DAX index is like a waterfall: no pullback, no correction during the entire short rally. though fundamentals are still depressing, here are the reasons why we should be focused on dax and expect a pullback soon: first of all, the market is clearly oversold and sellers will soon start profit-taking, secondly, the market is close to a key historical level and I...
The chart for Bank Of America (BAC) is looking bad long term, there are many signals pointing to a very strong drop. The last time this company had a crash, it shredded over 95% of its value... The same might happen again. Let's take a look at some of the signals: Let's start by looking at Divergence , you can spot this marked with a light blue line on...
I noticed that some traders and investors have already started buying spy on discount assuming that the market has finally found its bottom. BUT Look at a daily chart: key 2330 level still is not reached! I still believe that the market can go lower and at least the underlined level will be tested, and who knows, pullback and next wave to the downside. too...
Parameters : Position Size : %1 Risk/Reward Ratio : 3.07 Stop-Loss : 2641.7 Goal : 2746.9 NOTE : We do not trade if it opens at a value higher than the goal value.
Parameters : Position Size : %1 Risk/Reward Ratio : 3 (1/3) Stop-Loss : 19.95 Goal : 19.05
Parameters : Position Size : %1 Risk/Reward Ratio : 2.4 Stop-Loss : 784.11 Goal : 753.36 *** Note : I think we can close below the target (Goal on above) tomorrow.
Well, 0.382 target seemed a bearish target back then. Now hoping that the 0.5 will hold on #DAX. Never thought we would get there that fast though.
What to do when all stock market falls apart??? The easiest option I guess is to short the market of course, but if you are a mid.term or long term portfolio investor, never forget about bonds. The main concern that I constantly hear is a low yield that barely covers inflation. Of course during the massive market expansion bonds do not appear solid. But...
SPY is stuck in a decision range between two key structure levels. if you still don't have an active position, the best strategy is to wait for a breakout. the side of the breakout will show you the future market direction with a high degree of accuracy. of course, we still stick to a bearish bias and bearish scenario is highly probable, but in our age of...
The SP500 dropped last week and stopped just above the average moving line 100 on the weekly graph, if we look at history in the last two serious price correction, The SP500 fell and did not stop at the 100 moving average line, but continued to the 200 moving average line According to Stochastic and RSI, the declines have not yet come to an end. Right now the...
buyers show their unwillingness to buy on dips. the market went rejected after a minor retracement from 2888 support. looks like selling volumes are accumulating and bears preparing for a breakout. the best strategy for us to follow is to sell the breakouts of these key levels expecting a drop to the next one. Key levels: 2744 2560 2343 note how perfectly...
completed harmonic bullish bat pattern on UK 100 index. pattern completion point is lying on a strong horizontal daily structure support. I belive that this week the index will grow in value at least to 6945 level with potential continuation to 7245 good luck!
To be a truly successful investor, you have to have very long time horizons. Most of us track trends for days or weeks, but big investment banks and algorithm-driven "smart money" track trends for years or decades. This requires patience that most people can't muster. With that in mind, let's look at some long-term trends in the S&P 500 to see where we might want...
what a huge gap! we haven't seen such for a long period of time on DAX and it is very telling! the market perfectly dropped on strong horizontal support and it is the last resort for the buyers. being broken to the downside, it will trigger selling reaction of market participants giving us a great chance to short the market! Key levels in case of...
hey guys, be prepared to short Hang Seng on bearish breakout of a flag formation. the trend is bearish, we saw a fake breakout to the upside recently, fundamental sentiment is vague! don't miss this opportunity. initial target is 25100 then apply trailing stop and try to catch a big winner! good luck! please, support the idea with like and comment! thank you!
I think we're likely to see a correction in the S&P 500 to at least the bottom of the channel, if not lower. On Tuesday the S&P 500 hit 19 forward P/E, making the index the most expensive it's been since 2002 (18 years ago). In effect, the S&P is priced as if there's zero risk in the market right now. Of course, we all know that's not true; between coronavirus and...
hey traders, dollar index is approaching a current market high level! I believe that because of the current overwhelming dollar strength and clear uptrend on the index, the breakout to the upside and new higher high are inevitable. even if current resistance is respected, bulls will accumulate volumes on a pullback for continuation to new highs. key support...
dollar is phenomenally strong these last few weeks, analyzing the index on a daily, we see that it is coming closer and closer to a current market high. projecting abcd harmonic movement and looking left at structure we may expect with you a retracement from the underlined area. pay close attention on a daily and remember that closer the market is to the...