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Futurestrading

CHARTOLOGY 101 --- 43 years in the makingThe bigger the pattern the bigger the consolidation the more explosive the move how about this Chart Porn? Cup and handle I expect the log tgt not only to be made but surpassed given yesterdays event's in #baltimore Yup Massive east coast supply chain disruptions to be expected Ports jammed Aviation fuel disruptions Major economic ripples could transpire form this the east coast is home to 120 million people I believe .. Wow Stock up on your Cadbury's and many other things ... :0
ICEUS:CC1!
by BallaJi
How to Start Future and Options Trading?Future and option trading are popular investment strategies in the world of finance. Both involve making investments in financial instruments with the expectation of making a profit. While the two types of trading have their similarities, they are also quite different in terms of their structure and the risks involved. Before you start trading in the Future and Options segment, you need to understand the basics of F&O first. So, let’s understand its basics first. What are futures? Futures are financial contracts that allow traders to buy or sell an asset at a predetermined price and date in the future. The price of the asset in the future is agreed upon at the time the contract is made. Futures trading can involve a wide range of assets, such as stocks, commodities, currencies, and bonds. The main advantage of futures trading is that it allows traders to make investments in assets that they may not otherwise have access to. It also provides a way for traders to hedge their existing investments. For example , if a trader owns a stock that they expect to decrease in value, they can sell a futures contract for that stock and lock in the current market price. If the stock does decrease in value, the trader can buy back the futures contract at a lower price and make a profit. What are the options? Options are contracts that give traders the right, but not the obligation, to buy or sell an asset at a predetermined price and date in the future. The price of the asset in the future is agreed upon at the time the contract is made, but the trader is not obligated to follow through with the trade. Options trading can also involve a wide range of assets. The main advantage of options trading is that it provides traders with flexibility. They can choose to buy or sell an option, depending on their investment goals. Options also provide traders with a way to limit their losses. For example , if a trader owns a stock that they expect to decrease in value, they can buy a put option for that stock. If the stock does decrease in value, the trader can exercise the option and sell the stock at the predetermined price, limiting their losses. Lot Size: In the context of Futures and Options (F&O) trading, lot size refers to the standardized quantity of the underlying asset specified in the contract. It represents the minimum number of units of the underlying asset that can be bought or sold in a single F&O transaction. For example , if the lot size of a stock in the F&O market is 500, then a trader has to buy or sell a minimum of 500 units of that stock in a single transaction. The lot size is determined by the stock exchange and is specified in the contract specifications for each F&O instrument. The lot size is an important factor in F&O trading as it determines the margin required for trading, the minimum quantity that can be traded, and the maximum loss that can be incurred in a single transaction. Traders need to be aware of the lot size of the F&O contract they wish to trade to ensure they have sufficient capital to cover the margin requirements and to avoid inadvertently taking a larger position than intended. It is also worth noting that the lot size of F&O contracts can change over time. Stock exchanges may adjust the lot size based on factors such as the liquidity of the underlying asset, market conditions, and regulatory requirements. Traders should regularly check the contract specifications of the F&O instruments they are interested in trading to ensure they have the most up-to-date information on lot sizes. Differences between futures and options: While futures and options have some similarities, they also have some key differences. One of the main differences is that futures contracts are binding, while options contracts are not. This means that traders who buy futures contracts are obligated to follow through with the trade, while traders who buy options contracts have the flexibility to choose whether or not to follow through with the trade. Another difference is the level of risk involved. Futures trading is generally considered to be riskier than options trading because traders are obligated to follow through with the trade, even if the market conditions are not favourable. Options trading, on the other hand, provides traders with more flexibility to limit their losses. Future and option trading can be complex, and it is important for traders to understand the risks involved before making any investments. It is also important for traders to have a clear understanding of their investment goals and to choose the trading strategy that best aligns with those goals. Steps to start future and option trading: Here are some steps to help you get started with F&O trading: Learn the basics of F&O trading: F&O trading involves complex financial instruments and can be risky if you do not understand how it works. You should educate yourself about the basics of F&O trading, including concepts such as lot size, margin, expiry, and strike price. Develop a Trading Plan: Before you start trading, it is important to have a well-defined trading plan that includes your investment goals, risk tolerance, trading strategy, and money management rules. You should also decide on the F&O instruments you want to trade, based on factors such as liquidity, volatility, and your level of expertise. Start with a small investment: F&O trading involves high leverage and can result in significant profits or losses. It is advisable to start with a small investment and gradually increase your exposure as you gain experience and confidence. Monitor your positions: F&O trading requires active monitoring of your positions as the market can move quickly and your profit or loss can change rapidly. You must use tools such as stop-loss orders and trailing stop-loss orders to manage your risk. In conclusion: F&O trading can be a profitable investment opportunity for traders who are willing to put in the time and effort to learn and develop a trading plan. However, it is important to understand the risks involved and to trade with caution. ___________________________ 💻📞☎️ always do your research. 💌📫📃 If you have any questions, you can write me in the comments below, and I will answer them. 📊📌❤️And please don't forget to support this idea with your likes and comment
NSE:NIFTYEducation
by khushaljain023
Avalanche Price Rallies 12% Amid Binance AnnouncementThe cryptocurrency market is abuzz with excitement as Avalanche ( CRYPTOCAP:AVAX ) experiences a remarkable surge of nearly 12%. This surge coincides with a strategic announcement from Binance, the leading crypto exchange, signaling a significant shift in market dynamics. Binance's Endorsement Fuels Momentum: The surge in CRYPTOCAP:AVAX price underscores the growing confidence of investors, propelled by Binance's latest move. With the introduction of a USDC-margined AVAX Perpetual Contract offering up to 75x leverage on its Futures platform, Binance aims to enhance trading options and user experience, stimulating trading activity and liquidity for $AVAX. Expanding Trading Options: Scheduled for March 20, 2024, Binance's USDC-margined CRYPTOCAP:AVAX Perpetual Contract opens new avenues for traders, enabling them to capitalize on increased leverage options. The 10% promotional trading fee discount until April 3, 2024, further incentivizes trading, while the Multi-Assets Mode feature provides flexibility across multiple margin assets. Binance's Strategic Commitment: Binance's endorsement through the introduction of the CRYPTOCAP:AVAX Perpetual Contract underscores its strategic commitment to expanding offerings and meeting user needs. By providing access to CRYPTOCAP:AVAX trading with enhanced leverage options, Binance reinforces its position as a key player in the crypto market. Impact on Market Sentiment: Binance's endorsement signals a vote of confidence in Avalanche's potential, driving positive market sentiment and investor interest. With increased access to CRYPTOCAP:AVAX trading and favorable trading conditions, demand for CRYPTOCAP:AVAX is poised for further upticks, potentially driving its price higher. Avalanche Foundation's Board Expansion: In addition to Binance's announcement, the recent expansion of the Avalanche Foundation's board has bolstered market sentiment. These developments underscore the growing significance of CRYPTOCAP:AVAX within the cryptocurrency ecosystem, attracting attention from investors and enthusiasts alike. Current Status and Future Outlook: As of writing, Avalanche ( CRYPTOCAP:AVAX ) price surged to $62.52, marking a significant gain of 12.73% with a monthly increase of around 50%. With trading volume holding steady and the potential for further upticks, CRYPTOCAP:AVAX continues to capture the attention of investors, positioning itself as a promising asset within the cryptocurrency market.
Long
by DEXWireNews
GOLD Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand -------------------- 1-18-2024 GREEN UMVD pushing the price UP with a strong RED TrapZone at the moment. See higher Time Frame Analysis below
COMEX_MINI:MGC1!
by SnowflakeTrader
Euro Futures SupportAccording to the latest sentiment analysis data open source, the bullish sentiment on the Euro remains strong. The data shows that the number of short traders are more than long traders which mostly leads for furher upmove. Option Trades Sentiment Option trades sentiment is another important factor to consider when making trading decisions for us. Based on the latest option trade analysis data from CME exchange, option trades data on the Euro is also bullish. The baseline is that naked puts can be easily convert in to syntetic long positions. Options traders commonly use this technique due to the leverage effect in options trading. Buying activity at this level can have a significant impact. However, the presence of strong support does not guarantee that quotes will head towards this level. Growth may continue without a break.
CME:6EM2024Long
by ClashChartsTeam
Market Profile vs Volume Profile: Which one is a better tool?There is an ongoing discussion within the trading community about which tool is better for analyzing market behavior: Market Profile (MP) or Volume Profile (VP). The former was popularized by Jim Dalton in his book "Mind Over Markets," while the latter has many advocates as well, including Peter Reznicek (aka ShadowTrader). With the release of the new "Time Price Opportunities" (TPO) indicator by TradingView, we can now closely examine the disparities between the two and explore which one works better. For starters, I won't delve into explaining what Market Profile is and all its related artifacts (e.g., TPO, single-prints, poor high/low, etc.). TradingView has done a commendable job explaining key concepts in the indicator description. For those seeking more, Jim Dalton's "Markets in Profile" is a recommended resource, an easier and more up to date reading than the original book. Additionally, there are numerous free webinars available on YouTube. Both MP and VP serve similar purposes: 1. Assess day character by analyzing shape of intraday distribution (price-time/price-volume) 2. Identify important levels that are not visible on the standard bar chart (VAH, VAL, POC) 3. Spot structural weaknesses and anomalies. The key difference is in the basic building block: Market Profile uses time at certain price level whereas Volume Profile uses volume. Let’s look at AMEX:SPY chart to explore the differences What stands out is that intraday distributions are nearly identical. There are slight differences in key levels (VAH, VAL, POC) but they are negligible. Note how on Wednesday, the price first retests Tuesday's VAH, then Monday's VAL, then again Tuesday's VAH. After confirming support, it rallies up the next day. From the perspective of the stated goals, we can efficiently achieve the first two, regardless of the tool we use. The third goal is a bit tricky and requries a seperate long discussion. So I won't dwell on it here In overall, we can see that Market and Volume profiles are pretty much alike and it doesn’t make much difference which one you’ll be using. Or does it? So far, we looked at the regular hours chart (RTH). What about futures and similar instruments that trade 24 hours? Let's look at CME_MINI:NQ1! chart Here, the difference in distributions and levels is much more pronounced. The best example is Friday where not only POCs are completely misaligned but even the shapes of distribution (MP is more like a bullish p-shape, whereas VP is a bearish trend day). The disparity in distributions is explained by the difference in volume traded during regular hours (high volume) and extended hours (low volume). Due to this asymmetry, Volume Profile is always heavily skewed towards RTH. Meanwhile, Market Profile is session-neutral, giving the same weight to overnight and regular hours TPOs. Understanding of disparity doesn’t answer question of which tool is better. For example, when it comes to key levels, price sometimes respects MP levels and sometimes VP ones. My take is that we need to pay attention to both when they are pronounced. Good example is Tuesday’s prominent MP POC. Although it was built up overnight on low volume, it was revisited the day after and acted as resistance. To conclude: For tickets that trade primarily in the regular session (or if you look on RTH session chart only) there is no difference whether to use Market or Volume profile. Both provide same information. (note that volume data on lower timeframes depends on your broker and/or whether you buy real-time data from exchange; reliability of volume data is a separate discussion topic). If you’re trading 24h instruments I find more useful using MP as it can give important information about non-regular low-volume sessions. For RTH, it will still give the same results as VP. You can also use a combination of two but then you’ll face a challenge of reconciling difference in distribution shape (like the Friday example). As there is no clear answer how to do it, I recommend sticking to one tool at a time. P.S. I have not done any research on very low timeframe (<5m) for intraday accumulations/distributions. As MP was originally developed to analyze day character (Jim Dalton suggests using 30m TPO) it might not be well suited for lower timeframes (e.g. if you trade within 1h range), and this is the area where VP has advantage. Another point to consider is that currently TradingView provides a wider range of VP tools, incl fixed range, anchored, etc…
AMEX:SPYEducation
by hermes_trisme
4
Options Blueprint Series: The Covered Call Strategy DecodedIntroduction In the ever-evolving world of financial markets, savvy investors and traders continuously seek strategies to optimize returns while managing risk. Among the plethora of strategies available, the covered call stands out for its simplicity and efficacy, especially when applied to a dynamic asset like Euro Futures. This article delves deep into the intricacies of the covered call strategy, using Euro Futures as the underlying asset. Through this exploration, we aim to equip you with the knowledge and tools necessary to navigate the complexities of the futures and options markets. By the end of this journey, you'll gain a comprehensive understanding of how to implement covered calls with Euro Futures, enhancing your trading arsenal with a strategy that balances potential returns against the inherent risks of the forex futures market. Understanding Euro Futures: The Beacon of Currency Markets Euro Futures on the Chicago Mercantile Exchange (CME) represent a contract for the future delivery of the Euro against the US dollar. These futures are pivotal for traders and investors looking to hedge against currency risk or to speculate on the fluctuations of the Euro's value relative to the dollar. Each Euro Futures contract is standardized, with each contract representing a specific amount of Euros. Trading Euro Futures offers a transparent, regulated market environment with deep liquidity, making it an attractive instrument for a broad spectrum of market participants. The futures are marked-to-market daily, and gains or losses are credited or debited from the trader's account, providing a clear view of financial exposure. Key Features of Euro Futures: Contract Size: Each contract represents 125,000 Euros. Tick Size: The minimum price fluctuation is $ 0.000050 per Euro, equating to $6.25 per contract. Trading Hours: Euro Futures markets are accessible nearly 24 hours a day, allowing traders from around the globe to react to market-moving news and events in real-time. Leverage: Futures trading involves leverage, allowing traders to control a large contract value with a relatively small amount of capital. However, while leverage can amplify gains, it also increases the potential for losses. Market Participants: Hedgers: Corporations and financial institutions may use Euro Futures to protect against adverse movements in the Euro's exchange rate, securing pricing or costs for future transactions. Speculators: Individual and institutional traders may speculate on the future direction of the Euro's value against the dollar, aiming to profit from price movements. Importance in the Financial Landscape: The Euro is the second most traded currency in the world, making Euro Futures a critical tool for managing currency exposure in the international financial markets. The contracts provide a gauge of market sentiment towards the Eurozone's economic outlook, influenced by factors such as interest rate differentials, political stability, and economic performance. The Basics of Covered Calls: Charting a Course The covered call is a conservative strategy where the trader owns the underlying asset — in this case, Euro Futures — and sells call options on that same asset to generate income from the option premiums. This strategy is particularly appealing in flat to moderately bullish market conditions because it allows the trader to earn an income from the premium, which can provide a cushion against a downturn in the market and potentially enhance returns in a stagnant or slightly bullish market. Key Concepts of Covered Calls: Ownership: The trader must own the Euro Futures contracts or be long on a futures position to write (sell) a covered call. Option Premium: The income received from selling the call option. This premium is the trader's to keep, regardless of the option's outcome. Strike Price: The price at which the underlying futures can be bought (call) by the option buyer. The trader selects a strike price that reflects their expectation of the market direction and their willingness to part with the futures if the option is exercised. Expiration Date: All options have an expiration date. The covered call strategy involves choosing an expiration date that balances the desire for premium income with the market outlook. Implementing the Strategy: Selection of Euro Futures Contracts: The first step is to have a long position in Euro Futures. This position is the "cover" in the covered call strategy. Selling the Call Option: The trader then sells a call option on the Euro Futures they own, receiving the option premium upfront. This option is sold with a specific strike price and expiration date in mind. Outcome Scenarios: If the Euro Futures price stays below the strike price at expiration, the call option will likely expire worthless, allowing the trader to keep the premium as income while still holding the futures position. If the Euro Futures price rises above the strike price, the call option may be exercised by the buyer, requiring the trader to sell the futures at the agreed strike price. This caps the trader's upside potential but secures the premium as profit. Risk Profile Graphic for the Covered Call Strategy on Euro Futures: This graph illustrates the profit and loss potential of a covered call strategy applied to Euro Futures. The strategy involves holding a long position in Euro Futures while selling a call option at a specific strike price. If the Euro Futures price at expiration is below the strike price, the trader's loss is offset by the premium received from selling the call option. However, the profit potential is capped if Euro Futures rise above the strike price, as the trader may have to deliver the futures at the strike price, missing out on further gains. Implied Volatility and CVOL: A Navigator's Tool In the strategy of covered calls, understanding Implied Volatility (IV) is essential. IV reflects the market's expectation of a security's price fluctuation and significantly influences option premiums. For traders employing covered calls, especially with Euro Futures, high IV can mean higher premiums, offering better income potential or protection against the underlying asset's price movements. Since the Euro Futures is a CME product, examining CVOL could provide an advantage to the trader as CVOL is a comprehensive measure of 30-day expected volatility from tradable options on futures which can help to: Determining Premiums: By gauging current IV, traders can identify optimal premium levels for their call options. Deciding which Strategy to use: High IV periods might indicate advantageous times to implement covered calls, leveraging CVOL's insights for timing entry and exit points. Benefits and Risks of Covered Calls: Income Generation: The most apparent benefit of the covered call strategy is the ability to generate income through the premiums received from selling call options. Downside Protection: The premium received can offer some “protection” against a decline in the futures price, effectively lowering the break-even point. Profit Limitation: A significant risk of this strategy is that the trader's profit potential on the futures is capped. If the market rallies strongly beyond the strike price, the trader misses out on those additional gains, as they are obligated to sell the futures at the strike price. Initiating a Covered Call with Euro Futures: Setting Sail Implementing the covered call strategy with Euro Futures involves a blend of strategic foresight and meticulous planning. The objective is to enhance potential returns or protect against downside risk through the calculated sale of call options against a long Euro Futures position. Here's a step-by-step guide to navigate through the process: Step 1: Selection of Euro Futures Contracts Long Position Establishment: Begin by establishing a long position in Euro Futures. This position acts as your safety net, providing the necessary coverage for the call options you're about to sell. Margin: When going long Euro Futures, the Margin Requirement (suggested by CME on Feb-21 2024 is USD 2,100 per contract) Market Analysis: Conduct a thorough analysis of the Euro Futures market. Consider factors like historical volatility, economic indicators affecting the Eurozone, and any impending events that might influence the Euro's value against the dollar. The chart shows how careful key Support and Resistances have been selected in order to decide when to buy long Euro Futures as well as deciding the Call Strike Price to use. Other techniques can be employed depending on the trader’s plan and methods. Step 2: Selling the Call Option Strike Price Decision: Choose a strike price that aligns with your market outlook. A strike price above the current market price can offer potential for capital appreciation, plus the income from the premium. Since the Resistance is located around 1.10, selling the 1.10 Call could be an appropriate decision. Expiration Date Selection: The expiration date should reflect your market perspective and risk tolerance. Shorter-term options can provide more frequent income opportunities but require closer management. We will be using December 2024 in this educational idea. Premium: When selling a 1.10 Call using DEC24 expiration on Feb-21 2024, the premium collected would be between 0.02180 and 0.02280. The midpoint being 0.0223 and the contract size being USD 125,000, this means we would collect USD 2787.5 in premium, which would either add to the profit or subtract from risk. Step 3: Managing the Trade Monitoring Market Movements: Keep a vigilant eye on market trends and Euro Futures price movements. Be prepared to adjust your strategy in response to significant changes. Adjustment Strategies: If the market moves unfavorably, consider rolling out the option to a further expiration date or adjusting the strike price to manage risk effectively. Case Study: A Voyage on Euro Seas Let's illustrate this strategy with a hypothetical trader, Elena. Elena holds a long position in Euro Futures, expecting slight bullish momentum in the upcoming months. To capitalize on this and earn additional income, she sells call options with a strike price slightly above the current futures price, receiving an upfront premium. As the market progresses, two scenarios unfold: Bullish Outcome: The Euro strengthens, but not enough to reach the strike price. Elena retains her futures position, benefits from its appreciation, and keeps the premium from the call options. Bearish Downturn: The Euro weakens. The premium received provides a cushion against the loss in her futures position's value, mitigating her overall risk. Risk Management: Navigating Through Storms Implementing covered calls doesn't eliminate risk but redistributes it. Effective risk management is crucial: Use of Stop-Loss Orders: These can limit potential losses on the futures position if the market moves against your expectations. Position Sizing: Ensure your position size in Euro Futures aligns with your overall risk management strategy, avoiding overexposure to a single trade. Diversification: Consider diversifying your strategies and holdings beyond just Euro Futures and covered calls to mitigate systemic risks. Conclusion: Docking at Safe Harbors The covered call strategy, when applied to Euro Futures, offers traders an efficient way to navigate the forex futures market. By generating income through premiums and potentially benefiting from futures price movements, traders can strategically position themselves in varying market conditions. However, the journey doesn't end here. Continuous learning, market analysis, and strategy adjustments are paramount to sailing successfully in the dynamic waters of futures trading. As with all trading strategies, the covered call approach requires a balance of knowledge, risk management, and practical experience to master. Embarking on this voyage with Euro Futures and covered calls can lead to rewarding destinations, provided you navigate with caution, preparation, and an eye towards the horizon of market opportunities and challenges. When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies. General Disclaimer: The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
CME:6E1!Education
by traddictiv
2
Tesla (TSLA) Stock: Poised for a Rally Amidst Market OptimismAs the financial markets navigate through a period of volatility and uncertainty, one stock that continues to capture the attention of investors and traders alike is Tesla (TSLA). With a pioneering position in the electric vehicle (EV) market, Tesla's stock is showing promising signs of a significant rally, drawing interest from stakeholders across trading platforms, stock markets, and investment portfolios. 1. Fundamental Analysis: A Strong Foundation for Growth Tesla's relentless innovation in the EV sector, coupled with strategic expansion into renewable energy solutions, lays a robust foundation for its stock's potential rally. The company's financial health, evidenced by its revenue growth, profitability, and strategic investments, underscores its resilience in the face of economic challenges. Investors analyzing stock performance through fundamental analysis will find Tesla's prospects appealing, given its strong market position and visionary leadership. 2. Technical Indicators Signaling an Uptrend Technical analysis of TSLA stock reveals bullish patterns, with moving averages, MACD (Moving Average Convergence Divergence), and RSI (Relative Strength Index) indicating a potential uptrend. Traders utilizing trading software and platforms are closely monitoring these indicators, as they suggest that TSLA might be on the cusp of another rally, offering lucrative opportunities for both short-term traders and long-term investors. 3. Market Sentiment and Institutional Support The market sentiment towards Tesla is increasingly positive, buoyed by recent announcements of advancements in battery technology and new model releases. Institutional investors and hedge funds have also shown renewed interest in TSLA shares, signaling confidence in the company's future direction. This institutional support further bolsters the stock's position in the financial markets, attracting more investors to its fold. 4. Impact of Global Economic Factors Global economic factors, including commodity prices, supply chain dynamics, and regulatory changes in the automotive industry, continue to influence Tesla's stock performance. However, Tesla's proactive strategies in addressing these challenges, such as diversifying its supply chain and innovating in energy efficiency, position it well to navigate the complexities of the global financial markets. 5. The Role of Trading Platforms and Social Media Trading platforms and social media play a pivotal role in shaping investor sentiment towards TSLA stock. The accessibility of trading tools, real-time data analytics, and community discussions enable both novice and experienced traders to make informed decisions, contributing to the stock's liquidity and volatility. As more investors engage in discussions about Tesla's potential, the buzz generated can further drive the stock's rally. Conclusion: A Promising Outlook for TSLA Stock In conclusion, Tesla (TSLA) stands at the forefront of a potential rally in the financial markets. With solid fundamentals, positive technical indicators, strong institutional support, and an active trading community, the outlook for Tesla's stock is promising. Investors and traders are advised to keep a close eye on developments surrounding Tesla, as it continues to innovate and shape the future of transportation and renewable energy. As the financial markets evolve, Tesla's stock represents a dynamic opportunity for those looking to capitalize on the growth of sustainable technologies and the electric vehicle revolution. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult with a financial advisor before making investment decisions in the stock market.
NASDAQ:TSLALong
by SwingSamurai_QMA
KAVAUSDT Technical AnalysisIntroduction: Hello traders and crypto enthusiasts! 🚀 Today, let's turn our attention to KAVAUSDT (Kava against USDT) and explore the compelling technical indicators that suggest a potential upward trajectory. Join us as we dissect the charts and identify bullish signals that could pave the way for positive price action. Technical Overview: 📈 KAVAUSDT is displaying promising signs of a potential upward movement, backed by favorable technical indicators. Let's delve into key aspects and patterns that suggest an impending bullish scenario. Conclusion: In the dynamic crypto market, identifying potential upside opportunities is essential. KAVAUSDT is currently exhibiting bullish signals, and traders may find opportunities in the upcoming upward movement. Keep a watchful eye on the charts for confirmation of the positive trend. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your research and consult with a financial advisor before making investment decisions. #KAVAUSDT #CryptoAnalysis #TechnicalAnalysis #BullishSignals #Kava #CryptoTrading #Blockchain #TradingView #BullishOutlook
by ecchi_QMA
Trading Nasdaq Futures: Correlation Insights & Market StrategiesIntroduction The realm of futures trading offers a spectrum of opportunities, and at the forefront of this dynamic market are the E-mini Nasdaq Futures. Designed to track the Nasdaq 100 index, these futures contracts have become a favorite among traders who focus on technology and growth-oriented companies. The Nasdaq 100, dominated by technology giants, serves as a barometer for the broader tech sector and offers insights into the health of the US economy. Basic Product Specifications Point Value: Each point of the E-mini Nasdaq Futures is worth $20.00, making them an accessible yet potent instrument for both individual and institutional traders. Trading Hours: Reflecting the global nature of the financial markets, these futures trade nearly 24 hours a day, from Sunday evening to Friday afternoon (US times), ensuring that traders across time zones can participate in market movements. Current Margin Requirements: As of the latest update, the initial margin requirement for one E-mini Nasdaq Futures contract is approximately $9,000, subject to change based on market volatility. The maintenance margin is slightly lower, ensuring traders have some leeway in managing their positions. Micro E-mini contracts available: 10x smaller than the E-minis. Market Context and Economic Events In the ever-evolving landscape of global finance, several macroeconomic events cast a significant impact on the futures market. For traders of E-mini Nasdaq Futures, staying abreast of these events is crucial. Key among them is the Federal Open Market Committee (FOMC) meeting, a regular event that can sway market sentiments and cause significant price movements. The announcements regarding interest rates and economic outlook made during these meetings are pivotal in shaping market trends. Similarly, the release of labor market reports, including unemployment rates and job creation numbers, provides critical insights into the economic health of the country. These reports can trigger volatility in the E-mini Nasdaq Futures, presenting both risks and opportunities for traders. Understanding and anticipating the potential market reactions to these events is an integral part of a successful trading strategy. Correlation Analysis and Trading Opportunities A cornerstone of strategic futures trading lies in understanding the relationships between different financial instruments. Our recent analysis highlights the intriguing correlation dynamics of E-mini Nasdaq Futures with other key markets. While E-mini Nasdaq Futures often move in tandem with major indices like the Mini Dow Jones and E-mini S&P 500, they occasionally exhibit negative correlations with markets such as Gold, Euro Futures, Bitcoin, and Light Crude Oil. Insights from Correlation Analysis: Gold: Traditionally viewed as a safe haven, Gold often moves inversely to risk assets like Nasdaq Futures. In periods of market uncertainty or economic downturns, investors might flock to Gold, driving its prices up, while tech-heavy indices like Nasdaq could see a decline. Euro and Bitcoin Futures: The relationship between Euro/Bitcoin Futures and Nasdaq Futures is nuanced, often influenced by broader economic policies and shifts in global trade dynamics and or monetary policy affecting the US Dollar. Light Crude Oil: Fluctuations in oil prices can have a multifaceted impact on stock markets, including the Nasdaq. Rising oil prices, signaling higher energy costs, can negatively affect the performance of tech companies, leading to an inverse relationship. Strategic Trading Approaches : Identifying bearish setups in Gold, Euro Futures, Bitcoin, and Light Crude Oil can be a precursor to bullish opportunities in E-mini Nasdaq Futures. For instance, a downturn in Gold amid rising economic optimism can signal an opportune moment to go long on Nasdaq Futures. Similarly, bearish trends in Euro/Bitcoin Futures and Light Crude Oil, perhaps due to geopolitical tensions or shifts in global demand, can also point towards potential gains in the Nasdaq market. The below chart, where various correlations have been computed by aggregating daily data since 2018, shows a negative correlation between Euro Futures and Nasdaq Futures. Such inverse correlation will be used in the following section as a key element to plan on a long Nasdaq Futures trade. Technical Analysis: Decoding Market Trends Technical analysis forms the backbone of trading strategy formulation, especially in the volatile world of futures trading. For E-mini Nasdaq Futures, two key technical indicators – the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) – provide valuable insights into market momentum and potential trend reversals. Moving Average Convergence Divergence (MACD): The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. It consists of the MACD line (the difference between the 12-day and 26-day exponential moving averages), the signal line (a 9-day EMA of the MACD line), and the histogram (which illustrates the distance between the MACD line and the signal line). Having both MACD lines above the zero line can be seen as bullish as it could be interpreted as an up-trending market and could indicate a potential upward price momentum, signaling traders to consider a long position. Conversely, having both MACD lines below the zero line might suggest a selling or shorting opportunity. Relative Strength Index (RSI): RSI is a momentum oscillator that measures the speed and change of price movements, oscillating between zero and 100. Typically, an RSI above 70 indicates a security is overbought, while an RSI below 30 suggests it is oversold. For traders of E-mini Nasdaq Futures, an RSI reading near 70 could warn of a potential market pullback, suggesting a cautious approach or a potential short position. An RSI near 30, however, might indicate an upcoming price rise, presenting a buying opportunity. Practical Application : Incorporating these indicators into the analysis of E-mini Nasdaq Futures allows traders to make more informed decisions. By monitoring the MACD lines and RSI levels, traders can gauge the market's pulse, identifying key entry and exit points that align with their risk-reward parameters. Trade Rationale : The Nasdaq Futures daily timeframe presents us with an up-trend (based on MACD), but caution may be advisable for long traders since RSI values are near 70. Given the fact that UFOs (UnFilled Orders) are available below price, patient traders may be interested in waiting for a retracement into such lower prices before planning on a buy opportunity. Such trade may receive “extra” help from the negatively correlated Euro Futures contract which recently switched from an up-trend to a down-trending environment as seen above. Trade Plan: Strategic Execution Developing a well-thought-out trade plan is essential for capitalizing on the opportunities presented by E-mini Nasdaq Futures. Given the insights from our correlation and technical analysis, here’s a strategic approach for trading: 1. Identifying Entry Points: Utilizing bearish setups in negatively correlated markets (Euro Futures) as indicators for potential bullish momentum in E-mini Nasdaq Futures. While both MACD lines remain above the zero line and RSI readings remain below 70, look for potential bullish price reactions between 17076.50 and 16316.00, which is where our technical analysis suggests Buy UnFilled Orders (UFOs) may be available. 2. Setting Target Prices: Determining realistic target prices based on historical price movements and resistance levels observed in the Nasdaq Futures market. Since the Nasdaq Futures is in a position to potentially start making new all-times high prices, a target could be set using a Fibonacci projection pointing at 18527.00. 3. Establishing Stop-Loss Levels: Placing stop-loss orders to minimize potential losses. These should be set at levels where the initial trade hypothesis is invalidated, such as below 16316.00, which is where UnFilled Orders would be proven to not to be available. 4. Calculating Reward-to-Risk Ratio: Ensuring that the potential reward justifies the risk taken. A healthy reward-to-risk ratio, such as 2:1 or higher, is typically desirable. 5. Point Values and Contract Specifications: For E-mini Nasdaq Futures, understanding that each point movement represents a $20 change per contract. This knowledge is crucial in calculating potential profits and losses. Considering Micro contract options for traders with smaller account sizes or those seeking to manage risk more conservatively. The point value would be $2 in such case. Practical Considerations : In implementing this trade plan, continuous market monitoring and readiness to adjust strategies in response to changing market conditions are paramount. The plan aims to maximize profits while strictly managing risks, aligning with individual trading styles and risk tolerances. Risk Management: Safeguarding Investments Effective risk management is the cornerstone of successful trading, particularly in the dynamic environment of E-mini Nasdaq Futures. Implementing robust risk management strategies not only protects investments but also enhances trading performance. 1. Utilizing Stop-Loss Orders: Stop-loss orders are essential in limiting potential losses. They should be set at levels where the initial trade hypothesis is invalidated. These orders help in managing trades without emotional biases, ensuring decisions are based on pre-set risk parameters. 2. Hedging Techniques: Hedging strategies, such as using options or diversifying with inversely correlated assets, can provide a safety net against adverse market movements. For instance, while correlations are not a guarantee, holding positions in Gold or WTI Crude Oil Futures could serve as a hedge against a downturn in the E-mini Nasdaq Futures. 3. Avoiding Undefined Risk Exposure: It is crucial to avoid situations where the potential loss is unknown or unlimited. This can be achieved by using defined-risk strategies and avoiding high-leverage positions that can amplify losses. Traders should be aware of the leverage inherent in futures contracts and adjust their position sizes accordingly. 4. Adapting to Market Conditions: A flexible approach to risk management is key. This involves regularly reviewing and adjusting stop-loss levels and hedging positions in response to changing market dynamics. Staying informed about economic events and market trends is vital in making timely adjustments to risk management strategies, including a potential for a trade to be invalidated and cancelled altogether. Conclusion In the intricate tapestry of financial markets, trading E-mini Nasdaq Futures presents both challenges and opportunities. This article has navigated through the complex correlations between Nasdaq Futures and other key financial instruments, uncovering strategies to capitalize on these relationships. The integration of technical analysis, focusing on MACD and RSI indicators, further enriches the trader's arsenal, providing a deeper understanding of market trends and potential entry and exit points. As we've explored, the negative correlations with markets such as Gold Futures, Euro Futures, or WTI Crude Oil, can signal opportune moments to go long on Nasdaq Futures. Conversely, these markets can offer hedging opportunities against potential downturns in Nasdaq. The strategic execution of trades, underpinned by solid risk management practices, forms the bedrock of successful trading in this dynamic environment. In conclusion, trading E-mini Nasdaq Futures demands a multifaceted approach, blending correlation insights, technical analysis, and stringent risk management. By staying informed, adaptable, and disciplined, traders can navigate the ebb and flow of the Nasdaq Futures market with increased confidence and potential for success. When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies. Disclaimer: The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
CME_MINI:NQ1!Education
by traddictiv
2
ICICI Bank weekly and daily chart analysisIn weekly time frame ICICI bank had formed a symmetric triangle pattern and broked out of it, now it has successfully retested the BO. In daily time frame we could see that the stock is above 200,100,50 and crossed 20 ma today, price retested the 50ma and bounced back by forming a bullish engulfing on 10th January if closed higher on the next daily trading session i will be bullish till the next instant resistance that would be ATH. I expect it to move much more than ATH as nifty is showing bullishness and if Banknifty follows the path on which nifty is there is a high probability of this stock moving higher. Weekly Chart analysis picture of ICICI Bank - Comment down your views on this stock & give a boost if you like the chart. Thank you. NSE:NIFTY NSE:BANKNIFTY NSE:ICICIBANK
NSE:ICICIBANKLong
by anway1436
1
NQ! Another Bullish RunThe NQ went bullish once again today. I had a positive day at the start and then started second guessing my reading of the price action I saw and blew throught the different points on the 15 minute chart. So moral of the story go with what you see and know and stop trading when you are up. I started the day up over $250 in profit ended the day from dumb trades and overtrading -$489 down........DUMB!!!!!! Oh side not if i had let the first trade run as i should have i would've had a MIL:1K day trading just micros. But such as life? So maybe i should have posted the MNQ chart but you get the idea.......Be a mindful trader always......i guesss is what im saying.
CME_MINI:NQ1!Long
by Thescalptrader
Euro to propel on relapsing EU inflation & US jobs dataFighting inflation is hard. Hence, central banks are data dependent while calibrating rates. Continuing geopolitical conflicts puts Europe at risk of inflation relapse. Headline numbers can be misleading. Central bankers will dig deep. Deeper analysis will compel investors and policy makers to rethink and recalibrate interest rate calculus. This paper unpacks US jobs & Euro area inflation report, and market expectations of rates ahead. UNPACKING US NON-FARM PAYROLL DATA The US labour market added 216k jobs in December 2023 surpassing expectations. It was up 25% month-on-month. Headline numbers look healthy. Details spell trouble. Payroll data was revised lower by 71k for October and November. Average work week contracted, and participation rate declined. Jobs growth is concentrated in three sectors, namely, Government, Education/healthcare, and Leisure/Hospitality. Eighty percent of the jobs added are from sectors that are not considered growth engines. Three key takeaways from jobs report: 1. Employment growth remains robust: Month-on-Month employment trends point to jobs growth in government, leisure and hospitality, health care, social assistance, and construction, while transportation and warehousing lost jobs. On a 12-month seasonally adjusted basis, apart from (a) Transportation & Warehousing and (b) Information, rest of the sectors added jobs. Source: BLS 2. Hourly Wage Earnings growth is strong: In December, average hourly earnings on private payrolls jumped by fifteen cents, or 0.4%, to USD 34.27/hour. Average hourly earnings have increased by 4.1% over the last year. Source: BLS 3. Unemployment Remains Unchanged: Unemployment rate was unchanged at 3.7% (3.5% last year this time) with number of unemployed persons unchanged at 6.3 million (5.7 million last year this time). COMPREHENDING EUROZONE INFLATION NUMBERS Euro area inflation rose 2.9% YoY in December 2023, reversing a two-year low (2.4%) observed in November. Eurostat inflation estimates was marginally below the market consensus of 3%. Inflation uptick since April 2023 was primarily due to energy-related base effects. Energy prices declined 6.7% while services inflation was flat. Core inflation, excluding food and energy prices, softened to 3.4%. Core inflation is at its lowest point since March 2022. MARKET EXPECTATIONS OF RATE CUTS Investors are betting that the US Fed and the ECB will cut rates six times this year. First rate cut is expected in March or April. Market expectations are in sharp contrast to policymakers. The US Fed expects to make three quarter-point cuts this year. The ECB has stood its ground arguing that the inflation fight is not over yet. Amid strong economic data, probability of Fed rate cuts in March has fallen from 100% to 70%. Source: CME Fedwatch Tool EUR-USD WITNESSED WILD MOVES ON INFLATION, JOBS, AND SERVICES DATA BUT SETTLED WHERE IT OPENED Last Friday news flow impacting FX rates were strong. Front month EUR-USD futures traded wildly opening at 1.0977 reaching a high of 1.1030 and then plunging to a low of 1.0908 before closing at 1.0977. December US ISM Services PMI unexpectedly fell to 50.6, the lowest reading in seven months, compared to 52.7 in November. Services industry is critical accounting for more than two-thirds of the US economy. Euro fell 0.5% last week, marking its largest weekly drop since early December breaking three consecutive weeks of strengthening. The EUR-USD is hovering at its support levels with the 50d DMA likely to print a golden cross with the 200d DMA. Near term technical signals point to strengthening of the Euro versus the US dollar. Momentum favours Euro while price reversion risk remains neutral. Diverging macroeconomic conditions leaves Eurozone exposed to higher risk of inflation relapse. The ECB is expected to be slower with rate cuts relative to the Fed. In anticipation, leveraged funds are starting to sharply reduce their net short positions in the CME EUR/USD futures. Source: CME QuikStrike HYPOTHETICAL TRADE SETUP Europe is at greater risk of inflation relapse on continuing geopolitical risks in Russia-Ukraine and the middle east. Energy and goods inflation relapse will force the ECB to defer its rate cuts. Size of the rate cuts, if any, is also likely to be smaller at the ECB relative to the Fed. This will strengthen the Euro against the USD in the near term. To harvest gains from a strengthening Euro, this paper posits a hypothetical long position in CME Micro EUR/USD Futures expiring in March 2024 (M6EH2024) with an entry at 1.0979 combined with a target at 1.1123 and hedged by a stop at 1.0871, delivering an expected reward-to-risk ratio of 1.33x. Each lot of CME Micro Euro Futures contract provides exposure to 12,500 Euros. It is quoted in USD per Euro increment. Each pip i.e., 0.0001 per Euro delivers a P&L of USD 1.25. • Entry: 1.0979 • Target: 1.1123 • Stop: 1.0871 • Profit at Target (hypothetical): USD 180 (= 0.0144; 144 pips; 144 x 1.25 = 180) • Loss at Stop (hypothetical): USD 135 (= -0.0108; -108 pips; -108 x 1.25 = -135) • Reward-to-Risk (hypothetical): 1.33x MARKET DATA CME Real-time Market Data helps identify trading set-ups and express market views better. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com DISCLAIMER This case study is for educational purposes only and does not constitute investment recommendations or advice. Nor are they used to promote any specific products, or services. Trading or investment ideas cited here are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management or trading under the market scenarios being discussed. Please read the FULL DISCLAIMER the link to which is provided in our profile description.
CME_MINI:M6E1!Long
by mintdotfinance
Jingle Bulls: Analyzing the E-mini S&P 500's Year-End RallyIntroduction The Santa Claus rally, a well-documented phenomenon in the financial markets, particularly in the context of the E-mini S&P 500, presents a captivating study of market behavior during the holiday season. This rally, often characterized by an uptrend in the stock market, offers a confluence of joy and opportunity for traders and investors alike. Our extensive analysis will delve deep into the intricacies of this phenomenon, unraveling its significance in the broader market context. Current Market Overview Over the past two decades, the E-mini S&P 500 has often mirrored the festive spirit with its performance during the Santa Claus rally. A close examination of the rally's seasonality since 2006 paints a picture of resilience and optimism, with only a handful of years bucking the trend. This pattern sets a compelling backdrop for our current year's analysis. Technical Analysis of the Santa Claus Rally The preliminary signs of the Santa Claus rally begin to surface as autumn wanes. The technical indicators in November, particularly the moving averages, RSI, and MACD, provide a glimpse into the market's preparatory phase for the rally. This early analysis is critical in setting expectations and understanding the underlying market sentiment. December's arrival marks the acceleration of the rally. The daily timeframe charts during this month are a testament to the burgeoning bullish sentiment, with technical indicators aligning to confirm the trend's strength. A broader perspective is gained through a weekly timeframe analysis, which smoothens out the daily volatilities and provides clarity on the rally's sustained nature. The monthly timeframe charts link the current rally to the historical market cycles, offering a comprehensive view of the rally's significance in the long-term market trends. Historical Context and Comparative Analysis The Santa Claus rally, particularly in the E-mini S&P 500, is not a recent phenomenon. Historical data dating back over the past two decades reveals a pattern of consistent end-of-year rallies. Analyzing these instances, we find that in 14 out of the last 18 years, the E-mini S&P 500 experienced a significant uptick during this period. Notably, the failed rallies often coincided with broader market stressors or significant global events, offering insights into the rally's sensitivity to external influences. This comparative analysis underscores the rally's reliability but also highlights its exceptions, reminding traders that historical patterns do not guarantee future outcomes. Economic Indicators and External Factors The Santa Claus rally in the E-mini S&P 500 doesn't occur in isolation. It is influenced by a myriad of economic indicators and external factors. Key among these is the Federal Reserve's monetary policy, which can significantly sway market sentiment. Inflation rates, employment data, and GDP growth figures also play a crucial role in shaping the market's direction during this period. On a global scale, geopolitical tensions and international trade relations can impact investor confidence, thereby affecting the rally. This interplay of factors necessitates a vigilant approach to market analysis, recognizing that the Santa Claus rally is as much about economic fundamentals as it is about seasonal trends. Market Sentiment and Trader Behavior The psychology driving the Santa Claus rally is a fascinating aspect of this phenomenon. During this period, a general sense of optimism pervades the market, often leading to increased buying activity. For many traders, this rally represents a culmination of the year's trends and a final push for year-end profits. However, this optimism needs to be tempered with caution. The rally can sometimes lead to overexuberance, resulting in inflated asset prices and increased volatility. Traders should be aware of the potential for a market correction following the rally and should approach trading during this period with a balanced mindset, combining optimism with risk awareness. Trading Strategies and Risk Management Navigating the Santa Claus rally requires tailored trading strategies and effective risk management. Traders might consider positioning themselves to capitalize on the expected uptrend, but with safeguards against unexpected market shifts. Utilizing stop-loss orders and setting clear profit targets can help in managing risks. Diversification across asset classes may also provide a buffer against potential volatility within the E-mini S&P 500. Additionally, traders should stay attuned to market indicators and news, as these can provide early signals of changes in the rally's trajectory. Ultimately, a disciplined approach, balancing the eagerness to exploit the rally with prudent risk management, is key to navigating this period successfully. Conclusion The Santa Claus rally, particularly in the E-mini S&P 500, offers a microcosmic view of the broader market dynamics at play during the year's end. This phenomenon, while rooted in historical patterns and influenced by a blend of economic indicators and market sentiment, requires a nuanced understanding and a strategic approach. As we close the chapter on another year's rally, traders are reminded of the constant interplay between market optimism and the reality of economic fundamentals. The insights gleaned from this analysis not only shed light on the rally itself but also serve as a guiding framework for navigating future market movements with agility and foresight. CME Real-time Market Data helps identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com Disclaimer: Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services.
CME_MINI:ES1!
by traddictiv
!!! ↘︎ Multi-day Streak(period): No Santa this Christmas ↘︎ !!!✺ End of Bulls rally after the most successful trading day since April. ✺ The possibility of the Goldilocks scenario - is it on the horizon? ✓ PPI data has been reported today. Key fact: "Firms no longer optimistic" BLACKBULL:SPX500 After the longest period of growth in 2024, the market closed at -0.41 rate, putting the end to the robust bulls rally since the last week. The PPI report came out during the pre-market hours. The result, from the surface was seemingly positive from market perspective. Although, always the detail is the devil. The overall result came out in favor of regular consumer, seeing drastic decrease in manufacturing cost in total: (Processed goods for intermediate demand) Prices for processed goods for intermediate demand moved down 0.9 percent in October, the largest decrease since falling 1.6 percent in May. Leading the October decline, the index for processed energy goods dropped 4.3 percent. Prices for processed foods and feeds decreased 0.4 percent. In contrast, the index for processed materials less foods and energy advanced 0.1 percent. For the 12 months ended in October, prices for processed goods for intermediate demand fell 4.5 percent. The largest contribute to the odds was the transportation and warehousing which increased for about 1.5 percent. The warehousing and transportation contains various subjects from regular staffing needs to delivery of goods, signifying that the era of pandemic is yet remain in the market. The Empire state manufacturing Survey begins with the headline, "Firms No Longer Optimistic," as the future business conditions index plunging from twenty-four points to -0.9, the lowest since 2022. Troublesome in logistics with increased unfulfilled shipment, lacking number of employees, decreased employee work hours, signifying operational challenges residing within the industry. Facing these resilient challenges, business have forecasted in contrast to market's optimistic expectations: General business conditions from twenty-three to -0.9 followed by decreased number of new orders, increased unfilled orders and shipments, lacking performance over all. Back to the graph, here are some key price-lines for the rest of this week on BLACKBULL:SPX500 (red lines): 1. Bull $4506-4521 (Largest volume allocated for the last 5 days) 2. Bear $4393.66-4360 (Largest volume allocated since Oct 28th) With few significant leaps in the previous week and this Monday, the market might have fooled us by acting as if these were the clues as to guarantee the potential end of the year rally. With big CPI report and lots of unexpected positive earnings from larger tech firms and overall, we were able to get through the $4393 resistance level without a hurdle, and it seems that we just ran out of those events to create the unexpectencies to get us through the new high. Plus, the Inverse U-shape pattern is one of my favorite along with Inverse W-pattern (or Double top), and as large the previous leap was, this down trend will also be way much more accelerated with higher velocity than which we anticipated. We all know that demand is the driving factor of the market, but without the proper level of supply to meet the market needs, will only cause higher inflation, simply will lead to another rate hike from the fed. I think today's inverse trend was only the smallest part portraying the fear residing beneath the surface.
BLACKBULL:SPX500Short
by Kim_CLSPX
NQ View pre HolidayHello everyone This is likely the last analysis/ forecast until next month/ year. As always, I am monitoring DXY for confirmations of movement on the NQ. I am bullish above the Order Block highlighted, and the supports noted. If we trade below the order block, I will be looking for a dip into the bullish FVG's marked as support. I believe a high probability scenario is that we will dip on Sunday open/ Monday and bounce from the OB or other supports. DOL are the FVG's above. Notice below all of this bullish move we had tapped into a monthly Bullish FVG, (I have marked the .5 of that ) I have marked M, D, W to denote which strength the various gaps are. There are several news drivers/ economic numbers coming out this week that will likely be catalysts for moves. I hope this is helpful, and that you have a fantastic trade week!
CME_MINI:NQ1!Long
by The_Lioness
2