The SSE Composite Index, the primary index of the Shanghai Stock Exchange, reflects the performance of diverse companies across various industries and serves as a gauge of China’s economy. It is calculated based on the market value and stock prices of these companies. According to daily Cash Data (1D), the SSE Index, after a 36% rise from September 18 to 30, 2024, entered a corrective phase that has lasted about 4 months. Based on the time and price similarity of the waves, it appears the correction is forming a diametric pattern. Wave (e) is likely complete, and wave (f) has begun. Wave (g) may end at 3,138 or 2,945, though the completion of wave (f) will allow a more precise prediction of wave (g) endpoint. This diametric pattern will likely take another 2 to 3 months to complete..
Crude oil had initiated a classical short coverage rally: despite a big bullish day, around 2% (42699 contracts on Nymex) of total open interest for Crude oil futures was liquidated, which means that a massive pullback was not associated with the new business coming in, but rather an old business getting out. Despite the local optimism, market fear still dominates with VIX getting back to 46: a quite notable level. With that we can expect USOIL to continue sliding down in the near future and reaching the area below $57, at least temporarily. The fair price according to expected supply and demand had shifted to $60 (previously $75), as published in the short-term energy outlook from eia.gov Don't forget - this is just the idea, always do your own research and never forget to manage your risk!
Euro has gained a remarkable strength against the British pound during the latest round of tariff announcement from the US administration. However, from the historical studies we know that EURGBP rarely makes substantial trends, and more often it turns black having reached 2 standard deviations from the 20-day moving average (the upper band of the Bollinger Bands indicator). It is exactly where we observe the price now. So, it is possible to observe the bearish turn for this currency pair, which may be associated with a bullish reversal for GBPUSD or stabilizing EURUSD or both. Don't forget - that's just an idea, always do your own research and never forget to manage your risk!
Here’s an English breakdown and analysis of the chart you provided, designed to be engaging and easy to follow for traders at all levels: --- ## ? **SPY / ES Levels & Scenario Analysis – April 11, 2025** This chart outlines **key gamma levels** and potential movement zones using SpotGamma data, suggesting **high-probability trading scenarios** for SPY / ES. ### ? **Current Price Context** - **SPY**: 526.65 - **ES (Futures)**: 5314.75 - Holding above key support and showing bullish structure with potential breakout setups. --- ## ? **Bullish Scenarios (Long Bias)** | ? Target | Zone | Description | |----------|------|-------------| | ? Target 1 | **530 SPY / 5350 ES** | First upside target – aligned with **Call Wall and minor resistance**. Expect some hesitation. | | ? Target 2 | **535.51 SPY / 5380 ES** | Based on **RB Head** and prior highs – a strong resistance zone. | | ? Target 3 | **540 SPY / 5460 ES** | Major gamma resistance. Strong **Call Wall** indicates potential reversal or profit-taking area. | > ? *If price breaks above 530 and holds, bulls may aim for 535 and 540 in extension.* --- ## ? **Bearish Scenarios (Short Bias)** | ? Target | Zone | Description | |----------|------|-------------| | ? Target 1 | **520 SPY / 5250 ES** | First short-term support – bounce likely. Watch for reaction. | | ? Target 2 | **515 SPY / 5200 ES** | Next major support and Put Wall. Strong area for reversal or breakdown. | | ? Final Target | **510 SPY / 5150 ES** | Extreme downside. Near **Zero Gamma** zone – if reached, expect high volatility. | > ? *Below 525, sellers could gain momentum, especially if volume confirms. Watch 515 closely for a bounce.* --- ## ? **Neutral Zone – Chop & Decision Area** - **Between 525 and 530 SPY** - This is the **“No Trade” or scalping zone** unless you have strong confirmation. - Marked as **“Possible Buy/Sell Zone”**, ideal for reloading positions. --- ## ? **Gamma Walls to Watch** | Type | Level | Role | |------|-------|------| | ? Call Wall | 540 | Major resistance | | ? Put Wall | 510, 515, 520 | Major support & downside defense | | ? Vol Trigger | 527.1 | Gamma flip area – above is bullish, below is bearish |
Hello, I am Trader Andrea Russo and today I want to share with you an interesting LONG investment opportunity on USD/HUF. We are on a 4-hour chart (4H), and several technical indicators are highlighting an increase in bullish pressure. Oversold signals and the recovery of momentum suggest a potential reversal to the upside, making this configuration particularly promising. Investment Setup: Entry Price: 359.7 Signal: BUY with Target Price set at 365.170 (TP: 1.52%). Stop Loss: set at 358 (SL: 0.47%). Thanks to our SwipeUP INVERSION Radar with Alerts indicator, we were able to identify: The oversold zone, which suggested the opportunity for a rebound. The Break Point, which confirmed the start of a potential reversal to the upside. The entry point, to maximize the risk/reward ratio. As a Target point, we have chosen the area highlighted in the photo, which is the first important resistance that in our opinion represents a key level where the price could slow down. ? This setup takes advantage of the current bullish pressure and offers a favorable risk/reward ratio. I encourage you to monitor this setup and implement solid risk management in your trading plan. Happy trading everyone! ?
At present, the highest price of gold has reached around 3244, but it soon fell back to below 3240; and the PPI data is obviously bullish for gold, but gold has not shown a significant upward fluctuation, indicating that as gold rises sharply, market sentiment tends to be more cautious, so that liquidity is insufficient. So from this point of view, gold still has a need for a correction! In the past three trading days, the increase in gold has reached $270. So even if gold remains strong at present, we should not blindly chase more gold. On the contrary, we can still gradually establish short positions in batches. As long as we strictly control the number of transactions in the transaction, we don’t have to worry too much about the transaction risk! Let us wait patiently for the market to gradually accumulate risk sentiment. Once it accumulates to the critical point, it only takes one opportunity for gold to collapse soon.
Go through the analysis carefully and do trade accordingly. Anup 'BIAS for the day (11-04-2025) Current price- 3232 "if Price stays below 3250, then next target is 3222, 3200, 3170 and 3130 and above that 3270 ". -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk more than 1% of principal to follow any position. Support us by liking and sharing the post.
Dollar weakening against the Euro as investors move on from the US
Hi folks today I'm prepared for you Euro analytics. After breaking out from a long consolidation phase, the Euro entered a strong upward trend supported by a clearly defined trend line. This breakout was backed by strong momentum, allowing the price to push above Support 1 and climb rapidly. However, after reaching the 1.1450 area, bullish strength started fading. The market printed a sharp rejection from the highs, and soon after, the price broke back below the trend line. This breakdown signals a shift in sentiment. The price is now approaching the previous support zone between 1.1160 and 1.1120 points, which acted as a key accumulation area during the bullish move. The reaction from this zone will be crucial, but considering the breakdown from the trend line and the aggressive rejection from the top, sellers now appear to be in control. Currently, EUR is trading below the broken trend line, and bearish pressure continues to build. Given the rejection from higher levels, structure break, and weak recovery attempts, I expect EURUSD to decline toward my current goal at 1.1160 points. If you like my analytics you may support me with your like/comment ❤️
Closing just below Weekly Resistance. If 36.90 is Broken, we may witness further Selling pressure. Sustaining 36 - 37 would again take the price towards 49 - 52. However, Weekly Resistances are there like 43 - 44 & then 48 - 49.