Indexes
SP500 another TPsWe reached TP1 as due to previous analysis and now will see which other direction will SPX take.
NETFLIX (NFLX) Potential Bullish Continuation
hey guys,
it looks like netflix is preparing for a bullish continuation.
the price keeps setting a sequence of higher lows and based on that it just recently formed a double bottom formation.
wait for a bullish breakout of 428.0 level (current local resistance) then buy on retest anticipating a bullish continuation!
goals:
443
454
Dollar, Show us your STRENGTH!
dxy reached a key 3 days/daily structure.
on 4H the price set a double bottom pattern with a higher low.
looks like greenback is finally preparing for a pullback.
the last resort for bears is 97.05 resistance.
if bulls manage to close above this level on 4H, the price will most likely keep growing further.
target levels:
97.5
97.8
in case of a new lower low formation, the market will go lower.
next goal will be 95.9
SANOFI (SAN) Catching Bullish Wave
hey guys,
after a bullish breakout of a major falling trendline, the price is consolidating in a horizontal range.
it looks like buying volumes are accumulating to breakthrough the minor resistance and go higher.
to jump in wisely wait for a 4H candle close above the range, then buy on a pullback or aggressively aiming at:
91.3
92.4 levels
good luck
if the market breaks below the range, setup will be just invalid.
Intermarket analysis expects SHORT in the INDEXES!Hi traders,
today´s video combines educational content and analysis of 4 major Indexes. BUT!
We do not analyze them separately, but together - WE DO THE INTERMARKET ANALYSIS.
It is this approach that will show you whether an index is overvalued or undervalued. How is that possible? There is a great correlation between them.
Look a the NASDAQ guys. That´s the only one, who reached the last Highest High! Again - THE ONLY ONE!
What we can expect? SHORT, because NASDAQ is too extended.
Have good trading,
Jakub
FINEIGHT
NESTLE (NESN): Catching Bullish Wave
hey guys,
nestle is trading within a bullish flag formation on 4h.
last week a key daily support was reached and now we see a strong bullish reaction from that.
if bulls manage to break through the resistance of the flag, we will expect a bullish continuation to recent structure highs:
106
108
good luck!
S&P 500 Hello Trader's — Opportunity Verified
S&P 500
Short ( Down limit " 3130
Take Profit " 3030 / 2930
Stop loss " 3195
Risk : Reward 1 : 3.2
- ( Dead Zone )
—————
Risk 2.5 % : 5 %
Account Growth Expecting " 5 % : 15 %
Risk : Reward 1 : 3
Expecting Next Movement as Short Entry
1) Retest
2) Volume Confirmation
3) Hidden Fibo Expansion
4) Pattern ( Trend + inner ) + 2 Upper line Channel
5) Key level + 78.6 %
6) Volume Profile - Confirmation
Risk 5 % —
Risk : Reward 1 : 3
Every Tp = 5 % Account Growth
last TP = 15 % Account Growth
Stop loss = - 5 %
I wish everyone success - and Good luck
NASDAQ (NAS100USD) Market High Ahead!
hey guys,
nasdaq is close to the market high.
on a daily, the market is steadily growing within the rising wedge pattern.
to short wisely we need a daily breakout of its support.
for now, we keep following the wedge.
for intraday traders its support and resistance serve as the perfect places to long/short.
however, closer we are to market high, higher the chances for a strong bearish reaction!
pay attention and be ready!
BERKSHIRE HATHAWAY INC (BRK.B) Trading Plan
Very sexy inverted head and shoulders pattern is forming on berk.
117.0 is our horizontal neckline.
First, we need a 4H candle close above that to confirm a breakout.
then we can buy on retest of the broken structure expecting a further bullish continuation.
target levels are:
183.0
190.0
196.0
stop is below the right shoulder
if the market goes below the right shoulder,
setup will be invalid.
DAX INDEX: Bearish Forecast
dax index is approaching April's high.
ugly triple top pattern was formed on 1H chart confirming the significance of the underlined resistance.
today the price dropped nicely, closing below 10985 minor support.
now we see a retest.
based on that I expect a bearish continuation.
goals:
10785
10690
good luck!
SPX500 INDEX (SPY) Bearish Forecast Based on Structure
hey guys,
since the 29th of April, we see a consolidation on spy in a wide horizontal daily range.
now the price is approaching its resistance again so we can expect a retracement.
target levels
2900 - minor support (382 retracement of the last bull leg with numbers adjusted)
2850 - minor support (618 retracement of the last bull leg with numbers adjusted)
good luck!
Nikkei 225 Index (JPN225) Short Trade Explained
Short trade went active on Nikkei!
Reason:
the price reached a resistance line of a rising wedge pattern on daily
+ double top formation on 1H with a confirmed breakout of minor support.
I entered short based on retest (382 retracement of a small bull leg)
stop - 20585
t1 - 20050
t2 - 19770
risk: 1%
INTEL Corp (INTC) Complete Indecision!
hey guys,
intel is stuck in a classic horizontal indecision range.
the price is coiling within a 6 dollars range for more than 1 months and to clarify its future direction we need a breakout.
both scenarios are equally possible and we should be prepared for a bullish and for a bearish violation.
in case of a bearish daily breakout,
the price will drop lower to 53.0/49.3 levels
in case of a bullish daily breakout,
the price will grow to 64.0/67.3 levels
good luck!
Euro Stoxx 50 Index (SX5E) Peculiar BREAKOUT!
Euro stocks index broke below a horizontal neckline of a h&s pattern.
we have a nice conjunction of a daily/4h candle close below confirming the violation.
now the price retesting the broken level.
I expect seeing a bearish continuation to
2656 (next minor support)
2579
Dow Jones Industrial Average (US30) Bearish Continuation!
hey guys,
Dow broke below a major rising channel.
after a retest we see a negative bearish reaction and further decline.
based on that I believe that the index will keep falling.
key levels:
22500
2100
(FR40) Index to hit 4600 EUR Pretty SoonFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis and not meant to be taken seriously. That being said, let me get into my opinion. FR40 which is a French stock index for the Euronext Paris, have been hit pretty significantly as a result of Covid19 after being on a bullish recovery for almost a year prior. Now, as the markets are weighting in and people are starting to "panic sell less", I believe it is about to pass the 4600 euro threshold and likely to go on a stable price recovery trend. The 4600 EUR threshold crossing is likely within a week or so at most, but the recovery process is more of a long afterwards.