NASDAQ 100, Daily Chart Analysis 9/26Implications and Outlook
Cash made up for the futures trading lack of strength, however, has been refreshing to check out the NASDAQ market creating headway once again.
The Index has been the superstar performer for last two days; however, that looks to be rebalancing act at this point. Our Mean Resistance 7562 has been met with vengeance. The next intermediate target is Key Resistance 7660 and completed Index Rally target fulfilled on August 29.
Stockindex
FTSE UK Stock Index (18 Sept 2018) This will be my views of FTSE UK Stock Index (18 Sept 2018)
Please make sure to read the "update" comment as there will be changes along the way.
Cheers.
S0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
FTSE UK Stock Index (Aug 2018)This will be my views of FTSE UK Stock Index (Aug 2018)
Please make sure to read the "update" comment as there will be changes along the way.
Cheers.
S0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
NIKKEI 225 Index, Daily Chart Analysis 5/12Implications and Outlook
1. Further short-term bullish momentum likely to hit Nikkei Index Rally 22971 level, while Key Resistance lays way above at 23468.
2. The break of the Rally will undoubtedly bring serious of the short-term bearish implications, having downside target to Mean Support of 22412.
3. Current bullish/bearish bias is 80/20
4. The Nikkei Index has witnessed a remarkable run, leaping 10% in the last 30 days however only taking the stock index to flat Year To Date. The Yen currency continues to be the key indicator for a great deal of the Index recent recovery, which in fact had drawn much attention when it flirted with a 110 handle.
SPX (S&P 500) Index, Daily Chart Analysis 5/12Implications and Outlook
1. Further short-term bullish momentum likely to hit Index Rally 2746 level, while Mean Resistance lays at 2752.
2. The break of the Rally will undoubtedly bring serious of the short-term bearish implications, having downside target to Mean Support of 2672.
3. Current bullish/bearish bias is 80/20
4. Chat is that you will find there's a vast amount of cash going in the US Money Market funds just last week alone escalating by $5.5 Billion, making the total assets to $2.8 Trillion. Could easily get exciting whenever that starts to move.
Dow Jones Industrial Index, Daily Chart Analysis 5/12Implications and Outlook
1. Further short-term bullish momentum likely to hit Index Rally 24895 and perhaps all the way up to next 25475 level, while Mean Resistance lays at 25326.
2. The break of one of the Rallies will undoubtedly bring serious of the short-term bearish implications, having downside targets to Key Support of 24200.
3. Current bullish/bearish bias is 80/20
4. Chat is that you will find there's a vast amount of cash going in the US Money Market funds just last week alone escalating by $5.5 Billion, making the total assets to $2.8 Trillion. Could easily get exciting whenever that starts to move.
DAX Index, Daily Chart Analysis 5/12Implications and Outlook
1. Further short-term bullish momentum likely to hit Index Rally 13075 and perhaps all the way up to next 13405 level.
2. The break of one of the Rallies will undoubtedly bring serious of the short-term bearish implications, having downside targets to Mean Support 12690 and Key Support of 12422.
3. Current bullish/bearish bias is 80/20
4. Chat is that you will find there's a vast amount of cash going in the US Money Market funds just last week alone escalating by $5.5 Billion, making the total assets to $2.8 Trillion. Could easily get exciting whenever that starts to move.
A Long Way Down for the Dow, Maybe. The market has yet to recover from the February 5th "Flash Crash" and the Dow is threatening to record its worst March performance in 17 years. With the Feds impending rate hikes now officially on the table, the market is flirting with the idea of a more meaningful correction. Of course, a declining market could mean a strengthening Dollar, so I'll be looking to play the USD against the currency basket.
$GE worth a lookStock sits at a key support/resistance area that was relevant for 3 years following the Great Recession.
I'm looking for price to show me some kind of reversal pattern (Double/triple bottom, H&S, etc.) on the lower TF (D/4H/1H) and a break of structure to take a swing to the upside.
If support breaks, I'd expect for the stock to extend losses before find buying pressure at the demand zone around $6-$8.
S&P 500 Futures Short daytrade!Morning Traders.
Let it be known I would NEVER consider shorting the S&P Index unless I had lower lowes.
On the daily I've got lower lows and lower highs. This market should be ready to give us 60 ticks. Which on a single futures contract is $12.50 a tick.
Entry 2240.00 Notice how the gap to the downside will be filled right when we take entry.
Stop loss (SET IN STONE) at 2255.
Target at 2220
Very risky and I dont like the thought of shorting the S&P AT ALL. But the setup is right.
No emotion. Just lower lows.
Cheers!
finally breack from it's rangethanks to quit bad data coming from the us , spx has finally breack from it's range to give us quit a perfect short . So whatto do now ? looking for some profit taking in the market to give us the opportunity to reenter short on the market . Because now that pa has closed below the ma on the daily we will be lloking for it to to sustain a pull back to confirm a shift of trend to be able to enter for longer term target , wich imo the fundamental back up very much ! So my game plan for the week is to look at pa to give us reason to enter on the 1 and 2 highlight level on the chart !
SPX500 Weekly AnalysisTalking about a snoozefest!
Momentum has consistently dropped since July 2014. ADX, D+ and D- are all well below 20 which suggests ranging. D+ and D- have also both dropped off more just recently. Not exactly great trading conditions.
ADX needs to cross 20 and either D+ or D- needs to pick up steam for a clear trend to form again.
A break of 2040 could net some nice pips as price tries to reach 2000 and then 1967. Right now I'm NEUTRAL because of a total lack of momentum.
SP500 Monthly AnalysisThe SP500 has a remarkable run since 2009, not least due to all that quantitative easing.
Calls for an end to QE and consequently rising interest rates have been growing ever since the latter part of 2014. Since Jan 2015, the SP500 has been ranging in a fairly narrow range and to be honest, it's getting a bit boring.
D+ has just this month crossed below 20 and ADX is pretty much flat, albeit at a nice high level above 40. A cross below 40 would kind of suck while both D+ and D- are below 20, because it suggests more ranging. I'm hoping (should never do that, I know) for a break of either 2125 or 1967 because that would mean the SP500 might start trending again.
If 1967 breaks, I'll target 1735 as the next strong support level. To the upside...who knows, just buy if it continues going up through 2125 and use your preferred trailing stop. Don't question why it's going up either, that cost a lot of people a lot of money and missed opportunities since 2009. Just buy because don't question fundamental logic, that's why! ;)