SP500 is in a strong bullish market with the formation of higher highs and higher lows. This means, the market has the potential to continue moving up after tapping the support level. The price at the support level is 5100. This is a strong support.

The ascending trendline is piercing nearby by the support after retesting, it can form a solid confluence. 

The retracement level of 61.8% is in confluence with the support level.

EMA 50 is also bullish and there is a high chance for the continuation upwards for the market.

RSI is at 67. It needs to be neutralized at the 50 level in order to align with the technical factors.

SP500 buys from support

EURUSD is still in a bullish strength with the formation of higher highs and higher lows. The support level priced at 1.0815 is the level from where we will go long and continue the till towards the resistance level. The market has formed the higher highs and higher low pattern, indicating the bullish trend towards the upper side.

The ascending trendline has broken out for sells but the market is still in the range. On the other side, we have a descending trendline which might be tapping at the resistance level with a rejection.

There is no retracement in this scenario as the market has a smaller length.

EMA 50 is still bullish and is anticipated at the retest of the support level, with the confluence.

RSI is at 53. It needs to be neutralized at the 50 level before it continues moving up.

Lets stack EURUSD buys

DJ30 is standinig at a support level priced at 38800 from where, a bullish price action if formed, can continue moving upwards also during the news of PCE. The market needs to retest this support level in order to reject and make another bullish impulse. The trend on the higher time frames is still higher highs and higher lows. 

The descending trendline is still pending for the breakout buy. Once that happens, the market will have another paveway for the confirmation upwards.

The EMA 50 is also testing the price action at the support complimenting the confluence of retracement and support region.

RSI is at 42. It would be better for RSI to fall towards the oversold region where the market can also form a bullish divergence for continuation upwards.

Bullish on DJ30

GBPJPY has created its years old high and themarket has tapped the 191 level from where the bearish price action can be formed and the market can continue moving down. The market has formed the lower lows and lower highs which mean that the market can fall further down. The 191 price is the area where the BOJ can intervene in its prices. Our earlier position is still running and we are going to stack further at the retest of 190.50

The ascending trendline is on the verge of breaking out from the trendline and inducing the sells.

The retracement level is at 61.8% which is in confluence with the resistance level.

The EMA 50 is still bullish and the market can touch this EMA 50 as a retest and we can book the profits here.

RSI is at 37. It needs to dwell towards the neutralized level of 50 in order to align with the technical parameters.

Lets stack GBPJPY at 190.50

EURUSD is still in a bullish strength with the formation of higher highs and higher lows. The support level priced at 1.0815 is the level from where we will go long and continue the till towards the resistance level. The market has formed the higher highs and higher low pattern, indicating the bullish trend towards the upper side. 

RSI is at 52. It needs to be neutralized at the 50 level before it continues moving up.

EURUSD buys from 1.0815

Gold just broke out of a support on a bearish trend from a higher time frame. The broken support was at h4. Once the market retests this, it means, there is a potential to further drop down. We are looking at lower lows and lower highs at the moment which indicate the downwards fall. The price for the shorts is at 2035.

The ascending wedge has been formed. Once the ascending trendline is broken out for sells, we can continue moving downwards after the breakout validation. The descending trendline has also retested the price action.

The retracement level of 6.8% has been tapped which indicate another confluence for the bearish impulse.

EMA 50 is still bullish. Once the market starts its impulse down, the EMA 50 can be broken out.

RSI is at 53. Once the market reaches the over bought region, the bearish divergence formed will push it down.

Gold stuck in a range for bearish impulse

GBPJPY has created its years old high and themarket has tapped the 191 level from where the bearish price action can be formed and the market can continue moving down. The market has formed the lower lows and lower highs which mean that the market can fall further down. The 191 price is the area where the BOJ can intervene in its prices.

The ascending trendline is on the verge of breaking out from the trendline and inducing the sells. 

There is no retracement level in this setup.

RSI is at 56. The oscillator will tap the over bought region where a bearish divergence can be formed and the market can continue with the confluence.

GBJPY sells from 191

DJ30 is retracing after forming and tapping its high towards the support level. This support level is priced at 38800, which is the premium level for the market to continue moving up after tapping. On all time frames, the market is on a higher high and higher low spectrum which indicates, that the market can continue moving up further.

The trendline has formed a bearish flag patter but the ascending trendline still needs to tap and be retested at the trendline in order to continue moving up.

EMA 50 is also paving way at the support level where the confluence can be formed with the support and EMA 50 and also the ascending trendline.

RSI is at 46. It needs to dwell at the over sold region from where, the market can continue moving up in confluence with other factors.

DJ30 buys from 38800

EURUSD is still in a bullish strength with the formation of higher highs and higher lows. The support level priced at 1.0815 is the level from where we will go long and continue the till towards the resistance level. 

The ascending trendline might be retested before a parabolic move up.

RSI is at 60. It needs to be neutralized at the 50 level before it continues moving up.

EURUSD buys from support

Gold just broke out of a support on a bearish trend from a higher time frame. The broken support was at h4. Once the market retests this, it means, there is a potential to further drop down. We are looking at lower lows and lower highs at the moment which indicate the downwards fall.

The ascending wedge has been formed. Once the ascending trendline is broken out for sells, we can continue moving downwards after the breakout validation.

Gold potential sells

Tesla buys 193.75 from the support level will give us an impulse move towards the resistance level. The market is just resting at the support level and the impulse move up from creating the higher highs and higher lows will create a bullish trend. 

The descending trendline has broken out from the trendline. The ascending trendline is also testing the price action and creating a rejection. 

The shallow retracement is in confluence with the support level at the level of 61.8%. 

EMA 50 has broken out the price action from EMA 50 and the market retest will create the support level confluence.

RSI is at 55. It needs to neutralize at the 50 level in order to confluence with the technical factors.

Tesla buys from 193.75

Apple amongst the other Ai and tech giants, is bound to move further up from the price point of 181.5 This price is laying at the support level from where market can create another bullish impulse towards the higher side. We will closely monitor the price action at this support level. Any engulfing or bullish confirmation will give us a solid move up.

The descending trendline has broken out for buys and the price action is validating the buys. Another retest with the confluence of the support will move up the prices.

The big retracement level of 61.8% is in confluence with the support level. 

EMA 50 is also bearish. An impulse move up will be the profit taking target at the retest of the EMA 50.

RSI is at 47. It needs to dwell towards the over sold region where a bullish divergence to confluence with the technical factors.

Vasl Capital

Vasl Capital

Mar 01 2024

SP500 buys from support

Vasl Capital

Mar 01 2024

Lets stack EURUSD buys

Vasl Capital

Feb 29 2024

Bullish on DJ30

Vasl Capital

Feb 29 2024

Lets stack GBPJPY at 190.50

Vasl Capital

Feb 28 2024

EURUSD buys from 1.0815

Vasl Capital

Feb 28 2024

Gold stuck in a range for bearish impulse

Vasl Capital

Feb 27 2024

GBJPY sells from 191

Vasl Capital

Feb 27 2024

DJ30 buys from 38800

Vasl Capital

Feb 26 2024

EURUSD buys from support

Vasl Capital

Feb 26 2024

Gold potential sells

Vasl Capital

Feb 22 2024

Tesla buys from 193.75

Vasl Capital

Feb 22 2024

Apple buys at 181.5