Big Pattern = Big Moves
Long consolidations = Fast Breakouts
The #NIKKEI had a beautiful chart pattern and we are seeing the explosive up moves occur in that market.
The French stock market - along much Europe hasn't done much for over two years
But we are quickly approaching Target 1 of a large --- non conventional HVF
Is it monetary stimulus or economic...
EURO STOXX 50 Weekly Volatility Forecast 17-21 October 2022
We can see that currently the volatility is around 4.14%, falling from 4.33% of the last week.(using DAX volatility, which is highly correlated with euro stoxx 50/600)
At the same time, its currently place on the 75th percentile based on the ATR calculations.
With this in mind, around this percentile,...
The long term consensus for EURONEXT:MC is still bullish . In this bullish context , it has formed a flag pattern on the daily chart which is a continuation pattern looking to be confirmed by a breakout . If this pattern is confirmed by a significant breakout and a close above the upper line , then the price would have a high probability to continue upwards...
EURONEXT:ADYEN has just reached the point I have been anticipating since my stream on 16 December 2021. In the sloped trend lines I have drawn, the current price aligns directly with the COVID bottom in March 2020. I'm trying to find other signs of reversal, but I can't find any except the wick on the current candle which still has three trading days to close....
The European equity index is a tough one to analyses. The index has had a strong recovery, however, there are still structural headwinds that the EU faces. Interest rates in the EU zone are unlikely to rise anytime soon whilst the Euro is likely to be deflationary going forward.
The trading signals suggest that the index has reached a high point and needs a...
4000 is an interesting number for Europe 50 index. This is the value that acted as resistance in July 2007 which reversed around 80% of upward movement. Also, this was the highest point before the 2008 market crash.
Europe 50 is increasing at an increasingly fast rate near a powerful resistance which could only be explained by one scenario. The market could very...
DAX is trading within a Channel Up on the 4H chart (RSI = 36.715, MACD = -1.100, ADX = 34.094) since lat June. Following the Higher High at 13,300, the index pulled back to make contact with the 4H MA50 (blue line), which last time (July 10th) provided a rebound. We expect a similar pattern but if it fails we are prepared to close the position and turn into...
The bank like the industry as a whole is on a long term bearish trend since the pre subprime mortgage crisis in 2007. On the 1W chart we see a clear bearish curve (RSI = 42.379, MACD = -0.083, ADX = 31.053, Highs/Lows = -0.0432) with Lower Highs and 3.1000 as the Support.
Since 2009, once the price crosses the 1W MA200 (orange line) SAN becomes a long term Sell...
The UK index was strongly sold near the 7,730 Resistance this month and has so far reacted with a decline. This drop is so far being contained on the 1D MA200 (orange line). 1D has turned neutral (RSI = 47.582, MACD = 11.270, ADX = 21.739) which is normally an indication of support.
Following the Golden Cross late in December, this sequence is similar with the...
While our outlook on the Eurozone and markets remain supportive, a technical opportunity to fade highs in the European stock market has arisen. We will initially look to fade highs into our liquidity bloc targets however will allow ECB/Lagarde commentary to provide ultimate macro direction across our portfolios. Sensitivity remains from the downside from here.
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Hello friends. Fibonacci Time Zones as recently seen in bitcoin can be very useful, particularly the .618. Like all fib tools, there are many ways to use them but, I have found this to be the most effective. They can be used to explore timing for calling tops, bottoms, reversal areas, or important zones.
We can see here from the .236 and .382 time zones in DAX's...
I am testing this finding. It it works then you can add it to your tool arsenal. I wonder when this opportunity will occur again though.
The more knowledge you have, the better.
The Russian stock market has crossed above its long term (since 2008) long term bearish pattern this March and is currently aiming at the 1,340 1W Resistance. There is potential that the former Lower High trend line will turn into support now. Our long term target on this market is 1,500.
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