Get started

Markets

Bitcoin LevelsBitcoin looks to test the bottom of our channel once again at around 54k and declining. Below that we have our 50 week moving average at 53.3k. It is possible that the bears make one more attempt to provide a solid kiss to our neckline at 48.4k. These are your levels of support. As such I have removed all stops from my current positions. This is probably simply another long liquidation event and it is more than annoying. I don’t want to play that game and will sit the sidelines here until the MMs are done.
INDEX:BTCUSDShort
by stewdamus
Books on trading and Profitunity strategy by Bill WilliamsIn this article, I will share books that were useful for me in the process of studying trading and the Profitunity trading strategy by Bill Williams. Bill Williams "Trading Chaos 1 and 2" ♡ The first and third books by Bill Williams contain complete and up-to-date information on the Profitunity strategy. The second book "New Trading Dimensions" is intermediate and less relevant. The book Trading Chaos 1 includes trading psychology (an integral part of trading), the basics of understanding the markets, candlestick patterns (divergent bars and determining the trend based on a pair of bars, the market facilitation index, volume and squat bar), Elliott waves (characteristics, determining waves using the MACD 5/34/5 indicator, an analogue of the modern Awesome Oscillator, and the Fibonacci ratio), fractals, trading in waves (impulses 1-3-5 and ABC correction). And also very important topics — how to work with your internal structure and how our brain functions (Chapter 11). The book Trading Chaos 2 (co-authored by Bill Williams' daughter Justine Gregory) includes a description of the Alligator indicator in combination with the Awesome Oscillator, divergent bars and fractals. And also tools for working on yourself - morning pages (Chapter 13, from the book by Julia Cameron "The Artist's Way") and autogenic training for traders by Johannes Schultz (Appendix 3). Tom Hougaard "Best Loser Wins" ♡ The book greatly expands the perception of markets, the approach to trading and deeply describes the psychology of trading. The book was first published in 2022 and perfectly complements the books by Bill Williams. John J. Murphy "Technical Analysis of the Futures Markets" A basic book on classical (linear) technical analysis, which also contains up-to-date information on Elliott Wave Theory in addition to the corresponding section in the book by Bill Williams "Trading Chaos 1". Alexander Elder "Trading for a living" (How to Play and Win on the Stock Exchange) A book on the psychology of trading and classical chart analysis, includes a detailed description of popular indicators and a description of the basic strategy "Three Screens" (analysis of the chart on the senior and junior timeframes), as well as an important topic "Risk management". Steve Nison "Japanese Candlesticks" A basic book on classical candlestick (bar) analysis. Thomas DeMark "Technical Analysis - a new science" Constructing trend lines based on the support price minimums and maximums described in the book led me to search for an indicator that displays such bars, as a result, I first became acquainted with the Bill Williams Fractals indicator, even before I became acquainted with his strategy. Theodore Dreiser "The Financier" ☽ A novel published in 1912 based on the life story of the American millionaire Charles Yerkes (1837-1905). The book shows how the financial and economic environment surrounding the main character (Frank Cowperwood) already from childhood forms in him the psychology of a businessman and stock dealer... Robin Sharma "The 5 AM Club" ☆ This book is not about trading, but about healthy habits. But for me the book became useful, including in trading, because I made the following conclusion for myself - it is important to rest (take breaks) every day, and not only on weekends and vacations. And it is worth starting with the fact that after waking up there is free time (about 1 hour) before business activity begins, i.e. either wake up earlier, or move all things forward, so that you can start your day easily. And taking breaks in trading is very important, so I recommend paying attention, for example, to the algorithm for removing limitations using neurographics. (◉ ‿ ◉) There are many good books, as well as good strategies, but I am sure that only independent deep study, practice, good concentration and self-control will allow you to find your own understanding of the markets and your own approach to successful trading.
CME_MINI:ES1!Education
by grigorykov
Disney About to Give it Up! | $DIS SHORTLooks like the moment of truth for Mickey & Co. I have been covering this one for a long time, with numerous mentions that Disney is a sell / short. How low this thing will go, we do not know. Right now I am comfortable saying, -50% is probable. While there are many factors in play, the broader economy is weak and Disney has done nothing but push people away with their radical political positions. Additionally, the destruction of "woke" mob is unfolding before our eyes. Short Disney. Make Money. If this changes, I will update.
NYSE:DISShort
by ChiefMacro
4
SWING IDEA - APOLLO TYREApollo Tyres , a leading tyre manufacturer, is showing technical indicators that suggest a promising swing trading opportunity. Reasons are listed below : 540-560 Resistance Zone Breakout : The 540-560 level has been a significant resistance zone. The price is now breaking out above this crucial zone, indicating strong bullish momentum. Bullish Marubozu Candle on Daily Timeframe : The recent formation of a bullish marubozu candle on the daily chart indicates strong buying pressure and suggests potential for further upward movement. Breaking 5-Month Consolidation : The stock is breaking out of a consolidation phase that lasted over 5 months, signaling a potential new bullish trend. Higher Highs : The stock is consistently making higher highs, indicating a strong upward trend. Trading Near All-Time High : The stock is trading near its all-time high, suggesting strong market confidence and potential for further gains. Gradual Increase in Volumes : A noticeable increase in trading volumes confirms the strength of the price move and indicates growing investor interest. Trading Above 50 and 200 EMA : The stock is trading above both the 50-day and 200-day exponential moving averages (EMA), reinforcing the bullish sentiment and providing strong support levels. Target - 630 // 670 Stoploss - daily close below 490 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:APOLLOTYRELong
by Visionary_Growth_Insights
35
Bitcoin Testing and Testing Demand ZoneBitcoin is once again seeking to fall into our equilibrium zone (purple zone). Bitcoin has tested this zone several times, and if we look at the overall structure, Bitcoin continues to bounce within a range. Our plan remains in place. Remember that markets need to make pauses or retests before taking action. Additionally, we must consider that markets, in general, have been bearish—we are in a bear market. However, the points of interest I have marked are based on historical prices and significant liquidity, so we can expect aggressive movements once the price reaches the indicated zones. Thank you for your support, and don't fear these bear markets; on the contrary, we should average in and take advantage of the opportunities they offer us.
COINBASE:BTCUSD
by RocketMike111
2
Gold ( XAUUSD ) Outlook !!!www.tradingview.com Gold (XAUUSD) is navigating a descending triangle pattern and has rebounded from its upper edge. The 50-period moving average adds an additional layer of resistance for the asset. If it breaks above the 2345 resistance level, it could clear the path to the 2365/2390 resistance Conversely, a rebound from the upper edge may trigger a decline to the 2310/2285 support level. The overall trend is positive, yet a dominant buyer has not emerged. The market is in anticipation of news. On a local scale, the trend is downward. To validate a shift to a local upward trend, the price must surpass and stabilize above the range of 2354 - 2364; this would set the stage for a potential rise to 2400. However, should the price fall below 2328, it could trigger widespread market concern.
EIGHTCAP:XAUUSD
by Goldxking
Can we go back to reality?Congratulations NVDA, because you delivered everything you could deliver in terms of good results, however, can we get back to reality? Will the Black Monday that we experienced in 1987, in the DOW JONES index, be experienced again in 2024, and thanks to NVDA and technology companies? We know what happened between 1980 and 1985 to the American economy, right? It is known that in the 1980s and early 1990s, dollars could circulate freely around the world, so much so that we had a global economic miracle, and the world was swimming in booming growth. But, at the current moment, dollars can no longer circulate freely around the world (FED, China, Russia) and continue contributing to global growth? Therefore, the technological war we are experiencing today (chips and electric cars), diverted dollars to these sectors, further inflating this bubble that is about to burst. Speaking of electric cars, China is firmly dumping its electric cars around the world at very reasonable prices (as it has no intention of breaking its internal market – control), once and for all destroying the automobile industry in many emerging countries, oh my, no? Let's go graphics. Monthly: NVDA has reached the three golden levels of the FIB of the SETUP used, so there is nowhere else to go. So, SPX, get ready. The red lines are resistance points. Weekly: With the brilliant financial report recently released, prices are ready to seek the golden region of this chart period. The red lines are resistance points. Daily. Prices have reached the region of 100% of the bullish pivot. The red lines are resistance points. Do your analysis and good business. Be aware, if you buy, use stop loss. See other graphical analyzes below.
NASDAQ:NVDA
by MacD_Bollinger
The next decade belongs to Latin AmericaFor the past decade, decision-makers in major banks and multinational companies have been focusing their attention on one of the hottest "growth frontiers": emerging markets. During much of the 1980's the prospects in most emerging countries were quite bleak: the debt crisis, inflation and domestic political turbulence. Then a number of "economic miracles" began to pop up, drawing attention to specifically Southeast Asia, the Indian subcontinent, Eastern Europe and toward the end of the 80's, Latin America. Latin America struggled with the heavy burdens of the debt crisis, hyperinflation, recession and the transition from authoritarian to democratic governments. Most analysts call the 80's Latin America's "Lost Decade." Most governments in the area came to the realization that they were gradually becoming irrelevant to the investment decisions of major international players and that they would slowly but surely lose ground to Asia and Eastern Europe in the competition for capital and employment opportunities. The region's trade with the rest of the world increased but at a slower pace than in countries at similar stages of their development. Latin America largely remained an exporter of primary goods. In fact, beside the popping off of just particular industry sectors and multinational companies, Latin America never saw a bullrun as a continent. After lagging behind big players like India and China during the Era of Markets (1989–2019), where there was a remarkable increase in global economic interconnectedness and rapid adoption of digital technologies, now it's time to shine for Latin America and to catch up to OECD economies. The next decade is expected to be a transformative period for Latin America with many countries experiencing rapid growth and development. Economic Growth : Latin America's economic growth is expected to continue, driven by a combination of factors such as increased trade, investment, and infrastructure development. The region's large and growing middle class is also driving consumer spending and demand for goods and services. Regional Integration : Latin America is also expected to strengthen its regional integration, with initiatives such as the Pacific Alliance and the Mercosur bloc aiming to promote trade and cooperation among member states. This will help to increase economic competitiveness and attract foreign investment. Demographic Dividend : Latin America is experiencing a demographic dividend, with a large and growing population of young people entering the workforce. This will provide a significant boost to economic growth and innovation, as well as help to address social and economic challenges. Innovation and Technology : Latin America is also expected to become a hub for innovation and technology, with many countries investing in digital infrastructure and innovation hubs. This will help to drive economic growth and create new opportunities for entrepreneurship and job creation. Emerging countries now represent the clear majority of the world's population. Their growth prospects range from 4 to 5% per year in Latin America, 6 to 7% in East Asia and up to 10% in China. These are typically two to three times the expected growth rates of developed countries. In all of these countries, growth will invariably entail the expansion of new middle classes, with outsized needs for consumer durables, housing and mobility. The MSCI Emerging Markets Latin America Index e.g. captures large and mid cap representation across 5 emerging markets countries in Latin America. This index is one of the most trusted measures of how these stock markets in the region are performing. However, all the constituent countries do not have a proportional representation in the index. The country weights in the MSCI Emerging Markets Latin America Index are mostly Brazil 46.6%, Mexico 36.51%, Chile 9.79%, Colombia 4.17% and Peru 2.93% with sectors like materials, energy, consumer staples, common services and financials. Looking at the Index from a technical macro standpoint we can see clearly almost 20 years of an (Wyckoff) accumulation period (with the launch in 1990 probably even longer) and sideways movement resulting in a kind of created bull flag signaling a continuous coming-in of buyers and losing steam of sellers. Furthermore the monthly RSI is printing higher lows and higher highs which is an indicator for a steady uptrend and positive momentum shift towards the upside. No doubt, Latin America is gonna flourish the next decade(s) marking a significant transformation, with the region poised to emerge as a major player on the global stage.
XETR:IUSCLong
by PizzaDriver
S&P500 Valuation In Current Economic EnvirontmentHello everyone, as title says, today I would like to speak about the S&P500 and its market valuation in the current economic environment. Since I prefer to study and analyze markets on higher time frames rather than day-to-day, this Case Study is based on quarter outlook (3M chart), to capture most of the available information using metrics that have significant inputs and outputs on the economy e.g. Interest Rates, Employment Rates, company Bankcruptcies & others. I decided to make this Case Study since I believe we may be on the verge of facing difficulties on micro and macro levels, which in history led into a downturn of equity markets for a prolonged period of time. It may be argued that some of these Cases are not relevant since they don't include full data, and that would be fair. But at the same time, I would point out that these data and used Cases are the most relevant to this day, because of their similarities to today's economic environment even if not in a full manner. For better understanding, you need to take a look at Pic1. (Pic1.:S&P500 chart with color legend) -Captured time windows consist of the US Unemployment rate moving from relatively low levels to higher values in times when Interest Rates are relatively High. To make a better educated guess I included US bankcrupcies as an overall business health indicator. -Inflation Rate or Federal Reserve Balance could be used additionally. Historically, I would argue that the most similar to this day looks Case Nr.4 In both, we have: a, rallied to ATH in unfavorable market conditions (3to4, 5to6?) b, unemployment rate curving up from the bottom c, bankcruptcies curving up from the bottom d, interest rates are high (and cuts are around horizont) Why is that important? Because as Pic2. shows: (Pic2.:S&P500 drawdown from top) -In all of these cases market bled and did not start turning around BEFORE FED found the bottom rate. And they have not even started cutting yet.. That in my view is a huge red flag and it brings attention to "Not IF we are about to go lower, but WHEN we are about to start going lower." It may be a month, two or three... but if we take a look at what the chart and those economic metrics suggest, it's most likely will not be a pretty ride until all of those are resolved in favorable manner for markets, which may take year or longer as historical cases shown.. Unless they decide to print NEW TRILLION$$$ Hopefully, this case study was helpful for some of you in further market navigation. If YES, please consider liking or sharing this post, it would mean a lot to me. Also, if you are interested in more updates or you would like to receive personal analysis with lower time frame updates daily, let me know in the comments or DM. Best Regards, Joe
SP:SPX
by cryptocapitaltrading
1
GLOBAL ECONOMY - FORECAST Hello there dear traders, this is a quick update on DJI. I just noticed a bullish divergence on the daily RSI (Relative strength of the market) which could lead a bounce back towards all-time high, which we just hit a few weeks ago. Since Corona caused problems to the markets (more likely a bloodbath), people are panicking and overselling their holdings. The most absurd stuff was the shrinking of Anheuser-Busch stock, which is the owner of Corona-Beer, a beer and beverage company, which notes massives losses due to the situation decreasing sales... Anyway, in my opinion markets are oversold right now and there is a chance we might see a bounce back up to <<<28600!>>> RSI looking good and news are still bearish- for me time to fill my bags! If you are interested in what I buy, make sure to ask in the comment section for a specific stock or index, I will tell you my opinion/create a chart for that! If it works out and we come close to the previous all-time high, we will possibly retest this low as of today and at that point we will compare to RSI again and decide what to do! <<<<23100>>>> Note: If we make lower lows and the strength of the DJI lowers as well, trades are canceled!
TVC:DJILong
by GER-Quality-Trades
Bitcoin Market Analysis Post-Halving After seven weeks of bearish sentiment, the Bitcoin market looks significantly different from the bullish euphoria experienced during the climb from $42,000 to $73,800. Now, with less than 48 hours left in the monthly candle, we stand at a critical juncture that could define Bitcoin's trajectory for May. The Moving Average Convergence Divergence (MACD) indicator, commonly used to identify market direction, has entered what is known as the "red valley." This signaling suggests that we may be entering a more prolonged bearish period than initially anticipated by many analysts and crypto enthusiasts. Currently, the BTC/USDT pair is trading around $65,500, facing significant challenges on shorter timeframes to generate the liquidity needed to break through key resistance levels. This stagnation below all-time highs could be interpreted as price consolidation before a potential significant move. Investors and traders should closely monitor candle closes on higher timeframes and market reactions to crucial resistance levels. Patience and technical analysis will be essential tools for navigating the turbulent waters of the post-halving Bitcoin market. THIS IS NOT A FINANCIAL ADVICE
by CRYPTONIA5
Karrat $Karrat #KarratKarrat will quite possibly end up being the game that truly begins to show people that web3 gaming is the future that most are not truly aware of yet. The team behind this project have been working hard for many years and now it is here. You have people that came from working at #Disney and #pixar etc. This game has some of the cleanest looking graphics as well as highest quality NFT's you will ever see. This project just recently dropped and instantly went OVER NYSE:B mkt cap. Like all new launches you get a crazy pump and then a sell-off from early investors realizing some of their gains they deserve from being early. We are most likely now getting to an area that will get a bounce back up to test those level from launch and or somewhere near there. In the bigger picture this could easily end up hitting $3- SEED_TVCODER77_ETHBTCDATA:5B in the peak of the Bullrun. With some patience and longer-term timeframes in mind this may later turn out to be one of the greatest buying opportunities ever for many. Can it go lower in the near term, YES. But if you're a trader looking to make a swing trade and or day trades, these are levels of interest that i myself am buying and trading. However, I've been trading this for gains since day one and even managed to trade a #Fomo buy at $1.08 into profits. Regardless of anything this project and level of performance need to be something you are paying attention to if you don't want to get left behind in the world of #Web3Gaming.
COINBASE:KARRATUSD
by rarebreed29
Could 50K Bitcoin Be In The Cards?Hear me out... I know it's just a couple of days before the halving, but the selling pressure is still strong on BTC and has hit the 60K level without showing signs of slowing the pace to the downside. This makes me think that 50K-52K is possibly in the cards because there really isn't much support until that zone as the order blocks are showing on the 4hr timeframe. Other timeframes are looking very similar. We may have some ups, we may have some more downs, and guess what, we will have some sideways time too. What is important is that you make sure you are following the trend for your time frame. If you are trading short term like myself, you are hopefully capitalizing on the short side. But you may be in the camp that you are buying the perpetual dip. If so, then you are just hopefully dollar cost averaging into the market on these drops to the downside. With global tensions high in the past week, the markets haven't been very favorable for the number-go-up crowd, but for those that know how to trade the volatility, you should have been doing pretty well either way. Are you buying the dip bullish or are you shorting with the bears? Would love to know in the comments!
COINBASE:BTCUSD
by thelogicaldude
2
CAPE Fear: Is the Stock Market Headed for a Cliff Dive? A dark cloud hangs over the seemingly sunny skies of the stock market. The culprit? A valuation metric known as the CAPE ratio, which is currently hovering near its third-highest level in history. This has some investors spooked, whispering fears of a potential market plunge. But is this cause for panic, or simply a cautionary sign? The CAPE ratio, or cyclically adjusted price-to-earnings ratio, takes a company's average earnings over the past 10 years into account, rather than just the most recent year. This provides a smoother picture of a company's value and avoids distortions caused by short-term fluctuations. When applied to the entire S&P 500 index, it offers a snapshot of the overall market valuation. Historically, a high CAPE ratio has often preceded significant market downturns. For instance, the dot-com bubble burst of the early 2000s and the 2008 financial crisis were both preceded by elevated CAPE ratios. This correlation has led some to believe that the current high CAPE ratio is a ticking time bomb waiting to explode. However, the story isn't quite so black and white. Here are some factors to consider: • Earnings Growth: A key caveat is that high CAPE ratios can be justified by strong corporate earnings growth. If companies are consistently generating more profits, a higher valuation might be warranted. While future earnings are never guaranteed, a healthy corporate sector with robust profit margins can support a higher CAPE ratio. • Interest Rates: Interest rates play a crucial role in stock valuations. When interest rates are low, as they have been for the past decade, stocks become more attractive compared to bonds and other fixed-income investments. This can drive up valuations, even if underlying fundamentals haven't necessarily strengthened. • Investor Psychology: Investor sentiment can also influence the market. If investors are feeling optimistic and bullish, they may be willing to pay a premium for stocks, pushing valuations higher. Conversely, fear and uncertainty can lead to a sell-off, causing a rapid decline in the CAPE ratio. So, what does this mean for the future of the stock market? • Caution is warranted: A high CAPE ratio is a signal that the market may be overvalued. Investors should be cautious and avoid blindly chasing momentum stocks. Diversification and a focus on long-term fundamentals remain crucial investment strategies. • Not a guaranteed crash: A high CAPE ratio doesn't necessarily predict an imminent market crash. It simply suggests that future returns might be lower than those experienced in recent years. • Focus on quality: Instead of chasing high-flying stocks with inflated valuations, investors should focus on companies with strong fundamentals, a history of consistent earnings growth, and sustainable business models. The current market situation calls for a balanced approach. While a high CAPE ratio is a reason for caution, it shouldn't trigger panic selling. Investors should be mindful of valuation metrics, but also consider factors like earnings growth, interest rates, and overall economic health. By adopting a prudent investment strategy and focusing on quality companies, investors can navigate this period of uncertainty and potentially weather any potential storms.
SP:SPXShort
by bryandowningqln