Amazon (AMZN), DJI, IXIC, SPX, XAUUSD, USOIL - December 23

23 Ara 2020

Hello?
Dear traders, nice to meet you.

"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.

-------------------------------------------------- -----

With volatility around December 24, it is supported at 3176.40, and it remains to be seen if it can break above the downtrend line (2).

Failure to break above the downtrend line (2) or (3) is expected to eventually drop to 300.91.

I think this is likely a sell that comes out of disappointment over the failure to break through.

So, check if you get support at 3008.91, and if it falls, you need a Stop Loss to preserve your profit and loss.

Looking at the wRSI_SR indicator, it is shown that the price is well defended amid a short-term downtrend.
With support at the 3176.40 point, if the trend reverses, it is expected to lead to further gains.

-------------------------------

(DJI 1D chart)

It started with a drop in the gap (30216.5-30200.2) and closed at -0.67%.
It remains to be seen if the index can be maintained above the 29933.8 point.

--------------------------------

(IXIC 1D chart)

It started with the gap (12742.5-12785.2) rising and closed at 0.51%.
We need to see if it can rise along the uptrend line (2).

----------------------------------

(SPX 1D chart)

It started with the gap (3694.9-3698.1) rising and closed at -0.21%.
We have to see if we can climb more than 3709.4 points to fill the previous gap.

------------------------------------

(XAUUSD 1D chart)

We have to see if we can get support and climb in the 1855.500-1871.828 range.

If it falls, it is expected to touch the uptrend line (4).
Also, if it rises, an attempt is expected to break through the downtrend line (6)-(5).

-------------------------------------

(USOIL 1D chart)

We need to see if we can get support at 45.76 and climb along the uptrend line (3).

It remains to be seen if the volatility around December 30 causes any movement outside the 42.76-49.17 range.

If you look at the big picture, it appears to converge between the uptrend line (2) and the downtrend line (1).

-------------------------------------------------- -------------------------------------------

** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** CCI-RC indicator is an indicator created by changing the set value from the existing CCI indicator. Therefore, the interpretation is the same as the existing CCI indicator.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)

GAP refers to the difference in prices that occurred when the stock market, CME and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)

23 Ara 2020

Not

(AAPL 1D chart)

The gap increased by more than 131.40 points.

If you get support at 131.40, you'll have to see if you can move up to 137.98 for a New High update.

The next volatility period is around December 30th.
At this point, you should watch for any movement that deviates from the 120.96-137.98 section.

If it falls at 119.21, you need a Stop Loss to preserve profit or loss.

23 Ara 2020

Not

(NIO 1D chart)

It remains to be seen if the volatility around December 22 will cause any movement outside the 44.56-53.51 range.

If it falls on the uptrend line (2) or between 37.71-39.75, a Stop Loss is required to preserve profit or loss.

23 Ara 2020

Not

(FCEL 1D chart)

We have to see if we can get support at 10.57 and break above 11.53.

If it falls between 9.38-9.86, it is a short-term Stop Loss.

If it is supported in the 5.54-8.52 section, an attempt to break through 11.53 is expected to continue.

(1W chart)

Climb above 11.53 and see if you can get off the floor.

23 Ara 2020

Not

(GE 1D chart)

We have to see if we can get support by climbing to the 10.88-11.34 range.
If it falls at 10.40, it is a short-term stop loss.

23 Ara 2020

Not

(MARA 1D chart)

The gap increased by more than 12.84 points.
We'll have to get support at 12.84 and see if we can climb above 15.40.
If it falls at 12.84, it is a short-term Stop Loss.
However, you can touch and climb the 11.50 gap point, so you need to trade carefully.

(1W chart)

We have to see if we can get support and climb at 12.84.
You'll have to climb to the 23.68-31.84 section and see if you can get off the bottom section.

23 Ara 2020

Not

(TSLA 1D chart)

We need to make sure we can get support at 627.95.
If you fall from 627.95, you can touch the 589.56-600.08 area, so you need to tread carefully.
Therefore, I think short-term Stop Loss is necessary.

The volatility around December 30th will have to see if there is any movement outside the 604.48-663.20 range.

23 Ara 2020

Not

(PLUG 1D chart)

It started with a gap increase and ended by breaking above the 34.90 point.
We have to see if we can get support at 34.90 and ascend above 38.90.

It may temporarily fill the gap between 32.37-34.41 and move higher, so careful trading is necessary.

(1W chart)

We have to see if we can get support and climb at the 34.90 point.
If it falls from the 27.0 point, a Stop Loss is needed to preserve profit and loss.