DeltaZeroProprietaryTrading

DeltaZeroProprietaryTrading

Overview: Awaiting the FOMC minutes and API crude oil stocks Strategy: Our current position's Delta: +0.10 (rebalanced at $77.18 from -0.73). Follow the market. Technical signals: Stochastic crossed the signal but still in negative territory, RSI in neutral area. Trends analysis: primary(purple): corrective structure wave A ...

DeltaZeroProprietaryTrading

Overview: Bullish pressure starting in the overnight session, push higher the close of waveA (minor trend) at important resistance level. First target to $78.50 has been reached. Strategy: We hold negative delta since $77.60 Our current position's Delta: -0.50 negative, (increased from -0.23)looking for the first bearish target Technical...

DeltaZeroProprietaryTrading Updated 

The WTI crude oil market experienced a robust response, essentially reversing the downward trend observed on Thursday's session. Currently, the market is exhibiting a corrective structure, and we are monitoring whether it follows a pattern of 3 waves (ABC) or 5 waves (ABCDE). As of our current position, the delta stands at -0.03, indicating a neutral stance. The...

DeltaZeroProprietaryTrading Updated 

Overview: With the yesterday's sell off, the stochastic in oversold territory and in divergence as well as the RSI, we consider closed the corrective structure(ABC) on daily time frame. A technical rebound is likely, to bring the market in a trading range area between $74 and $80. Only a breakout of yesterday's low ($72.40) will change the daily's structure from...

DeltaZeroProprietaryTrading Updated 

Overview: with today's fall in price, having reached $73.80 support area, and with a divergence on RSI, we consider close the corrective structure ABC on the daily time frame. Strategy: Moderate bullish position's delta , Our current position's delta: +0.30 Bullish first target: $75.00/$75.30 Bullish second target: $76.00 Mandatory rebalancing level / Stop loss:...

DeltaZeroProprietaryTrading Updated 

Overview: Stochastic in oversold area suggest that a technical rebound is possible. Our current position's delta: +0.20 First target: $77.40/$77.50 Second target: $78 Stop loss/mandatory level of rebalancing: on breakout $76.30 First target: $75.50/$75.30 Second target: $74.90

DeltaZeroProprietaryTrading Updated 

Our current position's delta: -0.30 Overview: RSI entering in negative territory below 45, confirm that wave 5 is started. Target on $77.50 level has been reached in the overnight session, where we did the first rebalance of our position's delta(from -0.45 to +0.05). Other rebalance on the top of the channel(from +0.18 to -0.08) Current position's delta: -0.15 ...

DeltaZeroProprietaryTrading Updated 

Our current position's delta: -0.20 Overview: positive data on inflation spurred a new upward swing, moving the closing of wave 4. An RSI divergency suggest tha could be the beginning of wave5 First target: $77.50 Second target: $77 Stoploss/Rebalancing level: daily's high See you all next update.

DeltaZeroProprietaryTrading Updated 

The target of our previous analysis has been reached. Our current position's delta: -0.06 Scenario: we consider wave4 closed, even if the price could experience further upward acceleration till area $79.50/$80. We will follow the market, rebalancing the delta if necessary, waiting the signal of the beginning of wave5.

DeltaZeroProprietaryTrading Updated 

Our current position's delta: 0.20 Scenario: ABCDE structure looks prevailing in a continuation flag pattern. In a cautious market we revise our target area to $78.50. Upon reaching the target we will rebalance the position's delta and we will consider wave4 close. Only on a breakout of area $74.90 we will consider wave4 close at the current price level, and a...

DeltaZeroProprietaryTrading Updated 

Technical Analysis: Support level $75 looks like resisting. After the forecasted rebound, seems the market stay cautious with a triangle formation on hourly time frame. Scenarios: 1. Scenario 1 - Positive continuation till the first target (ABC intraday structure). Strategy for Scenario 1: - On consolidation above $77 set the position's Delta to positive,...

DeltaZeroProprietaryTrading Updated 

Technical Analysis: Today, the WTI Crude Oil futures experienced a negative extension in their price, and they reached an important support level around $75. On an hourly basis, it seems like wave 3 may have exhausted. This suggests a potential change in the price direction. Scenarios: 1. Scenario 1 - Positive Rebound. It's realistic to expect a rebound in the...

DeltaZeroProprietaryTrading Updated 

TVC:SX5E With the breakout of 3400 and the deep retracement till 3330 we have to redraw the entire Elliot structure, with the price back in wave2. This structure will be confirmed just if the price hold the support in area 3315/3308. A rebound could find the first resistance in area 3400. With the breakout of 3308 we'll be back in the ABC structure, with the...

DeltaZeroProprietaryTrading Updated 

TVC:SX5E Definitely left the range with top 3440, which is now the first support and up to where the price could retrace, the scenario is positive with the next target posted in area 3530/3550 which should be the end of wave3 of the new Elliot structure. Current exposure: Delta neutral Delta positive just with a daily close above 3470

DeltaZeroProprietaryTrading Updated 

TVC:SX5E After having tuch another time the bottom of the range, the price regain ground till reach the top. Tomorrow, on hourly close above 3440 is confirmed the target at 3470 first, then to 3500. Scenario will change just with an hourly close below 3400.

DeltaZeroProprietaryTrading Updated 

TVC:SX5E With the today's High the waveC is ended. Due to a thin trading day (Wall Street closing) the index has retraced till 23.6% Fibonacci level of the range B-C. The breakout of level 3400 could bring the price first to 3380 then to 3360. On the other side, the breakout of today's High could bring the price in area 3460/3470 first, then in area...

DeltaZeroProprietaryTrading

SX5E After the US CPI data, the price did a new Low and regain very quickly ground. In hourly time frame this Low should be the end of the corrective WaveB of the pattern (ABC). An evident divergence in the RSI should be the a signal for a long target in area 3450 (WaveC) Confirmation should be provide with the breakout of 3368/3370

DeltaZeroProprietaryTrading

TVC:SX5E With the minimun of the 9th February, which rapresent 38.2% Fibonacci retracement of the entire Elliot Wave's structure, should be concluded the corrective pattern (ABC). Short term target: Upside area 3450/3460 Just with the breakout of 3307 first target in area 3215/3220.