Have we got a possible short here guys?!
Prices could possibly travel all the way down to lows of 5080.0 . I'm waiting for this break and literally stalking our key level at 5240.0 . If of course, prices break to the upside of 5320.0 you could expect prices to wipe out our prior high at 5360.0 and potentially head higher, possibly towards the 5460.0...
Many analysts agree with the relationship between this index and crude oil, honestly I am not a specialist in the subject but I will give myself the task of investigating more about this.
For now this is what my chart indicates.
This is an idea purely for study purposes, the intention of making it public is to have it open to comments or points of reference for...
The Index remains slightly above our entry of 21592 in the past few days, not the time for break out just yet. However, bears are ready to take over, and fireworks are in the cards.
The Euro Dollar rallied a touch against US Dollar, and that was probably why DAX Index stocks wobbled initially. The mood remains quite sour in Europe after a negative Wall Street open, with German Index dropping a 0.5 %. Trade Selector Signal Sell signal 12418 is intact.
With global market volatility on the rise, Japan looks like a great place to have your money as far as Index's go. The JPY225 is known to be held in large proportions by domestic investors. The Japanese are known to be very risk adverse investors which offers international investors a safe haven to avoid rising volatility in a time on increased uncertainty. I...
Towards the session close, Dow Jones Index was over 750 points lower, having the final thirty minutes saw a 200 point rally by having an end of 23933. I guess most of these algorithms aren't that kind after all.
DXY could continue towards 89.60 before running towards 91.40 Levels. At those levels, it will be watched for the down-trend to continue.
*Please like and share if you found the idea useful. Thanks!
It had been a close battle between the Japan Nikkei and the Indian SENSEX indices for Thursday’s outperformer in core Asia market. Nevertheless, the victorious one was eventually SENSEX. The Index rallied up 1.75%, with all market sectors contributing to the sentiment. The Nikkei Index added healthy 1.55% on the Thursday session. However, we're paying attention to...
Running the Shorts: Meanwhile, right before stocks significant surge in past couple days, a large number of investors are anxious and watching for the next shoe to fall, which has them perhaps underexposed in the stock market or solely on the sidelines entirely. This what happens in correction marketplaces. Correction markets furthermore leave some riders on them...
Eurozone markets were buoyed by the depreciating Euro Dollar and British Pound and added in a push of the Asian stock markets which were open. Surprisingly enough, the US Dollar has some life back in it merely as MSM media is writing it off! Thursday we got a respectable plus 0.5% rally in the DXY Index with the trader's talk of short-covering punching many...
After a strong descent, we can expect a lighter push up. From my point of view, there is no reason to believe that the painting has changed.
This is a test in 1H chart, congruent with higher ranking charts. I'll see how it works.
Sp500 is in a corrective wave named wave c which goes down in an impulsive manner in a 5 waves down.
we can be trading now wave 2 of wave 5 at 76.8 % fibo level then turning south to target 2474.
invalidation level is pointed on graph. good luck
In Japan, the Nikkei Index traded very well throughout the day on Tuesday having started out on its lows. Furthermore, adding to these results in US trading hours which was having an adverse impact on the Yen currency and is seen trading 0.7% lower on the session at mid 106 handle. There are two obstacles towards T/P1, one Key Support at 20,1618, and Key Low at...
The US stock market late Monday rebound and gained more push on Tuesday with an impressive 389 point rally to gain back the psychological 24,000 level once again. An essential reason for yesterdays movement has been the recovery of the FANG (Facebook, Amazon, Netflix, and Google) stocks all adding close to positive 1.5%. Still, a great deal to play for this week...
