4/10000, Dec 14 2022, Trading Series

1. DXY
snapshot
DXY yesterday fell below the preset stop of 104.5, triggering long liquidation.
The long term trend remains dominated by the strength of the bears, and in the short term the strength of the price rally has been weaker than expected.
Prices are currently oscillating at key support levels in the long cycle and may be moving out of both trends A and B.
snapshot
In the long cycle, you can see the shape of the top of the head and shoulders forming, and either A or B does not affect the bear trend
Trend A is conducive to the high position of short orders, while trend B can expand the current sustained profit of short orders
I would increase short orders at key turning points after A or B moves have been made

2. BTC
snapshot
From a short time period, the market is in the stage of shock upward, and there is a jump up the chip concentration area,
Prices have now completed the jump, starting to form a second period of rising prices cycle
snapshot
According to the trend line generated by MACD, it can be seen that there is no significant divergence between prices and indicators, and there is still room for upward movement.
However, there is little positive correlation between the trend of price and index, and the upward space is limited. At the same time, the upper part faces the pressure level generated by the obvious chip concentration area.
If it keeps going up, the market is going to do what A does
snapshot
If the price falls into the short-cycle chip concentration area and rebounds again without exceeding the long-term pressure level, the short-term price rebound will end, ushering in the decline of the long-cycle chip concentration area.
snapshot
In the short term, the development of A is more likely. After A faces the pressure level, the MACD trend formed by two sharp declines has deviated from the price trend in the long term. There is a higher chance of producing a C run.
snapshot

3. SPX
snapshot
Although affected by some factors, the opening price was high yesterday, but it still did not break through the key pressure level, nor did it enter the last cycle of chip concentration area, and the price continued to fall after the high opening.
snapshot
If the price is stable at the support level, it may form the trend of A, which will extend the short-term bullish trend and change the trend to break the long-term trend
snapshot
It is also possible to form a trend of B and fail to break through the key pressure level and continue to oscillate in the area of chip concentration in a long period.
snapshot
In the long run, the MACD's key indicators and prices have not diverged and the downtrend will continue, so it is less likely to produce A move and break the current trend.
A new chip concentration area is being formed. After the shock of the chip concentration area is completed, the trend of C will be formed.




Chart PatternsHarmonic PatternsTrend Analysis

Również na:

Powiązane publikacje

Wyłączenie odpowiedzialności