I have analyze S&P500 index from USA market. And it is looking weak. I have used various technique to analyze it and then reached conclusion for this target. Stop loss is 5775. Target is given as Apple below.
possible entries on this pair based on technical analysis
Gold fluctuated in a narrow range, and the short-term moving average turned downward, showing initial signs of weakening, but it is still in a bull market overall. Strong buying support was formed at the 3000 mark, and a "W double bottom" structure was formed below. If the 3035 watershed is broken, the historical highs of 3045 and 3057 may be tested. Be alert to the direction choice after the convergence of the angle of the daily moving average, and the trend may accelerate after the break. The 4-hour level oscillation range narrowed (3010-3030), and the moving average was glued and flat. There was no clear direction in the short term, but attention should be paid to the continuity after the break. The low point of the callback slowly moved up, suggesting potential small upward momentum, but it needs to break through the range for confirmation. The short-term cycle support band near 3010 showed a stabilization signal. If the callback does not break this position, it may continue to fluctuate upward. Operation strategy Buy high and sell low within the range Long order opportunity: intervene after the 3010-3012 support area stabilizes, stop loss below 3000, and target near 3030. Short position opportunity: After the resistance area of 3030-3036 is under pressure, try shorting with a light position, stop loss above 3040, target near 3015. Follow the breakout Break above 3035: chase long, target 3045-3057, stop loss 3025. Break below 3010: May test the 3000 mark. If it fails, it will weaken in the short term. You can short with the trend, target 2980-2990.
NZD/USD which appears to be in a bearish trend. the breakout area is significant and could indicate a continuation of the downward momentum. first support level at 0.57000 and the second at 0.56850, which suggests expecting the price to potentially decline further. If the bearish momentum continues, these support levels could act as key areas to watch for potential rebounds or breakouts. Keep in mind that major economic news, especially from New Zealand or the U.S., could impact the pair's movement significantly. If the pair holds below key resistance levels and major news is negative for NZD or supportive for USD, further downside could be likely. Remember like and comments must for more analysis.
Bitcoin is neutral on its 1W technical outlook (RSI = 50.359, MACD = 2868.500, ADX = 51.194) and having rebounded almost on its 1W MA50, there couldn't be a better buy opportunity for the rest of the year. Basically the price is now ranged inside the 1W MA50 and top trendline of the Pi Cycle, while the 1W CCI hit the -100.00 oversold limit. This has been the most efficient buy entry in August 2024 August 2023 even on the Cycle before in June 2021. Even if the market doesn't make an 'excessive top' above the Channel Up, like the last two Cycles, hitting $160,000 would still be under the top of the Channel Up and the top of the Pi Cycle. No matter how high this target seems now, it will still be a pessimistic, 'bad case' scenario. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Reddit (RDDT) has plunged 54.40% in under 40 days, with the price now testing key technical levels. While the broader market is red today, this setup might offer a unique entry opportunity — whether to lower your average or build a long-term position. Technicals are signaling early signs of reversal, supported by an uptick in momentum indicators. ? Technical Highlights: ✅ Sharp bounce from recent lows (~$106) ✅ MACD bullish cross forming — momentum flipping ✅ RSI climbing from oversold territory ✅ First bullish daily Heikin Ashi candles post-selloff ✅ Price attempting to reclaim the 9 EMA ✅ Defined risk with tight stop just below recent support ? Trade Setup: ? Entry Zone: $119-121 (current range) ? Stop Loss: Below $104 (under recent swing low) ✅ TP1: $139 – psychological level & short-term resistance ✅ TP2: $166 – key breakdown zone ✅ TP3: $221 – Below the All Time High & major resistance ? Fundamental Tailwinds: ? User Growth: Daily Active Users up 39% YoY to 101.7M ? Ad Revenue Boom: +60% YoY in Q4, reaching $395M ? Analyst Consensus: 20 analysts → 12 Buy, 6 Hold, 2 Sell ? Average Price Target: $195.37 (➕ +56.37% Upside from current levels) ? Strategic Moves: Partnership with Intercontinental Exchange for monetizing data ? IPO Buzz & Momentum: Despite short-term weakness, Reddit remains one of the most followed and speculated post-IPO names ? Personally, I’m looking at this from a long-term perspective, but for those trading with leverage, the technical setup allows for tight risk management and structured take-profit levels. Volatility creates opportunity — this might be one of them. Let’s see how it plays out. ??
Hint: Zoom in for better Details. Now price re-test the previous major Resistance that couldn't go above for 2-3 sessions now its strong Support level closing above this Zone at current prices indicating buyers exist. Hold Current price indicate we going Higher.
Looking for a potential sell continuation on AU, either it being an impulse down or a correction down. Currently projecting a wave 3/C, which is gonna be a 5-wave sequence as well.
They are playing consecutive bear flags if you measure the poles, next bear price is down near 72000 usdt. Beware of tomorrow GPD and friday CPE. But BINANCE:BTCUSDT looks more promising than SP:SPX with EMA's. The SP500 index in the bearish side it affected by 50EMA crossed both, 100 and 200 in a bearish sign. We are all looking at 200 bounce back to know price movement.
EURUSD is nearing the end phase of the correction and Fibonacci indicates soon reversal possible .