ES is at the very bottom of it's daily demand zone which was tested 18 August for a 195 point move before continuing lower. while we are also near it's breakout level of 4335. If we break below the daily demand and can not reclaim, I do see us making a move to the levels below. If we see demand step back in here for a relief bounce, I could see a target of 4420...
ES is only 30 points away from it's breakout point in June around the 4337 level. For nine months, ES failed to break this level, and when it finally did it never retested it. Now, we are close. Will this be a buying opportunity or will ES flush straight through? I personally will be looking to long this area.
My analysis of the Russell 2000 surprises me, since I am instinctively more bearish than the chart seems to be. Hopefully you will challenge my forecast with your tough questions, since this venue is meant to arouse the reverse-engineers and to provoke the thinkers to do what they do best, right? As always, I strive to render these ideas of mine so obviously that...
Expecting a Bearish September. With the possibility of a higher Dollar, we are likely to see a pretty Bearish scenario in this month. Still for now I am expecting a price rejection somewhere around 15555 for NQ. Confirmation of this will set us up for a Bearish ride. My initial target downside is 15060 Which I would expect to hit sometime between Wednesday-Thursday.
From what I am seeing, it looks like we may attempt a two-legged correction on a larger time frame from a seven month long uptrend. If we continue lower, a measured move takes us right so the breakout point of 14400.
Here is my thoughts on BIST:LINK on the weekly chart. Took the long already with low leverage (5x) and decent position size.Closing 30% @tp1, 40% @tp2 and letting the rest to run long term til tp3 Use low leverage and remember this is a very long term trade. Please share if you like this trade setup.
After opening the week lower, gold prices have stabilized above the key 200-day Simple Moving Average (SMA) slightly below $1,920. In case this support remains intact ahead of next week's highly anticipated August inflation data from the US, investors may hesitate to bet on further XAU/USD weakness. Support levels: 1,907.30 1,893.90 1,884.70 Resistance...
🕳️ The Gap Dilemma: Price gaps occur when there's a notable difference between the closing price of one trading period and the opening price of the next, often seen on the charts as a "hole" in price action. 🔍 Gap Filling: Traditional market wisdom suggests that gaps tend to get filled, meaning that the price revisits the gap area and trades within it. In...
‼️Dumping is not far away from us. This is not alarmist, because it is the general trend. Before making a specific analysis, we need to first understand an event that we should pay attention to in the future:👇 On October 17, the SEC will review 5 BTC spot ETFs again. Regardless of the outcome, the market will experience wild swings, so use necessary risk...
1-strong supply key level. 2-selle's volume and pressure. 3-psycho resistance Area. 4-Risk/Reward ratio 2.26 (Target 2150 $). 5-LOT SIZE; 5
1-strong supply key level. 2-selle's volume and pressure. 3-psycho resistance Area. 4-Risk/Reward ratio 2.37 (Target 4170$). 5-LOT SIZE; 2
If Bitcoin wants to repeat its past, We are now in May of the year 2019. If it can cross the 32K resistance barrier, the 45K resistance can be the start of a bearish trend, otherwise by Halving 2024 we will have a range of between 30K and 16K.
Its true but while Bears are salivating on these moves there is still room to hurt them and liquidate some of their accounts. Bullish structure has not been broken for one. Yes Price will gap down opening next week. But a possible bounce can be found anywhere around 4556...so keep your eyes 👀 opened. My advise TP the majority of your shorts and you can watch from...
Short term trade entry (ZS Soybean) with risk/reward of 2.03.
I. Bearish Momentum: The ZN bonds market has recently displayed signs of bearish momentum, with several key indicators pointing towards a potential downturn. One of the most notable factors contributing to this sentiment is the presence of strong seller volume, indicating that there is significant downward pressure on bond prices. II. Seller Dominance: Seller...
Short term chart mapping/analysis of CAPITALCOM:US500 Futures for developing Intraday Trade strategies. SP:SPX AMEX:SPY
Med-Long term chart mapping/analysis of CAPITALCOM:US500 Futures for developing Swing Trade strategies. SP:SPX AMEX:SPY
Short term chart mapping/analysis of CAPITALCOM:US100 Futures for developing Intraday Trade strategies. NASDAQ:NDX NASDAQ:QQQ