Looking at going long from the marked zones. Let's see how it plays out.
SP:SPX Trading Range for April 8 2025 So the arrows are pointing right to the spread I am taking today!! Credit spreads are wide here, y'all!!
Chainlink caught our attentions with a good possibility of upward movement here once we see a proper breakout from middle line of Bollinger Bandsa good R:R position can be take More in-depth info is in the video—enjoy! Swallow Academy
We're all waiting for a bullish trend. But what if it's only the start of a bearish one? Look at Elliot's waves on a monthly timeframe. We got a 5-wave movement up, and we have to wait for A-B-C downtrend. I can't say precisely where the next market bottom will be, but it may be located between 67k and 50k. What do you think about this?
https://www.tradingview.com/x/y68pr8aZ/ My dear friends, Please, find my technical outlook for GOLD below: The instrument tests an important psychological level 3007.7 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2993.1 Recommended Stop Loss - 3015.5 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
AMEX:SPY Trading Range for April 8 2025 35EMA is in focus - can we hold it. We opened at the top of the implied move I'm selling bear call spreads at these levels - but in SPX today.
? Gold Price Crash Incoming? From $3187–3190 to $2100 in 2–3 Years! ? Gold has hit a historical resistance zone at $3187–3190, possibly marking the top of a long-term cycle. A major correction could be underway. Why a Drop to $2100 Is Possible: ? Fed Shift Ahead – Lower inflation and steady growth may lead to rate cuts, pushing bond yields up and gold down. ? Geopolitical Calm – Less fear, more risk appetite. Investors may rotate funds back into stocks and crypto. ? Technical Breakdown – A distribution top is forming. A break below $2850 opens the path to $2100–2200, a key Fibonacci level. ? Overvalued Gold – Price surge driven by speculation, not physical demand. Once ETFs start selling, momentum could flip fast. ⏳ Long-Term Target: $2100–$2200 ? Timeline: 24–36 months ⚠️ Action: Hedge or prepare for a rare buying opportunity if gold crashes.
GBP/USD – 30M Reversal Entry Model During the London session, price swept the Asian highs, triggering buy-side liquidity. A clear change of character to the downside followed, signaling a potential reversal. Now I'm in a sell position after price tapped into my Supply Zone and showed a clean rejection. I’m expecting price to continue lower and sweep the sell side liquidity resting below!
The read I like most now, is we had a Failed 5th on my Elliott Count, and we have now started a new Impulse. Currently we are finishing the 1st wave, so I will wait for price to come back into that green box, and then I will look for buys.
** The weeks ahead ** Following the vitriol received by the public on the short idea (below) it is time once more to extend that audacity with a long idea. Apologies to the 90%, I know how upsetting this must be for you. On the above 3 day chart price action has corrected (as forecast) 70% from the short publication (red circle). Now is an excellent moment to consider a long position. But why? 1. 90% of the people reading this are selling, fear is not your friend right now. When there's blood on the streets, start a Black Pudding business. 2. Price action and RSI resistance breakouts. 3. Support on past resistance (red arrows). 4. Regular bullish divergence, just as before. Look left. Is it possible price action continues to correct as a number of tradingview ideas are now calling for? Sure. Is it probable? No. Ww 50% short idea https://www.tradingview.com/chart/DOGEUSDT/X60JUeVZ-Incoming-50-for-Dogecoin/