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short term easy money?currently price is around the lvl of the 1st recovery after the covid crash (sept 2020). low risk to reward play. sell stops cleared out after CPI print then buy stops cleared out immediately after that. PA delivered to a fair value to set the stage for short term upward price movement. also gotta FVG that needs to be filled looking at HTF (weekly & daily) seems to confirm this also. fundamentally, because of all the mess going on in the world there could be a black swan event any day that traps market below 3590 lvl & falls straight to 3400. the powers that rule the world have balance & stability in their hands, will they handle it responsibly? my guess, is no. prepared for the worst, hoping for the best. whatcha think?? my legend: * Red dashed line- BSL * Solid red line- Hard resistance * Red box- Buy side FVG * Green dashed line- SSL * Solid green line- Hard support * Green box- Sell side FVG * Purple dashed line- IRL * Purple solid line- BMS/TP target * Orange dashed line- Liquidity range (ERL) * Purple box- Range FVG
TVC:SPXLong
by kacemoney
SPX Daily TA Neutral BullishSPXUSD daily guidance is neutral with a bullish bias. Recommended ratio: 52% BTC, 48% Cash. * SHORT SQUEEZE WATCH . US September CPI came in 0.4% higher than in August compared to a 0.1% increase from July to August , and CPI without Food + Energy came in 0.6% higher, signifying that the decrease in fuel prices wasn't enough to slow inflation. This leaves the Federal Reserve in a comfortable position to raise another 75bps or more on November 2nd. Markets initially dumped on this news but have since rallied with Equities, Equity Futures, Cryptos, Energy, Agriculture, US Treasuries, EURUSD, GBPUSD and CNYUSD all now up on the day; DXY, VIX, JPYUSD and Gold are down. Very 2022, and very "short squeeze" vibes. Key Upcoming Dates: September US Retails Sales at 830am EST 10/14; 18th GDPNow US Q3 GDP Estimate 10/14; UofM October Consumer Sentiment Index at 10am EST 10/15; US September Building Permits and Housing Starts at 830am EST 10/19.* Price is currently trending up at $3685 and is testing $3658 minor resistance after bouncing off of $3517 minor support. Volume remains Moderate (high) and is currently on track to end a 5 day streak of seller dominance if it can close today in the green. Parabolic SAR flips bullish at $3785, this margin is mildly bullish at the moment. RSI is currently trending up at 44 as it retests the uptrend line from January 2022 at ~42 after bouncing just above the uptrend line from August 2015 at 35. Stochastic crossed over bullish today and is currently trending up at 58 as it bounces off of 48 support. MACD reverted to a bullish crossover today and is currently trending up at -83 as it approaches a retest of the uptrend line from March 2020 at -76 minor resistance. ADX is currently trending up slightly at 31 as Price shot up today, because this is an extremely volatile surge this is neutral at the moment. If Price is able to reestablish support at $3658 minor resistance then it will likely retest the lower trendline of the descending channel from August 2021 at ~$3800 as resistance . However, if Price is rejected here, it will likely retest the weak descending trendline from July 2021 at ~$3600 as support . Mental Stop Loss: (one close below) $3600.
SP:SPX
by dailytaguy
Nifty Levels & Strategy for 14/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. NIFTY Today, Bank Nifty closed in red based on heavy selling by FIIs & Big Players. Tomorrow's Nifty's performance will be based on US CPR inflation data 8.2% (reduced YOY & increased MOM) & market performance. US FED has left out with no option & have to go ahead with aggressive rate hike (0.75%) in Nov-22. Right now, Dow Jones (+800 points) and Nasdaq (+240 points) are trading in green and recovered significantly from day's low. Tomorrow, we should expect a trending move however retail traders should work level by level and avoid getting carried away. Nifty is trading in bearish zone. Infosys positive results (beats the market expectation) may also lift Nifty as well as IT stocks. Shall we look for buy on dips near major support levels if you get good trading setup ????? Yes, I think so. What do you think????? NIFTY SCORECARD DATED 13/OCT/2022 NIFTY IS DOWN BY -109 POINTS Name Price Previous Day Change % Change Nifty 17014 17124 -109.25 -0.64% India VIX 20.29 20.18 0.12 0.57% OPTION STATISTICS BASED ON 20/OCT/2022 EXPIRY DATA Max OI (Calls) 17000 (Open Interest: 4034400, CE LTP: 203.4) Max OI (Puts) 17000 (Open Interest: 4464900, PE LTP: 179.65) PCR 0.82 (PCR is in bearish zone) Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup Nifty Puts: ATM: Long Buildup, OTM:Long Buildup, ITM:Long Buildup, FAR OTM:Long Buildup Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
NSE:NIFTYLong
by manishmgupta
2
Sell the early optimism in Twitter.Twitter - 30d expiry - We look to Sell at 51.88 (stop at 55.11) We are trading at overbought extremes. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. This is curremtly an actively traded stock. In our opinion this stock is overvalued. The previous swing high is located at 54.50. A higher correction is expected. Our profit targets will be 44.55 and 42.55 Resistance: 52.00 / 54.50 / 56.00 Support: 50.00 / 48.00 / 45.00 Daily chart Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:TWTRShort
by Saxo
NASDAQ: Core CPI Jumped to 6.3%, Bearish Outlook Ahead?Hello Fellow Investor/Trader, Here's a Technical outlook of NASDAQ! NASDAQ has broken out of Ascending Broadening Wedge and retested the previous support area. Furthermore, The Stochastic indicator also made a Death Cross, indicating potential bearish movement ahead. All other explanations are presented on the chart. The roadmap will be invalid after reaching the target/resistance area. "Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the NASDAQ"
UShort
by financialfreedomgoals101
3
SPX Daily TA Cautiously BearishSPXUSD Daily guidance is cautiously bearish. Recommended ratio: 30% SPX, 70% Cash. *Equities, Futures, Cryptos, Metals, Energy, GBPUSD, and EURUSD are all down while DXY, US Treasuries and VIX are up once again. Fears of nuclear war being exacerbated by resolute threats from Putin and desperate social media pleas by people like Elon Musk are pushing investors toward DXY and US Treasury notes and bonds and away from Risk-On assets. The US Department of Health and Human Services (HHS) ordered $300m worth of Nplate (a radiation sickness drug) as part of an ongoing long term defense plan against the threat of nuclear warfare . It's hard not to think that the timing of acquiring this medication vs chemical, biological or infectious disease medication isn't coincidental; but the HHS said it was just a routine purchase as part of a longer term plan. In the short to medium term it's reasonable to expect more supply chain disruptions as a result of Russia's war with Ukraine worsening rather than improving. OPEC+ cutting oil production heading into the European winter is another factor that contributes to the seemingly inevitable decline into a global recession. Key Upcoming Dates: FOMC Minutes at 2pm EST 10/12; September US CPI at 830am EST 10/13; September US Retails Sales at 830am EST 10/14; 18th GDPNow US Q3 GDP Estimate 10/14; UofM October Consumer Sentiment Index at 10am EST 10/15.* Price is currently trending down at ~$3615 and is still technically testing both $3658 minor support + the minor descending trendline from July 2021 at ~$3635 as support, if it breaks below then the next support (minor) is at $3617. Volume is currently Moderate (high) and on track to favor sellers for a third consecutive session if it can close today's session in the red. Parabolic SAR flips bullish at $3805, this margin is mildly bullish at the moment. RSI is currently trending down slightly at 36 and is still technically testing 38 support, if it loses this level then the next support is at the uptrend line from August 2015 at ~32. Stochastic is currently bearish for the second consecutive session and is trending down at 63 as it approaches 48 support. MACD remains bullish and is currently trending down at -85 after being rejected at the uptrend line from March 2020 as resistance at ~-83; if it breaks below -87 it would be a bearish crossover. ADX is currently trending up slightly at 28 as Price is falling, this is bearish at the moment. If Price is able to bounce here at the minor descending trendline from July 2021 (~$3635) then it will have to close above $3658 minor support if it's going to retest the lower trendline of the descending channel from August 2021 at ~$3800 as resistance . However, if Price continues to breakdown here, it will likely test $3517 minor support for the first time since November 2020. Mental Stop Loss: (two consecutive closes above) $3658.
SP:SPX
by dailytaguy
SPX Daily TA Neutral BearishSPXUSD daily guidance is neutral with a bearish bias. Recommended ratio: 40% SPX, 60% Cash. * BOUNCE WATCH . The Employment Situation was released this morning and 263k nonfarm workers were added to the economy in September while Unemployment edged back down to 3.5% from 3.7% in August. The 17th GDPNow US Q3 GDP estimate came in at 2.9% today compared to 2.7% on 10/05 . Cleveland Fed President Mester tried to warn us of rising Unemployment yesterday and it came down today instead, maybe the Federal Reserve is hiring thousands of nonfarm workers to get together and figure out how to bring down inflation. NY Fed President Williams said today that he envisions another aggressive rate hike in November (likely 75bps) and that he too sees a slowdown in job markets in 2023 accompanied by higher interest rates and lower inflation . In response to the oil production cut by OPEC+, The White House Admin tapped into the SPR yet again, bringing its total emergency oil reserves down to the lowest they've been in forty years . With midterm elections coming up in the USA, it's hard not to see this move by the White House as politically motivated. Key Upcoming Dates: FOMC Minutes at 2pm EST 10/12; September US CPI at 830am EST 10/13; September US Retails Sales at 830am EST 10/14; 18th GDPNow US Q3 GDP Estimate 10/14; UofM October Consumer Sentiment Index at 10am EST 10/15.* Price is currently testing $3658 minor support + the weak descending trendline from July 2021 at ~$3633 as support after being rejected by the lower trendline of the descending channel from August 2021 at ~$3800. Volume remains High (low) and has favored sellers in the past two sessions. Parabolic SAR flips bearish at $3605, this margin is bearish at the moment. RSI is currently testing 38 support after breaking below the uptrend line from January 2022 at ~41. Stochastic crossed over bearish today and is trending down at 78 as it approaches 76.29 support with no signs of trough formation. MACD is currently trending down at -81 after being rejected by -76.22 minor resistance and is on the verge of crossing over bearish if it gets below -86; it's still technically testing the uptrend line from March 2020 at ~-80 as support. ADX is currently completing a trough and beginning to trend up slightly at 28 as Price is rejected by the descending channel from August 2021 at ~$3800. If Price is able to bounce here at the weak descending trendline from July 2021 (~$3633) then it will have to close above $3658 minor support in order to be able to retest the lower trendline of the descending channel from August 2021 at ~$3800 as resistance . However, if Price continues to break down here, it will likely test $3517 minor support for the first time since November 2020. Mental Stop Loss: (two consecutive closes above) $3658.
SP:SPX
by dailytaguy
4
Buying AGS on dips.Ageas - 30d expiry - We look to Buy at 36.61 (stop at 35.38) Buying posted close to the previous low of 36.56. Levels below 37.00 continue to attract buyers. We look to buy dips. Dip buying offers good risk/reward. Short term momentum is bearish. We look for a temporary move lower. The primary trend remains bullish. Our profit targets will be 39.66 and 40.66 Resistance: 40.00 / 41.50 / 43.00 Support: 38.30 / 37.50 / 36.50 Daily chart Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EURONEXT:AGSLong
by Saxo
Bank Nifty Levels & Strategy for 07/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Bank Nifty continued with it's excellent performance but profit booking brought Bank Nifty back to gap-up opening level. Initially bulls got good chance to earn, later option writers took over and finally profit booking gave chance to bears as well. We need to trade cautiously at higher levels as US dollar index started heating up again. Traders are able to make money who really have good technical knowledge even after taking couple of stop losses. PLEASE REVIEW MY LAST ONE MONTHS CHARTS THEN YOU WILL REALISE THAT BANK NIFTY AS WELL AS NIFTY IS RESPECTING LEVELS REALLY WELL. LEARNING: WORK LEVEL BY LEVEL WITH STRICT SL (STOPLOSS) AND MAXIMISE PROFIT USING TRAILING SL. BANK NIFTY SCORECARD DATED 06/OCT/2022 BANK NIFTY IS UP BY 173 POINTS Name Price Previous Day Change % Change Bank Nifty 39283 39110 172.80 0.44% India VIX 19.32 19.57 -0.25 -1.30% OPTION STATISTICS BASED ON 13/OCT/2022 EXPIRY DATA Max OI (Calls) 40000 (Open Interest: 1448900, CE LTP: 207) Max OI (Puts) 38500 (Open Interest: 1195050, PE LTP: 180.45) PCR 0.87 (PCR is in bearish zone) Bank Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Short covering, FAR OTM:Short Buildup Bank Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup Shall we continue to look for buy on dips opportunity at support levels & sell on rise near resistance levels with strict SL????? Yes, I think so in case we get quality trading setup in either direction. What do you think? Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
NSE:BANKNIFTY
by manishmgupta
2
Selling FCEL 50% pullback.FuelCell Energy - Intraday - We look to Sell at 4.33 (stop at 4.61) Price action continued to range between key support & resistance (3.15 - 4.40) and we expect this to continue. Daily signals are bearish. Preferred trade is to sell into rallies. Levels close to the 50% pullback level of 4.34 found sellers. 4.39 has been pivotal. Our profit targets will be 3.61 and 3.21 Resistance: 3.80 / 4.00 / 4.40 Support: 3.25 / 3.15 / 3.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:FCELShort
by Saxo