The dow looks good for a bit of a pump up after all the selling. RSI and MACDH both showing nice divergence.
Bullish breakout today after retest of 106. I wonder why? ;-)
S&P analysis: Where do we go from here? Despite the fund injection and emergency rate cut coming from the Fed to hold up the markets, the markets did exactly the opposite and fell lower over the course of last week. This is what I see for now: - If we have really completed a 5-wave impulsive EW movement up, then we are due for a 3-wave (a-b-c) corrective EW...
It is a sad title, how true overdue correction is now a reality. We have peaked already back in October 2018 with the run we saw into end 2018 and early 2019 being part of an irregular flat. A pattern that kept me on the edge, as we are clearly out of energy but market was still rising. Until pattern was confirmed as a three wave structure setting the “b” label...
Long SPX500 @ 3,100; TP @ 3,325, SL your choice
First of all, I have zero financial knowledge. I am not educated and finance is not my profession. I barely understand your language. I'm only a technical guy. Looking at charts, I have predicted some possible targets of the next stock market crash. The worst scenario begins around $2600's. Hopefully this never happens. Maybe there's only 1% probability or maybe...
Short OMX30 @ 1,893; TP @ 1,850, SL your choice
Short SPX500 @ 3,364; TP @ 3,263, SL your choice
those the trend is clearly bullish, the price is standing on a very important level: we see a perfect match between strong horizontal support and support of a rising channel. though, for now it looks bullish, in case of a bearish breakout, it will be a perfect signal for us to short the market. target levels are based on structure: 245 230 stop will be 265
hey traders, instead of breaking above 3280 structure resistance the market has respected it and, moreover, set a lower high. after a lower high formation, the market has dropped below a support line of a flag pattern. the breakout is considered to be confirmed and our bias switches from bullish to bearish. from the current perspective, I will expect...
CURRENCYCOM:US30 price = 28810 TP 1 = 27000 TP 2 = 25000 SL = 29100 1. see important trendlines drawn 2. see price action around Ichimoku Cloud on 1H timeframe getting another position on for the long haul -- see my other idea for longer term. also please like my ideas so I can start messaging in chat room. Thanks. I'm full time trader, strategy...
Very positive forecast for Mcdonalds! yesterday the market has retested a broken resistance that turned to support. after that, we see a very strong bullish reaction! for us, it signifies that most likely in the nearest future the market will reach the current high. the initial target is 214 the second target is 220
Taking a look at risk trends, not much has changed in terms of standings. However, lack of conviction in the equity markets is very high right now. Many of the bears from the last retest of the 2800$ floor from the last 2 months are gone, wiped out with every consecutively green daily candle. However, the most insecure traders right now are the bulls, constantly...
DJ could move higher to complete primary wave 3 near 29670, completing the intermediate 5-wave move starting at 21753. The current structure suggests that we are minor wave 3 of the intermediate wave 3. In the sorter degrees, we have completed minute waves 1 and 2 and currently are ready to correct perhaps with a minuette a,b,c wave. That would then allow prices...
Short SPX500 @ 3,025; TP @ 2,900, SL your choice. Actually LONG VIX Nov'19 contract @ 15.55; TP @ 20.55
Short Nikkei @ 22,939; TP @ 22,021.44, SL your choice
Short DAX 30 @ 12,487; TP @ 11,987.52, SL your choice