There is some reasons that I think Nasdaq is going to experience a fall in near future: 1) The federal reserve still wants to keep interest rates higher for longer. 2) These prices for stocks it means the market think the fed is going to decline interest rates for 1.25% in December 2024! 3) Retail investors buy 7 billion Dollar of stocks, but Banks just buy...
The area between 22.20$ - 23.30$ is a great area for mid term buyers. Silver now is half price of its high peak (48$), so I will personally invest on it for long term. I recommend buy silver in these prices step by step and hold it for at least 3 mounths.
DXY have to breaks the 104.350 to secure its trend, unless it will drops to the first resistance area which is 103. So, wait till DXY show you its trend.
Value area for gold is between 1970$ - 1980$. We must wait until the price drops to that area. I recommend do not trade here and wait.
US oil is in the best place for long positions. the target is 78$
The value area is between 76.5 - 78.5 Be careful about your RISK The target will be 84$
Silver is near value area for Long positions. Between green areas ( 23.100$ - 22.400$ ) you can set your buy limit positions. Manage your RISK!!! Do not enter any positions by your whole margin
WTI is again in the value area and good for long positions. Manage your risk and set some buy limit in different prices like 70.5 - 71.5 - 72.5 By manage your money wisely you can earn money with out worrying about losing your money. If this area breaks and oil falls more don't panic! Just keep your positions and buy in the lower levels
I think DXY will raise to 104 - 104.5. There is a great +RD and dollar is on the value area.
I am waiting to buy oil in the value area ( 73 - 75 )
It seems that the market thinks the Fed is going to reduce the interest rate in 2024, but fed never say that we are going to do that. Furthermore, the DXY is near support area with a +RD. I believe there will be a correction in Nasdaq.
Whenever the price breaks the downward trend line , there is a strong possibility for wheat to rise to the 650$
the price 570$ is the last support area for the Wheat Wheat is moving in a channel and if it reverse from this area it can rise to the 650$ . Trigger is in the H4 time frame whenever price breaks the downward trend line.
Wheat is a commodity and seasons affect the wheat price. in August wheat usually drops to the lower prices. Now, due to the supply problems and by looking at the chart , if it is below 650$ you can buy and keep it until 685$.
Gold after a good correction now is in a great area to Buy. prices between 1900 and 1920.
Gold hit my first target 1945$. Now we are waiting until gold finishes it's correction to 1920$ support zone, then rise again to the 1950 then 1970$.
Silver is in a correction to the 23$ support zone. you can setup your Long positions between 23.5$ to 23$ The target is near 25.5$ First silver must break the dynamic resistance line then pullback and go for the 25.5$.
Silver is near bottom of daily channel. After a significant correction from 25.20 $ to 22.5$ , it is time for silver to experience a rise at least to 24.5$. Also gold can rise from here to near 2000$ , so because of the correlation between them , its a great opportunity to buy silver or gold in these prices. You can set some long positions between 22.4$ to...