Looking like last upward wave is finished with RSI divergence & downward move is already started on weekly chart in NASDAQ 100 index.
On weekly chart we can see bearish RSI divergence. But index is going up & up.
On weekly chart, CAC already suffered much from Bearish RSI divergence. It is secured number one position within all major indices in achieving target.
On weekly chart DAX has bearish RSI divergence on weekly chart. Be cautious with longs.
On weekly chart, DOW is facing bearish RSI divergence. Be cautious with longs.
Whole world is seems to be bullish now but on weekly chart of SPX, price is moving upward in bear wedge pattern with bearish RSI divergence. All major index worldwide are moving upward in same manner. Here you can easily see SPX weekly chart divergence & bear wedge. So be cautious with longs.
Price is moving upward in bear wedge pattern on weekly & daily chart. Last wave is touching resistance line. So be cautious about upward movement in NASDAQ. It can surprise with sudden big fall.
As shown in daily chart of SPX, price made breakdown from three months old upward channel. If it failed to enter again in the channel then selling pressure will increase significantly. There is no good correction of price since last few months. Long unwinding & short selling will push the SPX down. Do or Die condition for the index.
Dolor index made double bottom on daily chart. While price was making double bottom... RSI made higher lows & price went in consolidation phase. Today it is trying to break this consolidation on upward sode.
As shown in daily chart of tcs, wave E starts on upside making violation of red support line a false breakdown.
Crude price reverse back from around 90.50 for 7 times in last 12 days. Today again it visited the hurdle and turned back. Interesting to watch .
Price is trying to take support at prior low but RSI is making lower low. Looking at scenario, we can guess that... Price can not sustain at these levels.
Crude 15 minutes timeframe has 🐻 divergence. Chance of price drop is there.
On hourly chart, there's bullish divergence. Chance of upmove is increasing.
RSI diversion appears on 15 min mcx crude chart. Shorting can be good idea for scalping purpose.
price can go down because there is clere rsi diversion on mcx crude 15 min chart. short term scalping idea
mcx crude hourly chart, bull wedge is about to break out. Target is big, watch break out level.
on hourly chart of nifty index, we can see that the inde is trading in the last wave of inverse H&S pattern. It is very near to the neckline which is situated at 14900 around. If price cross it northwards & sustain there , then it can move upward till 15300 round with some resistance of prior highs. If rejected at neckline , then vertical fall can be expected.