CAPITALCOM:NATURALGAS is entering in strong seller territory again and it's going to be tough to crack the resistance above where we have 200 ema on the weekly chart with a total volume of approximately 513K orders of which sellers beat buyers by 39%. Right above that we have another 721K orders where sellers dominate by 70%. But contrary to last time where we...
FX:NAS100 dropped near 17.600 the previous Monday for Summer sell-off. Since that day it's been mostly bullish and recovering some of the early August losses. Currently the price is trading above 200 EMA in the 1h with the price approaching the 200 EMA at 4h. Could the recent upwards move see continuation with the index getting back into uptrend, or is this...
NASDAQ:QQQM has generated large profits since December 2022 with the market clearly being in an uptrend. It is normal and expected that strong uptrends will follow with periods of sell-off where investors start closing their long positions to gather their profits. However, when analysing the market at the higher timeframes it becomes apparent that as price moves...
PEPPERSTONE:NATGAS price after a 2 month period of gains followed by 2 months of losses appears to have found support near the 2.0$ area. It appears the uptrend in April-May is captured by the 3rd Elliott wave which indicates the highest possible advancement upwards while the loses during June-July can be captured by the retracement wave following Elliott's...
NASDAQ:CGC has made a sharp increase recently and the only news published are speculations based on American elections scenarios. Regarding the technicals, there appears to be a strong sellers orderblock between 8.50 and 9.05 and a bearish divergence can be observed with price not breaking above resistance while volume and momentum is decreasing at 15m chart....