The S&P500 index (SPX) has been trading within a Channel Down pattern since the February 25 High. Yesterday’s Trump-fueled rise stopped just below the 4H MA100 (green trend-line), which has been the pattern’s major Resistance, and got rejected. Given that the 1D RSI also remained below its MA (yellow trend-line), we believe that the pattern…
The EURCHF continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a short tern oversold bounce, potentially setting up for another move lower if resistance holds. Key Level: 0.9160This zone, previously a consolidation area, now acts as a significant resistance level.A failed test and rejection at 0.9150…
0Grab this chartGrab this chart XAUUSD is currently undergoing a correction following yesterdayās sharp rally driven by optimism around a potential de-escalation. However, this move appears to have been largely sentiment-driven rather than supported by confirmed developments, raising the likelihood of a short-term squeeze before the broader bearish trend resumes.Recent headlines around a possible ceasefire…
The EURUSD continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a short tern oversold bounce, potentially setting up for another move lower if resistance holds. Key Level: 1.1610This zone, previously a consolidation area, now acts as a significant resistance level.A failed test and rejection at 1.1610…
OCDI (SODIC): Mid-Term Trend Test! šØ The stock is currently moving within a medium-term uptrend channel, but price action is tightening. š We are at a critical junction between key support and resistance. š Bullish: Break & close above 19.00 resistance with strong volume. š Bearish: Lose 17.25 (200MA) support ā Trend violation. š“ Wait…
The DAX continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests an oversold bounce back, potentially setting up for another move lower if resistance holds. Key Level: 23,113This zone, previously a consolidation area, now acts as a significant resistance level.A failed test and rejection at 23,113 would…
The crypto market cap has increased by nearly 4% over the past 24 hours, remaining near the high reached after Trump announced talks with Iran. This outperforms most related markets, where initial momentum has waned. Among the major coins, the relatively smaller (+15%), (+10%), and (+7.4%) are performing better than others. (-2%) and (+1%) are…
š The impact of the Middle East conflict on gold exhibits a three stage pattern: short term impulse, medium term divergence, and long term anchoring. Key focus on three core variables: oil price transmission, interest rate expectations, and USD strength. š° A stronger US dollar and rising real yields directly weigh on gold prices. If…
GBPUSD is not dropping aggressively, but it is clearly weakening with each price movement. Every rebound lacks strength and is quickly sold off, indicating that sellers remain quietly in control of the market. The root of the issue lies in the UK economy: inflation is rising due to higher energy prices, but at the same…
BitMine Immersion Technologies, Inc. is not just a stockāitās becoming a proxy for Ethereum. Over 4.6M ETH.Nearly 4% of total supply.Chasing 5%. Thatās not normal accumulationāthatās a liquidity narrative. But hereās where it gets intriguing: This feels like a second-cycle asset. Momentum is still strong.Narrative is still bullish.Institutional backing adds confidence. But under the surface?Volatility…
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