ATOS - Intraday - We look to Sell at 38.73 (stop at 41.72)
The medium term bias remains bearish. Trading within a Bearish Channel formation. A move lower has resulted in prices breaking from the previous range and confirmed our bearish expectation. The formation has a measured move target of 30.61. Further downside is expected although we prefer to set shorts...
I was not planning on posting anything, but I did not want to keep this gem (I found it yesterday) for myself. :)
Guarantees? ZERO... ;)
Disclaimer: as always, think for yourself and search the truth!
CAC40 joined it's a rally today with the rest of the equity markets. The index has managed to climb 10% in just 1 week from its low at the end of October. Nevertheless, the fundamentals look weak for Europe with the 2nd wave still in full swing. Look to short at 4950.00 or below if the resistance level holds.
📌 An update to the map for French Equities
By now we should have all positioned our portfolios defensively and be sure that in doing so by covering we are ensuring that our opponent will not try a steam roller!
Think back to the diagram and follow the flows....
We have a typical position...
Good morning receive a cordial greeting.
We show you the impressive Novacyt chart, you have at your disposal marked supports and resistances for your investment strategy. We are bullish and what do you think?
Sincerely L.E.D BE SAFE!
In Spain at 21/10/2020
📍 This diagram comes after the conversation with @lu1977hk, and is no more imaginative than the positional flows across the global equity board.
In Italian Equities the initial offensive targets for sellers come in at 18,466; 17,643 and 16,819 from a "fibs perspective". The connection of further downside in European and Global Equities is more or less the same...
📌 A short update on French Equities that are also full of dramatic events.
The nature of the down cycle came after the infamous leg we played to the topside and began profit taking. How to spot an early discovery of the flows?
The diagram clarifies the...
📌 Eurostoxx 50 is in question here and we have a good illustration of the ABC outpost. The main target 3,489 is still open for a test but a breakdown here will seal it for the year.
In a nutshell, this is a chart speculating that we are in the very early days of the "C" leg down.
It is the same opening move in play for German Equities, DAX:
The chart shows what I am thinking right now. I was not going to post anymore analyses because I felt they were not appreciated (just by looking at the likes and follows). However, I felt like I needed to share this just to see if I am onto something and not totally crazy. :)
I knew this upmove was coming and I am expecting AEX 615 for some time now....
This was the mid June spike low! My date was June 13 but I know it often comes a little earlier. Especially when the date falls in the weekend. ;)
So this morning at 536,50 I played a long position and just banked at 547. in 2,5 hours time. That is why time is so important, it makes me understand the moves way better and gives a huge edge in...
This time I show you signals that came from my system (which I do not show in this chart). The blue ones are signals generated from the system (hard data) while the orange one is based on my own experience/feeling for the market.
Not bad and as I have told you, a low will come in mid June. I did not expect the AEX to go this high in the beginning of...
As you all know, I believe the bearmarket has finally started since February 17 2020.
I have been thinking, for a few weeks, about the wave down of July 16 to Augustus 16 and the following wave up to October 12 2007. I really feel we will get a similar kind of follow up in the coming 2-3 years into 2022.
Timewise, the top should be very close. Our...
I still remain bearish for June, but we are still in the beginning of the month. I tried one short position that failed and since than I am just analyzing and waiting for a big signal that will accompany my bearish view.
For now, a big uptrend is in progress with a few positive reversals already (see the orange lines). These reversals come from the...