GiftedInvestor

GiftedInvestor

Our Daily Level we have at 34.4K was respected by price, and with raising interest rates, you could definitely see a continuation of the selling trend throughout the week. We had a great respect of the daily support at 32.6K, but were headed back to it now, and i see it possibly going beyond this support to our next Daily Support at 32.9k. This is just my...

GiftedInvestor

Quick trade idea, and building off my last post. Price respected out 32.5K Daily Support area. We're now at Daily Level straight across at 33.5K, and you see we have two possible trend-lines for for price to potentially reach, and looking at it from the weekly TF, if price breaks through this bottom trend line i see price potentially reaching our top trend line...

GiftedInvestor

Long overdue, but finally Bearish Reversal in markets have finally happened. I figured CPI would be the day of reversal, and if you've watched Dow Jones over some time you'd know once that change happens, it gives you a really strong move. And just from current price-point, I don't see any supporting structure to reverse this sell until we hit out 32.5K, which...

GiftedInvestor

Still going with the same approach for Us30 as mentioned in my previous posts. We have been ranging for some time now, and CPI Day did take us to my first Daily Resistance, and even just missed the Monthly Resistance I had marked off. I see buying opportunities still being presented, especially because we have been respecting the Daily Support Line I have marked...

GiftedInvestor

Adding onto my recent post, we started to finally began to see the start of another Bullish Run for Us30. And we also finally got the break of the Daily Trend line which gives me more confidence to see the Buy to continue. But there's only a matter of time before we start to see things reverse especially with the Fed's plan to raise interest rates another .25...

GiftedInvestor

I'm still seeing lots of potential to the upside. We have wics leading us up back to 34.3K, and as far as the supporting areas for this buy, i see 33.7K and even possibly 33.6k. If you go look back and look at charts from Jan 10th-Jan 15th that i have marked up, you'll notice similar structure to what we have now. Bounce off 4Hr Then a spike up to the upside....

GiftedInvestor

I'm still seeing lots of potential to the upside. We have wics leading us up back to 34.3K, and as far as the supporting areas for this buy, i see 33.7K and even possibly 33.6k. From Feb 1st, We've seen price break past our Daily Resistance of 33.1K, but continue to fail to close above this price point. If you go look back and look at charts from December,...

GiftedInvestor

Still going with the same analysis. Overall Bullish for the time, buts it's only a matter of time before we start seeing Bearish Markets. Elaborating off my most recent post(s), I still believe price has to reclaim the 34.3k High from Feb 1st before we can get any movement to the downside. All though price has be ranging throughout the last few days, I still can...

GiftedInvestor

Still going with the same analysis from my most recent 2 post. I see the continuation of the Bullish trend. As i expected, price did reach our January 27th High of 34.1K today and even further to 34.3K which is a Daily Resistance. As of tomorrow, I do see price making its way back up to cover the Wics to the upside on this 1HR timeframe. I also believe this may be...

GiftedInvestor

Continuing off my most recent post, I still see it very possible for the bullish trend to continue back up to 34,160 price point. This area would also be leading us back to the Daily Trend line we have. My support would be lower 900s. From the trend line, i honestly wouldn't be surprised to see a break out even further up. And I'm getting this breakout analysis...

GiftedInvestor

Going into Tomorrow Jan, 31 here's my analysis. We're now trading in between two trend lines, and with it approaching the supporting trend line, and it also approaching both our 1HR and 4HR Support level at 33.6K im looking for price to be Bullish going into tomorrow. From here i see price possible reaching the recent high at 34.1K and even further to our Daily...

GiftedInvestor

Quick analysis from 1HR Timeframe. We have two trend lines we're now moving off. And it being headed towards our support Trend-Line, that would also land us near the 222 price point which is a 4HR level. So hopefully this area could hold as it's supposed to and reverse from there. And as far as the potential resistance from this point could possibly be the 34.4K...

GiftedInvestor

Looking at charts, We're approaching a weekly Resistance. More than likely it's possible to get a strong reversal from here at 34.4k, we have two 4HR candles leading us back to 33.9K. If not i see price reaching 34.5K and even 35K. But, im more so bearish, especially with the strong resistance we have coming up. This is just my personal opinion, trade safely!

GiftedInvestor Updated 

Going into tomorrow, heavy news is set to be released including CPI, Inflation Rates, and Unemployment Claims. Based off chart analysis, structure overall are looking BEARISH. I see two potential resistance areas 34K and the next being 34.3k. The only way i see structure passing these levels are because of the volatility of the news that'll be dropped tomorrow...

GiftedInvestor

Two possible selling points I'm seeing here. 31.7K or 32K. We see how the price has acted at both levels. This is just my personal opinion. Trade safely!

GiftedInvestor

Here I'm seeing a strong continuation of the Selling Momentum we have right now. The next support area I'm seeing is at the 31K Level, and further down at 30.6k, which is our 78.6 Fib Retracement Level based on the Daily Timeframe. This is just my personal opinion, Trade Safely!

GiftedInvestor

After a rejection from the 33.190, I do see a continuation down to the strong support at 32.7K. This is our Daily EMA, and 4HR 200 EMA. From here hopefully get can get a BULLISH reversal and go back and make our way to the GAP we have in Market Structure at 33.7K.

GiftedInvestor

Two possible support areas I'm seeing. First the reason I'm looking for a BULLISH movement is because of our Potential Direction Candle we have that leads us back up to 34.1K As far as support areas, Im seeing 33.6K & 33.K Im more so leaning towards the 33.3K Support area because that would be a previous MAJOR DAILY Level that we could have a strong reversal...