MACY'S Weekly Technical AnalysisM weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines, Confluence, Cluster, Modified Schiff Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
Pitchforks
SILVER FUTURES Daily Technical AnalysisSI1! Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines, Cluster, Confluence, Rectangles, Pitchfork, Modified Schiff Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
INTEL Daily Technical AnalysisINTC Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines, Cluster, Confluence, Pitchfork, Fibonacci Retracement, Gap - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
S&P 500 Daily Technical AnalysisSP 500 Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channel, Cluster, Confluence, Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
S&P 500 Daily Technical AnalysisES (SP 500) Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channel, Cluster, Confluence, Pitchfork, Fibonacci Retracement / Extension - Hope it Helps, Good Luck
Chart unchanged, just a refresh from July 2023, no update required.
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
SPY Republishing my targets for my knowledge and learningBeen experimenting with various indicators and I try to keep it simple. The hardest part for me is to find a target using Ichimoku. I try to use and relearn Fib and pitchfork
My Target is 475.33 and my support is the Kijun support and you can see it clearly here which is 466.68!
LFG
Now to the hardest part. I think I have learnt enough but I realize that it is a continuous learning and it is never enough. If I were to have knocked the patterns outta window and if I were a guru it should show in my bank balance, no? Ironically no. This means I have to make this a habit and post regularly
Please let me know what you think so that we can all grow together
📈BTC.D analysis, ready to pullback📉CRYPTOCAP:BTC.D
Hello Traders, please check out my previous ideas.
As indicated in the chart, Bitcoin Dominance can return to the yellow range, near the pitchfork midline.
BTC.D can reach Bollinger-midline then starts its downward trend.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌
CTK, another impulse on the way?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
SEED_ALEXDRAYM_SHORTINTEREST1:CTK
Found this on a scan and have been tracking well.
Stalking it since mid-Dec.
Time to take notice, MO.
Reacted from level identified, moved to an AOI identified, with a reaction out of said AOI.
IF:THEN.
NEVER a certainty, obvi, but interesting.
Decentraland 100 Bagger (Boom or Bust Lotto Ticket)BINANCE:MANAUSDT
This isn't an investment idea, it's a lotto ticket.
No real analysis here....
I'm just hoping that a combination of a crypto bull market and Apple's VR headset launch in 2024 throw this silly Metaverse coin into the stratosphere.
Technically, it just needs to match the previous cycle's run on a percentage/time basis.
(Market Cap would be somewhere around $100 Billion or more if this works out, which is insane and demonstrates how unlikely this is)
Obviously, this is a boom-bust play and odds are that it goes to zero.
However, if you are a gambling man/woman and accept the boom-bust odds, maybe it's worth a flyer?
Fat_Fat
SP500. Is market "re-act" from FED or vice versa? 29/Dec/23SPX's chart/market is driven by Fundamentals ( FED) as most traders perceived. But I do agree with Robert Prechter and Alessio Rastani that market/ chart is driven by the "rotating cycle" of "supply/demand" rather than news/fundamentals even though I don't agree Robert Prechter with (Founder of Elliott Wave International) have been calling for major crash (which is severe than 1929) for many years
📈Gold analysis, Before FOMC Meeting📉OANDA:XAUUSD
FOREXCOM:XAUUSD
Hello dear traders.
Gold is expected to rise to around $1,993 by the time the FOMC meeting begins.
After that, the xauusd process will go through two scenarios.
If the price does not stabilize above 1988 ---> the bearish scenario is more likely
If the fork structure breaks and gold consolidates above 1988, gold could rise to around $2,000 and then $2,016.
Market expectations for interest rates have stabilized at current numbers.(5.5%)
But in my opinion, the tone of the FOMC meeting could be contrary to the market's expectations, and it may not even start the interest rate reduction process next year.
In this case, the bearish scenario is active and the price can even fall to the $1931 range.
P.S: FOMC meeting is going to be like Negan in the picture. It hits or it doesn't!!!
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌
Northam Hinting at Bearish 2024 First HalfNortham price has gone lower than 10 November low seeming to confirm a cycle failure, this puts the share in intermediate decline. We also see price action carving a rising wedge that is yet to break but has a higher confidence in breaking to the downside. We therefore look at the bearish Pitchfork and the retracement lines in how they interact with price & time for guidance on when likely the weekly cycle reaches a bottom. The weekly cycle ranges from 20 weeks, short and 30 weeks on average.
🚨The End of the Bitcoin Rally(💡Signs💡)🚨👋Hi, everyone. I hope you had a great weekend.
🧐Today, I decided to answer the question of whether Bitcoin has reached the end of the Bullish Rally or not ❗️❓
⏰To answer the above question, it is better to look at the Bitcoin chart in the higher time frames, such as daily, 2-day, or weekly.
🌐Bitcoin started to increase after the confirmation of ETFs , but it seems that the result of the news should NOT help Bitcoin anymore, because the reality is that no money has entered the market through companies and we have to wait for the approval of ETFs and then their implementation phase. So it seems that the cryptocurrency market has increased well so far with this news, although when the entry of ETFs is done , we can see more growth of Bitcoin ( According to the news, the first ETF will be approved on January 8-10 ).
💡If we look at the 2-day chart of Bitcoin, we will realize that Bitcoin has been moving in an Ascending channel for more than a year .
💡Another interesting point is that the Pitchfork lines played the role of Support and Resistance very well on the Bitcoin chart so that every time a line breaks upwards, Bitcoin moves up to the upper bar.
🏃♂️Bitcoin is moving near the upper line of the Ascending Channel , one of the Pitchfork lines(0.618) , and the 🔴Resistance zone($51,500_$45,340)🔴 .
🌊In terms of Elliott wave theory , Bitcoin seems to have completed the second impulse wave 5 [ although I expected Bitcoin to touch the 🔴Resistance zone($51,500_$45,340)🔴] .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
💡If Bitcoin touches the price range of $34,000-$34,300 , a large amount of LONG positions are exposed to the risk of liquidation , which is unfortunately attractive for exchanges .
💡One thing that can be said about Volume Trading is that, in general, the Volume Trading in the second five impulse waves is much less than the first five impulses == Not a good sign for the continuation of the upward trend of Bitcoin.
💡Another sign that can confirm the decline of Bitcoin is the presence of 🔵 6 CME Gaps 🔵; according to my research, Bitcoin has never created more than 5-6 CME Gaps in one direction, and in the past, Bitcoin has either been in an upward trend or moved down and filled these CME Gaps.
💡In addition, Bitcoin's Dominance(BTC.D%) has approached the 🟡 Price Reversal Zone(PRZ) 🟡, which will indicate the decrease of Bitcoin's dominance in the Cryptocurrency market in the future.👇
🔔I expect that Bitcoin will NOT be able to go above $44,700 in the next days and will fall to the 🟢 Support zone($39,000-$37,000) 🟢 and fill the 🔵 first CME Gap($40,325-$39,290) 🔵 and then spend some time above the support zone. The news of the approval of the fund, if it happens in January, can give temporary growth to Bitcoin, but it seems that the correction will continue at least until the lower line of the ascending channel and the 🔵 Second CME Gap($34,295-$34,160) 🔵.
❗️⚠️Note⚠️❗️: I will try to update you in the lower time frame every day.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 2-Days time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Absa Begins Descent into Weekly LowAbsa is now in a failed daily cycle, price therefore is seeking a weekly low price in lower highs and lower lows formation. Currently price is due a weak bounce before continuing further downside. Curious is whether price will go lower than 8 May low, I place this at higher probability as price also pursues a yearly low price. We can look at the median line of the Pitchfork and/or the trendline support.
2Y Yields LowerTVC:US02Y
2Y Yields heading lower.
Sometime over the next 12-18ish months, I believe we'll see 2Y yields fall to 200-275 bps.
Headline inflation numbers are lower and dropping.
The Fed has effectively pulled a rabbit out of a hat in the act of raising interest rates by ~500+ bps, while avoiding the obliteration of the economy. (thus far)
If the economy does falter in the coming months; the Fed will lower rates.
(No further explanation needed)
Despite the endless repetition of "higher for longer" from Fed officials; I believe that the Fed will lower rates even if the economy and markets remain strong.
The establishment powers in the political & financial world's that the Fed straddles both crave the same thing... Cheap Debt.
In addition to this, there are over $34+ Trillion reasons to lower rates as soon as possible.
Not to mention, the upcoming election...
The market is anticipating lower yields as well.
We're seeing the market preemptively increase exposure to interest rate sensitive assets.
(i.e. - tech stocks, indices, cryptos, beaten down govt bonds, etc.)
On a technical basis, the weekly chart of 2Y Yields is showing substantial bearish divergence.
Weekly RSI shows a bearish RSI Swing Rejection (March '23 and October '23 highs)
The 50% & 61.8% Fib levels give us a target of 200-275 bps.
The median line set suggests that yields could arrive at the target area sometime between May '24 - May '25.
Conclusion: Short Yields.
Fat_Fat
📈Bitcoin golden position for left behinds📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders. Let's make it simple. I think:
Bitcoin will retest lower levels around 35k. (But the most important dynamic level is the weekly Bollinger midline.)
Then the targets for the next jump are 45k, 47k and then 50k.
Above these levels, the most important price resistance is around 52K and 55K.
I personally bought some bitcoin close to 40k and will keep buying until the price is above 35k. (As you can see, Bitcoin touched the mid-Bollinger line on the daily TF)
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
DRD Gold Back in Broadening WedgeDRD broke out of the broadening channel trapping many shorts, price rose sharply but then reversed sharply, classic action of price fueled by short covering. Now price presents with a failed daily cycle, the current uptrend can be expected to be halted at the resistance of the broadening wedge then turn down lower than recent lows to the median line of the Pitchfork.
The support of the broadening wedge would be interesting for a weekly cycle low, most hinges on what recessionary realities bring into the markets, there is expectation of all assets to take a hit.
Aspen With Weekly Low Confirmed (Bullish)Aspen confirmed a weekly after finding support at the 200 week moving average, now price is seeking a half cycle high. On the RSI we can see it reaching an overbought level with TSI stretched to the upside, we can expect a pullback from here while price seeks to cool off the indicators before seeking to breakout from the purple Pitchfork resistance. It is also noteworthy that the low price setup a double bottom whose full confirmation indicates that price will reach the resistance of the weekly grey Pitchfork.