Market indices
UK100 Bulls Charging – Will They Breach 8,490 or Stall?Price is currently consolidating just below the 8,490 🔼 resistance after a strong bullish rally. The structure remains bullish with consistent higher lows, and price is testing a key supply-turned-resistance zone. Bulls need a clear breakout to maintain momentum.
Support at: 8,378 🔽, 8,165 🔽, 7,935 🔽, 7,600 🔽
Resistance at: 8,490 🔼, 8,625 🔼, 8,729 🔼
Bias:
🔼 Bullish: A confirmed breakout above 8,490 could trigger a continuation toward 8,625 and 8,779.
🔽 Bearish: Rejection at 8,490 or break below 8,378 could initiate a drop back to 8,165 or lower.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
US30 Bulls Testing Resistance – Will 40,770 Hold or Break?Price is currently testing the 40,770 🔼 resistance zone after a strong bullish push. This level has previously acted as a key ceiling and could determine the next directional move. Price has been climbing steadily with higher lows, indicating bullish momentum.
Support at: 40,194 🔽, 39,070 🔽, 36,800 🔽
Resistance at: 40,770 🔼, 41,552 🔼, 42,540 🔼
Bias:
🔼 Bullish: A clean breakout and hold above 40,770 could open the path to 41,552 and 42,540.
🔽 Bearish: Rejection at 40,770 or a drop below 40,194 could signal weakness and send price back to 39,070.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
NASDAQ, USTECH, DEAD CAT BOUNCEContinues bearish divergence
Multiple rejections from resistance area
Dead cat bounce appeared
failure to break resistance can lead towards 18500 area
Gap needs to be filled in that area
Negative GDP data will be the actalyst in bearish move
job market data is also negative
slowdown of economic growth
$VARA - VERY BULLISH SCENARIOS!!! ON $MOBILE $HELIUM ALSO!!!$VARA Update!
This is not meant to be financial advice and I am not your financial advisor. These are my views and my opinions.
Today I mostly go over $VARA levels and both bullish and bearish scenarios.
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4.13 Billion Staked up from 4.12
2.799 Billion Circulating Supply up from 2.77
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Breakout or Rejection at Key ResistanceSupport and Resistance Levels:
Resistance: 19,856.6 is a key level where the price has recently been rejected.
Support: 19,146.4 is a major support, with an intermediate level at 19,516.0 acting as a pivot point.
Trend and Structure:
The price has broken a descending trendline (white dotted line), suggesting a potential trend reversal from bearish to bullish.
Currently, the price is consolidating between 19,516.0 and 19,856.6, indicating indecision.
Indicators:
EMA 200 (Daily): The price is below the EMA 200 (19,856.0), indicating that the long-term trend remains bearish until the price sustains above this level.
Fibonacci: The 138% / 50% Fibonacci retracement level (18,950.0) has acted as support in the recent past.
Bullish Scenario:
If the price breaks and holds above 19,516.0 with volume, it could target the resistance at 19,856.6.
A confirmed break above 19,856.6 (with a close above the EMA 200) could signal bullish momentum toward 20,000 or higher.
Bearish Scenario:
If the price fails to hold above 19,516.0 and breaks lower, the next key support is at 19,146.4.
A drop below 19,146.4 could push the price toward 18,950.0 (Fibonacci level).
Recommendation:
Long Entry: Wait for a confirmed break above 19,516.0 with a strong close and volume. Target: 19,856.6. Stop-loss below 19,400.0.
Short Entry: If the price rejects 19,516.0, consider a short with a target at 19,146.4. Stop-loss above 19,600.0.
Monitor volume and price action near the EMA 200 for trend confirmation.
Note: This analysis is for informational purposes only and not financial advice. Adjust based on your strategy and risk management.
Is Nasdaq still bullish? Steep correction today as expectedIf you look at my last post, you can see where I explained the expectation.
As range theory would state, the rejection from the bottom of a range creates a target in the high of the range. I have identified the candle top that I believe is the target for this rally.
If the bearish imbalance is stacked with too many orders we will not make it there. We are sitting right around the 50EMA for hourly as well as retesting the break point and bottom of the hourly bearish orderblock as I have marked.
It is in my opinion that the Void will act as a magnetic anomaly and assist in pulling price up as many institutional orders will be in that range, but we'll see 🔑
Share with a friend in need of real guidance 🫡
DAX: forming the 1st Golden Cross since December!DAX has just turned bullish again on its 1D technical outlook (RSI = 58.773, MACD = 85.200, ADX = 45.497) and tonight will form the first 4H Golden Cross in 5 months (since December 2nd 2024). This comes to compliment a 1D MACD Bullish Cross that was formed last week. The pattern is identical to the November - December rise and as you see both rebounds took palce on the S1 level. We are long, expecting the R1 level to be tested (TP = 23,480).
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NASDAQ: Rejected on the 1D MA50. Can it break it?Nasdaq is neutral on its 1D technical outlook (RSI = 52.608, MACD = -100.810, ADX = 23.609) as it got rejected today on the 1D MA50. That is the first serious Resistance test of the April 7th rebound and until it breaks, we can see a technical pullback to the 4H MA100 in order to establish the new Support. With the 1D RSI confirmed the new long term bottom with a DB, buying the dips on every such pullback is the most effective strategy on such occasions. Our short term target is the R1 level (TP = 20,300).
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NIFTY Analysis for 2nd May, 2025In 15 mins timeframe market view is bullish. It did BOS (Break of Structure) as its breaks previous swing high and then took inducement (24260) in the same time frame. According to chart, high point is 24450 and low point is 23853 as per 15 mins swing. So, we will look for buying opportunity here. If market comes down till 23990 to 24050 area (demand zone) then that will be the best buying opportunity.
But if market makes CHoCH or flip in lower time frame (2min or 1 min) before the demand zone, in that case you can also make a entry for buying.
Most importantly, in these both cases there should be CHoCH or Flip in lower timeframe.
Hits Supply ZoneAfter a sharp drop, price is retracing and reacting to the 19,214.3 resistance zone.
Still inside a descending channel, targeting 18,947.0, where dynamic support and the 200% Fibonacci extension align.
🎯 Entry: Clear rejection from resistance
🛑 Stop: 19,380
✅ Target: 18,947
⚠️ Active management recommended – possible reaction at mid-channel
Structure still confirms bearish momentum (wave 4 in progress). Watch out for fake breakouts!
DAX: Target Is Down! Short!
My dear friends,
Today we will analyse DAX together☺️
The market is at an inflection zone and price has now reached an area around 22,461.17 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 22,275.67..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️