Get started

Trends

First Sell/Short Signals since January - TrendsLonger video but hopefully it clarifies my position in the market. I do NOT have a short position yet, but I am looking for one at this point. I might wait until either the close of the day depending on where we are OR take a short position if the overall day goes negative. Trends into today; Last Macro Trend Signal Spots (ES Contract) 30m - 5724 Uptrend (4/3/2024) Lower High 1Hr - 5277 Uptrend (4/3/2024) Lower High 2Hr - 5278 Uptrend (4/3/2024) Lower High 3Hr - 5291 Downtrend (4/1/2024) Higher Low* 4Hr - 5260 Downtrend (4/2/2024) Higher Low 6Hr - 5250 Downtrend (4/2/2024) Higher Low 12Hr - 5087 Uptrend (2/22/2024) Higher High Daily - 4378 Uptrend (11/3/2023) Higher High Weekly - 4769 Uptrend (12/11/2023) Higher High Monthly - 5304 Uptrend (03/31/2024) Higher High In order to try and keep on point I actually wrote some notes for this video (yes, in spite of the length, I felt I really tried to keep on point). What I will do instead of rewriting any of the video is just copy and paste my notes into here. NYFANG / MAG 7 still pulling market up (down day even though they had gone up .6%) Economic Calendar JOLTs was uneventful NonFarm Employment is up - Job Growth seems good ISM Non Manufacturing Prices lower - Includes pay being lower Powell Speaks - Nothing really new - Wants to cut rates (already priced in) - Data will drive decision (says that every time) Today - Jobless Claims (No expectation other than strong job market) Tomorrow - Unemployment (Not expecting anything new) - Even if it does, how do you price in this news? Is good bad, or bad good? Good is good? Trends; 30m, 1hr, 2hr all in lower highs 3hr had a higher low but if uptrend hits, will now be lower high So 30m to 3hr trends call for lower 4hr, 6hr, 12hr - call for rebound up Daily is still sitting massively overbought Weekly is normal bull market signal even if we go lower Monthly just hit uptrend, but Monthly has NEVER done anything but higher highs and higher lows back to the 80s (no data past that) For that to change we would have to go below 3846 - EVEN IF THAT HAPPENED, no historical data to explain what that could mean (Must like we saw with the lower low of a weekly trend) Sell Signals The shorter term trends are calling for lower movements Daily uptrend is well, well, well overcooked MACD Momentum (Daily) has crossed below zero line. Last time we had that was January when I traded shorts several times and made money. Has historically been MOSTLY accurate. MACD Momentum had a sell signal 3/26 but it was after down days so uneventful Weekly Overbought RSI/MFI Buy signals (or at least cautionary flat moving signals) Trends of 4hr and above call for MACD itself is not below the zero line (so not a prime bearish / shorting environment) Hope you found the information helpful. Safe trading, and remember your risk management plan.
CME_MINI:ES1!Short
by SemperTrader
Bitcoin Trends: Identifying Bullish and Bearish Signal.Hello Trading View Community, From soaring to record highs to suddenly dropping over 10%, Bitcoin (BTC) has been full of surprises. Today, let's dive into this rollercoaster ride, exploring the twists and turns of Bitcoin's recent price movements and what might lie ahead. Bear Divergence in RSI and Price Action 📉 Our journey starts with a notable bear divergence on BTC's daily chart. Here's the scene: Bitcoin prices reaching for the stars while the RSI, our trusty sidekick, decides it's not quite ready to leave the ground. This divergence signals a potential cooldown or reversal on the horizon, suggesting the latest rally might need to catch its breath. What Does the Trend Say? 🔄 Rewind to October, when our trend-finding indicator flashed a bright Long signal, setting the stage for the rally that led to January's highs. This beacon was a trader's dream, but like all dreams, a wakeup call—marked by today's shift, as spotted by our dot plotter—suggests a moment of pause or a plot twist in Bitcoin's saga. Plotting the Dots... 📍 Our dot plotter, straightforward yet insightful, has begun signaling a change in momentum, suggesting the party might be winding down. It's like the DJ switching from high-energy beats to a slow jam, hinting it's time to pay attention to the changing vibes. EMA's to the Rescue? 🛡️ Zooming into the EMAs, we see Bitcoin comfortably above our 21 EMA (the one in pink), keeping the bullish spirit alive. However, it's a delicate balance; staying above this line could mean this is just another one of Bitcoin's famed quick corrections. Wrapping It Up... 🎬 Considering the bear divergence in RSI and the signals from our custom indicators, a bit of caution could go a long way. The journey since October has been lucrative for those who followed the Long signals, but the road ahead seems uncertain. The convergence of our analysis suggests it might be time to brace for a potential short-term shift. For enthusiasts hoping to see Bitcoin's ascent resume, the key is to stay vigilant with the charts in the coming days, with a keen eye on the weekly close. This current dip may very well be one of Bitcoin's classic corrections that prelude a continued upward trajectory. Yet, caution remains the word of the day. As we navigate this uncertain terrain, the descent of Bitcoin will have us closely monitoring for a close below the 21 EMA, signaling a potential shift in strategy. A new Short signal could then emerge as our beacon, guiding our next moves in this ever-evolving saga of Bitcoin trading. Thank you for joining me on this analysis. If you've found it helpful or entertaining, a "Like" or "Follow" would be much appreciated. Trade wisely, and remember, these insights are here to aid your journey, not dictate it. These are just ideas, not trading advise...
COINBASE:BTCUSD
by jnpTrends
The Spectrum of Price Action: Extreme Trends to Extreme Trading Whenever anyone looks at a chart, she will see areas where the market is moving diagonally and other areas where the market is moving sideways and not covering many points. The market can exhibit a spectrum of price behavior from an extreme trend where almost every tick is higher or lower than the last to an extreme trading range where every one- or two-tick up move is followed by a one- or two-tick down move and vice versa. Only rarely will the market exist in either of these extreme states, and when it does, it does so only briefly, but the market often trends for a protracted time with only small pullbacks and it often moves up and down in a narrow range for hours. Trends create a sense of certainty and urgency, and trading ranges leave traders feeling confused about where the market will go next. All trends contain smaller trading ranges, and all trading ranges contain smaller trends. Also, most trends are just parts of trading ranges on higher time frame (HTF) charts, and most trading ranges are parts of trends on HTF charts. Even the stock market crashes of 1987 and 2009 were just pullbacks to the monthly bull trend line. The following chapters are largely arranged along the spectrum from the strongest trends to the tightest trading ranges, and then deal with pullbacks, which are transitions from trends to trading ranges, and breakouts, which are transitions from trading ranges to trends. An important point to remember is that the market constantly exhibits inertia and tends to continue to do what is has just been doing. If it is in a trend, most attempts to reverse it will fail. If it is in a trading range, most attempts to break out into a trend will fail.
FOREXCOM:XAUUSDEducation
by RezaBayat
BITCOIN KEY LEVELS!There is a very nice range shown on the BTC chart! I mapped out these levels to make it easier for you to see where the LONG opportunities and SHORT opportunities are. Let me know your thought sin the comments below Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
2
PCG caught my attention to continue bullishI want to Buy this Stock base on 2 main approach. 1.Technical Analysis: base on technical, using the ICT I trade with, The market sweeps liquidity and create a valid order blocks and expanded with Fair value gaps, target equal highs, this is good sing of strength to go bullish. 2. FOUNDAMENTAL REPORT: in this case, PCG stocks is own by 93% institutions , and the institutions has the highest number of transaction with 13%. on my on view, they accumulated BUYs to target the price of $18.50 or above
NYSE:PCGLong
by Traderkorao
AVTR, THE MOVIE WITH THE BLUE GUYS?I did not do any fundamentals, not sure what this is, have only looks at the chart. I labeled everything within the chart. There is potential for earnings to cause some steep movement, possibly and more likely down, but I'm not sure. There is support on this stock on the bottom side so there is potential to buy the dip, but again, I didn't do any fundamental research. Trends and price targets are labeled and trends are probably the most important part to watch.
NYSE:AVTR
by nicktussing77
NIO, TEST DUMMIES NEEDED, BUY THE DIP OR LET CRASH?I like the Chinese stocks Nio is one of them There is some downside showing still as far as I can tell It is leading to an old support trend, however, I don't know if that is relevant anymore. I like the potential of buy the dip under $5.4 Subject to change quickly. but right now, bullish on the next decent dip. Drawn in line is what I'm currently seeing as an ideal scenario, do not follow line, instead follow trends and price targets. Line is often inaccurate, but helps me reanalyze my indicators. The lowest number I could see was around 2.8 or 2.9. unlikely, but you never know, completely possible. After 14.9, it can go higher, but a new chart will be needed, and will likely be needed before that point arrives.
NYSE:NIOLong
by nicktussing77
MCD, WILL EARNINGS INCLUDE A HAPPY MEAL?On quick glance, maybe a little bit of a happy meal, but they definitely gonna forget the toy. Why does this chart look like a child drew it? Well, it was drawn on my one of the streams I did back in oct and since the lines are still holding and trends are still holding, I figured I'd share it again. my last post was deleted because I used a bad word. which is fair. Price is sitting right under major rejection, if it breaks over, the rocket can continue, but if it can't, lookout. I think it's getting close to the top and earnings takes it maybe up a little past 300, but more than likely, we start to see the downside take over for a bit. Again, fully depends on the trend and what happens with earnings because things can change fast with these numbers but as of now. I'd say bears get favoring.
NYSE:MCD
by nicktussing77
AMD EXTENED LINE'S EXTENDED LINE EDITION (CONTINUE OR FALL)If you've been following me with AMD, we're pretty much out at this point, as we've been targeting the trade since 93, and there isn't much point to miss a few extra percentage points on the topside at the risk of losing all or much of the profits. HOWEVER, there are still trades to the topside, as far as trades heading to the bottom side. Marked in thick green and thick red are the TWO STRONGEST support and rejection trends I could find. Do more exist? Maybe, but you'll need a better analyst that me to find those. Light red are steep support trends that have been building on top of each other (stacking) Think of this like a skyscraper being built. All indicators point that we are nearing a top. However, this means nothing as short term indicators can theoretically keep pumping the price over the long term targets, which would see numbers at 200+ Notice the time frame of the chart, 2h, meaning it won't last for more than a couple weeks and you'll likely have a whole new set of trends. A move like this into earnings is going to be the big question. 179 189 are two really strong rejection lines. May not be exact, but close. You really need to analyze in real time at this point because move will happen faster and faster. I would say, should the price not hold 171.00, I would wait to see what happens in the short term, and try and buy the dip if it occurs pre earnings, with a potential trade before, on or right after earnings. I would then be waiting on topside for a short entry rather than pushing my luck as a bull. If you follow me with trades, you'll know that we essentially speak in probability. Meaning, at or above 189, I'm more likely to screw up than make a good trade, and if I screw up, there is a lot of downside showing, which will do absolutely nothing to cover the mistake (loss). Having said that, if you're a short term trader and familiar with short term trading, yes there are absolutely still chances to trade above this level should it occur. We would also say, there is a better than average chance that should I wait for some of these topside targets to hit and enter short, I have a better than average chance to both profit, and make more overall money, than trying to time out more really short term trades. It's all about profitability, risk, percentages, and patience. Waiting for the RIGHT trade IS 1000% better than jumping into a trade you missed because you have FOMO. There will almost always be another buy, there will almost always be another stock moving up the percentage you missed. Idk, what it would be called in formal terms, but I call it the sniper strategy. Good luck!! I've attached all previous AMD charts to this chart.
NASDAQ:AMD
by nicktussing77
1
USACAD, 4x but not 4x more like four and for and x and exTrends marked Price Targets marked All of these trends are fairly strong on their own but it looks like this wants to head down before up maybe to 1.08? 1.22 in the near term sound reasonable? This chart was requested. I don't pay much attention to this chart so let me know if I'm missing something I'd normally pick up had I been monitoring this more frequently. But, I think I got all the important trends and longer term price targets. again, I was hesitant to draw a line, but I think it better shows the downside potential. I wouldn't follow it, I'd expect it to be incorrect, instead focus should be with the trends and price targets.
by nicktussing77
Are We Looking At A Bitcoin Bull Trap?In my last TA post, I talked about the possibility of Bitcoin heading back to the $35-36 range before the halving, and I still don't think I am wrong about that. Let's take a look at why... Bitcoin is really hitting some resistance at the current range. When I look at other cryptos like Ethereum, it's much of the same. This pattern looks to me like a bull trap. This is where we bounce out of a significant down trend and this price action tends to catch bulls by the short and curlies as they think the price is going to recover and continue to the moon, but it just doesn't work that way. These retracement pumps tend to get people caught in a FOMO mode and then turn on them and head back in the other direction. I believe this is one of those times. Very rarely does a market like Bitcoin just bounce straight up. It has it's big parabolic rises, yes, as we have seen recently, but this action cannot last forever. In the last cycle, we saw the pump from the 3K range up to nearly 15K and back to the 6.5K range before the halving, so my prediction of seeing a 35K-36K Bitcoin price before April is not out of the cards. My non-financial advice to traders is if you have been trading this reversal from the 38K range, then you might want to think about taking some profits off the table. Just saying, because that is exactly what I am doing. I am also still DCA accumulating BTC as we go along and will stop that action once we break all time highs again, then it will be off to the races and looking for good market cycle take profit signals. How are you playing this Bitcoin and crypto action?
COINBASE:BTCUSDShort
by thelogicaldude
QQQ TRENDS AND PRICE TARGETS, HOW MANY Q's SHOULD ONE HAVE?Technicals RSI is overextending, however, a little cool down would reset the indicators and trigger buy signals across the board. Bears should be looking for an entry, but not entering yet. Plan out a trade. Bulls should be locking in profits and looking to buy the dip. There are two super short term trends that are taking the price up. They are both rejection trends, which are trending in the bullish direction, in other words, price is going up following those trends. There is a huge rejection trend labeled. There is a mega support trend labeled. There is a strong support trend labeled, which should likely trigger a buy signal should it fall to that support or possibly dip under for a brief period of time. Above 480 starts to increase risk. it can go higher to 500, and then possibly even to 600. 500 is way more likely than 600 on this run. short term, again, could use a cool down to like 393. I would suggest to wait for this cool down to enter expecting bullish movement. With price falling to multiple strong support lines, it is a favorable trade. Price can keep going up. Don't expect it to go down. But understand, if it does, you'll be prepared for that movement, and have a trade with a high potential of profit. If you miss out on a run because you were caution, simply wait for a rejection point and jump in short. Ride the wave down, then enter your long position. In other words, don't chase the movement, let the movement come to you, let it move past you, then ride the movement in your desired direction. Linking my other QQQ posts and SPY posts I usually don't TA these because I tend to trade the 3x leveraged (FNGU FNGD is one of my favorites), and I tend to get predictions wrong on these two. Will link some old ones talking about spy to 480 in the election year. MY MISTAKE was I thought the election year was 2023, so it was way off.
NASDAQ:QQQ
by nicktussing77
PLATINUM, WHAT IS IT AND WHY THE HECK WOULD I WANT THIS METALWhat is Platinum? Platinum is a chemical element with the symbol Pt and atomic number 78. It belongs to the noble metals group, which also includes palladium, rhodium, iridium, osmium, and ruthenium. Platinum is characterized by its high density, malleability, ductility, and resistance to corrosion. These unique properties make it an invaluable material for various industrial applications. Where is Platinum Found? While platinum is relatively scarce, it is not as rare as some other precious metals. The majority of the world's platinum supply comes from two main sources: primary production and recycling. South Africa is the leading producer of platinum, contributing significantly to the global supply. Russia, Zimbabwe, and Canada also have substantial platinum deposits. Platinum is often found alongside other minerals, such as nickel and copper, in ore deposits known as platinum group elements (PGE). Extracting platinum from these ores involves complex processes that require advanced mining and refining technologies. Why Would You Want Platinum? Jewelry and Luxury Goods: Platinum's brilliant white sheen and resistance to tarnish make it a popular choice for crafting high-end jewelry. Platinum jewelry is not only exquisite but also durable, making it an ideal choice for engagement rings, wedding bands, and other fine accessories. Catalytic Converters: The automotive industry extensively uses platinum in catalytic converters, where it plays a crucial role in reducing harmful emissions from vehicles. Its catalytic properties make it an essential component in promoting cleaner air and environmental sustainability. Electronics and Industry: Platinum is a key player in various industrial applications, including electronics, due to its excellent conductivity and resistance to corrosion. It is used in the production of electrical contacts, laboratory equipment, and in the manufacturing of glass. Investment and Financial Markets: Platinum, like gold and silver, is considered a precious metal and is actively traded in financial markets. Some investors choose to include platinum in their portfolios as a hedge against inflation and economic uncertainties. Platinum mining is a challenging and complex process. Extracting platinum from the Earth involves several intricate steps, and the scarcity of platinum deposits adds to the difficulty of mining this precious metal. Here is an overview of the key challenges associated with platinum mining: Ore Extraction: Platinum is often found in combination with other metals, forming platinum group elements (PGE) deposits. Extracting platinum from these ores requires advanced mining techniques. The ores are typically low in concentration, making the extraction process more intricate than that of more abundant metals. Depth of Deposits: Many platinum deposits are located deep underground, which adds to the complexity and cost of mining. Deep-level mining requires specialized equipment and poses safety challenges for miners. In some cases, mines may extend kilometers below the Earth's surface. Energy Intensity: The extraction and refining of platinum involve energy-intensive processes. The high temperatures required for smelting and refining contribute to the overall energy consumption of platinum mining operations. Environmental Impact: Mining operations, especially in ecologically sensitive areas, can have significant environmental impacts. Platinum mining may result in habitat disruption, soil erosion, and water pollution. Sustainable mining practices and environmental regulations are essential to mitigate these effects. Labor Intensity: Mining platinum is a labor-intensive process that requires skilled workers. The complexity of the operations, coupled with safety considerations in deep-level mining, makes it essential to have trained personnel. Market Volatility: The platinum market is subject to price fluctuations, influenced by factors such as supply and demand dynamics, economic conditions, and geopolitical events. This volatility can impact the profitability of mining operations and investment decisions in the platinum industry. Technological Challenges: The extraction and processing of platinum ores require advanced technologies. Developing and implementing efficient and environmentally responsible mining technologies is an ongoing challenge for the industry. Despite these challenges, the demand for platinum in various industries, such as jewelry, automotive, and electronics, continues to drive the exploration and extraction of new platinum sources. Innovations in mining technologies and sustainable practices are being explored to address the difficulties associated with platinum mining and ensure its responsible and ethical extraction. THE TECHNICALS Sharp downtrend, weak, although down, it is a support trend. Two strong (one stronger than the other) support trends, IF UNDER, THEN BUY is probably the rule for those. It looks like there is some downside to come, which has been showing. The ideal price targets are thicker, and basically mean, under perfect conditions, I'd exit and enter at these levels, however, nothing is ever perfect. AS far as what the technicals say for price, I'd say there is a good chance it can maintain $800, however, there is a possible dip showing, which takes price down to $700. Again, these are both under or at major trends, and we can say that if price gets to these levels, I have a better than average chance at profit. AND if I'm wrong, I'm backed up by multiple support lines, which means less time in the red. Other scenario is where the bullish momentum keeps moving up at we head up to 1200 or so before hitting that huge dip. However, I tend to see this as the less likely option. RSI is showing the dip, along with various other indicators as coming in the short term and being backed up with support and buying in the longer term, this doesn't include a black swan event, which would theoretically take the price way down, and rocket to all time highs, as platinum will likely hold value. Good luck!! Personal opinion, I'm bullish long term from a fundamental side and technical side.
TVC:PLATINUMEducation
by nicktussing77
HHH, Trends and Targets, Late FEB alignment Another Late FEB alignment for a crash, based on trends, earnings and more. It seems this company might be one of them at the very center of it all. I mean, if you need more, look at the investor's names. All super coincidental, but great if you're trying to buy most of a company. I also like Canadian Rail due to STEEL price, and potential global shipment issues. Train is the cheapest option, barring the tracks, but I'm sure tunnels will help in the future. Probably also Fracking in Canada (shale?? I think is the rock name.. I could be wrong). Either way, there is a HUGE deposit near the Winnipeg area. Canadia Rail almost has to benefit from this, along with potential trade deals and border restriction reductions into and out of Canada. Emotional guideline: simple guideline or path that I'm currently seeing, I don't expect this to be accurate but it helps me go back and find errors or changes within the TA. Shortest term trend that I could find (data isn't super great for this stock) shows a climb to the topside before the drop, which is in alignment with a lot of the overall market. Obviously this means nothing, as price can always head right over those rejection points. However, a nice drop, followed by another decent move to the upside would setup this chart for a pretty nice long term trade. I would watch the 4 key trend lines marked. I think those are going to be key for this stock's chart TA, If price is over a rejection trend, start to realize profits based on your risk and strategy. If price is under a support trend, it should be taken a really nice potential to buy the dip, barring any black swan event. In both scenarios, the probability starts to favor your side of the trade, which is all we can really ask for when trading. Good luck!!
NYSE:HHH
by nicktussing77
EA, IS SOMEONE BUYING?Why video gaming companies? MICROTRANSACTIONS = BIG $$$$ Personally, if I was to guess, I'd say APPLE is a great fit. Either way, someone buying or not, doesn't matter. We follow the technicals and the trends. The cool part is when this thing starts to fall, it has potential to fall pretty hard. Obviously, with this being a weekly chart, that is a decent time away, but it should prep you for any potential "great" news that brings the stock price to all-time highs before potentially crashing and retracing a significant amount of gains.
NASDAQ:EA
by nicktussing77
PFE chart: TRENDS and Price TARGETSPFE chart - Mid term/Longer term Pretty bullish overall, but there is some downside showing (24, 18) These points make some excellent buy zones. Watch that first rejection trend Really strong rejection trend at the top (thick red) I'm liking 54 as an exit, but there is potential to fly past that. Idk, I think at some point we see the downside of 18-17, but I'm sure when. If it happens sooner rather than later, strong buy. Remember, you can wait for the price to go under your target and then buy when it starts going up to your target, or you can try and catch the falling knife. Good luck!
NYSE:PFELong
by nicktussing77