20% gain in premium on this one, pretty aggressive.... started at 0.23 -5345 +5350 0 DTE SPX
Down to 510 is possible on AMEX:SPY , there are some gaps there. We'll see. I wouldn't start buying until the VI shows either one more high or a double top.
Hello traders, I want share with you my opinion about Gold. The price started to grow from the buyer zone between 2885–2905 points, forming a clean bullish impulse and entering a broadening wedge structure. During the uptrend, Gold made several rebounds from the support line and broke above the current support level at 3070, which later became a key point in the price structure. After reaching the resistance line of the wedge, the price turned around and began a downward correction. The decline brought it back into the support area between 3087–3070 points, but this zone has already failed to hold the momentum. Currently, XAU is trading below the upper boundary of the support area and showing clear signs of weakness. The breakout to the downside from the wedge structure has already taken place, and the price is starting to form a local pullback. I expect this pullback to be short-lived, followed by a continuation of the downward movement. My target for this move is the 2990 level, which aligns with the support line of the broadening wedge and serves as the next strong reaction zone. Given the failed rebound from resistance, the breakdown of the support area, and the structure of the broadening wedge, I remain bearish and expect Gold to continue declining toward TP 1 — 2990 level. Please share this idea with your friends and click Boost ?
The key support and resistance levels for SPY today are above. Follow me to get this notified when I publish in the morning. My group in my signature, get these first, then ideas, and then minds; I also post these for QQQ TSLA META VIX in my group, so join if y'all haven't. Understanding key levels in trading can provide valuable insights into potential market movements. These levels often indicate where prices might reverse or consolidate, serving as important signals for traders considering long (buy) or short (sell) positions. Calculated using complex mathematical models, these levels are tailored for today's trading session and may evolve as market conditions change. If you find this information beneficial and would like to receive these insights every morning at 9:30 AM, I invite you to support me by boosting this post and following me @OnePunchMan91. Your engagement is greatly valued! However, please note that if this post doesn’t receive more than 30 boosts, I will have to reconsider providing these daily updates. Thank you for your support! Need any other charts daily, Or how to trade this? Comment on this.
Hi there, ADAUSDT appears bearish on the M30 due to lower high pressure. The target is 0.5827, with a bias towards 0.5263. Monitoring will be required. Happy trading and have a lovely weekend. K. Not trading advice.
The next price action of TP bank Stock Maybe a new opportunity appear with TPB
We should see price bounce up and make some continuation long. We have also tapped into a key order block. We have hidden bullish divergence on the M5 & M15 timeframe.
EURUSD Hindsight Study April 3 Analysis Asia Price expands to consolidation to take the minor buy side swinging down 1 macro Price takes minor sell side unwilling to retrace to the equilibrium level as I suspected. (LTF demonstrates the 2022 model in candle formation which could been a buy signal because the unwillingness of Price to rebalance the FVG 21:15 candle tipping its hand that a bull rally is in play) Note I did not take this trade due to buying in a premium, and price did not retrace to discount PD ray. London 2 macro price takes very minor sell side again unwilling to rebalance the FVG 1 macro created. Buy signal again for a trend day with a parent bias known? 3 macro we see a retracement and full rally reversal to known buy stops, rebalance Sept FVG as targets. 6 macro provided my model rules. Deep premium retracement cycle expected to rebalance recent inefficiently delivered price action. Candle formation noted on LFT-hindsight sell set up. Wasn't interested in anything after London-NY too dicey for me to navigate. However in hindsight with key level of buy side liquidity taken a short set up to rebalance at the 11 macro for the courageous. What tripped me up yesterday was "expecting" for price to retrace lower in Asia and London to set up for a bull rally coming into NY, and the reverse happened. Price expanded in Asia into London with low resistance candle patterns and then reversed. What did I learn yesterday: *I suspected for price to lower it did not-when it only took minor sell side coupled with time, and the 2022 candle formation formed, with identified parent bias all factors for a buy signal in this market *several macro times price would retrace to a FVG half way point and then rally. Easiest to see this on the min charts-great example of low resistance liquidity run *low resistance days focus on liquidity taken on a PD ray for trade set ups
Watching for price action to bounce and test support before pulling back to test day key zone. Seems that overall market has yet to continue to the downside.
The S&P 500 has formed a downtrend channel following the break below the 5700 support level. Trump's new aggressive tariff policy raised the minimum tariff on China to 54%, while China responded with equally aggressive 34% tariffs. The trade war has now officially begun. This escalation is clearly negative for the stock market. Recession risks have risen significantly, and it remains uncertain how much the Fed can cut rates while tariff-driven inflationary pressures persist. Rapid rate cuts could help soften the slowdown but may also risk fueling another inflation surge. That would be the more optimistic case for equities. However, the Fed is likely to proceed cautiously, suggesting that bearish pressure could continue for several quarters. In the short term, the downward trend remains intact. If the S&P 500 breaks the 38.2% Fibonacci retracement level, it may decline further toward the lower boundary of the new trend channel, where a potential bounce could occur. As long as the trend holds, bears remain in control. Note: Powell is expected to speak today. His remarks carry even more weight following the tariff moves by both the U.S. and China.