SAT_STACKR
EssentialOne more try on the gold short for this week and if it doesnt work I am never shorting gold again lol
started a small Euro Futures position ahead of PPI as we fail to make lower lows on the intraday charts. a news spike might just be the catalyst needed to see these levels break, stay tuned!
I'm looking at a bearish reentry for the ES1 (E-mini S&P 500 futures) as recent price action suggests weakness following a correction. After a strong sell-off, we've seen a brief pullback or consolidation, which could be setting up for a continuation of the bearish trend, especially if the price fails to break key resistance levels
With the current price action showing signs of rejection and exhaustion, this could very well mark the top of the market. We anticipate a potential move downward towards
price action suggests a potential downward move, with key resistance levels being tested. Watch for any breakdowns below support for further confirmation. Stay cautious and manage risk as the session progresses. Keep an eye on market sentiment, news, and volume for any shifts.
Looking at CL1!, we are observing a potential bullish continuation setup following a solid price action pullback. The market has recently retraced significantly, offering a strong buying opportunity if the price holds above this level.
The Euro FX futures contract (6E1) has recently experienced a notable pullback, creating a potential opportunity to buy the dip. Given the broader trend of strength in the euro or short-term technical support levels, this dip could provide an attractive entry point for traders looking to capitalize on a rebound.
With gold struggling near intraday resistance, it might be time to start looking the other way as this bullish run may start to correct.
Price is currently testing a support level that aligns with previous swing lows, offering a favorable entry point with a defined risk. Traders should consider entering long positions near this support area, targeting the next key resistance zones while managing risk with tight stop-loss levels just below the recent support. The overall market sentiment remains...
see the original post here "Recent price action indicates an upward bias, suggesting that buying pressure could continue if the price breaks above nearby resistance. Traders may look for a breakout above resistance for a potential continuation of the uptrend. Key targets would be higher resistance levels, with a stop placed below the most recent low to manage risk."
The outlook for CL (Crude Oil) in intraday trading is somewhat mixed, with a few bullish factors and technical indicators to consider. Recent analysis shows that while technical signals point to a bearish trend in the short term, there are elements suggesting potential price support. For instance, the strength of the crude crack spread has risen to a 5¾-month...
This could be a strong opportunity to take a short position. If the price continues to test this resistance and fails, we anticipate a move lower towards the next support zone with a possible gap close on this 4H chart in the coming weeks.
Recent price action indicates an upward bias, suggesting that buying pressure could continue if the price breaks above nearby resistance. Traders may look for a breakout above resistance for a potential continuation of the uptrend. Key targets would be higher resistance levels, with a stop placed below the most recent low to manage risk.
Yen futures are gaining traction as risk-off sentiment takes hold following the Federal Reserve's rate cut and ongoing global economic uncertainty. With the U.S. dollar showing signs of weakness, the yen is poised to strengthen as investors seek safer assets.
Gold is showing signs of bullish momentum following the Federal Reserve's 0.25% rate cut, which has softened the U.S. dollar and increased demand for safe-haven assets. On the intraday charts, gold is consolidating near key support levels, setting up for a potential breakout.
The intraday charts for DXY suggest a potential pullback as the index struggles to maintain its recent highs following the Federal Reserve’s 0.25% rate cut. With mixed U.S. economic data and profit-taking likely, short-term bearish momentum could dominate.
The Euro futures market is showing signs of short-term bullish momentum, supported by a recent uptick in buying pressure. With the Federal Reserve's 0.25% rate cut, market sentiment appears to favor a weaker dollar in the near term, providing an opportunity for scalping long positions. Looking to capitalize on quick intraday moves, the plan is to buy into minor...
With the U.S. dollar showing signs of a potential high-timeframe trend reversal, a bearish outlook on DXY may be forming as broader macroeconomic factors weigh on the dollar’s strength. The 0.25% rate cut, combined with slightly softer economic data, could erode the dollar's current resilience and encourage further selling pressure.