Equity
$DJI has HUGE BUY volume the last few hours$DJI bounce decently off support on daily charts.
This may take some time to heal. However, IF #stocks can hold for the next few hours it can be okay.
The only reason it's not pumping higher is $GS & $JPM, #banks.
On the 4Hr we see a DOJI formed MORE than 4 hours ago & on the CURRENT 4 hr candle it is being ENGULFED WITH VOLUME.
We want to see a close above 32k but higher will mean more conviction.
The belief is that #rates will take a pause while we have this bank fiasco happening.
32500 is our full exit point. Although we have been loosening positions in this rally for the last couple hours.
Would keep re-buying lightly on pullbacks. Bottoms can take some time to form.
Different lines, different storiesI have drawn two different support lines (I name it "higher" and "lower" support). One regards the monthly closed as the low point of the support line and another one regards the monthly low as the low point of the support line.
The higher support line is clearly broken and is retesting (breakout n retest) while the lower support line still holds and has provided short term upsides momentum.
Obviously two different support line give out two different sceneries. The higher support line suggests we are already in downtrend since the support is broken; The lower support line suggests we are still in uptrend. While two stories entailed by two different verisions of support lines are contradictory, it suggests a high probability of consolidation in the next few months such that the index will fluctuate between two lines. It implies the current index 12304 is the local high which provides us an opportunity to short targeting the lower support line.
2/27/2023 (Monday) SPY Analysis and Market Deep DiveMonday 2/27/2023 - In this Video I discuss The technical analysis of the SPY ETF which is a proxy the S&P500 that is often a tell on general market movements. I also discuss broader market Macros I have been watching including last week's and next weeks economic events. We also discuss some recession indicators, and other charts that show headwinds and tailwinds to equities.
In the Trading View App, You can use the links below and hit play, so you can see the action from the dates the charts were published. I will keep this going so we can follow outcomes to analysis!
SORRY I RAN OUT OF TIME, I ONLY HAD a minute to go and I would have had to start from scratch as TV tools dont edit. Sorry!
US500 longEquity rally due to systematic buying and HF short covering. Short interest has halved from
the Q4 highs for EU equities, but is still elevated in the US. Macro HFs and CTAs have turned
outright long equities, and their exposure is close to 12m highs, yet still below average. Long
short funds have also reduced short positions, but their net exposure remains low too. Risk
control funds’ exposure has increased only modestly and remains depressed by historical
standards. So there is room left for more systematic/HF buying. In contrast, mutual funds
remain long cash and have dumped equities in recent months. As a result, their equity beta is
close to the lows. Similarly, the bid from retail investors to equities has waned, with US
households turning outright sellers of stocks. ©Barclays Equity Research
$ARRY POTENTIAL LONG FROM £18Array Technologies Inc: Install the world's premier solar tracker easily, affordably and quickly in more places. Minimize environmental impact with reduced earthwork activities and grading costs.
$ARRY has been up trending since weeks, now testing support again.
Today's FED meeting will give us a clear vision on equities future, this setup is only valid if FED remains dovish.
2/20/2023 (Monday) SPY Analysis and Market Deep DiveMonday 2/20/2023 - In this Video I discuss The technical analysis of the SPY ETF which is a proxy the S&P500 that is often a tell on general market movements. I also discuss broader market Macros I have been watching including last week's and next weeks economic events. We also discuss some recession indicators, and other charts that show headwinds and tailwinds to equities.
In the Trading View App, You can use the links below and hit play, so you can see the action from the dates the charts were published. I will keep this going so we can follow outcomes to analysis!
Buy DISH after the financial reportIdea: Stabilization after long fall
Technical:
- Bottom of side trend. SL < 13
- Correction to top of side trend. SL < 16.26
Fundamental:
- Growth stock class
- Pro: Growing gross margin
- Pro: RoE is growing, but it can be related to growing debt to equity
- Pro: P/E small (TODO: How to check P/E in the sector without Gurufucus)
- Con: Growing debt to equity and higher then 1
Entering long in equity derivatives - mid/short-term. Some of our algorithmic systems are entering long in global equities, mainly in Norway and in the US.
Right now, the mid-term bullish trend is not completely consolidated, so the VaR allocated to each position is extremely slow.
Our systems are entering at market prices with guaranteed trailing stops at 0.3% of our portfolio risk.
If the systems compounds in a near future, they could open new positions at 0.5% of our portfolio risk.
Nevertheless, they will never allocate too much into a long equities strategy, due to they are diversified between leveraged ETFs, A-book CFDs, spot FX, and exchange-traded derivatives.
HINDALCO LONG TRADE 1 HOURHello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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HINDALCO
1 hour : It has taken the liquidity from major high.
*Wait for the opportunity in lower timeframe (5 min) and we could see downside movement.
THANK YOU !!!!
TATA Chemical Selling Area--------------------------------------DISCLIMER--------------------------------------------------
* All the information shared in this chart is provided for strictly educational purposes only.
* This chart is sharing information are based on the theory of technical analysis .
* This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security.
* Back test yourself before jump into live market consult your financial adviser and use proper risk management.
Entry for selling area 1045
SL will be 1082 (37-38 Point)
Target will be 927 (108 Point) / 890 (155 Point) / 808 (236 Point)
Risk and Reward will be 1.6
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We are not a financial advisor and you should not construe any information discussed herein to constitute investment advice
This only for study purpose.
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Thank you
Trading Cafe 24
🟨 Ned Davis - 10 Day Advance/Decline On Thrusday an important momentum thrust indicator gave a buy signal with NYSE advancing stocks leading declining stocks by better than 1.91 to 1 over the last 10 trading sessions.
The Thrust has been backtested by NDR (Ned Davis) and we can see very impressive statistics.
I have developed an indicator for this and it is available in my profile. Here is the link too: