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spx long term channel working well..with negative divergence ooccuring...it looks we may shift gear in near term

Friends A quick note here on a pattern vs. system conflict, where a Bullish Bat is eyeing 1.0543/1.05441 as a standard PRZ, versus a 105260 target generated through our system - caveat here is that our target is based on an EARLY bearish market reversal signal, which has YET to be confirmed. Overall, pattern and system agree on a high probability target, with a minor difference in the target value. Once a bearish market reversal confirmation occurs, we will validate that target accordingly. For the time being, 107471 should concern any bears if price was to BACA ("break above, close above") that level, and structural trader should take (bearish) heart if price was to break below 1.06413. Typically, once target is reached, our position vanishes, but counter-trend trader might be interested in taking reversed positions with a minimal 0.500-Fib target as a potential relief rally, which aligns perfectly well with Point-B of the Bullish Bat. OVERALL: Directional bias is bearish, but indicator shall remain marked as "Neutral" until independent confirmation posts a bearish market reversal confirmation, at which point, indicator will shift to "Short". Cheers, David Alcindor TradingView.com Moderator, Alias: 4xForecaster Predictive Analysis & Market Forecasting PS: If you liked the analysis, feel free to give it a "Thumb Up" and pass of a friendly referral to friends interested in occult market mathematics and hidden geometries. All targets generated are defined by non-price means, and confirmed by either proprietary patterns (Euclid, Janus, Great White, Deep Shark), or other well known patterns. However, we concentrate mainly on Shark, 5-0 and occasional Bats, to complement our predictive analysis and forecasting - Cheers, David Alcindor. ----------------------------------------------------- Get signals, analyses and forecasts on Twitter Alias: @4xForecaster ----------------------------------------------------- Disclaimer: Forecasts, analyses and directional opinions generated herein are for educational purposes only and are not trading recommendations. We trust that you will do your own due diligence first, then seek professional advice from a licensed professional, then enter the market at your own perils - David Alcindor - TradingView.com Alias: 4xForecaster

BB Squeeze on the US Dollar, watch for a breakout this spring or summer

www.stocksetups.com

Multiple rejection at support level within the overall sideways bias, a bullish trade with a very attractive risk-reward https://twitter.com/thefxchannel www.thefxchannel.com Trading Criteria: 1. Trades are taken in two units 2. First unit would be closed at first target 3. Stop loss is moved to breakeven 4. Second unit at second target 5. If 90 percent of first target is reached without triggering entry, trade is cancelled 6. Remember: Losses is a main part of the game

Friends, Just a quite word here on this major, to mention first how our predictive and forecasting strategic system was able to define a reversal (market at the time was expectedly bearish due to geopolitical development), and direction to the upside, as well as a series of targets, the first of which just got hit a moment ago. At this point, there is nothing to indicate problematic hindrance ahead as price makes its way to the second target. Note also that price also continues to follow the development of a potential bearish Wolfe Waves pattern, drawn in the bottom right WEEKLY frame. A 1-4 Line not drawn here (but coming up soon as price reaches targets and signals an early market reversal signal) will become the next item of interest. Cheers, David Alcindor TradingView.com Moderator, Alias: 4xForecaster Predictive Analysis & Market Forecasting ----------------------------------------------------- Get signals, analyses and forecasts on Twitter Alias: @4xForecaster ----------------------------------------------------- Disclaimer: Forecasts, analyses and directional opinions generated herein are for educational purposes only and are not trading recommendations. We trust that you will do your own due diligence first, then seek professional advice from a licensed professional, then enter the market at your own perils - David Alcindor - TradingView.com Alias: 4xForecaster

AAPL is trying again to break out of its current slump. The first attempt failed even though the 8 day crossed the 15. This second attempt is the same scenario. It is near resistance and the 8 day recently crossed the 15 again. Volume is low so keep stops tight if you are going long. I would think 527 a good short-term support for this possible push higher. 3/6 b4 close

Anytime a trader or investor looks at a stock chart they should look to see if the instrument is making a new high, or a lower high. Continuous lower highs are a good indicator that further weakness is ahead for the equity. Earlier today, the leading mining equipment company, Joy Global Inc (NYSE:JOY) reported earnings. The stock is trading higher by $1.91 to $57.73 a share. While this pop in the stock seems great in the near term the weekly and monthly charts are signaling a move lower. You see, the larger time frames have a series of lower highs on the chart beginning with the April 2011 top. Anytime a trader notices lower highs on a chart they must assume that the stock is ultimately going to trade lower before making a final bottom. According to my calculations, JOY stock has downside potential toward the $37.00 area before making a significant low. Now please understand, this does not mean the stock is going to decline today or even next week; the current chart pattern just tells us that the stock is ultimately going to trade lower. Therefore, as smart traders/investors we need to be prepared for that move. Other stocks in the mining equipment sector also have lower highs on the larger time frames, so this chart pattern is not specific to JOY only right now. Leading mining equipment stocks such as Deere & Company (NYSE:DE), and Caterpillar Inc (NYSE:CAT) are forming the same exact pattern on the larger time frame, these stocks are just as susceptible to lower prices in the months ahead. We will be taking positions in these stocks and more when the time is right. Members of our swing trading/investing Research Center will be alerted of this when it happens, and we will be trading these stocks live during the day in our Intra Day Stock Chat. Try out both services right now for 7 free no obligation days. Nicholas Santiago www.InTheMoneyStocks.com

Lear Corporation manufactures, assembles, and supplies automotive seating, electrical distribution systems, and related components primarily to original equipment manufacturers across the world. I watch for Unusual Options Activity and I saw a HUGE Call buyer of the June 90 Calls for $2.10. Then I looked and the Open Interest of this line was over 51,000. This means that a trader has the right but not obligation to buy 5.1 Million Shares of LEA at $90 between now and June. With an order that is this large and the stock only trades about 80,000 Shares in a day, this is a perfect time to get long LEA, but I did this through Call Options. However, a trader sets up well to the long side: The Trade: Buy LEA at $83.40 Stop Loss: $79.40 Target #1: $85.40 Target #2: $87.40 Target #3: $89.40 Target #4: $91.40 Once I get filled in target #2, if I want I can move my stop to breakeven.

Study: chartNice upside move, breaking the long term downtrend. It seems to have a history of a fast and furious bullish mover. However, the earnings are on Tuesday, March 18 and they are not looking pretty. The ere is plenty of rum for continuing the upside momentum until ER.

This is an update for this idea https://www.tradingview.com/v/V4E01wNB/ My last USDJPY idea https://www.tradingview.com/v/QQ4gtrWm/ The market has rallyed in 5 waves and the nature of the next move should decide if the market has completed xx or the first wave in wave 3. If 101.2 is taken out that would confirm that we have completed a wave xx and should see more downside to complete wave z in a triple correction. Follow all my demo trades at http://www.myfxbook.com/members/tlkemmy/demo/854232

Follow up to my previous analysis for EURAUD (https://www.tradingview.com/v/mQMppt3r) Price managed to make 3 bearish candles and broke the low of the previous bullish bar. If today's close is bearish, it would be good news for shorts. But if it forms a pinbar (reversing losses on ECB conf.) then we wait for more validation. Enter on a retest of the trend line (probably next week...?) or if price breaks the neckline then on a retest of the neckline. But I expect some bounce once price hits the neckline/support zone. 1.53628 will be a level to watch out for. Fib levels to act as partial profit booking. Today ECB review and on Friday we have RBA Gov. speech and NFP later, so tread with caution. Note: EURAUD shorts will work only on a weaker Euro, assuming RBA could talk down the Aussie again. Weekly charts, show a bearish engulfing candle being formed at the time of writing, if this continues, it adds weight to the short bias. I suppose EOD today will give further clues.

During our google chat this evening we took a look at the monthly US dollar index chart and where it may be heading into the fear cycle peak of Q3'17. 40 area looks very interesting...

Looks bullish as it is holding well in a wedge/bull flag pttn. & could b/o tomorrow w/ a tgt.#1=1400

I wrote a set-up in AAPL for a Short at $544.43 with a $556.21 Stop and I got picked apart for wanting to get Short AAPL. Well, the next day the stock rallied, but it could not get above the top of the Ichimoku Cloud. If I have a $12 stop then I have the following Targets: Target #1: 50% of the Stop: $538.43 Target #2: 100% of the Stop: $532.43 If I want I can then move my Stop to Breakeven Target #3: 150% of the Stop: $528.43 Target #4: 200% of the Stop: $522.43 Once ALL targets, its time to ring the cash register and buy an Ipad, but another winner with www.keeneonthemarket.com

I drew a "M" pattern using the Ichimoku Cloud on the 4 hour Bar and I think that the $EUR/USD could break to the upside and test old Resistance which is now the new support at 1.35582. The EUR/USD was in a clear Bull channel, but then the channel broke. It has now moved sideways, but I think that it could be about to break to the downside. If the EUR/USD break 1.37, then I think it could sell off 150 Pips in a hurry and not find buyers. I am looking to Short it until I see the break on the downside on my "M" pattern. Thanks and for more ideas check me out at www.keeneonthemarket.com