NAS Long Term ThouoghtI'm just leaving this here as I thought about how I see NAS playing through the year. Will comment on how it plays throughLongby Rizq-FXUpdated 221
SPX ( ADP_ ISM )USSPX500 Tendency the price is under bearish pressure between 5,302 and 5,319 Turning level : The turning level between 5,302 and 5,319,so as long as the price below this level, there will be a bearish trend resistance level : Breaking the turning level 5,319 , the price will rise to 5,342, as long as the price stabilize this level ,there will be a new peaks support level : The trading stabilizing below 5,319 , the price will reach the support level 0f 5,241 and 5,193 corrective level : price will attempt 5,319 , correct itself before falling Economic :For today we have some news that will affect the market trend, such as ADP-ISM Shortby ArinaKarayi3
Dow Jones/US30 analysis Us30 looking for continues its uptrend... upper trend line breaked one more long move on its way ..1:3 RR MM is important 😋 Entry : 38750 SL : 38650Longby DNA_Trader_Officials1
S&P500 Short-term accumulation before strong rise.The S&P500 index (SPX) has turned sideways since practically May 16 and, supported by the 1D MA50 (blue trend-line), is consolidating. Even though this consolidation is taking place at the top of the 1.5 year Channel Up (Fibonacci 0.0 - 0.236 range), it is similar in some way to the accumulation of April - May 2023 (also a little like November - December 2023), which was again supported by the 1D MA50. As a result, as long as the price remains above the 1D MA100 (green trend-line), which provided the crucial Support on April 19 and started the recovery from the -6.65% decline, we expect a similar Channel Up to start when the accumulation ends. Our short-term Target is 5500 (top of 1.5 year Channel Up). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot19
US 30 Summer Rally Trade PlanAh, the sweet smell of summer! 🌞 While everyone else is hitting the beach, we're hitting the charts. The US 30 has dipped into a Daily and H4 Demand zone, teasing us with a lovely ChocH on the H2 Time frame. 📉 But don't fret! The low of 37,699.8 is our rock-solid structural low. If it gets taken out, we might have to rethink things, but for now, it's looking like a prime time for a summer rally! 🌴 Plan A: The Summer Sizzle ☀️ Buy from 38,187.5 and target 39,000! 🏁 We're betting on the sunny side of the street. If the price hits 38,187.5, we're jumping in with both feet and riding that wave all the way to 39,000. 🏄♂️ Plan B: The Backup Plan 📝 If the price doesn't cooperate and our buy limit doesn't trigger, we'll hang tight. Wait for a break in structure at this point, and we'll update our trade plan accordingly. Flexibility is key! 🧘♂️ Ultimately, we're looking to build on longs here to take out the highs. 📈 The Short Game: Not Just Yet! ⏳ Shorts on the US 30? We'll pass for now. 😅 Indexes aren't our favorite thing to short, especially with the summer vibes in the air. We're holding off until November. After this upside move, we'll get in long for the Santa Claus Rally. 🎅 So, pack your trading gear and let's make this summer one to remember! 🌞📊 Longby Mike_SnDUpdated 5
USNAS100 (Bullish Possibility after correction!!!)Technical Analysis the price reached around the resistance line and dropped to touch its support line, and again reversed so now the price is still above the support line, Bullish Scenario: As long as the price remains above 18435, it is likely to reach 18,735 and potentially 18,820. Bearish Scenario: A stabilization below 18435 would suggest a bearish trend, targeting 18235 and 18150. Pivot Line: 18435 Resistance Levels: 18650, 18820, 18940 Support Levels: 18250, 18140, 17880 Today's range is expected to be between the support at 18235 and the resistance at 18940.Longby SroshMayiUpdated 9
Small-cap´s time will come!I think that russell is quite a good bet right now. both in terms of value, but indeed also technically.Longby ScienceBasedTrading0
USNAS100 (ADP _ ISM)USNAS100 Tendency the price is under bearish pressure 18,800 Turning level : The turning level between18,715 and 18,800 ,so as long as the price below this level, there will be a bearish trend resistance level : Breaking the turning level 18,800 , will reach 18,895 , and then will have anew peaks support level : The trading stabilizing below 18,800, the price will reach the support level of 18,430 and18,234 corrective level : price will attempt between 18,717 and 18,800 , correct itself before falling Shortby ArinaKarayi2
SPX500Pair : SPX500 Index Description : Break of Structure and Retracement RSI - Divergence Falling Wedge as an Corrective Pattern in Short Time Frame Consolidation Phase Completed " 12345 " Impulsive Wavesby ForexDetective2
Levels discussed on 5th June Livestream 5th June DXY: Could range between 104 and 104.30, Looking to break 104.40 for further upside to 104.80 NZDUSD: Sell 0.6170 SL 20 TP 40 AUDUSD: Sell 0.6630 SL 15 TP 35 USDJPY: Buy 156.60 SL 30 TP 80 GBPUSD: Looking for reaction at 1.2820 EURUSD: Test and reject resistance, Sell 1.0875 SL 20 TP 40 USDCHF: Buy 0.8935 SL 20 TP 75 USDCAD: Buy 1.3690 SL 20 TP 90 (BoC Rate decision pending) Gold: Below 2328 could trade down to 2318by JinDao_Tai6
My trade idea on 05/06/24 at 8:45AMi recon i should have left my Sl a Bv just so it can have more time to react to the 30min fvg and have better RRNLong02:58by GabrielLc100
NIFTY50..... The bulls have left the floor!Hello Traders, (At the time, the analysis was prepared, trading was still ongoing!) Yesterday NIFTY50 crashed! I have tried to count the index, but I don't have any possible idea! The moves from 21137 were corrective, cause show overlapping waves, and no clear impulsive character! I was arguing something is just around the corner, and this could be a not so good behavior for N50! So, my favorite idea for N50 now is that @ the ATH 23338.70 an EDT was completed and, the index will change direction of trend for the coming 2–3 months! This idea is valid as long as N50 trades below 23338.70 and falls below yesterday's low @ 21821.45! The internal structure of the moves since Friday shows a possible wave 1 with impulsive character, and a wave 4 is in progress that probably ended this morning. In sum, this would mean a drop to new lows below 21821.45 tomorrow! From a technical point of view, we have seen an "evening star" that was completed yesterday with an opening below the top candle that creates the new ATH, and much more important and criteria for this pattern, it opened with a gap to the downside! A top formation has been established, and the way forward is clear! The bulls have left the bottom! Expect new lows for N50 in the coming days and protect your account! Have a great week ..... Ruebennase Please ask or comment as needed. Trading based on this analysis is at your own risk. by ruebennase4
NASDAQ Expected move We are expecting Price to bounce back on our OB we've been waiting for this set up since FridayShortby GoldenB556
Dollar Index Short Term Sell IdeaH4 - Strong bearish momentum Uptrend line breakout Lower lows Until the strong resistance zone holds I expect the price to move lower further after pullbacks.Shortby VladimirRibakov2
CFDs for NASDAQ I had mentioned Monday based on the economic calender layout that we were likely to see a Tuesday internal continuation to the upside which I had written on my Substack account. It was choppy in the New York Am but we had that really convincing run higher in the PM. I wasn't going to watch the charts during the day so I had a osok entry with a well defined stop. Longby aideesbrother0
S&P Cup and HandleOn Daily chart setup for S&P it seems to be a technical pattern emerging C&H which may lead S&P for the next leg to 5640-5700. Longby vickyddk0
Dollar Index: Sell-On-Rally Scenario?According to the US Dollar Index, the US dollar recently elbowed south of its 200-day simple moving average (SMA) at 104.43. This follows a rejection of resistance from 105.04 on the daily chart, which, as you can see, shares chart space with the 50-day SMA at 105.08. Early Downtrend Regarding trend studies, an early sign of a downtrend is seen through the handful of lower lows and lower highs formed after reaching a high of 106.52. Further supporting the downside bias is the Relative Strength Index (RSI) holding south of the 50.00 centreline (indicating average losses exceed average gains). Chart pattern enthusiasts may have also recognised the recently completed bearish pennant pattern, drawn from between 104.08 and 105.11. Price Closing in on Retesting the Lower Side of Resistance Although price action printed a moderate recovery yesterday, today’s movement shows price attempting to extend recovery gains. This could be sufficient to draw the Index back to the underside of the 200-day SMA and the lower boundary of the breached bearish pennant pattern’s structure, which may offer sellers enough resistance to fade. So, with everything on show, bears still appear to be in the driving seat ahead of today’s US ADP non-farm employment change report and the US ISM services data. Shortby FPMarkets0
SPX500 H4 | Potential resistance at 78.6% Fibonacci retracementThe SPX500 is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 5,324.57 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level. Stop loss is at 5,395.04 which is a level that aligns with the 127.2% Fibonacci extension level and sits above the all-time high. Take profit is at 5,205.39 which is an overlap support that aligns close to the 38.2% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Short03:28by FXCM117
S&P 500 Index: Latest Analysts’ ForecastsS&P 500 Index: Latest Analysts’ Forecasts Over the three spring months, the S&P 500 (US SPX 500 mini on FXOpen) rose by 3.5% – not the worst result, but it might be disappointing considering that in the first two months of the year the index increased by 7.8%. This trend suggests that: → the rally driven by interest in AI is slowing down; → stock market participants are concerned that Fed rates will remain high. What could be the scenarios for future developments until the end of the year and beyond? The media publish fresh forecasts on the S&P 500 (US SPX 500 mini on FXOpen) price from Wall Street analysts: → MarketWatch: Analysts at JP Morgan believe that the growth potential is exhausted and the market may “hit a wall” preventing further growth. They maintain a forecast that the index value at the end of 2024 will be 4200 points. → MarketWatch: Experts at Wells Fargo think it would be too optimistic to expect stocks to reach new record highs ahead of the US elections in November; however, further growth related to the election results looks likely in 2025. They estimate the index could reach a record 5700 points by the end of next year. → BusinessInsider: According to Capital Economics, the index could rise if Treasury yields fall and the momentum from AI adoption remains strong. Their forecast is 6500 points by the end of 2025, followed by a sharp correction in 2026. Technical analysis of the daily chart of the S&P 500 (US SPX 500 mini on FXOpen) today shows that: → the market is in an uptrend (marked by a blue channel); → the price has moved from the upper half to the lower half of the channel – a sign of weakening bullish strength; → the 5300 level acts as resistance; → the broad bullish candle on 31 May (marked by an arrow) closing near its highs indicates strong demand at the lower boundary of the channel, but whether it will be sufficient to overcome the 5300 level and consolidate above it will largely depend on the upcoming Fed rate decision (scheduled for 12 June). Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen1110
NASDAQ BUY LEVEL @18734.4Another potential trade on NASDAQ. we looking to this trade only it brake level of 18734.4 than we will take our buy position.Longby Low-keyFXtrader141429
SPX seem like have another 30% growth. Before it.. 5/June/24SPX500 chart seem like will have another potential gain of 30.5% +/- ( from 5075 +/- till 6600 +/-) up until US election by SteveTan1
dxy 4HFor the dollar index, I predict a slight rise first, then a return to the bearish range, and then a further rise Longby sepidehsky2