Follow-through in the S&P 500 daily chart on Monday will be important to reinforce the possibility that buyers are returning to this market. The goal to the upside would be a close above 5700 within the next two trading sessions.
? Bitcoin Analysis – Inverse Head & Shoulders Breakout ? BTC/USD (1H, Binance) is showing a textbook Inverse Head & Shoulders pattern, signaling a potential bullish breakout! ? ? Left Shoulder: Around $78,000 ? Head: Around $74,000 ? Right Shoulder: Around $78,000 ? Neckline Breakout: $84,000 (Confirmed ✅) If BTC holds above this neckline, we could see a strong push toward $92,000+ in the coming sessions! ? ? Trade Idea: Long positions above $84,000 with SL below $82,000 and TP near $92,000. ? DYOR – This is not financial advice! Always manage risk properly. ✅
(1/9) XAU/USD: Gold – Glittering Gains or Gilded Trap? With gold at $2,984.40, is this safe-haven star shining bright or setting up for a fall? Let’s mine the truth! (2/9) – PRICE PERFORMANCE • Current Price: $ 2,984.40 per ounce as of Mar 14, 2025 • Recent Move: Near $3,000, up from recent trends, per data • Sector Trend: Precious metals hot with trade tensions, rate cut bets It’s a shiny ride—let’s see what’s fueling it! (3/9) – MARKET POSITION • Global Role: Safe-haven asset, industrial use in electronics • Supply Dynamics: Central bank buying, mining output steady • Trend: Geopolitical risks pushing demand, per posts on X Firm as a rock in uncertain times! (4/9) – KEY DEVELOPMENTS • Trade Tensions: U.S.-China tariff threats boosting safe-haven appeal • Rate Cuts: Fed easing bets supporting prices, per data • Market Reaction: Near record highs, showing strength Riding waves of global chaos! (5/9) – RISKS IN FOCUS • Economic Recovery: Could dampen safe-haven demand • Market Sentiment: Sudden risk-on shifts might trigger a sell-off • Supply Boost: Increased mining could cap gains It’s a glittering gamble—watch out! (6/9) – SWOT: STRENGTHS • Safe-Haven Demand: Gold thrives in uncertainty • Central Bank Buying: Steady support from global reserves • Green Energy: Use in renewables adds industrial demand Got a golden edge in tough times! (7/9) – SWOT: WEAKNESSES & OPPORTUNITIES • Weaknesses: High prices risk a correction if tensions ease • Opportunities: Escalating trade wars, infrastructure spending Can it break $3,000 and hold? (8/9) – POLL TIME! Gold at $2,984.40—your take? • Bullish: $3,100+ soon, safe-haven rally continues • Neutral: Steady near $3,000, risks balance out • Bearish: $2,800 looms, correction ahead Chime in below! (9/9) – FINAL TAKEAWAY Gold’s $2,984.40 price reflects safe-haven strength ?, but it’s not cheap—volatility’s our ally. DCA-on-dips could catch a dip below $3,000 for a long-term win. Gem or bust?
CAD/JPY has broken the major weekly support and In this case, a massive bearish trend may emerge from the look of things. A retracement to the broken support which now turn resistance may support a further bearish trend. We keep a close watch to see how to capitalize on this emerging trend
Euro is still strong . Last day of a week 15 March Friday , it got a good pump. I am looking for buying opportunities for EURUSD pair. The price closed above 50 percent of previous day. Stands strong. USD is crashing. Best Regards dzhvush
What's up traders, Havent posted in a while. Heres my take and outlook for next week, using the MES1! (SP500) Current Outlook Technical Look: Momentum Bearish -323.25 (looks weak) MACD Bearish, possibly inflecting RSI 36.72, off lows and crossing MA (oversold) 200D SMA at 5775.75 (Below the 50 Day) 50D SMA at 5967.43 (Above the 200 Day) Trending towards a Death Cross Price Action Bullish Engulfing Candle on the March 14 bounce. Price successfully crossed the 5600 Psychological Level We bounced at ~5500 Experiencing resistance in the 5640-5620 Range (expected) Sentiment Canada showed promise as heading towards a (take your best guess at the details) resolution to the tariff fight with the united states. Tariffs remain a major drag on the stock market pricing. Government shut down at time of this post, is apparently narrowly avoided. Gold Set a new high. Outlook for Next Week Economic Reports Monday - Retail Sales 830AM Tuesday - Building Permits, Housing Starts 830AM Wednesday - Fed Int Rate Decision 2PM, JPOW Speech 230PM Thursday - Existing home sales 10AM Notable Earnings Reports Micron Nike Fed Ex General Mills Carinval Cruise NIO Tencent I viewed the Firday bounce as a sort of 'relief rally'. My belief is that we could go higher on the back of it. The market has majorly 'oversold' by the numbers - and the probability of a bounce became increasingly likely. Upside resistance to remain mercurial on the rapidly changing sentiment narrative. A possible outcome: retest the underside of the 200DMA. I do not expect a notable price recovery towards ATH's until the tariff effects are known, which means: I expect higher than normal volatility for several months Earnings projections (in the coming earnings season) will shed the required light on reality. I have been adding long term holds - such as: GDX DAX META GOOG AMZN BABA UNH C CRWD IBIT NVO CMG INDA AVGO I remain ~90% cash at ~3.7% yield. Resistance possibly at: 5672 August 2024 Resistance, September 2024 Support 5724 July 2024 Resistance and later Support 5775 (200 Day SMA)
By the end of the week, Nvidia's stock has surged to $120 , with the strong bullish movement likely driven by positive results from its largest supplier. Taiwanese company Hon Hai Precision Industry (Foxconn) reported revenues exceeding $30 billion and announced plans to establish the world's largest chip manufacturing plant in Mexico, aimed at improving supply efficiency for its main client, Nvidia. This news has restored investor confidence in the short term, and if this positive momentum persists, the bullish pressure surrounding the stock could intensify further. Large Bearish Channel: Despite the recent confidence in Nvidia, it is important to note that since early January, the stock has been forming a large bearish channel, and its current price remains midway within that channel. This suggests that the short-term buying momentum still has room to grow, but it has not yet been strong enough to break the dominant bearish formation. RSI Indicator: The RSI indicator has started showing an upward slope, and the RSI line is preparing to cross the neutral 50 level. This could indicate that buying momentum may begin to take control, especially if the RSI line continues to move consistently above this neutral level in the upcoming sessions. MACD Indicator: The MACD histogram is showing a similar pattern, as it is currently testing the neutral 0 line. If a crossover occurs, it would suggest that the moving average trends are turning bullish, potentially reinforcing buying confidence in the following sessions. Key Levels: $130 – Significant Resistance: This level coincides with the bearish trendline and the 38.2% Fibonacci retracement level. A breakout above this level could challenge the current bearish channel and pave the way for stronger buying momentum. $115 – Near-term Support: This level aligns with the 61.8% Fibonacci retracement barrier. If bearish oscillations push the price below this level, it could completely negate the current buying sentiment and extend the long-term bearish trend that has persisted for weeks. By Julian Pineda, CFA – Market Analyst
Looks like we have a gap fill to finish before price can move back up. It appears D1 is making a bearish pennant to finish the move. High timeframe resistance is up around $22. I think this stock has great potential on a technical standpoint, the high timeframe is showing a bullish breakout from the current multi year consolidation. I will be buying anywhere in the white box.
Looking at Tesla performance since November 2024. Want to identify key trends.
Nasdaq has formed a Golden Cross on the (1h) time frame while also crossing above the Falling Resistance of the last 3 weeks. This is a bullish reversal break out. Trading Plan: 1. Buy on the current market price. Targets: 1. 20370 (the 2.0 Fibonacci extension from the last high). Tips: 1. The RSI (1h) as already been on a Rising Support, hence bullish divergence since yesterday. Please like, follow and comment!!