hoping spx to reach 5800 then tank My view on current market based on technical analysis
NVDA analysis- NVDA has started its distributive phase. It is in an ascending triangle formation with momnetum deceasing as mentioned in RSI. It has toched 400 3 times meaning selling presssure coming. IMO it is open to got to 380 and provide one of the best short entry at 450 level
Nasdaq sits on anchored vwap from march 2023, it is also a good demand zone with RSi showing double bottom also look at volume spike. This offers a good risk reward opportunity to go on long side, with seasonality EOY usually bullish. IMO this is a double bottom with maket soon ripping up
After today price analysis, IMO we go up from here. reason: 1-Double bottom on ES 2- volume increase , look at volume increase bfore it has marked capitulation 3- double top on TNX, double bottom on bolds and oil 4- market at the lower trend line This is a double bottom for me offering good risk reward to long side ,
Now every bear will come out and say market going to crash. In my opinion i am bullish and this is the double bottom setup. Looks at TNX it has formed a double top which means it is going to go down which inturn will push equities higher. I have loaded calls .
tesla- no time for bears if you look at avwap levels tesla has been under control of bulls . trend of tesla reman bullish , however this week tesla has run too much so look for pullbakc which will be a good point to add long till 300. A break of 250 close will make this hypothesis wrong
last time i analysed nasdaq it rant 500 points. Nasdaq yesterday fell approx 280 points. Now there are 3 support where it will end. 1- vwap level from may 23 which is near to 15100 level 2- 14600 from vawap of 13 march I ma hoping that we will at lease see 15100 on naasdaq . I advise caution on longs until RSI on daily gets over sold
MSFT has dropped pasrt few days . Now it is at a very critical point. 333 isa AVWAp point from 360. means every seller will be in loss if it goes up from here. also 50MA cross will trigger also. so friends keep an eye.
hi friends, SPX remains in chop zone, es levels- 4370- 4430 are the key level to watch, market remain in bearish zone I am expecting ES to touch 4300 to fill the gap which will be a very strong resistance
FIrst of all if u all checked my yesterday analysis.I analysed price volume and gave high probability levels (please check) , market bounced and sold of from that For tommorow analysis . i believe that there is an impending bull run, which will prpbably happen tommorow with 4100 as major resistance. I think tommorow will be bull run. Still 3958 is a good...
Hi friends I am back . If u all remember me then i appreciate your good comments . i recovered from COVID now back in the game. I am posting my SPX analysis. As per chart you can see. Market seems to be bearish but i am assuming it should reverese on wednesday 4058 is a good will be a good resistance. 3958 will be a good level to buy for short term. Startegy...
Tsal is showing divergence on 2 hour chart. Market is in severe uptrend. All the fang are running good , tesla and amazon are lagging, But wont last long. It is ready to run soon hope you are enjoying my analysis, ideas here are for entertainment and education these are not trading advice
bearish candle on monthly chart since past 3 months it has good selling. Now time for good correction hope you are enjoying my analysis, ideas here are for entertainment and education these are not trading advice
Disney is showing bearish divergence. If there is bearish engulfing on weekly then it can go down hope you are enjoying my analysis, ideas here are for entertainment and education these are not trading advice
Lowe recently showed a breakout from bull flag pattern. It is ready to move up. Also its brothers like home depot is moving up. Sector is hot hope you are enjoying my analysis, ideas here are for entertainment and education these are not trading advice
DD posted good result, mining sector is hot currently, consolidation volume decreased, nice green candle with increased volume. I think its ready to run. hope you are enjoying my analysis, ideas here are for entertainment and education these are not trading advice
I mentioned in my previosu spx chart that it is getting weaker and will fall, it did. Now i still think that spx can consolidate and i think it can fall down to 4090 level. I still believe that pull back will be there , best strategy will be is to do nothing tilll trend is clear or to harness the power of butterfly hope you are enjoying my analysis, ideas here...