Market analysis and trading signals for the week
02/05/2025 – 28/04/2025
* Please note – changes to stock exchange operating hours for President’s Day starting tomorrow, Monday in the USA.
* Please note – this week on Wednesday at 9:00 PM, the Beige Book announcement will be published. It is recommended to be out of the market when economic announcements are published.
* Please note – changes to stock exchange operating hours on the occasion of Good Friday this coming Friday.
* Attention – we have moved to trading on December 2024 contracts. Symbol: ESM25, NQM25, YMM25, RTYM25 etc.
The week opened lower and on Wednesday jumped by a strong positive gap upwards. Finally, the market closed the week with an impressive increase of 239.75 points compared to the previous close at 5552.50 points.
Support lines on a weekly basis:
Support line: 5368.75?
Support line: 5250.25?
Support line: 5029.25!
Support line: 4869.00! – 4830.50
Resistance lines on a weekly level:
Resistance line: 5770.25?
Resistance line: 5854.75!
Resistance line: 5946.25?
Resistance line: 6049.50!
The ATR20 shows a movement of 227.79 points, an increase of 22 points from last week’s volatility.
In the decreases the daily fluctuation increases and at highs the daily fluctuation decreases. As a reminder, the annual average of the contract is 70.70 points.
Weekly tip – this is how a skilled trader trades calmly and confidently!
The market moves at its own pace and swings. Neither you nor I can tell the market what to do or how to do it.
In trading, there is uncertainty about what the future holds, even what will happen in seconds. Therefore, never tell the market what it should do.
But in my trading, I have certainty about what will happen in each and every trade, exactly!
I am prepared in advance for any situation. There are no surprises. I know how and what to do when the trade is in my favor or against me.
For me, this is not only about setting possible profit and loss targets. It is about being ready to react with additional forms of protection for the stop.
It is knowing how to switch to additional modules when managing trades.
If I entered according to support-resistance, then knowing how to protect with an additional contract, add correlation or switch to SPREAD trading on the price difference and not on the direction of market movement.
A skilled trader knows exactly how to manage trades no matter how the market moves and is a calm and confident trader!
Which group of people do you want to belong to?
Checklist:
It was a week that opened lower. But Tuesday reversed Monday’s decline.
On Wednesday, the market opened with a positive gap and made a significant jump upwards. Despite closing the day around the opening price, the market continued to rise on Thursday and last Friday and closed the week significantly higher.
As long as the market remains below 5600 points, the market will continue to stagger within the range of movement of the last three weeks.
A rapid rise at the beginning of the week beyond these prices could indicate a desire to recover some of the losses and perhaps reassure investors from a general sale.
For traders on a daily, intraday level, note that the volume is low and there are large gaps between buyers and sellers’ orders. Any market execution can be caught at prices you did not expect. Therefore, you should enter transactions only in areas where it is clear to you that the bull is stopping and high limit orders + critical levels in the DOM are added.
For those who don’t yet understand, knowing how to read the moves in the DOM trading window is very essential for understanding the market and making trading decisions.
The combination of trading on daily support and resistance levels + rapid response to correlation between the indices and taking advantage of price gaps that open between the indices, is exceptionally successful in creating opportunities for very safe profits.
*Trading with the trend:
Expect opportunities for long, when there is a confirmation of overlapping stochastic and DMI and the market reaches a price level of 4777.75 points in the price range up to a price of 5530.00 points.
Expect opportunities for short, when there is a confirmation of overlapping stochastic and DMI and the market reaches a price level of 6049.00 points in the price range up to a price level of 5854.00 points.
*Money management:
Support 1 contract Long at ? when there is a confirmation of overlapping stochastic and DMI.
Support 1 contract Long at ? When there is a confirmation of overlapping stochastic and DMI.
Support 1 contract Long at ! When there is a confirmation of overlapping stochastic and DMI.
Resistances respectively: Exit 1 contract at points, Exit 1 contract at points, Exit 1 contract at points, at the end of a trend or towards the end of the day.
Resistance 1 contract Short at ? (close to the market price) points when there is a confirmation of overlapping stochastic and DMI.
Resistance 1 contract Short at ? points when there is a confirmation of overlapping stochastic and DMI.
Resistance 1 contract Short at ! points when there is a confirmation of overlapping stochastic and DMI.
Respective supports: Exit 1 contract at points, Exit 1 contract at points, Exit 1 contract at points at the end of a trend or towards the end of the day.
* People who read the review were also interested in the GOLD Course.
* Buy and sell prices are based on a weekly forecast in advance. Decisions must be made on a daily basis each day, based on what the market did during the previous five days and the last day.
** Receiving a password for the demo software will be done by contacting Geva Gazit personally and with the approval of TransAct support.
*** Futures trading involves risk and is not suitable for everyone. The signals and reviews on this site are personal opinions and should not be considered as an automatic recommendation to perform any trade on the basis thereof. Responsibility for performance of trading positions is only by the trader.
Successfully,
Geva Gazit – CEO Geva International Trading
An active trader in futures contracts, a mentor, a coach and an amazing lecturer
