The overall bias for DJI on the H4 chart is bullish. In addition, price is above the Ichimoku cloud, indicating a bullish market. Price has reached our pullback buy entry level of 32135.41, which is marked by the 61.8% and 50% Fibonacci lines. I've set a relatively safe stop loss at 30775.37, which is where the 38.2% and 78.6% Fibonacci lines intersect. My take...
EUR/USD 🔼 GBP/USD 🔼 AUD/USD 🔼 USD/CAD 🔽 USD/JPY 🔽 XAU 🔼 WTI 🔽 As US midterm results are revealed one by one, the stock market has continued to rally while the dollar weakens. The Dow once again recorded the highest gains by increasing over 1% to 33,160, S&P 500 and Nasdaq 100 rose 0.56% and 0.75% respectively. However, the crypto market suffered heavily upon...
After a 9-month waiting period, McDonald’s has finally created new all-time highs. The previous all-time high was back in January this year at $271. Following that, price then went into a range between $217 and $271 and managed to pick up enough momentum this past week to force a breakout from consolidation. Our task now is to confirm whether this is a fake...
ASTER DM - Higher high formations Target - 288, 308 SL - 240
DEEPAK FERT - ABCD harmonic pattern at AVWAP. The pattern posts a target of 1080. One must maintain a SL of 880.
AMBUJA CEMENT - Update Posted on 446. Gave a massive rally. Currently, forming a rounding bottom. A daily close above 580, will invite another 30% target. Maintain 8% SL.
Don't fool yourself with the idea that Crude Oil will continue to climb higher. The world is in a contractionary phase and Winter/COVID issues continue to plague demand. Crude Oil will slide downward as demand weakens into 2023. I expect $75 to $76 as a base level near the end of 2022. Then, possibly falling toward the $61 price level. Follow my research.
Stocks are incrementally ticking up, with the S&P 500 gradually testing higher levels. We are currently testing 3825 or so. Multiple red triangles on the KRI suggest that we are heading into resistance. The Kovach OBV is gradually trending up still, but we will need to see more momentum come through if we want to test relative highs at 3925 or so. If we...
The overall bias for DJI on the H4 chart is bullish. In addition, price is above the Ichimoku cloud, indicating a bullish market. With the NFP news data coming in below expectations, we are looking for a pullback buy on DJI at 30886.18, where the 38.2% and 61.8% Fibonacci lines are located. We've set a relatively safe stop loss at 29527.14, which is just below the...
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 pullback buy entry at 32135.41, where the 61.8% and 50% Fibonacci lines are located. I have a relatively safe stop loss set at 30775.37, where the 38.2% and 78.6% Fibonacci lines are located. My take...
Asain paint has respected Monthly Ema20 support always . except few times . buying around monthly Ema20 in this stock reduces the risk and increases the chances of profit on longer run.
GAIL CMP 90.55 Buy Above 95 Target 100/120 #STOCKSTOINVEST Swing/Positional
>Approaching to resistance after 2018 >Preparing to break 5 years of consolidation >forming U pattern on daily TF >A good move can be seen after successfully >sustain above 300
$VIX is SLOWLY getting to our target level It MAY bounce around high 22's but don't be shocked if it fills the gap before it bounces #VIX is SEVERELY oversold $SPX looks ok & may keep pushing Can this do 300 points?1 $NDX forming higher low? #stocks setting up for more rally?
As I am permitted, this core idea will have a daily video update every day besides Saturday. These updates will ALL be videos in my usual format and each will be 'IDEAS' themselves: As opposed to a screenshot with words. This is key, because any Intra-Day update that I make in regards to that idea (same day update) will have the update within that idea. So...
There are a few ways to draw a head and shoulders Using a Logarithmic scale and target Linear target scale and target (in this case , would mean a negative value) Or on a percentage basis What we have here are the log and % targets lining up for the key level of $100
What we can see in the chart is a double top formation. The price broke already below the neckline, however the target has not been reached yet. The price bounced back up and is getting rejected from the previous support. Therefore we are expecting the price to continue the downtrend and reach the target from the double top formation.
I continue to post these SPY Cycle Patterns as a way to help educate and explore my research/results. The interesting part of this research is these patterns originate at an anchor point nearly 5 years ago and continue to produce valuable predictive results for each week going forward - all the way out to 2028 and beyond. Why are they so important? Because...