It's Time for the USD to Begin it's Next Bullish WaveUUP Testing to see if it can find new support at previous resistance after a prolonged breakout of a falling wedge. Now looks to be a good time to buy some cheap call options expiring within the next 1-3 months.
This also seems like a good signal that being careful with trading FX pairs against the USD seems to be the right thing to do as the USD looks like it may show new continued strength at any moment now.
Overall in the mid to long term the USD seems like it will be quite Bullish
Weeklymarketsanalysis
SPX's weekly update. 2ed week of April 2021- P/E : @ 40 .93 .Third highest reading since "1875"!!! Tops land. " Usually bottom of crashes not tops".
- SPX's Dividend Yield: @ 1.45 Possible target is 1.10 2000's bottom !!! US10Y @ 1.666
historically 10y note underperforming SPX in April & it has a sideway movements in April as well.
- Insiders: 6 Sell, 2 Buy. No up date on the website, still April 1st reading !!!
- Seasonality: April is the best month of the past 20 years & 2ed past 10Y. Max 12.5% Min (-6.1%)
with Q2 of post presidential election, since 1950, gain of 5% (already 3.5 % in the firs 10 days LoL !!!
- Deviation : Daily - @15.37 % (80 % single pullback) weekly - @39.06% (76% single pullback)
and at the edge of a 54% double digits pullback.
- Candles Auto recognition : White Marubozu 84 % bullish move NEXT. Nothing 7 months for monthly.
- Putt/Call composite @.600 Vs. .597Vs. last week = Still holding Higher Highs/Higher low. Kind of bouncing from 50d MA. Golden Cross looming
-Total Option Volume: 478329 Vs. 378667 big increase 25% up from last week.
- VIX : In our safe green zone, we hit 16.69 Vs. 17. 40 last week
Lowest seen # since last years crash + Closed 2020's "GAP"
- VWAP: @ 58.30 = No man's land, closer to up swing..
- DIX : 44% No man's land closer to a bottom or up swing.
- GEX : @ 22,999,000,000. 55% tops land, 35 % up swing 10% false signal. (HIGHEST READING IN 2Y)
- SPX : Above averages . We are getting 3 of them in the 90s very rare bullishness move here. !!!!
- NYSE: Above average nothing to mention.
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Key for this week :
1/ Bullish Barubozu Candle 84% success rate.
2/ Higher Deviation = Higher probability of a pullback.
3/ GEX is the highest in 2 years !!!
Weekly Outlook! 4/12-4/16Here is our weekly market outlook video for this coming week!
We take a look at the market as a whole as well as a quick recap of last weeks video!
AMEX:SPY NASDAQ:QQQ NASDAQ:FB NYSE:UBER NASDAQ:TSLA NASDAQ:AVGO NYSE:UPS NASDAQ:ATVI NASDAQ:QCOM NASDAQ:ADBE NYSE:FDX NYSE:WWE NASDAQ:NFLX
SPX's weekly update first week of April. Historically A+ month.
- P/E : @ 40.93 .Third highest reading since "1875"!!! Tops land. " Usually bottom of crashes not tops".
- SPX's Dividend Yield: @ 1.45 Possible target is 1.10 2000's bottom !!! US10Y @ 1.672 " Exactly like last "
- Insiders: 6 Sell, 2 Buy. Selling is down from 137. No activity here what so ever. Are they waiting !!!
- Seasonality: April is the best month of the past 20 years & 2ed past 10Y. Max 12.5% Min (-6.1%)
- Deviation : Daily - @13% (64% single pullback) weekly - @35% (76% single pullback)
- Candles Auto recognition : Nothing found 4 weeks in a row weekly, 7 months in a row for monthly.
- Putt/Call composite @.597 Vs. .764 Vs. last week = Less puts bought last week than the weeks before.
Still holding Higher Highs/Higher low. Kind of bouncing from 50d MA. Golden Cross looming
-Total Option Volume: 378667 Vs 295309 big increase 30% up from last week.
- VIX : In our safe green zone, we hit 17.40 Lowest seen # since last years crash + Closed 2020's "GAP"
- VWAP: @ 65 = No man's land, closer to up swing..
- DIX : 40 No man's land.
- GEX : @ 5,857,000,000 "No man's land".
- SPX : Above averages . They had us going last week the break down of 50d MA. Was a Bottom !!!!
- NYSE: Above average nothing to mention.
www.tradingview.com
SPX's Weekly update "Last week of March"/"Flash signal popping "- P/E : @39.73 Tops land " Usually bottom of crashes not tops"
- SPX's Dividend Yield: @ 1.49 Possible target is 1.10 2000's bottom !!! US10Y @ 1.672 " a bit lower "
- Insiders: 113 Sell, 43 Buy. Selling is down from 179, nothing of significant here. " Both look come"
- Seasonality: April is the best month of the past 20 years & 2ed past 10Y. Max 12.5% Min (-6.1%)
- Deviation : Daily - @12.52 (64% single pullback) weekly - @34.79 (76% single pullback)
- Candles Auto recognition : Nothing found three weeks in a row.
- Putt/Call composite @.764 Vs. .66 last week = More puts bought last week than the weeks before.
Higher Highs/Higher low Golden Cross coming soon every day passes it becomes closer = Pullback.
-Total Option Volume: 295309 big drop of 25 % from 400476
- VIX : In our safe green zone, we hit 18.68 Lowest seen # since last years crash=No volatility @ all!!!
- VWAP: @ 69.99 = 78% @ a bottom or up swing..
- DIX : 43.6 No man's land.
- GEX : @ 1,800,000,000 "No man's land".
- SPX : Above 50D MA average . *****FLASH SIGNAL OF A PROBABLE BIG PULLBACK.******** STAY NIMBLE COMING TWO WEEKS !!!!
- NYSE: Above average nothing to mention.
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BTC.D H&S pattern Is it only me that see the H&S pattern in BTC dominance (weekly chart) ?
Of course NOT , but we are sitting in the neckline which has been very strong support for a long time (almost 940 days) , if we see a breakout from downside (breakdown) it would be amazing for ALTs and probably a strong ALT SEASON
What you think about Bitcoin dominance and my analysis ?
Let me know your thoughts on comment section
Chainlink it's ready to go up on these targets!!!If you're interesting in Chainlink, noticed that Chainlink it's extremely bullish by long term!!! That it's amazing opportunity to accumulate more Chainlink in this altseason. For that, this crytpocurrency it's under my radar as Chainlnk it's one of the favorite for crytpo-enthusiastic. And also, I am a Chainlink holder and enthusiastic in this crytpocurrency.
For that, in medium to long term, we can to see a Chainlink in these targets:
1. Target #1: $50 USD
2. Target #2: $100 USD
3. Target #3: $300 USD
NIFTY and BANKNIFTY Weekly Trade Plan 22Mar--------------- WEEKLY ANALYSIS 22- FEB-----------
overall Trend remains down until we see a follow up of the Friday action.
NIFTY Futures - Key immediate levels are 14750F areas for a bullish or bearish bias.
1. Look for a move below 14750 for a move to 14480/14320/14175
2. Hold and support at 14750F or higher look for a push higher to 14890/15k areas
BANKNIFTY Key Trend decider areas are 34350-550F zones.
1. Failure to hold above look to see downside moves to test 33775/32850
2. Hold above for a move to 35080/35950F
EURUSD testing a weekly support 🦐EURUSD on the weekly chart is moving inside an ascending channel.
The market after the test of the monthly resistance exactly below a descending trendline started a retracement move.
According to Plancton' s strategy if the price will break below we can set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
A bearish week might be expected for the ZB and ZN market.Those who trusted treasury bonds have lost this trust, we can think of Asians who are the largest holders of treasury bonds.
The interest rate can only go up and up we can expect easy money. The weekly chart shows a significant bearish trend that may have room to extend.
Don't try to surf, just sell and wait.
Easy money by selling short US bonds market ( ZN & ZB) The interest rate can only go up and up, we can expect easy money.
The weekly chart shows a significant bearish trend that may have room to extend.
Don't try to surf , just sell and wait.
others markets ( stock indices , commodities, and currencies) will be volatile and quite difficult to trade, while the bonds market have only one trend : the south.
Nifty and Banknifty Weekly Plan 15 March-2021NIFTY and BANKNIFTY had the weekly split into two halves and have closed on the lower half, thanks to the strong sell move on Friday.
NIFTY we have also seen a consistent failure to get past the 15300 levels on multiple occasions.
Nifty Futures- Weekly Trend decider at 15150F levels.
Key Swing Levels are 15260 on the upside and 14770 on the downside.
1. Failure to cross 15150F we will look for move lower to 14890 / 14770
2. Cross and hold above will look for a move to 14260/ 14330
Banknifty Futures- Weekly Trend decider at 35650-750F areas.
Key swing reference is 34700-750F areas.
1. Pullback and failure to cross 35600-750F areas, look for a short side play.
2. Also another level to watch is 35350F areas on the downside. Hold or break below for a break down or a pullback play.
3. Downside target levels are 34900/ 34750/34665
2. Break and hold abv look for test to 36030/ 36480
All levels on the futures.
Waiting For The BreakoutLoving this setup also for the week. GBPAUD is consolidating underneath a weekly level and I'm waiting for the breakout to take this trade.
On the higher timeframes, it looks like that it's going to come back down to the 1.75485 daily area before ticking back up. But if it doesn't we're in for a solid bull run that can last a couple of weeks minimum. Let's wait and see.
BEAR TPs:
• 1.78354
• 1.76923
• 1.75485
BULL TPs:
• 1.79976
• 1.81397
• 1.82358
A Giant Slant With No Pullback Setting Up For A Big DropGBPUSD has been moving is a large slant for a lengthy period of time according to the daily. And a slant with no pullback of any kind means that a drop is coming. The sideways movement we're seeing could be setting up for a major move to the downside, or a temporary climb further up before it comes crashing back down. Time will tell. Here are the TPs.
BEAR TPs:
• 1.36126
• 1.35326
• 1.34493
• 1.33804
BULL TPs:
• 1.37593
• 1.38250
• 1.39098
• 1.39786