Buying DOW at 4H candle closes.DOW30 - Intraday - We look to Buy at 32811 (stop at 32561)
The medium term bias remains bearish.
The 261.8% Fibonacci extension is located at 28943 from 34939 to 32649.
Bespoke support is located at 28933.
Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 33558 and 34093
Resistance: 33558 / 34093 / 35000
Support: 32810 / 32709 / 28943
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Wallstreet
LONG TERM POSITION DJIAUse strict stop. Wait for price to reach Entry as indicated. First TP @ 44383.38.
S&P 500 Daily Chart Analysis For Week of December 16, 2022Outer Index Rally 4140 is currently being shelved. The downtrend sentiment points to a newly created Inner Index Dip 3785, with the possibility of extension to Mean Sup 3720. The Mean Sup 3860 is a stronghold for the time being, as specified in the S&P 500 Daily Chart Analysis For the Week of December 9. The upside target to the Mean Res 3912 is likely from the current position or once the dip is completed. Of course, the question is, “From which support/outcome level will this puppy break enacting finalization of the down movement?
No secret‼️👀😉🔴inflation🔵rate⚫️marketsNo secret‼️👀😉
🔴inflation up⬆️
🔵rate hikes⬆️
⚫️markets down⬇️
🔴inflation down⬇️
🔵rate cuts⬇️
⚫️markets up⬆️
Bitcoin and Crypto equal markets like DowJones NASDAQ and Co
Chart 1
1972 - 1986
Chart 2
current situation - see update
What do YOU expect in points of inflation?
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
The S&P500 rally stalled at a key resistance clusterThe jury is out over whether a bear-market rally has topped, or last week’s decline is simply a pullback ahead of its next break higher. Yet the turn of momentum at a key resistance cluster suggests bears are regaining control.
The S&P 500 had its most bearish week in 5 as its rally stalled at the 50-week MEA, trend resistance, a 161.8% Fibonacci ratio and the September high. The daily chart shows prices closed below trend resistance, and the market has since failed to move back up to 4,000. A bearish outside day formed on Friday to who momentum is trying to turn lower.
A break below 3915 assumes bearish continuation, with 3818.2 an initial target, and a break below 3800 brings 3700 into focus.
S&P 500 Daily Chart Analysis For Week of December 9, 2022Technical Analysis and Outlook
Outer Index Rally 4140 is currently postponed. The downtrend sentiment points to a newly created Mean Res $3965, with the possibility of a support level of the Mean Sup 3860 emerging first as the primary target destination. The upside target to the Mean Sup 3965 is probable once the dip to the Mean Sup 3860 is completed. Of course, the question is always “Which way will this puppy break from the current position?”
S&P 500 Daily Chart Analysis For Week of December 2, 2022Technical Analysis and Outlook
Outer Index Rally 4140 is currently in play. The uptrend sentiment might be temporarily restricted by Mean Res 4085 and Mean Res 4110. The downside target to the Mean Sup 3948 is likely once the major rally to the above outcome is completed. The possibility of additional previously specified support levels will emerge - See previous chart analysis postings.
Nasdaq Preparing for another Bearish Move. Short NDXNasdaq is preparing for a downward move. The major Bearish market is preparing to bottom. Use a tight stop. Trade safe
S&P 500 Daily Chart Analysis For Week of November 25, 2022Technical Analysis and Outlook
Outer Index Rally 4060's upside target (As shown on Chart Analysis For the Week of November 18) with the additional target is potential #2 Outer Index Rally 4140. The current sentiment is confirmed by the obsoletion of the Mean Res 3995; The downside target to the newly created Mean Sup 3948 is very probable before a major rally to the above outcome. The possibility of extension to Mean Sup 3745 and beyond is delayed in the foreseeable future.
CHTR LongCharter Communications Inc Long confirmation ... As we see there was consolidation (130 M Total volume) Buyers were liquidated on $300 level, now it's time to kill sellers ! Market Makers are really cool at what they do ...
HDSN heading on up $14.00HDSN is showing a classic bull formation for upside.
We have a Double Bottom accompanies by 7>21>200 Moving Averages.
Right now we are seeing a retest to the 21MA which hopefully it gets its catalyst for further upside.
I don't like how the breakout was treated, but the system is the system and the long is activated.
NZDUSD on RBNZ rates and monetary policy announcement, US minuteINTRO
A rise of 75 basis points is the order of the day.
Retail sales on Thursday may bring volatility to the Kiwi
0.62 (61.8% fibonacci) is the new resistance to beat
FUNDAMENTAL OVERVIEW
The Chinese economy continues to be impacted by COVID, impacting stocks and markets. The currency pair was affected by a slowdown in its gains as the U.S. dollar index found refuge for investors globally. There are several announcements today Tuesday that could bring volatility to the NZDUSD currency pair. Rates are expected to rise as markets see no slowdown in hawkish U.S. economic policy.
European Central Bank Governing Council member Robert Holzmann said on Tuesday he had not yet decided to vote at the next rate-setting meeting in December, but would favor a 0.75 cent hike unless there was a significant improvement.
TECHNICAL OVERVIEW
Strong resistance has kiwi bulls frustrated. The confluence of EMA200 and the 0.62 level (61.8% Fibonacci) has investors considering a continuation of the call. The pair is up 12.5% from a low of 0.55 hit in October. A bearish channel on the daily bar chart has been broken, but the uptrend could change due to expected volatility from the rate decision and Thursday's meeting minutes. Confirmation of the 0.60 level as support could lead the pair to seek resistance at 0.64 (50% Fibonacci).
S&P 500 Daily Chart Analysis For Week of November 18, 2022Technical Analysis and Outlook
Outer Index Rally 4060's upside target (As shown on Chart Analysis For the Week of November 11) is currently in progress along with potential #2 Outer Index Rally 4140; however, the newly created Mean Res 3995 is in the interim a roadblock. The downside selected target to Mean Sup 3915 is very high once the completion(s) is triggered, with the possibility of extension to Mean Sup 3745 and beyond - in the foreseeable future.
SPX Weekly Forecast Targets $4137I will be targeting $4137- $4150 from a weekly perspective. As any trader can see, price has broken above weekly resistance level that needs to be retested to gather daily momentum for a nice daily bullish impulse.
From a daily perspective, price has created a typical double top pattern which in most cases allows for the H4 to exhaust, I will be looking for easily identifiable exhaust patterns on h4 which include (impulse correction impulse)
SPX Could Takeout Take $4137Since the monthly and weekly point towards more gains on SPX, I will be looking for buying opportunities near $3900-3910 (Weekly Support),
As soon as the H4 creates an exhaustion pattern, I will place some buys from the 5-15 min timeframes around $3900-3910
We should expect a quick H4-H1 downside impulse between London and US open followed by a nice impulse to the upside resulting in a daily candle that forms a wick to the downside.
US30 LongThe price has been forming a falling channel for the past few weeks. The lowest low of the trend formed a double bottom , which is an indicator that the trend was to be a bullish move. The price is now at the top trendline of the channel.
I anticipate that the price might continue with the bullish run, and I have 2 possible scenarios of the entry zone. The first is below the current price at around 32200 and the second, at the top of the current price at around 33000.
My position will be at 32950, as I am using the pullback strategy to enter my positions hence it will be above the highest high formed.
The other reason as to why I am trading bullish is the current client sentiment of this index is 75% short and 25% long, and we are all aware that the market markers tend to move in reversal of the crowds anticipation. (Look at the Daily Forex website for the clients sentiment data)
My targets are 33500, 34050 and 34600 thus my target R:R is 1: 3.
Remember, risk only 1-2% of your account!
S&P 500 Daily Chart Analysis For Week of November 11, 2022Technical 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 and beyond - in the foreseeable future.
Dow Jones set for more downsideDow Jones has had a nice rally here but we should see soem more downside as the economy weakens and the Fed keeps raising interest rates
S&P 500 Daily Chart Analysis For Week of November 4, 2022Technical Analysis and Outlook
The upside target marked at 3975 has been partially completed—the newly created Mean Res 3805 is currently designated as the primary target. Mean Res 3900, Mean Res 3955, and Outer Index Rally 3975 are in the making. Downside target designated to Mean Sup 3715 is very high, with the possibility of extension to Mean Sup 3665 and beyond - in the foreseeable future.
The Wall StreetFriday, 4 November 2022
15:44 PM (WIB)
Bulls Market has losses of around 3.22% on date 3 November 2022, late midnight at 00:00 AM (WIB). The times of trading could not be underestimated and floating in trading transactions again. What times in Europe and New York while in Asia at late midnight? The funds could be destroyed immediately if forget to set Stop Loss or even get worse to trade in big amounts.
The big players seem trying to seek and destroy the stop loss trail, as seen on the chart on 3 November, at 00:00 AM late midnight. Supposed to be traded in a safety zone and at time of office hours, Not at after hours or late midnight.
Back to the bulls, losing about 3.22% because of the Double Top Formation, will lead the bulls back to the top and get even.
From the top of resistance of the double top, there will be a stronger bear market that will move the price down to the target direction of around 50% to 61.8% F.
HON Daily Technical AnalysisA SHORT Position
Support Price: 204,26 - 206,40 - 207,84
Resistance Price:200,50 - 193,67 - 184,36 - 179,77
Daily and Hourly indicators NEGATIVE. With market stuation price can DOWN. All Market index looking like will go DOWN. So HON can be good for short position.
Its i my mind. it is not a investment mind
