Special formula to spot buys and sells v1.1 ... buy side amended in related to v1.0... "buys" at green in vertical shade works now better with residual fake signals... the algo results speak for himself take a look for a historical since 2008 and see the signals vs the consequent market reaction if the signals sell and buys are good or not...
As the S&P500 approached its all-time high last week, it was met with massive resistance in the form of more EM problems. I strongly believe you do not need to know current news to analyze price action, because they commonly work together. Price has been attempting to get over this ket resistance zone in the past six months, and has not been able to do it. Whether...
Technical analysis shows NYSE:MCD forming a parabolic breakout pattern which will come to fruition the closer we reach May.
If the pattern fails to breakout, the price may drop to its previous support level of 150.
Stock - NYSE (USA)
Two days we are closed above main volume.
This deal Profit:Risk = 2: 1
Buy = $47.00
Take Profit = $47.80
Stop Loss = $46.49
Take Profit = +1.70%
Stop Loss = -1.09%
Netflix correspondingly fell on Friday, losing as much as $8b in market capitalisation in several minutes of trading, upon Disney’s announcement of its rival streaming service. Ominously for Netflix, Disney is just one of an increasing number of deep-pocked players moving into the video streaming market, all willing to burn cash for years as they grab market...
Markets ended the week on a high note after several major banks kicked off the earnings season with decent numbers. Chinese export data for March also rebounded, bolstering optimism in the global economy.
The S&P 500 gained for a third straight week, up 0.5% as it rose through the key 2,900 level for the first time in six months, edging that bit closer to its...
It's time for a brand new S&P500 analysis.
S&P500 is having a very nice bull train going on and It will continue. All time high on S&P500 has been 2940 points but we will take it a little further.
YELLOW LINE: Broken trendline in the middle of the other two.
RED LINE: The bottom trendline which is the current support IF S&P500 falls.
A strong and stable stock with an impressive performance so far. We believe that this trend will continue with all the good technical points.
The goal we set is the last peak of WALMART was on January 26 where it will create a strong double top pattern.
Entry Price: 98.92
Take Profit: 105