Rotuma

Rotuma

It will be interesting to see if it holds above 44, the price has bounced off around 42, and major support around 40

Rotuma

US dollar makes its way back up after falling to 95.20 My estimate for the major level to the upside is around 96.14; holding above this point could increase the probability of moving up to the next level at the 96.60 targets. Support at 95.68 at the bottom of the price channel looks solid; however, we need to keep a close watch in case of a pullback.

Rotuma

Hi Traders, My views on what is happening with the index based on price movements in previous months. The previous actions, which my views are based on, highlight two critical levels, 25.90 and 21.60, as potential major support in the future. We could be looking at a retest of 25.90 if the index fails to hold above 28.60 and if it continues above 28.60, 32.90 and...

Rotuma

Hi Traders, My previous estimates on Jan 09, 2022, indicates AMC could fall if it fails to hold at 20.34; AMC dropped and stayed below this crucial level for more than two weeks but now is pushing back up, trying to reclaim this critical level.

Rotuma

QQQ gaps up above 352 estimates following a double bottom at 344. The next challenge is to break and hold above 356; if successful next level up is around 360 and 364

Rotuma

Shares are currently down close to -3%, trading below an important level at 47.26 and could continue further down to 46.65, 46.05, and 45.67 if it fails to get back above 47.26

Rotuma

The index bounced around 14198 estimates, gapped up and closed just above the 14596 support /resistance line, an important level for the next session. The next major point to the upside is around 14770, support around 14484, 14307, and 14198

Rotuma

SPX bounced around 4374 and gapped but will need to remain above 4455 to move forward, as seen in the previous action on the chart. Estimates for the next level up around 4496,4522 support at 4415 and 4374

Rotuma

The first wave could be a drop to around 11280, the second at 8977 and worse case to 6890.

Rotuma

This post is an update of the Jan 16 forecast QQQ has bounced just above the precalculated level at around 334 and will be tested at 352 The Major levels to watch are around 342, 334, and 352. QQQ needs to clear the resistance line at 352 to continue up. The charts' estimates are automated through a system that predicts critical levels of future price movements.

Rotuma

DJI bounced back from the precalculated major support line at 33608 and made some strong moves to the upside, closing Friday's session above 34045, an active trading area in previous pullbacks. This post is an update of my earlier post on Jan 16 The Index will need to break and hold above 34753 to continue its current direction if it fails; a retest of...

Rotuma

SPX shows signs of reversal but needs to clear the resistance line at around 4441/42 to confirm. The Index has bounced off two critical levels at 4284 and 4326 and could take off next week's session if it holds above 4442. Major support around 4398, 4326, 4284 The charts' estimates are automated through a system that predicts critical levels of future price movements.

Rotuma

The Index shows a similar trend as the US major Indices, pointing to a reversal after the recent sell-off, but there are major points to watch. Major support around 6895, 6860, 6804, 6747, 6712 Resistance at 6952, 7044. The Index needs to remain above 6804 to confirm a reversal to the upside. The charts' estimates are automated through a system that predicts...

Rotuma

ZIP has been bashed big time after failing to hold the support line at the $7 mark and falling below 6.25, as indicated on the attached daily price chart. Nothing suggests that the trend is about to reverse now apart from reaching a support line at around 3.00. We might see some action around this level and the 2.50 mark. If it fails, then 1.70 is the next...

Rotuma

The index maintained above 35897 in the previous drops, but the recent decline in Friday's session barely made it back above this critical level. 35897 will be crucial in determining the direction in next week's session. It will either hold the line and continue to retest 36334 or drop to 35190 and 34753

Rotuma

Keep an eye at the 4621 level; this is a crucial point; the index bounces off this level in the past and recently in Friday's session. If it fails, support around 4600, 4580, and 4567

Rotuma

370 is an important support to watch in next week's session. We have seen prices bounce off around 370 but came back down and closed Friday's session at 380. If it's going to slide, it might retest 370 or the 200 MA line around 362

Rotuma

The share price closed Friday's session in the middle of the current trading zone at 321 and 302 and is likely to be active around this area in the next trading session.