Indextrading
Potential NASDAQ LONG Trading PlanAs expected, NASDAQ is currently on pull back before rallying up again retesting the highest pivot point of 10144.
Work Form Home policy has apparently given a significant positive impact of NASDAQ index as stocks like ADOBE has surged in terms of its revenue last week. I see nothing can stop these technologies bunch as it is immune to the recession as compared to brick and mortar business models.
Trading Plan:
i) LONG when it reaches pull back 1 at 9467.3 and pull back 2 at 9279.4 with the target Take Profit point at 10144.
Author:
S.I.D. Aizu
Nas100US technology stocks has shown a great retest into the 8950 zone which is a key demand.
We saw a perfect retracement to the zone, an impulse move and a liquidity grab.
Now we should see price move up.
We have a hidden order just incase price moves back again for one last move - but then the block we believe will provide a good base.
Thanks
Lupa
Us30 - from FridayPrivate trade we took
Cannot upload everything we analyse - but this one was necessary as the target is was left to its own device here.
We only used a 0.5 contract to run to the target
and closed the other 1.00 before at target I.
The reason for the trade?
W bottom formation - included a double bottom on the 15min pattern.
We entered early and then as the rejection of the double bottom. again.
With indices you have to use a larger stop but with correct entry points it is possible to have smaller ones.
The base consolidated in the box and had some rejection wicks. we waited for the zone to re-enter to signify a fakeout.
How far can we see Dow Jones Drop? 15000?On market open Dow jones was trading around the 18000 level. It seems the coronavirus is really taking its effect. If we can see a drop into the 15000 level where the lows of 2015 are this will have erased 5 years of growth in simply weeks. Crazy movement we are seeing the past few weeks. If anyone is not familiar with dow jones it is an index containing 30 stock market companies in the United States. Index trading can be very volatile especially now but if we do see a pull back to the 15000 level i will be entering a long position as it is a great opportunity for the recovery period of the corona virus.
SPX500 - O Crap! Are we in for the mother of all corrections?From a Elliott Wave Theory perspective it looks like the monthly S&P500 has completed 5 waves up - so the theory dictates we need to correct the 5 waves up with three waves down. The prior 4th wave low is usually the end of the retracement. However, retracements can go all the way back to the prior 2nd low !!!
#SP500,The declines to where?The SP500 dropped last week and stopped just above the average moving line 100 on the weekly graph, if we look at history in the last two serious price correction, The SP500 fell and did not stop at the 100 moving average line, but continued to the 200 moving average line
According to Stochastic and RSI, the declines have not yet come to an end.
Right now the SP500 is still very technically bullish
Our target will be above the 200 moving average line: $ 2686
The 2020 Election Bull run - The Scandal-mongers they were rightJust a little thesis I put together for what might spark the next bull run.
Interestingly leading into each presidential election since the GFC the markets have plateaued for 18 months. After the 2012 election it was QE3 that sparked a bull run & in 2016 it was Trumps bullish corporate policies.
Yes there has been other factors but now the big question to ask is "what could be the catalyst for a bullish market rally after the 2020 election"?. I propose that it could be the fact that the markets finally swallow the bitter pill, that being, interest rates are never going to normalize again. At this point in time I cant see anything other than this being the spark for the next upward run. The appetite for income could see sovereign wealth funds, governments, corporations buying up and cannibalizing everything. Margin debt is set to go off the richter. This could nearly be like a fire sale. Let me know what you think will be the next bull run catalyst - Cheers
#CAC40, The big landslide has begun?We are still a long way from getting the double top pattern confirmation but we have an interesting start here, just in case the CAC40 dropped below 5000 points so the trend change will be final.
RSI + Stochastic 2 These indicators indicate more room for declines.
Target: $ 5450
Can the S&P 500 grind higher?Basic analysis of the last two growth periods for the S&P 500 gives us an average headroom value before we can expect next pullback. As we are already through the low-end estimate of 4095 experienced during 2018, we look to the average value of 5471, giving us a price target of $3400 on the /ES. This has been a consensus call among many institutional equity traders since the beginning of the most recent trend in Sept/Oct. 2019.
ALSI - J203 WeeklyWe ended the week with price still within the bigger triangle, i have been trading the range.
- 200ma trending upwards
- Its likely that the top of the triangle will be tested
- Will look to price action to see if we gonna breakout or retrace to the bottom of the pattern.
- We currently in the middle of a hourly triangle.
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
JSE:J203
ALSI J203 - Building Shorts to target gaps below- Short trade has triggered
- Targeting the gaps below
- SL above HOD
J20 3
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
ALSI - J203- Important level for the ALSI to hold onto
- It will get nasty if we break below the low on volume
- tochastic oversold and turning up
ALSI - J203 (Monthly)- ALSI ended the month on a positive note.
- Markets are looking bullish and i expect the ALSI to follow.
- I will be focusing mainly on LONG setups when trading the index.
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
ALSI - LONG (DAILY)JSE:J203
After yesterday's wild ride (mid-term budget speech), price has arrived at the neckline of the setup i was looking at.
Click on the link to view
Markets are looking bullish but we still have Moody's release coming up which could throw a spanner in the works
for the JSE and ZAR.
I'm favouring long positions at the moment. Any pullback will allow for a better entry, first target will be the open gap
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
ALSI - JSE - LONG Idea- Inverted head & shoulders on the ALSi
- Needs to break the neckline and close to confirm (30min candles) JSE:J203
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
SP500 Short the resistance retest. Decent R/R ratio. Daily chartShorting this second resistance touch on SP500.
Reasons:
Second touch on resistance
Bearish RSI
Dropping bullish volume
Decent R/R
Strategy:
R/R = 2.81 or 4.23
Entry: around 3010
Stop: 3054
Target 1: 2888
Target 2: 2819
Please follow and smash the like button to support my work and see even more free TA :)
Trade safe friends!
TRADERSAI.com - A.I.POWERED S&P 500 MODEL TRADES for TUE 10/01Pivotal Month Ahead: For Today, New Month in-flows to Keep the Markets (Artificially) Up?
In the absence of any major drivers, markets are mainly driven by exogenous factors such as the quarter end window dressing (yesterday), and potentially beginning of the month inflows today.
As we wrote on Friday morning, the SPX is stuck in a range of 2945-2995, until something pushes it out meaningfully in either direction. In the meantime, expect directionless meandering within this range.
Read below for our models' trading plans for today.
tradersai.com
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #impeachment
TRADERSAI - A.I. POWERED MODEL TRADES for Today, MON 09/23Geopolitical Headlines or Economic Releases to Dominate this Week?
Expect a lot of headlines involving the United Nations, the unfolding Trump-Ukraine scandal, and key economic releases this week (Consumer Confidence, Advance Trade Balance, GDP number, Durable Goods, and PCE Core).
Which one of these could drive the markets which way is anybody's guess, but our models indicate a slow grind up rather than down unless some major negative headline hits the wires. Read below for our models' trading plans for today.
tradersai.com
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #Fed, #Saudi, #Iran, #FOMC, #UnitedNations