Since the S&P500 is showing bearish divergences, we expect a return to the thin structures on the downside. A first potential TP is located at 5,530.50 points and a second TP results from the still open gap (TP @ 5,464.50).
Today is the day: Perhaps the most important company in the world presents its quarterly figures - NVIDIA! In an already volatile market environment, erratic movements are guaranteed. Can NVIDIA meet or even exceed the high expectations? More importantly, how will the share react? Open divergences in the DMI (not shown, as M5) provide us with a clue: This shows a...
Wow! What a dump in SMCI! Is the share now at the end? Possible, but unlikely. In our view, the massive sell-off offers the opportunity for lucrative long trades. We are waiting for a short dip below the USD 400 mark. We choose a conservative TP at USD 484.95 and an aggressive TP at USD 673. Both targets give us extremely lucrative RRRs.
A simple roadmap for the NASDAQ for the next week or two, derived from volume zones in the NQ: We could hit the targets below (short term) with the NVIDIA numbers. We then expect significant gains in the NASDAQ with a recapture of the 20,000 point mark.
It is not easy for the bulls in the USDCAD at the moment. Since the reversal candle on August 5, 2024, the price has only known one direction: down, without any significant corrections. Is now the time to go long USDCAD? In our view, this would be premature. We assume that the price will test the area of just under 1.33 before there is a significant return to the...
This is a simple gap play to an open intraday gap at around 19,630 in NQ. First, we want the market to move down a bit to optimize our RRR.
After a brief period of weakness on Tuesday, the S&P 500 is showing signs of strength again. The market established higher highs and was able to prevent a slide below the 5,550-point mark. For this reason, we remain bullish on the S&P 500 and expect the 5,700 mark to be reached soon.
Please note: This is an If-Then setup in the NVIDIA stock. The share price fell quickly and dramatically today. So drastically that the price fell below the low of the value area of the last upward move. This situation offers us the opportunity for a short term long trade We enter this trade under the following condition: We wait for two closing prices within the...
The NASDAQ stalled significantly today at the 61.8% retracement of the downward movement since July 2024. The momentum of the price decline and the inability of the index to recover towards the evening indicates the start of a new phase of weakness. At the same time, there are increasing signs that a pronounced bear market is establishing itself in the NASDAQ and...
Within 14 days, NVIDIA shares have gained more than 43%. The normal madness of the tech star of the last two years. A new ATH has been set. Now... We see things a little differently. We are currently assuming that NVIDIA (like the market as a whole) is setting up a bull trap. However, we initially expect NVIDIA to rise to the USD 132 area before the price turns...
Long idea for the Dow Jones: The overriding trend is upwards. The weekly trend usually continues on Fridays. The RRR of 1:1 is acceptable and worth a try.
In Bitcoin we find a very pronounced, hidden bearish divergence. The on-balance volume is trading at a higher level than at a BTC price of almost USD 69,000. These hidden bearish divergences tend to result in significant price losses. Experience also shows that the more pronounced the divergence, the greater the price losses. Against this backdrop, we expect the...
The recent rise in gas prices is likely to be due to a technical reaction to the previous downward trend and the geopolitical situation. Since it is well known that "the trend is your friend", the question arises as to possible price targets for any long trends. An area of several open intraday gaps from mid-July 2024 is a good place to start. If we choose this...
This setup takes advantage of strong hidden bullish divergences in the USDJPY in the H4 to H10 timeframes, i.e. in the large timeframes. I have refrained from showing the OBV here so as not to distort the chart too much. In this trade, we use the fact that there is still an unfinished auction in the area of the price target and that there has been stable buying...
Another short setup based on a hidden bearish divergence in the OBV. We also expect price losses in the Health Care sector in the medium term up to the range shown.
Ocugen found clear buying interest in a support area, where the price also closed an open gap. As there are still net long positions at the highs of May 2024, we expect Ocugen's price to rise significantly in the near future.
In this setup, we take advantage of a pronounced bearish divergence in the Amazon share. We are not targeting the low of August 5, 2024 as the price target for a short position, but rather the wick of August 6.
An impressive bull rally in the NASDAQ, isn't it? However, the extreme hidden bearish divergences in the OBV are striking. It is rare to see such an extreme divergence and all buyers should be warned. The NASDAQ is currently reaching the first significant resistance level. It will be interesting to see how the market will behave at this level. The divergences...