Flag patterns have five main characteristics: The preceding trend The consolidation channel The volume pattern A breakout A confirmation where the price moves in the same direction as the breakout. While the S&P 500, Nasdaq, and Dow Jones closed at the highest levels, small caps must move at least 5% to make a new all-time high since 2021..!
I'll conduct an inter-market analysis focusing on the relationships between various financial instruments over different time frames. 1. Short-term view (Image 2 - approximately 1 month): - Gold (yellow line) has been the best performer, showing a steady uptrend and currently up 5.07%. - The U.S. Dollar Index (green line) has been relatively stable, with a...
The image shows charts for four major US stock market indices: the S&P 500, Nasdaq 100, Dow Jones Industrial Average, and the US Small Cap 2000 Index. Tough week for the markets: 1. NASDAQ 100: The chart shows a sharp downturn, with a rate of change of -5.72%. You mentioned this is the worst week for NASDAQ since October 2022, which aligns with the severe drop...
This interesting question touches on the complex relationship between stock prices and option prices. Let's break down this dilemma: 1. The theoretical relationship: In theory, stock prices drive option prices. Options are derivatives, meaning their value is derived from the underlying asset (in this case, the stock). The Black-Scholes model and other option...
Rivian Automotive (RIVN) Shows Signs of Potential Squeeze Amid Accumulation Phase Rivian Automotive Inc. (NASDAQ: RIVN), the electric vehicle manufacturer, is showing intriguing signs of a potential squeeze play according to recent market data and technical analysis. As of August 26, 2024, RIVN is trading at $13.95, near the lower end of its 52-week range of...
Looking at the chart for the Invesco QQQ Trust, I can see a potential bullish harami pattern near the end of the price action. This formation matches the description of a bullish harami pattern as shown in the informational image: - It's a 2-candle pattern - The first candle is a long red one - The second is a smaller green candle - The second candle is contained...
Based on the DXY (U.S. Dollar Index) chart provided, here's an analysis and its potential effects on various markets: DXY Analysis: 1. Long-term uptrend: The chart shows a long-term uptrend channel (green dotted lines) from 2011 to 2024. 2. Recent consolidation: Since 2022, the index has been consolidating in a narrowing range (triangle pattern). 3. Potential...
This image shows a price chart for the SPDR S&P 500 ETF Trust (ticker: SPY), which tracks the S&P 500 index. Here's an analysis of the chart: 1. Trend: The overall trend is bullish, with the price moving upwards within an ascending channel marked by green dotted lines. 2. Recent price action: There's been a pullback in the most recent candles, with a significant...
This chart displays the stock price movement of Apple Inc. (NASDAQ: AAPL) over a period from late April to mid-July 2024. Here's an analysis of the key features: 1. Trend: Apple's stock is in a strong uptrend, moving within an ascending channel defined by green and red trend lines. 2. Current price action: The most recent candle shows a significant drop, with...
This chart displays the price movement of the Invesco QQQ Trust (QQQ), which tracks the Nasdaq-100 index, over a period from early 2023 to July 2024. Here's an analysis of the key points: 1. Overall Trend: The QQQ has shown a strong upward trend since early 2023, with the price rising from around $260 to over $480, representing a significant gain of about...
This image shows a historical chart of the QQQ ticker (which tracks the Nasdaq-100 index) over the past 15 years. The chart displays sequences of the market's consecutive up days (green) and down days (red). Key points from the image: 1. The chart spans from 2009 to 2024. 2. Green and red bars represent up and down days respectively. 3. Numbers in boxes above...
Just be careful, if you want to open all these trades you need a 12643 USD which should not be more than 3% of your account! If your account is below 421 k you should cherry-pick between them! You have a small account, no problem! only pick one contract that costs less than 3% of your account! If you can not afford 100 USD (XLV) this post is not good for you!
The stock market is a dynamic arena where prices fluctuate continuously. While many movements follow predictable patterns driven by economic indicators and corporate performance, others are sudden and seemingly irrational, leaving investors puzzled. These unusual price movements often present both risks and opportunities. Instead of merely questioning why these...
fundamental analysis of TLT suggests that the ETF's performance in 2024 will depend heavily on the direction of interest rates, inflation, and economic conditions. Investors considering TLT should carefully assess these factors and their risk tolerance before making an investment decision.
Much easier to see in weekly chart! A review on April 10th analysis: The Best is The Best even if got shadow banned..!
QQQ has made the similar pattern to 2023, and 2021 which increases the risk of more correction! Which scenario is more likely to happen???
The S&P 500 Bullish Percent Index is a breadth indicator that tracks the percentage of stocks in the S&P 500 that are on buy signals according to point and figure charting. Point and figure charting is a technical analysis method that focuses on price movements and ignores time. The Bullish Percent Index is thought to be a contrarian indicator, meaning that when...
Artificial intelligence (AI) has become ubiquitous, transforming industries and powering everything from facial recognition to self-driving cars. However, the dream of Artificial General Intelligence (AGI) – machines with human-level intelligence and understanding – remains elusive. Let's delve into the key differences between AI and AGI, particularly regarding...