Skip to main content

Market Review


Dow 10 K again !! :) There are good chance market can push towards 1121.44, eventually.
In my trading system, in spider both hourly and daily chart is showing buy signal, which is generated in 105 level. While analysing VIX hourly is showing UP signal but daily still in down.

VIX is in low level, can be pushed down to teens. Need to be CAUTIOUS

Labels:

Popular posts from this blog

Tesla: Comprehensive Analysis

Tesla: Comprehensive Analysis Tesla: A Beacon of Innovation Tesla has undoubtedly established itself as one of the most innovative companies of our era. Since its inception, Tesla's journey has been marked by groundbreaking achievements and relentless pursuit of advancement in electric vehicles (EVs) and renewable energy. Spearheaded by Elon Musk, Tesla transformed the automotive industry by proving that EVs could be both desirable and practical. The company's flagship electric car, the Tesla Roadster, shattered the stereotype of electric vehicles being slow and uninteresting. Following this, models like the Model S, Model X, Model 3, and Model Y have consistently pushed the boundaries in terms of performance, range, and technology. Tesla's innovations extend beyond vehicles, with their advancements in battery technology, solar energy solutions like Solar Roof, and energy storage systems like Powerwall and Power...
Read more

AMD Technical Analysis

c AMD- December 2024 Current Price Trends and Short-Term Analysis Hourly Chart (Short-Term) The short-term trend for AMD on the hourly chart is currently down , indicating some immediate bearish momentum. However, there are early signs of a turnaround as the price edges up from $132 toward the $145 level. Significant resistance exists at $145 , which will act as a crucial test for further upward momentum. Until AMD decisively breaks this level, the price action is likely to remain choppy and sideways . Immediate-Term Outlook In the immediate term, AMD appears to be stabilizing and attempting to shift upward. The current price action suggests that the stock may oscillate within the range of $132 to $145 in the short term, building a base for a potential breakout. Key resistance levels are $145, $150, and $155. Medium-Term (Three-Month Daily Chart) Trend Overview On the three-month daily chart, AMD exhibit...
Read more

Illuminating the Future: A Comprehensive Analysis of Global X Lithium & Battery Tech ETF (LIT)

Illuminating the Future: Global X Lithium & Battery Tech ETF (LIT) Analysis Technical Analysis The current landscape of the Global X Lithium & Battery Tech ETF (LIT) presents an intriguing financial picture. Standing at $48.48, the ETF's price reflects a 38% retracement from its peak at $97.13. Tracing its journey since 2019, we see fluctuations ranging from $17.83 to $97.13. Currently, it balances precariously at a 38% retracement level. A deeper dive into the 5-year chart reveals a bullish flag pattern, suggesting a possible upswing in the foreseeable future. However, this optimism is tempered by the need for vigilant monitoring amidst the swirling currents of market volatility. In the short term, the ETF has hit a resistance point, indicating potential choppy movements ahead. The MACD indicator underscores this by showing a downward trend, with the FazDane Crossover of moving averages turning negative. This could h...
Read more