NOTE: The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s). These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - use these only as educational tools to...
SPX500 confirmed resistance off lower ascending channel line during Asian session. Looking to go long from 2981, TP 3045. SL 2974.
SPX500 confirmed interim level of 3000 as a resistance by touching it three times. Should retrace a little before resuming the uptrend. SL @3005, TP1 2988, TP2 2980 Watch out for NFP data today. Tight stops. Good luck.
04-Jul Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength. Investing position: In Rising section of high profit & low risk S&D strength Trend: About to begin an adjustment trend as a upward trend gradually gives way to a slowdown in rises and falling fluctuations Today's...
Possible trend reversal coming up, needs a few closes below the line marked w/ text. Simple trade guys. If it closes below let it fall, get short on the pull back OR vice versa. No trade yet, just waiting for a directional signal. Gut says short it though. NOT FINANCIAL ADVICE, TRADE SAFE!
Got some relief and found buyers before we could hold below 2920. Next stop, IMO, is 2950. Weak high overnight shows that we are most likely to continue higher.
Some great clarity from only looking at one chart. Some key areas above at 50 and below at 20. Stay out of the noise.
US30 bounced back nicely this morning and manged to stay above 382 Fib. I've entered long at 26550. Trading carefully with a SL at 26500. Ultimate TP1: 26680, TP2: 26950. -=Never give up=-
The Primary Trend (PT) given by the Monthly TIME BAR (MTB) is currently Bearish The Secondary Trend (ST), given by the Weekly TIME BAR (WTB) is currently Bearish The Medium Term Trend (MTT), given by the Daily TIME BAR (DTB) is currently Bullish The Short Term Trend (STT), given by the Four Hour TIME BAR (FHTB) is currently Bullish In light of the above...
Some soft of consolidation is required before moving higher up. SPX lost momentum yesterday, was pulled back. We are still seeing bulling movement which might climax on Friday late afternoon (before G20). If G20 summit opens a door for further negotiations between Trump and Xi, we shall see another ATH or at least confirm it. -=Never give up=-
Nice bounce back from support SPX will probably dive a little further. As from my other post, I anticipate LONG at 26640-660 with stops at 26600. TP - ATH confirmation at 26900. -=Never give up=-
Trump exaggerated seriousness of sanctions against Iran. Considering that 80% of Iran's economy crippled by existing sanctions, new sanctions announced by Trump yesterday were aimed at heads of the Republic. Market reacted positively (as it's not a war), shooting up toward 26830. Right now we are in range trading which will probably last until Monday, pending...
Status quo for this market, continue to move higher and then balance. This is telling us that we are unlikely finished moving higher just yet. I would'nt expect to see a reversal on this low volume from the overnight session.
It looks as though the market didn't even notice news about imposing serious sanctions on Iran on the weekend. Good for us. We're still within bullish channel. I've entered a long position at 26700 this morning with a stop at 26660. TP at this stage 26900. -=Never give up=- DISCLAIMER There is a very high degree of risk involved in trading. Past results are...
As always, Trump likes it to make important decision while markets closed or on weekends. This is market manipulation, probing waters with airstrikes days earlier and calling the off shortly after. Now we need to dump or release some bullish pressure to go to ATH or 3000 SPX. This is not trade war with China, hence I don't anticipate any huge down movement at the...
Markets continue to trend up and we had a nice orderly auction yesterday, falling into a previous balance before bouncing. I would highly advise against going short here, today is options expiration and while it may work to be short, it's a low probability play.
If you are looking to trade Gold SPDR Trust ETF (Exchange Traded Fund) or Gold XAUUSD cash market, the long term Gold GLD forecast is bullish. Gold ETF has been rallying for the last weeks creating new strong impulses on the weekly timeframe showing more strength on the bull side. Currently we have a weekly supply imbalance in control around $126. As supply and...
The indicator displays the spread between the September Futures Contract and Perpetual Contract from Bitmex. This chart is intended to help futures arbitrage trading. It can also assist with identifying correlations between price and delta. Message me if you are interested in learning futures arbitrage.