I don't trade this script digitally but just hoard spot gold and add more when cheap.
Stars look to be aligning for this one. There have been so many setups of this style on the markets lately,
>run to ATH
>sweep it/tease it
>break the lows which gave us the artificial breakout. (so many equal lows and untapped liquidity in gold charts.
>Enter/bid.
We may or...
The relative strength (ratio) chart of Nifty to S&P 500 (NIFTY/SPX) has hit its long-term resistance once again and has been consolidating in that area for some time now. Breakdown from this consolidation can take the Nifty/SPX back down to previous horizontal support.
Note: This is for educational purpose only as the ratio itself is not tradeable and to place...
the dollar index might see a sell-off for quite a few while the reasons for it is
REASONS
1. on a 1week time frame we are seeing a strong resistance.
2. on the 1day time frame we are seeing double top on the resistance.
3. and on 15 min time frame, we can see a head and shoulder pattern and a descending triangle pattern.
4. if the US market stays positive today...
The jaws gap between US and Indian market volatility should close soon. A Nifty selloff is likely as India market volatility rises to catch up with US market volatility.
I expect this index to do this PA for the rest of the year if the situations are not too grim..
A good amount of relief, even tag new ATH before getting a good amount of further correction.
Can be wrong (duh), NFA
An inverted yield curve is unusual; it reflects bond investors' expectations for a decline in longer-term interest rates, typically associated with recessions.
I've been looking at the major US indexes (SPX, DJI & NDX), as well as some of the TOP Altcoins within the cryptocurrency market (Ethereum, Cardano, Solana, Polkador), they are all bearish right now on the major/weekly timeframe.
This week we saw mentions in the "news" about Bitcoin and the S&P 500 Index detaching... Sounds fishy.
Maybe detach over the weekend so...
As we can see there's a trend reversal in market and bullish movent in the market it 's a good oppourtunity for long everything is mentioned in the above pic in details
#SPX
When SPX broke out to new all-time highs at the end of 2021 and the beginning of 2022, it left behind support at 4700 – the area of the old highs.
That level is now being broken & I'm assuming Major top done of 2009-2021 Bull Cycle.
S&P500 looks extremely bullish. But again volumes are on the average side. If the volume expansion kicks in with the breakout of this flag patter then may witness a huge upmove.
Hello traders, S&P 500 in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the indicators, because the movements of the waves are always upward and its corrections are very short compared to the forward movement that is done, no relation between the waves can be...
We published our initial idea on NIFTY/S&P500 in Oct'21 where we highlighted the long-term resistance which was at play for the ratio chart. That resistance played its role well and now we are at the diagonal trendline support which was created during Mar'20 fall. This is also the 200DMA as well as 200WMA zone for the ratio. Will the Nifty/S&P500 hold this support...
negative breakdown in spx
the bollinger band shown an overbought territory
and spx h=given a breakdown below the 20 period mid band security areas
is a negative sign technically
