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NASDAQ 100 (US100) – Week 30 – FOMC to dip the stock market. Stocks drifted sideways on Wednesday, with investors digesting a slew of earnings results and looking ahead to another set of reports. A monetary policy statement from the Federal Reserve is also slated for release. Nasdaq struggled for direction, fluctuating between small gains and losses. Technical overview: As you can see, we find ourselves in the middle of an ascending channel. In the past 2 months, Nasdaq had a strong bullish trend that pushed the price to new record highs. The next move that we expect is a bearish one, as the trend needs to correct in order to gain more bullish momentum. We will wait for the price to reach the upper channel line and from there we expect a depreciation that will push the price towards the support area marked on the chart. We advise caution, as the market will most probably be unstable due to the FOMC meeting. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
UShort
by financialflagship
20
DJI (4H) - trend switch in sightTrend switches of the ATR on the 1D and 4H usually mean something on most charts. What they mean is a greater probability for price movement under the switch for short positions and above the switch for long positions. On this chart it does not mean that price cannot rise from under the switch. This is not how ATRs work. ATR's create probabilities. The situation is not predictive. No indicator can predict anything. If that was the case then everybody would just follow indicators and make millions. That's not going to happen. The snapshot picture is for a trend following setup which can be engaged on a lower time frame e.g. 5 min to 15 min. Note the hefty disclaimer below because trend-following set ups are high risk and very high gain. They are not easy and require significantly large stop-losses. Price can certainly move significantly north and head for the moon. 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 has 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.
FOREXCOM:US30
by Captain_Walker
8% correction on US30?looking at the price action, seems that the top of the big upper channel was already touched on May 10th :). if the price won't go sideways for a long time, touching the bottom of the channel in the next weeks will give us 8% from here. remember: it is just a possibility; this means that the price can also rally to new highs with no correction for a long time from now. how did I draw the channels? I copied the lower parallel channel, with the PA before March 2020, and put it above( not rocket science).
U
by Kangaroo-Market
Fee, Fi, Fo - FED!In the vid, I overview interesting moves in the DJI. Tensions are rising. The latest market burn down doesn't look great for the FED. But.. but.. when you have access to literally and endless supply of money, you can do whatever you like (almost). The FED has been throwing money into the so-called economy in the hundreds of Billions per week. I'm using economy in a very broad sense. They're 'tinkering' with stock markets, REPO markets, Bond Markets - you name it, they're in it. Of course in some instances you won't see the 'hand of the FED' because they're using a dozen or so 'tools' as they call them. So you might see the tip of the tool, but not the 'hand of the FED'. If they FED was not in the DJI at all would it have re-inflated that much. Not many (sensible) people believe that. It's basically free money at near zero interest rates and a generous REPO market. In other words its like going to a casino and the house says, " No problem have as many chips as you want! " This is crazy stuff. Reality always comes back around to bite. 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 has 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.
FOREXCOM:US30
by Captain_Walker
Wall Street Regulations and Andrew Yang For Mayor #YangForNYIf you happen to live in NYC (home of Wall Street and all thing money-related) voting for Andrew Yang for Mayor is your best bet. The best way to protect crypto from bad government regulations is to get involved with the process directly. Andrew Yang was talking about crypto since 2013, way before any of us even was there. twitter.com -- Campaign Page and How To Vote Here: www.yangforny.com Rev Wendy Hamilton for Congress (2022) www.revwendyforcongress.com
BITSTAMP:ETHUSDLong
by RyanTanaka
1
'3 Price Note' Are You See Yet?'3 Price Note' Are You See Yet? --- "SA-WAD-DEE-KRUB" . From Thailand . Today is 17 June 2021 . 5:05 PM (My Local Time) --- Today I Will Show You . About 'Price Note' . BLUE, GREEN, RED . That I Mark Some Price for Play 'LONG' This Day . So What Do You Think #BITCOIN . They Can Go Up Or Not? . Remember ! Play Safe . And We will WIN together. --- If You Like It... . You Can Leave A Comment Or Share. . My name is DUANG from Thailand . P.S. Sorry About My Bad English... "KOB-KHUN-KRUB"
BITSTAMP:BTCUSDLong
by Kruduang
1
NASDAQ 100 (US100) – Week 23 – Expecting a new ATH U.S. stock futures edged higher Tuesday, with technology shares on course to lead gains at the opening bell, as Nasdaq-100 futures rose 0.6%, pointing to a third consecutive day of gains for large technology stocks. Technical overview: In the coming days, we expect the price to pullback from the resistance zone towards the support area that we highlighted on the chart, before resuming the bullish trend and make a new all-time high. We recommend waiting for the pullback to finish before engaging in any buy setups. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
ULong
by financialflagship
37