Scaenario 1 - DowJones Falls 1000 points more below 25760 to another key level at 24680 - breaking that support it could be some serious fall of 3000 points more to 21712 Scenario 2 - Dow Takes support at 24680 - bottom as of today so far & holds to bounce upside giving some relief which will help India Nifty also to bounce next week on Monday 3rd...
Daily Support created the illusion for people to go long, the stop losses just below. Remember if you buy, your stop loss is a sell. You SELL your BUY position at a worse price! China and Australia's economies are very tied together, due to the corona outbreak the AUD is tanking. This added with the fuel from all the stop losses below the daily resistance zone...
The Budweiser Brewing Company APAC Ltd (Budweiser APAC), whose portfolio of more than 50 beer brands includes Stella Artois and Corona. Good chance of breaking out of this downtrend channel today or this week. Worth adding to your watchlist.
Golden cross more like fake cross?
Good morning traders, today we will cover EGO, a massive gold mining company. EGO let out some big news during a massive week throughout earnings pumping a massive 50%. Not only did EGO release some fantastic news but it just so happened to be after a major breakout which hasn't been tested since 2010. Another impact that should be accounted for is the...
Going to crank out some Forex signals today. DotcomJack Please do your own research
China has banned selling in their markets, and is desperately trying to prevent a market crash. No one is allowed to sell when the market resumes on the 3rd. Set bid price, no net sell before the 7th. Permission for sales over 10M yuan. Businesses desperate for funds to pay employees, and wants reduced taxes to help with the stress. The Chinese have built 4...
Happy monday traders! The audusd has alot more bearish movement to come, the only trades that should be taken are shorts. I will be personally jumping in to the smaller time frames to pick up the best prices possible to short! As always, keep the risk managed! Cheers
impact of corona maybe will bull the gold to 1595 and then it can 1611 again (?). after that will retest support level 1590 (?) or 1580, if break down maybe can to 1575 :) have a nice day
At 6:01PMEST "White House tells airlines it may suspend all China-US flights amid coronavirus outbreak" Has corresponded to the price move in silver, gold and now bitcoin. Zombie virus has spurred fears and price is moving up in these markets. Previous Analysis This is not trading/financial advice.
With most of China on lock down due to the corona virus there is no way that NIO could be profitable at this point in time. $TSLA reported strong earnings and people are looking to buy $NIO due $TSLA being strong for EV as a whole. However, NIO is unable to transport vehicle due to road blockages, employees are stuck at home, they have a $100 million bond...
My Position: Last TA I published on the S&P we had just announced a phase 1 trade deal had been reached with China. It was great timing as we need a push to get us out of the bottom sub channel we have been stuck in as we were reaching that resistance again for a 3rd time over the last year. I entered the market using slightly out of the money call options for...
Casualties increase in BitMEXico after 2 Barts from Wuhan Province spread their infectious disease in the market. Diarrhea is said to be a common symptom of traders infected by the Corona Virus as the price charts indicate traders have been taking more dumps in the market. Short for cheaper BATCoin.
NNVC news Flu vaccine makers' stocks jump following the outbreak of coronavirus from China. World Health Organization accelerates diagnostics, vaccines, therapeutics for coronavirus. There are 2 main stocks trading on heavy volume caused directly by this new possible pandemic: CODX NNVC