Key pivotal point here. Personally, I would like to see a push above the mid and then a deviation, to confirm shorts.
Price is looking very bullish, fundamentals to me suggest that we see MAJOR drop. To me, it is still a bull trap until proven otherwise. Would look for longs if we can stay above mid level. Deviate below it, I am going short with low, low, targets.
If dollar doesn’t break up from here, I’m expecting lower targets.
Confluence is bond yields falling today after sweeping highs.
This means I’m expecting higher prices for precious metals in the following weeks. Metals have been way oversold and markets are likely to start pricing in future lower rates in confluence with china’s economy woes, hence, metals will...
Nasdaq confirmed the range deviation and is bound to correct. Euphoria, few tech stocks running, calls at ath. It’s game over. Will reassess at range levels further down.
Started building a swing position with puts and margin. Will be actively managing it. Looking for approx 20% drop from here.
Markets euphoric, greed, AI mania.
FED clearly signaling more hikes.
Markets digesting news on a big resistance level. Trend reversal imminent.
Will look to scale out on a few daily consecutive closes above red box.
Enjoy.
Silver broken out of an immense resistance. Macro view+ fundamentals point to 30+ for silver. In addition, a cup and handle pattern is looming for most metals. For trading, play next range that it just confirmed going into. Cheers ! :)
Shorted LDO here. Clear deviation and significant downside when crypto markets nuke lower. Appropriate stops above range high are not desirable at this point so I recommend a tighter stop with lower leverage. Cheers and happy trading!
Matic shows strong demand in comparison to other alts. Waiting for a trendline retest and a possible short entry below 1.24 level which also confluences with MAs.
