Technical Analysis - Distribution Phase - Price keeps making lower lowers - Expecting to see Price drop around the previous pivot area -Price is respecting the P pivot area - Fundamental analysis - Vaccine on hold - Stimulus package uncertainty & unpredictable
Hi friends the daily chart of this market shows that it will experience with a high probability an uptrend in the coming days but also we must be vigilant of the change of direction towards the opposite please subscribe to receive more analysis
Hi friends the daily chart of this market shows that it will experience with a high probability an uptrend in the coming days but also we must be vigilant of the change of direction towards the opposite please subscribe to receive more analysis
Hi friends the daily chart of this market shows with a high probability that it will experience an uptrend in the next few days but at the same time it is better to be vigilant of the change of direction towards the opposite please subscribe to receive more analysis
SPX - I haven't changed much since I analysed this pair - GAP FILLED - Whats next? Let me tell you it's simple - We could either head to the all time high areas again or we come out of this ascending channel and decline. Think about the arrows drawn....! Bears are in control under: 3200 Bulls are in control above: 3280.9 This is looking at medium term outlook,...
Hi friends the daily chart of this market shows with a strong probability of a downward trend in the coming days but we must at the same time be vigilant of reversal of this market towards the opposite direction please subscribe for more information
Invalid above 3055.99 Targets Marked
A nice clear ABC structure is almost completed. After this we can move up!
Potential out look for today or tomorrow, right price action and break of neckline, will confirm the position for me
Here is something interesting. Everyone thinks that S&P 500 will retest lows. Corona, oil, bla,bla... But as charts show, S&P is in uptrend, RSI is below 80, and if this trend continues, we could see S&P around 4000.
On the final wave C, the fifth wave had form an ending diagonal! Is this the end of the dead cat bounce?!
This is looking more and more like a bull trap the more i look at it... We've seen a strong push to the upside around 20% or so from the lows and now everyone thinks its "bull season" I'm sure most of you is aware of the dead cat bounce theory, and for those of you who don't it is basically the thought that if you drop a cat off the roof it will bounce a bit...
We have already mentioned that the S & P500 major rally started 57 weeks ago : We are now facing a tough sale. So which sectors were traded on the index or discounted in this process? You can view them from the terminal. I would like to write the sectors that remain inexpensive so that when we return to the favorable atmosphere, keep in our mind: OSX :...
I believe we are heading for a short term short with a new stabilisation after a few weeks when the dust settles. I prefer to take a short here and wait until it passes my blending zone, where I can add more long positions until the bottom.