Wallstreet
US30USD ShortConsidering that this price completed the rising flag pattern and retested the lower trendline, I do anticipate that the momentum might be bearish. This will depend the one candle stick that closes after the doji.
Still, my entry point will be 39400, SL at 40,000 at TP at 38000
S&P 500 Daily Chart Analysis For Week of Aug 9, 2024Technical Analysis and Outlook:
The S&P 500 Index displayed severe downward movement during the current week's trading session as we blasted through Key Sup 5238 and completed our long-time flagged target, Inner Index Dip 5131. The resilient rebound occurs, and the current market price action rests at Mean Res 5345. The likelihood of interim downward pressure toward the Mean Support at 5280 exists before the index resumes its upward trajectory. However, the prevailing price action suggests a sustained uptrend toward the Inner Interim Index Rally 5443, possibly extending to Mean Res 5525. However, these attained targets are likely to exert downward pressure.
GBPUSDContinuing yesterday's narrative, I am still buying but with a low lot, the price still has a lot of pending supply to liquidate, therefore at the London opening I will look for longs up to the price 1.28815
US30USD Weekly AnalysisThis index has been forming a rising flag pattern for the past few weeks which IMO is a strong indicator of a bearish momentum.
I do anticipate that the momentum will continue and test the market zone at 38.2 A follow-up analysis using shorter time frames will follow.
S&P 500 Daily Chart Analysis For Week of Aug 2, 2024Technical Analysis and Outlook:
The S&P 500 Index (Spooz) displayed notable volatility during the current week's trading session, departing from recent trends. As an analysis of the Weekly Chart for July 26 reveals the index reached the projected Mean Support level of 5402 before surging to the designated target, Mean Res 5567. Upon achieving this target, the Spooz dropped to our selected Inner Index Dip 5345 target like a bad habit. The prevailing price action suggests a sustained uptrend toward the Mean Res 5449 and a possible extension to the Mean Res 5525 in the upcoming week's trading sessions. It is worth noting that these attained targets are likely to exert downward pressure.
S&P 500 Daily Chart Analysis For Week of July 26, 2024Technical Analysis and Outlook:
The S&P 500 Index, also known as Spooz, demonstrated a significant downward trend, as analysed in the Weekly Chart for July 19. It reached the anticipated Mean Support level at 5449 and Key Support at 5420. There is an expectation of a swift recovery after reaching these levels, propelling the price toward the designated Mean Resistance target at 5567. Nonetheless, the prevailing price action indicates a sustained primary decline toward the Key Sup 5350 and Inner Index Dip of 5345 in the forthcoming week/week's trading sessions. It is acknowledged that these achieved targets will exert pressure for a robust rebound.
US30USD Pattern FormationThis index has been forming a bullish pennant for the past few days. It has retested the resistance zone, which has now converted to a support zone.
I do anticipate that this index will continue with its bullish and a follow up analysis using a shorter time frame will be done so that we can have a clear entry point.
CRWD SHOULD BE ADDED 26th july 2024CRWD should be added as per the entry on tbe chart with proper momey management and SL levels.
Wall Street ShortAfter rebounding from the upper trendline, it seems that this index is forming a rising flag, which IMO is a strong indicator for a bearish momentum.
Based on the previous analysis I had done, I anticipate that the price will complete this pattern at 39000.
Entry position at 40100, Sl at 40600 and TP at 39000
US30a closer look at what I'm waiting for. Enter only with confirmation. We still hadn't hit the higher time frame's resistance or supply.
US30Just a simple trade, waiting for confirmation, managing money, and then jumping in. Thank me later.
US30USD Bearish Pattern FormationI think that the bullish run is over and we have witnessed the formation of a rising flag, which IMO, looks like more of a bearish setup to me. (ID Timeframe).
I do anticipate that the bearish run look inevitable and let us dig deeper into the shorter timeframes to get the best position for an entry.
META UPSIDE TARGETS 22 July 2024Meta is showing 2 possible targets on the upside. These are not option levels. Lets wait for this week to see a clear picture
SPY WEEKLY 22 JULY 2024This is my analysis of SPY.I have discussed how to trade & why to wait for further price action.
NOTE: WAIT FOR FURTHER PRICE ACTION
S&P 500 Daily Chart Analysis For Week of July 19, 2024Technical Analysis and Outlook:
The Spooz has once again demonstrated resilience in this week's trading session by banging on Key Res 5635 and completed Inner Index Rally 5642. This week's achievement was also the completion of Inner Index Rally 5668. The prevailing price action suggests a continuous primary decline toward the Mean Support at 5449 and a conceivable extension to the Mean Support at 5420. Anticipation surrounds a prompt recovery after attaining these targets, directing the price toward the designated target of Mean Resistance at 5567, with a conceivable extension to Key Resistance at 5666 in the impending week's trading session.
S&P 500 Daily Chart Analysis For Week of July 12, 2024Technical Analysis and Outlook:
The Spooz has again demonstrated resilience in this week's trading session, advancing to the next Outer Index Rally 6515 and completing the newly created Inner Index Rally 5642. The current price action suggests a primary squeeze to Mean Sup 5577 and a secondary squeeze to Mean Sup 5535. The additional supplemental squeeze target 5449 cannot be discounted.
Uber looking bullish July 11 2024Uber is looking bullish and can do 80+ as there is nothing to stop price at the top.
ABNB BULLISH JULY 10 2024Abnb has got just 1 resistance and thats it and we will rally and I am long in this. This is not a penny stock like SNAP.
NOTE: I AM LONG WITH STOCKS
SNAP looking bullish July 10 2024Snap is looking very good at current price but these are penny stocks so trade with SL.
Snap is looking very good
AVOID CLSK JULY 7 2024I have clearly explained why to stay away from clean spark. I can catch it at a higher level and minimum risk.
Right now the risk is too much. If you have any questions feel free to DM me.
AMD BULLISH ANALYSIS 6TH JULY2024AMD is looking very bullish. It can do $215 easily. Watch the analysis as I have discussed how to add AMD.
Let me know if you have any doubts.
SPY WEEKLY JULY 8 2024SPY weekly is here. If you have any doubts feel free to DM me here.
I have clearly discussed the long levels. Go through the analysis and focus on understanding what price is trying to tell you
