Last week’s assessment aligned well with the anticipated positive SPX range. The index moved sharply up toward the 6100 area, yet as Friday’s session progressed, the call resistance around 6100 capped further upward momentum. Looking ahead, I have doubts that the previously unbridled optimism will persist. Currently, we find ourselves in a “chop zone,” suggesting that the short-term direction is less clear. In aggregating GEX (Gamma Exposure) levels and examining the landscape a week out, it appears that 6100 remains a strong call resistance level. Meanwhile, the HVL (High Volatility Level) has crept closer to around 6080, placing the market uncomfortably close to a higher-volatility environment. Below 6080, the market may experience increased turbulence, potentially retesting 6035 and then 6000. On the other hand, if the index can break and hold above 6100, an upward gamma squeeze could emerge, pushing prices even higher. Currently, overall GEX sentiment is negative, but the approach toward the HVL zone suggests caution. From these conditions, I’m not expecting a strong, sustained rally in the immediate term. In terms of intraday and short-term dynamics, 0DTE (same-day expiry) sessions and Fridays continue to hold relatively higher positive gamma exposure compared to other days. Volatility indicators: VIX: remains low IVR (Implied Volatility Rank): also low Put Pricing Skew: currently low, although it has begun to show a very slight uptick Key Levels for This Week (for educational reference): Above 6100: Omni-bullish environment Between 6100–6065: Chop zone (directionally uncertain; not ideal for unhedged directional trades) Below 6080: Bearish tilt, with targets around T1: 6035 and T2: 6000 (near the 16-delta OTM put level) On Wednesday, inflation data is scheduled for release. Anticipation alone may drive volatility, so it’s something to keep on the radar for educational scenario planning.
Still waiting for GBPJPY to pullback and check at 61.8 daily and expecting upward impulse. Risk and Reward 1:4. We will see what happens , I prefer to go long from 4hr 78.6 this time.
hi traders, The price is retesting a key support. If this support fails, bears may attack and the price may drop even 20 %. How to trade it: If you want to short ALGOUSDT, wait for the price to break down . Look for the volume surge to avoid the false breakdown. You can also wait for the price to break down and give a bearish retest. Target is shown on the chart. Good luck
Real nice look on the weekly higher low here. We've broken out of the wedge here, but there is a secondary supply line / creek, that we need to push thru and see a sign of strength come in. This would be achieved with a 1.618 extension and a retest of the neckline here, where you could typically expect a partial decline of sorts or a checkback before breaking out of the range. Targets at 30, 40, 70 and ultimately the upper supply zone into 130+. This is a weekly chart, and price rarely travels in a straight line. This could take some patience, but this is how it begins.
XAU/USD 4H - As you can see from this screenshot I am wanting to see price trade us lower from the Supply Zone I have marked out, price trading into this and rejecting to the downside builds confluence. If you are wanting to be less pre-emptive and wait for entry confirmation you will need to go to the lower timeframes, like the 15M & 5M. This will allow you to get your fractal breaks of structure to the downside to confirm a reversal in trend. a BOS would suggest enough Supply has been introduced to flip the balance, putting an end to this current bullish correction and starting the next bearish leg trading price lower. If you are a higher timeframe trader or someone who is more aggressive with there approach a penetration and rejection may be enough. I will be looking at the lower timeframes for additional confluence for you all, but this is a trading opportunity we could look to take advantage of, I will provide further analysis on this pair shortly.
Dear traders, please support my ideas with your likes and comments to motivate me to publish more signals and analysis for you. Best Regards Navid Nazarian
Got a really good price target today. The stock has been in a downtrend, dropping almost 9% today. It seems like a good time to add Coin stock. The weekly targets are as follows: If the price crosses above $317.75 and closes above this level today, the immediate target is $325, followed by $331. Breaking above $331 opens the potential for a $340 weekly target. The monthly target is in the range of $385–$400. Let me know if you any opinion on this chart analysis
One shouldn't need to have an analysis when NASDAQ:AAPL is trading at > 40x P/E. I went back and counted, there are only 4 days in the history of AAPL where it traded above the current multiple and all 4 of those days came in the post-covid-free-money-boon when they last had actual growth. Now, a company with a year average revenue growth rate of 5% is trading at 40x+?? For comparison, NASDAQ:NVDA is currently trading at ~55x P/E. AAPL is chasing 4T. There is nothing fundamental about this price except for the "apple always goes up" narrative. From a fundamental perspective, putting money in at this price to go long is absurd. The only _potential_ positive that Apple has right now is that Tim has cozied up to Trump and may be able to sway him to apply tariffs to his competition in a way that is more damaging to them (Samsung) than they are to Apple (if they are damaging at all). But even at this price that potential just doesn't hold the risk reward for a 1-3 year play to allow that to come to fruition. It seems more likely to me that any form of tariffs (if any) that may benefit Apple will be a local maximum as the larger tariff strategy will likely hurt the economy, more than offsetting any value that Apple gets as a leg up over its competition. Anywho, Apple is now trading right at the top of an 8 month range is is flashing overbought across the board. There is more downside from here in the short to medium term than upside.
Gold is in a neutral zone right now, but overall I am bearish. Here is what I am looking for next; Option 1: Gold keeps dropping in its bear trend. Our target is $2,580. You can see the zig zag move Gold is creating. We saw a break below + retest so should continue now. Option 2: If Gold moves above $2,690 next week then we can see a mid term bull trend towards $2,740 before it drops back down again.
Price has recently made a bull run and is now in the retracement phase. I'm expecting price to react in my support zone for a rejection and continuation to the upside. If price doesn't react to my support zone, I will then pull out my fib and expect a reaction in the golden zone to continue its longs!