Indexsignals
Trading plan and review of Key Levels for major marketsReview of the key levels in the major markets as the US flounders and is mixed ahead of Powells speech in the coming US session. Traders will be eagerly awaiting to see what Powell has to say about inflation and the Feds interest rate plan. USD edged lower as safe haven dollar buyers closed long positions.
The general trend for major Indexes remains down with the USD, Inflation and Interest Rate Rises in focus.
BITCOIN and ETHEREUM took a beating as BTC spiked below $30k to take out some stops. Crypto enthusiasts will be hoping to see BTC back above the $30K area to fend off more selling pressure.
Markets covered
US - DOW, Nasdaq and SP500
Europe - DAX and FTSE100
Asia - Hang Seng, ASX200 and Nikkei
FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY
Commodities - GOLD , Oil and Copper
Crypto - Bitcoin and Ethereum
US100 to go upWelcome back Traders, Investors, and Community!
NDQ |We Can See NDQ Testing 13500.00
Most likely during this week, we can see the price move to the upside
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you
Russell US2000 Daily Outlook | 22 - AprYesterday was massively profitable for me. Today, once again lets see how price will react towards my expectations.
Note: Am not a mentor, i am just a random guy who journals his trades on TView for trading community to read and comment their opinion. This not a signal hence copy at your own risk!
Kings.
US2000 Daily Outlook - 20 AprCurious to see which way price will choose. Will update by EOD on the result.
Kings.
Dow Jones: Spring Feelings 🌿After finishing wave in turquoise, the Dow Jones was moving back down to complete the low of wave in our turquoise box between 34643 and 33930 points. In the upper half of this zone, the index already turned back up and is currently ranging between the turquoise box and the next resistance level at 35281 points. There is a possibility that the Dow will dip into the turquoise box once again to reach its ideal target for the turquoise wave in the middle of the zone. Regardless whether this wave has already ended, or the index returns into the turquoise box, either way afterwards we expect the course to continue the overarching upward movement. The first stop on the way to new all-time highs is the resistance at 35281 points that needs to be cleared.
JP225 NIKKEI : FUNDAMENTAL + LONG FORECAST | PRICE WILL GROW.Japan’s Nikkei jumps about 4% following oil drop; Nio sees gains fizzle in Hong Kong debut Shares in Asia-Pacific jumped on Thursday, following an overnight bounce on Wall Street after oil prices fell sharply from a recent surge.
International benchmark Brent crude and U.S. crude futures tumbled more than 10% overnight on Wednesday.
Oil prices however recovered from some of those losses in the afternoon of Asia trading hours on Thursday, with international benchmark Brent crude futures up 4.1% to $115.70 per barrel. U.S. crude futures climbed 2.92% to $111.87 per barrel.
Asia markets responded on Thursday to the overnight declines in oil prices. China, India, Japan and South Korea are all major importers of oil, according to 2020 data from the International Energy Agency.
The Nikkei 225 in Japan led gains among the region’s major markets as it jumped 3.94% to close at 25,690.40 while the Topix index climbed 4.04% to 1,830.03.
The Hang Seng index in Hong Kong closed 1.27% higher at 20,890.26. Shares of Chinese electric vehicle maker Nio started trading in Hong Kong on Thursday, in what is the firm’s secondary listing. The shares initially jumped but later erased most of those gains, finishing its debut day 0.82% above its issue price.
Mainland Chinese stocks closed in positive territory, with the Shanghai composite gaining 1.22% to 3,296.09 while the Shenzhen component surged 2.179% to 12,370.95.
South Korea’s Kospi also gained 2.21% on the day to 2,680.32, with markets returning to trade from Wednesday’s presidential election which saw conservative opposition candidate Yoon Suk-yeol emerging victorious.
In India, the Nifty 50 jumped 1.47% while the BSE Sensex advanced 1.53%, as of 1:47 p.m. local time.
In Australia, the S&P/ASX 200 climbed 1.1% to close at 7,130.80. Shares of major miner Rio Tinto, however, plunged 7.73%. The firm told CNBC on Thursday that it is “in the process of terminating all commercial relationships it has with any Russian business.”
MSCI’s broadest index of Asia-Pacific shares outside Japan gained 1.84%.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 98.124 after a recent decline from around 99.
The Japanese yen traded at 115.90 per dollar, weaker than levels below 115.2 seen against the greenback earlier this week. The Australian dollar was at $0.7339, still off lows below $0.726 seen earlier in the week.
NASDAQ is about to break into long-term bullish territory again.Basically this is a quick update to my January 31 analysis on NDX where I made a case for the importance of this Channel Down:
Initially the price got rejected near the top (Lower Highs) trend-line of the Channel Down but since yesterday, it is staging a comeback. As mentioned before, a break above it, will most likely restore the long-term bullish trend on Nasdaq and will aim for new All Time Highs (potentially near the 1.5 Fibonacci extension long-term).
The finding of the current idea though, is that the current Channel Down resembles that of the previous correction during September 06 - October 13 2021. For a better illustration, see that Channel below on the 12H time-frame, where th MA50 and the MA200 trend-lines are similar to those of the current Channel Down on the 1D time-frame:
Breaking above the 1D MA50 this time, most likely confirms the above.
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US30 Hrly long | algorithm tradingUS30 hrly long
Buystop @ 35128
TP #1 @ 35403 77.42% wr
TP #2 @ 35670 46.77% wr
SL @ swing low 34942 14.52% hr
WR & HR from past trades
More trades like this on my profile and on Bifrosttrades.com
NIFTY 50 Short Term AnalysisNifty 50 has broken the major support at 17300, the lower trendline and 50 EMA . PSAR has also turned Bearish . With COVID Mutant Variant spooking the markets, any close below the psychological support of 17000 could further pull the marker down. Nifty can find support near the support zones of 16700/16350/16000/15500/200 EMA and bounce back. Failing to do so can further correction in the index. Plan Your Trades Accordingly.
So as of now we can see weakness in Nifty 50 in the short term.
Nasdaq: Off We Go! It was a long correction, but it is finally over – at least that is what we think. Now, it is time for the tech index to gain its old strength and push for new all-time highs.
You can do it, Nas!
DAX Buy SignalDAX is rebounding after approaching two key pressure levels: the 1D MA200 (orange trend-line) and the 15040 Support (1). Last time the price rebounded on the level, it topped at 16,030 (current Resistance) after consolidated within a mini Bull Flag around the 1D MA50 (blue trend-line). The Flag signal is the MACD Bullish Cross so keep an eye.
The medium-term target is naturally the Resistance, while on the long-term a price range within 16250 - 16400 as every previous Higher High since June has been near the 1.382 Fibonacci extension.
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🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Vergnes
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Nasdaq: Next Correction! 🛸🛸🛸The correction is still not over yet. We expect the Nasdaq to decline further until around 14656 points, where a turnaround should set in. Then, new all-time highs should be coming soon!
Let’s wait and see!
S&P500: Ready for Take-Off! 🛫🛫🛫The S&P500 has reached its low and is now ready for take-off. We expect the course to rise until the area around 4620 points. Alternatively, the course could turn around before 4549 points with a 35% chance.
Let’s go!
S&P500: Cooling Off Period! 🥶🥶🥶It is almost over with the S&P’s great run. Our expectation centers around the view that there will be a corrective movement coming it at around 4558 points. Once the course drops to around 4452 points, there will be new opportunities to enter the market.
Happy weekend!
DAX: Here Comes the BOOM! ☄️☄️☄️ The German DAX is set to enter the yellow trading zone. We expect the DAX to fall between 15530 – 15140 points, before starting another bullish rally. However, until then, it needs to stay away from the resistance at 16024 points.
Be prepared!
Dow: Turnaround Ahead! 🤠🤠🤠We interpret the current downtrend of the Dow Jones as a temporary correction. The turnaround area should be around 34358 points, which we are about to reach. However, there is still plenty of room on the downside. In total, the Dow should fall to 33623 points at max. Below that line, we will face bigger corrective patterns.
Waiting is key!
DAX: All Eyes On Me! 👀👀👀The DAX is still indecisive whether to take the alternative route with a probability of 43% and push through the resistance at 15806 points or to take the long road around the mark at 15279 points. We primarily expect that the latter is the case and that the course will make a huge turnaround at the 15279 point mark. After that, the stage is set for a lasting bullish run.
Opportunities ahead!
US30 looking to go 3 out of 3 🎯Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
Previous trade was covered by myself yesterday in a trade idea please see below.
Lets see if this trade can make it three out of three TP hits.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
US30 making moves downward 📉👇One for the indicies traders among you.
Last buy hit TP now it's time for a sell.
Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
DOW JONES touched the 1D MA50. Time to rebound?Dow Jones is trading within a wide Channel Up on the 1D time-frame since the November U.S. elections break-out. Applying the Fibonacci Channel levels really gives this a better perspective.
Yesterday the price hit the 1D MA50 (blue trend-line). As you see every contact within the 1D MA50 since January has been a buy opportunity. So far even when the 1D MA50 breaks slightly, the price never goes below the Ichimoku Cloud. Yesterday we had a hit both on the 1D MA50 and the Ichimoku. I believe that should be enough to initiate a rebound within the current phase of the Channel Up.
The question is, will that be like the March 04 rebound which broke above that Channel and took the index to the higher Fibonacci levels? What do you think?
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> AngusMcK
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S&P500 CLIMAX RALLY 4300?Before any guesses by the BEARS the final climax rally in S&P 500 ,shoot up the index to 4300 by the weekend 11/06/21.
BEARS should wait for a week.
Nasdaq100 - SHORT; Most likely the Fnal Top. SELL it!!The SP500 and the Dow should fare even worse but ultimately, that's likely to be a little difference without distinction.
The SP500
s3.tradingview.com
