Royston1618
liked
$Meta Platforms (META.US)$ meta has fully recovered 100% of the sell-off in fact it's up against a resistance point at 525 which represents the upper level of a Bollinger band. 90% of price movement happens between the bands so it's very realistic to expect profit taking at this point where it may come down to its 20-day moving average it probably won't touch it unless we have a global event like I ran Israel for example that results in a major retaliatory strike or a very bad CPI print with bad ...
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SPX will be interesting tonight...
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I love the above scene from Star Wars.
Believe in yourself and the Force - Technical Analysis, combined with discipline, patience and strong market sense along this lifelong journey of trading...
Believe in yourself and the Force - Technical Analysis, combined with discipline, patience and strong market sense along this lifelong journey of trading...
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Royston1618
liked and commented on
Resistance level identified at Fib 0.5 and 0.618 levels
Please trade with proper SL and rational TP levels...
Please trade with proper SL and rational TP levels...
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Royston1618
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SPX will meet a few major resistance tonight or tomorrow and dump again...
0.5 Fib 5342 with 2 points anchored to Aug high and low...
7 Day EMA confluence with this level and may act like a resistance...
Vix may bounce off 200EMA 1H timeframe and shoot up like crazy again as seen on Monday
The mentioned level was also rejected twice last Friday trading day if you look at the charts
Good to short MES or ES at the same time when SPX price get rejected at tha...
0.5 Fib 5342 with 2 points anchored to Aug high and low...
7 Day EMA confluence with this level and may act like a resistance...
Vix may bounce off 200EMA 1H timeframe and shoot up like crazy again as seen on Monday
The mentioned level was also rejected twice last Friday trading day if you look at the charts
Good to short MES or ES at the same time when SPX price get rejected at tha...
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Royston1618
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At the beginning of 2022, the FED started the quantitative tightening policy. Since then, the stock market has gone all the way down without any hesitation. But a shocking plot twist happened in the first month of 2023. Almost everything went up crazily.
Some investors are benefiting from the upward trend. However, others with negative expectations might feel like taking a mighty punch right in their faces.
@Johnsh: Powell Pummeling Puts Visual $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
Some investors are benefiting from the upward trend. However, others with negative expectations might feel like taking a mighty punch right in their faces.
@Johnsh: Powell Pummeling Puts Visual $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$