The monster rally in Nasdaq stocks has obviously grabbed most people’s attention recently. However there’s also been a major shift in currency markets as the U.S. dollar slides. That trend has paused for more than a month. Looking simply at the dollar index , it’s not clear whether the decline is ready to continue. But DXY is two-thirds European (euro and...
Major Points:- 1. Another classic breakout after a short consolidation. 2. Long term uptrend intact. 3. Let's see Nifty could consolidate above 20 days MA and not break 200 days MA. 4. Bank nifty is clearly exhausted. Now the Metals and pharma are helping the nifty. 5. Nasdaq and S&P really consolidating for another breakout. Upside or downside we could see...
based on what we can see here, gold expecting to continue his short term uptrend after a break from previous resistance level 1950 and a pullback at resistance become support and supported by trend line channel
We do see a push up on the Dow Jones.I said this past week that price was going to push up to 27500.I do see more momentum gaining in price,I can see a push up to 28,600. I will update when price does touch this price which would be resistance could have a potential double top formation.
hati resesi ekonomi global sudah di muali dengan barometer dow jones di pasar bear
A lot of bearish things seem to be happening with the U.S. dollar index. First was a giant doji candlestick on the monthly chart in March. This occurred near the previous high from January 2017. A big reversal pattern at resistance is nothing to ignore. Second was a tightening range throughout April and most of May. DXY exited that pattern to the downside and...
Global Dow continues on its way down to new lows. In the shorter term view, it seems to have finished, or nearly so, minor counter-trend wave 2. The next move should be minor 3, where the most probable target is is below 370. If prices crosses up 418, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
Hello.If we try to analyze the current situation by looking at 8 major pairs: 1 - U.S Dollar Currency Index 2 - S&P Goldman Sachs Commodity Index 3 - Gold Spot 4 - Gold / Silver Ratio (XAUXAG) 5 - S&P 500 Index 6 - Euro 7 - Australian Dollar 8 - U.S Dollar / Japanese Yen Assumptions A If 1 moves down towards the trend line: * The probability that 2...
The Dow First thing I'm noticing is the red line seems to be the support on three occasions, with three distinct periods from 2018 where the DOW dropped to the red line and recovered. 2020 Corona crash has had a somewhat perplexing recovery, which to me defies absolutely all and any logic! It's absurd the DOW has rallied like it has given the economic horror...
W1DOW as reached the target range forecasted in our post of May 31 and reversed as predicted. It seems to have finished the minor corrective wave 2 and should soon be tracing minor wave 3 down with strong momentum. The probable target for the end of minor wave 3 should be below 370. If price crosses up 418, this analysis should be reviewed. FOLLOW SKYLINEPRO TO...
As forecasted in the April 7 post, Global Dow surpassed the target at 377 and just crossed the 0.618 retracement, typical of second waves. Intermediate wave C is tracing minute wave 3 up, therefore we may see a probable additional growth of 5% before the trend reverse in direction to new lows. A possible target is at around 410. If the index cross down 354.80 the...
REET finished intermediate wave B up and it initiated the downtrend to new lows in intermediate wave C. If price crosses up 23,6, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
When we look toward US market tesla is one of the leading company of US market According to TA, I am buying Tesla in our portfolio Gives a good return in the upcoming days Thanks
Keep Calm and eat an apple! Wait for price come below 212 Thanks
Hello friends, its mine first view on s&p500 index, This is a clear Uptrend. The down arrows point to the lower highs of the trend while the up arrows point to the lower lows. The Uptrend turns into a Downtrend when price makes and confirms a higher low at the upper right side of the chart. That higher low is only confirmed by the following move Downward. They can...
REET is developing minute wave 3 up and ended the day at 0.5 retracement of minuette wave 3, which could be the end of wave 4. Minuette 3 ended exactly at 1.618 fibonacci level of wave 1.If this scenario persists the expected traget for the next two days will be between 19.21 and 19.86. FOLLOW SKYLINEPRO TO GET UPTDATES.
There's a large amount of speculation whether or not the United States will enter into a deep depression; And there's some potential for it. Housing Starts for single family homes has decreased to levels seen in the 1980's, meaning there will be more families moving into multy-family homes; or apartments. Housing asking prices are dropping along with demand...