EDGE OF TRADING

NASDAQ is reaching a strong resistance of 16060 and a critical one for an extension higher. After a bounce from 14200, we have a strong upside month reaching the critical resistance mentioned. Breaking above or rejection will determine a future direction for the NASDAQ. If it sustains above 16060 then […]

DXY recently pulled back after the strong breakout higher above a previous strong long-term resistance of 103.800. After reaching the high of 107.100 we have seen a strong pullback from this level and now DXY is retesting a previously broken upside resistance. Breaking above or diving below will determine a […]

Ethereum (ETH), known not only as a versatile platform but also as a dynamic asset, has been catching the attention of crypto enthusiasts. Recent developments in the Ethereum market indicate the potential formation of a “higher low” pattern, hinting at a possible reversal in its price direction. Additionally, rising trading […]

In the world of commodities trading, few assets hold as much significance as WTI Oil. As a major benchmark for crude oil prices, WTI (West Texas Intermediate) is closely monitored by traders, investors, and analysts worldwide. Recent developments have brought attention to the market as WTI Oil tests a key […]

RUSSELL2000 is showing a continued upward trend long-term. The monthly chart shows that Russell2000 is testing a strong support of 1648. On the chart, you can see this month’s strong ongoing pullback from 1800 and a hold of that pullback should be strong at this swing bottom 1648 level if […]

  This is a free weekly market analysis of the XAUUSD. Key points of the support and resistance indicated.   Do you like the video? Register now for one-on-one mentoring and get access to everything!                   Related posts: No related posts.

AAPL is showing a continued upward trend, particularly in a long-term fifth wave. Investors and traders should take note of this development as it may present profitable opportunities. It’s important to analyze the market conditions, track historical data, and consider various indicators to make informed decisions. By doing so, investors […]

The monthly chart shows that SPY is holding a strong support of 419. On the chart, you can see this month’s strong ongoing pullback from 450 and a hold of that pullback in the support 419-429 zone. Only a break below 419 will tend to invalidate the upside extension in […]