Wallstreet
$MU | Watchlist #1 | 12/27 - 12/31 MU 94 BOUNCE
or 92.7-93 BOUNCE
Strategy:
Post earnings report rally
Buy into weakness at the bounce levels
News Catalyst: "Micron Technology (MU) shares were up nearly 5% to trade at $94.84 on Thursday, as more than 25 million shares changed hands shortly before 2:30 p.m. EST. Over the past five trading sessions, Micron has risen more than 16%, compared to a 1.7% gain for the S&P 500." - seekingalpha.com
Crypto / Bitcoin vs. Wallstreet / S&P500 ...Update on: Crypto / Bitcoin vs. Wallstreet / S&P500 ...
Traditional markets with higher highs on 4h chart...
...but bearish divergence with RSI .
Bitcoin and Ethereum with lower lows on 4h chart...
...but bullish divergence with RSI
Crypto are doing better in the moment.
Since the RSI of traditional markets is oversold a bounce with good vibes for Crypto is possible.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
Crypto / Bitcoin vs. Wallstreet / S&P500Crypto / Bitcoin vs. Wallstreet / S&P500...
Traditional markets with higher highs on 4h chart...
...but bearish divergence with RSI.
Bitcoin and Ethereum with lower lows on 4h chart...
...but bullish divergence with RSI
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
Who is stronger in current market pressure - Crypto or traditionOnly by rating the daily price and SMA 50 (blue line) SMA 100 (orange line) and SMA 200 (violet line)...
Price for 1 place
Ethereum
Price for 2 place
Bitcoin
Price for 3 place
Wallstreet
lucky looser
German DAX40
Have some fun with this analysis 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
Will Bitcoin dicouple from traditional markets ?In 4 out of 6 cases in 2021 Wallstreet (US30) touching the 50 EMA daily caused the Bitcoin prices to rally.
That shows the strong support of 50 EMAs for traditional markets and that Bitcoin and Crypto are not completely decoupled from these markets.
Today Wallstreet (US30) touches the EMA50 again ... what will that bring for Bitcoin in the next few days?
*no financial advice
do your own research before investing
S&P 500 Futures Pushing for New Record Highs, Where to?S&P 500 futures seem to be pushing for new highs during Friday Asia-Pacific trade.
On the 4-hour chart, this follows brief consolidation since earlier this month. Negative RSI divergence still persists, showing fading upside momentum. This can at times precede a turn lower.
Keep a close eye on the 50- and 100-period Simple Moving Averages. These remain tilted upward and could offer key support in the event of a turn lower.
Immediate resistance could be the 23.5% Fibonacci extension at 4731.75. Above that is the 38.2% extension at 4797.75.
Signs of a material turn lower could come from taking out the key 4644 - 4625 support zone in the event of a false breakout.
CME_MINI:ES1!
$UPST Trade Idea $UPST had a bad report for earnings gapping it down. Saw some big selling going on today with buyers stepping in for tons of bearish flow. I will look for more continuation on this to the downside tomorrow.
Ticker: $UPST
Entry: 229.50
Targets: 225.25, 218.50, 210.50, and 200
Stop Loss: 15%
Will update in PM.
S&P 500 Daily Chart Analysis For Nvember 8, 2021 Technical Analysis and Outlook
The present fractal model suggests that the next significant target of interest will be the Inner Index Rally marked at 4,775, along with the future Next Outer Index Rally 4,925. The Mean Sup 4,545 is high quality and significant buy point.
Nas100 Market open shortI took my short entry based on what I've been seeing every day during market open. I took the entry as the market opened and had my Stop Loss set for 400 pips, and my Take Profits set at 400 and 800 pips, or 1R and 2R. I closed half my position at each R multiples and managed to secure 4.5% profits on today's trade
Amazing prediction/Do not miss this buy opportunity on US30In my previous analysis I mentioned that US30 will make new record high.
🔍 Technical expectations:
🔹Bulls will push price higher and stand their ground at 35700, protecting that level seeing that it is already violating the previous high at 35650.
🔹Bulls will target 36000 as from this point.
Do not miss this money making opportunity. Take your time to explore some of my past analyses by following the links below.
🤗What do you think of US30, will the rally up continue or bears will push price down? Please comment below🤔
Please support this idea with a like👍
Many wishes!
US30 will set a new record high if bulls defend 35000Same as its partners, Nas100 and S&P500, US30 is headed up.
🔍 My expectations:
🔹Bulls defending the violated recent highs, will trigger momentum to the upside.
🔹Bears will stand their ground at the previous higher high around 35514 and 35600 but I expect their strength to be diminished in a short period of time.
🔹A violation of the previous higher high will trigger more buying pressure which will send price high as to 36000 setting a new record high of all time for US30😁
🤗What do you think? Please comment below🤔
Please support this idea with a like 👍
Many wishes!
$BTC is killing me lol...Not that I'm wrong....Sheesh just explode.... smh so we have a little downside here and it should breakout about or around 8pm... DO NOT EVER FOMO UNLESS YOU ARE CERTAIN OF YOUR TP's AND STOP's. So I charted this beautifully and was busy at the time not realizing how fast BTC moves and I missed the original entry I made for myself. Had I got in at my original price I wouldn't have lost a dollar to this play... When you miss the correct entry you are forced to scalp or add heavy before liquidation... If you hit the mark its more or less smooth sailing to the end of the contract... I missed my entry I chased... found a good location then made the mistake of adding to my position at the wrong time which moved my liquidation causing me to get liquidated twice... but thats not the issue... My issue lies in trying to justify a new position by trying to make it into the original position which you can't do. I literally missed my entry and still made over 2k, but then I watched 3k in profit just turn red!!! How much of a greedy idiot am I?!!!! Needless to say all the money I made on this play damn near gone all because i missed my original entry....
PLEASE MANAGE YOUR ACCOUNTS WISELY AND KNOW THAT THERE WILL COME ANOTHER RUN...SHIT WE HAVE 2 MORE BEFORE THE END OF THE YEAR TO COME... SO I COULD HAVE WAITED AND STILL HAD MORE MONEY!
THIS IS NOT FINANCIAL ADVISE! THIS IS FOR EDUCATIONAL PURPOSES ONLY USE THIS INFORMATION AT YOUR OWN RISK.
**Remove Your Emotions
**Don't Chase
**Think Double Check And Check Again Before You Enter A Play!!!
GOOD LUCK TRADING!
BTC...Here We Go Again!This is getting fun I'm getting better... headed to $57876 area. All the lines are points on the Fibs so just follow them up... after 60k we will chart out our $90K mission.
THIS IS NOT FINANCIAL ADVICE! THIS INFORMATION IS FOR EDUCATION USE ONLY! PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING IN ANYTHING! GOOD LUCK TRADING...