AMEX:SPY May 9,2024 15 Minutes. No trade day. Neither the sell below nor buy above was triggered. Uptrend looks like getting sorted out. AMEX:SPY has moved from 503 to 518 levels. And yesterday gap down open after 3 days of gap up did not hold. The first in 15 minutes gap down had close near top of bar and never broke the low during the day. We have 100...
TLRY has resistance cloud that also aligns 3.35 strong resistance, consolidation for few more days/weeks. Once the 3.35 resistance is taken out then 4.49 and 9.97.
AMEX:SPY May 8 ,2024 15 Minutes. As expected, AMEX:SPY was in sideways. Forming a HH, HL pattern. For the last rise from 514.89 to 518.87 it retraced 61.8% yesterday around 516.5 levels. So, for the day I will buy above 518.6 and sell below 515.6 for a target 513.5 to 514. I expect a move only above 520 at the moment. Need to cross the 519-520...
Bitcoin has moved sideways since the end of February, and the cryptocurrency may face a big test soon. The first pattern on today’s chart is the $69,000 peak from November 2021. Prices inched above this level in March and April but failed to hold. Traders may next view a return above the old highs as a bullish signal, while remaining below them could make the...
Bearish trend was broken on Daily and Weekly last week, which made the Market bullish again Market Structure Bullish on HTF Weekly and Daily at the same AOi Weekly Rejection from AOi Previous Weekly Structure Point Daily Rejection Candles Daily EMA Retest Previous Daily Structure Point Around Psychological Level 0.81500 H4 EMA retest Candlestick Rejection at...
Potential Short term Buy on Lower TF Overall Bearish Market on the higher TF. Pay attention to the market structure & price action.
GME is printing a quadruple inside candle on the daily chart. Also holding right above the 200 EMA on declining volume. Due for a move one way or the other. 22% short float, so my guess is up, but we'll see!
Bitcoin is in a tricky place right now. The fear and greed index has cooled off massively and now sits at a neutral score of 55. General sentiment is very poor and after nearly 2 months of sideways action traders/investors are getting restless especially after the promise of price rally post-halving, but is there any positive news? The chart is pretty clear, HTF...
The Reserve Bank of Australia raised its 2024 inflation forecast on Tuesday and appeared more concerned around achieving its 2-3% target. Despite considering the case for a hike, policymakers decided to hold rates at 4.35% for fourth straight meeting. The Aussie reacted lower, as markets likely expected a more hawkish language from the RBA, given the upgraded...
4h BTC DCA entry $39866.60 DCA Summary for BTC Assumptions: Initial price of BTC: $46,666.66 Next possible short-term DCA entry price: $39,866.60 Current market price: $43,006.66 Calculations: As the current market price ($43,006.66) is higher than the next possible DCA entry price ($39,866.60), buying now wouldn't contribute to lowering...
NSE:CIPLA Day TF Healthy Hammer candle formed in day 15 Min TF Price is under consolidation which is very good sign for further movement Price has rejected from support level. Price has reacted well with 200 EMA & 50 EMA today. Good Recovery after 10 AM Buy: Risky trader: Buy at 1428. Target 1% Direct Gap-up entry should be avoided Get confirmation...
Looking at the 4h and daily time frames we can see that price has bounced/rejected the 382 fib level and could be looking to push higher. There was a small order block below around 2310 which price headed towards before making a reversal. This area presented the 382 fib level which has had some short term rejections. With this, the 382 is likely to predict a 618...
Looking at the daily chart, it seems like the short term momentum is waning a little. PPM1 is on its way down and has just crossed its first derivative, suggesting we have at least temporarily topped. The 10 SMA is also showing downside movement. The PPMs 2 and 3 are still holding on it seems. So are the upward slopes of their respective SMAs. So we could get...
AMEX:SPY May 7,2024 15 Minutes. AMEX:SPY managed to stay above 510 levels. Now we have 100 and 200 also near 510 levels. Now holding 513 levels uptrend intact. 513 is the 61.8 % retracement for the fall 524.61 to 493.86. 510 is important because it is 38.2% retracement for the rise 599.55 to 516.61. For the day holding 514 levels i have a target 518-519...
Here's a set up that will be meaningful: NASDAQ:TLT breaking out through the downtrend AND weekly EMA30. The area to watch in the green box 👁️✍️
If you haven`t bought MA before the previous earnings: Then analyzing the options chain and the chart patterns of MA Mastercard Incorporated prior to the earnings report this week, I would consider purchasing the 457.5usd strike price Puts with an expiration date of 2024-5-3, for a premium of approximately $5.95. If these options prove to be profitable prior to...
The 21 week MA was tagged last Wednesday for CRYPTOCAP:BTC Watching the 21 week SMA & 50 week SMA can serve as a great medium term risk gauge for Bitcoin Crosses of these moving averages have been decent 🟢buy &🔴sell signals to date The 21 week SMA held for the 2015/17 bull run, and it holds today. All the same I would not be surprised to see price...