DOW JONES TRADE IDEADow jones ended NFP with less than -0.45%. Dow jones has formed a bearish trend and heading for the downside, we should expect retracement to the upside before expecting more bears.
Wallstreet
S&P 500 Daily Chart Analysis For Week of August 4, 2023Technical Analysis and Outlook:
The Spooz index experienced a significant drop as a result of the Inner Index Rally 4590 reaching completion last and this week's trading session, respectively. This caused our Mean Sup 4534 and 4507 to be eliminated. It seems likely that the index will continue to decline, potentially reaching our next Mean Sup 4403 and even Mean Sup 4330. However, it's important to note that there could be a Reignited Rally Resumption at the solid and strategic Mean Sup 4403 level, as this week's trading has been heavily oversold.
SPY weekly Analysis Aug 7th-Aug 11th,2023I have analyzed SPY for this week and I feel Spy is trying to change its trend. Let me know if you have any questions.
dowjonesAccording to the completion of wave one and also the completion of wave two (with the possibility that wave c of 2 is incompletely completed), the probability of falling between 700 and 800 pips in this index
SQ Earning Analysis|Aug 3rd 2023SQ ER analysis is here. I am bullish. Please understand the process of rice which has been clearly explained in the analysis.
NOTE:DO NOT TRADE OPTIONS
INTC re entry August 3rd 2023INTC is giving us re entry and target would be $38 and then $40. DO NOT TRADE OPTIONS.
PYPL re entry August 3rd 2023Spy needs to retrace but for me I have re entered PYPL here. I will explain the trades today or probably on friday. BUT I AM LONG NOW IN PYPL
SHOP LONG 3rd Aug,2023I am long in SHOP and targets will be huge. Wait for my analyis and if you do understand the trade then enter it. SPY SHOULD RETRACE MORE SOplan your trade accordingly
DKNG looks bullish 2nd Aug,2023I am long at CMP here with DKNG and the it looks like it should go up. I will update the analysis shortly.
AMD Earnings Bullish 31st July2023Make sure to understand the trade & then make your decisions. AMD looks bullish to me. Ultimately AMD should go to $140
NOTE: DO NOT TRADE OPTIONS
ALERT:ABNB book profit|30th July2023ABNB is showing buying pressure with not so much quality buying when I dropped inside candles. It has hit higher time frames supplies as well.
NOTE: If you are long book profit.
S&P 500 Daily Chart Analysis For Week of July 28, 2023Technical Analysis and Outlook:
The Spooz performed as predicted by achieving an Outer Index Rally outcome of 4590 and indicating a desire to move higher. However, the Key Resistance at 4630 might hinder its progress, but it is just a temporary pause. The subsequent Inner Index Rally 4708 is expected to yield positive results.
US30 short sell US30 recently bullish rally complete now time to start retrace 50% and 61.8% at least touch, after this retrace then new bullish move start.
Reason for sell evening star.
Sell Current price Stop loss 35790 target 50% and 61.8%.
DOW JONES TRADE IDEADow Jones has been on a bullish momentum during the last trading days last week and also closing with more than 1% yesterday, we should expect strong retest to the downside.
S&P 500 Daily Chart Analysis For Week of July 21, 2023Technical Analysis and Outlook:
During this week's trading session, Spooz indicated its intention to retest Mean Sup 4507. We anticipate a rebound movement to help us achieve our designated Outer Index Rally 4590 target.
S&P 500 Daily Chart Analysis For Week of July 14, 2023Technical Analysis and Outlook:
This week, the Spooz reignited its rally muscle to complete our Inner Index Rally 4521 and is currently processing retracement to Mean Sup 4403 - Unconfirmed. However, there is a solid expectation to march to the Outer Index Rally 4590.
Cursed Google chart$GOOG has created a massive hype cycle (wall street market cycle) that looks like it's due for a crash. Enjoy the short!
S&P 500 Daily Chart Analysis For Week of July 7, 2023Technical Analysis and Outlook:
This week, the Spooz failed to meet our Outer Index Rally 4480 goal due to a crime scene performance. However, we expect a strong rebound from the Mean Sup 4330 or higher, which will help us achieve our target with great force.
S&P 500 Daily Chart Analysis For Week of June 30, 2023Technical Analysis and Outlook:
The Inner Index Rally 4444 has been completed, which is part of the ongoing Reignited Rally. The Outer Index Rally 4480 and 4590 targets have been outstanding for a while and are important upside objectives. However, reaching the 4480 target may lead to a significant pivotal downward movement to the Mean Sup 4330. Trade Selecter needs to confirm this development.
NASDAQ (US100)nasdaq at resistance and HTF i think can't break and rop to demand zone and rejected in here to resistance and rop at here to demand zone
Dollar Index (DXY)dxy tested trend line and can't break trend line i think now rise to test supply zone and resistance if can't break resistance can drop to bottom of trend line and if can break we can get another drop to support zone drop after pullback to trendline or resistance
dowjonesConsidering the formation of wave 1 and the end of wave 2 and the possibility of forming a harmonic pattern at the end of wave 2 within the specified range, one can wait for the beginning of wave 3 or C.
BCH Bitcoin Cash and the Wall Street-backed EDX Exchange Launch If you haven`t sold BCH here:
Then you should know that the recent launch of the Wall Street-backed cryptocurrency exchange, EDX Markets, is a significant development that signals growing acceptance and adoption of digital assets within the traditional financial industry. This event brings a bullish sentiment to the crypto market, indicating increased confidence from institutional investors.
EDX Markets is specifically designed to facilitate safe and compliant trading of digital assets, offering clients distinctive benefits such as competitive quotes, liquidity, and a non-custodial model. By prioritizing best practices and establishing trusted intermediaries, EDX aims to alleviate conflicts of interest and provide a secure trading environment.
The initial assets available for trading on EDX are the largest cryptocurrencies by market capitalization, including Bitcoin (BTC) and Ethereum (ETH), as well as Litecoin (LTC) and Bitcoin Cash (BCH). This selection showcases the platform's focus on the most established and widely recognized digital currencies, instilling confidence in investors.
The entry of prominent financial players such as Schwab, Fidelity, and WisdomTree into the cryptocurrency space further strengthens the bullish case. WisdomTree Investments' recent application for a Bitcoin exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC) reflects the growing market interest in this investment vehicle. With BlackRock's filing also fueling the discussion around Bitcoin ETFs, it is evident that established firms recognize the potential of cryptocurrencies as a legitimate asset class.
In this context, my short-term price target for BCH is $147. However, I maintain a bearish outlook for the overall year due to the ongoing Binance investigation and the lawsuit filed by the SEC.
Looking forward to read your opinion about it.
