simtrader19a

simtrader19a

Breadth Charts are utilized to ascertain by percentage the number of stocks within the index are above or below the relevant moving average This example reflect NASDAQ COMPOSITE with Breath chart 20/50/200

simtrader19a

Breadth Charts are utilized to ascertain by percentage the number of stocks within the index are above or below the relevant moving average This example reflect US100 with Breath chart 20/50/200

simtrader19a

Breadth Charts are utilized to ascertain by percentage the number of stocks within the index are above or below the relevant moving average This example reflect SPX500 with Breath chart 20/50/200

simtrader19a

SPX500 chart with 20/50/200 breadth indictors This tool is used to determine percentage of stocks above or below respective moving averages for relavant instrument

simtrader19a

In order to ascertain where the economy is bonds are used as a key element, as they reflect there respective interest rates, etc Compared the bonds movement against either a index or currency this can be used to ascertain a form of macro perspective

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Compares the US major indexes to ascertain with index has strength / weakness Includes the US Dollar Index ( DXY)

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AU200 Index compared against Australian Volatility Index (XVI)

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Looking at the MACRO Fundamentals from a bond perspective we can see yields increasing. Taking this into account you are getting a better yield investing in bonds compared to SPX500 returns due to uncertainty in the market Bonds have two elements being yields an the inverse being price , when yields rise price goes down. When the fed commences the pivot you...

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Looking at price action we see that NASDAQ 100 has bounced of strong demand level, and appears to be making a pullback to retest supply level. Taking this into account we can anticipate what appears to be a making of Head & Shoulders pattern, if applying macro fundamentals one may expect bad earnings of missing expected earnings or downgrades which would be the...

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We can see price action hitting a strong supply level which would complete the corrective pullback before the next impulsive move down occurring, I suspect this will occur because of either downgrades or estimate being missed during next reporting session. Lets see what happens

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Price has broken trend and currently conducting a pullback which is making a diamond pattern . Applying the rules of this pattern we can see a target area which may return a good risk/ reward

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Waiting for the trend line break for entry to meet criteria of Diamond pattern

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Due to chaos in relation to Silican Valley Bank and another bank following it footsteps, fear has entered the market which has resulted in capital being withdrawn from stocks and bond buying volume increasing. This has caused the bond yields to drop rapidly and DXY to follow. resulting a nice setup to short USDJPY, sellers at supply area in a downtrend

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Price has broken trend to confirm entry for Diamond pattern

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We can see price has tested Supply level and now conducting a pullback This will make a nice Wykcoff entry to next supply level intend entering on smaller time frame

simtrader19a Updated 

Gold has broken trend line and expected a minor reversal to retest previous demand before the next impulsive move to next supply area

simtrader19a

Looking at the DXY, we can buyers have come into the market hence why majors and indexes have dropped this week. Strong supply area lays ahead

simtrader19a

Looking at the NASDAQ Index , we can see price is at level of supply and sellers have come in to form a cluster at this level A trader/ investor could conduct an aggressive entry as we have divergence on smaller time frames or wait for trend line break highlighted on daily chart for next impulsive move down to next demand levels. This technical setup is being...