Here it is, up cluse and personal. This is the Put/Call Ratio 14 day RSI. - A highly reliable indicator of 93.8% accuracy. Dump ALL risk assets - including the highly correlated Precious Metals!! - here! The raw PCCE Here is the VIX ... and the FAANGs ... and the AUDUSD ... and the USD (DXY) ... and Gold Just how many more clues does one really...
The S&P500 reached our target-box in yellow and dropped like a stone. The impulsive sell-off confirms our primary scenario. Our next target now resides at 3262 points, bevor the bulls have a Chace to push back. We give the scenario in which the market stabilizes, in the range of 3262 - 3075 points, a probability of 38%. Should the S&P500 reach the blue target...
Good morning traders, cadjpy has created an abcd pattern (ab leg equals cd leg) and is forming a descending triangle in H4 chart, we' d better to wait a breakout of the triangle before opening a sell trade . in that case the stop loss could be set over 77.45 and take profit at the beginning of c leg. Fundamentally this pair is correlated with investors mood...
FXCM's USD index, USDOLLAR, has moved into clear risk-off mode. The left chart shows the daily time frame. The index has rejected off of the black 20-day SMA and is moving down. Moreover, the SMA is starting to turn lower, whilst the RSI is also below 50 (blue rectangle) and is suggestive of a bearish momentum. The right chart shows the hourly time frame. Here,...
The left chart show's the daily chart of FXCM's dollar index, USDOLLAR. The instrument is holding support at the black 50-day moving average. The RSI is also looking to cross above 50, which is the bullish side of the oscillator. The right chart shows the hourly time frame. Here the RSI is already bullish and if the EMAs start moving upwards (green ellipse), the...
After a nice pull-back on EURGBP which is an overall bullish trend, we expect continuation to the upside in this pair! Lets go! happy trading The Trading Regime!
This obviously isn't a technical analysis, but an example of what a blow-off would look like if it is indeed what we are going to experience (and i strongly believe we are). We know that bitcoin is a speculative bubble, we know what a speculative bubble blow-off look like, we know that a bubble that takes 10 years to appear can blow-off in just a few...
I know that it may look a little saturated, but if you are serious about investing in AMD (which is a good idea IMO, but not at this moment), look closer and you'll find a lot of useful info. TL;DR: 1) Rally triggered by the launch of Zen2 processors got exhausted. 2) RSI divergence on both, weekly and daily charts. 3) Upcoming earnings (April 17, 2019) not...
Sell AUDUSD, expecting AUD weakness ahead in the coming weeks. Current risk sentiment and haltering economics could harm the aussie.
Here a good time to update the EURCHF as we break through the 1.062x lows as sellers are aiming for complete capitulation of their opponent (as far as the flash crash is concerned there is very little in terms of support here if we get a daily breach). The plan was (1) Forcing further selling EURCHF: (2) The extension leg was released and sellers advanced in...
Before testing the 200 average weekly our EUR will test the 61.8 FIBO which I see as a great continuity pattern ....
In today’s market insights video recording, I talk about EURGBP and AUDJPY FX Minors. Euro is affected by a report that a phase-1 deal is highly unlikely by the end of this year as the Chinese want rollbacks pushed to May 2020 and the US Congress just passed a bill supporting Hong Kong protesters; going against China again!? Safe-haven flows were also increasing...
We're getting very close to breaking out of the trend line going back twenty years to the 99` bubble. There have been multiple attempts over the last 2-3 years. Trump/ Fed keep lowering rates and want to continue the "expansion". I assume they will be successful and we'll have accelerated growth until 2020 Presidential elections. I expect 3600-4000 SPX before a...
HELLO everybody TRON losing his selling power Smaller swings, a LOT of divergences (both from RSI14 and MACD 3-10) which makes me think the trend is about to correct. It looks like we also broke the discending support (for the bears) and / or falling wedge formation (orange lines) with a decent burst of momentum, which could be identified as a Kick-off ,...