NVIDIA pulling strings in the premarket session and eyes are on The Feds today. Technically, nasdaq is making lows and is enroute to pulling into discount and continuing the fall
After CPI print, nasdaq is poised to sell today at market open.
Nasdaq, after NFP results from last week has been dropping. A continuation is eminent and hence why this set up is viable. Markets today have been showing signs and with structure breaking lows. Fundamentals are backing the cause
The Fed is set to speak and possibly sound hawkish today. I am anticipating a drop in prices around the marked line.
based off my DXY analysis, GU is in correlation with it. And from a technical point of view, theres a break in trend.
in correlation with my DXY analysis, these are the possible trade entry setups for AU
Analysis is based on correlation with my DXY published analysis
DXY on the higher timeframes has shown us that we should be bearish. Taking it down to the 30minutes timeframe, we see that the drop is in motion but we are retracing to the grey area of liquidity.
GU clean setups. we wait for price action on key zones to confirm entries and direction too. TRADE WITH CAUTION.
Nas100 is in a bearish market. The safest trades are sells atm. Look for sells in the zone with a note. TRADE WITH CAUTION.
The pair has been ranging for a while and the price has shown a sign of reversal at the resistance zone.