US30 Analysis – March 18 USOil has had a temporary stop in its drop because the buyers intervened. The result is that the market entered an accumulation phase as opposing market forces tried to steer the price in their favor. This lasted for several months, ranging back to November last year. Eventually, on the 13th […]
FTSE100 Analysis – March 15 FTSE100 falls without a break after the completion of the three black crows candlestick pattern. As the price heads towards the key support level at 7310.00, there’s no hope of the market returning to the upside as it pushes below in a sharp manner. There are speculations that it may […]
Imagine we are attempting to design a stock picking model that will outperform the market over the next ten years. After a great deal of forensic research and testing we finalise our approach. Although we couldn’t know this in advance, the system we devise is optimal – there is no better way of tackling the […]
The Nasdaq uptrend has been put to a halt at the 12795.0 supply level. The buyers are exhausted after pushing through multiple resistance zones. US 100 Key Levels Demand Levels: 12071.0, 11311.0, 10665.0Supply Levels: 12795.0, 13638.0, 14400.0 Nasdaq Long-term Trend: Bearish Nasdaq bulls have faced stiff resistance from the 12795.0 resistance level. The demand level […]
Market Analysis – February 9 Gold has been soaring easily through multiple resistance levels on the daily chart. The market is drawing toward liquidity pools at resistance levels. Gold Key Levels: Demand Levels: 1871.0, 1786.0, 1740.0 1727.0Supply Levels: 1999.0, 2067.0, 2150.0, 2200.0 Gold Long-term Trend: Bullish Gold buyers attempted to strike at 1999.0 but got […]
Market Analysis – February 5 US100 delivered the sell-side of the market from August to September. The market declined from the supply level at 13705.0 to the demand level at 10708.0. The market is coming delivering the buy-side of the market. US100 Key Levels Resistance Levels: 12732.0, 13214.0, 13705.0Support Levels: 12187.0, 11300.0, 10708.0 US100 Long-term […]
US30 price action received a significant upside push last Friday. However, the market opened for the week attracting the attention of bears. Subsequently, this has caused prices to keep falling toward the support level of $33,411. In today’s session, prices may likely break this support level to reach lower. Major Price Levels: Top Levels: $33,441, […]
The US30 market continues to relinquish its gathered gains in the ongoing session. Nevertheless, looking at the market, price action is still retaining a significant part of the profit from three sessions ago, and technical indicators keep telling us that price action still has some upside propensity. Important Price Marks: Resistance: $33,252, $33,300, $33,350 Support: […]
Following the extended downward retracement that started from the 2nd until the 7th of December 2022, USOil has been able to recover a significant part of the losses incurred during those times. Furthermore, market signs are still positive about more upside price moves. Major Price Levels: Top Levels: $78.37, $80.00, $82.00 Floor Levels: $76.00, $74.00, […]
