Hello fellow traders and investors, As we move toward Q2, I wanted to highlight one of the cleanest trend structures on my radar for potential positioning in the coming weeks ā $LIN. LIN continues to sit at the center of the marketās leadership structure.The trend remains intact, but the character of the advance is shifting:…
Hey traders! Gold had a bumpy ride this weekālots of chop, and some of you got caught on the wrong side and took losses. Total “whipsaw week” vibes. It started with a deep drop, then a V-shaped reboundā¦ ended up closing lower after wild swings, making it the fourth down week in a row. But…
The broader structure is still influenced by the previous bearish move, but currently we see a clear bullish reaction from discount (PDL), supported by internal CHoCH + BOS confirmations. Price has reclaimed the key 69.4ā69.8 zone, suggesting a potential intraday continuation move toward higher liquidity areas. However:price remains below EMA200 ā higher timeframe trend not…
Market Sentiment The short-term sentiment has shifted to bearish after a strong bullish impulse failed to continue. Price initially formed a strong upward move but is now showing: Lower highs formationRejection near local resistanceBreakdown attempt from a rising trendline This indicates momentum exhaustion and potential transition into a pullback phase. Key LevelsMajor Support$4,437 ā Immediate…
#CGPT The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. A key…
S&P 500 Elliott Wave Count Update(Re-examined ā yesterdayās night post was rushed) No change to the downward impulse scenario starting from the 2/11 high.Wave 2 is currently in progress as a flat correction (a-b-c).The move from the 3/23 low is viewed as a flat a-b-c structure. The b-wave low is around 6,350 (or extremely close)….
š HEG Ltd ā STWP Equity Snapshot Ticker: NSE: HEGSector: Industrial / Graphite ElectrodesCMP: 572.30 ā² (+13.75%)Learning Rating: āāāāā (High Momentum Expansion After Base Formation)Chart Pattern Observed: Volatility Contraction Breakout from Consolidation BaseCandlestick Context: Strong Bullish Expansion Candle with Wide Range Body HEG has displayed a powerful transition from a prolonged consolidation phase into a…
USDJPY closed the week right at a major resistance zone, printing a high at 160.25, just below the 2024 weekly high close at 160.70. This area is critical and could determine the next directional move. With heightened volatility driven by ongoing geopolitical tensions, the big question is: will we see a gap up at the…
FET broke out of the falling wedge, but the move is now facing clear rejection at a key resistance and near FVG zone. The breakout lacked strong follow-through, and with bearish divergence on RSI, momentum is fading right at resistance. This increases the probability of a fakeout rather than a confirmed reversal. If price continues…
I like the structure.But it still needs to prove itself. I have seen it overperform the other Nasdaq stocks and even be green when the Nasdaq is red. I like that. It will suffer from credit tightening and higher yields, but Tilray has paid off most of their debt, and ensured a free cash flow…
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