SCALP SOUTH!!Price has met some resistance and has started to ascend forming a mini bullish flag on the 1H. For high risking traders Shortby Justin-fx0
US30 sell confirmation / Double Tophi everyone sell confirmation started safe to trade until hold 40525 Target TP . 39495 TP2. 39015 Maximum 4 week thanksShortby Artaslam8
NDX | IT SECTOR MAY FLY ???Another indicator on if things go well with the breakout, we may see good momentum in Indian IT Sector. Although until that happens, the price can always reverse. So a little patience might pay well.Longby TheCharteredsUpdated 4455
DJI : Make or Break?- DJI is currently encountering strong resistance at 34500. - The psychological significance of this resistance level adds to its importance. - This could be one of those, Go Big or Go home scenerios - In case the resistance holds, a potential psychological support level at 33000 may come into play. The support trendline intersects at a similar level. What is your take on the price action of DJI? Feel free to comment. If it helped, Do Leave us a boost ๐ Disclaimer: We are not registered advisors. The views expressed here are solely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong :) by TheCharteredsUpdated 2220
Good closing by Nifty just above mid-channel resistance. Nifty saw a good closing today above mid channel resistance but could not hold on to higher levels as it found the resistance at 22502 to hot to cross. 22502 was today's high and might act as a resistance again tomorrow. If this level is crossed and we get a closing above it the next resistance levels will be at 22587 and 22658. Above 22658 bull have potential to take full control of the market and in such a scenario we can see Nifty climbing to the highs of 22730 and 22801 in the coming week or weeks. On the lower side, today's low of 22345 is a good support followed by Mother line support of 50 Hours EMA at 22235. Below 22235 Nifty becomes week and we might again see the levels of 22055, 21937 and 21815. Below 21815 closing Bears take total control of the market. Nifty is interestingly placed with shadow of the candle being neutral and it was a Doji candle that we saw today emphasizing the tussle between bulls and bears or shall we call it a tussle between FIIs and DIIs + Retail investors?by Happy_Candles_Investment5
NAS100 Outlook๐๏ธ OUTLOOK 5hr chart:https://www.tradingview.com/x/o9c9T2FP/ 30m chart: Context 5hr: Price has been bullish since the beginning of May. Trending nicely above the EMAs 10,50,200. Price is re-accumulating and we might get a slight pull back the beginning of the week then a push higher towards the end of the week but we will see. Validation 30m: Price is trending very nicely above the EMA's. Currently coming back to meet the 50ema. Bias: Bullish and I will be putting this on my watchlist for the week to look for longs.Longby angelvalentinxUpdated 1
SP500 potentially 45% drop sell - AnalysisThe provided image outlines a long-term technical analysis of the S&P 500 using Elliott Wave Theory: Wave 1 (2011-2020): A lengthy bullish trend representing the first large-scale wave, which extended for nearly a decade, ending in early 2020. Wave 2 (Early 2020): A substantial retracement followed, marking wave 2, coinciding with the sharp sell-off due to the COVID-19 pandemic at the start of 2020. Wave 3 (2020-2022): Thereafter, a strong recovery and extension formed wave 3, reaching new highs in 2022. Wave 4 (2022-2023): Another retracement took place, defining wave 4, which concluded in 2023. Wave 5 (2023-2024/2025): The current trend is wave 5, which may peak between 2023 and 2025. This wave is anticipated to reach the target price range of 5,800-6,100 before a significant retracement. Within this broader structure of wave 5, a smaller set of waves have formed points 1, 2, and 3 over the course of 2023 and 2024. We are currently awaiting the completion of minor wave 4's retracement and the extension of minor wave 5. This would be the fifth wave of the fifth cycle, or "wave 5 of 5." Following the completion of the minor wave 5, analysts expect a substantial retracement in 2024-2025. Based on Fibonacci extension levels, the SP500 could experience a drop of 40-45%, potentially reaching levels of 3,460 or 3,160. The extension of the minor wave 5 could fail following the retracement of minor wave 4, potentially precipitating the drop earlier. For market participants following this analysis, this might suggest an opportunity to take profits near the anticipated peaks and then potentially look for short entry points to capitalize on the forecasted long-term retracement. Of course, such analyses should be approached with caution and coupled with careful risk management and ongoing market developments monitoring. Target date: 07 may 2024Shortby ForexPrime447Updated 6610
QQQ Q2 24 FORECAST (RE ENTRY)First entry failed (rare case senario) so here is a more detailed chart with alternative entry points where i expect reversal even tho ive been crying wolf (recession crash) im not looking for it just yet but market doesnt wait for anyone now does it maybe it may lead to a retracemnt for bearish continuation ill update for interested partiesLongby Bekiumuzi_DubeUpdated 3314
Predicted Closing for Nifty 50 spot price. If today's high doesn't change 22490.80078 then the close Price for today: 22431.5628297807 predicted.by Trade-TechniqueUpdated 3
DAX may threaten breakout pointIntraday Update: After hitting the 127% extension this week, the German DAX may be at risk of testing the breakout point at 18568 which traders will be watching for a close above/below for the week. by ForexAnalytixPipczar1
DXY - BUY high probabilityhi, this is a DXY trade with a high probability because price hit a very importan area, using MARKET STRUCTURELongby KronFX6
S&P 500 FORECASTThe current bearish trend is projected to reach 5280 and 5266 if the price remains below the pivot point at 5300. However, if it breaks above 5300, confirmed by a 4-hour candle closing above this level, it could potentially target higher levels at 5311, 5328, and then 5345. Key Levels: Pivot Line: 5300 Bullish Lines: 5311, 5328, 5345 Bearish Lines: 5280, 5266, 5220by RojBarwari1
USNAS100 (Short Movement ) retracement NASDAQ New Forecast (Structure: Short) The price is still retracing towards 18,435 after dropping and stabilizing below the pivot zone, which lies between 18,660 and 18,600. As long as trading remains below 18,600, the price is expected to drop to 18,435. A subsequent break below 18,420 would signal a continuation of the bearish trend towards 18,250. However, stabilization above 18,435 would indicate a potential bullish trend for the Nasdaq, potentially leading to new record highs. If the price pushes up from the current level and breaches the pivot line at 18,660, it would support a bullish trend, targeting 18,830 and 19,100. pivot line: 18600 Resistance Price: 18660, 18880, 19100 Support price: 18435, 18250, 17990 Its range for Today will be between Support 18250 and Resistance 18880 Shortby SroshMayi5
NAS100 - ABCD Harmonic PatternWith a strong bearish divergence on the 2h chart, NAS100 is showing weak signs of sustaining its bullish trend. Shortby ShahzaibNaveed3
DOLLAR BULLISH???!!!!! Dollar retested from the Day Trendline1.According to my view dollar reached its Target and retested from Day Trendline Liquidity and the Support Zone. 2.If its broke the Resistance and upper Trendline then it'll reach the major resistance zone. 3.If Dollar broke the current support zone then it'll reach the next support around 103.000. 4.Day 200 EMA retested well. by Sha_The_Icon2
SP500 (Short Movement)SP500 Index NewForecast (Structure: Short ) The price has dropped and continues to do so as we predicted, aiming for a retest at 5302 and 5281. It has already reached 5302 and is now moving towards 5281. Currently, the SP500 is undergoing a corrective retracement targeting 5281. At this point, we should monitor whether it breaches 5281. Stability below 5281 would indicate a continuation of the bearish trend towards 5264. Conversely, stability above 5281 would signal the potential beginning of a bullish trend. Pivot Line: 5301 Resistance Levels: 5320, 5340, 5357 Support Levels: 5281, 5263, 5227 Todayโs expected trading range is between the support 5264 and the resistance 5330.Shortby SroshMayi5
FBMKLCI small cap index: moving into the next phase?May it be a prosperous season after this if you see what I see. - Inverted head & shoulders - (Hopefully) completion of a long accumulation phase into a mark up phase according to Wyckoff schematics. However, major risks remains the middle eastern conflict and Trump, especially if he starts Trade Wars 2.0. Longby sahamdanlatte0
Strong Support: DAX Ready to Climb AgainWith the remarkable surge of the past few weeks, the DAX nearly reached the 19,000-point mark. However, just before reaching it, the momentum faded, leading to a period of weakness. Now, a strong hammer candlestick is visible in an important support area. Therefore, it can be assumed that the correction is now coming to an end and the DAX will once again approach recent highs.Longby Ochlokrat3
US100 Will Fall! Short! Take a look at our analysis for US100. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 18619.9. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 18122.3 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 116
GOLDSILVER RATIO-BUY strategy Daily chartIt is clear, that one of the metals has to give way. The ratio is extremely low, and suggests that SILVER is reasonably overbought. strategy BUY GOLD and SELL SILVER with the current ratio of 79.80 and take profit near 82.5 ratio. GLongby peterbokma1
DXY Channel Up bottom. Strong buy opportunity.The U.S. Dollar Index (DXY) hit both Targets that we set on our January 24 analysis (see chart below): Yet again, a new buy opportunity is emerging as the price not only hit the 1D MA50 (blue trend-line) - 1D MA200 (orange trend-line) Support Zone but also the bottom of the (dotted) Channel Up, which is essentially the Bullish Leg of the 1-year Channel Up. With the 1D MACD about to form a Bullish Cross, that will be the bullish confirmation we need to buy and target 108.000 (near the top of the dotted Channel Up and almost +4% from yesterday's Low, which is a standard rise % within the pattern). ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ 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. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐Longby TradingShot13
Flow indicator import pandas as pd import matplotlib.pyplot as plt # Sample stock price data data = { 'Date': , 'Price': } # Convert data to DataFrame df = pd.DataFrame(data) # Calculate 50-day moving average df = df .rolling(window=50).mean() # Plotting plt.figure(figsize=(10, 6)) plt.plot(df , df , label='Price') plt.plot(df , df , label='50-day MA') plt.xlabel('Date') plt.ylabel('Price') plt.title('Stock Price with 50-day Moving Average') plt.legend() plt.show() by yogesh0_55_00
DxyDxy is retracing to a supply zone, waiting for lower tf confirmation. TRADING THE FINANCIAL MARKETS IS VERY RISKY, ALWAYS USE STRICT RISK MANAGEMENT PROTOCOLS.Longby Mr_IGEE0