The U.S. Government Bonds 10 YR Yield is heavily bearish on its 1W technical outlook (RSI = 36.788, MACD = -0.034, ADX = 32.176) and that has historically been favorable for stocks. More specifically, when the Yields have been trending down inside a Channel Up since 2010, the S&P500 was on an uptrend. Going into more detail on the US10Y RSI on the 1W timeframe, it is almost on the 34.20 trendline, which is a key level as every time it hit that (see the dashed vertical lines), the S&P500 bottomed. The exception to the rule was, needless to say the COVID crash in Feb 2020. According to this, Trump's tariffs create the perfect market opportunity for a new long term buy. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
The AMEX:SPY aka S&P 500 is delivering a daily Bollinger Bands and RSI oversold signal today In the last ten years there has been a bigger recovery shortly after such an signal
I want everyone to benefit on this! BTC has shown resilience in a horrible market and it's picking up. We can see the double bottom and nice formation on the upside. My humble opinion is that people are moving their crappy stocks and moving it to BTC in the hope that it goes back to 88k like it did a few days ago, which would mean a 20-30% upside for MSTU easily. I always watch my trades and have stop loss, but early next week looks very interesting esp if globally people start buying over the weekend (post dip). Always do your own due diligence and safe trading! Reward favors the brave and those who take calculated risks. Trade your rice and beans for a nice steak :)
Mixed signals from the VIX and SPY, but I go over the general idea for the next few weeks....
As u can see nike is in a downward channel in which it will break out of and make a nike like pattern to a recovery. I call this a bullish nike shape pattern break out lol all jokes A side lows $40 is a really good small entry for long term hold. good luck to all
I've seen so many targets hit and reverse - especially GLD & GDXJ- I figured I may as well see if USO has a similar reversal since the downside target from my last USO idea is tagged & holding. At the moment I get that it can get back up to the $70-71 area & it's a bull trap. I also get the date of the 16th, so there's often reversals or interesting price action around dates. Oh, I do dowsing, btw, and that's where all my levels and information comes from. We'll see.
This video shows common chart patterns play out in real time. This is bullish descending wedge pattern that played out beautifully--also highlighting how oversold conditions can fuel bullish pivots. Thanks for viewing, boosting, and following!
Hi there! What a ride! I believe it’s a good thing that the market is closed for the weekend—I need to recharge my battery. Today's thoughts: If we draw a parallel channel on #RSP, which is equally structured by weight, we can observe that the price has touched the lower line. This means that, theoretically, the price could hold here and reverse in the next week (or weeks), as it did in October 2023. Alternatively, it may not hold and could move down further, similar to what happened in 2020. My point here is that the hysterical sell-off is near its end. The question remains: how much more pain will the Bulls endure before the reversal begins? Happy weekend!
CHFUSD, 1Hr, Short Setup on Breakout (Lowers side) USD Index CHOH occured Waiting for confirmation of CHOH on this pair for entry BEARISH DIVERGENCE PRINTED
This chart uses an unpublished modified turtle trader indicator / strategy combined with the unpublished TVMV framework using MFT candle sticks (published as separate indicator) and Bollinger bands. The max monthly position size is determined by seasonal probabilities, while the individual trade position sizes are determined by the turtle style volatility sizing based off the former's capital. Nothing has changed about TSLA. It has a work from home CEO who is who disconnected from reality and accountability that the stock will not recover. No amount of government contracts can over come the damage this man has done to the brand. Sales and deliveries are down in every market and the car owners are afraid to drive their cars. This recent pump had no basis. It lacked both fundamental value and technical value. TSLA will break below 222 and may go as far as 109 by EOY if the board of directors does not fulfill their fiduciary obligations to share holder to remove Musk permanently . Shareholders should seriously consider filing a class action law suit against the board of directors in collaboration with NY .