Given the recent emotional decline in the Dow Jones and S&P500, the Dow Jones is expected to make an upward correction from the bottom of its confirmed trading range. The stop loss is equivalent to the closing of the 4-hour candle below today's last low, with a target of 43,500 in the final step.
? Is the NASDAQ 100 in a Bearish Impulse Wave? Based on Elliott Wave analysis, NASDAQ 100 appears to be in Wave 3 of an ongoing bearish impulse (Wave A or 1). This setup suggests that after the current downward move, we might see a corrective structure before another leg down. Key Insights: ? Wave Structure: The first wave of this move was a leading diagonal, followed by a pullback. Now, we are likely in Wave 3, which could extend further before a corrective phase begins. ? Retracement Zones: After Wave 3 completes, we expect a corrective structure (Wave 4), which typically retraces between 38.2% and 50% of Wave 3 before Wave 5 resumes. ? Trading Strategy: The most favorable entry zone would be during Wave 5 of A (or 1), ideally in lower timeframes such as H1, H4, or even M15. Before entering a trade, we need to confirm a three-wave corrective structure—whether it forms a sideways correction or a complex zigzag. ? Critical Levels to Watch: A break into Wave 1 territory could invalidate the impulse structure and shift the outlook. If the corrective phase is shallow, a deeper drop may still be on the table. ? Patience is key! Once the correction completes, the next move could offer a strong trading opportunity. #NASDAQ100 #ElliottWave #StockMarket #TradingSetup #BearishImpulse ? What’s your take? Are we heading lower, or will the market surprise us?
TSLA coming to an important support level. It can bounce back for a while, It dropped %55 from top. Positive days coming? Many cryptocurrency dominance charts, as well as Nasdaq and stock charts too, showing the same pattern. Is the reversal starting? Check my other analysis too. We’ll see. This is not investment advice. Please do your own research. Wishing you best. -YusufDeli
VIX drops, SVIX goes up. It's that simple! Have not seen SVIX drop more than these levels and seems like it's hitting a bottom. Potentially a good place to take a position. Best of luck and always do your own due diligence!
With markets in turmoil, it's easy to overlook the growing risk of a U.S. government shutdown. A three-week market sell-off intensified today as investors worry that unpredictable policies from the Trump administration are pushing the economy into recession. The S&P 500 is down 9.1% from its February high, the Nasdaq 14%, and the Russell 2000 18%. A 10% decline is considered a correction. Bitcoin also dropped below $80,000, while the USD and gold are seeing some weakness. Meanwhile, Lawmakers have until Friday, March 14, to pass a funding bill. But House Republicans must secure near-unanimous support. The longest shutdown in history lasted 34 days in 2018 over Trump border wall funding. Now, Democrats again hold key leverage. While Republicans have a House majority, they need Democratic support in the Senate to pass funding. Some see this as a rare chance for Senate Democrats to challenge Trump’s/ Elon Musk’s cuts via the Department of Government Efficiency, though it’s unclear if they will take that risk.
The fibs lined up just under 560 for a few time frames so I'm entering at this point. Many expected a Primary Wave 4 to occur before a fifth wave higher. Can't be sure how long this will last but surprised that people might be spooked by recession talk. Seems that we have been in a recession for quite a while, although it hadn't been reflected in the stock market numbers. Certainly, jobs data for the previous year seemed unbelievable and manufacturing has been in a recession for quite a while.
Will BTC end its downtrend? Bitcoin coming to an important support level. If it breaks down further, a sharp decline may continue to other support, but if it holds at support (77500), the upcoming period could be more positive. Many cryptocurrency dominance charts, as well as Nasdaq and stock charts too, showing the same pattern. Is the reversal starting? We’ll see. This is not investment advice. Please do your own research. Wishing you best. -YusufDeli
Hello friends, Just wanted to post this and potentially call the end of the wave 2 correction of the Major Wave 5. It's possible we have completed this sideways combo. Finishing with a zigzag to finish the Y wave. If we go any deeper it may be actually a larger correction hitting to mid $1.5 ish.. I don't expect that to happen. It would be on the lower probability end. Lets see how everything plays out with the count. I did a small buy at $2.02. Have some more funds on the side just in case we go lower. GOD BLESS and TRADE ON MATT
? Welcome to the TradeCityPro channel! Let's analyze and review one of the popular tier-2 coins together and take a look at this recent Trump news regarding the economic record ? Overview Bitcoin Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together. This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames. https://www.tradingview.com/chart/BTCUSDT/qMJipVxI-TradeCityPro-Bitcoin-Daily-Analysis-29/ ? Weekly Timeframe APT remains inside its large, volatile range, frequently bouncing between its highs and lows. However, this time, it has formed a lower high, which is not a positive sign. Additionally, after breaking $7.78, sellers completely engulfed the weekly candle, and for the past five weeks, all candles have been red with high selling volume, confirming the downtrend. There is no buy trigger at the moment, and I cannot recommend a buying opportunity until the market forms a new structure. For selling, if APT drops below $4.97, it makes sense to exit and accept the loss instead of holding onto a losing position. ? Daily Timeframe On the daily timeframe, APT failed to break the $14.61 resistance. Even worse, it couldn't even reach the previous high before getting rejected earlier, signaling weakness. After breaking below $8.46, the market entered an MWC (Market Weakness Confirmation) downtrend. Following the breakdown, a pullback retest occurred, and the daily candle engulfed the previous two days' candles, leading to further decline. Currently, APT is at $5.70, with RSI in the oversold zone, suggesting a possible short-term slowdown in selling pressure. I personally feel that APT’s drop is sufficient for now, and we might enter a range here before a final move toward the $4.95 support. However, this does not mean it’s a buy signal. We need to wait for a new market structure before considering spot entries. In the current situation, the market is really not very analytical and Bitcoin is likely to hit the $72,000-$74,000 level and then go for a break or bullishness, and you should pay attention to these market times! Don’t be FOMO! ? Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Hello Guys Here Is Chart Of BTCUSDT in 4-H AT Entry Level: Buy Around 77500 Support: Below the recent low, around $77400 - $77000 Target Will Be : 90000 If BTC breaks below this level, the falling wedge pattern is invalidated, and further downside could occur.