JBShark

JBShark

The US30 cash index took rejection from 31700. As mentioned earlier my idea for this week for US30 is short only at strength. The price is taking rejection at 31700. My idea is to take position at 31700 after rejection and then my goal for intraday is 31300-31400. If you like this or if you think the opposite of this or if there is any other opinion, mention it in...

JBShark

Gold is getting consolidated around 1820-1830. The price action of gold got rejection at 1840. Gold is getting consolidated to make a firm base around 1830 before making a move . My idea for gold remains same with entry at 1825-1830 with the target resistance of 1840-1844. 1855 and 1875. If you like this or if you think the opposite of this or if there is any...

JBShark

The gold is ripe for an upward move. The price action of gold tested the support of 1815 throughout the week with resistance at 1845 and 1855. My idea is that the fundamentals of gold have gone strong. The supply is getting cut off . the yellow metal will try to break the resistance of 1855 as soon as the market opens. My idea is to take entry below 1830 with a...

JBShark

After taking support from 29700 the Dow jones industrial average’s cash index is currently on a strong upward rally. The price action of US30 is expected to repeat the previous pattern where it kept rallying for more than 10 active sessions in the last days of june from 30600 to 32900. My idea for next week is to wait for the price action of US30 to get exhausted...

JBShark

After getting rejection from 1841, the price action of gold is on its way to test the support of 1830. The price action is making a descending channel. My idea is only going long on gold with entries around the support of 1830 and 1810. If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open...

JBShark

The price action of US30 will try to break the trendline resistance and 50% retracement level between 30300-30350. My idea for intraday is that the price action of US30 may test the support of 30000 once again with false breakouts further deepening the retracement . My idea is to enter after support of 30000 to 30300 with a target of 30350 for entries at 30000 and...

JBShark

No support lies from this point to 400. My idea is to short at strength to cover or hedge your losses. Nearby resistance for entry is 1250. If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.

JBShark

After getting rejection from 1875, the gold is expected to take a dip and test the support of 1800 on fears of a hawkish financial policy by the U.S to cope with inflation. My idea is to get short after rejection of supports of 1845 and 1830 with target of 1800. If you like this or if you think the opposite of this or if there is any other opinion, mention it in...

JBShark

The US30 took a huge dive after bein unable to cross the barrier of 33300. The downward move was triggered by the worst than expected inflation data from United States of America indicating a possible hawking monetary policy in near future. My idea is that the price action of US30 will now move towards the support of 30600, the price is expected to break the...

JBShark

The US30 is expected to swing between 32700-33000 untill CPI data is announced, both long and short positions can be availed.

JBShark

US30 once again got rejected from 33300. My idea for today is that it will try to break the resistance of 33300 . my idea is to wait for the jobless claims and then take position after breakout or rejection at 33300. If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of...

JBShark

Gold once again tried to break the resistance of 1855 but couldn’t past 1852. On down side the support of 1840 is still very strong. My idea for today is that gold will try to break the resistance of 1855 towards the and will aim for 1860 and 1865, weekly jobless claims will play a key role in today’s session. If you like this or if you think the opposite of this...

JBShark

After getting rejected from 1950, Ethereum moved downwards to test the support of 1800 and 1750. After taking support from 1750, the price action of ethereum is moving again towards the resistance of 1900 and 1950. As I mentioned this setup in which ethereum is moving currently is ideal for those who are looking for an opportunity to cover there losses as you can...

JBShark

As mentioned in the previous analysis the altcoin mover is likely to take support between 1800 and 1750. The target was 1900 and 2000. For intraday my goal remains same with short entry at 1900 and 2000 with target of 1800 and then again long entry at the support below 1800 and above 1750. If you like this or if you think the opposite of this or if there is any...

JBShark

The yellow metal continued the downward spree. Currently it is testing the support of 1845. My idea for intraday is that if the support of 1845 is tested then my goal will be entering at support of 1845 with the goal of 1855 and 1865 for intraday.otherwise I will wait for the support of 1830 If you like this or if you think the opposite of this or if there is any...

JBShark

US30 took rejection from 33300 and tested the support of 33000. My idea is again entry at 33000 &33700 with the goal of resistance of 33300. If rejection is met again then I will take another entry at 33300 after confirmation of rejection form 33300 with target of 33000. If you like this or if you think the opposite of this or if there is any other opinion,...

JBShark

US30 tried to break the resistance of 33300 multiple times this week ,but it was met with huge selling pressure at 33300. The downward trend is still dominant on the US30 because of the recession of the markets and the increasing interest rates. My idea for coming weeks is to enter at 33,300 with target of the support of 33000 and 32,500. Key support and...

JBShark

Gold saw a major rejection again this week at the weekly resistance of 1870. Gold is now on its way to test the weekly support of 1855, 1845 and 1830, the weekly closure was below the resistance of 1855, moreover the gains of the week were all lost on Friday and gold gave a negative weekly closing. Gold is currently oversold on smaller time frames but there is...