypto but it can take several days for stocks to bottom, like it was two of the previous times. Nevertheless if Botcoin will nuke once more and stocks will dive in next days it doesnt mean that BTC...
✅DAX broke the falling resistance And now a horizontal level too So after the pullback and retest The price will keep going up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AMAZON made a nice rebound From the horizontal support below But the resistance level is ahead So after the retest on Monday a pullback Is to be expected Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Getting close to the danger zone. Next week Opex options expire on 11/18 DXY fishing for support no FED pivot until 2023
Hello friends, after retesting the base, Apple returned to the top and could not complete the failure, so it is expected to test the higher level.
Hello. Regarding the share of Tesla, we see that after a downtrend, we hit the bottom of the channel and we see growth again. It seems that after a strong failure in the monthly time frame, there is a pullback on this level to the value specified in the chart with this ABC correction.
OXY showing bullish momentum. Currently in for a long position and the position is looking bright. Trendsi indicators showing bullish momentum with Middle band Green meaning bullish. Though the Money momentum white line currently coming out the upper red bands, Oil has been the talk. With prices going up. Time will tell the outcome with prices surging for oil....
Will bulls rally up to push this to new highs or fall short. Currently trading at $70.48. Daily Chart resistance around $75.30, than a possible pull back to 70 range or lower before rallying up to higher highs. Trendsi Indicators shows bullish momentum (middle band EMA) currently green. money momentum (white line) moving just above EMA line. Currently a red dot...
📈S&P 500 Will we continue the uptrend? 📈After the US rate hike of 75 points on 2 November, the market is assuming that the next one will only be 50 points, and looking at the economic situation, the Fed doesn't have such a push for rate hikes anymore. 📈In the US where inflation has been slowing for over 4 months now and the next reading will be on 10 November....
Bias: Choppy Top Watches: Long - CCL, TOST, WBA, FCX, NFLX, PDD. Short - FIGS, TSLA, BNTX, MARA Follow my page for daily pre-market reviews and trade ideas.
Stocks have benefited immensely from the CPI print on Thursday which showed that inflation is cooling slightly and therefore may signal a dovish pivot soon in Fed rhetoric. Stock indexes have all rallied accordingly. The S&P 500 is currently at the door of the 4000's. We are testing one level below 4009 at 3978. A red triangle on the KRI does seem to suggest...