Here is an approximation of the recent high and low levels derived from the plot of AAPL. A 60% retrace off of the low, to the positive, equates to 155.32+16.338 = 171.658 (estimate)
This could serve as a pivotal level for AAPL. I anticipate a high probability of a pivot to the downside, given /NQ option data - particularly the 14500 level. At the time of...
This is an extraordinarily simplified and low-precision analysis consisting of a mere trend-line analysis for the primary trend on Ethereum - the, perhaps, beloved cryptocurrency with true utility and scaleable capacity.
Nevertheless, fundamentally important and pertinent shifts in forward-looking economic activity are actively morphing the current environment...
Inflation breakeven plot is becoming concerning to me. What are your thoughts? Ignore the support/resistance levels - those are not applicable on economic indicators.
Bulls will need to see this volume bar at continue to increase in magnitude. Failure to further develop the volume at the current spot price likely suggests pullback potential; pullback potential is limited, perhaps, to the next lowest volume profile peak circa ~56,965 USD. Notice, the 54,391.69 to 49,244.89 has notably low development on the volume profile; this...
