AMEX:GDX If the value of gold continues to increase, automatically the companies linked to the extraction of this metal would derive profit from it and therefore we wait for a breakout of this resistance to allocate eventually a part of the portfolio on this ETF. As we also notice from the point of view of the potential resistances that could be found on the path...
AMEX:EWZ Potential ascending triangle of continuation of an inverted trend at the beginning of 2016 in the Brazilian market. In this case a breakout of the resistance could lead to interesting profits, and ETFs are volatile assets that have intense price changes in tight time frames, and a liquidity necessary to allow immediate trading in the trade. finance.yahoo.com
NASDAQ:ACWI The price has bounced many times on the level 75.00 forming a clear resistance, and finding in the last period also support on the level 70.00. In this case, being the leading ETF on the world's leading indices, uncertainty can be perceived in the markets at the moment. However, it is not a guideline for our operations, but rather a potentially...
I share my longterm expectation of this trade. Memory prices stabilizing. This could bring great gains for this stock in the longterm view. I am in this trade for a long time. But for those who are not in this trade yet...we got a pinbar on the 4H, which is first good sign for the entry if you still hesitate. You can also wait for the daily candle confirmation.
Natural Gas ETF's such as UGAZ are looking more bullish. It broke through a very strong channel that it has been consistently following for a couple weeks now. Look for a slight correction before entering.
Many are unaware of the Anchored VWAP tool and that is unfortunate, because this is a critical marker for large institutions and their orders. When anchored to significant market events, such as 1st trading day of each year, Highs, Lows, Election days, etc; this tool gains even more usefulness. As Brian Shannon, who has popularized the tool amongst retail traders...
Lyxor STX600 Chemical, with its inverted head and shoulder (bullish continuation pattern).
bearish bias remains on S&P500. the market was coiling within a bull flag for a while but once it faced the major resistance we see a clear formation of a lower high + dodji candle. I expect bearish continuation and still hold short trade from higher level. for those who missed the trade, you can wait and sell bearish breakout of a flag. target level will be 2950
though I have already shorted spy, for now, there is another perfect selling setup for those who missed the trade. on 4h chart the market has formed a classic double top pattern with lower high and RSI divergence. I trade this reversal pattern waiting for a bearish breakout of minor support beneath it. T1 - 2945 T2 - 2900 Stop - 3028
Hi, today we are going to talk about SPY and in a Day Trade opportunity. We observe a 15M chart, some important points such as supports and resistances (and levels of strength) to the Day Trade. The details are highlighted above. Thank you for reading and leave your comments if you like. Join the Traders Heaven today, for more exclusive contents! Link...
Here we can see the stock makes a pennant. We should wait it to cross the upper line and then buy it.
gold funds - ETFSec GOLD & BetaShares Gold Bullion fund QAU
ETFSec GOLD and BetaShares Gold Bullion hedged fund QAU
Is Palladium now good for trading or is he a good investment? There are many reasons to put some precious metals in an investment portfolio, as well as to trade them in a shorter time. Speaking about Palladium it is anticipated that supplies will be tight in years ahead, while at the same time, growth in industrial usage is expected. This tight supply and...
hey traders, though I have already shorted SPY following bearish gartley pattern. for structure traders we now how a perfect confirmation. the market has recently broken below the support line of a rising wedge and rsi shows clear divergence. I think that the recent gap well most likely close, and then you can short the market. T1 - 2940 T2 - 2880 Stop - 3040
The falling wedge is about to break out. The divergence in the dailies is quite clear both MACD and Histogram which Alexander Elder says is powerful. The weeklies have a divergence in the H but not in the MACD itself. So, it is a tradable long. Going long at US open tonight 11 Sep 2019 with a stop below the gap at 55.60 area - to be specific atop at 55.. The 10...