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Sell From First Candle 15/09/2014 - 04/10/2022 Low was 423 weeks. Expected bottom at 08/05/2023 a during of 451 weeks from Origin. 423/451 Variation Vector Magnitude from 28/09/2015 low -26/10/2020 Top = 372.73 units Time distance from 28/09/2015 low - 04/10/2022 Bottom = 369 weeks (-3 weeks) Vector Magnitude from 26/10/2020 Top - 04/10/2022 Bottom = 282 units Price units from 26/10/2020 Top - Expected Low = -279 points (-3 points) 26/10/2020 Top price = 319.32 USD with +262.11 points range Total points range from Zero= 319.32 1/3*319.32 = 279 points at USD 39.92 price unit From origin 15/09/2014-26/10/2020 Top = 319 weeks 319*1.4142 = 451 weeks. Use tight SL
NYSE:BABAShort
by WU_WEI-CAPITAL
2
ES futures ready to tap 4,000?It was about as much of a risk-on day Tuesday could have been for US markets, with bond yields and indices rising with commodity FX. It allowed the S&P 500 E-mini futures contract to break a 3-day losing streak and form a 3-bar bullish reversal pattern (Morning Star), so perhaps the low for the week is in place? The 15-min chart shows prices hovering just below yesterday's high in a small bull-flag formation, although as this is out of hours trade then it's possible the market may pull back prior to another leg higher. - The bias is bullish above the daily pivot once we get evidence of momentum moving higher - Otherwise look for a low volatility pullback within yesterday's range and evidence of a swing low - Today we have our eyes on the resistance zone around 4,000 which includes the daily R1 pivot, Monday's VPOC and the 4,000 handle
CME_MINI:ES1!Long
by CityIndex
S&P 500 Daily Chart Analysis For Week of February 24, 2023Technical Analysis and Outlook The index Mean Res 4145 was the culprit target with the recent Intermediary Up Trend as shown on S&P 500 Daily Chart Analysis For the Week of Feb 17; all three targets were hit - Mean Sup 4060, Mean Sup 4015, and the Inner Index Dip 3980. The newly created Mean Res 4028 is our intermediate upside target - Dead-cat bounce. Keep in mind that the current bearish market sentiment is intact. There is a significant possibility that the Mean Sup 3890 and retest could be undertaken of Key Sup 3785 and completed of the Inner Index Dip 3785 as well.
SP:SPX
by TradeSelecter
S&P 500 Daily Chart Analysis For Week of February 17, 2023Technical Analysis and Outlook The index continues to respect our Mean Sup 4060 target as shown on S&P 500 Daily Chart Analysis For the Week of Feb 10. The newly created Mean Res 4145 is our intermediate upside target - However, keep in mind that the temporary bearish market sentiment is intact, and a significant possibility that the Mean Sup 4060 retest could be undertaken with an eye on the inner stepping stone of Mean Sup 4015 and completion of the Inner Index Dip 3980.
SP:SPX
by TradeSelecter
3
Dow Disbelief RallyIt has been over two years since the COVID crash and despite people sharing 2008 fractal patterns, traders' expectations of a stock market crash have yet to be realized. In fact, recent chart patterns for the Dow Jones and NAS100 suggest that bottoming patterns are emerging. For further technical analysis of the NAS100, please refer to: Notably, the Dow Jones has recently given a buy signal on stochastic momentum, though it is advisable to wait for monthly closure to confirm. Historical analysis indicates that whenever both signal lines close above the 40 level, some sort of bull market emerges. This signal has fired off 13 times since 1995, producing an average 24% move to the upside, with an average time frame of 276 days from signal to local top. Assuming a 24% move from current levels, the DOW is expected to reach 1.618 42268. Based on the chart evidence, it appears that the probability of a rally to the upside is higher than that of a 2008-style stock market crash, at least not within the next six months, barring any unforeseeable black swan event.
TVC:DJILong
by Sporia
dji short idea ello everyone how are you all. I am saying this area is date of 27 January the first witness in this index. and then we say the weakness is so much high and then prices going to upside but he didn't break the Last high. and then he came down also and there is also I am seeing a very good weakness in the next few days until 6 February nowadays today or next day we will see a good fall from this level price is 34200 is a major level and my opinion is a good sell Entry from here and my SL is 34 415 and TP is 32 9 55 let's see how price react thank you
WHSELFINVEST:WALLSTREETCFDShort
by raxdear2
Walt Disney - NYSE: A technical analysis. Pt1This article is going to look at the Walt Disney Company listed on the NYSE and my outlook on their stock performance for 2023 from a purely technical analysis perspective. I will not go too technically deep but will endeavor to SHOW my prediction for 2023. From the 1920’s Disney has transformed into a huge multinational with diverse service offerings, and has enjoyed steady growth over the years however the share price in the last few months has eroded some of this growth and 2023 in my opinion will be interesting and I will show you why. A look at the Walt Disney chart on the weekly timeframe will show something interesting Now from around Mar 2021, where Disney peaked to around $203, the company has been on a downward trajectory. Inserting a trend line from Nov ’21 to Dec ’22 which touches the highs, the share price dropped from around $180 to the low $90’s. Label this line AB. Also insert a trend line CB, (Jun '22 to Dec '22) showing the low points before price action reversed up. Our timeframe is on the weekly chart. There is an. interesting convergence at point B. (descending trend line and ascending trend line). This price action forms a descending wedge/ cone. Chart pattern analysts will view this as a sign of a trend reversal from falling prices to rising prices. This is what has currently transpired and the price shot up above the descending trend line AB. The price has risen to the current $111.63 (at time of writing). Does this mean that Disney is now back on the positive trajectory? Well allow me to show some interesting insights. The current stock price increase though exciting is accompanied by average volumes (not a lot of demand for the stock). The volume has been nothing but fair and not really convincing to show more upside potential in price. Now if you super –impose another trend line parallel to CB and labelled it DE, it will bring out a channel that might actually form the new path in which price will start moving in potentially. Now in some cases bull run prices that emerge from descending wedges do not break this parallel line, and it would be interesting if Disney does so. The final technical analysis tool for consideration though simplistic, is the epitome of elementary technical analysis. The moving averages. They have the ability to show support and resistance points. The 20,50,100,200 SMA on this weekly chart will help make my case for Walt Disney 2023 stock direction. Price action has broken above the 20 SMA and slightly over the 50 SMA (As of this week) however, there are some key resistance levels, that if not broken we will see further downward movement. If the price breaks the $119 level then we could probably see price go as high at $130 and then $170 and beyond. THE VERDICT I strongly think Disney will have another tough year on the market, from a technical perspective the stock is one that I would personally SELL in 2023. I have put up 4 scenarios, which are: Scenario A - price might retrace to around $120 and comeback down to $80or Scenario B - price goes up to around $143 or Scenario C price goes up to $168 retrace down $80. Scenario D which is unlikely might see Disney hit above $200 by Dec 2023. This technical analysis though not exhaustive might give some interesting insights. Verdict: - look for SELL opportunities when price action rises. we might close the year below $80. Takunda Mudenge is a financial market analyst based in Zimbabwe, Africa. He writes in his personal capacity for educational and entertainment purposes. This should not be construed, assumed or viewed as investment advice. Please consult a professional for such.
NYSE:DISShort
by takundamudenge
1
US30 20th JANUARY 2023Dow Jones and S&P 500 fell nearly 2% in Wednesday's overnight market, which was the biggest daily drop for both indices in a month. The decline came after weak economic data was released overnight, reigniting fears of a recession. In addition, hawkish comments from Federal Reserve officials also further worsened the fundamental mood of investors. Before the wall street stock market opened, US economic data for December showed that retail sales and Producer Price Index (PPI) data fell more than expected, while production at US factories also fell and total output in November was weaker than expected.
OANDA:US30USD
by DNP-FX
2