Looks good for a bounce on AMEX:SPY once it comes into this GZ area.
For me, MSFT is no more longer focussed on their core business. Technical absolut incredible: Negative divergence on RSI Flat on OBV Diamond head formation. Bear market for 12-18 months. Target around 300 USD with gap filling.
Get ready for acceleration; the best option is to aim below 99,500.
And leaves a tiny one on today's open up top...Oops. Couple of those lower ones were on a different time, but lots of these on the daily chart forgotten behind. Someday...my SPY crash will come...
Bitcoin on H1 timeframe shows a strong potential signal sell due to formation of bearish flag breakout,This potentially attracts more sellers in the next trading days Entry:94000.3 Target 1: 90784.1 Target 2: 86564.6 Target 3: 79813.2 Please like and comment on this idea to enable us share more quality analysis with you Thanks, Wireforex
Potential local top Target 4800 area I am anticipating a difficult year ahead for us stock market, we'll s&p500chart indicating a top right now in my opinion.
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Dow Jones turned bearish again on its 1D technical outlook (RSI = 41.280, MACD = -138.420, ADX = 33.278) as it failed to hold the 4H MA50 as support today and crossed under it. The 1D MA100 is coming in as the next level of support, which formed the Dec 18th-19th low. According to the 4H MACD, the index formed during those 2 days a bottom similar to of August 5th. As long as the 1D MA100 holds, it is more likely to see a bounce above the 4H MA50 again like August 13th. Our goal is a wave, so we're targeting the R1 level (TP = 45,000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
After an year of consolidation. Finally its getting price action and volumes.
The USD/CAD trading chart is showing an upward trajectory, presenting a favorable setup for short-term buyers. The price action suggests bullish momentum, potentially driven by positive market sentiment or economic indicators. Traders might consider entering buy positions while closely monitoring resistance levels and market news for any potential reversals. Risk management strategies, such as stop-loss orders, are recommended to mitigate any unexpected market shifts. Keep an eye on key levels to lock in profits effectively.