TradingIndian

TradingIndian Updated 

Happy Mid Week Day, Happy Wednesday, Happy FOMC Day, NASDAQ has given up 13570 level which was vital turning point. Break of 13530 & 13480 will open downside. Reversal from 13530 & move above 13620 means we are in another bull run to 14k Line in the sand is 13570. Macro US Retail Sales, FOMC Buy Break: 13550, 13645, 13750, 13900 Reversal: 13460,...

TradingIndian Updated 

Happy Mid Week Day, Happy Wednesday, Happy FOMC Day, Dax managed to touch 61.8 retracement at 13968 of recent down move. If support at 13852 holds, it can go to 14373 Line in the sand today stands at 13852 Macro EU GDP, US Retail Sales, FOMC Buy Break: 13990, 14065, 14160 Reversal: 13900, 13840, 13800, 13750, 13690 Sell Break: 13915, 13845,...

TradingIndian Updated 

Happy Tuesday, Wisdom: The greatest secret of a successful trader is letting market be what it is instead of what you think it should be, and then make the best of it. So stop fighting for bulls or bears and make money. Line in the sand today is 13646. Bulls want to keep it above that and go on to break 13680, 13710 & 13740. Bears are looking for 13590, 13560...

TradingIndian Updated 

Happy Tuesday, Line in the sand for Dax is 13850. However, for the rally to continue 13900 has to break. Bulls need to defend 13810 & 13780. Bears need to take out 13730 Macro : EU/DE Zew Survey, US Building Permits, Housing Starts, CAD CPI Buy Break: 13860, 13920, 14010, 14070 Reversal: 13800, 13740, 13690, 13600 Sell Break: 13820, 13760,...

TradingIndian

This is the first daily analysis and day trading plan for SPX. I am already publishing NASDAQ & DAX daily trading plans here >> NASDAQ DAX Line in the sand for SPX is 4280 but 4300 is too close so it is more like a zone of 20 points which is quite evident. The hourly bull flag is still in tact as long as Demand Zone 1 holds. Macro US Building Permits,...

TradingIndian Updated 

Happy Monday, Happy New Week, Nasdaq is technically in bull control. The line in the sand is 13450. Macro Nothing of significance today Buy Break: 13560, 13650, 13740, 13825 Reversal: 13450, 13370, 13265, 13180, 13110 Sell Break: 13470, 13380, 13290, 13200 Reversal: 13570, 13660, 13750, 13840, 13930 Green Goblin levels are here...

TradingIndian Updated 

Happy Independence Day to all my Indian brothers & sisters, It is peak of summer vacation in Europe so expect choppy jumpy moves Macro Nothing of great significance today Line in the sand for DAX is 13830. A break below will bring some selling. A move above 13870 may start another run. Buy Break: 13875, 13955, 13990, 14030 Reversal: 13795, 13715,...

TradingIndian Updated 

Happy Friday, Line in the sand for NQ_F today is 13300. Bulls want go above 13380 and bears to go below 13230. These 150 pts may end up deciding this battle. Macro US Michigan Cons. Sentiment Index Buy Break: 13380, 13430, 13500/20, 13580 Reversal: 13300, 13200, 13110/085, 13030 Sell Break: 13300, 13210, 13125/095 Reversal: 13380, 13450,...

TradingIndian Updated 

Happy Friday, Bulls are trying to reach for 14k handle while bears are barely holding their shorts (full on pun intended) Line in the sand for DAX today is 13580 Macro EU Industrial Production, GB GDP Estimate, US Michigan Cons. Sentiment Index Buy Break: 13690, 13760, 13830 Reversal: 13660, 13580, 13520, 13430 Sell Break: 13670, 13600,...

TradingIndian Updated 

Happy Midweek, Happy CPI Day, As mentioned in yesterday's analysis, DAX not being able to hold above 13680 was ominous Now a sustained move below 13440, break of 13300 will open it up to 12920. Will it happen today, we will see It still has chance to gain back above 13680 13530 is the line in the sand today Macro : DE HICP, US CPI Buy Break: 13550,...

TradingIndian

Happy Midweek, Happy CPI Day, As mentioned in the analysis yesterday, bears did try to bring NDX below 13k. Bulls have bearly (barely 😇) managed to push it back > 13k. Line in the sand today is 13070 for NQ_F Macro: US CPI Buy Break: 13060 13180 13265 13325 Reversal: 12995 12930 12850 12790 12720 12940 Sell Break: 13010 13945 13875 13800...

TradingIndian Updated 

Happy Tuesday, Macro : US Nonfarm Productivity, Unit Labor Costs NDX is making rounds in the zone waiting for either leak of CPI today and/or official CPI tomorrow NQ_F's line in the sand today is 13260. Bulls want to go above 13380 and bears want to push it below 13k handle. Buy Break: 13225, 13350, 13435 Reversal: 13090, 13000, 12930, 12860 Sell...

TradingIndian Updated 

Happy Tuesday Macro: US Nonfarm Productivity, Unit Labor Costs DAX not being able to hold 13680 and reach for 13780 is very ominous The consolidation continues with no direction yet. Line in the sand today is 13660 Buy Break: 13640, 13760, 13840, 13860 Reversal: 13640, 13450, 13390, 13325, 13200 Sell Break: 13650, 13550, 13460, 13400 Reversal: ...

TradingIndian Updated 

Happy New Week, Happy Monday, Nothing significant on economic calendar today. With academic vacation & summer in full swing, markets may range unless some geopolitical development happens. Line in the sand is 13180 Buy Break: 13260, 13350, 13420 Reversal: 13170, 13110, 13040, 13900, 12820 Sell Break: 13180, 13120, 13050 Reversal: 13300,...

TradingIndian Updated 

Happy New Week, Happy Monday, Nothing significant on economic calendar today. With academic vacation & summer in full swing, markets may range unless some geopolitical development happens. DAX is likely to 13580 & 13770. Breaking of those H or L will bring some movements. Today's line in the sand is 13620. Buy Break: 13680, 13750, 13820 Reversal: ...

TradingIndian Updated 

Happy Friday, Happy NFP Day, Macro : US NFP DAX's line in the sand today is 13600 - yesterday's low. Bulls need to defend that and close above 13670. Buy Break: 13690, 13725, 13770 Reversal: 13600, 13570, 13500, 13450, 13390 Sell Break: 13620, 13560, 13490 Reversal: 13680, 13720, 13750, 13850, 13930 Green Goblin levels are here...

TradingIndian Updated 

Happy Friday, Happy NFP Day, Macro : US NFP The real battle now in NASDAQ is to keep it above 13200 or bring it down below 13160. We saw this battle play out in the last 3 days. Is NFP a catalyst in breaking one or the other? This is one NFP where heart tells me to look for short trades and mind tells me to look for long trades. Buy Break: 13310,...

TradingIndian

Happy Thursday & Happy BOE day Momentum is bullish. We trade candles and not predictions. It doesn't matter what economic outlook is bearish if the Mr.market wants to go up. 13200 is our pivotal line in the sand. Buy above and sell below to get rich slowly. Macro: ECB Elderson Speech, GB BOE (everything), US Trade Balance, Jobless Claims, Fed's Mester...