Nifty downtrend continues with price resting on strong support.Nifty downtrend continues with price resting on strong support. It may retrace before fall to continue.Shortby ZYLOSTAR_strategy3
SPX: Long-Term Fibonacci ChannelsAfter encountering old chart, I though to redefine some coordinates. It played out well, however I would like to experiment using actual chart-based extremes to predefine levels. Measuring historic market's most significant HH & LL with fibonacci channels to project psychological levels into the future. Logarithmic scale is a must for this type of analysis. Fibonacci Channels: Using bottoms for direction: Oct '74 & Mar '09 (complete cycles); 3rd point mapping extreme Mar '00 Top for a range. Direction: Mar '09 bottom & Covid bottom; relating to Jan '22 top to define more relevant range. Using multiple Fibonacci channels enhances trend analysis by providing a broader perspective on price movements. This approach identifies key price levels, confluence zones, and trend strength more effectively. However, it’s important to avoid overcomplicating the chart by focusing on the most relevant channels that align with the overall market direction.by fract2
Banknifty - Weekly view ( February Monthly Expiry Week )Shorting opportunity is risky as well as low for BankNifty in the upcoming week even though it is not looking bullish but due to uncertainty in BankNifty . Expecting high volatility and choppy moves throughout the week , the upcoming week is going to be a truncated week as well as a monthly expiry week, so one needs to be really cautious . Levels to watch for the upside side and downside are listed below: .) Upon crossing the base of 49120 and 49350, we can expect momentum to continue upto 49800-50300 .) On the downside, the important support range is 49400-47937, and upon breaching this range, BankNifty can slip upto a very important short covering level of 47400-350, which can also be considered as a weekly low .Longby IshanMathur05Updated 1
US30What is US30? The US30, also known as the Dow Jones Industrial Average (DJIA), is a stock market index that represents the performance of 30 large publicly traded companies in the United States. It is a price-weighted index, meaning that stocks with higher share prices have more influence on its movement. The US30 serves as a key indicator of the overall health and performance of the U.S. stock market and economy. SIR ,Jerome H. Powell serves as the Chairman of the Federal Reserve, which is often referred to as "the Fed." He plays a crucial role in setting monetary policy decisions for the United States How Do Fed Monetary Policies Affect US30? The Federal Reserve's monetary policies significantly impact financial markets, including indices like US30. The primary tool used by the Fed to implement these policies is adjusting interest rates. (1)Interest Rates and Their Impact Raising Interest Rates: When inflation rises or economic growth becomes too rapid, increasing interest rates can help slow down economic activity by making borrowing more expensive. This typically leads to decreased spending and investment in stocks, potentially causing indices like US30 to decline. (2)Lowering Interest Rates: Conversely, when economic growth slows down or during periods of low inflation, reducing interest rates makes borrowing cheaper. This encourages spending and investment in stocks, potentially boosting indices like US30. (3)Market Sentiment: Changes in interest rates affect investor sentiment towards equities. Lower rates generally boost investor confidence by making it cheaper for companies to borrow money for expansion or investment. Economic Indicators: Since US30 reflects major U.S.-based corporations' performance across various sectors (e.g., technology and finance), changes in monetary policy can influence these sectors differently based on their reliance on borrowing costs. (3)Volatility: Adjustments in monetary policy can lead to increased volatility in financial markets as investors react quickly to potential shifts in economic conditions signaled by rate changes. In summary, Fed monetary policies directly influence how investors perceive risk and allocate capital between different asset classes such as bonds versus equities (like those tracked by US30). These perceptions drive market movements based on expectations about future economic conditions influenced by central bank actions16:32by Shavyfxhub2
USD Bulls on the RopesThe US dollar (USD) – per the US Dollar Index – is on track to end February on the ropes following January’s monthly indecision candle at the resistance of 109.33. I believe USD bears have space to drive towards a ‘local’ descending support around 105.40ish, extended from the high of 107.35. Similarly, the daily timeframe demonstrates scope for sellers to strengthen their grip. Last week witnessed the Index reject resistance at 107.05, drawing focus towards an ‘alternate’ AB=CD from 105.77 (the 1.272% Fibonacci projection ratio). For those unfamiliar with Harmonic trading, an alternate AB=CD is simply an extended equal AB=CD formation using either 1.272% or 1.618% Fibonacci projection ratios. Interestingly, not only does the alternate AB=CD pattern share chart space with daily support at 105.62, but these daily levels are located just north of the monthly timeframe’s descending support line underlined above. Consequently, although there is room for bears to take control in the short to medium term, the combination of the monthly and daily support levels could entice profit-taking and encourage fresh long positions into the market, should we reach said area. Given monthly and daily charts echoing a bearish vibe, I will primarily focus on short-term resistance levels this week. One standout area of H1 resistance is between 107.24 and 107.14, made up of two trendline resistance lines (drawn from 109.88 and 106.57), a horizontal resistance level and two Fibonacci retracement ratios (78.6% and 38.2%). What is also interesting from a technical perspective is that the above-noted H1 resistance zone converges closely with daily resistance mentioned above at 107.05, therefore should the H1 resistance area be tested, the fact daily resistance is also present could add weight to a bearish showing. Should we fail to reach as high as the H1 zone, my next base case scenario is to watch local H1 supports to cede ground to trigger possible selling opportunities: the 106.43 low, for example. Shortby FPMarkets1
Nifty Weekly View - ( February Monthly Expiry Week )After failing to cross upside range for the past 6 weeks, we can expect Nifty to fall from this range and test lower side levels . On the downside, important levels to watch on the downside in the upcoming week are: 1.) 22456 2.) 22263 3.) 22066 While I expect Nifty to form a low in the first half of the week, we can expect about 50-60% pullback from lows in the second half of the week . High volatility throughout the week.by IshanMathur051
US30 *Possible short term sell.Daily chart analysis* Market in an Up trend, at price 45,040.38 had made a double top, that was the highest price historically. Currently is retracing at 43,327.36 zone, waiting on a 4 hour/1 hour timeframe if price is going to break or retest that zone for a possible short term sell from the retracement zone to the trend line and support zone at 41,741.22. Future Possible buy zone at 41,741.22 or sell if support zone and trend line is broken and retested. Shortby yrr95_fx1
US500/SPX morning analysisBearish analysis of US500/SPX. Weekly RSI with bearish divergence. Median line of pitchfork remains untagged, implying move down towards October 2022 low. Convergence of fib levels/resistance at 6123.9-6144.4; length of move from October 2022 low is the same length as move from March 2020 low to January 2022 high, ATH with near-perfect tag of 2 fib channel expansion projected from January 2022 high to Octobe 2022 low.Shortby discobiscuit1
$NAS100 IdeaIf the monthly close occurs as projected, we will confirm a double liquidity purge, signaling a bearish scenario. Additionally, buyer liquidity will have been absorbed, with the price closing within the range, further reinforcing the downside perspective for NAS100. However, we still have one more week to validate this bias. On the daily chart, we will wait for a market structure shift before considering short positions.Shortby Pilucax1
Nifty & Sensex Analysis & Trade Plan for 24th FebruaryNifty & Sensex Analysis & Trade Plan for 24th February06:27by rahulbora112
5-0 pattern counts complete after the flushTwo patterns … Shark pattern followed by the into the 5.0 has counted complete. I’ll be watching for a push back toward the high…Longby mrenigma1
Bear divergence spotet on Stocks !! Correction incoming Lower high on the rsi is confirming with the falling momentum of MACD an upcoming correction which will infect also the crypto market. Healthy correction coming and gives new opportunities for long entries after the dump Shortby TheseNuts1
S&P drops 1.5% in worst session of '25S&P (US500) index pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a sideways consolidation after retest of all time high on 19th Feb ‘25. The key trading level is at 5980 level, the consolidation price range and also the previous resistance now newly formed support zone. A corrective pullback from the current levels and a bullish bounce back from the 5980 level could target the upside resistance at 6070 (20 DMA) followed by the 6100 and 6140 levels over the longer timeframe. Alternatively, a confirmed loss of the 5980 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 5920 support level followed by 5830. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice. by TradeNation223
Dow Jones about to crash to "41k" in the coming weeks Dow Jones (US30) Faces Heavy Selling Pressure! Are we likely to see a drop to 41k zone or will it still hold its bullish momentum ?Short13:32by Kene2473
buyers on us100once price drops to 22120 levels at the open bell and gives a change in delta on footprint ill be entering and setting a smaller sl Longby precious15olumorUpdated 113
GER40The GER40, also known as the DAX 40, is a stock market index that represents the performance of 40 major German companies listed on the Frankfurt Stock Exchange. It serves as a benchmark for the German economy and is heavily influenced by macroeconomic data from Germany and Europe. Key Points: the DAX has shown resilience but faces resistance at higher levels. It reached an all-time high in February 2025 but has since encountered challenges in breaking through significant resistance at 22,498.3 levels Influencing Factor such as Macroeconomic Data print ,( Positive GDP growth, employment rates, retail sales. ECB decisions significantly impact the DAX; tightening monetary policy can pressure it downward Global Economic Conditions,The index reacts to global economic sentiment and geopolitical tensions. Longby Shavyfxhub3
CAC40THE next buy floor is 7823 ,on the retest of the broken supply roof ,we could be seeing demand momentum on the floor do your research on CAC40, i will be trading the France economy next week on demo account .by Shavyfxhub2
Crucial to observe Price action on Monday and TuesdayDisclaimer: This is solely a personal opinion and not investment advice. Please conduct your own assessment before making any decisions. The market performance last week aligned with prior expectations. Price maintaining an upward trend from Monday to Thursday. On Friday, prices saw a noticeable pullback; however, the decline was limited and did not break the previous low, remaining above 21,436. If bearish, next week, the price should break below 21,436 between Monday and Tuesday, with any rebound likely staying below 22,000. If the price successfully breaks below 21,436, short opportunities can be considered in the 21,700–21,950 range, with downside targets at 20,870, 20,648, and 20,549. However, in my opinion, the probability of this scenario is relatively low at the moment. The market is still maintaining a bullish structure with higher highs and higher lows. It is likely that the price will find support around 21436. If the price fails to break below 21,436 effectively on Monday or Tuesday and instead rebounds with solid support near this level, the market is more likely to maintain its upward trend. In this case, long opportunities could be considered on dips, with an upside target of 22,300–22,465. If the bulls gain control, there is a high probability that the price will retest 21,950 between Monday and Tuesday. However, if the price fails to retest 21,950 and remains above 21,700, it may indicate weak bullish momentum, suggesting a potential further decline. Next week, it will be crucial to observe the market’s performance on Monday and Tuesday to further assess its direction.by zygliu3
DXY Week of 23 Feb 25: BullishFollowing the previous post, 24 Feb 25 may be the start of the bullish rally for DXY. Possible Wyckoff Re-accumulation pattern Falling Wedge hints bullish reversal Liquidity Zone established Plan to Long DXY and target for recent high, and stop loss at recent low. About 2.45 Reward:Risk Ratio Longby savvyacademy3
Dollar index expecting to be short for next weekas we can see in ichi indicator we have broke the green cloud in daily chart and as ICT trader , expecting to go for FVG and go for next Sell Side LiquidityShortby Ahmad-El2
S&P500 Channel Up testing its bottom.S&P500 is trading inside a Channel Up that just hit its MA200 (4h). This is a strong short term buy opportunity for the next bullish leg. Trading Plan: 1. Buy on the current market price. Targets: 1. 6200 (+3.29% rise like the previous bullish leg). Tips: 1. The RSI (4h) got oversold. The last 3 times this happened, the price immediately rebounded. Please like, follow and comment!!Longby TradingBrokersView116
Careful guys. Dont let them take your money.Expanding fractal. Watchout guys. can get nasty later this year.Longby dmac955
US30 Bearish Momentum | Key Support Levels in FocusUS30 Analysis | February 21, 2025 The price has broken below the pivot line of 44,404, confirming a bearish momentum. Now, it is testing the support zone at 44,051, and a continued failure to reclaim the pivot will strengthen the bearish case toward 43,763 and 43,212 support zones. For bullish confirmation, the price needs to stabilize above 44,404 and break the resistance zone of 44,500 to initiate a potential recovery toward 44,756 and 45,099. Key Levels: Pivot Line: 44075 Resistance Levels: 44190 – 44404 – 44650 Support Levels: 43763 – 43520 - 43212 📉 Directional Bias: As long as the price remains below 44,404, US30 remains bearish, with a high probability of testing lower support levels.Shortby SroshMayiUpdated 1111