composite

CHINESE INDEX broke strong support zone (38.2% lvl fibo) and go to the 50% lvl. Working with fibonacci levels

refer to chart

After check some technical analysis and comparing it with the VIX index I can conclude that Shanghai Index hasn't sink yet. The VIX index is pretty low compared to 2008/2009 levels but it's starting to fly again. About it's chart we can see two possible situations. Seems like Shanghai Composite is following 2 main channels. I recommend to take a position after ...

"In an attempt to halt the slide, China has arranged a curb on new share issues and orchestrated brokerages and fund managers to buy massive amounts of stocks, helped by China’s state-backed margin finance company, which in turn has a direct line of liquidity from the central bank." -The Guardian

Composite Yen crosses provide an interesting way to look at the unfolding Yen scenario. I'm applying my own ARS Gann Lines here along with fib-circles for timing and a fan for slope... The Gann -45deg ( dashed yellow ) and -90 deg lines ( dashed red) provide targeting guidance for major moves to come. The equations use square root values plus or minus the ...

If you look at previous run up you can observe that it begins around 2003 with a no clear trend, but in the following years it tooks the shape of a rising wedge. The trendlines of this pattern expande, with both trendlines slanted in an upward direction. As the strength of the buyers weakens (exhibited by their inability to take the price higher), the sellers ...

Several patterns are in play in NYA composite The last 6 month NYA has made several harmonic patterns as shown on the chart (See chart below). The latest is a 5-0 pattern and a ABCD in spe. That should bring a price target of 10120 Last week price created an island reversal For the time being I see price action has made a possible harmonic ABC move (not EW) with ...

A SHS formation in the Nasdaq Composite with a well defined neckline. Measured target 3600 where structural support is found in the middle of 2 gaps.... (One being closed - the other to hold as gap support)? Daily RSI at 48,.53 Neckline has to break first!!! Safe trading ladies and gents! BM Music at ...

A SHS formation in the Nasdaq Composite with a well defined neckline. Measured target 3600 where structural support is found in the middle of 2 gaps.... (One being closed - the other to hold as gap support)? Daily RSI at 48,.53 Neckline has to break first!!! Safe trading ladies and gents! BM Music at ...