Dow Closes Out Its Best Month Since 1976 But Fed Anticipation Will Throttle
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10/06/21 10:53
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I guess two top exchange here has made my trading experience seamless. Though the One Cliq Copy trading and the 3Commas Spot trading Bot features coupled with a user-friendly interface and Minimum fiat deposit got me glued to Bitget. -
By tradinglounge · Posted
Elliott Wave Analysis TradingLounge Daily Chart, 6 December 23, NEO/ U.S. dollar(NEOUSD) NEOUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Zigzag Position: Wave (B) Direction Next higher Degrees: Wave ((2)) of Impulse Wave Cancel invalid Level: 6.49 Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1)) NEO/ U.S. dollar(NEOUSD)Trading Strategy : The rally in wave (1) appears to have ended at the 15.46 level and the price is entering a correction period in wave (2), where the reversal of wave (2) is usually .50 or .618 x length. Wave (1) Therefore, Neo's trend is still up. The reversal is only short term to continue the wave (3). NEO/ U.S. dollar(NEOUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillators a Bullish Momentum. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : TradingLounge.com get trial here! Elliott Wave Analysis TradingLounge 4H Chart, 6 December 23, NEO/ U.S. dollar(NEOUSD) NEOUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Zigzag Position: Wave (B) Direction Next higher Degrees: Wave ((2)) of Impulse Wave Cancel invalid Level: 6.49 Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1)) NEO/ U.S. dollar(NEOUSD)Trading Strategy : The rally in wave (1) appears to have ended at the 15.46 level and the price is entering a correction period in wave (2), where the reversal of wave (2) is usually .50 or .618 x length. Wave (1) Therefore, Neo's trend is still up. The reversal is only short term to continue the wave (3). NEO/ U.S. dollar(NEOUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillators a Bullish Momentum. -
By tradinglounge · Posted
Commodities Market Trading Report - Technical Analysis Elliott Wave, Trading Levels and Trading Strategies Content: Bitcoin, US Bond Yields, USD, DXY, US Gold XAU, GDX, Silver XAG, Gold Stocks, Iron Ore, Copper, Uranium, Crude Oil, Natural Gas. Commodities Market Summary: Gold and Silver Wave (b) of ii). TLT Bonds Wave 1. 10 yr. Yields Wave 1. USD DXY Support on 104 with a Classic TradingLevels pattern would see further upside, if not then down for Wave v) of 1 - it’s a bit of wait and see. Energy markets continue to trend lower but expect support sooner rather than later. And base metals, we have Iron Ore and Uranium holding trends to the upside and Copper has three waves up, let’s see if it can create five waves as an impulse wave or just fail from here based on the three waves up. Video Chapters 00:00 Bitcoin (BTC) Ether ETHUSD 01.30 US Dollar Index, DXY 04:07 TLT Bonds. US Gov Bonds 10 Yr Yields 05:36 Precious Metals: Spot Gold / US Spot Silver / XGD and Gold Stocks US / ASX 09:06 Base Metals: XME ETF, Iron Ore, Copper. Uranium URA. 12:54 Energy: XLE ETF / Crude Oil / Natural Gas 20:50 End Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge.com Access Trial here
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