Technical & Trade View
TLT (ishares 20+ Year Treasury Bond ETF)
Bias: Bullish Above Bearish below 93.27
Technicals
Primary support is 93.27
Primary pattern objective is 99.19
Acceptance above 95.40 next pattern confirmation
Acceptance below 93.20 opens a test of 90.30
20 Day VWAP bearish , 5 Day VWAP bearish
Notes
US CPI released today, volatility expected...
Technical & Trade View
USDCAD
Bias: Bullish Above Bearish below 136.50
Technicals
Primary resistance is at 1.3600/50
Primary pattern objective is 1.3330
Acceptance below 1.3460 next pattern confirmation
Acceptance 1.3660 opens a test of 1.3710
20 Day VWAP bearish , 5 Day VWAP bullish
Notes
US CPI released today, volatility expected around the print
Goldman...
Technical & Trade View
US Dollar Index Futures
Consider 109 Target Achieved, New Pattern Emerging
Bias: Bullish Above Bearish below 111.30
Technicals
Primary resistance is 111.30
Primary pattern objective is 107.75
Acceptance below 109 next pattern confirmation
Acceptance above 111.50 opens a test of 112.20
20 Day VWAP bearish , 5 Day VWAP bearish
Type: Bearish Momentum
Resistance: 4008.75
Pivot: 3821.75
Support: 3507.75
Preferred Case: On H4, as the price moving below descending trendlines and ichimoku cloud , we have a bearish bias that the price may drop from the pivot at 3821.75, which is in line with the 50% fibonacci retracement to the 1st support at 3507.75 where the swing low is.
Alternative...
Title: Soybean Futures ( ZS1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1484.50
Pivot: 1409.75
Support: 1431.50
Preferred case: The current bias for ZS1! on the H4 chart is bullish . To add to this bias, the price is currently trading above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, price may...
Title: Platinum Futures ( PL1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1037.8
Pivot: 974.3
Support: 940.9
Preferred case: The current bias for PL1! on the H4 chart is bullish . To add to this bias, the price is currently trading above the Ichimoku cloud and ascending trendline, indicating a bullish market. If the bullish momentum...
Technical & Trade View
NZDUSD
Bias: Bullish Above Bearish below .5738
Consider .5963 Target Achieved, New Pattern Emerging
Technicals
Primary support is at .5850
Primary pattern objective is .6164
Acceptance above .5965 next pattern confirmation
Failure below .58540 opens a test of .5738
20 Day VWAP bullish , 5 Day VWAP bullish
Technical & Trade View
EURUSD Bias: Bullish Above Bearish below .9890
Technicals
Primary support is .9890
Primary upside objective is 1.0284
Next pattern confirmation, acceptance above 1.00
Failure below .9815 opens a test of .9630
20 Day VWAP bullish, 5 Day VWAP bullish
Today’s New York Cut Option Expiries: 0.9800 (1.06BN), 0.9900 (201M), 0.9950...
Technical & Trade View
NZDCHF
Bias: Bullish Above Bearish below .5750
Technicals
Intraday .5750 is primary support
Primary pattern objective is .5947
Bullish reversal patterns at .5750 next pattern confirmation
Failure below .5750 opens a test of .5697
20 Day VWAP bullish , 5 Day VWAP bullish
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 699.50
Pivot: 687.75
Support: 672.50
Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly head towards the...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1.01345
Pivot: 0.99940
Support: 0.97525
Preferred case: On the H4 chart, the overall bias for ZS1! is bullish . To add confluence to this, price is above the Ichimoku cloud and price breaking the descending trendline which indicate a bullish market. The price may...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1.01345
Pivot: 0.99940
Support: 0.97525
Preferred case: On the H4 chart, the overall bias for ZS1! is bullish . To add confluence to this, price is above the Ichimoku cloud and price breaking the descending trendline which indicate a bullish market. The price may...
Technical & Trade View
Alphabet Inc (Google) Class A
Bias: Bullish Above Bearish below 92.54
Technicals
Intraday 86.85 is primary resistance
Primary pattern objective is 74.00
Acceptance below 83.00 next pattern confirmation
Acceptance above 92.54 opens a test of 98.65
20 Day VWAP bearish , 5 Day VWAP bearish
Type: Bearish Momentum
Resistance: 1.00155
Pivot: 0.98445
Support: 0.95785
Preferred Case: On H4, as the price moving to test the descending trendlines , we have a bearish bias that the price may drop from the pivot at 0.98445, which is in line with the 23.6% fibonacci retracement to the 1st support at 0.95785 where the swing low is.
Alternative scenario:...
Type: Bearish Momentum
Resistance: 1.00155
Pivot: 0.98445
Support: 0.95785
Preferred Case: On H4, as the price moving to test the descending trendlines , we have a bearish bias that the price may drop from the pivot at 0.98445, which is in line with the 23.6% fibonacci retracement to the 1st support at 0.95785 where the swing low is.
Alternative scenario:...
