upside focus remains in SPX, looking for the corrective price channel to retest then continue the uptrend in wave ((v)).
upside focus remains in apple, looking for apple to top at 197.55 (the inverse 1.382).
SPY reached the lower pitchfork line (set to Fibonacci level 1.5) a few bars ago and it's likely to bunce back up.
The S&P continued to display plenty of volatility last week, where we saw a strong move to the downside, breaking through significant levels of support. Price did appear as though it was going to continue its descent, but the buyers were able to reverse the direction of the move, ending Friday with a big bullish candle on the daily timeframe. The 50 simple...
The DJI has been moving sideways since September 2021, recently the Russian-Ukraine conflict occurred and the price went down and broke the support zone (33700 - 34000) but soon the price bounced back showing one of the best Bullish candlestick patterns ever, especially when it happens in a support zone. For me, this is how I would trade the US stock market based...
if you are a swing-trader and looking for an idea, you should look at E-mini S&P 500 I see that wave iii in its early stages and targeting 4876.25 (wave iii equals wave i * 1.618)
Hey! After last week all in red, I might admit that on Monday, Jan 24 we might see at least one green day. But as I said before, I wait for $4200 soon and I think we might get there this week. Global opinion: short
VITL has been sideway at the bottom area for sometimes but Losing Chip (dark blue bar) is decreasing. This is a good sign as this symbol is bottoming. Monitor this counter closely for a bullish chance. #mcdx #profitandloss #divergence #convergence
Investors are to take note of the end of Daylight Saving Time (DST) that will effectively have the US exchanges open at an hour later, depending on your time zone starting today. $SPX is currently closed at 200% ATR(14) away from its 10 days moving average, the first time since September 2020. Data on inflation will be the highlight of the U.S. economic calendar...
+ FB bounce back above 200MA (yellow line) +MACD crossed up (although below zero line) + currently sitting at 20MA (red line) + hammer alike candle immediate resistance at $340 (gap resistance) Next R $350 ( 50&100MA) SL if $320 violates. _Please be informed that our analysis is based on historical DATA to predict/forecast upcoming movement, our bias...
With major U.S. indices – S&P 500 $SPX, NASDAQ Composite $NDX, and Dow Jones Industrial Average $DJI – all at all-time high closes, market optimism will be tested from all sides this week, as a slew of corporate earnings, non-farm payrolls, and a Fed meeting that is expected to signal the start of QE tapering. Here’s what you need to know to start your week. The...
Investors will be preparing for the busiest week of earnings season, with focus turning to reports from several tech giants including Apple ($AAPL), Alphabet ($GOOGL), Amazon ($AMZN), Microsoft ($MSFT) and Facebook ($FB). There are also some key economic reports in the coming week, including a first look at U.S. third quarter GDP (Advance GDP) on Thursday....
Third-quarter earnings season gets underway with major banks; JPMorgan Chase ($JPM), Bank of America ($BAC), Wells Fargo ($WFC), Morgan Stanley ($MS) and Goldman Sachs ($GS) reporting later in the week. It is also a relatively busy week ahead on the economic data front with inflation driven US Consumer Price Index report (Wednesday) for September will will be...
Data released last Friday reflects a faster pace of growth than expected in September for US Manufacturing and ISM Manufacturing PMIs. However, it’s likely that investor focus will return to worries about inflation, along with Federal Reserve tightening on the horizon. This Friday’s monthly US employment report will be adding to the potential market jitters,...
$AAPL currently trading In a form of ascending channel. I think $AAPL Will fall to between 137 to 134. Depending on the price action $AAPL might fall even further. If $AAPL Price broke the ascending channel, there is a possibility the $AAPL Price fall to $108.
US30 is strongly up but there is a condition when loosing steams and going short.
A power play idea from US Market, it's getting tighter on the right side. The stock has the potential to make a big move.
Dow Jones Price Forecast For Short Term