I've been covering the S&P pretty heavily since Oct' was getting short in Sept after the first bearish weekly close we had seen leading in to this (twitter.com)
I think we're getting to the point that things are so bearish, that the establishments are going to do whatever it takes to save this thing, which is only going...
On the H4 chart of the instrument, a bearish divergent squat bar has been formed. In addition, there were multiple divergencies on the AO indicator, which amplifies the signal. From the Elliott waves point of view, this could be the end of the 5th wave. Going short with good RR ratio using levels that are marked on the chart.
For Bill Williams` strategy...
I have long known that the Nasdaq 100 out-performs all indices and benchmarks. In fact, during the completion of the liberatedstocktrader.com crash detector system which I refined over many years I have learned that the 20-year return of the NDX-100 is 604% (from 1998 to present), compare that to the S&P500 which netted only 200%.
If you are going to buy and...
W1 cycle,The early high resistance is very strong,
Short - term prices appear large probability of a pullback.
Investors can consider shorting near 7670,
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As we can see the Nasdaq broke through the all-time highs at 7702.50 this session.
But will price break highs or bounce?
Looking at the price currently, we are seeing a rejection of the all-time highs.
If the daily candle closes bearish, we could see downside to the previous highs at 7509.20.
A break and close above the all-time highs could see significant upside.
The NASDAQ is in a huge 'Ascending Wedge' similar to the one back in OCT 2018
You can see the RSI is capped in a negative trend, similar to Oct 2018
FIB retracement is suggesting 7300 for a target area
Also a TRIPLE TOP on the daily candles.
Stop loss above the resistance level of 7700.
Looking at the ASX on the monthly chart
Seems like a never ending 10 year bull market
*Years calculated since last retrace in 2008 to current 2019 is 11 years. We are coming to the end of another 10 year market cycle (or GFC)
*I've added an AB=CD (in blue) to price to project where D will end. I've also cloned price for a better visual.
*Target objective is...
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Holding Support At 1300-1320 Sats
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Midterm Targets 1680-2000 Sats
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Good evening everyone,
Snapchat is being a very active stock last week and now we see why,
Price went straight from 20 usd level straight to 5.00 losing 75% of its value in 10 months, now its recovering and people may rush buying it expecting new highs.
As we can see 12.0 level was a previous support zone, as demarcated by green arrows and now rsi is...
I am not some end-of-world theorist, I am just applying Jean-Paul Rodrigue's Stages of a Bubble of the Apple Inc stock.
I do believe that the current price correction is not over, as the MMAR shows that since 2008/09 each correction has been longer than the previous one. And currently Apple isn't even halfway through.
But if we apply the Stages of a Bubble...
At the moment we can see a similar shape double top as the one i showed back in Sept. Eventually it was the ATH so it was a bit lucky on that part. So doesn't mean the same will happen again now, but who knows.
So doesn't mean we crash hard, but we can always keep a part. Stop above the high, would do half now and half at break neckline. Above neckline very it's...
Good weekend everyone,
FORD is now reaching top of our descending channel, just below big resistance as show'd there.
If we look at H4 timeframe we see we are just below 200sma but if we check price action/volume behaviour we can see there is not much suplly on this zone, not yet, and for that i believe ford will try to break resistance, will it suceed? we will...