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Insights and thoughts of trading experts.

πŸ“ˆTechnical Analysis & Fundamental Analysis πŸ“ˆ
πŸ’°Signals & Investing Recommendations πŸ’°

βœ… Stocks
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#Forecast #INDEXES
NASDAQ (NAS100USD) Breakout of Major Channel & Bearish Outlook

hey guys,

NASDAQ has violated a support line of a major rising channel on 4H.
now the price retests the broken line and it will most likely trigger a strong selling reaction.

goals for sellers:
9350
9182

note that the structure high of February is now above and it serves as a key horizontal resistance.
it adds additional confidence in this forecast.

https://www.tradingview.com/chart/NAS100USD/Zpl45PT7-NASDAQ-NAS100USD-Breakout-of-Major-Channel-Bearish-Outlook/
#TradingPlan #INDEXES
DAX Index: How to Sell Wisely???

Dax index set a lower high today on 4H.
now the price on its way to 12160 - 12200 support cluster.

let's see the reaction of the market to that level.
bearish breakout (4H candle close below) of support will be a perfect trigger for us to short the market.


you can sell aggressively or on retest.

Target levels:
11914
11623

Stop:
12450
(if the market sets a new lower high again, you can adjust your stop to it)

in case of a bullish breakout of 12430, setup will be invalid.

https://www.tradingview.com/chart/DAX/UaOmmK6P-DAX-Index-How-to-Sell-Wisely/
#TradingPlan #STOCKS
BP PLC: Catching Bullish Continuation

BP is stuck on a key daily/4h structure resistance .

with a sequence of higher lows and formation of the ascending triangle formation, it looks like buying volumes are accumulating for a breakout.

wait for 4H candle close above the underlined area.

then buy aggressively or on pullback aiming at:
334.0
343.0

https://www.tradingview.com/chart/BP./EMdHvp2q-BP-PLC-Catching-Bullish-Continuation/
#Forecast #STOCKS
PROCTER & GAMBLE (PG) May Keep Growing

PG showed a positive reaction to a 116.0 daily/4h structure support .
the price formed a double bottom with higher low on 1H and yesterday it broke above a minor horizontal resistance.

it looks like the stock will keep growing.
the best strategy for us is to wait for a retest of the broken resistance to buy.


initial goal - 119.0

https://www.tradingview.com/chart/PG/pF3B2E10-PROCTER-GAMBLE-PG-May-Keep-Growing/
#Forecast #STOCKS
CATERPILLAR (CAT) Flag Breakout & Bullish Continuation

hey guys,

on a mid-term perspective caterpillar is trading in a bullish trend .
at the beginning of June, the correction started and for the last two weeks the price was steadily going down within a falling channel
but NOW it looks like the market is returning to a trend.

the price broke above a resistance line of a bullish flag formation.
the breakout is considered to be confirmed and we now can expect a further bullish continuation.

target levels:
128.8
131.5

https://www.tradingview.com/chart/CAT/jVc7kIqD-CATERPILLAR-CAT-Flag-Breakout-Bullish-Continuation/
#TradingPlan #STOCKS
LUKOIL (LKOH) Perfect Example of Accumulation

Lukoil is trading in a bullish trend .
for more than 1 month the price is consolidating within a wide horizontal trading range.

based on the preceding price action our bias is bullish here and we are waiting for a bullish violation of the range.
daily breakout will trigger a buying reaction and the price will most likely keep growing.

next goal will be 5800!

https://www.tradingview.com/chart/LKOH/3Gk7I2Wx-LUKOIL-LKOH-Perfect-Example-of-Accumulation/
#Forecast #STOCKS
BMW: Bearish Continuation & Short Trade

BMW has violated a rising parallel channel .
after that the price set a horizontal decision range and yesterday it was broken as well.

during today's trading session the price retested the 618 retracement of the last bearish leg,
showing a negative bearish reaction.

now bearish continuation is expected.

target levels:
57.15
56.0

https://www.tradingview.com/chart/BMW/PtIbU6Nj-BMW-Bearish-Continuation-Short-Trade/
#TradingPlan #INDEXES
S&P500 Index (SPY) Accumulation & Bullish Continuation

hey guys,

it looks like spy is preparing for a bullish continuation.
with a sequence of higher lows on a daily and weakening bearish retracements,
the price is one more time testing 3230 horizontal resistance.

being broken to the upside (daily candle close above) it will trigger a buying reaction and the market will start growing further.

next goals will be based on this winter's highs:
3325
3385


https://www.tradingview.com/chart/SPX500/9UxJES6n-S-P500-Index-SPY-Accumulation-Bullish-Continuation/