TheTradersBias

TheTradersBias

The rally in LTCUSD looks quite nice. Almost ready to confirm a reversal on the monthly. Too soon to call yet but going in the right direction.

TheTradersBias

DAX rally has stalled at the weekly resistance. DAX is one of my favorite of all the indices. Might pull back and then have a run at the resistance again.

TheTradersBias

Missed the stock. Saw a lot of hype about the drug the last couple of years. Would have loved to have long dated options on it. Will be interesting to see what it does.

TheTradersBias

The Nasdaq has also had yet another key rejection. I was expecting there was enough of a base to see a breakout.

TheTradersBias

We have had yet another rejection off the key down trend line. Very interesting. Making for some great trading to kick off the year. Just have to see.

TheTradersBias

US 2 Year Yield seems to have confirmed a reversal on the weekly which in turn seems to have given stocks and crypto some cause to rally. Too early to say yet if it will be sustained. Lets see if we get a continuation.

TheTradersBias

Could risk be back on in crypto 2023? Bitcoin has picked up on the rally in tech stonks. Its too early to say if this will be sustained but there is some evidence of a key support forming. Lets follow and see if we get confirmation. I can easily see an epic rip your face off rally in crypto later this year depending on economic factors. I am a short term trader,...

TheTradersBias

Ethereum seems to be holding weekly support. Could be a few months before we can look for confirmed bottom. People have completely stopped asking me about crypto so that is always a good sign of a bottom in most things. Lets see.

TheTradersBias

Litecoin has held the key support. Looking for monthly MACD to cross up to confirm. Early days but could be epic rally coming. Target up to the Kijun @ $228

TheTradersBias

Bitcoin waiting to see monthly stochastic cross up. Could be a long term support area. Possibly by mid year we could see a turn back up. I am expecting there to be some epic short term opportunities this year in the alt coins.

TheTradersBias

Nasdaq weekly has put in what could be a weekly double bottom. Not confirmed yet. Weekly stochastic still strong down.

TheTradersBias

Breadth struggles to recover back above the key level. It looked like there was a confirmed reversal of the dowtrend in SPX to end 2022 but it could be in danger if the heavily anticipated Fed pivot does not materialize soon.

TheTradersBias

This melt-up in the 2yr has seen the breaks put on in the stock rally. Have to see how things look after January. The Fed might remain more hawkish for longer than expected.

TheTradersBias

Gold on key resistance ahead of NFP. Have to see what the USD does the week.

TheTradersBias

Copper is gaining back some ground as the dollar slides.

TheTradersBias

Nasdaq having a go at the key resistance again. This time off a double bottom which is one of my all time favorite patterns. See what happens.

TheTradersBias

The $USD was fun on the way up but much more fun on the way down.

TheTradersBias

DAX has had a strong recovery back to resistance. One of my favorites to trade. I have made truck loads off the DAX over the years.