FMWO World Markets Near Term Outlook
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...
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!
TP1 - 3240
TP2 - 3450
TP3 - 3680
TP4 - 3940
TP5 - 4200
Fibbos 23.6 (3685) and 38.2 (4830) are very...
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...
it`s time to recall the past and take a look of that sweet "crash" we had.
Bitcoin is slowly waking up from unconsciousness and starts to pratice for the next marathon.
He obviously had a mental breakdown caused by the fame and need of society.
Yea.. I know we can`t really understand this. But every celebrity has to deal with this and it`s...
Bitcoin is breaking down and is likely to retest the lows - this
will bring down every Alt in its wake. Close out any longs and
consider getting short for retest of 551-546 at leat and more
likely 488-481 and possibly 447. Get liquid or short and be
ready to buy again when it's down on its lows again
Suggest selling ALL Alts ready to buy back...
BTG took over from BCH at around 11pm est - as BCH topped out BTG took on the baton and ran higher and higer for the
next 5 hours as BCH headed back south. The patterns are similar on both charts, both tracking within a series of
parallels, a sell off the top pair and and a buy off the lower pair. It's ahving a problem at 305 and looks like it has to...
This short back to 1178-1123 range was going OK until that horrible spike around 19.30 GMT which stopped us out for
rather sad 110 to 160 point profit when there was so much more downside left here. Still, we went long again at
1178-1123 range with a low at 1125 so no stops were hit in the final flush we were looking for. Sadly, have been so
caught up in...
Can buy this when it breaks out of the upper parallel
....14594 is holding...can buy off here with stop below by 20
points for small loss if wrong or when it breaks the upper
parallel ...try on 5 minut chart..will not upload less than 15