Tag: tickmill
Type: Bullish Rise Key Levels:Resistance: 14216Pivot: 13674Support: 13348 Preferred Case:On the H4, with prices moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 13674 where the pullback support is to the 1st resistance at 14216 where the 78.6% fibonacci retracement and […]
Type: Bullish Rise Key Levels:Resistance: 33432Pivot: 32614Support: 31864 Preferred Case:On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 32614 where the pullback support is to the 1st resistance at 33432 where the swing high resistance, -61.8% fibonacci expansion and 161.8% fibonacci […]
Type: Bullish Rise Key Levels:Resistance: 138.65Pivot: 135.31Support: 130.00 Preferred Case:On the H4, with prices moving above the ichimoku indicator, the MACD histogram is above zero and the RSI moving along the ascending trendline, we have a bullish bias that price may rise from the pivot at 135.31 where the 61.8% fibonacci retracement is to the […]
Type: Bullish Rise Key Levels:Resistance: 953.7Pivot: 933.3Support: 908.7 Preferred Case:On the H4, with prices moving above the ichimoku indicator and the ascending trendline, we have a bullish bias that price may rise from the pivot at 933.3 where the 61.8% fibonacci projection is to the 1st resistance at 953.7, where the swing high is. Alternative […]
Daily Market Outlook, August 9, 2022 Overnight Headlines NY Fed: Inflation Expectations Decline Across All Horizons US Dollar Loiters Off Highs As Traders Eye Upcoming CPI Citi: Fed Could Approve 100 Bps Rate Hike After Jobs Shocker EU Puts Forward ‘Final’ Text To Resurrect Iran Nuclear Deal UK Retail Sales Growth Fails To Keep Pace […]
European equities hold in green while S&P 500 futures consolidate near the June high (4200 points) ahead of a possible breakout, as the strong labor market report on Friday reduced uncertainty in growth forecasts of the US economy with optimism over US growth propagating to other key economies. Despite half a million new jobs in […]
According to a note from Goldman Sachs on Thursday, US equities are headed for another big sell-off if economic data fails to improve quickly to justify the latest leg of the rally. Goldman’s Cecilia Mariotti noted that “In the absence of clear signs of positive macroeconomic momentum, temporary increase in risk appetite may actually increase […]
Type: Bullish Bounce Key Levels:Resistance: 33462.53Pivot: 32613.24Support: 31887.63 Preferred Case:On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 32613.24 where the pullback support is to the 1st resistance at 33462.53 where the swing high resistance, 161.8% fibonacci extension and -61.8% fibonacci […]
Daily Market Outlook, August 5, 2022 Overnight Headlines US July Job Growth Set To Be Robust, But Could Slow Ahead China Missiles Likely Fired Over Taiwan, Increasing Tensions Fed’s Mester Reiterates Resolve To Curb Inflation With Hikes Vital US Senator Sinema Agrees To $430Bln Drug, Energy Bill Dems Drop Carried Interest Change, Adds Stock Buyback […]
Type: Bullish Rise Key Levels:Resistance: 24615Pivot: 23500 Support: 22365 Preferred Case:On the H4, with price moving along an ascending trendline and bouncing from the stochastic support, we have a bullish bias that price will rise from our pivotat 23500 where the overlap resistance is. Once there is upside confirmation of price breaking pivot structure, we […]