ES - Where to Join into the TrainThese two blue boxes are also very suitable for working with receivers.
Instead of getting lost in the low time interval, transactions can be taken by looking at the reactions when the price reaches these levels.
My Previous Ideas
DOGEUSDT.P | 4 Reward for 1 Risk much more if you hold it.
RENDERUSDT.P | HTF Accuracy
ETHUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it.
BNBUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it.
Bitcoin Dominance | Great Characteristic Detection and Accurate Analysis
Sp500index
Gold Spot intraday setup. The Pushmi - Pullyu animalRemember Dr. Dolittle? He was a vet who could talk to animals. One of the rarest was the “pushmi-pullyu,” a llama with two heads (one head was where the ass ought to be).
The pushmi-pullyu was a gentle creature that did not like to be stared at. And yet the other animals in Africa convinced him to go with the good Dr., and be put on display in Europe, because Dr. Dolittle was a kind soul who needed money to look after all the animals in his “care”.
It's gone a bit since Gold explosion last week, due to Biden's gaffe to authorize the yellow/blues regime use US-made missiles inside Russia's legal area, while the rods of Russia's retribution hanged like the sword of Damocles over all of Europe, on the basis of reciprocity.
Last week Gold spot added +153 US Dollars just in 5 Days. That was the best in history ever 1-week return, since January, 1980. Additionally, in percentage points Gold spot added +5.97 percent in a week. It was the 3rd best 1-week return over past decade.
Gold spot in Euro OANDA:XAUEUR at the same time continues its gain 11th straight month in a row.
The main intraday graph is for Gold spot OANDA:XAUUSD , and it indicates that Gold has retraced a bit to its key $2670 level (that was discussed in earlier published ideas), and ready to take Adv. again, since Trump-a-rally rolled out into the all-the-world fart.
Beautiful $SPX price action, ascending triangleLONG TERM TREND: Neutral/Bearish
TIMEFRAME: Intraday
What a textbook ascending triangle pattern we're witnessing on SP:SPX today! 👀
Price action has been absolutely pristine, giving us multiple touches on both the ascending support trendline and the horizontal resistance. Each bounce off support has been getting progressively higher, while sellers continue defending that key overhead level - classic ascending triangle behavior.
The swings within this pattern have been a trader's dream - offering clean entries and exits for those playing the range. We've seen buyers step in with conviction at each test of the rising support, leading to predictable bounces.
However, there's a concerning development here... While ascending triangles are typically considered bullish continuation patterns, the momentum on each bounce is getting noticeably weaker. Volume has been declining throughout the pattern formation (a bearish divergence), and the last two tests of resistance showed significant rejection wicks.
If this declining momentum continues, watch for a break below the ascending support line. Such a break would likely trigger a cascade of stops and could lead to an accelerated move lower. Key levels to watch would be 5950, 5940 and ultimately 5925.
Remember to always manage risk and size positions appropriately. No pattern is guaranteed to play out as expected.
What are your thoughts on this setup?
#SPX #TechnicalAnalysis #ChartPatterns
Bubble everything - 2024-NOV-13Taking into account "bubble everything" theory and ~18-years cycle on financial markets + on top of that ~4-years cycle in crypto markets ... we have roughly 6-7 ATH on everything.
Then bubble will start bursting.
Housing markets will need 4-7 years to visit new bottoms.
Stocks & crypto will need ~1 year to catch new bottoms.
What's going to be the trigger to bubble everything burst?
Value stocks shine bright, amid Growth stocks depressionValue investing is an investment strategy that involves picking stocks that appear to be trading for less than their intrinsic or book value. Value investors actively ferret out stocks they think the stock market is underestimating. They believe the market overreacts to good and bad news, resulting in stock price movements that do not correspond to a company's long-term fundamentals. The overreaction offers an opportunity to profit by purchasing stocks at discounted prices.
Warren Buffett is probably the best-known value investor today, but there are many others, including Benjamin Graham (Buffett's professor and mentor), David Dodd, Charlie Munger (Buffet's business partner), Christopher Browne (another Graham student), and billionaire hedge-fund manager, Seth Klarman.
The main represented technical graph is for SPDR S&P 500 Value ETF (SPYV) that invests in the committee-selected S&P 500 with focus on value stocks. The Index selects stocks from the S&P 500 that exhibit these fundamental value characteristics: (i) book value to price ratio, (ii) earnings to price ratio, and (iii) sales to price ratio. To be included in the index common stocks and REITs must meet certain liquidity criteria and must have a positive as-reported earnings over the most recent four consecutive quarters (measured using the sum of earnings over those quarters) and for the most recent quarter.
Top 10 AMEX:SPYV components, incl. weight.
1) Berkshire Hathaway Inc. Class B NYSE:BRK.B 3.97%
2) JPMorgan Chase & Co. NYSE:JPM 2.88%
3) Exxon Mobil Corporation NYSE:XOM 2.43%
4) Johnson & Johnson NYSE:JNJ 1.93%
5) Walmart Inc. NYSE:WMT 1.65%
6) UnitedHealth Group Incorporated NYSE:UNH 1.63%
7) Bank of America Corp NYSE:BAC 1.28%
8) Procter & Gamble Company NYSE:PG 1.21%
9) Chevron Corporation NYSE:CVX 1.16%
10) Costco Wholesale Corporation NASDAQ:COST 1.14%
The basic concept behind everyday value investing is straightforward: If you know the true value of something, you can save a lot of money when you buy it. Most folks would agree that whether you buy a new TV on sale, or at full price, you’re getting the same TV with the same screen size and picture quality.
Stock prices work in a similar manner, meaning a company’s share price can change even when the company’s valuation has remained the same. This means, strictly speaking, there is no such thing as a true, or intrinsic, value of the stock of a given company. But there are relative values.
Value investing developed from a concept by Columbia Business School professors Benjamin Graham and David Dodd in 1934 and was popularized in Graham's 1949 book, "The Intelligent Investor."
Just like savvy shoppers would argue that it makes no sense to pay full price for a TV since TVs go on sale several times a year, savvy value investors believe stocks work the same way. Of course, unlike TVs, stocks won't go on sale at predictable times of the year such as Black Friday, and their sale prices won’t be advertised.
Value investing is the process of doing detective work to find these secret sales on stocks and buying them at a discount compared to how the market values them. In return for buying and holding these value stocks for the long term, investors can be rewarded handsomely.
Intrinsic Value and Value Investing
In the stock market, the equivalent of a stock being cheap or discounted is when its shares are undervalued. Value investors hope to profit from shares they perceive to be deeply discounted.
Investors use various metrics to attempt to find the valuation or intrinsic value of a stock. Intrinsic value is a combination of using financial analysis, such as studying a company's financial performance, revenue, earnings, cash flow, profit, and fundamental factors. It includes the company's brand, business model, target market, and competitive advantage.
Some metrics used to value a company's stock include:
Price-to-book ( P/B ), which measures the value of a company's assets and compares them to the stock price. If the price is lower than the value of the assets, the stock is undervalued, assuming the company is not in financial hardship.
Price-to-earnings ( P/E ), which shows the company's track record for earnings to determine if the stock price is not reflecting all of the earnings or is undervalued.
Free cash flow , which is the cash generated from a company's revenue or operations after the costs of expenditures have been subtracted.
Free cash flow is the cash remaining after expenses have been paid, including operating expenses and large purchases called capital expenditures, which is the purchase of assets like equipment or upgrading a manufacturing plant. If a company is generating free cash flow, it'll have money left over to invest in the future of the business, pay off debt, pay dividends or rewards to shareholders, and issue share buybacks.
Of course, there are many other metrics used in the analysis, including analyzing debt, equity, sales, and revenue growth. After reviewing these metrics, the value investor can decide to purchase shares if the comparative value—the stock's current price vis-a-vis its company's intrinsic worth—is attractive enough.
Fundamental thoughts
Were you ready or not, but still US interest rate is at the highest degree over the past decades (basically due geopolitics tensions), while high borrowing cost is inappropriate to internal US macroeconomic conditions (weakening labor market, weakening housing sales etc).
This is why growth stock will not pump forever, meaning that no one is at the top over so-called "Mag Seven" hyped stories.
At the same time, the main technical graph is for SPDR S&P 500 Value ETF (SPYV) indicates on Reversed Head-and-Shoulders technical structure in development, as further gain I am sure has to come.
Gold takes Adv. since Trump-a-rally pans out to Bulls fartIt's gone 2 weeks or so, since Mr. Trump has secured a win over his Democrat-rival Kamala Harris in the 2024 U.S. presidential election, as it declared by the Associated Press.
Since that, a lot of stocks soared in a meme-style mode, while Bitcoin clears $93,000 and Dogecoin soared amid Trump-fueled crypto rally.
Among nearly 2000 components of Smallcap Russell 2000 Index TVC:RUT , appr. 90 percent of them (without any fundamental reasons) were up on November 6 - at the day Trump clinched White House victory.
For S&P 500 SP:SPX and Nasdaq-100 NASDAQ:NDX indices these numbers were 70 and 75 percent respectively.
Since US dollar interest rates are still near multi year highs and Powell still says the Fed is in no hurry to cut interest rates.. all of that means Trump-a-rally gives no light for super-duper bets, as it's been discussed in earlier posted ideas.
Moreover, Geopolitics is roaring back, as current U.S. President Joe Biden tries to authorize the yellow-blues to use powerful long-range American-made weapons inside Russia's legal areas, potentially inside Kursk region where located The Kursk Nuclear Power Plant, that is one of the three biggest nuclear power plants (NPPs) in Russia and one of the four biggest electricity producers in the country.
The main graph is for Gold spot OANDA:XAUUSD , and it indicates on Cup with Handle technical structure in development as Gold takes Adv. since Trump-a-rally pans out to Bulls fart.
Bearish reversal?S&P500 is rising towards the pivot and could reverse to the pullback support.
Pivot: 5,961.93
1st Support: 5,902.96
1st Resistance: 6,027.61
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Weekly Forex Forecast Nov. 18 - 22: SP500, NAS, DOW, GOLDThis is the Weekly Forex Forecast for Nov 18 -22nd.
The Big 3 Indexes started to pullback last week from there elections fueled rallies. Patience is required, as we look for confirmations of a market shift from bullish to bearish.
Gold also retraced last week, and may may struggle against a surging USD. Patience here will benefit traders, as we wait until the market tips its hand.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
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EURJPY | MarketoutlookThe policy divergence between the US Fed and SNB supports the pair at lower levels.
Jobless claims dropped to 227,000 for the week ending October 19, down from 242,000 the week before, suggesting some stability in the labor market. The four-week moving average rose by 6,750, reaching 231,000, which indicates that jobless claims are still showing fluctuations despite the recent decline.
The S&P Global Flash U.S. Manufacturing PMI increased slightly to 47.8 in October, up from 47.3 in September. However, this still shows that manufacturing activity is contracting for the fourth month in a row. On the other hand, the Flash Services PMI rose to 51.5, indicating modest growth in the services sector, which is important since it makes up a large part of the U.S. economy.
CARS.COM LIKELY TO PERFORM WELL IN TECH SECTORIn the Software industry under Technology sector, CARS.COM technically, the stock has been
gathering bullish momentum, a pullback to its demand zone is what is left.
N.B!
- CARS price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#CARS
#NYSE
#NASDAQ
#SP500
DESPITE Q3 LOSS, AST SPACEMOBILE REMAINS A BUYThe level between 19.30 - 23 looks strong for ASTS, holding price since late September; and with Q3 loss declared by the company, the price still got rejected at this level. There is high possibility that buyers are accumulating at this mentioned level. Will ASTS witness upward movement in coming weeks. A price close below 17 is not favourable!
N.B!
- ASTS price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#ASTS
#NASDAQ
#SP500
S&P 500: Bearish Momentum Below 5927 S&P 500
Technical Analysis
The price dropped perfectly as we mentioned in the previous idea
so now still has a bearish volume to get 5891 and 5863 as long as it trades below 5927
otherwise, it should close 4h candle above 5928 to be bullish till 5952 and 5972
Key Levels:
Pivot Point: 5927
Resistance Levels: 5952, 5972, 5989
Support Levels: 5891, 5863, 5833
Trend Outlook:
- Bearish Trend while below 5927
- Bullish trend if break 5939
previous idea
Palantir Bullish Long-Term PlayPalantir shares rose to a yearly high near $33 in the evening trading session on Friday, September 6, after announcement Palantir joins the S&P 500 index.
Palantir was one of the strongest contenders for inclusion in the broad market S&P500 index.
This inclusion, as well as Dell (DELL), comes after tech companies Super Micro (SMCI) and Crowdstrike (CRWD) also joined the index earlier this year.
Technical 1-month graph indicates on Reversed Head-and-Shoulders structure in development.
Potentially it can bring Palantir stocks, up to $100 per share over the next several years.
S&P500: More Upward Potential!We still ascribe more upward potential to the S&P’s turquoise wave B – up to the resistance at 6088 points. At this level, we expect a transition into the same-colored wave C, which should push the index down into our green Target Zone between 5110 and 4921 points. Within this Zone, the larger wave should find its final low, which should provide potential entry points for long positions. A stop-loss can be set 1% below this Zone for risk management. However, if the index surpasses the 6088 points mark directly, our alternative scenario (probability: 38%) will come into play: it suggests that the wave low is already in place.
Stock Market ft. The BIG SHORT.Election coming, looks to be priced in as we speak, expect a drop, probably more severe than my chart if the conditions are met BELOW..
Conservative levels to short above (no guarantee we are coming back to those levels) as the futures market can continue to plummet as early as Monday next week.
I expect a heavy forecast of rain up until the election and after, we are about to see some crazy $%^& in the next few months,
Price is weighted on the weekly, to Target 1, if that level doesn't hold we will see target 2 and target 3 QUICK,
If my price reacts the way I think it is, I will be dropping a multi-year monthly chart to follow,
Good luck traders.
Trading Plan ES TODAYCurrent Position: Average entry price stands at 5741, ATM.
Trading Plan:
Targeting a push toward 5800, with plans to exit prior to the U.S. market open.
Although seller momentum appears depleted, I remain cautious about the likelihood of a sustained rally.
Intraday Strategy:
Hold a bullish outlook until the market open.
Anticipate a retracement toward yesterday’s close, at which point I intend to re-enter long positions.
Monitoring Approach: I will closely supervise the U.S. market open trades with heightened scrutiny compared to pre-market positioning.
DAX TRADING IDEAHi again traders!
Here to bring you'all this idea about a bullish movement on DAX. Not a long term buy but a fast trade. The idea is to close it today before the market closes.
Why I think so?
The index has been on a three-day consecutive bearish movement. Dropping 500. After a manipulation, price seems to be holding on 5 minutes - 15 minutes frames, showing us a clear accumulation zone leaded by EMA9 and EMA50 ( 5 mins).
My potential profit is 104 points above the marked entry. Althought I think price is pumping on a few hours, could be possible to see a quick retracement before that.
Nightly $SPY Prediction for 10.31.2024🔮
⏰7:30am
Challenger Job Cuts y/y
⏰8:30am
Core PCE Price Index m/m
Employment Cost Index q/q
Unemployment Claims
Personal Income m/m
Personal Spending m/m
⏰9:45am
Chicago PMI
⏰10:30am
Natural Gas Storage
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing