In this update we review the recent price action in the SP500 and identify the next high probability trading opportunity and price objectives to target.
Preferred case: Prices have consolidated in a parallel channel . We see the potential for a short pullback from our Pivot at 1943.9 in line with 78.6% Fibonacci extension towards our 1st support at 1912.2 in line with 61.8% Fibonacci Retracement . Our bearish bias is further supported RSI being at levels where dips previously occurred.
Alternative scenario: If...
Preferred cases: Price is near pivot level of 153'15 in line with 38.2% Fibonacci retracement . Price can potentially dip to the take profit level of 151'08 in line with 127.2% Fibonacci projection and 78.6% Fibonacci retracement . Our bearish bias is supported by the stochastic indicator as it is near resistance level .
Alternative scenario: If price were to...
Price has recently broken through a key support level and near pivot level of 12949 in line with 161.8% Fibonacci projection . Price can potentially rise to our resistance at 13673 in line with the horizontal overlap resistance . Our bullish bias is supported by how price is at the support of both the descending channel and the stochastics indicator.
Alternative...
In this update we review the recent price action in the EURUSD and identify the next high probability trading opportunity and price objectives to target.
Price is near pivot level of 152'21 in line with 50% Fibonacci retracement . Price can potentially go to the 1st resistance of 154'09 which is also the graphical swing high level. Our bullish bias is supported by the ichimoku cloud indicator as price is trading above the clouds. Alternatively, Price can dip to the 1st support level of 151'15 in line with 78.6%...
Price has recently broken through a key support level and near pivot level of 14034 in line with 38.2% Fibonacci retracement . Price can potentially dip to the support level of 13624 in line with the horizontal swing low support . Our bearish bias is supported by the ichimoku cloud indicator. Alternatively, price may go to 1st resistance level of 14407 in line...
In this update we review the recent price action in the EURAUD and identify the next high probability intraday trading opportunity and price objectives to target.
In this update we review the price action in the Dax & the Russell and identify the next high probability trading opportunity and price objectives to target.
IN this update we review the recent price action in the SP500 (futures contract) and identify the next high probability trade locations and price objectives to target.
In this update we review the recent price action in th eNasdaq (futures contract) and identify the next high probability trading opportunity and price objectives to target.
In this update we review the recent price action in Fastly,Inc and identify the next high probability trading opportunity and price objectives to target.
Type: Bearish continuation
Resistance : 153'30
Support : 151'07
Pivot : 1513'15
Preferred Case : Price is trading in a descending channel and near pivot level of 153'15 in line with 50% Fibonacci retracement and 127.2% Fibonacci projection . Price can potentially dip to the 1st support level of 151'07 in line with 78.6% Fibonacci retracement and 78.6% Fibonacci...
