Wednesday, 1 February 2023

FTSE 100 Index: Cloud Chart Rebound rally up by +1000 points, now at risk of consolidating towards 7589/7291 & 7236!

 FTSE 100 Index: Cloud Chart (CC) Rebound rally up by more than +1000 points, now at risk of consolidating towards 7589/7291 & 7236!

The Q4 and January rally in the FTSE100 index is now getting closer to a major resistance level of 7903 zone" There is downside consolidation risk back down to the 7589 TL of the CC, as well as 7291 the STD line  and the front end CC support zone at 7236 if this resistance level holds at 7903!

 Expect February seasonal weakness to drive part of the downside consolidation! But so far it been a great few with a CC swing trade.




Tuesday, 31 January 2023

TSLA: 60%+ Rebound rally reached the Cloud Chart Resistance $179 Target Zone. Consolidation Risk: 152/141 and 131!

 TSLA:  60%+ Rebound rally reached the Cloud Chart  (CC) Resistance $179  Target Zone. Consolidation Risk:  152/141 and 131! 

Need to see a breakout past the top end CC resistance zone (179) to change the outlook from bearish to bullish on the CC. There is downside consolidation risk towards the bottom end and front end CC support zones 152/131! Swing trade opportunity when TSLA tests the STD line of the cloud as well as the TL of the cloud. As long as TSLA can remain above the bottom end of the CC support zone there might be a new bull rally emerging on the daily CC. 


The weekly CC show the 179 front end Cloud Chart resistance zone.  Can see a rebound if support comes in at the TL of the CC at 146! Upside resistance targets are 179 then 208 (STD line of the CC) and then the top end of the CC at 243! Downside risk on the weekly is around the 128 zone another support zone on the daily CC. Looking for rebound swing trades from key CC support zones towards the key CC resistance zones!






Monday, 30 January 2023

Nasdaq Composite Index: Rebound rally running into old Cloud Chart resistance zone! Need to see a breakout past the 11683/11814 resistance zones!

 Nasdaq Composite Index: Rebound rally running into old Cloud Chart (CC)  resistance zone! Need to see a breakout past the 11683/11814 resistance zones! 

IXIC index rebounded more than 10% since finding support at the old CC support zone of 10262! The index pulled back after hitting the Standard line of the CC as well as getting closer to an old support zone that is now a new resistance zone on the CC  of between 11683/11814! Need to see a breakout past these levels towards the bottom end CC resistance zone! Reversal risk remain high at these key resistance zones!



The daily IXIC Cloud Chart (CC)  is in better shape since price action is above the cloud and that is bullish. Consolidation risk down towards the top end of the front end of the cloud remain a key risk factor in this rally. Key support levels to keep an eye on : 11177/10802! Trading strategy is to swing trade support rebounds towards key Cloud Chart resistance zones! 







 

Thursday, 26 January 2023

TSLA Cloud Chart Support Rebound rally up +31% after hitting support around the $109.95 zone! Next resistance zones to test: 150/161 and 179!

 TSLA Cloud Chart Support Rebound rally up +31% after hitting support around the $109 zone! Next resistance zones to test: 150/161 and 179 if support holds.  So far so good. 



Key risk factor to keep an eye on is that TSLA must remain above the monthly Cloud Chart support zone to be bullish on the monthly chart. $91 remains a downside risk target if support fails!


So far both daily and weekly Cloud Charts are still bearish since price action is below the Cloud and the Cloud acts as resistance on the D & W charts. Swing trade strategies are the rebound trades from Cloud support zones  back up to the bottom end of the D & W Cloud charts resistance zones!


For any long-term positions TSLA needs to trade back above the top end of the Cloud to be bullish! Trading strategy : Just the swing trades from support to resistance at the bottom end of the Cloud Chart. Quick and cheerful trades!




Tuesday, 24 January 2023

Nasdaq 100 Futures: Rebound rally going well after the AI generated volatility trades on the 4H chart! +1344 total points.

 Nasdaq 100 Futures: Rebound rally going well after the AI generated volatility trades on the 4H chart! +1344 total points (834+510). Winning with AI! 






Monday, 23 January 2023

Xetra Dax Index Futures: Two great AI generated Swing Trades on the 4H Charts = +1200 points!

 Xetra Dax Index Futures: Two great AI generated Swing Trades on the 4H Charts = +1200 points! 

Winning with AI! 



S&P500 EMINI Futures Trade: Two great AI generated trades on the S&P500 index!

 S&P500 EMINI Futures Trade: Two great AI generated trades on the S&P500 index! 

Two great AI (artificial intelligence) generated trades, swing trade and a volatility breakout trade on the 4H chart! Wining with AI!