Looking at the SPX500 Futures: 1. Looks like we could be at the top of a Dead Cat Bounce 2. If this is not the top, a potential tap off the 200 EMA would be where I would expect it to dump Fundamentally due to covid and the world being under house arrest, I would not expect markets to continue to rally and I am bearish as you can be on a Macro...
hey guys, what a bullish breakout of 113.0 level on CAT. now the price is retesting the broken level and resistance turned to support. I expect a bullish reaction from the underlined level. Targets: 129.0 139.0
As seen there is a historical low resistance level @3123.7, and a fibonacci ratio of 0.382 @3091.265 I've tried to draw the small bullish trendline which will be colliding with these very soon. This might indicate an end of this short term increase and a fallback to the bearish trend known as the CoVid19 crash or atleast a long term battle trying to break through...
NYSE:CAT CAT - At Breaking Point? #Caterpillar $CAT #SuperSimpleCharts
NYSE:CAT $CAT Caterpillar #SuperSimpleCharts
NYSE:CAT $GOLD CURRENCYCOM:GOLD #SuperSimpleCharts #Caterpillar #Mining #Gold $CAT
Whales dump it to 2019 as a joke, then start the DCB. stoploss in place. *Not financial advice.
Analysis on BTCUSD with the pattern Inverted Dead Cat Bounce, that happens after a Dead Cat Bounce. Price rises more than 15% in one day after a downtrend, showing a 4 weeks possible scenario. At the end of this period, there would have some opportunities to buy again. Sell on the 1-2 day of the event. A White Spinning Top candle pattern appeared at the start of...
Reached 250 faster than anyone anticipated and it's not looking good at all, 213 would be the last point of resistance if this continues to go down then we'll reach "DEATH" point. 234 is the next mid point and may bounce but if it doesn't hold then goodbye. uc.
This sudden highly volatile upward surge doesn't bode well long-term, imo.
classic harmonic long trade on CAT stock. reason: completed harmonic bullish abcd pattern, a horizontal structure on the left, rsi divergence & fib. confluence. I expect a bullish continuation these during the next few days. Target level 130.0
Dates in the future with the highest probability for price direction reversals
Hello! There will likely be a relief bounce somewhere around $3050.00 on $ES_F as that is around the level where the 200SMA intersects with a long-ish term trendline.
So I have shorted the S&P on the 4 hour due to this pattern: Very nice break, and as you can see on the 4 hour we have YET to make a lower high swing in this downtrend move. Trends are composed of multiple swings. I do like what I see on the daily chart. When an instrument has moved down close to 3% in a day, it is likely over extended. I can see a bounce...
Entry @ 136.73 Stop @ 140 and Take Profit @ 129. 30 shares. Max loss is $98.1 max profit will be at least double that if it breaks support at 129 I'll add to it and hold for another $3. 98.1 is less 0.981% capital less than 1%. Good Risk and reward. Reasons for the trade - Divergence from Range previous to the breakdown as the reversal began that's 1+...
$CAT right at VPOC (volume Point of Control). Caterpillar Inc. is scheduled to report fourth-quarter 2019 results on Jan 31, before the opening bell.
I'm shorting cat with a stop loss at 1% @ 147.60 it may continue a bit lower my target exit will be 144.60 with my entry at 146.60. Making 2% if it passes the 50 MA I may add and continue holding for a few more % points. Divergence on RSI could move lower, however it may still bounce at 50 MA. Earnings Jan 31, I will exit before then.
As you can see MATIC experienced a severe drop to the upward trend line but then rebounded ~100%, dead cat bounces are a great way for swing traders too make money if they are paying attention..