Historical buy opportunity in DisneyThe algorithm is showing Disney in a very important historical support zone.
In the chart you can see the historical channel and how the price is approaching the support line. Furthermore the 80$ is a key support that if it's lost could move the price to 43$ easily because there is no other serious support or historical volume.
So, by buying slightly over 80$ or even 90$ you can use a very tight stop loss and unlock a potential of 60% to the first take profits or even 120% if the prices goes back to maximum price.
Right now and leaving in the first take profits, you can risk 1$ to earn at least 6$ which is a crazy risk reward ratio for any trader.
USA
A good opportunity to enjoy a rallyThe algorithm has found a resistance at the end of a downtrend channel. The 33$ support is working pretty well and now we must be aware if the price has enough demand to break the 36$ level.
This break could potentially move the price outside the channel and the zone of 40$ would then become the target. The risk reward is good enough and the stop loss can be very tight thanks to the clear resistance price.
BCO Technical Analysis On a we weekly we have gotten close to our resistance level
we can get the following two plays: price going up and closing above 86.149 on a weekly chart or we may get pullback where then we will have to evaluate longs
for now i am bullish since levels held perfectly
my entries are pullback after retest (roughly as demonstrated on the chart)
Let me know your ideas on oil!
U.S. Stock Market: What To Expect In 2023? 2022 has become the most volatile year in a decade: the world economy is going through tough times, central banks are struggling with high inflation, and the stock market has been under pressure from a bearish trend since the beginning of the year. Will the situation change in 2023 and what should investors expect?
The main reason for the decline in the U.S. stock market this year has been higher inflation and the U.S. Federal Reserve's (Fed) response to curb inflation. June saw record inflation data which broke a 40-year high and cemented a bearish trend in the market which had been going on since the beginning of the year.
As history shows, the average bear market since World War II has lasted 14 months and resulted in declines of more than 30% from previous highs. The current trend has now lasted more than 11 months. From this, we can conclude that statistically speaking, we are two-thirds of the way through.
In addition, one of the fundamental reasons why the market will show strong growth soon is the excess of money from investors. A serious bear market forms precisely when people start selling stocks when they are in need of money. Right now, investors are selling stocks simply because they are afraid of losing value. But such corrections always come to an end pretty quickly, replaced by an equally tumultuous rise. Investors are holding huge amounts of cash right now, and the money supply is at record levels. That gives confidence that markets will rebound quickly. Better now is the opportunity to buy companies with strong financial fundamentals at a discounted price.
In addition, inflation in the U.S. continues to slow: November data showed a decline to 7.1%, which exceeded analysts' expectations. The dynamics of inflation and the rate of its slowdown are a certain signal of the Fed's successful policy, giving additional hope to stock market participants that the regulator will start easing its monetary policy this year.
Basically, experts consider three scenarios for the U.S. economy this year:
Optimistic Scenario. Economic activity continues to slow down, and the economy remains under pressure, but growth remains at 1%. Inflation slows at an accelerated pace, and the Fed may cut the rate to 4.25%, by the end of 2023.
Moderate Recession. The economy may experience a mild recession during the first half of 2023, but by the second half of 2023, economic activity recovers, the Fed cuts the rate to 4.75%, and signals further easing of monetary policy while maintaining a downward trend in inflation.
Stagflation. This scenario is based on a more sustained inflation trend in 2023, which encourages the Fed to take more aggressive steps and allows rates to be cut only to 5.5% at the end of 2023. However, the likelihood of this scenario developing is very low, as inflation is already showing a good rate of deceleration.
At the same time, some believe that the U.S. can avoid a recession this year and go with the optimistic scenario. The stock market is supported by strong economic macro data and some issuers have already proven their ability to withstand a rate hike. The stock market has fallen on fears and expectations last year, but in such situations, fear quickly changes to euphoria. There is potential in the U.S. stock market, and we should not rule out the possibility that the S&P 500 index could gain 15% in 2023 from current positions.
SILVER TESTING NEW RESISTANCE?!After making a retracement on the uptrend line, silver is testing a resistance and you can see it since daily time-frame
Also if you use RSI and MACD you can perfectly see the lines changing directions in different time-frames
RSI at 30m and 15m change direction after being at level 70 close from overbought zone
My SL and TP:
SL: 23.94764
TP: 23.62293
DXY, longBased on the structure of the chart, the US dollar index is pulling back towards the middle line of the ascending channel and will move towards the bottom of the channel after the pullback.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
Germany30 Technical AnalysisHello traders!
Europe and most dominant economies of it such as England, Germany and France are under fire but regardless good news from USA have eased the situation and some pressure.
It reasonable to buy some of the positions on retest of recent support levels such as a historic 1W timeframe- 13602 / 13011. Bearish trend has been stopped and looking for more upside in the upcoming weeks.
Like and subscribe if you agree and you want to discuss the ideas all together.
USDJPY, waiting for sell, 350 pips
I expect increases, breaking the red channel around 138.00, and then decreases with tp around 134.50.
Watch out for a false breakout of the drawn daily resistance!
Entrance around 137.80-138.00 and tp around 134.50.
P.S.
This is not financial advice of course, just my idea.
USDCAD, expect drop price to 1.35300 +around 100pips, H4,H1I expect the price to drop to around 1.3530 for now.
If the price breaks the resistance indicated on the chart, the uptrend should continue, but I expect the price to fail and fall.
We'll see what happens after the weekend.
Have a nice wekkend!
P.S.
This is not financial advise of course, just my idea.
BCO/USD Technical Analysis Hello Traders!
Based on the fact that we stopped without hitting a 72.0 level tells me that its is very likely that buyers who bought set out their sl on the next support.
Furthermore, trend hasn't changed and what is happening is a pullback. Im looking to sell on two levels risking total 3% of my trade position.
82.3 and 86 are two levels of my interest for the short side.
XAU/USD Technical AnalysisHello Traders!
What do you see on this chart and what are your expectation and interpretation of what you see?
What i see on a 4 hour chart is the following: we hit the resistance level on 15th November after which we proceeded to the pullback action where we stopped at 1732.5. 1809.6 is our latest local resistance level which we reached and made a double top and continued to the downside.
for it to keep on the bullish trajectory i expect it to close below 1786.7 and possibly expect a fake-out on 1809 level.
SP500 IDEA HELLO GUYS THIS MY IDEA 💡ABOUT ES1! is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the sellers from this area will be defend this SHORT position..
and when the price come back to this area, strong sellers will be push down the market again..
DOWNTREND + SUPPORT from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like and follow thanks
US 10y2y yield curve and the S&P500. What's next?I see many people expecting a massive crash because the yield curve has inverted, but they forget that stocks fell as the yield curve was inverting, something that didn't happen in the previous times. Before the earlier crashes, stocks rose before the inversion and kept growing for a bit after the inversion.
In 1989 stocks didn't even fall after the 10y2y curve fell below 0. That inversion happened two years after the 1987 crash, and we have a similar situation this time. We had an inversion before the Covid crash, and now, two years after the Covid crash, we are having another. However, this time, we've already had a 25% correction on the S&P500.
Although I believe we will have a recession and used to think it would be gruesome, I am starting to feel things won't be as bad as many think. It would be very odd to have a second crash after the March 2020 crash, as many investors still expect a similar correction, making it less likely. Everyone also knows the Fed will eventually be forced to cut rates and return to QE, creating a market crash less likely. The market is like a junky that wants more QE and low rates, even if that would come at the cost of short-term pain, as the market is forward-looking and is already anticipating that Central banks will support demands. They will have to, as governments won't be able to fund themselves in any other way.
At the same time, we must not forget many structural forces other than the Fed, like stock buybacks, indexation, passive investing, cheap & easy access, bank money/credit creation, and foreign investment inflows in the US. Of course, we definitely shouldn't forget how strong the US economy is, having some of the best companies worldwide.
It feels like 2000-2013 was like getting out of the 1968-1982 period: massive consolidation and considerable changes in the structure of markets. From 1982 until 2000, the market rallied by 1275%, with very few significant corrections. None was more prominent than 40%, and the largest was similar to the Covid crash. We are nine years into this expansion and have rallied only 200% from the previous highs. Therefore I don't see why we should expect another massive correction soon, right after we've had a 20%, a 35%, and a 25% correction over the last 3.5 years. I think the only reason for a crash would be the Fed raising rates above 3.5%, which I see as nearly impossible.
Of course, I am not saying another dip is impossible. If the SPX tops around 4350-4400, I can see us making another low, only to scare longs and trap shorts and send it much higher. This idea is more about not getting stuck in some doom porn and seeing that markets can go up even when things are not expected to go well or aren't going well.