Using the FOMC tool, we see a:
25 basis points rate-cut --> 58.8%
NO rate-cut --> 41.2%
To get these rates:
Tomorrow's volatility will surely grow, even if the FOMC cuts rates; with these percentages, we can expect J. Powell to suggest no more cuts in the future.
You can also expect Trump...
Lets have a look at CGC - Canopy Growth Corporation
Points to consider
- A clear Triple Top
- Overall trend putting in higher highs
- Stoch in lower regions
- RSI coming into a tighter pattern
- Volume declining rapidly
- VPVR showing low volume of transactions after this support
- EMA's giving price resistance
CGC has had a strong bull...
2 Potential Gaps to be filled on the 1hr.
Did they make enough to bother coming back to fill?
Would like anyone else' opinion with history on futures, how often do these small gaps get closed? Is it likely?
The asset goes to the weekly channel.
I see a pattern that is drawn in red)
Mid channel pushed buyers away.
Let's go on the script.
If you look at the timeframe you can find a better entry point,
I would enter after the breakdown of the white border and put a stop flat abroad)
$TSLA has been rebounding for just over a month now, but is facing a pretty heady resistance line. Price action is lagging behind our model a bit, but if price can make it through the resistance we could see a huge rally as everyone who were doubters pile back in.
From the point of view of technical analysis on the daily time frame,
there is a continuation triangle moving up indicated by an arrow.
Something strong in the range of $ 180-177
when you exit the descending channel and fixing above it, you can say that the trend has reversed.
But against the background of the trade war between the States and China, they can spoil...
Confirmation/Entry: 124.46 (ideal) / 188.78 (early)
Invalidation: Local high
Target: Three targets on chart
Pattern: 1) Weekly bearish impulse with 2) break of weekly EMA50, and 3) death cross on daily.
0. Let me tell you in advance. There is no direction. The following is a strategy for chart patterns. Please note that patterns can break at any time.
1. Box 1, Box 2, Box 3, and Box 4 maintain similar patterns such as Eliot pulses (12345-ABC) and Triangular convergence in the process of creating C waves. The difference may be masked by whether it is upward...
Copper prices have just broken out of a support level of 2.8495, with the former resistance at 2.9750. The market has completed the advancing and distribution stages, and has just started the decline stage. I expect prices to tank further, as commodities are in large sell-offs these past weeks. The price is also forming a new downtrend, as it makes lower highs and...
Silver is set to follow it's long lost posh cousin, gold, on the sell-off. This is quite a risky trade considering the large pullbacks in the silver market. Plus there is the notion of entering a short when the market is already oversold. But we don't care about indicators, do we? Surely i entered a short trade on the last gold trade when the stochastic...