The strong price movement in the Wednesday S&P 500 daily chart Indicates Risk On. This means that capitals flowing to the S&P 500 futures market as a result of fundamental support for that movement. The expectation for Thursday is follow-through to the upside but not the same size of movement seen on Wednesday.
Technical Analysis Overview: 1-Hour Chart: * Trend: GOOGL is recovering from a recent pullback, now testing resistance near $195.50. * Indicators: * MACD: Shows bullish momentum slowing as the histogram shrinks. * Stochastic RSI: Overbought at 96.69, suggesting a potential pullback or consolidation. 30-Minute Chart: * Price Action: * GOOGL has rebounded off $190 support and is approaching resistance at $197-$200. * Volume has picked up during the move, supporting bullish activity. Key Levels to Watch: Support Levels: * $190: Immediate support zone. * $187.50: Strong support aligned with the HVL and PUT support. * $182.50: Next support, close to the 2nd PUT Wall. Resistance Levels: * $195.50-$197: Key resistance, aligned with the 2nd CALL Wall. * $200-$202.50: Major resistance zone, coinciding with the 3rd CALL Wall. GEX Insights: https://www.tradingview.com/x/OjkiJlbX/ Key Gamma Levels: * Positive Gamma Walls (Resistance): * $197: 94.54% GEX (2nd CALL Wall). * $200: 69.41% GEX (3rd CALL Wall). * $205-$210: Higher resistance, marking extended upside targets. * Negative Gamma Levels (Support): * $187.50: Significant support (-2.03% GEX). * $182.50: 2nd PUT Wall (-0.94% GEX). Options Metrics: * IVR: 50.2, indicating moderate implied volatility. * IVx: 33.5, slightly below average. * Call/Put Bias: Calls dominate at 16.8%, reflecting a bullish tilt. Trade Scenarios: Bullish Scenario: * Entry: Above $197 with volume confirmation. * Target: $200-$202.50. * Stop-Loss: Below $190 to limit risk. Bearish Scenario: * Entry: Rejection at $197 or breakdown below $190. * Target: $187.50-$182.50. * Stop-Loss: Above $200 to minimize losses. Directional Bias: * GOOGL’s move toward $197 suggests bullish potential, but overbought conditions and resistance at $200 may slow further gains. A confirmed breakout above $197 could target $200-$202.50, while failure may lead to consolidation near $190. Conclusion: GOOGL is testing critical resistance near $197. A breakout could push the price toward $200-$202.50, while a rejection may pull it back to $190 or lower. Monitor volume and momentum closely for actionable trade setups. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your research and trade responsibly.
The last time I posted this was when USDT Dominance chart touched the green trendline on the chart and bounced off the red trendline on the RSI. Will this happen again causing another flash dump or will the bullish scenario I posted in last analysis (see below chart link) come to fruition? As you can see the blue trendline on chart at 91790usd is major support. The RSI pink trendline on left chart shows it is at resistance right now. What just happened was a failed attempt to close a possible head and shoulders pattern, trapping shorts under the support causing this short squeeze in play right now. The question is whether the pump will continue or will it go back down. The USDT.D chart will tell us. Hit the like idea rocket button if you like the idea and analysis.
? Entry: $13.91 (breakout level) Stop Loss (SL): $12.61 (marked in red) ? Target 1 (T1): $15.30 (marked in yellow) ? Target 2 (T2): $16.69 (marked in green) ✅ Reason: Ascending triangle breakout indicates bullish momentum. Strong breakout above $13.91 confirms further upside potential. #ALHC #LongTrade #StockMarket #TradingView #TechnicalAnalysis #DayTrading #SwingTrading #ChartPatterns #BreakoutTrade #BullishMomentum
Technical Analysis Overview: 1-Hour Chart: * Trend: TSLA has broken out of its consolidation zone, approaching the $425-$430 resistance area. * Indicators: * MACD: Bullish momentum, with the MACD line above the signal line and positive histogram growth. * Stochastic RSI: Overbought at 98.32, indicating potential for consolidation or pullback. 30-Minute Chart: * Price Action: * TSLA is approaching the $429 level, which aligns with a critical resistance zone. * Volume increased during the breakout, supporting bullish momentum. * A potential ascending triangle breakout hints at continued upward momentum if resistance is cleared. Key Levels to Watch: Support Levels: * $420: Immediate support level. * $405: Strong support zone and HVL (Highest Volume Level). * $397.5-$395: PUT Wall support, critical to maintaining bullish momentum. Resistance Levels: * $429: Immediate resistance and highest positive NETGEX level. * $440: Next resistance level, coinciding with the 2nd CALL Wall. * $450: Major resistance, aligning with the 3rd CALL Wall. GEX Insights: https://www.tradingview.com/x/57AWtYmE/ Key Gamma Levels: * Positive Gamma Walls (Resistance): * $429: Highest positive NETGEX and immediate resistance. * $440: 80.43% GEX (2nd CALL Wall). * $450: 68.32% GEX (3rd CALL Wall). * Negative Gamma Levels (Support): * $405: Significant support zone (42.46% GEX10). * $397.5-$395: Key PUT Wall (-3.18% GEX). Options Metrics: * IVR: 83.6, indicating high implied volatility. * IVx: 73.8, slightly above average. * Call/Put Bias: Calls dominate at 71.3%, reflecting strong bullish sentiment. Trade Scenarios: Bullish Scenario: * Entry: Above $429 with volume confirmation. * Target: $440-$450. * Stop-Loss: Below $420 to limit risk. Bearish Scenario: * Entry: Rejection at $429 or breakdown below $420. * Target: $405-$395. * Stop-Loss: Above $430 to minimize losses. Directional Bias: * TSLA’s breakout above $420 suggests bullish continuation, but the overbought Stochastic RSI warrants caution near $429. A confirmed breakout above $429 could target $440-$450, while rejection may lead to consolidation near $405-$420. Conclusion: TSLA is testing critical resistance at $429. A breakout could fuel further bullish momentum toward $440-$450, while a pullback may retest support zones. Watch for volume and momentum confirmation to execute trades effectively. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your research and trade responsibly.
I thought this one would have done a reverse split, whilst is risky, could've made it easier to trade. I still expect they can do this, so if achieved? Then by the World Demands for Energy, and especially a cleaner burning one, I see a huge upside here. As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions. Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away. A few of my prior Studies were ZIP, Vulcan, Appen and others. Regards Graham.
Based on the H4 chart, the price is approaching our sell entry level at 2,699.08, which is a pullback resistance. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 2,676.96, aligning with a significant support level, marking a logical target for the trade. The stop loss is set at 2,728.40, just above the 161.8% Fibonacci extension, providing ample room for price fluctuations while protecting against invalidation of the bearish setup. 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 (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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, previously FXCM EU Ltd (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 (www.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 www.fxcm.com/au Stratos Global LLC (www.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.
Technical Analysis Overview: 1-Hour Chart: * Trend: USO is in a strong uptrend, reaching $84.36 near the upper trendline. * Indicators: * MACD: Positive momentum, with the MACD line above the signal line. * Stochastic RSI: Overbought at 92.16, suggesting a potential pullback or consolidation. 30-Minute Chart: * Price Action: * USO is trading near resistance at $84.50, with support around $82.80. * Increasing volume supports the recent bullish move. Key Levels to Watch: Support Levels: * $82.80: Immediate support zone. * $78.89: Strong support level. * $77.05: Key support from prior consolidation. Resistance Levels: * $84.50: Immediate resistance at the upper trendline. * $86: Next resistance level if $84.50 is breached. Trade Scenarios: Bullish Scenario: * Entry: Break above $84.50 with volume confirmation. * Target: $86-$88. * Stop-Loss: Below $82.80 to limit risk. Bearish Scenario: * Entry: Rejection at $84.50 or breakdown below $82.80. * Target: $80-$78.89. * Stop-Loss: Above $84.50 to minimize losses. Directional Bias: * USO’s upward momentum suggests bullish strength, but the overbought Stochastic RSI warns of potential consolidation or a pullback near $84.50 resistance. Conclusion: USO is trading near critical resistance at $84.50. A breakout could propel prices toward $86, while failure to hold current levels may lead to a retest of support at $82.80 or lower. Monitor volume and momentum indicators for actionable setups. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your research and trade responsibly.
UnitedHealth ( NYSE:UNH ) reports tomorrow at 5:55 AM ET with Wall St. expecting EPS of $6.92 and revenue of $101.1B. The company has consistently beaten estimates over the past 2 years. From 2013-2023, EPS grew from $5.59 to $24.12. Key focus areas: medical cost trends, Medicare Advantage growth, and the impact of leadership changes following recent events. This quarter’s call will attract more than just investors.
Pair just landed on a more than two years old support trendline. Do you think is going to break it through? I don't think so. You can start opening a small position and add if the support is holding up. SL triggers if a big daily candles break it down the support but it has to close way under it. In that case, I would short it.