OTM-Fadhl

OTM-Fadhl

Good day! After the 90-day pause of the tariffs, NQ should consolidate in the ST (2-3 days) before resuming the fundamental downtrend. The effect of CPI and PPI will be very limited whatsoever the data. However Consumer data will trigger the downtrend if this data is undershoot. Otherwise, consolidation will prevail. The blue box should delimitate the consolidation area.

OTM-Fadhl

1- We got a Red daily close but inside the previous 2 days. A continuation has the least resistance. If you're not in already, it's too late; unless quick in and out. 2- Tariffs enter in play from mid-night tonight (NY time). Asian and European sessions will be very active. 3- China retaliation via additional tariffs and/or selling US treasuries. This will make...

OTM-Fadhl

Good day! Yesterday close was irrelevant: Uncertainty, indecision and inside the previous huge candle. Until clear direction, we've today Trump's ultimatum to China with additional 50% tariffs if China does not step back with its retaliation of 34%. China has additional tools: sell US Treasuries which trigger a crise worldwide and particularly in USA. Along...

OTM-Fadhl

FA Analysis: ST/MT/LT Outlook: Sell 1- Tariffs came into effect on April 2nd and market reacted badly to it. This was completely expected. 2- NFP data came green but market ignored it and continued the sell-off. This tells you the fundamental change in market expectations vis-a-vis US market! So bad data will be bad for equities and good data will be also bad. 3-...

OTM-Fadhl

Good day! Finally tariffs are on! A response from worldwide is imminently expected. NQ and all US equities, US dollar and Bonds and anything from US are in a free fall! A definition of a self-inflicted destruction! Anyhow...Today's plan: A shy bounce (23.6 Fib) during Asian session. Price created a bearish flag that is already broken. A retest around 38.2 fib...

OTM-Fadhl

Gold is on its way to reach the ST target (may be by April 11th) of 3182 based on magic lines and ABCD pattern. I think a retrace is due towards last week high then the impulsive move to 3182.

OTM-Fadhl

Following strong bearish Q/M/W candles and ST/MT/LT Sell Outlooks, today's plan: Sell the retest of TL.

OTM-Fadhl

FA Analysis ST/MT/LT Outlook: SELL 1- US Economy: Recession/slowing down economy 2- Inflation is UP! 3- Trump's policies: Tariffs; Treasury hole; 4- Consumer sentiment and corporation sentiment are down 5- FED has hands tied; under Trump's pressure; confirmed uncertainty 6- Europe is waking up: Major investments in Infrastructures and Defense; Europe is and...

OTM-Fadhl

Gold made a new ATH as expected and my TP2 was hit. Done for now with Gold until a meaningful retrace to seek another opportunity for the long side.

OTM-Fadhl

We got another bearish day, but NO change in the structure! Price is making a HL. As long as there is no LL, we can expect anytime a move up to create a new HH. Tariffs noises are weighing a lot and restraining the move up to 50%. Tomorrow we have Core PCE. 1- An overshoot, cancel the 50% and price go south; 2- Inline and undershoot, the 50% is reachable and price...

OTM-Fadhl

Gold behaved as expected. A new ATH is underway. Gold move is mainly supported by Trump's tariffs and US entering in recession.

OTM-Fadhl

Gold finally broke the consolidation and made decision to go ,long. Looking for the retest to jump in.

OTM-Fadhl

EURUSD broke TL. Looking for the retest to go long.

OTM-Fadhl

EU showed many strengths the last few days supported by huge investments in European infrastructures and defense while US self-inflicted a manufactured recession amplified with tariffs. My ST/MT Outlook is a sustainable Buy. The ST chart shows a potential opportunity if price breaks TL and retests S/R level.

OTM-Fadhl

Good day! Asian session consolidated and European session continued the bounce. Price is currently above yesterday High. Price might reach the last target of this retrace today. Price is 300-500 points away from it. Then, we should see a short consolidation. around that area. Hence, price will resume the down movement early next week.

OTM-Fadhl

As expected, NQ is retracing up. We got a strong green daily candle. A continuation up is expected. I added Fib levels for additional confluence. The 50% retrace is a perfect area to short it. In terms of news, tomorrow is light unless Trump intervenes.

OTM-Fadhl

Oil bounced up. World economy is slowing down and entering into recession. The demand is/will be the FA for a Sell Outlook for ST&MT. Only risk factor will prevent this (i.e., attack on Iran).

OTM-Fadhl

Good Week and Day! Finally, buyers showed up late Friday and market opened with a gap up. Both Asian and European sessions continued the move up. We should expect NY session to continue up. Few notes here: 1- As I mentioned it few times now, this is not "buy the dip", this is just to allow large hands to clear their positions. The chart identifies the VA area to...