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Bigger Bubble" Creation vs. Downtrend Bubble Burst: What Comes NMore Giant Bubble" Creation vs. Downtrend Bubble Burst: What Comes Next? As the Federal Reserve (Fed) begins its rate-cutting cycle, the stock market and gold prices are hitting record highs, fueling growing investor confidence in a soft landing for the U.S. economy. However, it’s important to remain cautious. The market may appear to be creating a "bigger bubble," but investors should consider secondary effects. An economic slowdown could trigger a sudden market crash even with continued rate cuts. A critical indicator to watch is the U.S. Treasury yield curve, which often signals an impending recession. Recently, a closely watched segment of the yield curve has returned to a typical slope after being inverted, signaling that a sharp economic downturn may be imminent. "When the inversion ends, the real countdown begins, and that’s where we are now." "Bigger bubble" creation vs. downtrend bubble burst?! Waiting for a LONG trade: Please refer to the chart. Long trade entry set up target and s/l. Methodology: Fibonacci Channel & Fibonacci Retracement Risk control reference pivot points: Daily pivot points (table provided) 4-hour pivot points (table provided) www.tradingview.com Disclaimer: The content represents expert opinions and is not investment advice. Investors should make independent decisions, carefully assess risks, and bear full responsibility for their outcomes.
NASDAQ:NDX
by fortunepivot
SPY is looking Very Sexy ! There is 1 more step to go ! N3 Confirmed!! The price is doing exactly what we had predicted (see previous analysis). Indeed, the price bounced in the zone we had predicted last week, creating an "N3" pattern. Now, we are waiting for the final phase of the N3 pattern, which is to reach new highs or new extreme. What do we need to see? This phase is of great importance because, if completed, we would be at new historical highs again. The Key is the Last Candle: If you can observe the last candle on the chart, you'll see it has a very long lower wick. I call this a buying pressure candle; however, we need confirmation with the next candle, which should have a large bullish body in order to reach the new extremes we've been seeking. So, we can conclude that by putting all the points together when analyzing this chart, we have a bullish outlook for the rest of next week. However, it’s important to remember that we need solid confirmation with a bullish candle to confirm we will have a green week! Best regards and success in your trades. Thanks for supporting my analysis.
AMEX:SPYLong
by RocketMike111
SPY: A Critical Inflection Point! (D&W charts)In our last analysis last week, we had already identified a critical support point around $565, which is once again acting as a support, as expected. However, in the light of new evidence, we have to update the central point of the idea, and draw up possible scenarios for us to work on next. The link to our prevous analysis on SPY is below this post, as usual. Daily Chart (Left): Previous Top at $574.71: This level represents the recent all-time high, which has become a point of resistance after the price failed to maintain above it. Current Support at $565.16: The price is testing the $565.16 support area, which was previously a resistance level. It is now, for the second time, a crucial level to hold for the continuation of the uptrend. This is the most important inflection point for the SPY. 21-day EMA Support: The price is hovering around the 21-day EMA, adding more significance to this support zone. A daily close below this line could indicate a deeper pullback. Weekly Chart (Right): Possible Evening Star Pattern: The recent weekly candles form a potential evening star pattern, which is typically a bearish reversal signal, especially after a strong uptrend. This pattern is characterized by a small-bodied candle (potential reversal sign) followed by a bearish candle. Key Support Areas: The first support to watch is $565.16, aligning with the daily timeframe, followed by a more significant support at $539.44 if the evening star pattern confirms. Trend Continuation: If the pattern fails to confirm, a weekly close back above $574.71 would invalidate the bearish scenario and signal strength in the current trend. Conclusion: The SPY chart is at a critical juncture. The daily chart shows support holding at $565.16, which is a critical support level and inflection point for the SPY, as a break below this line could trigger a sharper sell-off. The potential evening star pattern on the weekly chart adds bearish pressure, and we should closely monitor the $565.16 level for further clues. If the evening star confirms, the $539.44 support could come into play as a downside target. For bullish continuation, holding above $565.16 and reclaiming the $574.71 level are essential. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.
AMEX:SPY
by Nathan_The_Finance_Hydra
1
Google - Textbook break and retest!NASDAQ:GOOGL might retest the previous breakout level before continuing the uptrend. The entire chart of Alphabet (Google) is green, yet I do expect a (short term) move lower first. For almost a decade, Alphabet has been retesting and respecting a major support trendline before then breaking out of the ascending triangle formation just a couple of months ago. I just expect Alphabet to retrace back to the breakout level before then creating new all time highs. Levels to watch: $150 Keep your long term vision, Philip - BasicTrading
NASDAQ:GOOGLShort
by basictradingtv
9
BNB - BEST Buy ZonesHistorically , large wicks usually get filled almost in the same way that a gap gets filled. It may not be soon, but if you're willing to wait a few weeks (or even a few months) you could get in lower and buy at a more ideal price. (see Warren Buffet's trading philosophy on Buying at the RIGHT PRICE👇) The particular wick in reference is the following one. The range is extremely wide, and there's a $100 gap where you could possibly dollar-cost-average: Even if we would fall this low in the SHORT term, the price would still be bullish - we are evidently still trading in a bullish cycle, as this is likely a multi-month corrective pattern paying out. If you've been following for a while, you'll know i have been referring to this multi-month cycle on numerous occasions; anticipating the final impulse wave up according to Elliot Wave Theory (wave 4-5). In the meanwhile, you could get lower entry prices on your favorite altcoins. __________________________ BINANCE:BNBUSDT
Short
by CryptoCheck-
XAU/USD Poised for Potential Gains Amid Market UncertaintyFor today, the technical outlook for XAU/USD (gold vs. USD) indicates a possible upward movement, with gold continuing its bullish trend due to various macroeconomic factors. Analysts suggest that if gold remains above key support levels, there could be further gains. Some expect it to test resistance around $2685, while if prices fall below $2668, a short-term decline to $2635 may follow​ This is influenced by ongoing geopolitical risks and market speculation on future Federal Reserve policy, which tends to drive safe-haven assets like gold higher
OANDA:XAUUSDLong
by BELLATRIXFX
cool cool whirlpool ### 1. **9-Month Consolidation (📦 Box Pattern)** **Pattern**: **Rectangle/Box Consolidation** **Details**: The price has been **moving sideways** within a range of about **₹300 points** for the last 9 months, creating a consolidation zone. This period of consolidation indicates **indecision** in the market, where neither bulls nor bears have taken full control. - **Implications**: If the price **breaks above the consolidation zone**, it could signal a **bullish breakout** and may lead to further price increases. A **breakdown** below this zone would signal a potential bearish move. ### 2. **Volume Spike (🔺)** **Pattern**: **Volume Spike with Price Breakout Attempt** **Details**: Toward the right side of the chart, there is a visible **increase in trading volume** during the consolidation, which usually signals an **impending breakout**. - **Implications**: **Rising volume** is typically a precursor to a strong price move. If the breakout from the consolidation happens with sustained volume, it will confirm the validity** of the breakout. ### 3. **Descending Trendline Break (📉)** **Pattern**: **Trendline Breakout** **Details**: The stock had been in a **downtrend** for a prolonged period from **2021** until early **2023**, as indicated by the purple **descending trendline**. However, this trendline was broken in early 2023, signaling a potential end to the downtrend. - **Implications**: A **trendline break** suggests a potential **shift in sentiment** from bearish to bullish. The fact that the price has stabilized and entered a consolidation phase after the break hints that the stock might be building a base for future upward movement. ### 4. **Gap Down Recovery (⬇️⬆️)** **Pattern**: **Gap Fill** **Details**: In **Dec 2021**, there was a **gap down**, which is a significant drop in price. However, by Jan 2024**, this gap was **filled** with a strong **gap-up move**, indicating that the price returned to its previous levels. - **Implications**: **Gap fills** are often seen as signs of market strength, and in this case, it signals that the stock has recovered from prior selling pressure and may be positioned for further gains. ### 5. **Resistance Levels (🔴 Horizontal Lines)** **Pattern**: **Horizontal Resistance** **Details**: The price is nearing two major **resistance levels**: **First Resistance at ₹2,534.70** **Second Resistance at ₹2,754.50** - **Implications**: If the price moves toward and tests these resistance levels, a **break above these points** would be a very **bullish signal**. However, if the stock struggles to break these levels, it could face **rejection** and move back toward support. ### Summary: The stock of Whirlpool of India Ltd. has been **consolidating** for a significant period, indicating the market is indecisive and waiting for a catalyst. The **breakout from the trendline** and **volume spike** are signs of potential strength. A **breakout above the consolidation** zone could lead to a move towards testing **higher resistance levels** (₹2,534 and ₹2,754). Keep an eye on **volume** to confirm any breakout, and be cautious around the major resistance levels, as a rejection could trigger a **pullback**. This suggests that the stock is at a **crucial point** where either a breakout or breakdown could occur, and the next move will largely depend on market forces around these critical price levels.
NSE:WHIRLPOOLLong
by investigationofchart
Use of Various Technical indicators. (Educational Post)Nifty again after making a new high ended in negative today. Main reason for nifty ending in negative can be attributed to channel top resistance. RSI (Relative strength Index) reached over heated zone and peaked above 80 showing the market was overheated, this was the second reason of Nifty ended in red of Friday after a fantastic weak. RSI of monthly and weekly and daily candles also shows that Nifty is in the overbought zone. This can continue for a while or Nifty can dive next week or in the coming time searching for it's supports for the purpose of correction or consolidation. On hourly chart as seen above RSI Peak is near 81 with supports near 57 and 47 range. Currently the RSI is at 64.67. Bollinger Band is also suggesting temporary market peak near 26336 and strong support near 26092 and 25866. MACD is also signaling towards consolidation and correction as the coveted blue line seen in the chart is dipping below red line. Histograms sine wave is going towards negative zone with some strength in it's stride. 50 hours EMA or the mother line is near 25909 and 200 hours EMA or the father line is near 25345. Parallel channel indicates top near 26336. Mid channel support near 25866 and channel bottom support is near 25595. Trend line support is near 26148 and trend top seems to be near 26437. Supports and resistances drawn based on recent peaks and valleys are as under: Supports at: 26148, 26037, 25866 and 25595. Resistances at: 26277 (All time high resistance) In the above chart and data we have used the combination of Supports and Resistances, Trend lines, EMA, MACD, RSI, Parallel Channel, Bollinger Bands. You must have seen that various Technical indicators many a times indicate same or similar levels. Thus instead of trying to master many indicators, if you can focus on a few and master them, you will be more often correct. As Bruce Lee has famously said and I quote him, "I am not afraid of someone who knows 10000 kicks, I am afraid of the one who has practised 1 kick 10,000 times." It is also said in Sanskrit 'Sarva Deva Namaskaram, Keshavam Prati gacchati'. Pray to any of the divine forces but they ultimately end up at the feet of the supreme God head. Nasiruddin Shah had also said in a movie (Kabhi Haan Kabhi Na) "Idhar se jao, udhar se jao, ultimately sab rasta God ke pass jata hai." Deducing from it many indicators often yield same results. Master 2 or 3 of them and they will make you a great analyst. Conclusion: Learn, unlearn, relearn and master a few indicators rather than trying to know many indicators. They will help you create generational wealth. To know more about these indicators and how to use them and to understand Techno-Funda investment, read my book: The Happy Candles Way to Wealth creation available on Amazon in Paperback or Kindle version. The information regarding Nifty in this article is for the purpose of education and to show how various indicators often give same or similar result. To know more about when to book profit? Where to place a stop loss or what is trailing stop loss you are recommended to read my book: The Happy Candles Way to Wealth creation which is available on Amazon in paperback or kindle version. You can also comment below or send a message to us. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:NIFTY
by Happy_Candles_Investment
TSLA: Insanely Bullish - Next Key Points to Watch.In our last TSLA analysis we warned about resistance at $233 and that a breakout would take us to the next target at $245 to close the gap. Now, two weeks later, our target has not only been reached, but broken. So I'll update you on the next key points to keep an eye on. Our last public TSLA study was done two weeks ago here on TradingView, and the link to it is below this post. Daily Chart (Left): Resistance at $265.13: The price is climbing toward the resistance at $265.13, which is a significant level as it marks the high from July. The price recently broke above $245.63, indicating strong upward momentum and clearing a key resistance level. Now, this previously broken resistance could act as a support. Support at $233.09: The $233.09 level has held as a key support after the breakout in Sep 19, and the price has trended higher since bouncing off this level. Trendline Support: The ascending purple trendline provides dynamic support, and the price has consistently respected it during this upward move. A break below this line could signal a potential change in trend, but for now, the trend is bullish. Weekly Chart (Right): Bullish Continuation: On the weekly chart, the price continues to show a strong bullish trend as it climbs higher after bouncing off key support at around $180. The recent price action suggests the potential for testing the $265.13 resistance. Momentum: The 21-week EMA (blue line) continues to provide support, reinforcing the uptrend. This moving average has been well respected in the past, and the price staying above it is a positive sign for bulls. Conclusion: Tesla’s price action looks strong as it approaches a critical resistance at $265.13. If the price breaks and holds above this level, it could open the door for further gains. However, traders should monitor the $245.63 level, as it now acts as a support zone, while the purple trendline continues to offer a guide for the uptrend. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
Bitcoin - This Is The Bullish Breakout!Bitcoin ( BITSTAMP:BTCUSD ) still has a high chance of a breakout: Click chart above to see the detailed analysis👆🏻 Bitcoin is clearly following the behaviour of the previous cycles and there is actually no reason to be bearish at the moment. The current consolidation is rather a sign of strength and a bullish breakout is definitely more likely than a bearish rejection. Just closely monitor price action. Levels to watch: $65.000, $32.000 Keep your long term vision, Philip (BasicTrading)
BITSTAMP:BTCUSDLong
by basictradingtv
7
SMCI - Can Super Micro Computer regain trust of investors?Super Micro Computer received non compliance note from Nasdaq for failing to timely file its annual report for the period ending June 30 by the Aug. 29 deadline. The company said it had 60 days to file the report or submit a plan to regain compliance. After Hindenburg short report and notice from Nasdaq, much negativity already priced in. If they can file their report for ending June 30, rebound started from just below 400 , might reach 530-usd (61.8%). In the end, revenue growth for fiscal year is expected at 80%.
NASDAQ:SMCI
by murat_cal
SWING IDEA - LTIMStock seems to have following the Trendline as given. There has been 4 touches so far on this trendline, indicating a strong Support formation. If the stock continues to obey the trendline, it could revisit its Swing High again. MACD Crossover also indicates a good bullish momentum. While there us a Support formed at 4748 level, even our Trendline intersects at the same region in the coming weeks. So if you want a better entry, you can wait for a retest at the Trendline again and then take an entry based on your Risk Management.
NSE:LTIMLong
by thepranam
SWING IDEA - SUTLEJTEXNSE:SUTLEJTEX Stock has completed its Lower Low Formation and the new Higher High Higher Low is in play currently. MACD is also about to make a crossover, which could indicate a good momentum upward in the coming days/weeks. In addition, the stock has seems to be following the Trendline as marked. This could also start acting as Key Support in the coming weeks. If everything goes as per plan, we can see the stock crossing the next 2 S/R zones as mentioned in chart.
NSE:SUTLEJTEXLong
by thepranam
Brent oil trend moving down or up?Amid supply concerns in the markets, oil prices, which had dropped to the $69.30 level, saw a notable rebound. The American Petroleum Institute reported a 1.9 million barrel increase in weekly crude oil inventories, while a slight decrease is expected in the official crude oil inventories to be announced in the U.S. today. In the U.S., strong expectations remain that the Fed will cut interest rates by 25 basis points today. Therefore, despite the positive risk appetite, Brent oil prices have continued to trade with a bearish trend below the $73.00 level. Technically, if the 72.35 support level is broken, further declines toward 71.50 and 69.30 are possible. On the upside, if the 73.0 resistance is surpassed, buying momentum could accelerate toward the 74.30 and 75.50 resistance levels.
TVC:UKOIL
by primequotes
“Gold prices have been on a strong upward trajectory”In the U.S., the New York Fed Empire State manufacturing index for September rose from -4.7 to 11.5, indicating that the manufacturing sector has returned to growth territory. This data marked the highest level since April 2022. Despite this strong economic signal, the recovery in U.S. dollar assets remained limited. As a result, gold prices saw an upward movement, reaching the $2,585 level. From a technical perspective, if prices remain consistently above the 2585 level, an increase to 2600 and then to 2650 could occur. On the downside, if the price falls below the 2570 support level, a pullback could extend to 2535 and then to 2482.
OANDA:XAUUSD
by primequotes