#QQQ New Buy Signal ?It appears that the A-B=C correction in the 5th wave down, in the #qqq, has completed. The #FED will make its #prepared #announcent of its #50 point basis increase.
This #cycle low could be the basis of a huge #rally for the next #4 to #6 weeks. but ass always, we await for #confirmation. There has been a lot of talk for a much needed 75 basis point increase that should be implemented this meeting. As long as #FED #powell sticks to his announcement, I would expect the #qqq to rally.
Will keep you update.
DIA
Why volatility is the king among all financial markets?With the usage of ATR, applied on the close of the daily candle, I have calculated the volatility channels for the daily TOP and BOTTOM.
Based on this logic, we can estimate, with a huge confidence factor, where the prices are going to be compressed for the trading day.
Having said that, lets take a look at the data gathered among the most important financial markets:
SPX
TOP CROSSES : 2116
BOT CROSSES : 1954
Total Daily Candles : 18908
Occurance ratio = 0.215
NDX
TOP CROSSES : 1212
BOT CROSSES : 1183
Total Daily Candles : 9386
Occurance ratio = 0.255
DIA
TOP CROSSES : 759
BOT CROSSES : 769
Total Daily Candles : 6109
Occurance ratio = 0.25
DXY
TOP CROSSES : 1597
BOT CROSSES : 1598
Total Daily Candles : 13156
Occurance ratio = 0.243
DAX
TOP CROSSES : 1878
BOT CROSSES : 1848
Total Daily Candles : 13155
Occurance ratio = 0.283
BTC USD
TOP CROSSES : 416
BOT CROSSES : 417
Total Daily Candles : 4290
Occurance ratio = 0.194
ETH USD
TOP CROSSES : 247
BOT CROSSES : 268
Total Daily Candles : 2452
Occurance ratio = 0.21
EUR USD
TOP CROSSES : 820
BOT CROSSES : 805
Total Daily Candles : 7489
Occurance ratio = 0.217
GOLD
TOP CROSSES : 1722
BOT CROSSES : 1569
Total Daily Candles : 13747
Occurance ratio = 0.239
USOIL
TOP CROSSES : 1077
BOT CROSSES : 1089
Total Daily Candles : 10231
Occurance ratio = 0.212
US 10Y
TOP CROSSES : 1302
BOT CROSSES : 1365
Total Daily Candles : 9075
Occurance ratio = 0.294
Based on this, we can assume with a very high confidence ( 70-80%) that the market is going to stay, within the range created from the BOT and TOP ATR points.
DIA formed bullish Gartley | A good long oppottunityHi dear friends, hope you are well and welcome to the new trade setup of DIA token with BTC pair.
On a 4-hr time frame, DIA has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
S&P Growth (SPYG) Channels since 2002 - Way, Way Above NormalFYSA, SPYG tracks teh top 50 largest securities in the S&P 500. Holds 5 of the 6 FAAMNG stocks, which accounts for 39% of the ETF.
I laid out what I see as the 4 main channels for SPYG. It is clearly obvious that it the current trend is way above the trend from both the 2002-2008 and 2010-2019. You can see the 2020-22 rally was an extension of a trend that started in 2019 that was interrupted by the COVID crisis. It truly was the once in a life time opportunity for most traders.
Now the more subjective part. This really depends on if you believe the market will eventually return to the mean. To me, it looks like the party is over and we are going to see a return to one of the lower channels in the coming months and years. We could see a 2nd attempt to test the red channel, but the outlook with reduced QE and continued challenges from inflation, Russia, and Covid are not fertile ground for this continued irrational market behavior. The most obvious trend change to me would be to work its way down in to the blue channel, probably stepping down on the major support/resistance lines. Not sure if it would be better to slowly do this, or end up with a 2000 or 2008 crash. At least a crash has major opportunities for VIX ETFs and its like a band-aid.
Check out the 1D chart below. You can see how the price jumps around the channel edges.
1W
1D
XLF (Financial Sector ETF) - Support Bounce Hammer Candle - 1DXLF (SPDR Financial Sector ETF) price has bounced up from 0.618 fibonacci support on the daily chart.
Entry (long): $37.53
Take Profit +3% (exit): $38.66
Stop Loss -1.5% (exit): $36.95
Note: Many Finance related stocks have a similar pattern on either the Daily or 4-Hour charts. Could see an industry-wide bounce up if fibonacci support levels hold this month.
-BAC (Bank of America)
-WFC (Wells Fargo)
-C (Citi Group)
-JPM (JP Morgan Chase)
-MS (Morgan Stanley)
All content is Not financial advice. Trade at your own risk.
Analysis of DIA, QQQ, SPY, VIXYLong term markets are still long, but price action and VWAP analysis is showing weakness today and yesterday which may roll over into a further correction down in price. The VIX is a little less bearish about market direction on an intraday basis.
My bias is down or sideways. There is an increasing amount of resistance to the upside and not a lot of base building to move through up through the resistance IMO.
GOLDEN RATIO TURNS PAST AND FUTURE 2022 All turns past to present and including the PANIC CYCLE FOCUS DATE MARCH 18/21 2020 are moving forward and all within 2 to 13 days on long term basis .I see a rally to a new high if we can hold 21 % decline within the sp 500 this rally will be a min of 14% but no more than 19.8 to 20.5 % from this low . Fractals second basis other than the Golden Ratio and SPRIALS are pointing in the same patterns It will see a very good low on oct 4-10 plus or minus 6 days at most best of trades ! WAVETIMER
AAPL (Apple) - Bearish Double Top & Momentum - 4 HourAAPL (Apple) stock price has double-topped below $179.11 and has established a lower-high in the price.
Bearish momentum has also begun on the MACD indicator (medium-term time frames).
Entry (short): $175.25
Profit Target +5% (exit): $166.15
Stop Loss -2.5% (exit): $179.68
Intra-day price fluctuations will occur everyday. This chart setup may take several weeks to complete.
Utilize stop loss, profit targets, position sizing, and risk management.
Note: Many stocks and ETFs have reached a price resistance zone, and are showing signs of potentially reversing down.
All content is Not financial advice. Trade at your own risk.
X (United States Steel) - Bearish Double Top & Momentum - DailyX (United States Steel Corporation) stock price has double-topped below $38.57. Bearish momentum (MACD) has down-crossed on a daily time frame.
Entry (short): $37.25
Profit Target +12% (exit): $32.76
Stop Loss -6% (exit): $39.49
Utilize stop loss, profit targets, position sizing, and risk management.
Note: Many stocks and ETFs have already rallied up for the past two weeks, signs of price potentially topping out have formed.
XLB (Materials sector ETF) price has also reached a Resistance Zone and could possibly pull back to the downside.
All content is Not financial advice. Trade at your own risk.
DIAUSDT TECHNICAL ANALYSIS DIA lost almost 90% from May 2021. Is it time to reach last ATH again?
The candles are break out resistance line and break out down trend line as well. You can think it is break out from triangle too. We have received couple buy signals from @EngineeringRobo as well. If next candle open-close completely above down trend-line and If resistance line turn to support line, earning might be INEVITABLE.
Let's follow our chart closely and let's earn together. Please don't forget to follow me as well.
"NFA"
Dia is a Dia-mond? In recent weeks, there has been a significant increase in volume .
I'll be watching this volume increase at the bottom.
What do you think of Dia? Please share your comment.
* None of what i write here is not an invesment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose your money.
DIA 320/315 Put Credit Spread - March 18th ExpiryDIA - The index ETF I like to trade but never gives me liquidity haha.
Fill: 0.544 Fill (after comm)
Strikes: 320 short - 315 Long
Max Loss: 500-54 = 445
Short leg delta': 0.16
Reasoning:
1. White lines identified support/resistance zones
2. 10% return on margin and 16 delta short leg was below these zones and provided additional margin of error
Simple trade with simple management - 50% take profit or -200% stop loss
Questions, Comments, Leave them below!
Why is the S&P price holding/bouncing at the current level?Because it is sitting on top of the trading channel that it defined since the turn of the 20th century. The only time that the S&P broke above this channel was the dot com bubble. That is a pretty ominous sign if you ask me. The good news is that the S&P is still inside the blue channel that started in 2009.
1D
4h
2h
2 year prediction of total2, by Dia. big dump incoming.Seems like in a week or so we get the big answer. Market looks extremely bearish , I personally dont believe we can break the resistance
Pattern looks incredibly bearish.
We always dump before halving
the cup is drawn too big, it should not break the previous support of 462b
btc 19k bottom, maybe scam wick to 13k
expect 2020 highs of every altcoins, and some altcoins to completely be destroyed