as discussed previously, above 11650 BTC took a quick rally of 100+ points, it is still in buy pullback mode so don't miss out.
Breakout of triangle patterns give short or long signals...
Well my 200 week band model called for a top into 3332 to 3334 high 3337.77 this morning drop is now wave 4 from oct low and will now see a target of 3410 to 3408 to mark the cycle peak for the first quarter into feb 8 to 11 now /I have now moved to a 100% net long in premarket with the sp down 50 I will add a 10 % margin on this trade at 3228 area to...
how much steam does it have left
FMWO World Markets Near Term Outlook September 13th This index only prints End of Day on Tv. But it's still useful for a birds eye view of world markets. It was meant to bounce from the lowest parallel. Thankfully for world markets it has done. It should rally back to the 6287 line and then, after a little consolidation, on to the old high at 6359, about...
DXY Dollar Index The dollar broke above the 95.53 line on Friday on DXY chart and surged to within 4 pips of the next line at 96.49 by the end of the day before halting. It's a little overbought and should come off from here back to retest the 95.53 line before rallying once again. At some point fairly soon it should go on to break above the 96.49 line and move...
Can it pull a quickie? Can it pull up to the 20 ema before the earnings kicks it back down? Can I reach enlightenment? Ehh let's find out!
WTI USOIL This has come back to test the support line at 66.48 and then flipped wildly all afternoon. It finally looks to be stabilising where it should and is a buy again with stops below 66.47
Bitcoin Bitstamp Update After the break higher Bitcoin has spent the night consolidating recent gains. It's a buy again once the dynamic from the overhight high has been broken above with stops below the 9224 line when the dynamic is broken above. Until then Bitcoin is still in consolidating mode and moving sideways to unwind using the 9175 line as support as...
Remember the Silent Planet? I promissed to repost, and here we are! Under 2650 was a good reentry i gess. I will wait breakout in 3000 to buy a bit more. No music for this one, because its just a repost of the last Mercury idea... Don't cry, fellas! TPs: TP1 - 3240 TP2 - 3450 TP3 - 3680 TP4 - 3940 TP5 - 4200 Fibbos 23.6 (3685) and 38.2 (4830) are very...
Bitcoin: BTCUSD Breakout to upside today is very bullish. Bitcoin bulls are back in control. Look to follow the break and buy the next dip if not already long.
S&P 500 Index SPX This chart shows an island reversal at the top, created by the first exhaustion gap atth etop of the chart, followed by a continuation or breakaway gap which led into yesterday's waterfall decline. we wer e looking for a decline to 2607 - the low was 2593, some 14 points out. Close but no cigar. As with the Dow this index has collapsed 10%...
Dow Jones Industrial Average DJI Back to buying the dips Yesterday the Dow completed a 10% drop from the high (10% off the top is 23956, the low was 23923.8, just 0.5 of one point from the support line at 23924. An 11% drop would be 23690 - there is another fixed support line at 23613, just 77 points lower. This line line should be the limit of any further...