Here i only see a 4HR Trendline .. Im expecting it to go a little bit more down because of the dollar index.. dollar index is getting strong and im expecting the trendline to be broken .. again Im not trading in between those levels.. if the trendline hold the support im going to go for longs if not im going to probably look for a break and retest and go short..
$BBBY has posted better than expected earnings taking price higher pushing beyond the projected PEAD cone with the latter projecting a Neutral outlook until the next earning.
$PEP is trading on the higher boundary of the projected PEAD with the EPS projecting a neutral outlook for this stock
We still hold a neutral view on EURUSD as the currency pair has been showing some short term weakness in it's attempts to rise above key resistance above 1.18. Additionally, the continued impact of the coronavirus on the Eurozone economy and US stimulus could put downtrend pressure on the currency pair therefore for the moment we hold a neutral view.
$CUK is looking for a neutral move since earning which was less than expected, price is currently trading below the lower boundary of the projected PEAD giving some room for a move upwards.
We still hold a neutral view on Gold as the precious metal has rebounded back up towards the base of the descending triangle pattern it formed at $1928. We are awaiting for to see if prices will consolidate above key resistance at $1928 before considering a long view. This is because we believe there could be significant upside in particular with uncertainty...
$PAYX is trading beyond the Projected EPS cone after a good earning result, with PEAD projecting price to return lower to trade within the boundaries of upper and lower lines
• Reached the target price from the pennant formation which was built up beginning august • Short-term and long-term upward trend is still intact • It is up to you stay long or to take the profit
Because Ether has not broken above 350 with a retest and resumption on the 8hr, I am still neutral. Initially I thought it would have a flash crash down to the long term trend line, but now it looks like it's just heading sideways until it hits it, and then should resume upward. It is still below the 20 MA so no buy signal yet. Whatever road it takes to get there,...
$VEEV continues its Neutral to bullish move trading close the median line, trading well within the boundaries of the projected PEAD Cone.
$EXPD pushed higher well within the boundaries of the PEAD cone since the last earning, with a Bullish move within the projected cone trading above the median line.
We hold a neutral view on the Dax as the ECB indicated today there would be no change to monetary policy going forward keeping Eurozone interest rates on hold and continuing stimulus. Additionally, the index has consolidated around long term resistance above 13,000 as we await significant price action at this level before forming a directional view.
$DG is trading almost perfectly within the projected cone after the last earning day, trading just beyond the mid line, As EPS Momentum puts the stock into Drift B category (Positive Over-Reaction)
We still hold a neutral view on EURUSD despite 50 day moving average at 1.180 being above the 100 day moving average 1.176 as we wait to see if prices will consolidate above key resistance at 1.18 before taking a long view. EURUSD has recovered over the past few trading sessions mainly on the back of US dollar weakness and non farm payrolls came through at 661K vs...
just waiting for the great break . if the market breaks the resistance we have to buy because the market will rise , or if it breaks the great support the market will go down . guys if you have any suggestions or advices leave it in the comment as well dont forget the fuking (like) , i'll be happy
Gold - Could see one more push lower to finish 5 waves down if it doesn't go any higher now Alternatively, it finished wave A of higher degree Y and is making wave B now, so, it's best to just stay out of this move (unless day trading ofc).
EURUSD - Bouncing off the noted VWAP zone. We also got A=C. Let's see how it will behave once it touches the orange zone resistance zone.