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Volatility Rally | Major Demand ZoneThe Volatility Index (VIX) has been in a historical downtrend the past weeks / 2 months! VIX has also been moving abnormal in relation to the S&P 500 Index which it tracks Volatility in. The Volatility Index has sunk to a major demand zone, and is now breaking back out of the area. After hitting Lows of around $19 the VIX is breaking out upwards. We are seeing a dump in the markets from major S&P Bear Market Trendline as well. Bears are stepping in at these levels in the markets, and the volatility index is rising, signaling further downward movement coming in the market. Simply put, the Volatility index is breaking out from its Major Demand Zone, and generally if history repeats will rally up to the supply zone up around the $30 level. This has been a typical swing move in the index since the beginning of 2022. Reasons VIX looks bullish : - TTM Squeeze (Daily & Weekly) - Reclaimed Daily EMA Cloud - Market Rejecting Major Trendline (S&P) - Cup & Handle on VIX (1hr / 1D) - Double Bottom - Market Greed - CPI & FOMC coming up How to play : $UVIX commons $VIX option calls etc. There are multiple reasons Volatility is rising currently, and Technicals back this thesis up strongly. I hope you liked the though!
TVC:VIXLong
by ZachSap
TSLASelfdrive PART DEUX - Area of ValueI missed this earlier, thought it important to repost this idea, inverse H&S (HAS NOT FILLED OUT YET) potentially forming... I will watch this chart closely and look for entires above neck line for sure, perhaps get a bit crazy and enter before neckline fills.. Let me know your thoughts in the comments below!! Keep in mind friday Dec 9 PPI news 830am as well as Consumer sentiment. after 4 red days in a row probabilities of a green are high. expecting green Friday but looking to see this H&S fill out after breakout of descending triangle and retest. This is a good area of value Trade safe and have fun!
NASDAQ:TSLALong
by Verum0
1
Advance Micro Devices (AMD) to reach 70 by November 22I'm going out on a limb again, only because it motivates me to stretch the limits of my analytical skills. As I was perusing my watch list last week, I noticed that AMD seems to have reached a support level of 56. I've zoomed out on the daily chart to show you the huge downtrend AMD has been following for the past 12 months. If the price continues to oscillate downwards in this slowly narrowing channel, it stands to reason that the price should rally to 70-73 by the end of November as it tests the previous support level that has now become the new potential resistance level of 73.67. It could even reach 78 if it continues to touch the top trend line. It's not obvious while zoomed out so far on the daily chart, but the intraday price moves taking place with AMD are insane. I bought AMD on October 28 pre-market, with the expectation that the price would rally, but I didn't know it was going to rocket straight up for a 1:6 risk-reward ratio. This is the advantage of pre-market trading. It's easier to board the rocket when it's on the launch pad than it is when it's lifting off. Disclaimer: I am not a financial advisor, and the above statements are not investment advice. My comments are only intended for educational purposes. You are solely responsible for your own trading decisions.
NASDAQ:AMDLong
by cdnbuzzard
IS THE RALLY FINALLY OVER?SPY We had two scenarios yesterday during our stream 1.) Preferred scenario would be for the spy to pullback down to 400-398 or trendline and hold for the rally to continue to the upside. So a pullback or consolidation around this level is healthy. Just remember its December, I always look forward to the Santa Rally if you've been in the market more than a year or two you know what that means. 2.) If SPY Pulls back and breaks this trendline and strong support, FEAR / FOMO / SQUIZZLE can happen and the bear market continues. We don't know exactly whats gonna happen in the market but we just ride the wave and make mullah along the way 🙂 Have a blessed weekend ahead and trade smarter!
AMEX:SPY
by rjhay22
Bulls Breakout .. BUY DOGEUSDEveryone know this and we are already bottom for Doge. If it decide to go further down then everything will be gone then will take months or years to recover.. don’t end up like Luna. Anyways this is a good news we are still uptrend and breakout bullish confirmation; Elon musk is doing him you know the twitter going on and still will support Shiba and doge. Also this is a 1$ rally but this won’t be easy , cuz will face unexpected resistance but will continue its bullish momentum to keep going upwards. Trade safe y’all and good luck
BINANCE:DOGEUSDLong
by JoyBoyVegae
1
Final bear market rally for 2022, SPX to 4300 by year end?Seeing some matching patterns here to put this together. Up: 1) Going higher than 200 DMA will give bulls hope 2) 50% retrace from bottom lets people think we have finished this bear market 3) Now 80% odds for 50bps 4) Roughly 60 days would be in line + 20% return 5) Favoured seasonality for a Christmas rally Then down: 6) Everyone forgot about the Strategic Petroleum Reserve (now lowest since 1984!), energy issues in Europe (Russia will mess with gas again) 7) 50bps I think is unlikely so we will see 75bps. FOMC is Dec 13-14, so I will target there 8) We're still in a bear market and volume will top out for another downward move 9) Cramer + Tom Lee will call for 5100 at the top --- Related: - Bear market investment strategies book: amzn.to - 20%+ rally would be in line with the past: www.fidelity.com - Bear market rallies: www.forbes.com - Strategic Petroleum reserves: www.eia.gov - Energy in Europe: graphics.reuters.com --- Daily returns Plan for 2020-2030
CME_MINI:ES1!Long
by illyism
WIG20, Daily, 1-Hour H&S and Weekly Bearish CandleThere was a big rally on the WSE recently - 16 green Heikin Ashi candles in a row. Now it's time for a continuation of the downtrend or, less likely, a correction in the new bullish trend. Why? There is: - an important supply-resistance level - a supply zone - 1-hour confirmation - Head and Shoulders formation - weekly confirmation - an ending bearish candle and USDPLN entered the weekly support zone. Rather, the price will fall from these price levels otherwise, there is a chance that the upper zone will be tested. The first target: the lower zone. The second target: 2020 low. See also related ideas.
GPW:WIG20Short
by MichaelFX_ICT
GOLD Weekly forecastGold now in observable motion for upward rally in cope with EUR pairs. After presidential remarks In Europe has Inverted many pairs for a good cause especially EURO pairs.This week mostly Stocks went into a rally shortly after CPI news hit following the rapid move for EURO pairs, GOLD and vice versa as dollar falls in a strong dive as planned by the feds. Technically, Gold has found strong support around 1620-1630. however, there are many barrels on the way up as it approaches major supply levels. Now we wait and see if major news and economic news could be benefitting in coping the price movements in further months or not. That includes Decisions by the new government in UK and Chaos close chats of Ukraine and Russia Conflict and as well as Economic reports of the Feds-Including NFPs, CPIs, and Inflation data.
CAPITALCOM:GOLDLong
by Lavimystic
Is it finally time for $RLY to rally? Next stop $.03, then $.05?$RLY looks like it's finally time to move. As you can see from the chart, $RLYUSD finally broke out of it's downward trendline and looks poised to move higher. Once rally breaks $.02, I see a quick move to $.03 and if we can hold above the $.03 resistance, then I see continuation to $.05 where I think the end of this move would take place. A chance at 3x upside from the current levels if it plays out. Good luck.
RLong
by benjihyam
S&P 500 RECESSION ANALYSIS!EARLIER, i had posted saying if the us markets goes further down what will be there point. (check the link section) lets go on further, recession means what earned everything lost, reached its breakeven point. what profit gained has gone away, with net having no loss and no profit. FIBONACCI ANALYSIS: Fibonacci describes this statement in a very beautiful manner. if the price is trading at the 0.5 level then it is has reached its recession point. although do note that 0.5 level is also a deciding level. okay, i will come to this later. lets talk about this idea that why is the US started recovering. interest rates had started coming down, and the indices are reacting very positively towards it. i have explained to Fibonacci that now the recession has been completed according to this indicator. MOVING AVERAGES(50 AND 100): both the moving averages(50 and 100), are meeting at one point, and they will now repel and move upwards. RSI: yet it needs to give a breakout, but is definitely showing divergence(the two purple lines), relating to price action TREND LINES: THE BLUE TREND LINE: yet needs to be breached, and yes this is the move that will make the break of it. many of the great tech stocks have massively come down, and now they are showing divergence and a good upside move is gonna come. FINAL WORDS: US markets will have a boom in their upside movement, as many of them kept on selling their positions, and such the interest rates have started coming down and will become normal within 1-2 years, so from now onwards the next year will be a great run for the US markets. i will come to my point which i earlier which i had left in the middle, in my previous s&p analysis(link below), i had mentioned if s&p goes further down then recession stage, then at what point will it go down, and what will be the levels furtheron. but since interest rates have started coming down, and mostly all the other economical news has been factored, i say that now there is a great space that us markets can have there bull run, and they will have, because its so clear that markets are tend to go upside, and they are the ones who react at first. thank you.
SP:SPXLong
by raghavchoudhary2016
$RLY taking a long here at the lows for chance at large upside$RLY went a lot lower than most people thought was possible (including myself). I've been waiting patiently and watching for some indications that this could be bottoming and it looks like we finally just got some signals. The big signal that stands out to me is the 2D buy volume being the highest on the chart right at the bottom. That gave me the confidence to take an entry here at $.021. If this starts moving higher, I think we could see a pretty strong bear market rally to retest resistance at $.30 and potentially even $.45 (the 50% retracement from the highs). The R/R is really good here 1300-2000% upside w/ minimal risk. Taking a small position w/ a shot at big returns.
RLong
by benjihyam
1
🚨🚨🚀$LUNC #LunaClassic Just Might Actually Make Its Comeback!KUCOIN:LUNCUSDT $LUNC has obviously been highly speculated on, by "gamblers" and "degens" in the crypto space. I, myself, have even DCA'd very small amounts into it over the past month. While this is, of course, is very possibly a short lived pump, $LUNC has actually made its higher high, above the previous swing-high. RSI's are also showing a strong rise in demand, which may be overheated. But with the higher high in place I do believe it is now safe to speculate (As long as the momentum isn't quickly lost, with a break of the current support-trend) that there may be some real relief in store for $LUNC holders, and ( possibly ) major profits for anyone who has been buying recently. IMO, if $LUNC can hold these price levels and momentum, then push above the second strong-resistance level (Around $0.00014) and hold that area as support, there could be a very strong rally coming here. ##*This is all my opinion, based on chart data. This is NOT financial advice.*
Long
by DoozerInvest
Dark Cloud Cover? Hello 3700. We've been hanging out in this area for about a month now it feels like. And based on what I said yesterday, looks like the market needs more time to decide which way to go. So let's think about some things. We are technically still in a bear market and this also has the feel of a bear rally. Why? The day the CPI report came out, we gapped lower and it looked like things were going to fall apart. But obviously we didn't. We got a huge bullish reversal candle. There were just no more sellers and it seemed they were all exhausted from the last few weeks of selling. So of course the buyers are gonna step in. But what happened the next day, did not convince me. The candle on the 14th was a "Dark Cloud Cover". We gapped up and had to come down to at least half way or more of the previous day candle. Which is also a signal to the down side. but we've continued higher. I've also noticed that the volume since the 13th has come down more each day. Another sign of a bear rally. 3800 is not out of the question because it can still make it's way up there and be a bear rally. So here we are flirting with the 20 day, waiting for the signal to advance for the next move. In all honesty, I don't think the 20 day wants nothing to do with us and we head lower. Next week we should have some action in the markets from all the big tech earnings. I jumped on a couple banks earnings calls last week and many are not painting a pretty economical outlook. IF, we get some reaction from earnings next week and the VIX makes it's way to 40-50 following all the earnings, we can get to 3400, 3200 worse case 2900? I'd say somewhere around the mid term elections we will reverse and head higher. Get our Santa Clause rally in December and end somewhere around 3600 for the end of the year. And who knows, we can move higher from here. Doesn't matter. Be patient. Trade the market in front of you, risk manage and position size accordingly. Happy trading!
SP:SPXShort
by MMOTA_
4
S&P - Where to nextPossible price action from the recent rally can end within the pitchfork due to the 50sma resistance level (green line in the middle) If that breaks and holds S&P could make a possible move to the up side to test the 200ema bringing it up to the 3865 price mark where it will need the bulls to bring everything they have to the party to breakout of the downward trend and keep the rally going. If the S&P500 can't hold at the 200ema it may be quick reversal to the downside and most likely to retest the recent low
CAPITALCOM:US500
by P_Dot
NIVIDIA - Long Trade Setup - Near Key Support, Watch For BounceHello Traders, here is a long trade idea for NIVIDIA. The market is oversold and overdue for a bounce. Yes, there is the potential that price heads lower but with the DXY approaching resistance there is a strong probability that we will see a bounce in the market this week. NIVIDIA is approaching a key support level at $119, this is an excellent entry for a long trade. Take profit #1 is at $130 TP #2: $143 For a stop loss: Personally I typically average down in trades like this so please use whatever risk management strategies that you typically use that suits you. After we bounce there will likely be a rather large sell off so make sure that you don't get trapped in the trade. Thanks everyone and best of luck trading!
NASDAQ:NVDALong
by natef1
8