priceactiontds

priceactiontds

Good morning and i hope you are well. This week bulls took over again and nasdaq e-mini futures printed a new all time high. After last Thursday and Friday, which gave good looking buy signals, this weeks follow through was expected. As mentioned during the week, i don’t expect much higher prices and that we will form a top here before we trade down over the next...

priceactiontds

Good evening and i hope you are well. wti crude oil Here my commentary from last week: If you have read the gold one, this one is self explanatory i think. Market is compressing prices and will soon break out. Which direction? Guess. Your’s is as good as mine. I won’t say more about it. Breakout will come soon, so if you haven’t played the range so far, you...

priceactiontds

Good evening and i hope you are well. Here is a quote from my substack on Monday about oil: "Most interesting market today. I do believe its a breakout of the bear channel, beginning 2023-09, if bulls can generate follow through tomorrow/Wednesday. The trend line on higher time frames is more of an area than a narrow line with exact prices. But we are there and...

priceactiontds

Good evening and i hope you are well. Clickbaity question in topic got you, don’t you deny it. I’m sorry. So i give you my tl;dr first, then you can decide if you want to read through this. I do think the chance that the high’s are in, is greater than that we print higher. Well, why not a yes or a no? Because we are trading and it’s a game of odds and not...

priceactiontds

not breaking down means acceptance of higher prices Good evening and i hope you are well. Markets can’t print lower lows and i will stick to my bullish thesis for another leg upwards until bears do. Another day at the highs raises the odds for the bulls, not bears. The rally looks bigger in this chart than it is, we made 26 points from the low, so don’t get...

priceactiontds

Good evening and i hope you are well. After such strong rallies, markets tends to form trading ranges instead of another trend in whatever direction. So today, we chopped back and forth. Which is bad for the bears because that means acceptance of higher prices. Only question is then, how high? Most indexes have obvious targets above, which i gave in my weekly...

priceactiontds

As long as this does not have a bear close below the 15m 20ema, it's a buy and only buy. Bears might soon step aside and we pop up big again.

priceactiontds

Good evening and welcome to the 2024 early bull games. Something like that bears must have felt thursday and friday. S&P500 & Nasdaq futures are breaking out big time and are on their way printing new all time highs. That being said i still think the moves are part of their respective monthly trading ranges and we won’t trade far above. dax cfd Dax was early...

priceactiontds

Good evening and i hope you had a good trading day. Bulls took over in the globex session and we never looked back. Yesterday i said in my short term outlook that we go up and we did. nasdaq e-mini futures Most bullish indix of em all. Many of the same as dax for today. Nq just reached higher prices. We are trading 38 points below the december high and i...

priceactiontds Updated 

Good Morning, i could see dax breaking out of this bull channel to rally upwards. I'd look only for longs here. Here is my recap from yesterday after hours to give more context: Let’s look at the 1h tf because today closed 10 points above the opening price. That tell’s you enough. Opex sold off 100 points to eu open and bulls could not get this above 16560....

priceactiontds

Good evening and i hope you are well. We continue the big downs and big ups. Both sides can make money yet bears manage to make lower lows and lower highs. nasdaq e-mini futures Tricky. Bears making new lows but bulls buying it all and closing at the highs. Yet they did not manage to trade above yesterdays open and the globex high. I do think the move from...

priceactiontds

best guess is the red channel could hold for bears. got a dip below and now we test the top to make a lower high. it's a weak bull channel upwards. target is also around the daily 20ema. big sell off into close would be nice.

priceactiontds

Good Morning, sp500 is currently selling off during globex before the EU session but we are right at multiple support levels and the daily 20ema. If bulls can hold it above 4770, odds favor continuation of the trading range and we might go up to at least 4800 again. If bears can push this below, next target would be 4750 for me. There market has a chance to...