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Trends

Trends in conflict; Signs support "Sell in May and Walk Away"Trends into today are; Last Macro Trend Signal Spots (ES Contract) 30m - 5111 Uptrend (4/17/2024) Lower High 1Hr - 5220 Downtrend (4/12/2024) Lower Low 2Hr - 5203 Downtrend (4/12/2024) Lower Low 3Hr - 5197 Downtrend (4/4/2024) Lower Low 4Hr - 5197 Downtrend (4/4/2024) Lower Low 6Hr - 5250 Downtrend (4/2/2024) Higher Low 12Hr - 5204 Downtrend (4/4/2024) Higher Low Daily - 5166 Downtrend (4/12/2023) Higher Low Weekly - 4769 Uptrend (12/11/2023) Higher High Monthly - 5304 Uptrend (03/31/2024) Higher High As explained in the video, the shorter-term trends are calling for lower moves, although the longer-term trends are violated and would be calling for a rebound. In spite of that conflict, I don't expect that rebound in the immediate future at this point. I go into a longer explanation, but overall I have been shorting the market, and currently have a Short position from 5200. I am looking for this position to hit around the 5000 mark, and then may cash out and wait and see what happens at that 5000 mark. I may look for a reversal position if we head near that area. The vibe is basically that Inflationary issues persist, geopolitical tension could cause chaos, and ultimately the US Economy is amazing and resilient. Next week we have major earnings though, so this short move lower could be done for and we could head into a rebound then, before heading lower or at least sideways once again going into May, as we see the old trading technique of "Sell in May and Walk Away" hold true. General Sentiment - Bearish Overall Sentiment - Bullish Safe Trading, and remember your risk management
CME_MINI:ES1!Short
by SemperTrader
Stop Loss Placement: Let Your Trade Cook!Intro I tried to talk through stop-loss placement in 3 minutes here. I do not think justice was done. So let's take a look at exactly what I mean when I say "Let Your Trade Cook". Proper stop-loss placement is critical to a successful trading plan. Don't Place Your Stop Like Everyone Else You are guilty of this, if you have been stopped out many times just to see the price move immediately back in your favor. The picture below represents a bunch of pullbacks some long and some short and it has been color-coded to define entries combined with stop losses. Blue = Entry Black = Typical Stop Orange = A Good Stop To Let Your Trade Cook Red = An Aggressive Stop To Let The Trade Cook Conclusion Hopefully, the video along with this image provides you with a better system for discretionary stop losses. I tend to favor the idea that just above or below a momentum bar in the previous swing as my stop loss.
AMEX:IYREducation
by JoeRodTrades
ZILLOW, WILLOW WHEREOW THE PRICE GO? imma be honest, I'm running out of creative titles, so you get what you get. Trends labeled Price targets labeled. really neat setup on zillow here. These buy zones are marked at some major support, we have a short term trend leading to a top, and may have already hit. We have a long term support trend going in the bearish price direction. All of the above can help determine potential price movements. With RSI being overextended, the market as a whole, there is potential for quick downside right past support trend, into the zones of major price support, which will then create even stronger support, which will allow the price to keep climbing back up. I'm hesitant to predict anything before seeing where it heads into earnings (13th labeled) BUT.. IDK, something like this maybe? Essentially, I don't know how it will look, or how steep it goes, but it's good to be prepared for some potential scenarios. This chart can cover quite a few of them if you're patient and wait for the right trade. Overall, I would suggest being careful, and should the price go up before going down, it might be a better option to look for a short entry and ride the price down than jumping into a long position, especially with how this chart looks.
NASDAQ:Z
by nicktussing77
FIL, FILECOIN, IF YOU'RE LATE FOR LAUNCH, YOU'LL BE MEGA SAD.Holy rocketship. Trends and price targets marked. Trend 1 and 2 are fairly significant trends moving in the bullish direction, however they are rejection trends. The third trend is a small downtrend, still significant but more likely to reflect the drop leading right to some massive support. Spartan 300 support line. It holds and rockets, or it dips way below. Watch carefully because the price targets literally go up to $299 without much trouble. That is a rare scenario and more likely, a $8 is likely. Downside is marked. Imo, if it dips below trend, you'll probably want to buy the dip. This coin looked so bullish, I couldn't not share. Good luck. Hope you make some bank!!
CRYPTO:FILUSDLong
by nicktussing77
3
LLY, LILLY IS THIS STOCK PRICE SILLY?I hope you appreciated my rhyme. So what to say about this. One main trend line at the moment. Big support incoming at 580 to 560 range. Really big support at 108. The lines in the middle (light green and red) are fairly weak and more likely short term targets. I assume the long term targets will line up well with the gaps which are marked in orange. Orange also on RSI, which is saying be careful. Short term can take it up to 980 or so but I think the lower targets are more likely and we'll see the higher targets after trend breaks and before it starts to really drop. However, there are a lot of possibilities that can occur. The main possibility looks to be a chance of a move to 980, but more likely won't get there and might stick around 780. I really have a hard time saying what this will do and when it will top out, I could tell you more if I watched this daily, but I don't. This chart is long term price targets for the downside and the upside. Given the single trend, you'll need a new chart as more develop, feel free to message if I haven't updated after some time. I think that covers most everything. Summary. I think this stock is overvalued big time, but still has potential to keep seeing more upside in the short and mid term.
NYSE:LLY
by nicktussing77
AXP, THE PLATINUM CARD ISN'T ACTUALLY PLATINUMTrends and price targets marked. Things are overextended Potential to bounce back and catch more upside even with the overextension. Guideline is more for backtracking, but it could potentially look something like this. Follow trends and price targets rather than guideline, it is more to get an idea of what things could look like. 247 or so looks like a top to me especially with the trend formation I would suggest watching a break on the lowest green support trend and I would also suggest watching a rejection on the rejection trend. Should we break out of rejection trend, probably 360. Drop will be steep, but the most natural path would be the 247 drop to 80. I would say, if you're looking to enter, wait and be patient. If there is more upside, you're not missing much. If downside is coming, there are still trend support lines that can see bounces in price, meaning, you'll likely be able to find a better entry that allows for less risk.
NYSE:AXP
by nicktussing77
1
5204 is a major trend support to watchJob data this morning caused a movement exactly as I anticipated and discussed yesterday. The move lower I suspected came yesterday as I anticipated, so now I'm just looking to see if we can move below this 5204 12hr support line. To date, the 12hr has been the major support level to stop any movement down since November which is why we have not seen a Daily trend change for nearly 6 months. Trends into today; Last Macro Trend Signal Spots (ES Contract) 30m - 5248 Downtrend (4/4/2024) Lower Low 1Hr - 5226 Downtrend (4/4/2024) Lower Low 2Hr - 5226 Downtrend (4/4/2024) Lower Low 3Hr - 5197 Downtrend (4/4/2024) Lower Low 4Hr - 5260 Downtrend (4/2/2024) Higher Low 6Hr - 5250 Downtrend (4/2/2024) Higher Low 12Hr - 5204 Downtrend (4/4/2024) Higher Low Daily - 4378 Uptrend (11/3/2023) Higher High Weekly - 4769 Uptrend (12/11/2023) Higher High Monthly - 5304 Uptrend (03/31/2024) Higher High Overall, I will link my video from yesterday if you want an in-depth analysis on why I predicted we would move lower. Major thing I've heard, is people are no discussing only 2 rate cuts this year. So again, we went into the year with 6 rate cuts priced into the market. We dropped to 3 rate cuts even though we never REALLY priced out the 3 extra rate cuts, and now we are discussing only 2 rate cuts this year, and the potential of them not coming in June. Safe trading, and remember your risk management.
CME_MINI:ES1!Short
by SemperTrader
First Sell/Short Signals since January - TrendsLonger video but hopefully it clarifies my position in the market. I do NOT have a short position yet, but I am looking for one at this point. I might wait until either the close of the day depending on where we are OR take a short position if the overall day goes negative. Trends into today; Last Macro Trend Signal Spots (ES Contract) 30m - 5724 Uptrend (4/3/2024) Lower High 1Hr - 5277 Uptrend (4/3/2024) Lower High 2Hr - 5278 Uptrend (4/3/2024) Lower High 3Hr - 5291 Downtrend (4/1/2024) Higher Low* 4Hr - 5260 Downtrend (4/2/2024) Higher Low 6Hr - 5250 Downtrend (4/2/2024) Higher Low 12Hr - 5087 Uptrend (2/22/2024) Higher High Daily - 4378 Uptrend (11/3/2023) Higher High Weekly - 4769 Uptrend (12/11/2023) Higher High Monthly - 5304 Uptrend (03/31/2024) Higher High In order to try and keep on point I actually wrote some notes for this video (yes, in spite of the length, I felt I really tried to keep on point). What I will do instead of rewriting any of the video is just copy and paste my notes into here. NYFANG / MAG 7 still pulling market up (down day even though they had gone up .6%) Economic Calendar JOLTs was uneventful NonFarm Employment is up - Job Growth seems good ISM Non Manufacturing Prices lower - Includes pay being lower Powell Speaks - Nothing really new - Wants to cut rates (already priced in) - Data will drive decision (says that every time) Today - Jobless Claims (No expectation other than strong job market) Tomorrow - Unemployment (Not expecting anything new) - Even if it does, how do you price in this news? Is good bad, or bad good? Good is good? Trends; 30m, 1hr, 2hr all in lower highs 3hr had a higher low but if uptrend hits, will now be lower high So 30m to 3hr trends call for lower 4hr, 6hr, 12hr - call for rebound up Daily is still sitting massively overbought Weekly is normal bull market signal even if we go lower Monthly just hit uptrend, but Monthly has NEVER done anything but higher highs and higher lows back to the 80s (no data past that) For that to change we would have to go below 3846 - EVEN IF THAT HAPPENED, no historical data to explain what that could mean (Must like we saw with the lower low of a weekly trend) Sell Signals The shorter term trends are calling for lower movements Daily uptrend is well, well, well overcooked MACD Momentum (Daily) has crossed below zero line. Last time we had that was January when I traded shorts several times and made money. Has historically been MOSTLY accurate. MACD Momentum had a sell signal 3/26 but it was after down days so uneventful Weekly Overbought RSI/MFI Buy signals (or at least cautionary flat moving signals) Trends of 4hr and above call for MACD itself is not below the zero line (so not a prime bearish / shorting environment) Hope you found the information helpful. Safe trading, and remember your risk management plan.
CME_MINI:ES1!Short
by SemperTrader
Bitcoin Trends: Identifying Bullish and Bearish Signal.Hello Trading View Community, From soaring to record highs to suddenly dropping over 10%, Bitcoin (BTC) has been full of surprises. Today, let's dive into this rollercoaster ride, exploring the twists and turns of Bitcoin's recent price movements and what might lie ahead. Bear Divergence in RSI and Price Action 📉 Our journey starts with a notable bear divergence on BTC's daily chart. Here's the scene: Bitcoin prices reaching for the stars while the RSI, our trusty sidekick, decides it's not quite ready to leave the ground. This divergence signals a potential cooldown or reversal on the horizon, suggesting the latest rally might need to catch its breath. What Does the Trend Say? 🔄 Rewind to October, when our trend-finding indicator flashed a bright Long signal, setting the stage for the rally that led to January's highs. This beacon was a trader's dream, but like all dreams, a wakeup call—marked by today's shift, as spotted by our dot plotter—suggests a moment of pause or a plot twist in Bitcoin's saga. Plotting the Dots... 📍 Our dot plotter, straightforward yet insightful, has begun signaling a change in momentum, suggesting the party might be winding down. It's like the DJ switching from high-energy beats to a slow jam, hinting it's time to pay attention to the changing vibes. EMA's to the Rescue? 🛡️ Zooming into the EMAs, we see Bitcoin comfortably above our 21 EMA (the one in pink), keeping the bullish spirit alive. However, it's a delicate balance; staying above this line could mean this is just another one of Bitcoin's famed quick corrections. Wrapping It Up... 🎬 Considering the bear divergence in RSI and the signals from our custom indicators, a bit of caution could go a long way. The journey since October has been lucrative for those who followed the Long signals, but the road ahead seems uncertain. The convergence of our analysis suggests it might be time to brace for a potential short-term shift. For enthusiasts hoping to see Bitcoin's ascent resume, the key is to stay vigilant with the charts in the coming days, with a keen eye on the weekly close. This current dip may very well be one of Bitcoin's classic corrections that prelude a continued upward trajectory. Yet, caution remains the word of the day. As we navigate this uncertain terrain, the descent of Bitcoin will have us closely monitoring for a close below the 21 EMA, signaling a potential shift in strategy. A new Short signal could then emerge as our beacon, guiding our next moves in this ever-evolving saga of Bitcoin trading. Thank you for joining me on this analysis. If you've found it helpful or entertaining, a "Like" or "Follow" would be much appreciated. Trade wisely, and remember, these insights are here to aid your journey, not dictate it. These are just ideas, not trading advise...
COINBASE:BTCUSD
by jnpTrends
The Spectrum of Price Action: Extreme Trends to Extreme Trading Whenever anyone looks at a chart, she will see areas where the market is moving diagonally and other areas where the market is moving sideways and not covering many points. The market can exhibit a spectrum of price behavior from an extreme trend where almost every tick is higher or lower than the last to an extreme trading range where every one- or two-tick up move is followed by a one- or two-tick down move and vice versa. Only rarely will the market exist in either of these extreme states, and when it does, it does so only briefly, but the market often trends for a protracted time with only small pullbacks and it often moves up and down in a narrow range for hours. Trends create a sense of certainty and urgency, and trading ranges leave traders feeling confused about where the market will go next. All trends contain smaller trading ranges, and all trading ranges contain smaller trends. Also, most trends are just parts of trading ranges on higher time frame (HTF) charts, and most trading ranges are parts of trends on HTF charts. Even the stock market crashes of 1987 and 2009 were just pullbacks to the monthly bull trend line. The following chapters are largely arranged along the spectrum from the strongest trends to the tightest trading ranges, and then deal with pullbacks, which are transitions from trends to trading ranges, and breakouts, which are transitions from trading ranges to trends. An important point to remember is that the market constantly exhibits inertia and tends to continue to do what is has just been doing. If it is in a trend, most attempts to reverse it will fail. If it is in a trading range, most attempts to break out into a trend will fail.
FOREXCOM:XAUUSDEducation
by RezaBayat
BITCOIN KEY LEVELS!There is a very nice range shown on the BTC chart! I mapped out these levels to make it easier for you to see where the LONG opportunities and SHORT opportunities are. Let me know your thought sin the comments below Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
2
PCG caught my attention to continue bullishI want to Buy this Stock base on 2 main approach. 1.Technical Analysis: base on technical, using the ICT I trade with, The market sweeps liquidity and create a valid order blocks and expanded with Fair value gaps, target equal highs, this is good sing of strength to go bullish. 2. FOUNDAMENTAL REPORT: in this case, PCG stocks is own by 93% institutions , and the institutions has the highest number of transaction with 13%. on my on view, they accumulated BUYs to target the price of $18.50 or above
NYSE:PCGLong
by Traderkorao
AVTR, THE MOVIE WITH THE BLUE GUYS?I did not do any fundamentals, not sure what this is, have only looks at the chart. I labeled everything within the chart. There is potential for earnings to cause some steep movement, possibly and more likely down, but I'm not sure. There is support on this stock on the bottom side so there is potential to buy the dip, but again, I didn't do any fundamental research. Trends and price targets are labeled and trends are probably the most important part to watch.
NYSE:AVTR
by nicktussing77
NIO, TEST DUMMIES NEEDED, BUY THE DIP OR LET CRASH?I like the Chinese stocks Nio is one of them There is some downside showing still as far as I can tell It is leading to an old support trend, however, I don't know if that is relevant anymore. I like the potential of buy the dip under $5.4 Subject to change quickly. but right now, bullish on the next decent dip. Drawn in line is what I'm currently seeing as an ideal scenario, do not follow line, instead follow trends and price targets. Line is often inaccurate, but helps me reanalyze my indicators. The lowest number I could see was around 2.8 or 2.9. unlikely, but you never know, completely possible. After 14.9, it can go higher, but a new chart will be needed, and will likely be needed before that point arrives.
NYSE:NIOLong
by nicktussing77
MCD, WILL EARNINGS INCLUDE A HAPPY MEAL?On quick glance, maybe a little bit of a happy meal, but they definitely gonna forget the toy. Why does this chart look like a child drew it? Well, it was drawn on my one of the streams I did back in oct and since the lines are still holding and trends are still holding, I figured I'd share it again. my last post was deleted because I used a bad word. which is fair. Price is sitting right under major rejection, if it breaks over, the rocket can continue, but if it can't, lookout. I think it's getting close to the top and earnings takes it maybe up a little past 300, but more than likely, we start to see the downside take over for a bit. Again, fully depends on the trend and what happens with earnings because things can change fast with these numbers but as of now. I'd say bears get favoring.
NYSE:MCD
by nicktussing77
AMD EXTENED LINE'S EXTENDED LINE EDITION (CONTINUE OR FALL)If you've been following me with AMD, we're pretty much out at this point, as we've been targeting the trade since 93, and there isn't much point to miss a few extra percentage points on the topside at the risk of losing all or much of the profits. HOWEVER, there are still trades to the topside, as far as trades heading to the bottom side. Marked in thick green and thick red are the TWO STRONGEST support and rejection trends I could find. Do more exist? Maybe, but you'll need a better analyst that me to find those. Light red are steep support trends that have been building on top of each other (stacking) Think of this like a skyscraper being built. All indicators point that we are nearing a top. However, this means nothing as short term indicators can theoretically keep pumping the price over the long term targets, which would see numbers at 200+ Notice the time frame of the chart, 2h, meaning it won't last for more than a couple weeks and you'll likely have a whole new set of trends. A move like this into earnings is going to be the big question. 179 189 are two really strong rejection lines. May not be exact, but close. You really need to analyze in real time at this point because move will happen faster and faster. I would say, should the price not hold 171.00, I would wait to see what happens in the short term, and try and buy the dip if it occurs pre earnings, with a potential trade before, on or right after earnings. I would then be waiting on topside for a short entry rather than pushing my luck as a bull. If you follow me with trades, you'll know that we essentially speak in probability. Meaning, at or above 189, I'm more likely to screw up than make a good trade, and if I screw up, there is a lot of downside showing, which will do absolutely nothing to cover the mistake (loss). Having said that, if you're a short term trader and familiar with short term trading, yes there are absolutely still chances to trade above this level should it occur. We would also say, there is a better than average chance that should I wait for some of these topside targets to hit and enter short, I have a better than average chance to both profit, and make more overall money, than trying to time out more really short term trades. It's all about profitability, risk, percentages, and patience. Waiting for the RIGHT trade IS 1000% better than jumping into a trade you missed because you have FOMO. There will almost always be another buy, there will almost always be another stock moving up the percentage you missed. Idk, what it would be called in formal terms, but I call it the sniper strategy. Good luck!! I've attached all previous AMD charts to this chart.
NASDAQ:AMD
by nicktussing77
1
USACAD, 4x but not 4x more like four and for and x and exTrends marked Price Targets marked All of these trends are fairly strong on their own but it looks like this wants to head down before up maybe to 1.08? 1.22 in the near term sound reasonable? This chart was requested. I don't pay much attention to this chart so let me know if I'm missing something I'd normally pick up had I been monitoring this more frequently. But, I think I got all the important trends and longer term price targets. again, I was hesitant to draw a line, but I think it better shows the downside potential. I wouldn't follow it, I'd expect it to be incorrect, instead focus should be with the trends and price targets.
by nicktussing77