Centered Oscillators are leading indicators that oscillate above and below a midpoint and typically don't have an upper or lower limit. Because there is no range limit and these unbounded indicators can technically go as high or as low as they want, overbought and oversold conditions are not easy to find, though extreme readings are used in some strategies. These technical analysis tools each have a different internal logic and most (though not all) are used to gauge the strength or weakness of momentum.
DTX is the running average of the stock prices of twenty transportation corporations. A well-known gauge for future trend for the other US indices.
On Friday we were able to reserve a major signal giving rise to a new bear market. The upward momentum was now rejected twice.
UO indicator fell below 50 again, which can be regarded as a chance to go short on this...
Indicators point to a bounce off of low risk entry.
Look at all that sell volume that hits like a hammer - smells like opportunity. Hitting the strong support of 15.00 on dying volume. CCI, RSI and strong support are on favorable terms for a low risk long at this position. Banks love dumping those futures to acquire physical at the cheap.
Teledoc medical billing is crossing over the weekly MACD after recent drop. Entry point just over $63 on 618 Fibonacci Retracement.
Software + Medical billing.
Make own decisions and let me hear your opinion on this company. Total debt <$10 of Mkt Cap, no dividend, and healthcare through any mobile device.
TXN shows a cross-over on MACD at Fibonacci Retracement 0.500 and on 1 hr. chart likely having a short dip below $97 entry area. Recently increased their dividend nicely over last 5 years as well.
Been watching them invest in R&D and they have chips in growing markets for 5G, automotive, communication and industrial.
In the last 12 months, TXN has returned...
Real tight trading channel here, so I am watching it like a hawk. If it drops below the 2500 sat area I would expect this to sit at the most recent support in the 2100 range. If it can stay above 2500 and punch through the line of resistance drawn then I would expect to see a possible run to the 3300 range. Will be monitoring this one over the next week or so....
USOIL HAD A VERY SIGNIFICANT DROP IN PRICE IN THIS COMMODITY STARTING IN OCTOBER OF 2018. AS YOU CAN SEE OIL PRICES HAVE BEEN TRYING TO RECOVER BUT HAS BEEN A VERY WEAK ATTEMPT BY THE BUYERS. KEEP AN EYE ON THIS PAIR TO SEE IF THE SELLER MOMENTUM COMES BACK IN, PARTICULARLY AROUND THE 50-60% REST LEVELS. KEEP AN EYE OUT!
REMEMBER TO ALWAYS USE PROPER RISK IN...
All signs point bearish. MACD, RSI, Gann Fann, TD Sequential, Short vs Longs, Volume, KC, Wedge. Wait for a close below the previous ascending channel unless you want to get fakeout'd. (Entertainment Only) (DYOR)
Hello guys,
Fresh early monday trade. EURNZD trending down, and we might see another leg down.
Few reasons for this :
- MACD has reset
- RSI is neutral
- EMAs are all aligned south
Aiming for a R:R of 3.
Good luck
DXCM flirting with new highs while RSI looks pretty constructive. This looks like it might run a bit so while it might be a nice quick momentum play there is probably a lot of long term appeal here. This also applies to AYX which I just posted.
CCI has crossed up thru a down-tl, which will become a short-term Long signal if CCI crosses above -100.
Because CCI has shown no divergence, most likely there would be further downside to price after a bit of upside
Last time we saw a CCI this low, it resulted in a double top. Same could happen here, ladies and gentlemen. To reinforce this morning as a good one, we had a double bottom on the NQEM RSI-21 on the 15min timestep. Cryptocurrencies closely correlate with the emerging market indexes, so this is another good sign we can enjoy a bullish run this morning.
ETH appears to be back-testing potential old-support (new-resistance) levels both in its price action and on the RSI. With the 4-hourly 100-MA just above, the price may now look to test downwards toward several support levels and moving averages.
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