Posts

US stock INDY

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  US stock INDY (iShares India50 ETF) is showing signs of Support at June 4th lows. Current RED signal since Dec 17th still in play :) Note::  INDY is an ETF that tracks the performance of the top 50 Indian companies, similar to the NIFTY 50. However, their correlation is not perfect due to several factors. DM for full details. Last Post dated Jan 14th here:: https://algobigfootprints.blogspot.com/2025/01/nifty-futures-trading-using.html This is for educational purposes only. Always use stop-losses when trading and fully understand the risks involved. Only trade with capital you can afford to lose, and ensure that your financial obligations and personal well-being are not at risk. -------- πŸ“Œ DISCLAIMER The content provided in this post, including analysis, ALGOMETATRENDS Signals (and associated colors), MetaMarker values, and Tradeable BIGfootprints, is subject to change at any time without prior notice. These elements are dynamic and based on real-time price action. Thi...

Gold Respects the Swing Target Zone—For Now

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 There is ongoing discussion about an "All-Time High (ATH) and Beyond" scenario. Left Chart (Daily) Gold has made three notable attempts to break above the Target Zone high at 2887.2 , but each attempt has failed to secure a close above this level. The key question now: What comes next? Right Chart Illustrates price movement within the Target Zone—offering insights into internal market dynamics. Key Outlook If gold fails to close above 2887.2 , a pullback is likely to follow, allowing the market to consolidate and regain momentum. This could set the stage for either another breakout attempt or a deeper retracement. As always, market behavior remains consistent in its cyclical nature. This is for educational purposes only. Always use stop-losses when trading and fully understand the risks involved. Only trade with capital you can afford to lose, and ensure that your financial obligations and personal well-being are not at risk. -------- πŸ“Œ DISCLAIMER The content provided in th...

Gold is approaching critical levels

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  Gold is approaching critical levels. If holding a long position, caution is advised. Failure to break above the October 2024 high of 2,853.5 could lead to a significant pullback. A move beyond 2,853, up to 2,887, may indicate a potential bull trap. See Daily Chart under. Break above 2853 - 2887 Zone targets 3000 and higher :) The internal swing targets have been met, as outlined in the earlier posts in Blog. For additional insights, visit: BIGfootprints Institutions and Big Players: The Key Market Drivers https://algobigfootprints.blogspot.com/2024/11/institutions-and-big-players-are-ones.html No further analysis required." This is for educational purposes only. Always use stop-losses when trading and fully understand the risks involved. Only trade with capital you can afford to lose, and ensure that your financial obligations and personal well-being are not at risk. -------- πŸ“Œ DISCLAIMER The content provided in this post, including analysis, ALGOMETATRENDS Signals (and associa...

DeepSeek turned out to be a DeepFake in the markets!

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I ndicies took a hit as DeepSeek turned out to be a DeepFake in the markets! As Mr. T might put it: Last night’s shakeout was the best mankind has ever witnessed! πŸ˜„ DOW : As illustrated in the BIGfootprints chart below, this shake out wasn’t a game-changer, as the trend remains intact (green background), albeit on uncertain footing. The LONG signal triggered at 42,300 has been nothing short of stellar—now 2,300 ITM. These are trends to treasure in the volatile and uncertain times we find ourselves in. Stay focused and stay blessed. Awaiting confirmation or reversal signals... The FALSE FALSE indicators at the top left are currently out of alignment, as you may have noticed. For further insights, visit: BIGfootprints https://algobigfootprints.blogspot.com/2024/11/institutions-and-big-players-are-ones.html No analysis necessary. This is for educational pur poses only. Always use stop-losses when trading and fully understand the risks involved. Only trade with capital you can afford to l...

Gold Lustre: A Strategic Inflation Hedge

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Gold has been striving to recover from the sharp initial decline following the election. However, it has recently underperformed as a reliable hedge against inflationary pressures, despite achieving new all-time highs just five days prior to election day. This performance is particularly noteworthy given the prominence of inflation as a key issue in the election rhetoric. The chart below illustrates the tradable swings observed since the initial drop on November 5 and November 14. The recent rally from 2640, beginning January 7, 2025, targets the Green Zone , which aligns with the 88.6% retracement of the decline from the all-time high (ATH) on October 30. If gold respects the Green Zone and reverses downward, it is likely to approach the Red Zone target on the daily chart, between 2404 and 2495. Conversely, a breakout above the October ATH would necessitate a reassessment, with a potential upward trajectory toward the 3000 level. Time will reveal the market's direction. For now,...

TSLA drops as Elon Joins the T Inauguration Dance Celebration

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TSLA experienced a short-term sell-off trigger on Friday after 3 PM, which continued into Monday morning until approximately 10:26 AM, resulting in a decline of approximately $25, with a low at $406.31.  The financial magnitude of this movement likely represents billions of dollars in value. However, the exact figure remains known only to Elon Musk, who is unlikely to disclose it—a reflection of the unpredictable nature of the market. It is prudent to navigate the current shifts in the political landscape with caution. Avoid unnecessary exposure to short-term volatility, as engaging in such uncertainty may lead to undesirable outcomes. For further insights, visit:  BIGfootprints No analysis necessary. This is for educational purposes only. Always use stop-losses when trading and fully understand the risks involved. Only trade with capital you can afford to lose, and ensure that your financial obligations and personal well-being are not at risk. -------- πŸ“Œ DISCLAIMER The conte...