US DOLLAR INDEX (DXY) Expecting a BULLISH Move This WeekLooking for an Internal to External move this week.
Price is currently in a a +FVG, showing respect, and Friday's candle shows momentum towards the high of the previous week, which is the draw on liquidity.
Watch for the short term down move before the move up. Wed's opposing candle should act as support, and send price the other way.
LIKE, COMMENT or SUBSCRIBE if you like and want to see more analysis.
Thank you for viewing!
Weeklyforecast
S&P500 (ES1!, SPX500, SP500) From Bullish to BEARISH1.
Price swept a lot of low resistance
lows with this bearish impulse, and
created a new Swing Low. This is the
External move.
2.
Price retraced to the -FVG, a
premium PD Array. This is an
Internal Range Liquidity move.
Expecting price to wick up past
the PDH, but close inside the
-FVG, and potentially end the
retracement. Bearish PA should
follow.
Price is in premium prices now, as it
crossed the Equilibrium of the trading
range. Buys are not recommended
until the price action shows a significant
+BOS with a strong bullish close.
LIKE, COMMENT or SUBSCRIBE if you like and want to see more analysis.
Thank you for viewing!
USD INDEX (DXY) ... BULLISH OUTLOOKBias is Bullish.
Price has rebalanced the +FVG,
and now looks ready to target
the buyside LQ, providing the
FVG holds firm.
Expecting an Internal->External
move.
We are just shy of the 2nd
standard deviation.
I enjoy any feedback or questions in the comment section.
All opinions are welcome!
LIKE or BOOST this post, if you would. I would be appreciate it.
SUBSCRIBE if you want to catch all of my future postings!
ES (S&P500)... Expecting a short term BULLISH Move!Bearish, but expecting
a short term bullish move.
Price has reached the
4th standard deviation,
swept the LRLR, then
mitigated the +OB. The
expectation now is an
External -> Internal LQ
move.
Wait/watch for signs of
reversal from the current
poi.
I enjoy any feedback or questions in the comment section.
All opinions are welcome!
LIKE or BOOST this post, if you would. I would be appreciate it.
SUBSCRIBE if you want to catch all of my future postings!
GBP (6B1!, GBPUSD) ... BEARISH!Bearish.
Price has raided an old swing
low, and then mitigated a +OB.
Expecting a bullish reaction in
the near term, up to the local
lows. The market will resume
the bearish trend afterwards.
I enjoy any feedback or questions in the comment section.
All opinions are welcome!
LIKE or BOOST this post, if you would. I would be appreciate it.
SUBSCRIBE if you want to catch all of my future postings!
CL1! (CRUDE OIL) ... BULLISHBullish.
After forming a new peak high,
price retraced to the +FVG.
Friday's "news wick" tapped the
-FVG above and quick returned
the +FVG. Should the +FVG hold,
expecting price to move toward
the highs, as price moves from
Internal -> External liquidity.
The LRLR to the lower left is a
draw on LQ that bears watching.
I enjoy any feedback or questions in the comment section.
All opinions are welcome!
LIKE or BOOST this post, if you would. I would be appreciate it.
SUBSCRIBE if you want to catch all of my future postings!
GC1! (GOLD)... Tentatively BULLISH!Bias is tentatively Bullish.
Continues to make HLs, but
no HHs, in a tight range. Price
is close to filling in the big
wick the prev. week.
Looking to see if the PWH
is raided early in the week.
If so, I expect price to go
from External ->Internal, down
the the W FVG/+OB area from
there.
But price may need to rebalance
the +FVG before moving higher.
Waiting and watching for
definitive price action.
I enjoy any feedback or questions in the comment section.
All opinions are welcome!
LIKE or BOOST this post, if you would. I would be appreciate it.
SUBSCRIBE if you want to catch all of my future postings!
EURO (6E1!, EURUSD) ... BEARISH!Bearish.
Price has moved up into
the -FVG after a BOS.
Expecting a move down
from here, as Internal
moves to External LQ.
SSL is the target, at the
lows to the left.
I enjoy any feedback or questions in the comment section.
All opinions are welcome!
LIKE or BOOST this post, if you would. I would be appreciate it.
SUBSCRIBE if you want to catch all of my future postings!
🌟📈 Weekly Chart Technical Analysis for IWM! 📊💼Let's delve into the fascinating world of IWM and explore its weekly chart. Get ready for valuable insights and potential trading opportunities. 🚀📈
🔄 Cycle Analysis:
By analyzing the cycles, we've identified a cycle period of 48 weeks for IWM. Interestingly, we've divided each 48-week cycle into three distinct parts, allowing us to pinpoint key moments within the market's trajectory. Let's dive into the current cycle! 🔄📆
📈 Uptrend at 1/3 of the Cycle:
In this new cycle, IWM finds itself right at the 1/3 mark. It successfully broke out of the key resistance level at 190.8 back in December 2023, and this level has been retested, confirming its significance. As a result, we believe IWM is currently experiencing an uptrend. 💪📈
📉✅ Key Levels and Price Range:
Based on our analysis, we anticipate that over the next 32 weeks, IWM will remain within a price range of 203.54 to 228.70. Notably, the upper end of this range, 228.70, is closely aligned with the high reached in November 2021. Additionally, there is a Supply Zone located at 235.50, making this area a crucial zone to monitor. 📉🎯🔍
🔄🔎 Retracement Entry Opportunities:
For traders seeking a long entry, we recommend focusing on retracements within smaller timeframes, such as the H4 or daily chart. These retracements can provide favorable entry points with a potential profit of 12% and a risk-reward ratio of more than 2 to 1. This presents an enticing opportunity for mid-term investments. 🔄💼💰
📚🔍 Conduct Your Own Study:
As always, it's crucial to emphasize the importance of conducting your own research and analysis before making any investment decisions. Stay informed, stay vigilant, and make well-informed choices based on a comprehensive understanding of the market. Knowledge is power! 📚💡💼
Embrace the insights, seize the potential within IWM's weekly chart, and consider the captivating opportunities it presents. Remember, trading carries risks, so always exercise caution and diligence. Let's make the most of these chances and aim for profitable investments! 💪💼💹
#IWM #WeeklyChartAnalysis #UptrendForecast #RetracementEntryOpportunity #MidTermInvestment 📈🔍💱
XLMUSDT Weekly LONG This is a weekly technical analysis for educational purposes on XLMUSDT. I believe that Stellar will find new higher high levels in the middle of the 2025 Bull Season.
As I mentioned before on my ALGOUSDT Weekly Analysis ;
"Considering the global economic crisis, the technical recession in the United States, the suppression of gold and other commodities, the real estate and unemployment crisis in China, and the European Union countries' struggle with inflation, I believe that market makers (the bulls) may create a false FOMO (Fear of Missing Out) during the 2024 BTC halving period, potentially driving BTC to levels of perhaps 50K+ before ending the year 2024 around the 20-25K range. When we consider the global effects, the real bull season is likely to occur between 2025 and 2026.
Reaching 100K in Bitcoin by 2024 wouldn't make much sense if most people don't have the financial means. It's important to remember that patient wealthy individuals often capitalize on the impatience of those with fewer resources. (let's say poors with high dreams) Those with limited means may not have the capital to participate in the market for couple of years.
This is not "clever riches profit from the idiot riches game". Never was. I believe.
I may be wrong, :)
Regards,
👀WEEKLY OUTLOOK Jan, 29 - Feb, 2👀Let's see how the price developed during previous week, compare with previous outlook and think what's possible during next week
☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment.
USD Index ( DXY, DX1! Fututres )... Wait & See!USD Index is in an interesting position, and could go either way. Let the market tip it's hand on Monday, and then trade USD pairs!
Check out my analysis and leave me a comment and/or feedback. I appreciate hearing from my viewers.
May profits be upon you.
AUDUSD ( M6A1! Futures ) Weekly Outlook..... BEARISHI was surprised by the strength of the USD last week, and it lead to a flawed view of the AUD market. The market was weaker than expected, and has potentially turned bearish.
Let the market unfold on Monday, and wait for clarity.
Leave a comment and I will reply directly and promptly! Thank you.
May profits be upon you.
GOLD (XAUUSD, GC1! ).... Wait and See!Gold is in the middle of a range. Not a good place to enter a trade!
Let the market unfold on Monday. Let it tip its hand, then make your move.
Look for FVGs to form as price breaks the range. This is the signal to prepare to enter this market.
Please leave a like and a comment. I respond to all of my viewers feedback.
Thank you.
May profits be upon you.
DXY ( USD Index ) Weekly Outlook.... BEARISHMay profits be upon you.
DXY is now consolidating in between a bullish FVG and an bearish FVG.
But it has been bearish, with downward momentum.
I suspect it will continue this way, as price has found INTERNAL LQ in the bearish FVG, and is now seeking the EXTERNAL LQ at the lows.
I believe the low at 100.320 is the DOL (Draw On Liquidity).
Leave a comment, as I like to receive feedback from viewers!
Thank you.
May profits be upon you.
EURO Futures (EURUSD) Weekly Outlook... BULLISH1. Daily Swing structure is bearish, after this clear break of market structure.
2. The internal structure is bullish, as price pulls back into premium.
The reaction to supply is significant. It potentially indicates the end of the retracement, and
price now seeking external LQ at the swing low.
3. I am monitoring the FVG above closely. Should price trade through it, it would indicate price
has bearish momentum, and strengthening the idea that the pullback is over.
Should this bullish PD Array hold, price could potentially make a HH, and head to the
premium old high.
Light Crude Oil... BULLISHThis is a longer term view. It may take a couple of weeks to play out.
The Breaker Block + FVG pose a strong bullish indication that price
may head higher.
The BB represents the turning point in the trend, from a bearish to potentially
bullish market. Not to mention price is going from an ERL to an IRL, potentially.
NQ (NASDAQ) Weekly Outlook... Near Term BULLISHBullish next week.... then turning BEARISH.
Price turned bullish after the bullish BOS. However, the bias turned bearish after the ERL, and the IRL is now sought.
There was also the formation of a -BB and a -FVG. Should price
return to it, the expectation is it will be respected, and price will head down from premium to
discount prices.