RabishankarBiswal

RabishankarBiswal

Something is brewing up in this ratio chart between NASDAQ100 vs US10Y. We see in our ratio chart on a daily timeframe, that the 20 Day DMA is already below the 50 DMA and 100 DMA and on the way to be below 200 DMA. The last time it did this in April 2024 it was an bullish indicator. The assessment is that the 20 DMA first goes below 200 DMA in the next couple of...

RabishankarBiswal

Even if the XLK (Tech sector ETF) hitting all time highs. But within the sector we see major rotation from Semis to Software to Cyber security. Last 6 months the Semis underperformed the Cybersecurity sector. But this has flipped recently on the daily basis. There is a bullish head and shoulders pattern forming on the SMH / HACK.

RabishankarBiswal

Total 3 Crypto Market Cap excluding #BTC and #ETH trying to breakout of the previous highs of Oct 2021 during the prior Alt season. Already did try a failed breakout once. Will it succeed the next time ? For this to happen the big caps #SOL , #BNB and #XRP have to outperform.

RabishankarBiswal

Bullish cup and handle pattern on BTD Dominance / USDT Dominance ratio chart on a daily basis.

RabishankarBiswal

BTC Dominance chart on a daily basis was on a upward sloping channel with higher highs and higher lows. But the chart has now broken down out of the pattern to the downside. May be 61% was peak for this cycle. What do you think ?

RabishankarBiswal

US10Y in a bearish channel. Will it breakout to the up side or respect fail and break towards the downside?

RabishankarBiswal

EURUSD shots position have build up in the recent weeks. EURUSD can have a positioning risk reversal which makes it short term bullish but in medium to long term the chart is in a bearish trend.

RabishankarBiswal

NVDA finding support at 130 $ which happens to be 100 DMA.

RabishankarBiswal

Seems price have memory. This 22 years chart of SMH vs IGV shows failed breakout of Semis vs IGV on a monthly basis plotted over 22 years. Will it breakout this time around after a 22 years base building ? Can NVDIA and AVGO help ?

RabishankarBiswal

As NVDIA and Broadcom expand their domination in Semiconductor sector the Market Cap weighted Index is making an ATH against equal weighted index.

RabishankarBiswal

Can S&P 500 have a bullish run with semis not participating in it ? Bullish head and shoulders on SMH vs SPY. Semis are the new Transports.

RabishankarBiswal

Can markets rally without Semis participating in the rally ? It is clearly forming a bullish wedge on the daily. #SEMI are the new Transports.

RabishankarBiswal

ASML in a bullish channel after consolidating for more than an year.

RabishankarBiswal

Double bottom forming on SPY vs Nifty 50 on a weekly chart. Probable outperformance by Nfty 50 in a short to medium term basis.