The Russell 2000 (US2000) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,044.43 which is a pullback resistance. Stop loss is at 2,070.00 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 1,966.22 which is a swing-low...
The S&P futures is quite weak after strong USD retail sales data. This move opposes a rational reaction to data that came out better than forecasted by a good margin. The market is pulling back and continuing the bearish momentum from the previous week. This may have to do with the conflict between Israel and Iran, this retracement back down. Oil is pushing up and...
As in previous post on Sunday - So we have dipped our toes into the weekly fvg May leave a low in place here to raid it again later, want to see weekley CE respected.. as its London and Monday this could be the judas swing... wait for more info and cme or 830 open. Any Longs from me will need market to show displacement on 15min or 1hr tf... no rush
15min Bearish range, still looking to short within range of POI's, fundamentals is key tho. POI's for LONG/SHORT marked out
The S&P 500 (US500) has made a bullish reaction off the pivot and could potentially rise towards the 1st resistance. Pivot: 5,117.40 1st Support: 4,956.50 1st Resistance: 5,263.47 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
The DAX (GER30) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 18,182.57 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 18,460.00 which is a level that sits above the 61.8% Fibonacci retracement and a pullback resistance. Take profit...
The Russell 2000 (US2000) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,054.82 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 2,110.00 which is a level that sits above the 61.8% Fibonacci retracement and a pullback...
Here is a perfect SELL opportunity for the HK50... You can see the market has not broken pass the trend line to the upside for over ONE YEAR! The other support trend line has been broken which indicates that the market will continue to head towards the downside... The current price also rebounded off the 61.8 fibonacci level which is a huge sign that the HK50...
Technical Analysis and Outlook: The Spooz continue to experience a severe drop in this week's trading session, hitting our two Mae Sup levels: 5150 and 5120, respectively. The current price action indicates that the market will pursue an upside movement to target our Mean Res 5208 and beyond. On the downside, Spooz may continue on a downward spiral to the Mean...
Traders, In today's trading session, our attention is drawn to US30, where we're closely watching for a potential selling opportunity around the 38800 zone. US30 is currently navigating a downtrend, with a correction phase underway as it nears the critical support and resistance area at 38800. Adding depth to our analysis, it's crucial to consider the broader...
Hey Traders, in the coming week we are monitoring US500 for a selling opportunity around 5200 zone, US500 is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 5200 support and resistance area. We would also like to consider the current bullish momentum on the dollar, due to the negative correlation a strong...
Based off Sci's ICC trading concept. Indication - Correction - Continuation NAS created a new low below 17900 (Indication), then corrected to 18360, which created lower low. With price failing to make a new high/ break the previous highs, sells were possible below 18175 (Continuation) to the low that was created. Will monitor price in the new week and consider...
The fractal pattern on the charts is nearly identical, and after the crash we saw today in the crypto markets, this could be a precursor of what's about to happen in the Equities, and Futures Markets. I would be very cautious right now! I'm completely out of the market, with the exception of long-term crypto holdings. Good luck, and run a tight stop-loss!
Hello Traders ! Yesterday, The Dollar Index Broke The Resistance Level (104.976 - 104.810). This Resistance Level Becomes a New Support Level ! So, I Expect a Bullish Move 📈. ---------- TARGET: 105.770🎯 Previous Analysis:
The DAX (DE40) is trading within a bearish channel and is rising towards the pivot which has been identified as a pullback resistance. Could this index stall around this level before potentially reversing to resume the downtrend? Pivot: 18,203.60 1st Support: 17,888.30 1st Resistance: 18,422.50 Risk Warning: Trading Forex and CFDs carries a high level of risk...
SPX500 could fall towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 5,111.36 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 5,050.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at...
The VIX’s structure with higher peaks and troughs became distorted after the FOMC meeting. Despite this being a positive development for the markets, it might be proper to stay attentive to the VIX for a couple more days to watch out for any potential rekindling of volatility. Illustration 1.01 Illustration 1.01 shows the daily chart of VIX. The yellow arrow...
Well, as you can see Dow Jones in the daily chart swept the liquidity and created a new all-time high, then had a bearish reaction and shiffed the market structure as well. after that, the price had a retracement from a bullish FVG to a bearish breaker block and continued to the sell side. For now, there are two different bearish scenarios which I follow the...