- This topic has 28,410 replies, 54 voices, and was last updated 37 minutes ago by .
-
NAS100 4 HOUR CHART – Watch 20K
Similar to the uS500 post, is it a win-win for tocks no matter who come out on top?
In any case, the pivotal level is clear at 20K as that will dictate the trading tone once the dust settles on the US election results.
To neutralize the retracement risk, and shift it to the upside, 20293 would need to be firmly regained.
US500 4 HOUR CHART – WAITING FOR THE VOTE
Let’s keep it simple.
A case for stocks in a win-win no matter who is the next president but that is for a discussion after the dust settles on the election result reaction. Just fasten your eat belts for a bumpy ride.
Use 5700-5800 as a range with a firm break either side signaling what comes next
Using this CFD chart, 5773 would need to become support a low is in and shift the risk to 5800 or above..
Trump Media – DJT
DJT Stock Goes On Wild Election-Day Ride
Shares of Donald’s Trump struggling social-media upstart are up about 5% Tuesday, extending a recent stretch of volatile trading with traders anxiously awaiting election results. At its high on the day, Trump Media & Technology stock was up more than 18%. It fell sharply after 2:30 p.m. ET and was down as much as 8% on the day before turning positive again.
Betting on the White House ??
Nvidia – NVDA
Nvidia Put Option Premiums are Sky-High – Good for Short Sellers Ahead of Earnings
Nvidia Inc. (NVDA)Â stock is floating higher as analysts keep raising their price targets and revenue forecasts. Put option premiums are sky-high, giving short sellers high yields in out-of-the-money put strike prices in close expirations.
NVDA is at $139.26 in midday trading on Tuesday.
EURUSD 4 HOUR CHART – AMAZING TRADER LEVEL
You have seen me post about my (more than just a) charting algo, The Amazing Trader and what you see on this chart is no coincidence.
‘
In fact, if you scroll back, you will see me cite this as a key level.
‘
‘FWIW I would not have drawn this line without AT.Contact [email protected] for details on a 1/2 rate special
BTCUSD 4 HOUR CHART – ELECTION INDICATOR
BTCUSD may be setup to have the most volatility given Trump’s support of cryptos while Harris has not made it an issue.
So, let’s pick a range and ask whether 60K or 75K (7500 pips either side of 67500) are safe in any knee jerk reaction to the election result.
On this chart, watch the trendline, close to being tested today.
GBPUSD Daily
Supports : 1.29450 , 1.29050 & 1.28450
Resistances : 1.30000, 1.30450 & 1.31050
Cable is in the sideways from 15.10. with some up and downticks.
Waiting for two major outcomes : US Election ( today) and FOMC ( Thursday ).
If we put aside that influence , strictly chart wise, a Pattern is forming for another Uptrend Episode.
Breaks of given supports/resistances won’t mean anything if it won’t be followed by few days of continuation !
Sit on your fingers ( use them to hold a coffee cup ) and wait for the outcomes.
USDCAD VOLATILITY TRADE
On the 12-month chart, price show an impulsive bearish move that took 6 years to complete. In tandem with price action, the bullish correction that is currently active has taken 14 years. Price is yet to contact a fresh long-term supply sitting at 1.544.
On the monthly and weekly charts, the structure is still the same. Price is seeking to contact a short-term fresh supply at 1.44.
On the daily chart, price continues to form new highs. In the short term (daily), we are looking at a bearish price correction fueled by the US election volatility. Price is expected to correct towards the 1.35-1.32 range after that resuming the original long-term bullish price correction.
- You must be logged in to reply to this topic.