The Olympus Academy
The Olympus Academy
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I bought Hang Seng Index, here's why 🤔

Hello, good day traders! 👋🤙I'm currently in a buy📈 setup for $HSI(HSI)$ , with both fundamental and technical indicators to back it up.📰Fundamentally, Hong Kong stocks are up around 3% following reports that the city is considering relaxing the Covid rule. The Hang Seng index closed 3.38% higher at 19,450.23, while the Hang Seng Tech index gained 6.64%, bucking the trend in the rest of Asia-Pacific, which was weighed down by persistent recession fears 🤔On the technical front,1.) Looking at the H4 chart, I have a bullish bias for HSI with price above the Ichimoku cloud. I have entered a buy entry at 18235.48, where the previous swing low and 50% Fibonacci line are located.2.) My stop loss will be at 16829.00, slightly
I bought Hang Seng Index, here's why 🤔

Finally Showing You Hang Seng Index Monthly Buy Idea

Good day traders! We're looking at a potential buy setup for $HSI(HSI)$  And this is why: 1.) On the Monthly chart, the price has been in a descending trend since the beginning of January 2021. 2.) Look for a possible buy entry at 15566.81, where many Fibonacci lines intersect, as seen on the chart attached to this post. 3.) I'm hoping to play a reaction bounce on that area back up towards the 21497.42 level, which is where the 100% Fibonacci line and overall 50% Fibonacci line are placed. Is there anyone else who believes the same way? Trade Entry recommendations: Buy Entry: 15566.81 Take Profit: 21497.42 Stop Loss: 10676.29 Other tickers to recommend: For 5x Long Leverage: 
Finally Showing You Hang Seng Index Monthly Buy Idea

S&P500 decline following strong economic data 📉

Hello, good day traders! 👋🤙 I'm looking for a potential sell📉 setup for $S&P 500(.SPX)$ , with both fundamental and technical indicators to back it up. 📰Fundamentally, Stocks decline following strong economic data. Data indicate a robust labor market and quicker economic growth than previously believed. The last few weeks have seen choppy stock prices. The market has been affected by the Federal Reserve's announcement that it will keep raising interest rates to combat inflation as well as predictions of a recession in 2023. 🤔On the technical front, 1.) Looking at the H4 chart, my overall bias is bearish with the price below the Ichimoku cloud, indicating a bearish market. 2.) Price has tapped into my sell entry at
S&P500 decline following strong economic data 📉

Hang Seng Index to rise further? 📈 ( China ends quarantine )

Hello, good day traders! 👋🤙 I'm currently in a buy📈  setup for $HSI(HSI)$ , with both fundamental and technical indicators to back it up. ‌ 📰Fundamentally, China says it will end quarantine for inbound travelers on January 8, signaling the end of the country's nearly three-year-old zero-Covid policy. According to health officials, the country also downgraded Covid from its current top-level Category A to a less stringent Category B. ‌ 🤔On the technical front, 1.) Looking at the H4 chart, I have a bullish bias for HSI with price above the Ichimoku cloud, indicating a bullish market. I am looking for a possible buy stop entry at 19926.48, where the recent highs are located. 2.) My stop loss will be at 18885.20, where
Hang Seng Index to rise further? 📈 ( China ends quarantine )

Dow Jones Index : Upbeat earnings, strong consumer confidence data 📈📈📈

Hello good day fellow traders! I'm looking for a potential buy📈 setup for $DJIA(.DJI)$ , with both fundamental and technical indicators to back it up. 📰Fundamentally, Dow closes 500 points higher thanks to positive earnings and high consumer confidence numbers. Following positive earnings reports from two bellwether companies that gave investors hope that corporate earnings might be better than expected despite a potential recession, stocks surged on Wednesday, rising for a second day. Sam Stovall, chief investment strategist at CFRA Research, stated that "we got a little oversold and I think the market was looking for a reason to rally, and the Nike and FedEx number provided that." "However, I really wonder if this is s
Dow Jones Index : Upbeat earnings, strong consumer confidence data 📈📈📈

Has SPX bottomed out? Explained

We're looking at a potential sell setup for $S&P 500(.SPX)$ And here is why:1.) On the H4 chart, the price has already been in a descending trend since the peak of December 2022 to date2.) Price is now testing a key level at 3650.02 where the previous swing low in June sits- prices have fallen about 24% since Jan 20223.) There might be some potential pull back before a major break out but if bearish momentum continues, we're looking for the price to go further down to 3225 levels where the previous swing lows and 161.8% extension sit4.) With all the macro news about interest rate hikes and unemployment, businesses are definitely affected hence we're fundamentally looking at a further downside to SPXDoes anyone have a
Has SPX bottomed out? Explained

What Happened to BABA

Good day, traders!We're looking into a possible sell setup for $Alibaba(BABA)$ And this is why:1.) The price has been in an descending trend on the daily chart since the beginning of August 2020 to date.2.) The price is currently trading at a all time low since 2016 around the 80.99 levels3.) It's at the 127.2% Fibonacci extension where we might expect some reversal4.) But the overall fundamental and technical view is that prices of Alibaba might drop further if it breaks the current key support levelDoes anyone have a similar bearish view?Trade Entry recommendations:Sell Entry: 80.99Take Profit: 58.78Stop Loss: 102.81Other tickers to recommend:For 5x Long Leverage: 
What Happened to BABA

S&P500 going for a drop? 📉

Hello, good day traders! 👋🤙 I'm looking for a potential sell📉 setup for $S&P 500(.SPX)$ , with both fundamental and technical indicators to back it up. ‌ 📰Fundamentally, Stocks fell on Friday, adding to their year-end decline, as concerns about a potential recession rise as a result of the Federal Reserve's ongoing rate hikes. The indexes experienced losses for the second week in a row. The S&P 500 dropped 2.08% for the week, bringing its losses for December to 5.58% as expectations for a year-end rally faded. Following the Fed's 50 basis point interest rate increase on Wednesday, the highest rate in 15 years, stocks declined this week. The central bank announced that rates would continue to rise through 2023, re
S&P500 going for a drop? 📉

Hang Seng Index China's Covid Measures Relaxed! 📈📈📈

Hello, good day traders! 👋🤙 I'm currently in a buy📈  setup for $HSI(HSI)$ , with both fundamental and technical indicators to back it up. ‌ 📰Fundamentally, According to a report from KGI Asia, Chinese stocks in Hong Kong are likely to rise next year thanks to a triple boost from looser Covid-19 curbs, expanding economic stimulus, and a peak in US interest rates. In its worst-case scenario, according to the broker, the Hang Seng Index will rise to 21,100 points in 2023, with benchmark stocks costing 10.3 times corporate earnings. That suggests a gain of 8.4%. The index's best-case scenario calls for a 20% increase to 23,300 points. Through 2023, the economy will be significantly impacted by how quickly China's pandemi
Hang Seng Index China's Covid Measures Relaxed! 📈📈📈

Buying the CapitaLandInvest dip Explained

Good day traders!We're looking at a potential buy setup for $CapitaLandInves(9CI.SI)$ And here is why:1.) The price has been in a descending trend on the daily chart since the beginning of April 2022 to date.2.) The price is about to test a key support area at 3.30, where it has rejected multiple times since 2021.3.) There may be some opportunities for a buy entry at the 3.19 level, which corresponds to the -61.8% Fibonacci expansion.4.) The Ascott Limited recently unveiled Citadines Brand Refresh To Prepare For Next Phase Of Accelerated Growth For Its Aparthotel Brand in September. CapitaLand is also being lauded for its successful restructuring at the Singapore Business Awards 2022.Does anyone have a similar bullish v
Buying the CapitaLandInvest dip Explained

Dow Jones Index Sells to follow 📉

Hello good day fellow traders! I'm looking for a potential sell📉 setup for $DJIA(.DJI)$ , with both fundamental and technical indicators to back it up. 📰Fundamentally, After Jobless Claims, the Dow Jones drops 700 points. The stock market threatened to add to Wednesday's Federal Reserve-fueled losses, as sellers pressured chip stocks on warnings of industry oversupply. According to the Labor Department, first-time jobless claims fell to 211,000 from 230,000 the previous week. 🤔On the technical front, 1.) Looking at the H4 chart, despite the fact that price is in a bullish uptrend, I'm looking to play the pullback with a sell entry. Looking for a pullback sell entry at 34106.01, where the previous high is. 2.) My stop l
Dow Jones Index Sells to follow 📉

Possible Dow Jones Index crash Is Here To Stay. Here's Why

Hello guys!I have a possible sell setup for you guys for $DJIA(.DJI)$ on the H4 chart.Here is my detailed technical analysis:1.)On the H4 chart, the price is bearish in a downtrend. To add confluence to this, the price is below the Ichimoku cloud, which indicates a bear market.2.)Price has broken through a major resistance area at 29653.29 which is also the location where the 100% Fibonacci Projection line and previous swing low lie.3.)I am looking for the price to do a retracement back up towards the 23.6% Fibonacci retracement line for a sell entry at 30047.79.5.)To add to the confluence of this 23.6% Fibonacci line area, there is a market gap close between 30047.79 and 29955.65 which looks nice to be filled. This area of in
Possible Dow Jones Index crash Is Here To Stay. Here's Why

NDX going for a sell this week?

Good day traders! We're looking at a potential sell setup for $NASDAQ 100(NDX)$  And this is why: 1.) From the beginning of August 2022 to the present, the price has been in a descending trend on the H4 chart. 2.) Looking for a retracement sell entry at 11447.31 where the sell gap and -27.2% Fibonacci expansion line are located. 3.) Stop loss will be at 12062.52 where the 50% and 0% Fibonacci lines are. 4.) Take profit will be at 10408.41 where the 78.6% Fibonacci line and 127.2% Fibonacci extension lines are located. What are your thoughts on my idea? Trade Entry recommendations: Sell Entry: 11447.31 Take Profit: 10408.41 Stop Loss: 12062.52 Other tickers to recommend: For 5x Long Leverage: 
NDX going for a sell this week?

The Definitive Guide to SIA Potential Buy

Good day, traders!We're looking into a possible buy setup for $SINGAPORE AIRLINES LTD(C6L.SI)$ And this is why:1.) The price has been in an ascending trend on the daily chart since the beginning of August 2020 to date.2.) The price is about to move towards the 5.00 level, which corresponds to the 78.6% Fibonacci retracement line.3.) There are equal lows at the 5.07 level, which adds confluence to the buy that I am looking for. There is also a market gap to be filled, which is why I bought at the 5.03 level.4.) As the world accepts covid as the new norm and borders open, we can expect SIA's stock price to rise in the long run.Does anyone have a similar bullish view?Trade Entry recommendations:Sell Entry: 5.03Take Profit:
The Definitive Guide to SIA Potential Buy

S&P500 dips as growth stocks drag on 📉

Hello, good day traders! 👋🤙 I'm looking for a potential sell 📉 setup for $S&P 500(.SPX)$ , with both fundamental and technical indicators to back it up. ‌ 📰Fundamentally, Wall Street was mostly lower at the start of a holiday-shortened week, as investors weighed the prospect of prolonged restrictive Fed policy against China's relaxation of strict zero-COVID rules. Interest rate sensitive growth stocks weighed the most heavily, dragging down the tech-heavy Nasdaq the most. The S&P 500 joined the Nasdaq in the red, while the Dow was slightly green thanks to value stocks. ‌ 🤔On the technical front, 1.) Looking at the H4 chart, my overall bias is bearish with the price below the Ichimoku cloud, indicating a bea
S&P500 dips as growth stocks drag on 📉

The Expert's Guide to The NDX sell you have been waiting for

Good day traders! We're looking at a potential sell setup for $NASDAQ 100(NDX)$  And this is why: 1.) From the beginning of August 2022 to the present, the price has been in a descending trend on the Daily chart. 2.) There may be some opportunities for a sell entry at the 11439.38 level, which is the intersection of the -27.2% Fibonacci expansion line and the 23.6% Fibonacci line. 3.) Stop loss will be placed at 12062.52, slightly above where the 38.2% Fibonacci line is located. 4.) Take profit will be at 10408.41 where the 0.786 Fibonacci projection line and 127.2% Fibonacci extension line are. Is there anyone else who believes the same way? Trade Entry recommendations: Sell Entry: 11439.38 Take Profit: 10408.41 Stop Loss
The Expert's Guide to The NDX sell you have been waiting for

Hang Seng Index & China's stock connect scheme? 🤔

Hello, good day traders! 👋🤙 I'm currently in a buy📈  setup for $HSI(HSI)$ , with both fundamental and technical indicators to back it up. 📰Fundamentally, Hong Kong and mainland China to expand Stock Connect scheme Securities regulators announce an agreement that will expand the list of companies that are eligible. According to information released on Tuesday by mainland brokerage CICC, the change will increase the number of mainland stocks eligible for trading via the northbound link from the current 1,458 to approximately 2,516. ‌ 🤔On the technical front, 1.) Looking at the H4 chart, I have a bullish bias for HSI with price above the Ichimoku cloud, indicating a bullish market. I am looking for a possible buy entry
Hang Seng Index & China's stock connect scheme? 🤔

S&P500 Bears pulling up 🚗📉

Hello, good day traders! 👋🤙 I'm looking for a potential sell📉 setup for $S&P 500(.SPX)$ , with both fundamental and technical indicators to back it up. 📰Fundamentally, - Stocks fell to start the week as investors took a pause from last week’s big rally and digested a slew of corporate and economic news. - “This week marks a bit of an information lull for markets as we’re past the brunt of third quarter earnings season, past the end-of-month/start-of-month economic data deluge, the busy holiday season is about to start, and we’re a mere seven weeks away from 2023,” said Goldman Sachs’ Chris Hussey. - “But on the back of last Thursday’s encouraging CPI release, markets are contemplating the macro outlook, the possibilit
S&P500 Bears pulling up 🚗📉

S&P lined up for a perfect storm

Good day traders! We're looking at a potential sell setup for $S&P 500(.SPX)$  And this is why: 1.) On the H4 chart, the SPX is moving in a descending trend and moving below the ichimoku cloud signaling bearish momentum. 2.) Look for a possible breakout sell entry at 3639 levels where the key support sits 3.) Once level is broken we have a bearish confirmation to bring price down to 3465 levels where the 121.2% extension sits 4.) The stop loss will be set around 3805 around the 23.6% Fibonacci retracement. The take profit will be at 3464, corresponding to the 127.2% Fibonacci extension leveIs anyone else who believes the same way? Trade Entry recommendations: Sell Entry: 3639 Take Profit: 3464 Stop Loss: 3805 Other ti
S&P lined up for a perfect storm

S&P500 post FOMC sells 📉📉📉

Hello, good day traders! 👋🤙I'm looking for a potential sell 📉 setup for $S&P 500(.SPX)$ , with both fundamental and technical indicators to back it up.📰Fundamentally,- Stocks tumbled Wednesday after Federal Reserve Chair Jerome Powell said inflation was still too high and indicated that the central bank has more rate hiking ahead.- The Fed implemented another 0.75 percentage point rate increase Wednesday afternoon, and Powell said in a press conference that its inflation fight was far from done.- Dow closes 500 points lower, Nasdaq sheds 3%, S&P 500 dropped 2.5%🤔On the technical front,1.) Looking at the H4 chart, looking for a sell at 3805.83, where the 38.2% Fibonacci line and 50% Fibonacci lines are located
S&P500 post FOMC sells 📉📉📉

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