LanzaTech (LNZA). Extremely oversold! Rally incoming?NASDAQ: LanzaTech (LNZA) , based in Illinois, USA, has recently has seen a price low of $0.1401 . This waste management company in recent times, has been featured as a top pick for buys by various news outlets. Although in an extremely bearish slump, I have a bullish prediction.
In the technicals on the 1 Day Chart , the RSI appears to be indicating oversold , with a slight potential of more of a dip to come. The Stochastic seems to also be indicating oversold market conditions. A long time frame bullish RSI divergence also appears to be forming starting at the middle of Feb 2023.
LanzaTech recently declined a "lowball" offer for $0.02 a share, which could signal insider bullish sentiment. LanzaTech FY25 Q1 earnings are forecasted to be significantly higher than FY24 Q4 at this time (RH). Their website, marketing and twitter appear to show no real signs of slowing business operations in my opinion.
Analysis also appears shows that there is very little open interest on put options at this time. Conversely there seems to be a large number of call options from $1-$7 expiring in the near future signaling institutions and high profile traders may be entering the market quietly.
Given the above signals and analysis I personally am setting a speculative stretch price target of $7 with various other orders taking profit along the way at key strike price cluster levels. With LanzaTech at a discounted price, a buy now could yield significant results.
Anything can happen in the markets. What do you think? Will LanzaTech recover? Or will value become completely wiped out?
Disclaimer: Not Financial Advice
Stocks!
IBM Share Price Falls Following Earnings ReportIBM Share Price Falls Following Earnings Report
Yesterday, after the close of the main trading session, International Business Machines (IBM) released its Q1 earnings report, exceeding Wall Street analysts’ expectations in several key areas. According to FactSet:
→ Earnings per share came in at $1.60 (forecast = $1.42), although this was below last year’s figure of $1.68.
→ Quarterly revenue reached $14.54 billion (forecast = $14.39 billion), marking a 1% increase year-on-year.
Initially, IBM shares rose on the news, but then dropped by approximately 6% during after-hours trading, according to Google Finance.
This suggests that today’s trading session may see IBM shares open below the $230 mark.
Market participants may have been disappointed by the following:
→ IBM’s mainframe business (large-scale computing systems designed for high-volume data processing) continued its decline, falling by 6% year-on-year.
→ Revenue from software and consulting divisions increased, but only by 3% compared to the same period last year.
→ The revenue forecast for Q2 stands at $6.6 billion – a 3% decline relative to the same quarter in 2024.
Technical Analysis of IBM Share Price
The chart shows signs of seller activity above the psychological level of $250. As indicated by the arrows, the price attempted several rallies above this level with varying momentum, but each time retreated back.
At the same time, price fluctuations formed a downward channel, which was extended to the downside in early April amid news regarding new tariffs in international trade.
Price stabilisation observed between 15–17 April suggests that supply and demand were temporarily balanced ahead of the earnings release. However, the negative market reaction to the report may shift sentiment and act as a catalyst for further price movement towards the lower boundary of the channel, around the key support level of $215.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
BTC - Is there anything that can stop this bullrun?The current 4H structure presents a high-probability scenario centered around a classic liquidity sweep into premium levels, followed by potential downside rebalancing into inefficiencies. This is a clear case of price reaching for external liquidity before internal structure takes over.
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1. Liquidity Run Above BSLs
Price has aggressively pushed upward, sweeping multiple Buy Side Liquidity (BSL) levels. These levels mark resting stop orders and breakout entries positioned by retail above recent swing highs.
- The impulsive move to the upside isn't a sign of strength—it's a strategic run for liquidity.
- These liquidity pools provide exit opportunities for large players offloading long positions initiated earlier in the structure.
- The sweep aligns with typical behavior just before price reacts to higher timeframe supply or premium Fibonacci zones.
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2. Golden Pocket Confluence Zone (Downtrend Bias)
The orange highlighted zone represents the Golden Pocket —the 61.8%-to-65% retracement zone often associated with downtrend continuation or reversal setups.
- This level acts as a magnet in trending conditions, often leading to strong rejections.
- As price enters this pocket, the probability of a reaction increases, especially following a liquidity grab.
- The structure suggests this move is designed not for continuation, but for setting up a reversal.
The projected swing failure pattern at this level implies a shift from bullish euphoria to short-term distribution.
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3. Internal Structure: Fair Value Gaps as Rebalance Zones
Two Fair Value Gaps (FVGs) are marked as zones of inefficiency, where price moved too aggressively to maintain balance between buyers and sellers.
- FVGs represent internal liquidity voids and serve as high-probability magnets for retracement.
- The first FVG lies just below the current price, suggesting a short-term retracement target.
- The second, deeper FVG offers a more substantial downside target and is aligned with typical rebalancing behavior after aggressive markups.
As price begins to break structure to the downside, these gaps become the logical destinations.
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4. Probable Flow: Liquidity Sweep → Rejection → Internal FVG Fill
The anticipated flow is strategic and sequential:
- Step 1: Sweep of BSL and deviation into the Golden Pocket
- Step 2: Quick rejection, potentially forming a lower high
- Step 3: Downside expansion targeting both FVGs for liquidity rebalancing
This is not about chasing price—it’s about understanding the intent behind the move : create imbalance, sweep liquidity, then deliver price into inefficiency.
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Conclusion:
This 4H chart outlines a mechanically driven move:
- External liquidity (BSL) tapped
- Premium level tested (Golden Pocket)
- Internal inefficiencies below acting as draw
The structure points to a transitional phase from premium to discount, with the FVGs below acting as clear objectives. Until those inefficiencies are fully addressed, the upside narrative remains reactive, not impulsive.
What Is the Advance-Decline (A/D) Line, and How Can You Use ItWhat Is the Advance-Decline (A/D) Line, and How Can You Use It in Trading?
The Advance-Decline (A/D) Line is a widely used market breadth indicator that provides insights into the strength of trends by tracking advancing and declining stocks. Popular among traders analysing indices like the NASDAQ, it helps identify broad participation or hidden divergences. This article explores how this indicator works and its role in effective market analysis.
What Is the Advance-Decline Line?
The Advance-Decline (A/D) line, also known as the Advance-Decline Index, is a popular market breadth indicator used to gauge the overall health of a market's movement. Instead of focusing solely on price changes in an index, it analyses how many stocks are participating in the market's rise or fall. This makes it particularly useful for traders looking to understand whether a trend is supported by widespread participation or driven by just a handful of stocks.
The indicator can be set up based on stocks on different exchanges. For example, a NYSE Advance-Decline line provides insights into NYSE-listed stocks. However, it can be applied to any index or exchange, resulting in the Nasdaq Advance-Decline line or a line based on stocks listed in the UK, Australia, Europe, or Japan.
At its core, the A/D line is a cumulative measure of the net advances of stocks on a given day. The calculation is as follows:
1. Count the number of advancing stocks (those that closed higher than their previous close).
2. Count the number of declining stocks (those that closed lower than their previous close).
3. Subtract the number of declining stocks from the advancing stocks to get the net advance.
4. Add this net advance to the previous day’s A/D line value.
Formally, the Advance-Decline line formula is:
Net Advances = Advancing Stocks − Declining Stocks
Current A/D Line Value = Previous A/D Line Value + Net Advances
For example, if 500 stocks advanced and 300 declined on a given day, the net advance would be +200. If yesterday’s A/D Line value was 10,000, today’s value would be 10,200. Over time, these daily values form a line that tracks the cumulative net advances.
The indicator provides insights into sentiment. A rising line indicates more advancing stocks than declining ones, while a falling line suggests the opposite. Traders often use this data to determine whether a price trend in an index reflects broad strength or is being carried by a few heavyweights.
Understanding Market Breadth
Market breadth measures the extent to which individual assets are contributing to a market's overall movement, providing a clearer picture of the strength or weakness behind trends. Rather than relying solely on an index's price performance, breadth gives traders insights into how widespread participation is within a rally or decline. This information is crucial for understanding whether market moves are broad-based or concentrated in a few influential assets.
A market with a strong breadth typically sees most stocks or assets moving in the same direction as the overall trend. For example, during a rally, broad participation—where a large percentage of assets are advancing—signals a robust and healthy trend. Conversely, weak breadth occurs when only a small group of assets drives the movement, potentially indicating fragility in the trend. This is especially important in large indices where a few heavily weighted assets can mask underlying weaknesses.
How Traders Use the A/D Line
The A/D Line is more than just a market breadth indicator—it’s a practical tool traders use to gain insight into the strength and sustainability of trends. By analysing how the indicator behaves in relation to price movements, traders can uncover potential hidden opportunities and spot potential risks. Let’s consider how the Advance-Decline line behaves on a price chart.
Identifying Trend Strength
One of the A/D Line’s key uses is evaluating the strength of a market move by examining overall participation. When both the A/D Line and an index rise together, it suggests widespread buying activity, with most stocks contributing to the rally. Similarly, if both the index and the A/D Line decline, it often reflects broad-based selling, indicating that weakness is widespread across the market rather than concentrated in a few assets.
Spotting Divergences
Divergences between the A/D line and price are closely watched by traders. For instance, if an index continues to rise but the A/D line starts declining, it could signal that the trend is losing momentum. Conversely, when it begins rising ahead of a price recovery, it may suggest underlying strength before it becomes apparent in price action.
Complementing Other Indicators
Traders often pair the A/D line with other tools to refine their analysis. For example, combining it with moving averages or oscillators like RSI can help confirm signals or highlight discrepancies. A rising A/D line alongside RSI rising above 50 might reinforce the possibility of a price rise.
Strengths of the A/D Line
The A/D line is a widely respected tool for understanding market dynamics, offering insights that price-based analysis alone can’t provide. Its ability to measure participation across a broad range makes it especially valuable for traders looking to assess sentiment and trend reliability. Let’s explore some of its key strengths.
Broad Market Perspective
The A/D line captures the performance of all advancing and declining stocks within an index, offering a comprehensive view of how much support a trend has. Instead of focusing solely on a handful of large caps that often dominate indices, the indicator reveals whether the majority are moving in the same direction. This helps traders gauge the true strength of a rally or decline.
Early Warnings of Weakness or Strength
Divergences between the A/D line and the price can act as an early signal of potential changes in momentum. When the A/D Line deviates from the overall trend, it can highlight areas where market participation is inconsistent. This allows traders to assess whether a trend is gaining or losing support across a broad range of assets, offering clues about potential shifts before they fully materialise in price action.
Applicability Across Markets
Another strength is its versatility. The A/D line can be applied to indices, sectors, or even individual markets, making it useful across various trading strategies. Whether monitoring a broad index like the S&P 500 or a specific sector, the indicator can be adapted to provide valuable insights.
Limitations of the A/D Line
While the A/D line is a useful tool for analysing breadth, it isn’t without its limitations. Traders need to understand its drawbacks to use it effectively and avoid potential misinterpretations. Here are some of the key challenges to consider.
Ignores Stock Weighting
One major limitation is that the A/D index gives equal weight to every stock, regardless of size or market capitalisation. In indices like the S&P 500, where a small number of large-cap stocks often drive performance, this can create a disconnect. For example, a large-cap stock’s strong performance might lift an index while the indicator shows weakness due to low-caps underperforming.
Vulnerability to Noise
The index can produce misleading signals in certain conditions, such as during periods of low trading volume or heightened volatility. Market anomalies, such as large fluctuations in a small number of stocks, can skew the indicator and make it less reliable. This can be especially problematic in thinly traded assets or at times of high speculation.
Not a Standalone Indicator
The A/D line is combined with other tools. On its own, it doesn’t account for factors like momentum, valuation, or sentiment, which can provide critical context. Traders relying solely on it may miss out on key details or overemphasise its signals.
Comparing the A/D Line with Other Market Breadth Indicators
The A/D Line is a powerful tool, but it’s not the only market breadth indicator traders use. By understanding how it compares to other indicators, traders can select the one that suits their analysis needs or combine them for a more comprehensive view.
A/D Line vs Advance-Decline Ratio
The A/D Ratio measures the proportion of advancing to declining stocks. While the A/D line provides a cumulative value over time, the ratio offers a snapshot of market breadth for a single trading day. The A/D Ratio is often better for identifying short-term overbought or oversold conditions, whereas the A/D line excels at tracking long-term trends.
A/D Line vs McClellan Oscillator
The McClellan Oscillator uses the same advancing and declining stock data but applies exponential moving averages to calculate its value. This approach makes the McClellan Oscillator more sensitive to recent market changes, allowing it to highlight turning points more quickly than the A/D line. However, the A/D line’s simplicity and cumulative nature make it more straightforward to interpret for broader trend analysis.
A/D Line vs Percentage of Stocks Above Moving Averages
This indicator tracks the percentage of stocks trading above specific moving averages, such as the 50-day or 200-day. While the A/D line focuses on daily advances and declines, the moving average approach highlights whether stocks are maintaining longer-term momentum. The A/D line provides a broader perspective on participation, whereas this indicator zeros in on sustained trends.
The Bottom Line
The Advance-Decline line is a valuable tool for traders seeking deeper insights into market trends. By analysing market breadth, it helps identify potential opportunities and risks beyond price movements alone.
FAQ
What Is the Meaning of Advance-Decline?
Advance-decline refers to the difference between the number of advancing stocks (those that closed higher) and declining stocks (those that closed lower) on a specific trading day. It’s commonly used in market breadth indicators like the NYSE Advance-Decline line to measure the overall strength or weakness of the market.
How to Find Advance-Decline Ratio?
The Advance-Decline ratio compares advancing stocks to declining stocks in an index. It is calculated by dividing the number of advancing stocks by the number of declining stocks.
How to Use an Advance-Decline Line Indicator?
The A/D line indicator tracks the cumulative difference between advancing and declining stocks. Traders analyse its movement alongside price trends to assess market participation. For example, divergence between the A/D line and an index price direction can signal potential changes in momentum.
What Is the Advance-Decline Indicator Strategy?
Traders use the Advance-Decline indicator to analyse market breadth, identify divergences, and confirm trends. For example, a rising A/D line with an index suggests broad participation, while divergence may signal weakening trends.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NETFLIX The 3rd Major Bull Wave has begun.Netflix (NFLX) is about to complete its 3rd straight green 1W candle since the April 07 2025 Low. That was not just any Low but a technical Higher Low at the bottom of the 3-year Channel Up.
At the same time, it almost touched the 1W MA50 (blue trend-line), which was lasted tested (and held) on October 16 2023. The bottom was also formed on a 1D RSI Bullish Divergence similar to the April 2022 major market bottom.
Those two Lows macro bottoms initiated similar rallies of +196% and +210% respectively. As a result, we expect Netflix to reach at least $2200 around this time next year.
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Boeing (BA, 1W) Falling Wedge + H-Projection TargetOn the weekly chart, Boeing has formed a classic falling wedge — a bullish reversal pattern that typically signals the end of a correction phase. After a sharp decline from $267.97 to $138, price action began to compress within a wedge, forming lower highs and higher lows on declining volume — a textbook setup for a breakout.
The structure remains active: a confirmed breakout above the upper wedge boundary, with a retest near $181.60 (0.618 Fibonacci retracement), would validate the pattern and trigger the next upward phase.
The projected move (H) equals the height of the previous impulse — $130.02. Adding this to the base of the wedge (~$138) yields a technical target of $268.00, aligning with the previous high and completing the structural recovery.
Technical summary:
– Multiple confirmations of wedge support
– Volume declining into the apex (bullish)
– Entry zone: breakout + retest at $181.60
– Mid-level resistance: $198.09 (0.5 Fibo)
– Final target: $267.97–$268.00 (H-projection complete)
Fundamentals:
Despite operational setbacks, Boeing remains structurally positioned for recovery as demand for commercial aircraft rebounds. Additional support could come from improving supply chains, increased defense contracts, and a more dovish outlook from the Federal Reserve heading into 2025.
A breakout above $181.60 and sustained momentum would confirm the falling wedge pattern and activate the H-measured move toward $268. This is a structurally and fundamentally supported mid-term recovery setup
Nightly $SPY / $SPX Scenarios for April 24, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for April 24, 2025 🔮
🌍 Market-Moving News 🌍
🇪🇺 European Banks Brace for Tariff Impact: European banks are facing a challenging outlook as U.S. tariff hikes raise recession fears. Analysts anticipate slower revenue growth and increased loan loss provisions, with institutions like BNP Paribas expected to report earnings reflecting these pressures.
✈️ Airline Industry Faces Booking Declines: European airlines report a 3% drop in planned summer trips, with leisure travel down 8% compared to 2024. Economic concerns and rising travel costs, particularly among Gen Z travelers, are contributing factors. Airlines like Ryanair and Air France-KLM are considering fare adjustments to maintain demand.
👗 Kering's Revenue Drops Amid Gucci Struggles: Luxury group Kering reported a 14% decline in Q1 revenue, with flagship brand Gucci experiencing a 25% drop. The company attributes the downturn to ongoing brand challenges and macroeconomic factors affecting consumer spending in key markets.
📊 Key Data Releases 📊
📅 Thursday, April 24:
📦 Durable Goods Orders (8:30 AM ET):
Forecast: +2.1%
Previous: +0.9%
Measures new orders for manufactured durable goods, indicating manufacturing sector health.
📈 Initial Jobless Claims (8:30 AM ET):
Forecast: 222,000
Previous: 215,000
Reflects the number of individuals filing for unemployment benefits for the first time, signaling labor market trends.
🏠 Existing Home Sales (10:00 AM ET):
Forecast: 4.14 million
Previous: 4.26 million
Indicates the annualized number of existing residential buildings sold, providing insight into housing market conditions.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
Hallador Energy Company (HNRG) – Vertically Integrated PowerhousCompany Snapshot:
Hallador Energy NASDAQ:HNRG is redefining resilience in the energy sector with its fully integrated model, controlling both fuel supply and power generation. In today’s volatile energy landscape, this structure provides exceptional cost control and long-term strategic advantages.
Key Catalysts:
Vertically Integrated Model = Margin Power 💰
Manages ~90% of variable costs
Insulated from commodity price swings
Scales profitably as energy prices rise
Exclusive Grid Access ⚙️
Owns generator interconnection assets
Guarantees locked-in grid access—a rare competitive advantage
Strong positioning in a tight, regulated market
Revenue Visibility 💼
~$1.6B forward-contracted sales backlog
Ensures predictable cash flow and capital flexibility
Enables debt paydown, reinvestment, or shareholder returns
Tailwinds from Energy Demand 📈
U.S. power demand rising from AI/data centers, electrification
HNRG is well-positioned to benefit from stable base-load energy needs
Investment Outlook:
✅ Bullish Above: $12.00–$12.25
🚀 Target Range: $22.00–$23.00
🔑 Thesis: Structural cost control + grid access moat + revenue certainty = powerful upside potential
📢 HNRG: A rare energy stock with stability, growth, and moat strength.
#EnergyStocks #GridInfrastructure #PowerGeneration #HNRG #CashFlowStrong #ValuePlay
Alphabet (GOOGL) Shares Hover Near Psychological LevelAlphabet (GOOGL) Shares Hover Near Psychological Level Ahead of Earnings Report
On 31 March, we noted that bearish sentiment could push Alphabet’s (GOOGL) share price towards the psychological level of $150. As the current price chart suggests, GOOGL is now trading close to that very level.
Moreover, the price is approximately equidistant from the recent highs and lows (marked A and B), which may be interpreted as a sign of balanced supply and demand — and a wait-and-see stance from market participants ahead of Alphabet’s Q1 earnings release (scheduled for tomorrow, 24 April).
Awaiting the GOOGL Earnings Report
With the Nasdaq 100 index (US Tech 100 mini on FXOpen) having fallen by around 13.5% since the beginning of the year, investors are approaching tech earnings with caution. According to Barron’s, three key themes are expected to dominate the narrative:
→ management forecasts amid continued uncertainty around the White House’s tariff policy;
→ plans for major capital investment in AI-related infrastructure;
→ signs of softening consumer demand.
Given the current climate of uncertainty, Alphabet’s earnings report could prove particularly influential — serving as a benchmark for shaping market expectations ahead of other major tech company reports.
Technical Analysis of Alphabet (GOOGL)
The $150 level has served as key support throughout 2024, and over the coming days it may act as a springboard for a new price movement, potentially driven by the earnings results.
From a bearish perspective, the market remains in a downward trend (indicated in red) following a breakout below the lower boundary of a previously active rising channel (marked in purple) that had held since last autumn. However, if Alphabet’s management maintains an upbeat outlook for 2025, this could give the bulls the confidence to challenge the upper limit of the red channel.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
EUR/USD - Next leg up incoming?Since February, the EUR/USD currency pair has been in a strong and sustained uptrend, signaling a significant shift in market sentiment. What began as a recovery from the 1.02 level has quickly turned into a strong bullish movement, with the pair already reaching as high as 1.15 in just a matter of two months. This impressive rally marks a clear change in momentum, with price action showing classic bullish characteristics.
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What will we discuss
- Overall trend structure
- 4H Fair Value Gap
- Golden pocket fibonacci
- What to expect next?
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Overall trend structure
Over the past two months, the price action has maintained a clean and well-defined bullish structure. The consistent formation of higher highs and higher lows is a textbook sign of a strong uptrend. Each retracement has been shallow, with buyers stepping in above previous lows, and each rally has broken through key resistance zones, further confirming the prevailing bullish bias.
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4H Fair Value Gap (FVG)
During the latest move up to 1.15, EUR/USD formed a 4H FVG, just before a short-term rejection at the top. This unfilled imbalance now coincides with a key support area. Given this confluence, it’s highly likely that price could revisit this zone to partially or fully fill the gap. This would allow the market to rebalance, and potentially offer a strong foundation for another bullish leg.
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Golden pocket Fibonacci
Adding to the significance of this zone is the golden pocket Fibonacci retracement (0.618–0.65) from the latest upward swing, which lies between 1.14198–1.14274. This area happens to align perfectly with the midpoint of the 4H FVG, providing additional confluence and making it a major technical level to watch.
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What to expect next?
With both the 4H FVG and the golden pocket overlapping, the zone around 1.14198–1.14274 becomes a high-probability support area. Historically, the golden pocket is known to attract strong buying interest, and when coupled with the FVG, it strengthens the case for a bullish reaction. If price dips into this zone and finds support, it could mark the beginning of the next impulsive move higher, in line with the broader uptrend.
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What Is a PD Array in ICT, and How Can You Use It in Trading?What Is a PD Array in ICT, and How Can You Use It in Trading?
The PD array, or Premium and Discount array, is a key concept within the Inner Circle Trader methodology, designed to help traders map market movements and identify high-probability zones. By breaking down price behaviour into premium and discount levels, along with tools like order blocks and fair value gaps, the PD array provides a structured framework for analysis. This article explores its components, applications, and how traders can integrate it into their strategies.
What Is a PD Array?
An ICT PD array, short for Premium and Discount array, is a concept developed by Michael J. Huddleston, the mind behind the Inner Circle Trader (ICT) methodology. At its core, the PD array is a framework used to organise price levels and zones on a chart where significant institutional activity is likely to occur. These zones highlight areas of interest such as potential support or resistance, points where liquidity resides, or regions that might attract price movement.
The PD array divides the market into two primary zones: premium and discount. These zones help traders gauge whether the price is above or below its equilibrium, often calculated using the 50% level of a significant price range. In practical terms, prices in the premium zone are typically considered attractive in a downtrend and unattractive in an uptrend, while prices in the discount zone are more attractive in an uptrend and less attractive in a downtrend.
Beyond premium and discount zones, PD arrays include specific elements like order blocks, which are regions linked to institutional buying or selling, and fair value gaps (FVGs), which are imbalances or gaps in price that the market often seeks to revisit. Together, these elements create a structured roadmap for traders to interpret price behaviour.
Unlike a static indicator, an ICT PD array is dynamic and requires traders to interpret price movements in real time, considering the broader market context. It’s not a quick fix but a methodical approach to understanding how price delivers across different levels, offering a clearer view of where high-probability reactions could occur. The PD array is often combined with other ICT concepts, like market structure shifts or SMT divergence, to sharpen analysis and focus on precise market opportunities.
Premium and Discount Zones of a PD Array
The foundation of a PD array starts with defining the premium and discount zones. This is typically done by identifying a significant price swing—either a low to a high or vice versa—and applying a Fibonacci retracement. The 50% level of this range serves as the equilibrium point, dividing the chart into two zones:
- Premium zone: Price levels above 50%, often considered less attractive in an uptrend and more attractive in a downtrend.
- Discount zone: Price levels below 50%, seen as more attractive in an uptrend and less attractive in a downtrend.
This equilibrium acts as a baseline, helping traders assess whether the price is likely to reverse, consolidate, or continue based on its position relative to the 50% mark.
Tools Within the PD Array
The PD array doesn’t rely on a fixed set of tools. Instead, it offers a collection of components traders can use to refine their analysis. While the choice of tools can vary, they’re often ranked in a loose hierarchy, known as a PD array matrix, based on their importance within the ICT methodology. Let’s break down how this structure works.
Order Blocks
Order blocks are areas where institutional traders placed large buy or sell orders, often leading to significant price moves. On a chart, they appear as the last bullish or bearish candle before a sharp reversal. Order blocks are highly prioritised within the PD array because they indicate zones of potential support or resistance.
Fair Value Gaps (FVGs)
FVGs are gaps between price levels that form when the market moves too quickly to fill orders evenly. These imbalances create "unfinished business" in the market, and price often revisits these areas to restore balance. They are especially useful for spotting potential reversals or continuation points.
Breaker Blocks
Breaker blocks form when order blocks fail. When supply or demand zones are unable to hold and the market structure shifts, breaker blocks emerge, highlighting key levels to monitor.
Mitigation Blocks
Mitigation blocks are related to breaker blocks but form after a market structure shift, where the price makes a lower high (in an uptrend) or a higher low (in a downtrend). They function the same as breaker blocks, but the key difference is in the failure of a new high/low before the trend reverses.
Liquidity Voids
Liquidity voids are areas on the chart where there’s little to no trading activity, often following sharp price movements. These large FVGs are often revisited by price as the market seeks to rebalance liquidity, making them significant for identifying future price movements.
Rejection Blocks
ICT rejection blocks are similar in concept to order blocks but consist of the wicks present on a given timeframe where an order block could be drawn. They are essentially a refined version of an order block where the price may reverse.
Old Lows or Highs
Old lows or highs represent liquidity pools where traders place stop orders. These levels are magnets for the price, as the market often seeks to trigger these stops before reversing. Identifying these points helps traders anticipate where the price might gravitate.
Using ICT PD Arrays for Trading
Let’s consider how to use the PD array of the ICT methodology.
Evaluating Trend Structure
Before anything else, traders typically assess the broader trend by analysing highs and lows. The goal is to identify the current structure and wait for the market to form a new significant high or low that aligns with the existing trend. For instance, in an uptrend, a trader might wait for a new higher high to form, followed by a retracement.
Once the new high or low is established, traders often draw a Fibonacci retracement tool between the previous low and the recent swing high (or vice versa for a downtrend). This creates a clear division of the price range into premium and discount zones, providing the foundation of the PD array.
Retracement into the PD Array
As the price retraces within the range, traders watch for it to reach the premium zone in a downtrend or the discount zone in an uptrend. This positioning is essential—it signals that the price has reached an area where the risk-reward profile may be more favourable.
Finding Specific Setups
Within these zones, traders use the tools of the PD array to refine their approach. For instance, an FVG might act as a key level, particularly if it sits just ahead of an order block. Alternatively, a breaker block might signal a potential reversal if the price aligns with the broader trend structure. By combining these elements, traders can narrow their focus to setups that align with both the PD array and the underlying market conditions.
The Limitations of ICT PD Arrays
While ICT PD arrays offer a structured framework for analysing price behaviour, they’re not without their challenges. Traders relying on this methodology should be aware of its limitations to avoid potential pitfalls. Here are some key considerations:
- Subjectivity in Marking Zones: Identifying premium and discount zones, as well as order blocks or other components, can vary between traders. This subjectivity means that no two analyses are identical, which may lead to inconsistent outcomes.
- Experience Required: Effectively using PD arrays demands a solid understanding of market structure, liquidity concepts, and the ICT methodology. It can feel overwhelming for beginners without adequate practice.
- Higher Timeframe Dependence: While PD arrays are valuable, they’re more popular on higher timeframes. Traders focusing solely on smaller timeframes might encounter more false signals.
- Dynamic Nature: Markets evolve quickly, and PD arrays require traders to adapt in real time. This dynamic quality can be a challenge for those who struggle with decision-making under pressure.
- Overfitting Risk: With so many tools available within the ICT framework, it’s easy to overanalyse or misinterpret signals, leading to analysis paralysis.
The Bottom Line
ICT PD arrays offer traders a structured framework to analyse market movements and identify key price zones, helping them refine their strategies. By combining these arrays with other tools and techniques, traders can gain deeper insights into institutional activity.
FAQ
What Is the ICT PD Array?
The ICT PD array meaning refers to a Premium and Discount array, a trading concept developed within the Inner Circle Trader (ICT) methodology. It organises price levels and zones into premium and discount areas, helping traders analyse where the price is likely to react and reverse and place entry and exit points. The framework includes tools like order blocks, fair value gaps, and liquidity voids to identify potential areas of institutional interest.
What Is a Premium Array in Forex?
A premium array in forex refers to the portion of a price range above its equilibrium level, typically the 50% mark of a significant swing high and low. Traders consider this zone less attractive for buying, as it’s closer to overvaluation, and often watch for potential selling opportunities.
What Is a Discount Array in Forex?
A discount array is the zone below the equilibrium level of a price range. It represents a potentially more favourable area for potential buying opportunities, as prices are considered undervalued relative to the swing high and low.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
BTC - Distribution Confirmed After Accumulation Cycle CompletionThis 4H chart is a textbook illustration of how smart money cycles play out over time—starting with accumulation, leading into a sharp markup, and culminating in a deceptive distribution phase characterized by manipulation and false breakouts.
Let’s dissect each stage of this engineered move:
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1. Accumulation Phase Following a Double Bottom
At the left of the chart, price forms a clear double bottom —a classic retail reversal signal.
- Smart money likely used this area to absorb sell-side liquidity, building long positions while retail traders expected further downside.
- This base formation set the foundation for the upcoming accumulation range , marked by sideways price action and multiple rejections from both highs and lows of the range.
The purpose of accumulation is simple: transfer supply from weak hands to strong hands. Every dip in this range allowed large players to fill bids without driving price too aggressively.
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2. Sharp Markup and Resistance Interaction
Once positions were fully loaded, price launched into a strong impulsive move upward , confirming the transition from accumulation to markup.
- The move stalled at a clear horizontal resistance zone—marked as an area of prior supply and potential seller re-engagement.
- Price consolidated just below this resistance, building tension and liquidity in the form of breakout longs and stop orders from early shorts.
This led to the final stage of the cycle: distribution via manipulation.
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3. Manipulation Above Resistance: The Fakeout
What followed was a classic fakeout above resistance .
- Price briefly broke above the key resistance area, attracting breakout buyers who assumed the trend would continue.
- In reality, this move served as a liquidity sweep and exit trap , allowing institutions to offload long positions accumulated earlier.
- The immediate rejection from this fakeout confirms a bull trap —a hallmark of distribution.
This is where smart money transitions from buyers to sellers while retail is left holding the bag.
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4. Gap Inversion: Confirmation of Distribution
Post-fakeout, price creates a gap and immediately inverts back into the prior range , invalidating the breakout and forming a clear distribution schematic .
- The gap acts as a volume void or inefficiency , often revisited in reversal models.
- Once this area is rejected and price fails to reclaim the resistance zone, it becomes clear that distribution has been finalized.
- This breakdown marks the beginning of a markdown phase—typically faster and more violent than the markup.
The rejection confirms that price is now being delivered to the downside.
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5. Narrative: From Accumulation to Redistribution and Collapse
This setup isn’t random—it’s narrative-driven:
- Double Bottom → Accumulation → Breakout → Manipulation → Distribution → Reversal
Each phase builds on the previous one, guided by smart money's intent to trap liquidity and maximize profit during transitions.
Now that distribution is confirmed, the expectation is continued downward delivery as price seeks out untapped liquidity and rebalances imbalances left behind during the markup.
---
Conclusion:
This 4H structure is a clear representation of the Wyckoff distribution model in action:
- Accumulation fuels markup.
- Breakout entices buyers.
- Manipulation traps them.
- Distribution unloads supply.
- Reversal completes the cycle.
The move down is not a random pullback—it is the deliberate continuation of a planned liquidity cycle . Expect further downside unless this structure is invalidated with a reclaim and break of the prior fakeout zone.
Nightly $SPY / $SPX Scenarios for April 23, 2025🔮 🔮
🌍 Market-Moving News 🌍
🇺🇸 U.S.–China Trade Tensions Ease: President Trump announced plans to "substantially" reduce tariffs on Chinese imports, signaling a potential de-escalation in the trade war. Treasury Secretary Scott Bessent labeled the current tariffs as "unsustainable," and the IMF warned of a "major negative shock" to global growth due to the ongoing trade conflict.
📉 Tesla's Profit Decline: Tesla reported a 71% drop in Q1 profits, attributing the decline to backlash over CEO Elon Musk's involvement in government affairs. Musk announced plans to reduce his role in the "Department of Government Efficiency" (Doge) starting in May.
🛫 Boeing's Earnings Under Scrutiny: Boeing is set to report earnings, with investors closely watching for impacts of trade tensions on Chinese plane deliveries. The company's performance is seen as a bellwether for the aerospace sector amid global economic uncertainties.
📊 Key Data Releases 📊
📅 Wednesday, April 23:
🏠 New Home Sales (10:00 AM ET):
Forecast: 675,000
Previous: 662,000
Measures the annualized number of newly constructed homes sold, indicating housing market strength.
📈 S&P Global Manufacturing & Services PMI (9:45 AM ET):
Manufacturing Forecast: 49.5
Services Forecast: 51.0
Provides insight into the economic health of the manufacturing and services sectors.
🛢️ EIA Crude Oil Inventory Report (10:30 AM ET):
Reports on the weekly change in the number of barrels of commercial crude oil held by U.S. firms, influencing oil prices and energy sector performance.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
The SPX On Track To A New All-Time High In 2025 (6,958— Soon!)Do not let anybody distract you, do not allow yourself to be deceived. Know that the market is very resilient and this has been true for the longest time ever. The catastrophe that everybody is always expecting and is always due is never true. Ok, there was a correction, but that's it, from now on the market grows. That's just how it works.
Very, very strong bull markets, and the bear markets weak and short.
The S&P 500 Index (SPX) looks great right now and nothing can surpass the wisdom that comes from a chart. A chart cannot lie nor can mislead you in any way.
The charts have pure raw data, you can make your own interpretation of this data but there are no mistakes.
Here the chart shows a very strong higher low. The 0.5 Fib. retracement level was tested and it holds. Now, saying a "new All-Time High" might be speculation, but saying that prices will rise is simply how technical analysis works.
A low first pierced 0.5 and challenged 0.618 fib. The candle closed above and full green, the highest volume since 2010 and that is a clear signal that the correction reached its end.
The SPX is bullish now of course.
The next week we get a red week and this led to the present day, a higher low. A higher low is bullish and notice, the 0.618 level is no longer relevant. The correction that happened was really strong, there is absolutely no need for more.
So a strong correction developed and what comes next?
Prepare for a major rise, a new impulsive bullish wave.
The minimum target starts at 5,665. This is the resistance where the drop got started, this level needs to be tested based on TA. Depending on how this level is handled, we can extract how the market will continue to behave.
» I will make a prediction, the SPX will hit a new All-Time High in the coming months.
Thank you for reading.
Namaste.
Victorias Secret (VSCO) Bull Run Incoming? Insider Signals?Victorias Secret & Co. (VSCO) Based in Ohio, USA has recently seen a dip in asset value to $16, but recovery could be imminent.
On the 1 Day chart both a bullish RSI divergence and CVD divergence seems to be forming. The DMI appears to show the bearish directional movement is slowing, and the ADX still remains above 20.
In march Insiders were reported to have purchased 1.92M shares. Conversely only 20,000 shares were sold by Insiders (Robinhood Analytics). Insider activity may indicate undisclosed company confidence.
The order book shows a decent number of open interest for $25.00. Subsequently this price target is located near key resistance areas that in my opinion, price will most likely touch in the near future.
Earnings are set to be released in May and traders and institutions may begin to price in fundamental factors before the report .
Given the above technical and fundamental signals, insider activity, and approaching earnings report. My hypothesis is bullish with a price target of $25.00 before 06/20/2025.
Will tariffs and politics stop VSCO's upwards movement? Or do the technicals and Insider moves signal a current discounted buy?
Disclaimer: Not financial advice.
Tesla Shares (TSLA) Drop Nearly 6% Ahead of Quarterly ReportTesla Shares (TSLA) Drop Nearly 6% Ahead of Quarterly Report
On Monday, Tesla’s share price fell by almost 6%, dipping below $230 and hovering near its yearly low. Since the beginning of 2025, Tesla shares have lost approximately 44% in value, marking their worst quarter since 2022.
Why Is TSLA Falling?
There is no shortage of investor concerns, including (as reported by various media outlets):
→ Elon Musk’s involvement with the Trump administration, which is said to be distracting him from focusing on Tesla, particularly as signs emerge of slowing progress in the development of robotaxis and autonomous driving technology.
→ A decline in demand — both for the Cybertruck model specifically and the product line in general — especially amid protests and boycotts across the US and Europe. Tesla previously reported 336,681 vehicle deliveries in Q1, down 13% compared to the same period last year.
→ Increased competition from Chinese carmakers, uncertainty around international trade tariffs, and other contributing factors.
According to The Wall Street Journal, analysts at Barclays and Oppenheimer have voiced concerns about “brand dilution” and weakness in China, while Dan Ives of Wedbush is hopeful for an “inspirational vision” from Elon Musk.
Technical Analysis of TSLA Stock
We previously noted the importance of the $220 support level, which prevented the price from falling further during the first half of April (as indicated by the arrow), at a time when broader stock indices showed much more bearish trends.
That level still appears relevant for now, but it’s likely that the upcoming quarterly earnings report will trigger a sharp increase in volatility. Should investors find the results underwhelming, TSLA’s share price could fall to the lower boundary of the current descending channel (highlighted in red), potentially breaching the psychological $200-per-share mark.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
What Is the McClellan Oscillator (NYMO), and How to Use ItWhat Is the McClellan Oscillator (NYMO), and How to Use It in Trading?
The McClellan Oscillator is a widely used market breadth indicator that helps traders analyse momentum and market strength. It focuses on the relationship between advancing and declining stocks, offering unique insights beyond price movements. This article explains how the McClellan Oscillator works, its interpretation, and how it compares to other tools.
What Is the McClellan Oscillator?
The McClellan Oscillator is a market breadth indicator that traders use to measure momentum in stock market indices. It’s calculated based on the Advance/Decline Line, which tracks the net number of advancing stocks (those rising in price) minus declining stocks (those falling in price) over a given period.
The NYSE McClellan Oscillator is the most common variant, often called the NYMO indicator. However, it can also be applied to any other stock index, like the Dow Jones, Nasdaq, or FTSE 100.
Here’s how it works: the indicator uses two exponential moving averages (EMAs) of the advance/decline data—a 19-day EMA for short-term trends and a 39-day EMA for long-term trends. The difference between these two EMAs gives you the oscillator’s value. Positive readings mean more stocks are advancing than declining, pointing to bullish momentum. Negative readings suggest the opposite, with bearish sentiment dominating.
What makes the McClellan indicator particularly useful is its ability to highlight shifts in market momentum that might not be obvious from price movements alone. For example, even if a stock index is rising, a declining indicator could signal that fewer stocks are participating in the rally—a potential warning of weakening breadth.
This indicator is versatile and works well across various timeframes, but it’s particularly popular for analysing daily or weekly market trends. While it’s not designed to provide direct buy or sell signals, it helps traders identify when markets are gaining or losing momentum,
Understanding the Advance/Decline Line
The Advance/Decline (A/D) Line is a market breadth indicator that tracks the difference between the number of advancing stocks and declining stocks. It’s calculated cumulatively, adding each day’s net result to the previous total. This gives a running tally that reflects the broader participation of stocks in a market’s movement, rather than just focusing on a handful of large-cap stocks.
When the A/D Line shows consistent strength or weakness, the McClellan Oscillator amplifies this data, making it potentially easier to spot underlying trends in market breadth. In essence, the A/D Line provides the raw data, while the McClellan refines it into actionable insights.
How to Calculate the McClellan Oscillator
The McClellan Oscillator formula effectively smooths out the daily fluctuations in the A/D data, allowing traders to focus on broader shifts in momentum.
Here’s how it’s calculated:
- Calculate the 19-day EMA of the A/D line (short-term trend).
- Calculate the 39-day EMA of the A/D line (long-term trend).
- Subtract the 39-day EMA from the 19-day EMA. The result is the McClellan Oscillator’s value.
Giving the formula:
- McClellan Oscillator = 19-day EMA of A/D - 39-day EMA of A/D
The result is a line that fluctuates around a midpoint. In practice, a trader might apply the McClellan Oscillator to the S&P 500 on a daily or weekly timeframe, providing insights for trading.
Interpretation of the Oscillator’s Values
- Positive values occur when the 19-day EMA is above the 39-day EMA, indicating that advancing stocks dominate and the market has bullish momentum.
- Negative values occur when the 19-day EMA is below the 39-day EMA, reflecting a bearish trend with declining stocks in control.
- A value near zero suggests balance, where advancing and declining stocks are roughly equal.
Signals Generated
The indicator is popular for identifying shifts in momentum and potential trend changes.
Overbought and Oversold Conditions
- Readings at or above +100 typically indicate an overbought market, where the upward momentum may be overextended.
- Readings at or below -100 suggest an oversold market, with the potential for a recovery.
Crossing Zero
When the indicator crosses above or below zero, it can indicate shifts in market sentiment, with traders often monitoring these transitions closely.
Divergences
- A positive divergence occurs when the indicator rises while the index declines, signalling potential bullish momentum building.
- A negative divergence happens when the indicator falls while the index rises, hinting at weakening momentum.
Using the McClellan Oscillator With Other Indicators
The McClellan Oscillator is a valuable tool for analysing market breadth, but its insights become even more powerful when combined with other indicators. Pairing it with complementary tools can help traders confirm signals, refine their analysis, and better understand overall market conditions.
Relative Strength Index (RSI)
The Relative Strength Index (RSI) measures the strength and speed of price movements, identifying overbought or oversold conditions. While the McClellan Oscillator focuses on market breadth, using RSI along with it can provide confirmation. For example, if both indicators show overbought conditions, it strengthens the case for a potential market pullback.
Moving Averages
Simple or exponential moving averages of price data can help confirm trends identified by the McClellan Oscillator. For instance, if it signals bullish momentum and the index moves above its moving average, this alignment may suggest stronger market conditions.
Volume Indicators (e.g., On-Balance Volume)
Volume is a key component of market analysis. Combining the Oscillator with volume-based indicators can clarify whether breadth signals are supported by strong participation, improving the reliability of momentum shifts.
Bollinger Bands
Bollinger Bands measure volatility and provide insight into price ranges. When combined with the McClellan Oscillator, they can help traders assess whether market breadth signals align with overextended price movements, providing additional context.
VIX (Volatility Index)
The VIX measures market sentiment and fear. Cross-referencing it with the McClellan Oscillator can reveal whether market breadth momentum aligns with changes in risk appetite, offering a deeper understanding of sentiment shifts.
Comparing the McClellan Oscillator With Related Indicators
The McClellan Oscillator, McClellan Summation Index, and Advance/Decline Ratio all provide insights into market breadth, but they differ in focus and application.
McClellan Oscillator vs McClellan Summation Index
While the Oscillator measures short-term momentum using the difference between 19-day and 39-day EMAs of the Advance/Decline (A/D) Line, the McClellan Summation Index takes a longer-term perspective. It is a cumulative total of the Oscillator's daily values, creating a broader view of market trends.
Think of the Summation Index as the "big picture" complement to the Oscillator's granular analysis. Traders often use the Summation Index to track longer-term trends and identify major turning points, while the Oscillator is more popular when monitoring immediate momentum shifts and overbought/oversold conditions.
McClellan Oscillator vs Advance/Decline Ratio
The Advance/Decline Ratio is a simpler calculation, dividing the number of advancing stocks by the number of declining stocks. While it provides a snapshot of market breadth, it lacks the depth of analysis offered by the McClellan Oscillator.
The Oscillator refines raw A/D data with exponential moving averages, smoothing out noise and making it potentially easier to identify meaningful trends and divergences. The A/D Ratio, on the other hand, is more reactive and generally better suited for short-term intraday signals.
Advantages and Limitations of the McClellan Oscillator
The McClellan Oscillator is a powerful tool for analysing market breadth, but like any indicator, it has strengths and weaknesses. Understanding both can help traders decide how best to integrate it into their analysis.
Advantages
- Focus on Market Breadth: By analysing the Advance/Decline data, the indicator provides a clearer picture of how many stocks are participating in a trend, not just the performance of index heavyweights.
- Momentum Insights: Its ability to highlight shifts in short-term momentum allows traders to spot potential turning points before they become evident in price action.
- Identification of Divergences: It excels at identifying divergences between market breadth and price, offering early signals of weakening trends or upcoming reversals.
- Overbought/Oversold Signals: Its range helps traders analyse extreme conditions (+100/-100), which can signal potential market corrections or recoveries.
Limitations
- Not a Standalone Tool: The indicator is combined with other indicators or broader analysis, as it doesn’t provide specific entry or exit signals.
- False Signals in Volatile Markets: During periods of high volatility or low trading volume, the oscillator may generate misleading signals, making context crucial.
- Short-Term Focus: While excellent for momentum analysis, it doesn’t provide the long-term perspective offered by tools like the McClellan Summation Index.
The Bottom Line
The McClellan Oscillator is a powerful tool for analysing market breadth, helping traders gain insights into momentum and potential market shifts. While not a standalone solution, it is often combined with other indicators for a well-rounded approach.
FAQ
What Is a NYMO Oscillator?
The NYMO oscillator, short for the New York McClellan Oscillator, is a market breadth indicator based on the Advance/Decline stock data of the New York Stock Exchange (NYSE). The NYMO index calculates the difference between a 19-day and 39-day exponential moving average (EMA) of the Advance/Decline line, providing insights into stock market momentum and sentiment.
What Does the McClellan Oscillator Show?
The McClellan Oscillator shows the balance of advancing and declining stocks in a market. Positive values indicate bullish momentum, while negative values reflect bearish sentiment. It’s often used to identify potential shifts in momentum or divergences between market breadth and price.
What Is the McClellan Oscillator in MACD?
The McClellan Oscillator and MACD are distinct indicators, but both use moving averages. While MACD measures price momentum, the Oscillator focuses on market breadth by analysing the Advance/Decline Line.
What Is the McClellan Summation Indicator?
The McClellan Summation Index is a cumulative version of the McClellan Oscillator. It provides a broader view of market trends, tracking long-term momentum and overall market strength.
What Is the Nasdaq McClellan Oscillator?
The Nasdaq McClellan Oscillator, sometimes called the NAMO, applies the same calculation as the NYMO but uses Advance/Decline data from the Nasdaq exchange. It helps traders analyse momentum and breadth in technology-heavy markets.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
LIC | Technical Structure Forming – View Only🔍 Stock: LIC (NS: LICI)
📌 Type: View Only – Not a Buy/Sell Recommendation
LIC has been consolidating after a decent upside move in recent weeks. Currently, the stock is trading around a key demand zone, indicating potential accumulation — but confirmation is still awaited.
🧩 Technical Overview:
Support Zone: ₹802 – ₹816
Resistance Zone: ₹842 – ₹861
Trend: Bulish
🚫 Note:
This analysis is shared for educational and observational purposes only. It is not intended as a buy or sell recommendation. Please do your own research or consult a financial advisor before taking any action.
💬 Share your views or charts below!
Tags:
#LIC #LICIndia #LICI #NSE #StockMarketIndia #TechnicalAnalysis #TradingViewIndia #PriceAction #ViewOnly #NotARecommendation #EducationalPurposeOnly
S&P 500 Pullback Nearing End? Hammer + Elliott Wave Say Rebound!The S&P 500 Index ( FOREXCOM:SPX500 ) is one of the most important indexes in the financial market these days , with the cryptocurrency market and especially Bitcoin ( BINANCE:BTCUSDT ) having a strong correlation with this index .
After Donald Trump suspended tariffs on 90 countries (except China) , the S&P 500 Index started to rise and seems to have managed to break through the Resistance zone($5,284-$5,094) and is pulling back to this zone .
One of the signs of a reversa l of the S&P 500 Index can be the formation of the Hammer Candlestick Pattern , which announces the end of the pullback .
In terms of Elliott Wave theory , it seems that the S&P 500 Index is completing a corrective wave that could be in the form of a main wave 4 ( it is correcting both in time and price ).
I expect the S&P 500 Index to resume its upward trend in the coming hours, if nothing special is released , and to reach the Resistance zone($5,680-$5,500) and Yearly Pivot Point . If this happens, today's Bitcoin analysis could also be correct .
Note: In the worst case, if the S&P 500 Index touches $5,050, we should expect a further decline in the S&P 500 Index and Bitcoin.
Do you think the S&P 500 Index will return to an upward trend, or is this increase temporary?
Please respect each other's ideas and express them politely if you agree or disagree.
S&P 500 Index Analyze (SPX500USD),1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; 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.
Nightly $SPY / $SPX Scenarios for April 22, 2025 🔮
🌍 Market-Moving News 🌍:
🚗 Tesla's Q1 Earnings on Watch: Tesla is set to report Q1 earnings after market close. Analysts expect EPS of $0.58 on $23.4B revenue. Investors are focused on delivery guidance, cost-cutting measures, and updates on the robotaxi program and Optimus robot. CEO Elon Musk faces pressure to refocus on Tesla amid concerns over his political engagements.
📉 Market Volatility Amid Tariff Concerns: U.S. markets remain volatile due to ongoing trade tensions. The S&P 500 has declined 14% from its February high, with investors closely monitoring corporate earnings for insights into the economic impact of recent tariffs.
📊 Key Data Releases 📊
📅 Tuesday, April 22:
🏠 Existing Home Sales (10:00 AM ET):
Forecast: 4.20 million
Previous: 4.38 million
Provides insight into the housing market's health and consumer demand.
📘 IMF Global Financial Stability Report (10:15 AM ET):
The IMF will release its latest assessment of global financial markets, focusing on systemic risks and financial stability.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis