Wallstreet
Long Tesla after Musk's speachTesla, before reaching next highs at around 1190$, can retrace until the first area, that we can visualize in the green rectangle, that covers the price range of 940-1000$. In addition, the bearish divergence upon the CCI oscillator can accelerate the price retracement.
The 200 average shows how the long term is still bullish and Tesla could be above it for the next days confirming its strength.
From a fundamental point of view, the company estimates to sell more cars than the previous quarter although the electric cars industry has faced a serious issue in supplying chain.
NAS Weekly ForecastSweet Dreams Traders, this weekly forecast i can see the market to continue bearish until it breaks a Lower High. Which it hasn't on the weekly and daily timeframes yet.On the 1hr showed a little manipulation move, where it did break a lower high but then rejected back to the downside. Im expecting this week for bearish setups to the weekly's low which is 13024.4. Have a great trading week and comment down your thoughts.
S&P 500 Daily Chart Analysis For March 11, 2022 Technical Analysis and Outlook
Continuation downtrend from our Mean Res 4385, the index created sub Mean Res 4275 for the near-term retest. But the current main target is Mean Sup 4170, completed Outer Index Dip 4150. The Key Sup 4070 and expended Outer Index Dip 3990 are prevailing driving trends, whereas the intermediate bullish moves within the downtrend mode are nothing but an interruption/distraction.
Will 1929 Repeat?Will history repeat ?
The bar pattern overlapped shows a really interesting view on the market structure compared to 1929. Things are looking very much the same 100 years later.
Price hit the 3.618 Fib extension in 1929 and crashed shortly after with the tension of war at the time, you had the Sino-Soviet conflict with Russia and china in 1929.
100 years later we seem to be having the same world circumstances where there is war with Russia involved and we have also hit the 3.618 extension not only that we have also hit this 100 year resistance line that has caused massive muti year pullbacks whenever hit.
I have been following six month RSI bearish divergence for a while now and it now seems with have broken down from this triangle we were in , take a look below.
Zoomed in picture of the bar pattern
It is possible we have one more upthrust to the 4.618 before a big crash this can take 1 year to play out. Human nature is cyclical we tend to repeat behavior and you can see that in the charts .
US30 OUTLOOK UPDATE During yesterdays London session we were stuck in a consolidation faze for 8 hours.
Once we finally broke out we rejected off major zone 34100 for the 5th time and then rejected back off of 33750...end up back right where we left off during London session.
Also stated this yesterday, "i would like to see a retest of 33750 and a break through 34100. If not we might bounce back and fourth within a major consolidation zone from 33100 - 34100"
We still need to see a clear break through 34100 to break resistance.
Large-scale Bitcoin whales transactions signal a bottom.Following Russia’s invasion of Ukraine on Thursday, Bitcoin (BTC) fell below the $35,000 mark.
Since then, however, the cryptocurrency has risen significantly, and it is presently trading around the $39,000 mark.
As Bitcoin prices bottomed out at $34.7k with Thursday’s war news, whales have made some MASSIVE transactions.
This has been the largest amount of both $100k+ and $1m+ $BTC transactions since Jan. 24th, when prices jumped +15% the week following.
The Great Retrace Nasdaq Futures Standard Fib Pull from ATH to Covid Low PA sitting at .382 fib level and the POC of the entire range .
Loss of the .382 and we descend to the levels below , alternatively we stay within the current range
inside the descending channel .
I have marked an area of resistance for a potential short if the opportunity presents itself where Its
possible we continue to reject off of the 50EMA and print a LH and continue with the bearish MS.
Trade the range and take it level by level , for now support has done its job so set an alert and trade the reaction .
Know your Invalidation and trade your Plan !
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Update: short-term view for Bitcoin Ethereum S&P500 & WallstreetUpdate: Short-term view for Bitcoin Ethereum S&P500 and Wallstreet
Bitcoin and Ethereum with chances of a hidden bullish divergence while traditional markets might show a bullish divergence with the RSI.
Overall a more friendly market opening.
o you agree? Other opinions? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
DJI: It doesn't get simpler than thisThe DJI has been reinflated from after the COVID crash, by 'cheap' money coming out of reckless monetary and fiscal policy.
The value of the market has been over-inflated by some 15 times its true value.
Fundamentals are almost never seen in charts like these - which only show 'price' (not value).
A man-made 'virus' called war, looms. Not to mention - which is to mention - that the FED who have propped up this market (and others) is in big trouble.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Too many political uncertainties before weekend - #SPX #BTC #ETHThe current global market is heading down.
Sell offs because of political uncertainties before and over the weekend.
Many people might be unsure of possible market opening after the weekend.
Do you agree? Other opinions? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Nice momentum at US market opening and CryptoNice momentum at US market opening and Crypto.
Will we see another leg up today?
RSI show still room to grow!
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Crypto vs traditional markets - clear short-term winner!Crypto vs traditional markets - clear short-term winner!
Bitcoin, Ethereum and Co show real strength at the beginning of the new week.
But many Crypto are now short-term oversold and a correction is possible very soon.
In the meanwhile SPX500 and Co consolidate and RSI taking a breather.
What will BTC and ETH do when traditional markets take new higths?
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
GET READY FOR TAKEOFF!!!Within regards to technical analysis, while taking a deep look into the Disneys chart we see an ascending triangle pattern formed and now we are waiting for a breakout. The base of the triangle pattern formed on January 24th. It has touched the top twice and the bottom 4 times. In the past in regards to moving averages, we see that when the 20 day and 50 day moving averages are below the 200 day and as they inch closer to a merging point at the merging point the stock bounces in a bullish direction sending investors long. Right now our 20 days and 50 day days are stuck in our pattern today we closed with 5 candles on the hour hourly chart closing above these 2 and at the same time the 20,50and 200 days, MAs are getting closer and closer initiating the breakout. We see this pattern on the 1,5,15,30,45 minute chart, hourly and daily chart
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SPY Stock Analysis - S&P 500 SPDR ETF Stock Price Prediction for Tomorrow Monday
February 7th We go over the SPY stock - S&P 500 SPDR ETF stock, and give our stock price prediction on the SPY stock, our SPY stock price analysis, and stock price forecast on SPY for tomorrow Fri February 7th.
SPY STOCK: THIS IS A SPY STOCK PRICE PREDICTION, SPY STOCK PRICE ANALYSIS, AND A SPY STOCK PRICE FORECAST VIDEO.
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. TESLA stock along with TESLA share Price including Tesla After Hours.
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#SPX500 #Bitcoin #Ethereum - be prepared for a correctionWallstreet and S&P500 on 4h chart nearly overbought and prices at EMA200.
A correction is very likely at that point.
I would wait for any LONG ideas so far.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing