NASDAQ FORECAST: ENJOY W CAUTIONPotential NAS100 Movement. Use confirmation factors to enter.Shortby Pfunzo_MNP10
Weekly Forex Outlook Sun.June.9.2024 - Fri.June.14.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion05:06by unkn0wntrad3r111
NAS Buy Idea 5/19/24Looking for NAS to pull back no farther than the somewhere around 18168.8 (Mid-Point of the weekly consolidation + monthly bullish channel mid-point) and then continue bullish to the top of the weekly bullish channel that price is currently in around 19044 **This is for educational purposes only and this is not financial advice because I am not a financial advisor.**Longby cecediditUpdated 3
Daily market analysis Monday 10th JuneDaily Show on NIFTY, BANKNIFTY, FINNIFTY and USDINR, where we try and predict the market direction for tomorrow by technical analysis, Open Interest (OI) data analysis, FII DII data analysis and much more. This show gives insights into the market and is especially useful if you are a beginner who has just started options trading and wants to learn how to trade using price action and other chart techniques. Disclaimer: This is not an investment recommendation, advice, research report, or stock tip of any nature. We are doing this only to understand how to read derivative data and perform technical analysis. Strictly for educational purposes only. #nifty50 #banknifty #nifty50prediction #usdinr #optionstradingstrategy #technicalanalysis #tradingforbeginners #niftyprediction #sharemarkettrading #marketpredictiontoday #priceaction #usdinrprediction #niftytechnicalanalysisfortomorrow #tradingchartanalysis #usdinrtradingstrategytomorrow #openinterest12:30by littlesubham3
Dollar analysis and movementI gave my last analysis on Gold which explains the fundamentals and technicals of where I expect to buy gold in other terms when do I expect gold to drop and pick back up. This dollar chart is completely aligned with that idea as well. To quickly summarize my view on Dollar though, I expect DXY to move higher as I believe we're not getting any cuts this year at least not until 2025 and I also believe other central banks such as the BOE and ECB will start cutting before the FED meaning in this high inflation environment in the USA, the dollar will maintain its strength as investors will continue to move tho that currency. Many other factors are taken into account here such as political and geopolitics but this is the main impact I wish to concentrate on. Something very important to mention as well is the amount of money that was injected in the US economy, it is a never seen before situation that is being manifested in this sticky inflation we've been seing for the last several months. Anywho, those are my thoughts mixed with the technicals above, Let me know what you think. Longby JayeUpdated 0
DJ30 New Key Levels Trend AnalysisWhen you look at the daily range on DJ30 you can see that those zones ( horizontal blue) do not offer clean entries, because they are being honored. But we get a clear direction and momentum and even though there is no clear RSI value, instead we have much volatility and a diagonal trendline being supported various times. The less distant it bounces from the trendline, the weaker it gets. Pay attention to the new trendline that has been created. It might not be very accurate yet, because we have little data. But this is how it could possibly look like if this continues to drop...DShortby Underlayer1
S&P500: Is approaching the a significant support areaHey Traders, in the coming week we are monitoring US500 for a buying opportunity around 5240 zone, US500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5240 support and resistance area. Longby JoeChampion227
UK100UK100 right now in bearish trend as price printing higher lows and lower lows, trade plan mentioned on the chart.Shortby AsifAwan112
NASNAS100 is in strong bullish trend, most probably chance price will continue it's momentum as price respected the support.Longby AsifAwan110
SPX rising wedge into electionsClear rising wedge here supporting a slow summer meltup continuation into 5555-5638 area before election / breakdown before election Plan is to play the wedge for continued upside into 5555+ Will flip short if 5179 is lost. If 5179 falls then a short to 4750-4820 begins.by Jovan888110
US100 Is Very Bearish! Short! Here is our detailed technical review for US100. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 19,056.1. Taking into consideration the structure & trend analysis, I believe that the market will reach 18,811.5 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 4426
US30 longWeekly; Price has closed above 38,500 level which is massive zone of liquidity Price has formed a head and shoulder. This indicates that price is headed upwards to 39,100 which is the next daily level Daily; Price has closed above 38,500 or 38,550 which is a massive buy area. It has retested that same zone twice with two candlesticks. If you zoom in on the wicks you can see that yesterday's candlestick formed a higher high in comparison to Monday's candlestick. This indicates that price is going higher. 4 hour; Today price has continued its upward momentum, however, price is slowing down. Moreover, if I intuitively think about it, price is trying to go higher since there would be no reason for today's momentum to continue going higher, if there are no orders or momentum. The slowing momentum tells me that price does not have enough orders to go to 39,100. So if we zoom in and look for areas of possible entries, there are some. First of all the daily body closure at 38,550 is a massive area of buying liquidity. It is also in sync with yesterday's 4 hour region that retraced to go and collect orders at 38,450. The highest probability entry would be if price tested 38,550 and formed a buy formation 38,625. Another possible scenario is if price manages to close above 38,815 and retests it to confirm my bias, which will see me buy to 39,050. Longby kingmwenjaUpdated 1
DXY - Daily start of bullish legThe Dollar Index (DXY) has experienced two significant bullish legs followed by pullbacks. Currently, it is at the end of the most recent pullback. Notably, the falling momentum appears to be weakening, as evidenced by the shorter and less intense downward legs during the pullback phases. This weakening momentum suggests that the bearish pressure may be subsiding, and the DXY could be preparing for another upward movement. As illustrated on the chart, the previous pullbacks were marked by substantial declines. However, the current pullback is characterized by weaker downward legs, indicating a potential shift in market sentiment. This could lead to the DXY resuming its bullish trend if it manages to break above the recent resistance levels. Traders should closely monitor the price action for confirmation of a reversal, which would be supported by stronger bullish legs and the continuation of the uptrend.Longby Sober_TradingUpdated 1116
S&P 500 Daily Chart Analysis For Week of June 7, 2024Technical Analysis and Outlook: In this week's trading, the S&P 500 hit our anticipated resistance level of 5323 and retested the completed Outer Index Rally of 5342. The index is prone to drop to Mean Sup 5325 and possibly to the next level of Mean Sup 5285 before continuing its journey to the next Inner Index Rally 5408.by TradeSelecter2
BULLISH MOVEMENT!!DXY ended the week with a bullish engulfing candle, respecting the support level around 104.000. Predicting price will retest this level before continuing higher. Longby KJfx920
$DXY breakout?#dollar index, #dxy broke out the falling channel with yesterday's dump on assets like #gold #silver #btc thus, money has flown into #usd .DXY did 2 fake outs in a month. If this is a real breakout, all markets, #currencies #altcoins #metals #commodities #crypto etc. may taste a blood bath period. Not financial advice.Longby naphyse0
Tasi BearishTasi Takerout bsl create imbalance,breaker,target monthly fair value orders overlapping fair value gaps.Shortby Asif_Crypto1Updated 0
Dollar Move - BullishTRADE June 1, 2024. Expect a run on sellstops and then a bullish move thru 107.000 Buy Program unfolding on D1. Next week BUY signal and SHORT for Fiber and Cable. Longby YugoQuinTaNaUpdated 776
Nifty nearing Channel top again, Can it break the glass ceiling?Nifty is nearing the Channel top again, Can it break the glass ceiling is the question the current top of the channel remains somewhere between 23303 to 23422. If we get a closing above 23422 the floodgates / glass ceiling towards new Nifty highs will be broken. The door towards new record highs of 23772 or even 24369 will be open. In case Nifty is not able to cross 23303 or 23422 the support levels for Nifty will be at 23091, 22793, strong support of 22762 (50 hours EMA) and 22580 even stronger support of (200 hours EMA). Nifty rally turns negative and bears come out of comma if we get a closing below 22500 (Very unlikely). In that case bears can drag the Nifty towards 21984 or 21577 region. Longby Happy_Candles_Investment3
S&P IS Ready To Complete Impulsive WavesThe 4hr time frame of S&P 500 chart shows a healthy bullish trend line. IT has completed the forth wave and is ready to complete the fifth. The targets are: 1. 5400 2. 5450 3. 550 Longby Masoud402114
NAS100Continuation as per previous post.history repeats ,more upside predicted for the nas100 over the upcoming weeksLongby roscarlo2
SENSEX S/R for 10/6/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh1
MIDCAP NIFTY S/R for 10/6/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.Nby zenthosh3