Chinese Internet Stocks on the Edge: KWEB vs. FXI Introduction:
The Chinese internet sector AMEX:KWEB is at a critical juncture when compared to large-cap Chinese stocks AMEX:FXI . The ratio between these two reflects sector leadership—if KWEB outperforms, it signals renewed strength in internet stocks and suggests the sector is leading.
Current Market Context:
Potential Breakdown: The KWEB-to-FXI ratio is teetering near key support. A breakdown here would be a bearish signal for Chinese internet stocks.
Bullish Outlook: However, bulls are closely watching for signs of outperformance from KWEB, which could indicate the start of a new bullish trend.
Higher-Low Formation: If the ratio forms a higher low relative to its long-term trend, it would be a sign of potential strength in the internet sector.
Key Levels to Watch:
Support: Monitor the ratio’s current support level closely. A breakdown below this could lead to increased selling pressure on KWEB.
Resistance: A breakout above recent highs would indicate renewed outperformance and signal a bullish rotation into internet stocks.
Conclusion:
KWEB is at a make-or-break point, and the coming days could determine its fate. If the sector can establish a higher low and break above resistance, it could signal a bullish shift for Chinese internet stocks. Will KWEB lead, or will large-cap Chinese stocks maintain their dominance? Let me know your thoughts in the comments!
Charts:
(Include a chart showing the KWEB-to-FXI ratio, marking key support, resistance, and any signs of higher-low formations.)
Tags: #KWEB #FXI #ChineseStocks #InternetSector #SectorLeadership #TechnicalAnalysis #MarketTrends #China
Technical Analysis
[INTRADAY] #BANKNIFTY PE & CE Levels(14/02/2025)Today will be slightly gap up opening in banknifty. Since few days banknifty trading in between the range of 49050-49950 level. After opening if it's sustain above 49550 level then possible upside rally upto 49950 resistance level. Similarly downside expected below 49450 level and this can goes upto 49050 support level.
S&P500 Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 6100 zone, US500 was trading in a downtrend and currently is in a correction phase in which it is approaching the retrace area at 6100 support and resistance area.
Trade safe, Joe.
Nightly $SPY / $SPX Scenarios for 2.14.2025🔮
🌍 Market-Moving News:
Trump Signs Reciprocal Tariffs Executive Order: President Donald Trump has signed an executive order imposing reciprocal tariffs on countries with trade barriers against the U.S. The tariffs will not take effect immediately, which has been well-received by the markets.
Potential Ukraine Peace Talks: The U.S. is initiating discussions with Russia and Ukraine to potentially end the ongoing conflict. This development has led to a decrease in crude oil prices and could influence global markets.
📊 Key Data Releases:
📅 Friday, Feb 14:
🛍️ Retail Sales (8:30 AM ET):
Forecast: -0.1% MoM; Previous: +0.4% MoM.
🌐 U.S. Import and Export Price Indexes (8:30 AM ET):
Import Prices: Forecast: +0.5% MoM; Previous: +0.1% MoM.
Export Prices: Forecast: Data not available; Previous: +0.3% MoM
📌 #trading #stockmarket #SPY #SPX #daytrading #charting #trendtao
GBPJPY Seems to Almost Switch The Trend!Hey Traders, in today's trading session we are monitoring GBPJPY for a selling opportunity around 193.200 zone, GBPJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 193.200 support and resistance area.
Trade safe, Joe.
#GMXUSDT at a Key Level: Reversal Up or Further DropThe BYBIT:GMXUSDT.P price is consolidating after a sharp decline and is currently hovering around $19.870. A breakout above resistance or a drop below support will define the next move.
Two possible scenarios:
🔵 Bullish scenario: Holding above $20.480 activates a long setup towards $22.025.
🔴 Bearish scenario: Losing $19.220 confirms a short setup towards $18.040.
⚡ Best approach – place both scenarios in your watchlist and wait for confirmation.
⚡ This allows traders to avoid guessing and enter only after confirmation.
⏱ 1H Timeframe
━━━━━━━━━━━━━━━━━━━━━━
📈 LONG BYBIT:GMXUSDT.P from $20.480
🛡 Stop Loss: $19.870
✅ Overview:
➡️ BYBIT:GMXUSDT.P is stabilizing around $19.870 - $20.065 (POC), the key liquidity zone.
➡️ The price is attempting a recovery but hasn’t broken $20.210 yet.
➡️ A confirmed breakout above $20.480 would open the way toward $21.250 and $22.025.
⚡ Plan:
✅ Bullish confirmation requires a breakout above $20.480 and consolidation.
✅ Monitor reaction at $20.065 (POC) – the key volume zone.
✅ If the breakout is weak, a pullback to $19.770 is possible.
📍 Take Profit targets:
🎯 TP1: $21.250 – local resistance.
💎 TP2: $22.025 – main profit-taking zone.
🚀 BYBIT:GMXUSDT.P is testing a key level — waiting for a breakout signal!
━━━━━━━━━━━━━━━━━━━━━━
📉 SHORT BYBIT:GMXUSDT.P from $19.220
🛡 Stop Loss: $19.770
✅ Overview:
➡️ If the price fails to break $20.065 and starts dropping, a test of $19.220 is expected.
➡️ A breakdown below $19.220 could trigger a move toward $18.655 and $18.040.
➡️ Volume indicators suggest possible distribution, increasing bearish pressure.
⚡ Plan:
✅ Bearish confirmation requires a break below $19.220 and consolidation.
✅ Watch reaction at $19.770 – if it holds, a reversal could form.
✅ If selling pressure increases, the drop could accelerate.
📍 Take Profit targets:
🎯 TP1: $18.655 – intermediate support.
💎 TP2: $18.040 – deep correction.
🚀 BYBIT:GMXUSDT.P is at risk of a breakdown — expecting a move to $18.040!
O 1H Long CounterTrend TradeCounterTrend Trade
- short impulse
+ volumed T1
+ volumed Sp
+ weak test
+ below first bullish bar close entry
Calculated affordable stop limit
1 to 2 R/R take profit expandable to Investment
Daily Trend:
"+ long impulse
+ exhaustion volume
+ T2 level
+ support level"
Monthly Trend:
"+ long impulse
+ 1/2 correction
- SOS broken"
Yearly Trend:
" + long balance
+ volumed manipulation
- neutral zone"
The Ugly Truth of Technical Analysis...Even though this may be an extremely unpopular opinion on this topic, realizing this simple truth may be what makes or breaks a profitable trader. The truth is this...
Drawing lines on a chart does not predict any price movement, and there are more factors in play than simply price action
It doesn't matter what the gurus on the internet say about some "secret strategy" or a "secret indicator", anyone with common sense should automatically ignore content like that. Firms like NYSE:JPM , NYSE:GS , NYSE:MS , etc. , spend billions upon billions of dollars just to figure out how to trade the market with efficiency, but some random 19 year old on the internet figured out how to beat these mega-firms with a free indicator. Yeah right.
However, I'm not saying that technical analysis doesn't work or that it shouldn't be used; I'm simply saying to reconsider your strategy and use common sense before donating your money to Wall Street banks. Below is an example of technical analysis working perfectly on NYSE:UNH for the 1D timeframe looking back into April of last year.
This would have been a textbook channel breakout trade, in which the trader takes a short when the bottom trendline is broken (or the candle closes below the trendline). It would have resulted in a maximum of 17% gain on naked short shares if the bottom penny is the exit price (which is virtually impossible). So there you have it... technical analysis works perfectly and I have proven myself wrong.... right? No. . Now let me show you what really happened. Here is the same exact chart, but this time with a piece of key information shown.
As it turns out, there was nothing technical in play at all in this price action, but rather a "fundamental" or a "tangible" aspect was the price driver. An example like this should also show you that not providing sufficient information and taking charts out of context can be done by literally anyone. If you think you can predict the future with some geometric shapes, bars, and non financial, fundamental, or tangible analysis, better than the top Wall Street firms, I say good luck to you.
WITH THAT BEING SAID, this does not mean that trendlines, price areas, value gaps, and other technical indicators are completely invalid, but it does mean that there is more to the story than what is on the chart. Always review news, sentiment, financials, analyst ratings, and other key oscillators to gauge every trade.
Disclaimer: The indicators used on the chart are only for illustrative purposes of a cluttered chart. I am neither saying that they are accurate nor inaccurate.
AUDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.62700 zone, AUDUSD is trading in a downtrend and currently is in correction phase in which it is approaching the trend at 0.62700 support and resistance area.
Trade safe, Joe.
EURUSD Potential DownsidesHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.04700 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.04700 support and resistance area.
Trade safe, Joe.
GBPUSD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.25400 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.25400 support and resistance area.
Trade safe, Joe.
#FARTCOINUSDT remains weak — expecting further downside📉 SHORT BYBIT:FARTCOINUSDT.P from $0.4570
🛡 Stop Loss: $0.4865
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:FARTCOINUSDT.P remains under selling pressure, forming a downtrend. The price is testing the $0.4570 level, which previously acted as support, but the market remains weak.
➡️ POC (Point of Control) at $0.5449 indicates the main liquidity zone, far above the current price. This suggests seller dominance, with major trading activity still at higher levels.
➡️ A breakdown of $0.4570 would trigger further downside, opening the way to $0.4350 – $0.4168.
➡️ The $0.4168 level is a key support, where buyers previously showed interest.
⚡ Plan:
➡️ Enter SHORT from $0.4570 after confirming a breakdown.
➡️ Stop-Loss at $0.4865, placed above the nearest resistance.
➡️ Key downside targets: $0.4350 and $0.4168.
🎯 TP Targets:
💎 TP 1: $0.4350
🔥 TP 2: $0.4168
🚀 BYBIT:FARTCOINUSDT.P remains weak — expecting further downside!
📢 The market structure remains bearish. Volume continues to decline, confirming the weakening buying interest.
📢 However, a short-term bounce at $0.4168 is possible. If significant volume appears at this level, a brief return to $0.4350 could occur, but the overall movement remains downward.
📢 BYBIT:FARTCOINUSDT.P is in a bearish structure, and unless $0.4570 is reclaimed, we are likely to see further downside movement. A short-term bounce at $0.4168 is possible, but the overall trend remains weak.
CHFJPY Potential DownsidesHey Traders, in today's trading session we are monitoring CHFJPY for a selling opportunity around 170.400 zone, CHFJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 170.400 support and resistance area.
Trade safe, Joe.
GbpChf buy idea Taking yesterday's (Wednesday) low 1.13111 as Inducement and using previous week (Wednesday) High 1.13057 as my point of interest. I'm interested in going long on GBPCHF.
This is just my insight you can check usdChf chart I posted my insight in the Mind section.
Kindly boost if you find this insightful 🫴
EUR/USD Bullish Rebound Strong Support SignalEUR/USD is trading at approximately 1.0430. Your target price of 1.0630 suggests an anticipated upward movement of 200 pips, indicating a bullish outlook as the pair rebounds from a strong support level.
Technical analysis indicates that EUR/USD has rebounded off multi-month trend support, with the pair now trading unchanged for 2025. This suggests that a breakout may be imminent, with key resistance levels to watch at 1.05 and 1.0573/87. A decisive move above these levels could pave the way toward your target price of 1.0630.
Fundamentally, the European Central Bank (ECB) has implemented five interest rate cuts since June, with the possibility of up to three more reductions this year. This monetary easing stance aims to stimulate economic activity within the Eurozone. In contrast, the U.S. Federal Reserve has adopted a more cautious approach, indicating no immediate plans for rate cuts despite persistent inflation. These divergent monetary policies could influence the EUR/USD dynamics, potentially supporting a bullish scenario for the euro.
In summary, the EUR/USD pair is exhibiting signs of a potential bullish breakout, supported by technical indicators and contrasting monetary policies between the ECB and the Federal Reserve. Traders should monitor key resistance levels and stay attuned to central bank communications to make informed trading decisions.
Thu 13th Feb 2025 EUR/AUD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/AUD Buy. Enjoy the day all. Cheers. Jim
#NIFTY Intraday Support and Resistance Levels - 13/02/2025Today will be flat or slightly gap up opening expected in nifty. After opening if nifty sustain above 23050 level then only expected upside rally upto the 23250 level. This level will act as a strong upside resistance for today's session. Any bullish rally can give reversal from this level. Below 23000 level sharp downside expected in today's session.