The rumors are sounding truer by the second. It's been a heck of a start to the week for Nintendo fans. A combination of the start of a new year and the Consumer Electronics Show (CES) has resulted in an absolute flood of Nintendo Switch 2 rumors, predictions, and seeming leaks. Most interesting of all of them is …
Check out this hands-on video showcasing the Genki Nintendo Switch 2 Joy-Con mockup.
Join producer Ryozo Tsujimoto for another look at Monster Hunter Wilds in this video for the upcoming action RPG. Tsujimoto provides information regarding the second Open Beta Test, featuring an additional monster: Gypceros. The Open Beta Test 2 for Monster Hunter Wilds will be available from February 6 to February 9, and February 13 to February 16. Monster Hunter Wilds will be available on PS5, Xbox Series X|S, and Steam on February 28, 2025.
Nifty Metal Index levels! Here's the latest information: Support: 8,200 Resistance: 8,700 - 8,800 It looks like the Nifty Metal Index is currently testing its support level. Are you planning to trade based on these levels, or just keeping an eye on the market?
This Weekly FORECAST Opportunity for GOLD. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR). Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
Key Observations: 1. Trendline Analysis: * PLTR is trading near a descending resistance trendline and approaching key support levels, indicating a potential continuation or reversal. * The price action shows a narrowing wedge pattern, signaling an impending breakout or breakdown. 2. Support & Resistance Levels: * Immediate support: $66.50 - $67.00 * Resistance levels: * $70.00 (psychological and near-term resistance) * $73.00 (next major hurdle) * Below $66.50, the next significant support is $65.00. 3. Volume and MACD Analysis: * Recent selling pressure is evident from increasing volume during downward movements. * MACD is in a bearish alignment, but signs of a potential crossover indicate slowing bearish momentum. 4. Gamma Exposure (GEX): https://www.tradingview.com/x/5x2VdC2x/ * Negative Gamma Levels dominate, with the highest negative NETGEX at $70.00, suggesting heavy put activity. * Support and Resistance Walls: * PUT Wall: $67.00 and $65.00 * CALL Wall: $70.00 and $73.00 * Options activity indicates bearish sentiment but with the potential for volatility spikes near key gamma levels. Scenarios and Trade Ideas: 1. Bullish Scenario: * A breakout above $70.00 could target $73.00 and potentially $75.00. * Entry: Above $70.00 with stop-loss at $68.00. * Take profit: $73.00 - $75.00. 2. Bearish Scenario: * A breakdown below $66.50 could accelerate towards $65.00 and even $62.00 in an extended sell-off. * Entry: Below $66.50 with stop-loss at $68.00. * Take profit: $65.00 - $62.00. 3. Neutral/Volatility Play: * Monitor price action within $66.50 - $70.00. Consolidation in this range might precede a strong directional move. Conclusion: PLTR's price action and GEX levels suggest heightened volatility near the current zone. A decisive breakout above $70.00 or a breakdown below $66.50 could offer trading opportunities. Stay cautious with position sizing and consider options strategies like straddles or vertical spreads to capture directional or volatility moves. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Conduct your own research and consult with a financial advisor before trading.
1. Technical Analysis Overview: * Trendlines: The ascending trendline reflects continued bullish momentum, with higher lows being respected. A breakout above $247.97 may trigger bullish sentiment. * Key Levels: * Support Levels: $243.66 (near-term), $237.13 (secondary). * Resistance Levels: $247.97 (short-term), $252.50 (major resistance). * Indicators: * MACD: Momentum is mildly bullish, with the MACD line above the signal line. * Volume: Volume remains steady, supporting a gradual uptrend. 2. GEX Analysis (Gamma Exposure): https://www.tradingview.com/x/3FhMGXyW/ * Gamma Resistance: * $247.50 to $252.50 range indicates a high concentration of call options (bullish sentiment). * $245.69 as the highest positive NET GEX, acting as a key pivot. * Gamma Support: * $237.50 is the significant put support. * Additional support seen near $231.59. 3. Scenarios: * Bullish Scenario: * If JPM breaks above $247.97 with volume, it can test $252.50 in the coming sessions. * Entry at $247.50, Target $252.50, Stop-loss at $245.00. * Bearish Scenario: * A failure to sustain above $243.66 might push prices toward $237.50. * Entry below $243.50, Target $237.50, Stop-loss at $245.00. 4. Sentiment and Outlook: * Bullish sentiment persists, with GEX indicating stronger resistance above $247. Call dominance hints at potential upward momentum. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Conduct thorough research and consult with your advisor before trading.
Please be patient. Tomorrow, we will witness potential heavy bullish action, leaving a trail with clear targets. Tomorrow, I will be shorting after the 8:30 AM news if I see price action leaving footprints.
Navigating around white lines: bad idea to think about bearish market Slowing pace of weekly gains: good idea to support bullish outlook Approaching bullish market: expected before Q4 Strengthening alpha coefficient: 15.000 in ramge