Just getting back so I wanted to look at everything with fresh eyes. Some long term and some very short term ideas.
I hope you had great holidays and have a wonderful 2024!
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looks like it was a rejection started on Friday afternoon. Look for support at 4700 area....
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The dollar is finding support at the same line it did last time. Metals may come under pressure harder than SPX if this takes off.
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AAPL already almost to it's 18weekly ma. I expect tech should bounce, but it does look like a top has occurred on some of the bigger names.
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good morning, we're at 18ma support. this area "should" be a zone where the market gets some buyers, we'll see. A loss of the 18ma and the daily bias will turn down. Metals getting hammered today, they may have a swift move down if traders start to recognize the final move up as a false breakout, which is what it is looking like.
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GOLD -
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SILVER - I will do an update on the metals trade soon.
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IWM at major support area, but there's a large gap to fill right below. A pause here would make sense.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.