SPY/QQQ Plan Your Trade For 12-04: Top PatternToday's Top pattern suggests the SPY/QQQ will run into resistance in early trading and roll downward at some point after reaching resistance.
I see the markets opening much higher this morning as the SPY/QQQ are both broadly rallying overnight.
This type of GAP UP opening often leads to the identification of price resistance and a rollover topping formation where price attempts to trail downward to fill the GAP.
The concept that my SPY Cycle Patterns new this was likely many months before today's price action happens is rather unique. And this is why I love my SPY Cycle Patterns.
The is no other place where you can attempt to clearly see into the future like using my SPY Cycle Patterns.
Gold and Silver are still struggling today - but should attempt to make a rally move higher over the next 5+ trading days. Until we break above the Flag High level, Gold and Silver are trapped in a sideways price range.
Bitcoin is also trapped in a sideways price range after reaching recent highs.
As I warn in this video - be prepared for very unusual price action and events over the next 30+ days. I believe we are about to see some very unusual political and economic events play out.
Keep a healthy CASH reserve and trade small quantities right now. Better to protect cash than to risk it on unknowns right now.
Get some.
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EURNZD I Impulse correction intraday short opportunitytradingtraWelcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
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Nasdaq Futures hit ATH 📈 Nasdaq Futures hit all-time highs! 🚀
After tapping key liquidity zones on the 15-minute chart, the market continues its bullish rally fueled by post-election optimism following Trump’s victory and anticipation of his upcoming inauguration.
Watch the full video for an in-depth breakdown of this exciting market movement!
Apple Poised to Reach $300 - Fundamental and Technical AnalysisApple Poised to Reach 300 - Fundamental and Technical Analysis
Today, we will analyze Apple from a technical and partially financial perspective.
Reviewing all quarters of Apple's performance, we consistently see positive results.
Apple is a company whose stock has been steadily growing.
Apple has reported its highest income in the first quarter of every year.
Technical Analysis:
Each time the price has broken out of the pattern, a new upward wave was created, reaching a new all-time high. This time, Apple has just broken out of a large accumulation phase that lasted about 140 days. It appears that a new upward wave is beginning, potentially driving Apple to reach 300.
You can watch the video for further details!
Thank you:)
Markets Slowing Down Ahead of NFP, What To Lookout ForHey There,
The dollar has been in demand so far this week, boosted by it being seen as a safe-haven amid political turmoil in both South Korea and Europe as well as ongoing conflicts in the Middle East and Ukraine.
With France’s government facing “No Confidence votes” that could spell the end of the short-lived administration of Prime Minister Michael Barnier, pushing the country into uncharted waters of political chaos.
Gold Prices rose marginally as political turmoil in South Korea spurred some safe haven demand along with fears of a collaps in the Israel-Hezbollah ceasefire. However, trades continue to remain on the sidelines amid anticipation for more cues on U.S interest rates.
But any gains in gold were largely limited by a spike in the dollar as it soared on uncertainty over the long term outlook for U.S rates.
AVAX Price Action: From $24 to ATH and Beyond!In this video, I break down the AVAX/USD price action as it unfolds exactly as predicted months ago. From the $24 touch-and-go zone to blasting through $34 and heading toward $65, the momentum is undeniable. With the first target (+150%) nearing the previous ATH, we could see a potential 5x return from current prices if the momentum continues and ATH resistance breaks. Join me as I share my swing trading insights, strategies, and analysis for AVAX/USD, including key levels to watch and how to maximize gains in this exciting setup.
AUDCHF Liquidity Raid - Strategizing My Next Move!👀👉 AUDCHF remains under pressure, as shown on the 4-hour chart. Currently, the 15m timeframe shows a sharp bearish displacement. I’m considering a short entry but holding off for now—waiting to see how price evolves from the London session into the New York open. In this video, we break down market structure, price action, and combine Wyckoff & ICT concepts in a clear and approachable way. 🚨 *Not financial advice. 📉✅
GOLDGOLD continues to play on support providing a buy opportunity for upswing are facing 2650 supply roof running from 2790 to 2720 as descending trendline if we respect it we sell based on supply roof ,if we break it we will see price into 2666-2664 and correction, break above this level we can expect 2700-2695.
on a flip side respect of 2650 might break support to text 2600 and below
What’s Flowing: USD/JPY AnalysisKey Observations:
1. Price Action:
• USD/JPY has bounced from 148.65, showing signs of short-term recovery. However, the overall structure remains bearish with descending resistance levels near 150.30-150.50.
2. Technical Indicators:
• Moving averages suggest further downside pressure.
• Ichimoku cloud analysis highlights resistance in the 149.50-150.30 zone, making it a critical area for sellers.
3. Market Sentiment:
• Seasonal trends show a weakening dollar towards year-end, aligning with current selling pressure.
• Reuters and Dow Jones reports emphasize geopolitical influences and Japan’s policy stability driving yen strength.
4. News Highlights:
• Massive $1.4 billion option expiry today, with strikes at 147, 148, and 150, could add volatility.
• Recent headlines note importer buying interest near 146.50, setting up potential support levels.
5. Support and Resistance:
• Immediate support: 146.28 and 145.00.
• Resistance: 149.50, followed by the psychological 150.30 level.
Trade Insights:
• Bias: Short-term pullbacks may provide opportunities for selling rallies.
• Risk Management: Stop-loss near 150.50 for short trades. Profit targets near 146.50 and 145.00.
This week’s flow will likely hinge on U.S. economic data releases and further commentary from Japan’s BOJ. Be cautious of mid-week reversals.
HDFC Bank | 55% returns | Breakout of 5 year resistance| HDFC BANK |
Monthly time frame
Stock has been riding the white upward parallel channel since 2008
Stock riding above 20-, 50- & 200- month moving averages
RSI = 60, indicating bullish momentum
MACD crossover completed and is above the 0 line, indicating bullish momentum
Highest volumes in Aug, followed up buying in Sep and Oct
Weekly time frame
Stock has been consolidating between 1300 to 1800 since 2019
Possibility of breakout of 3-year resistance trend line at 1800
Stock riding above 20-, 50- & 200-week moving averages
Stock has recently tested all 3 moving averages and bounced back
RSI > 60, indicating bullish momentum
MACD extending the crossover & above the 0 line, indicating bullish momentum
Highest volumes in last week of Aug, followed up by buying in subsequent weeks
Daily time frame
Stock has been in trading in an upward blue parallel channel since Jan 2024
Breakout of this upward parallel channel seems to be on the cards
Stock riding above 20-, 50- & 200-day moving averages
RSI > 60, indicating bullish momentum
MACD completed crossover & is above the 0 line, indicating bullish momentum
Conclusion
Entry: 1,800
Stop Loss: 1,600
Target 1: 2,000
Target 2: 2,400
Target 3: 2,800
Fundamental metrics
PE (19) < 20 {Ideal scenario}
ROE = 17% {Ideal > 15}
Earnings Yield = 6.23% {Ideal > 5%}
PEG ratio = 0.82 {Ideal < 1}
FII + DII participation increased in last Quarter
Net interest margins = 3.5% {Ideal < 4%}
Capital adequacy ratio = 20% {Ideal > 12%}
Gross NPA ratio = 1.36% {Ideal < 3%}
Return on assets = 1.9% {Ideal > 1%}
Cost to income ratio = 40.6% {Ideal < 50%}