Zoom is finding support at 200 MA and its earning gap from back in august. The bounce the from the 200 MA the last 3 days showing decent volume coming in pointing to institutions stepping back in after 40%+ decline from ATHs. I think stock needs another couple of weeks of back and forth price action to build a solid bottom. For one, the 50 MA still slopping downwards and acting as resistance. On my watchlist to keep an eye on how things develops.... Read more

USDCHF Downside Small Correction then Upside again... Read more

Pound is starting to Lose momentum against a number of currencies..... Read more

EURUSD... Read more

EURGBP BUY... Read more

Take profits at Daily resistance= 48.91% if it breaks trendline Blue four hour SR lines Red daily SR lines Purple weekly SR lines White monthly SR lines dotted line = tested line Also do your own research, and always watch btc(D).... Read more

xagusd next move tell your feed back... Read more

Carrying on with the dollar strength, I expect silver to fall to the downside after pulling back to a 50/61.8% fib level following the corrective trend being broken.... Read more

EURUSD Upside Small Correction then downside again... Read more

Bitcoin hits strong support and is now making higher highs ... so it seems to me that the bears are no longer in control!!!... Read more

#ZRX UCTS 1D Buy signal confirmed as its crossing over ~1500 sats Volume not looking that strong yet, but still the bot on @3commas took the trade (12%+ up atm) https://cryptontez.medium.com/set-up-a-3commas-bot-with-ucts-indicator-ac4eb20ab035 Looking for a R/S flip at current level OR stronger volume as signal of continuation #ZRX... Read more

SRM has been rising gradually against USDT since the beginning of January. In addition to this, SRM price against BTC is about the move above 50 days moving average. Since BTC loosing dominance in the market, small cap alt coins such as SRM is expected to give insane gains in this bull market. The price will probably pass its ATM and we will be keeping eye on Fib levels to exit. Here is some Fibonacci levels where you can set your own target depending on your risk management. Current price =0.0000484 Fib 1 = 0.000329 Fib 1.618 = 0.000515 Fib = 2.618 = 0.000814 Useful Basic System: -Watch 7 days moving average. If daily candle closes below it, be more cautious. -If the price drops to below 20 days moving average and closes below it significantly, take your current profit and leave until it backs above it. Tips : -Always... Read more

long closed above 681.50... Read more

Breakout trendline.... Read more

test... Read more

You might think the stock market is really unpredictable and, for the most part, I'd agree with you. But when we get to options expiration week, there is a consistent theme that emerges nearly every month. The market makers are looking to steal you blind. Once per month, on the 3rd Friday of the each month, monthly options expire. Over the years, the tendency is for the stock market to rise during the middle part of most calendar months. Since 1950, the S&P 500's annualized return is as follows for each of the following calendar month periods:26th through 6th: +20.65%7th through 10th:...... Read more

Although the Indian equity markets extended its weekly gains, it showed first signs of impending broad consolidation as it spent much of the last three days correcting from the higher levels. The start to the week was buoyant; however, after marking the week's high at 14653, the NIFTY continued witnessing profit taking bout from each higher level it saw subsequently. The trading range did not expand much on either side, but the volatility did surge. Despite a volatile five days of trading, the headline Index NIFTY closed with net gains of 86.45 points (+0.60%) on a weekly basis.There is no...... Read more

Swish! It was another winning week for most of the stocks from my bi-weekly MEM Edge Report. In fact, over 74% of the Suggested Holdings from this report outperformed the broader markets, some doing so by a very wide margin.Today, I'm going to share with you some of the common characteristics of these winning stocks and, more importantly, quick ways that you can potentially identify and get in front of their big moves. This information is based on a proven system that was developed by famed investor, William O'Neil. For those not familiar, O'Neil was the founder of Investor's Business...... Read more

On Friday, three of the major indices gapped lower, ultimately closing negative for the week. The Russell 2000, although down on Friday, closed up on the week.With the media pointing to a slew of reasons for the price drop, like negative bank earnings, slow vaccination rates, fall in retail sales, rising wholesale prices and more, it becomes tough to discern where the market might go next. With that said, many of the points made are valid concerns for the economic future.Whether you want to try to buy the next dip or feel it is best to be wary of another major correction, the charts...... Read more

In this episode of StockCharts TV's The MEM Edge, Mary Ellen shares 2 groups that are turning after Biden's stimulus plan was released. She also reviews how to successfully trade stocks going into earnings season, as well as 1 major pocket of strength and how to capitalize.This video was originally recorded on January 15th, 2021. Click on the above image to watch on our dedicated MEM Edge page on StockCharts TV, or click this link to watch on YouTube.New episodes of The MEM Edge air Fridays at 6:30pm PT on StockCharts TV. You can view all...... Read more

The last three months have seen rising stock prices. What's especially encouraging is which sectors have led the market higher. Chart 1 plots the sector performance over those three months. The top five sectors have been energy, financials, materials, industrials, and consumer cyclicals. All five are economically-sensitive stock groups that do better in a stronger economy. At the same time, the three weakest sectors have been utilities, staples, and real estate. All three are defensive in nature.Rising commodity prices and rising bond yields may also explain some of that sector...... Read more

All of the stocks and ETFs in our 5 current portfolios are "drafted" in real time during our members-only events that we hold quarterly. I don't Monday Morning quarterback; I listen to what Wall Street is saying and stick with the themes that are driving big money.It's almost counterintuitive, because leading stocks are almost always overbought. Our mental composition many times won't allow us to pay more for a stock than we could have paid last week, month or quarter. So we try to convince ourselves that a stock is not worth the price that it currently trades. When it does finally pull...... Read more

FACT: If you investigate the skill sets of the top tier General Managers of your favorite pro sports league, you'll recognize uncanny parallels to the top tier traders described in the Market Wizard books. This is not a coincidence.Some 20 years ago, I discovered a breakthrough that sharpened my perspective on individual stocks and has contributed mightily to my long-term consistent profitability. I draft my stock portfolio in much the same way GMs draft players for their teams.In all sports arenas across the world, a recurring quote one hears is "just because that big name athlete is...... Read more

Back in early December, we discussed the three signals we would need to see to turn bullish on gold and gold stocks. Although the picture for gold turned more positive that month, a failure at resistance and a return below the 200-day moving average suggest further weakness may be in store for precious metals.The RSI level on gold may be one of the most important gauges of trend direction. After the August peak, gold pounded out a pattern of lower highs and lower lows while the RSI never reached much above the 60 level on bounces higher. This kept the RSI in a bearish range...... Read more

Relative Rotation Graphs, or RRGs, can help you get a better view of the big picture.One of the RRGs I often use to get a handle on international developments on stock markets around the world is to pull up the Relative Rotation Graph for international stock market indexes, as shown below.This chart shows the rotations for various international stock market indexes, using the Dow Jones Global index as the benchmark.A word of caution!!I know many of you like to trade ETFs, and that's all cool. In particular, if you want to benefit from performance in overseas markets, they are an easy way...... Read more