I am expecting a bounce to supply where I will be a seller
after a raise in USD, now it's time for EUR to recover/bounce. 1.02 remain the target
Liquidity above 12026 has been removed from NQ, hit the resistance à 12180, and sold-off hard to balance the price targeting 11850.
I still see down move on this one to target the demand zone and fill some imbalance area
This one could be tricky, It is hitting a channel resistance + Overbought + it is heading to a supply zone. I expect a bull trap above the resistance @5.14 (next resistance 5.55 & 5.87) to target the support of the colored big triangle that is forming
A clear confluence between a supply zone and a trendline resistance. The price is also overextended + overbought, Hence I expect CL to pullback from here
EUR selloff is very intense, and now the price is reaching a nice support setup composed of : Oversold + Demand zone + trendline support. This analysis is void if we close below the trendline ~1.07 ish. If not I expect the price to bounce from here at least te retest the upper resistance ~1.22 (it may take time)
NQ has tested very important support from a rising channel (for the 3rd time). Either bulls must steps in right here to defend the support @ ~13300 & reclaim the bullish trend, by reclaiming the 14k level, otherwise, a BEAR market becomes a very probable scenario. PS: Notice that we broke the neckline of the H&S pattern. I do lean for the bullish scenario but...
This one is has had a considerable run. it's now sitting on long-term resistance + channel resistance + Overbought = I expect a pullback from here. This analysis is void if we close above the channel resistance @ 99.34
The oil is continuing its rally. I expect the price to go up more since particularly during winter.
I noticed AAPL testing a daily support on a demand zone. Notice as well the RSI divergence.
NQ have tested my demand zone and bounced perfectely, Buyer stepped and I believe a squeeze is imminent. In addition we are @ 200 SMA territory. Will see how this will turns out.
I LOVE when their confluence of setup, demand zone + 200 SMA + Daily Support + Huge volume zone all that indicate a bounce from here for the short term at least. PS: RSI divergence on hourly
As you can see, in this chart I draw the bullish trend from 2008 till today on a log scale and a monthly time frame? Price has always stick inside the up raising channel. Now we are sitting at the resistance of the channel, which is a zone to be cautious. Some people will be left with no chair once the music stops playing!
In this video, I analyzed the macro picture of ES and tried some tools such as Trendline, Elliot Wave theory, and Fibonacci retracement. The idea was to get a sense of where we are in the market, what's going on right now, and where possible the market can go in the future (of course just a technical analysis not financial advice) What do you think? Let me know...
I see a confluence of multiple support that can offer a good long opportunity for $CL What do you think?
What if this scenario turn out to be true ? What do you think?
From the chart we can easily observe that PLTR is stuck and need more juice in order to break two major resistance to consider a bullish scenaio, otherwise, it might suffers more to the down side what dio you think?