Hello Traders! Today’s chart update will be on LTCBTC where it failed to break the 200 MA, putting in yet another lower high in the bear trend. Points to consider, - Bearish structure - 128MA current support - 200MA is Major resistance - Stochastics topping out - RSI hitting support - Volume below average Litecoin, overall has been putting in consecutive...
Recorded from my laptop in a lunch break - so turn your speakers right up. I'm stalking the DJI carefully for any sign action. This is a market built on hope and false confidence. It can't go on forever. Disclaimer : This is speculative opinion - not advice. If you trade this market and lose your money, kindly sue yourself.
In continuation to my previous chart on XETR:DAX , there is a continuation of the bearish divergence. This a signal that price action is not appropriately being reflected in the indicators and may see a halt or correction Like I Said, I went through some data crunching and found the below interesting observations that make the current upward movement by DAX...
Here's the results from my statistical analysis for Light Crude Oil Futures (CL) on the weekly chart. LIGHT CRUDE OIL FUTURES (CL) STATISTICAL RESULTS DATES: 02 Sep 19 / 06 Sep 19 CLOSING BETWEEN (at 06 Sep 19): 52.70 - 57.28: 71% 50.41 - 59.57: 94% 48.11 - 61.87: 99.50% P.S. This indicator is not for sale and will not be published. DISCLAIMER:...
So was I surprised by this 800$ crush? were you surprised? if you followed my ideas so far then I guess not... - We hit again and again into the 4h cloud resistances which included sma200 and ma200, we created many strong resistances... - Bulls had 1 last chance (Like I called on my last idea: ) to prove themselves that they can break these resistances, and for a...
We welcome you by the last DAX analysis of the month. We expected a downside yesterday with lazy price action. It was pretty clear shortly after the open that the volatility was beyond laziness. The price sliced through the support of 12 368 like a knife and within two hours, Dax stretched its range to some 170 points. Today we open with an ascending gap. ...
SYMC is at the bottom of a bull flag trading range and in the midst of an expanding triangle. Prices have been volatile the past two weeks, with gaps up and down. Both sides are fighting for follow through. The bulls have a slight advantage because we are near the bottom of a bull flag trading range. The bears need a strong breakout below the 16 higher low. ...
TSLA reversed up from a failed bear breakout and sell climax. The bulls have closed the exhaustion gap and created several potential breakout gaps around 200. The bulls now have a 60% chance of creating a second leg up and test of the middle of the upper trading range around 300. The bears need a strong breakout below the 180 higher low. The probability of...
Friday's price action ended prematurely, soon after the session opened and Dax fell by some 80 points. Following was a sideway movement and closing in the middle of the intra-day range. Today we open with an ascending gap which might soon be closed. Important zones Resistance: NIL Support: 12 277 Statistics for today Detailed statistics in the Statistical...
There was no resistance formed at Friday’s close. On the other hand, the support level laying at 11 620 that we spoke about in previous analysis functioned as expected. We found a new low here and the control was taken back by buyers who took the price towards the resistance at 11 788. This price zone was also mentioned in our yesterday’s analysis and it turned...
The last session of May closed in red numbers when the price continued its drop in the descending gap direction, just as we anticipated. Those last few bearish days erased all the gains from the past two months and we are now in the territory where the price was at the beginning of April this year. This confirms the known theory that bulls walk up the stairs,...
As we anticipated, the support level of 11 861 held the price pretty strongly for the entire session and didn’t allow sellers to go any deeper. The gap was then closed and the intraday trading closed priced 11 918. Important zones Resistance: 11 861 Support: 11 735 Statistics for today Detailed statistics in the Statistical Application Macroeconomic...
Bearish momentum continued yet for another day in a row. After the open, Dax took a south direction and the price reached the support level of 11 861 without any problem. This level was retested a couple of times before the price eventually closed there. Yesterday’s price action took us to the low formed on 01 April. Important zones Resistance: 11 986, 12...
Bulls were facing a sad scenario yesterday as the selling pressures continued through the gap closure. The price stalled lower at the support level of 11 985. In the end, bears broke out that zone and Dax closed on its intra-day low at 11 965. Important zones Resistance: 12 063 Support: 11 861, 11 922 Statistics for today Detailed statistics in the...
For yesterday we were more supportive of the buyers, but their strength didn’t last long. The sellers were able to correct the growing movement and eventually, Dax moved sideways. We closed at 12 064. The last trading hours were absolutely without volatility. Important zones Resistance: 12 142 Support: 12 064, 11 958, 11 922 Statistics for today Detailed...
For a change, yesterday’s session was in the hands of buyers. We first found some sellers at the resistance zone of 11 956 and they pushed the Dax some 50 points lower before buyers stepped in. Dax is opening with an ascending gap today. Important zones Resistance: 12 139 Support: 11 946 Statistics for today Detailed statistics in the Statistical...
The blue line is most probable. Since no recession, the red line is very unlikely and the orange line is also unlikely. The green line seems to be losing probability fast.
Since no recession, the red line is very unlikely and the orange line is unlikely.