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US30 07/28/2020Trading the US30 market this week might be a little tricky but here is my personal opinion of what I think the market will do. I see a new resistance area forming around 26725 and that leaves a possibility of the market breaking the channel's support area at 26393 and being Bearish down till 26093 (which will be my Stop Loss for this trade) before the bulls try to buy back into the market and push price up. Personally, I believe that if this happens then it is only a short reversal as I expect Price to break the 26725 resistance area and go Long till 26892 which will be my Take Profit 1 and also a possible future resistance area . I'm going to Close some positions in Profit at that point and continue to ride the Uptrend through the Consolidation at Take Profit 1's resistance area until it breaks and shoots up to 27170 which will be my Take Profit 2 . I expect the resistance at 27170 to be quite strong but I also plan to Hodl some position through it because I believe Price may still go up to 27546 which will be my Take Profit 3 for this trade. Warning!!! US30 is a very volatile and shifty market and may no go according to analysis. Please stay away from this trade if you're a new trader or your account doesn't have large enough equity to handle draw-downs or losses on this trade. This is my personal opinion on the market behavior and what I think will happen in the future for the particular market and is only shared for educational purposes. I recommend you always back-test before taking any trades given through analysis, always re-analyse to reduce your chances of losing a trade. Also, make sure to use appropriate lot size recommended for your account and equity size. Good Luck!
OANDA:US30USDLong
by pappidel
BUY $UVXY - NR Picks Dec 06EN: The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the performance of the S&P 500 VIX Short-Term Futures Index for a single day. The index seeks to offer exposure to market volatility through publicly traded futures markets and is designed to measure the implied volatility of the S&P 500 over 30 days in the future. We view levels 11 - 12 as key for the remainder of the year and some volatility could be observed in the following weeks considering the market situation that reached all-time highs in recent weeks. ES: Este índice busca ofrecer exposición a la volatilidad del mercado a través de los mercados de futuros que cotizan en bolsa y está diseñado para medir la volatilidad implícita del S&P 500 durante 30 dÍas en el futuro. Consideramos los niveles 11 - 12 como claves para lo que queda del año y se podría observar algo de volatilidad en las siguientes semanas considerando la coyuntura del mercado que alcanzo máximos históricos en las últimas semanas.
CBOE:UVXYLong
by NewroadTrader
BUY $FE - NR Picks Dec 06EN: FirstEnergy is one of the largest utilities in the United States with ten distribution companies serving six million customers in six Mid-Atlantic and Midwest states. FistEnergy is an operationally good company, but it continues to have bribery problems on the directors which has pushed the share price down to low levels. The company also shows stability in dividends, the delivery is quarterly and the yield is greater than 3% in the last 5 years. The company has a low exposure to the market, therefore, it is a good option to avoid a lot of exposure to the market. Let us remember that optimism is reaching a drain. With respect to the company, being a Utility generates constant income which allows it to meet its annual financial obligations. ES: FirstEnergy es una de las empresas de servicios públicos más grandes de los Estados Unidos con diez empresas de distribución que atienden a seis millones de clientes en seis estados del Atlántico medio y del medio oeste. FistEnergy es una compañía operacionalmente buena, pero continua con problemas de soborno sobre los directivos lo cual la ha hecho retroceder el precio de la accion a niveles minimos. La compañía tambien muestra estabilidad en dividendos, la entrega es trimestral y el rendimiento mayor al 3% los ultimos 5 años. La compañía tiene una baja exposición al mercado, por lo cual, es una buena opcion para evitar mucha exposición al mercado. Recordemos que el optimismo esta llegando a un desgate. Con respecto a la empresa, al ser una utility genera ingresos constantes los cuales permiten poder cumplir con sus obligaciones financieras anuales.
NYSE:FELong
by NewroadTrader
WALL STREET | US30USD | Multitime Frame Analysiswe can see, from the Monthly prespecive a strong Resistance line "TREND LINE", Weekly, the price brom the Resistance line and confirmed it with red candle stick, Daily we have strong Resistance area, the Red line, before reaching the new High price, 4H frame, i drew to white arrows, predecting the movement of the market, wait for the last confirmation from there, TO BUY WITH LOW RISK OR NOT TO BUY IT, I hope you will enjoy it, have a good trading days, you are welcome to reach me by privet messages, enjoy it.
OANDA:US30USDLong
by Market_Ticker
Viscious Wall Street Bulls on the MEGAPHONE!So, Corona is on everyone's lips but how long will it keep the raging bulls from taking charge? Any signs of, mitigation measures against the pandemic will provide massive reprieve for the fallen giant DOW Jones! It may as well have begun.... The image above shows a classic MEGAPHONE in a bullish trend, We have just jumped out of the bear trap, cannot say it's over, but when it does, it will be viscious, the momentum will obliterate the alarms. I'll be looking to cut my Short positions and prepared to begin the "Long" return home :) Will you Join me?
OANDA:US30USDLong
by SleekPips
3
Weekly Market Update | Week ending on 13th November 2020Hello traders! This is the Weekly Market Update for the week ending on 13th of November 2020. 1. Lets get started with the performance of the major indices day by day first. On Monday we had strong gains for Dow Jones and S&P 500 - news that the experimental coronavirus vaccine co-developed by Pfizer and BioNTech prevented more than 90% of infections in a large-scale study. However, the indices closed far from the highs of the day, as the frantic rally, as well as last week's strong profits, gave investors the opportunity to secure profits. At the beginning, the Dow Jones jumped to a new all-time high with a jump of 5.5%, while the wider S&P 500 also recorded a rally record of 3.7%. Dow Jones: + 2.95% SP500: 1.17% Nasdaq: -1.53% On Tuesday we had mixed signs with the Dow Jones industrial average adding another 262 points. The technology Nasdaq recorded strong losses for the second consecutive session and now loses 2.9% since the beginning of the week. Dow Jones + 0.90% S&P 500 -0.14% (recovered nicely from the low levels of the period, with an early loss of 1.1%) Nasdaq -1.37% On Wednesday we saw positive signs as investors preferred the security of the shares that performed well in the coronavirus crisis. Dow Jones -0.08 S&P 500 +0.77 Nasdaq + 2.01% On Thursday, the growing number of cases in the US has raised concerns about the health of the economy as the year draws to a close. Dow Jones -1.1% S&P 500 -1% Nasdaq -0.7% On Friday,  we ended the week with a mini rally, with investors' "appetite" fueled by hopes that an effective coronavirus vaccine may soon be available. However, there are concerns about the number of coronavirus cases both in the US and in other countries with one negative record being broken after another. Dow Jones + 1.37% S&P 500 + 1.36% Nasdaq + 1.02% On weekly basis the Dow Jones had a gain of +4.1%, the S&P 500 +2.2% while the Nasdaq had a loss of 0.6% 2. The outlook of Wall Street right now is : Uptrend. . The Uptrend was confirmed on 4th of November with our follow through days on Dow and SP500 and on 5th of November with the follow through day on Nasdaq. The distributions days are 1 for SP500 and 2 for the Nasdaq. 3. Technical Analysis for Nasdaq Resistance : 12081 Support : 11542 (which is also the EMA21) 4. Expectation for the next week : Higher
TVC:IXICLong
by dionthas
XTZ on the next Bitcoin $250k Peak with three possible pricesXtz on three possible price points going into the next Bitcoin Bull Run 2023. Keep in mind Tezos is a baby platform but with a massive war chest of over $600 million from their ICO. They are a likely candidate like Cardano to displace Ethereum as the number two in crypto rankings. Tezos has brilliant coders/programmers and tackling the STO market which will be a massive shift from conventional Wall Street markets. This is a gem waiting to explode. The three price targets I have her are between $250.00 up to $2,500.00. Please keep in mind that this is only my opinion and I am basing this on the current trendline trajectory that is apparent on this three-year chart.
COINBASE:XTZUSDLong
by altcoinb
5
Which Companies May Win More from the U.S. Election GridlockThe only manifested gainers from a lasting uncertainty surrounding the final U.S. election results seems to be, for now, some European, Asian and other non-American stocks. For example, the German Xetra DAX 30, as well as the French CAC 40 and pan-European Euro Stoxx 50 indexes are climbing higher for the fifth straight trading day in a row. China’s Shanghai Composite (SSEC) also added around 3% compared to last Friday's closing price. The Shenzhen Component rose 1.72%, and Hong Kong’s Hang Seng Index soared 3.25% today. Even in Australia, the broad S&P/ASX 200 index gained 1.28% today and around 3.5% since the beginning of the week. As investors await to see who will be recognised as the legitimate political leader of the United States after a series of lawsuits claimed by the juridical team of the incumbent President Donald Trump, the U.S. S&P500 and high-tech Nasdaq indices are also in overdrive, going up on the path of least resistance, maybe because the stock markets are used to growing year by year under both Republican or Democratic administrations inside the White House. So, it is not a big surprise that after the previous technical correction large amounts of the financial flows were redirected outside the United States in this suspended situation. At the same time, it may be argued that if formally leading Biden wins the election, then a corporate tax increase promised by him may temporarily play against the market and negatively compensate for the yet-to-be-adopted stimulus package, which may add to rival attractiveness of assets from Europe or Asia. In case that Trump succeeds in court, the U.S. market could get an additional burst that may continue a four-year long "Trump-rally" by inertia, which also could quickly help other markets. Perhaps for these reasons, Europe and China are now getting a fair slice of the investment pie. For example, Hong Kong stocks of Alibaba jumped 5.7% for the next 24 hours after Election Day, even though Chinese regulators halted the Shanghai and Hong Kong arms of Ant Group’s IPO, an affiliate FinTech unicorn company of Alibaba Group, which was expected to become the world’s biggest IPO listing. Of course, Chinese companies are partly hoping for tariff relief on the American market in case of Joe Biden's arrival to the White House. A situation with a rather weak next President may not be considered so bad for Chinese manufacturers and IT-companies, as any next U.S. President could be tied in his decisions after the nation was so divided politically. Meanwhile, the Democrat candidate Joe Biden claimed victory in the states of Wisconsin and Michigan earlier in the day, which inches him closer to the White House. However, the decisive battle of 2020 has not yet been lost by Mr Trump. So, it seems that he has a real chance of successfully challenging the alleged oddities with the ballots in the courts: as in Michigan when all of a sudden 128,000 votes for Biden appeared after one of the official counting updates, but for the same short period there were not even a single vote for Trump. This could be considered a clear reason to request the re-counting of all votes in this state. There was also a strange situation in Pennsylvania where Trump was leading 56% vs 42.5% by half a million voices before the very end of counting all in-person votes. Trump’s advantage in this situation may be seen as too large to overcome with mail-in ballots. However, the margin narrowed by European midday today to just 2.6%, but still in favour of Trump, and so far the sitting President also has a chance in Nevada, where 25% of the ballots have not yet been counted, and the difference is only 8,000 votes in favour of Biden. The gap in the key Wisconsin state is also only 20,000 votes, so the Trump team demanded a recount there. It may take a couple of weeks to figure out all these nuances. As for the U.S. market, mainly those companies whose position are doubted are growing in price. For a long time these have been big techs, with Google, Amazon and Apple as bright representatives, and retail chains or food and drink companies, which do not require their consumer to spend a lot of money. It's hard to expect that profits of companies like Coca-Cola or Walmart, Starbucks or McDonalds would critically depend on who is the President of the United States or even on the pandemic. The last thing that people of large cities and small towns of the world may save on, even in a tight economic situation, is a fast-food breakfast or a subscription to a channel with fairy tales and cartoons for their children like Disney. That's probably why shares of all the companies listed above added between one and two percent yesterday, and some of these companies have even grown more since the beginning of the week. For example, a battery car maker Tesla or shale oil companies and banks are potentially more dependable on the election results. In Germany, especially in the retail sector (+1.75% until noon), pharmaceuticals and healthcare sectors (+0.75%) plus financial services (+0.95% for the first two trading hours) led shares higher today. The technology sector (TecDAX index) climbed almost 2%, in addition to 2.49% on Wednesday's close. As for the French market, it would be worth a separate mention that CAC 40 futures price is already approaching its peak levels of mid-October despite more than 10% losses in price at the very end of the month which were caused by natural worries, as it all came after the rather strict orders by Palais de l'Elysee for the partial quarantine measures throughout the country. ArcelorMittal is also in European focus after the Luxembourg-headquartered company, which produces around 5% of the world's steel, beat the average Q3 2020 expectations for its financial results. After the spring lockdown lows, the steelmaker said its core profit fell 15% from a year earlier to $901 million, compared with an average forecast of $838 million in a company-compiled poll. CEO Lakshmi Mittal remarked that steel markets had recovered from "a very challenging second quarter", with particular improvements in profits in Brazil and its unit grouping South Africa, Kazakhstan and Ukraine.
TVC:SPX
by Frederico_FXAnalyst
DJI (8H) - still a bear marketI show why the DJI (Wall Street) is still a bear market - at this time (only). Expand the chart for a better view. There is what looks like a parallel channel heading south and two sharp ATR switches. Price moves around in the channel, breaks out and back in. Note also that what looks like a channel now, could change into some other formation. The market does as it likes. This formation is not predictive. It can give an idea of what to expect, from wherever you find price on your chosen time frame. Very unusual things can happen with channels. Some may have seen a recent fallout on the 2H time frame (which doesn't mean the same thing will happen on this time frame. ) Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. 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
It's not a bird. It's not a plane! It's a channel. Nobody really knows for sure why channels develop. There are loads of theories. I'm not interested. A channel is usually discovered late, obviously because the channel is evolving and then you see it. Unbelievable as it is, it is there. So what do you do. Well, I don't give advice. What I do is understand that there may be limited opportunity to exploit. I say limited because when late in the game, price can break up out of the channel or down out of the channel. That means that if price approaches either end of the channel, it is a critical time. All one can do is take the loss! It's called a stop loss. Channels also do strange things like break out and then go madly the other way. If everybody had a magic formula how to work them, everybody would be zillionaires. It ain' t happening! But there is still money to be made by following microtrends. That's where you follow small trends from 3 min to 15 min. These can take days to play out. For newcomers it's not a good idea to work blindly in a channel. Find other indicators to assist. Experience is also an important thing. As I always say blowing up 10 Tradingview paper trading accounts is far better than blowing up one live account. Get the safe experience almost totally for FREE!
FOREXCOM:US30Education
by Captain_Walker
AMD whats your next move?😩 Some times we are faced with difficult decisions in the trading/investing space and this comes from the psychology and emotion of the game. 🐻 I pride my self on being pretty emotionless when trading, in fact some times I can be pretty brutal when it comes to day trading shorter time frames. But I dont just trade and there is a big difference between trading and investing. 👨‍💼 I invest into other asset classes as a defensive play or a way to hedge into global markets and this comes from the saying "never put all your eggs into one basket" You see if all you did was trade the one asset and just keep accumulating and accumulating to the point the majority or all of your wealth is in the one asset, if anything where to happen like say...Apple closes the doors one day, the ethereum blockchain gets hacked, or the USD collapses, you will quickly see your hard earn disappear very very quickly. 🐻 So I have learnt over time to play other markets, industries and asset classes as a defensive move to protect my wealth. Precious metals and other commodities, foreign currencies, and even equity markets which can be broken down even more into multiple industries like pharmaceutical, banks, real estate, entertainment and payment systems. 🥰 Over the last 12 months I have been really enjoying the long term growth in the US markets playing on the New York Stock exchange, but today I'm faced with a dilemma .....and I feel like I'm breaking one of my rules. 🤓 A while ago now I jumped into AMD at $33, I'm sure you have all heard of them, they are a huge CPU/GPU manufacturer for computers and graphics cards, something that is mass produced and for ever evolving. Recently there competitor Nvidia came out with there new range of graphics cards and AMD took a small hit while there competitor shot up...How ever. Nvidia's launch was not the best and there has even been some issues with there new cards and bad reviews, and to hit back AMD now releasing details of there new Zen chips which look to blow Intel out of the water yet again. 😤 So we have some pretty bullish fundamentals, but here is the problem I'm faced with. The chart is cooked lol We are well and truly off the long term growth trend, we have had a parabolic run then accumulated with in a tight zone and now seem to be forming a flag pattern on the higher time frames. Technical's are telling me "be happy with your return, drop your bags and wait for another entry back on the long term trend". But I'm a massive AMD fan boy, I run there cpus in all my pc's and laptops, i even use there graphics cards and I feel like the new Zen chips could see some more spikes on the charts in coming months... 👉 This is why its important to separate emotion from the charts, it clouds your judgement, you doubt your self and often end up making poor decisions. The downside seems temporary and I'm confident on a return to the bullish trend which in tern will provide more steady growth long term. A rise from this flag will see us deviate further from the long term growth hinting the chance of a much larger correct to even pit us below the long term growth which can in some cases on a technical stand point indicate a down trend forming... what to do what to do?
NASDAQ:AMDLong
by DeNomics
2
The fall of U.S.Dollar and how to trade itWith unprecedented steps of QE, as issues by FED and the current U.S. administrative, it's obvious and expected that the consequences won't wait for long. Given the current situation in the world, I expect we'll witness rapid downfall at least till the summer 2021 which might sink by as much as 30%. On the background of upcoming Bitcoin and other cryptocurrencies rise which will top at the break of 2021/2022, this might lead us to revisit the future of centralised banking. Kenzo
INDEX:DXYShort
by KenzoYagai