DIA has had a solid sell off ever since we made new all-time highs on December 4 look at that 35 EMA (the red line) We’ve been trading underneath at the entire time and right now as I’m posting this about an hour and a half before FOMC we’re sitting right at that level. It is a critical level. We’re also sitting right on top of the 50 day moving average and then on the Green side of the weeks trading range we have the one hour 200 moving average and the 30 minute to removing average so you should know all of those levels. You should have them on your chart and the top of the implied move is 445 on the lower side It’s 432. GL
I think ZIG will go higher here after bouncing from 0.75 fib level
Here is another example of trading on the very low time frame. I was live here trading and I had 2 Short positions, one of which I close during the video. I would not say that being on the very low TF's is better. But what it does allow for is to see the way price is moving in the lead-up to the low timeframes 1-15 minutes. Down on the very low TF's you will see the same patterns and formation just like the higher TF's, lots of D/tops, D/bottoms and even the 1 second has these patterns. I think its an advantage to be on very low timeframes when trading things like Heads n Shoulders patterns because you can see what is happening in the price action. For example, say you are waiting for price to move up to the neckline where the pattern may trigger your Long and you are on the 1 minute timeframe, but you see that price is ever so gently receding and moving back down. Well, I would drop to the very low timeframes all the way down to 1 second. Now back to our example, on the 1 second TF I see a double top and because we are on the 1 sec things will move a bit faster. However, I have confirmed why price is moving back a bit on the 1 miute. The very low TF's confirm that price is moving down a bit due to a Double top forming, so I do not worry so much and I wait until the D/top plays out and then my pattern on the 1-5 minutes will hopefully stay in play.
TAOBOT flip this and it will go higher. Im already in. This coin has lots of potential once TAO starts pumping. 5x from here is fud.
Current Market Overview As of December 2024, the SPDR S&P 500 ETF Trust (SPY) is showing a bullish trend with the following technical indicators: MACD : Suggests a buy signal. RSI : Indicates a neutral signal. Moving Averages: Both 20-day and 50-day moving averages suggest a buy signal. Price Action: The support level is at US$600.96, and the resistance level is at US$607.46. Options Strategy Recommendations 1. Long Call trade_id: g-663257 Signal: Bullish Option Strategy: Long Call Current Price: US$605.57 Strike Price: US$550.00 Expiry Date: 20-Dec-2024 Buy/Sell: Buy Call/Put: Call Premium: US$55.46 Stop loss: US$49.91 Take profit: US$61.01 Probability of Profit: 51.4% Implied Volatility: 96.81% Max Loss: US$-5546.00 Max Gain: ∞ (infinity) Break-even price: US$605.46 Days to Expiration: 2 Rationale: This strategy is designed to capitalize on a bullish outlook for SPY, with a high probability of profit and a defined risk-reward profile. Conclusion The SPY is currently in a consolidation phase, and the recommended options strategy provides an opportunity to capitalize on potential bullish market movements. The Long Call offers a high probability of profit with defined risk, allowing for profit from significant price movements in the upward direction.
Wow guys look at today’s chart for FOMC for IWM. We had a really solid sell off after making new all-time highs after three years back on November 25 and that 35 EMA has been front and center. We did take it all the way back down to the 50 day moving average on the 30 minute timeframe we’re on the one hour timeframe and we’re bouncing on the 50 day moving average or at least holding above it that is also the two hour timeframe Today between 227 to 235 The 35 EMA is right above us that’s definitely the first level. If we get above that we do have the down gap from this Monday and the top of that gap is at 234.37 Then the top of the implied move is at 2:35 and 236 on Thursday’s contract then we do have an interesting cross of the 30 minute two moving average that is underneath the one hour to under average so that is a bear signal underneath us if we break the 50 day we do have The bottom of the move at 2:27 and 226 on Thursday’s contract. We do have a little bit of support that is just underneath that and it’s around 228 that goes back to around November 18 where we saw a few days before we rally to make new all-time highs so that could be a little to watch out for as well.
NASDAQ:ADBE , Buy, Risk=1/5, TP>15% Fundamentally the stock is good. Choose an entry point and do not forget about a protective order if you are trading with leverage. Don't risk it if you're not sure. Good luck to everyone.
ALVA might breakout soon. Im buying here. Best option is to wait for breakout and retest.
Go Through The analysis The price of US30 Seems In Buy Side. Take Entry From current Price Stay in Buy Side These are Targets to Up Side If Price. Our Goal To Buy Side 1st Target 43,760 2nd Target 44,000 important to key Factors before Making Trade. Keep Eye On The target That's the US30 Movement. Plz Support with like and Comments for more insights to Fallow me.
Aggressive Trend Trade - short impulse + volumed TE / T1 + support level + biggest volume Sp + weak test + first bullish bar close entry Calculated affordable stop limit 1 to 2 R/R take profit Daily Context "+ long impulse + 1/2 correction - expanding T2 + support level + volumed manipulation" Monthly Context "+ long impulse + 1/2 correction + T2 level + support level - biggest volume manipulation" Yearly Context "+ long impulse - neutral zone"