1. Nifty Has been Making 1-0-0.618-1.414 pattern for last 7 months, Check chart. 2. Head And Shoulder Pattern in the Making. 3. Will Look For 8050, 8120 as Short Opportunity for 7300 as target..
1. Bat Pattern completed on 3-Nov, Went Down After that but again bounced back. 2. Bearish Divergence in Daily, Weekly and Monthly Charts. 3. FED meeting in December, Consumer Confidence & GDP Data on 24-Nov Employment on 4 Dec, Stocks tend to fall 20 days Prior to FED meeting (Just an Observation). Scenario 1 - S&P will hit 20 Degree Slope @ 2100 and...
This simple RSI-MA long/short algorithm beats the Dow by a FREAKING HUGE margin over the past century (excluding dividends and trading costs). The algorithm uses a fast SMA of the RSI as a buy/cover signal and a slow SMA of the RSI as a sell/short signal. Backtest period = 09/17/1916 - 11/02/2015 DJIA = 98 --> 17,830 = +18,094% = 5.38% CAGR Algorithm = net...
Looking for potential retracement high to Short the indices, with my main focus on DIA currently. DIA staged a nice ABC-wave rally recovering from major pivot low of 150.5. Currently looking ripe for a continuation of the underlying major correction from 183-150. The 175-176 region is ultra significant, comprising of: (i) previously surrendered H&S neckline,...
If we check INDEX:SPX supports we can see that the vertical trend is already broken but it's still doing some bullish movements. We can also check that every October since 2013 were some kind of buttom and after that a rally till winter of more than 10% and less than 15% so... My bet is this. S&P will go till 2130 by the end of the year and after that, double...
check the levels for short. opportunity to short, yahoo is in down trend and rally will give us chance to short.
nice short opportunity at market with bearish market candle forming , bearish divergence over multi market make this short even more juicier :) ! I talking the nasdaq and the sp500 ! as always don't hesitate to come by our group we would love to alk to all of you : www.facebook.com
This is a crucial point for the Top 30 shares on Wall Street. I am definitely shorting here.
16279 on the upper side and 16000 on down side are important levels to be watched.
There are a bunch of bearish engulfing candles on the indexes so confirmation tomorrow will be something I am watching. Here is the daily chart for $DIA ... If you want short exposure on an index (for profit or a net long portfolio hedge**) I like this ETF because the stock price and the option price can move and gap a couple dollars in a few days. Plus the...
This is a possible scenarios how the mkt gonna playout... In nutshell, Dead cat bounces in the progress... 1659x and 1705x will turn as BIG resistance for advancement.. as trader will sell it out and run as the price advances.. So, the rally will be possibly short lived... I am cautiously bullish Only.. Sonic
Obviously as most know the USDJPY follows US Equities, which has seen a nice sell of that certainly shows targets a lot lower (ex. DOW support not until 14000). Also, DXY has clearly broken down repeatedly after lower highs to lower lows, which points to a new trend. On the other side of things this is creating a very strong YEN so I prefer selling the USDJPY more...
As predicted 4 days.. ago.. on my previous Analysis... DJ had a BIG drop... it went little overboard IMO... Little bounce may continue but the Mkt structure has changed.. Gonna be lower than where we can in 6 months time.. When everyone headed for exit, The dead cat bounces..