Major trend is still bullish, but don´t be overconfident.
There's a lot of choppiness, but if 1750 holds, we still see more upside.
Price action is very choppy, but my main count could lead to new highs on a 5 wave count (maybe an ending diagonal).
All relevant info on the chart. Parcial profit targets also marked.
It´s all on the chart
Analysis and targets are on the chart.
Nice textbook Elliott Wave pattern forming. It's all on the chart.
Chart says it all...
I really hope this is not what happens, but it is a scenario that should be considered in your risk analysis based on last week´s candle.
It´s all on the chart...
All is explained on the chart...
Looking for a short trade on $ABT. Chart is self-explanatory (I hope). Wait for reversal clues between 66.5 and 67 levels before trading, since this is a counter-trend idea.
As per my EW count, we are beginning W-5 that should take us at least to the 1.87 - 1.90 region. We are currently undergoing W-2 correction, that has a confluence to finish in the 1.845 to 1.85 range. 3 confluence factors: 50% - 61.8% retracement from W1 123% - 161% extension for smaller degree W-a to W-b Support in the 1.85 level I´ll be waiting for...
The DJI / US30USD is testing a major bullish trendline, which coincides with major support @ 23k. RSI, MACD & Stochastics are all entering oversold territory. Daily candles have also distanced too far from the 200 MA. Too early to say if we've touched bottom, but with the confluence above we should at least expect a short term bounce. Initial target is the...