The correction has not been convincing. Thus I assume that we may test the cloud now.
Dates in the future with the greatest probability for a price high or price low
Hello Fellow Traders, I have created a trading strategy on BankNifty based on Market Internals - Advance/Decline Volume and TICK These Market Internals, also known as Breadth Tools helps in identifying the overall market sentiment. Just doing some technical analysis on Price action doesn't provide good results. Price action along with Volume gives a meaningful...
Dates in the future with the greatest probability for a price high or price low
Dates in the future with the greatest probability for a price high or price low
Dates in the future with the greatest probability for a price high or price low
We fell through the Bollinger Band what is a bearish signal. But I have to be cautious due to the expiry date tomorrow.
ERIE's chart seems to work on overbought levels. The chart mark the levels where the RSI is overbought, and when it goes back to under 70. Using these as signals have worked well in the past; of course past performance is no guarantee of future results; and Implied Volatility is over 400% higher. OBV has stayed in its upper channel ( Bull ) 200sma is working as...
Hey there, please support this idea with your likes and follow me here on TV! Just as a quick update on Stocks. We are shortterm quite oversold on many indicators with longer term still more potential for further downside. SPY and many other stocks like TSLA are today on 9 BUY of the TI Indicator sequential! This is double 9 which means we already had a 9 and...
OANDA:EURJPY I'll be entering with a break and retest of the previous major lows drawn on the chart (new higher low) :)
The market is choppy but perhaps this little upward momentum will give us higher prices now.
Dates in the future with the highest probability for price direction reversals
DCO has a beautiful looking chart! It has been in an uptrend channel since the beginning of 2017. (check chart for more details) Earnings report trend are usually positive surprises, that have maintained the trend so far. ------- I would consider entering a position if we brake SMA(50) on a daily chart, with strong volume. (currently at $45.3) Have a great...
Hi there. In this video I talk about the OBV+ with option to turn Histogram mode. I also updated (D7R) ACC/DIST+ with same Histogram. These scripts are my two goto when I want have an extra look at volumes beside the just naked analysis. Get it both at
I'm not advocating the use of incomplete weekly candlesticks - BUT the 14 period Weekly RSI for Chevron (CVX) which makes up over 20% of the cap weighted S&P Energy ETF, has reached oversold territory for the 12th time in its history..
We have to retrace a long way down to correct the long rise of yesterday. We have just started and are holding well below the Bollinger Band at this time.