Xauusde
Amazon (AMZN), DJI, IXIC, SPX, XAUUSD, USOIL - December 21Hello?
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It remains to be seen if any attempts to break above the downtrend line (2)-(3) with support at around 3176.40 around December 24 can continue.
If you get support above the 3294.62 point, you'll have to see if there's a move to update the New High.
If you fall below the downtrend line (4), you can touch the 3008.91 point, so you need to trade carefully.
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(DJI 1D chart)
It started with the gap (30303.4-30314.3) rising and closed at -0.41%.
It remains to be seen if the index can be maintained above the 29933.8 point.
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(IXIC 1D chart)
It started with the gap (12764.7-12804.9) rising and closed at -0.07%.
We need to see if it can rise along the uptrend line (2).
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(SPX 1D chart)
It started with a drop in the gap (3722.5-3722.4) and closed at -0.35%.
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(XAUUSD 1D chart)
We have to see if we can ascend above 1899.330.
You should watch as you can break above the downtrend line (5)-(6).
If you can't break the downtrend line, you can touch the uptrend line (4), so you need to trade carefully.
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(USOIL 1D chart)
We have to see if we can ascend above 49.17.
You also need to see if you can move up along the uptrend line (3).
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** All indicators are lagging indicators.
So, it's important to know that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)