? S&P500 – 8th week of the base cycle (average 20 weeks), which began with the pivot forecast on January 13—still in Phase 1. The bear is completing the overdue 50-week and 4-year cycles. Target levels were outlined in the previous post. Based on cycle timing and structure, signs of Phase 1 completion are emerging. ? Retrograde Venus pushed indices lower after Friday’s attempt to bounce. On March 3, the extreme forecast provided an excellent intraday shorting opportunity right after the regular trading session opened—the market never looked back. ⚠️ Short positions remain from January 24 or the triple top on February 20. The next extreme forecast is March 17—a classic setup coinciding with the start of retrograde Mercury. At the beginning of the week of March 10, there’s a chance of retrograde Venus retracement lagging upwards (mentioned in the last report). This could mark the closure of Phase 1 of the base cycle.
Everything seems to be at an inflection point with currencies taking the reigns for profitability ?? EU/GU are inversing the dollar really well as always with that strong direct correlation. This is why we at Hollywoood Trades believe in market diversity. It is good to understand what should happen and what will be the result of an out of sync indices and metal market vs. the currency direct correlation pairs. Share with someone in need of strong levels ?
say what you will but what I see here is a long term trend intact. In a 3 month chart I see TSLA is in a squeeze, once released take the trade. If the squeeze is with Up momentum, scale or deploy in to the position. You can also buy a put at or near the current levels as indicated by the current fibonacci support line and also sell a near term put at the below fibonacci support level. If expires worthless keep selling a shorter term put to raise money - this might give you additional income which may pay off the long term (LEAP) put you bought near the current price.
3/10 Gold price range: 2885----2930 This week, the gold price closed positive, but it has not broken through the range. Currently, gold is in a high consolidation stage. The daily K-line shows an obvious oscillation pattern: The upper pressure is at 2930 points The lower support is around 2891 points and 2885 points. In terms of operation ideas, it is recommended to adopt a low-multiple strategy in the range. The specific operations are as follows: Long order suggestions: long near 2896, stop loss set at 2888, target 2916, 2925. Short order suggestions: If the upper 2930-2925 pressure area is not broken, consider shorting, and the target is the support level within the range. If it breaks through: The upper breakthrough continues to rise, and the pressure is at the high point of 2945-2956; the lower breakthrough continues to be bearish; the support is at 2870-2860! It should be noted that the trend of next Monday is still unclear, and the specific operation needs to be adjusted according to the actual situation after the opening. I will post my guide below the article as soon as possible. Thank you for your comments and attention.
Hello Guys Here Is Chart Of BTCUSDT in 1-H AT Resistance: The upper trendline of the triangle around 86800 - 87200 Target Will Be : 84100 Support: The lower trendline of the triangle around 83800 This setup indicates potential Bearish momentum , If the price stays above support, it may go up again. If it breaks below, it could fall to the target.
As of March 9, 2025, gold is trading at approximately $2,919.80 per troy ounce. Forecasts for the upcoming week (March 10–14, 2025) suggest a potential decline in gold prices. Predictions indicate that gold may reach around $2,789 on March 12 and $2,784 on March 13, with a slight rebound to $2,825 by March 14. Technical analysis indicates that gold prices have experienced a slight decline recently, with spot gold falling by 0.1% to $2,892.00 per ounce on March 4, 2025. Given these projections and technical insights, setting sell targets at $2,860 and $2,850 for the upcoming week aligns with the anticipated market trend. However, it's essential to consider that gold's long-term outlook remains bullish, with forecasts predicting prices could reach $3,265 in 2025 and $3,805 in 2026. Please note that market conditions can change rapidly, and it's advisable to stay updated with the latest analyses and forecasts before making any trading decisions.
https://www.tradingview.com/x/YkvXMzs7/ Here is my latest structure analysis and important supports and resistances on Gold. Resistance 1: 2916 - 2932 area Resistance 2: 2952 - 2956 area Resistance 3: 2998 - 3002 area Support 1: 2832 - 2855 area Support 2: 2772 - 2786 area Support 3: 2714 - 2740 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
https://www.tradingview.com/x/2zzm0VWE/ Here is my latest structure analysis and important supports and resistances for EURUSD for next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
In my previous post, I warn the level BTC can drop and nobody seems to care lol coz all are Moonboy. If BTC retest to 96k and stay above 96k, bye bye to your dream all-time high again.
Based on the TradingView chart of Bitcoin/Tether and considering the $3 billion options expiry today, here's what we can likely expect: Immediate volatility - Expect increased price swings around the $85,000-$86,000 level as market participants adjust positions before and after expiry. Continuation of the downtrend - The chart shows a clear descending channel (red lines), with Bitcoin having broken through a significant support level and potentially heading toward the next support around $59,700. Potential consolidation near current prices if this level is close to the "max pain" point for expiring options. Post-expiry reaction could yield either: A quick bounce back to $90,000-95,000 if traders were predominantly in short positions Further decline toward $70,000-75,000 if the options expiration coincides with broader selling pressure The technical picture suggests we're in a correction phase of a larger bullish trend, though bearish sentiment currently dominates. The weekly chart shows Bitcoin is down 8.84%, having lost about $8,330 in value recently. This options expiry could serve as a catalyst that either accelerates the current downtrend or creates the conditions for a relief rally, depending on market positioning.