LULU bounced a bit into a tight confluence of Golden's. Golden Genesis at $267.70 and Golden Covid at $268.74. These mark a major landmark in the lifetime of any asset. Rejection here would point to lower lows. Break and Retest would be long entry signal. Likely is an "orbit" of these before any move. =================================================== .
Weekly: https://www.tradingview.com/x/d2yFLNZS/ -Expecting a weekly continuation. -Equal highs acting as magnet for price. Daily: https://www.tradingview.com/x/tdYAgMJp/ -Bullish M pattern. -Previous day low taken. 4H: https://www.tradingview.com/x/5HUm8tsK/ -Bullish M pattern.
So, i have 2 more levels to DCA when SPX index comes tumbling down............. Please DYODD
This week brings new trading opportunities, as well as new market opportunities. Nowadays, the market fluctuates greatly every day. Being a short-term trade means high frequency, fast in and fast out. As long as you do these well, you can make money in short-term trading. Don't be greedy for more. The most important thing in trading is stability. Going fast is not as good as going steadily. Do a good job in daily trading. If you can get two or three waves of profits, it will be enough for you. If you do not have the ability to flexibly respond to the market during trading, and are not good at adjusting your trading thinking and rhythm to the market rhythm in a timely manner, you can contact me and let us pursue more profits flexibly and stably in the volatile market! The K-line of the Golden Week closed at a medium-sized Yin high with a long upper shadow. forming a top heavy-volume adjustment in the short term. The daily negative adjustment engulfed the previous rising space. In terms of form, there is still room for adjustment this week, which can be continued to 2972 and 2956, while the top touches 3168 to explore the high and fall back pattern. , there is a high probability of forming a short-term high, but whether the trend will change needs to be further observed. Beware of weekly negative singles without consecutive negatives. The short-term pressure remains at 3058 and 3076. It will bottom out at the opening and rebound. First look at the strength of the rebound. At the top, focus on the pressure of 3055 first, and then look at 3076 if it breaks. Do not blindly chase shorts. Don't blindly chase the short position. Operation suggestion: Gold is short near 3070-75, stop loss at 3080, and look at 3055 and 3020; if it is weak, pay attention to the 3055 pressure to short!
Bias: Bullish USD News(Red Folder): -None Analysis: -Super volatile market -Looking for continuation of bullish momentum -Potential BUY if there's confirmation on lower timeframe -Pivot point: 2960 Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
?????FILL THE GAP! FILL THE GAP! FILL THE GAP! Hopefully, institutions want to reach 7,000 from here, as the majority of them wrote in public New Year resolutions. A great example of learned behavior. Let’s watch. FILL THE GAP! FILL THE GAP! FILL THE GAP!?????
Yes, it is one thing to say be greedy when others are fearful. So, I have just nibbled the tracker fund 2800 ETF as it touches 21 price level. Using the HSI as a base chart, there lies a possibility of the price to revisit the support line at 19,961. Too many retail investors/traders want to TIME the market , buying exactly at the support level or sell at the resistance level. Price action does not move in a linear fashion , thus making prediction a rare skills reserved for the far few (just dun ask me who). It is better to buy in tranches , like 10% when market drops 10% or more, another 10% if it drops 15-20% , etc. That makes my life easier and more relaxed than to check on the chart often unless chart staring is your cup of tea, haha. Again, this is not financial advice as many still view China/HK as uninvestable. So, do your own due diligence.
Tesla's ongoing turbulence is getting harder and harder to ignore even amongst some of the permabulls. Notably, Wedbush Securities' Dan Ives, a long-time Tesla bull, recently slashed his 12-month price target by a whopping 43% reduction noting concerns over CEO Elon Musk's political entanglements and the impact of new tariffs under President Trump's administration. If you think TESLA is likely to keep going down, you might want to consider NASDAQ:TSLQ a leveraged short position. TSLQ aims to deliver twice the inverse (-200%) of Tesla's daily performance. Its important though to understand that these types of leveraged trades are really only meant to be shorter term and if the stock starts to go up, then you will be losing at 2x the rate as well. Overtime, any wiggle up and down tends to work against you - even if the stock continues to go down. Definitely not trading advice, but something I was asked about today, and the current climate doesn't look overly positive for Tesla or Elon. TSLA article: https://finance.yahoo.com/news/tesla-bull-slashes-stock-price-184418063.html TSLQ info: https://www.tradretfs.com/tslq-2x-short-tsla-daily-etf
Based on the H4 chart, the price is rising toward our sell entry level at 148.24, a pullback resistance that aligns with the 61.8% Fibo retracement. Our take profit is set at 145.40, a support level. The stop loss is set at 150.18, an overlap resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 3049.32, a pullback resistance. Our take profit will be at 2956.84, a pullback support that aligns close to the 61.8% Fibonacci retracement. The stop loss will be placed at 3114.63, an overlap support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.