it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly, it works good for stocks and cryptocurrency. you will use heiken ashi chart style and turn on the EMA DOTS indicator. once the indicator is on you will hide the heiken ashi so you only see the dots. when a green dot appears you buy, if a green dot appears...
Index is safe until 24935 is not breached on closing basis. At current level one should long near the lows with tight SL placed around 24875. A close above 25050 would be a safe indication and bulls may come in soon.
The index is on a symmetrical Channel Up on 4H (RSI = 55.713, MACD = 53.000). Given the overbought levels on both 5H & 1D (STOCH, STOCHRSI, Williams), I expect a pull back to 24,582 before reaching 24,996.70 again and 25,226.56 towards the end of the month. With a Higher High on 1D (Highs/Lows = 152.8571), I believe the long term downtrend came to an end. However,...
Hi Traders, Dowjones Index looks potential. One impulse has taken off from the ABCDE structure and now it seems to be over. I would wait for a flag, so I get a buy set up, and find the entry for a long position. Carlos
Above 18919 still short-term upside trend purple upside trendline (from 11/11 18683 & 11/15 18754) purple sideway trendline (from 11/14 18919) I would still prefer to trade the long side, after Trump election (zoom back @ chart) 19020 Points are a good entry capability, if the prices are comming back 19012 Points are a good entry capability, if the...
From the technical point of view, the E-MINI DOW JONES FUTURE is in an intact slightly optimistic upside trend. I am pretty kosher bullish and would prefere to buy back above 19000 - even between 19150 & 19100 ... I don`t think that US Labour Data or even FED Chair Woman Yellen will stop this trend !? Take care & analyzed it again - it`s always your choice...
Basic Numbers 18172.87 @ 1st Basic Yearly High 2016 before BREXODUS 18629.96 @ 1st High before Back 2 School Season & President Election 18674.74 @ 2nd High before Back 2 School Season & President Election The Market breakedUp @ no questions :) but i am still not blindly optimistic - `cause the unpredictabble noises around our new president Trump are...