Shanghai composite breaking out of its 12 months downtrend channel with a bullish divergence.
The VXX is a stock created to track volatility in the stock market. Basically, the stock acts as a form of insurance. Its there for when the stock market crashes. The stock goes up when the overall broader stock market falls. In times of uncertainty or during an economic decline the volatility (VXX) will rise while investors sell stocks. Currently we are seeing...
Right above the 200MA on daily. Coming out off trend fib zone. Potentially a very large buy up for more structure, or will correct to continue downtrend.
Volume steadily increasing while Apple dropped into demand zone and with DTL support at key fib level. Now that reduced guidance has been priced in, it would not be surprising to see it ride this trend line as it seeks to retrace former ATH, and play strong into earnings.
Long at market price Stop loss 2.57 Target at 3.02 Risk Reward 6.5
Long at market price. Stop Loss at 12.29 Target at 13.51 Risk Reward 4.55
The soybean market is moving in a gradual uptrend and forming a channel. However, there is an opportunity for a short position because of a bearish flag pattern forming and the fact that the price is nearing the channel resistance. Also, the price could form a double top pattern as suggested by the red rectangle forming a horizontal resistance zone.
As the trade talks begin today among the two largest economies in the world, this pair is looking at the outcome carefully. Any decision either good or bad can make this pair trade sharply. The Franc and JPY Often act as safe haven FX pairs when traders apply the risk aversion effect. GOLD also acts as a safe haven commodity too, but since switzerland's FRANC is...
Fundamental and Technical reasons why GBPNZD could continue long this week, let me know what you think !
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FX turmoil early in the evening session with the AUDUSD falling to .6750, USDJPY falling through 105 and USDTRY blasting through 5.6. EURUSD and GBPUSD are taking some heat, too, in what is being explained as carry trades being unwound as market participants are finally getting the gist: growth and inflation are slowing. In my previous post, my intermediate...
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Microsoft has been under heavy distribution and has begun a risk of top formation. The markets opened with a downside gap this morning due to Chinese markets imploding. This is a high risk factor for a potential bear market catalyst. Any US company that has a high revenue source from China is at risk of serious downside runs during such a crisis and for as long as...
$UXIN, a high-risk and high-return equity, with desired share price and shares float, to most likely set a new 52-weeks high due to its solid low supports, and gaining volume and momentum.
My hypothesis for DXY, hope you enjoy and don't hesitate to let me know what is your point of view on it!