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Sma200

FTSE 100 Big triangle from 2023 breakout and retestOn the Daily chart for FTSE 100, we can observe a massive triangle that was forming in 2023. It started in Februaty and produced a breakout in December. For the past few days the price has been correctign and now it's retesting the resistance of the triangle, now acting as a support. This support is aligning with the 0.382 Fib and the 200 SMA The development on it is very important. If the price provides a reversing indication in the following hours, this can be a nice entry for a trade that can target the previous swing high at around 7750 - 7770 and bossibly higher
CAPITALCOM:UK100
by RTED_Investing
ETH Reach important resistanceHello friends. after 1 week Rally , Etherum Reach its important resistance level , Near 1700. i see a reaction to Trendline , pink line i drawn on the chart. also MA200 is here too... so i think ETH will fall to at least 1450 , where there are 1450 support level and 50% fibonacci retracement level. if the situation is permanent , Price will bounce from this level approch 1700 again. hope have good investments and trades. dont forget to have a Stoploss and control your risks. GOOD LUCK.
Short
by TraderAmin-KZ
5
SPY play with 90% PoP!Hello, guys hope all is well. Today we will be looking at $SPY and how I will play the market this week. Based on the expected move for this week of $6.79 we are possibly looking at a range between $410.01 - $423.59. On Monday I opened the Put side ($400 / $398 and collected $9 per contact) of my Iron Condor and leg into my Call side roughly Thursday afternoon or right before close. Last week we saw a slight dip in the markets from Monday's open of $424.43 to Friday's close of $414.92. This 2.24% drop has made the $VIX pop to the $20 levels from the mid to high teens. With this pop, we will be able to take advantage in one of two ways. 1) We can keep our stricks the same as we did last week because we still believe that there is a lot of supply at this price and we want to collect more premium. 2)We will be able to get lower on the put side/higher on the call side while still collecting the same amount of premium as we did last week. I will be going with the second option because although there may be supply at these levels I still want to sell the .10 - .05 deltas with a $2 widespread. I'll be looking to collect between $8-$10 per contract on the put side give me roughly a 4% gain while also looking for the same percent gain on the Call side later on in the week. Since no additional collateral is needed to add the Call side, we are looking at a minimal gain of 8% if we stay in our expected range.
AMEX:SPY
by zzMOTTS
LONG Breakout ADOBE After Q1 after consolidationWhen discarding covid19 effect, only once since September 2012 has SMA200 been above SMA50. Right now there is a balancing act going on. Yet over this week the price has broken out from the previous 3 tops and had strong support in 420-430 after Q1 postings. Since then there has been a strong RSI14 development and is showing a strong yet not "overbought" tendency. I have entered long in 515.23 today, as the spike in price over the last 3 days will ensure that SMA50 will stay above SMA200.
NASDAQ:ADBELong
by PersonalFinanceDude
Avnet uptrend retreat - Hammer @50smaAVT has been in a consolidation pattern since July 10th, with a bull technicals behind. Last candle today is a hammer. Showing buyer strength when price fell to $43.6. Technical data Price just below SMA(50) Price just above SMA(200) RSI @56 trending higher OBV confirming trending higher Directional move index turned positive If we can continue above the SMA(50); that would confirm the trend. ** I recommend not buying until we see Monday sentiment after Trump's meeting with Xi. Happy trading! dorfmanmaster
NASDAQ:AVTLong
by dorfmanmaster