On a daily chart, the Russell is looking great, however, on the weekly chart shown above. The Russell is reaching a resistance on what we can see is a downtrend of lowers highs, and lower lows.
Take profits and protect your gains. This is a very bearish flag.
W close to watch !
Still bullish on 3D and W
-W RSI pennant
-W inverted hammer
-3D bullish swallowing candle
-3D bullish RSI divergence
Past week opening was 10k1, this is the first level to hold, where we can also find POC (volume profile Point of Control) since early july to now
This week opening was 9750, it's the second level to hold in order to preserve the...
ABEO seems broken out of a downward channel on strong volume and now forming a flag formation. Money flow is very strong. We think it has good upside potential.
ABEO - Aggressive entry above 3.06 or more conservative entry with break above 3.35. Stop signal 2.77. Target 1 $3.83, Target 2 $4.19
My last publish from yesterday analyzed a bull flag on the 1 hour chart - it broke out last night. This chart is the 4 hour, but as you can see, that long-term trend line dating back to December is creating issues for it rising any higher.
I think this morning's non-farm payroll and then Powell's speech will determine if ES and SPY have enough gas in the tank to...
Part of being a good trader is to recognize when you are wrong, and adapt accordingly.
It's been a wild ride this month, and I have stayed bearish the whole time... until today when I became neutral. But should I just go against my gut (for now) and go bullish? I'm thinking so. At least in the short term ( a month or so).
I still think a good size correction is...
Bullish chart pattern (Ascending flag) formed on the hourly chart for BTCUSD , time to look for possible entries.
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