Picking up some DB, 50% chance it explodes first ;) NO TEA LEAF ANALYSIS
The popular ETF, XLF follows the financial sector and after weeks of selling, it looks to have found support and be gearing up for a big move indicated by the Weekly Squeeze coiling for the past 8 weeks, with the momentum shifting to bullish this week. If you take a look at C (Citigroup), it too has a Weekly Squeeze. If you take a look at it on a Daily it also...
After a gap down to start the week, the S&P 500 (SPY) pivoted around its 50DMA. The week ended further confirming a bearish market turn. Sellers Reward A Weak Stock Market Bounce With A Bearish Fade drduru.com $SPY $QQQ #T2108 #AT40 #VIX $UVXY $AAPL $AMZN $AXON $GS $CCS $PHM $TOL $KBH $MDB $PZZA $SNAP $TLT $ULTA $USO
Every time I turn on CNBC, FBN, or the like, I hear a pundit or analyst pounding the table to "buy the banks." The go on to ramble a spiel about low valuation rations (P/B, P/E, P/FCF, etc), rising rate environments, yield curve inversions, and other reasons that they should outperform the markets going forward. But who's biting? A quick glance at the SPDR...
On GOLDMAN SACHS Daily chart, was formed a bullish divergence, price/CCI. However, the signal for opening a long position only after the breakout of the blue trendline.
Análisis de Swing en GS para el 11 de mayo Alto riesgo sin vela confirmatoria. Juego a pura institucional.
Hace una semana trabajamos un Swing Call GS pero en los últimos 3 días ha hecho un cambio de patrón dando formación de triángulo descendente. Por lo que decidimos reversar las posiciones buscando el rompimiento de triángulo hacia la baja. Posiciones de alto riesgo.
GS seems forming a possible downward neckline H&S formation. Twiggs money flow deep in the negative side. Now if it can break its neckline around 236, it can decline down to 220 area. * Trade Criteria * Date First Found- April 26, 2018 Pattern/Why- H&S formation Entry Criteria- $236.83 Exit Criteria- $219.13 Stop Loss Criteria- $246.77 Indicator Notes-...
$GS Expecting a bounce in the near term. Stock is looking oversold approaching trend line and 200 day ema.
First off, I'm not the best @ TA, so I would appreciate it if a mistake is seen - please tell. Multiple bearish signals on Ichimoku cloud, RSI, MACD. Very similar pattern is evident on GS & MS. Default rates on student loans, retail, & personal are climbing. Combined with a mediocre jobs report, this spells out trouble for banks. However, to me, the most...
You can see here that financials have put in a series of lower low's. Often in such cases, we see retracement back into the original range. If you are looking for a short opportunity entering at the 50% level with a downside target at the 1.6 extension level would offer a reasonable risk/reward ratio. With the midterms coming up, I would expect a low prior to...
Seems to be heading near the end of its 4th and entering its 5th.
Quick long opportunity in play here... ascending triangle, Fibonacci clearance. Chart tells the story. Opportunity for 10+ pt move in a high prob. setup. Target 278-281.