This naturally rimes with the Nasdaq signals and with the overall global equities outlook.
Here, two opposing forces are the most significant factor;
1) The unfolding (and enduring!) USD strength - Downward pressure ;
2) The massive, continuously inbound (to US) capital flows , primarily from Europe - Upward pressure .
Driven by the rapidly unraveling ...
Rejected from top of descending channel with double top figure.
Closing under the 1-day 50MA and Supertrend.
Opening Boiler Bands with a down move toching it.
1s Targer 3500 - 50% fibonaci level and bottom of last move.
2nd Target (Main Target) 3200 - 61.8% fibonaci level.
3rd Target (REKT) 2760 - 78.6% fibonaci level.
O TODAY IS THE 26th DAY OF February
4:33 p.m with Uzbekistan time zone.
NICE GREETINGS FROM CENTRAL ASIA, UZBEKISTAN FOR EVERYONE DEAR LADIES AND GENTLEMEN OF THE MARKET.
SO RIGHT NOW I'M GONNA SHARE WITH YOU SOME ANALYSISES FOR THE NEXT WEEK.
FIRSTLY WE'LL BEGIN TO ANALYSE FROM AMERICAN INDICES AND EUROPEAN INDICES ALSO ONE ASIAN INDICE.
THIS CHART IS AN...
Stoploss =4412 trailstop= 16.00 point
in coming day sp500 can go up or RANGE (AC or stoch 7.4.4 on 4hour chart show this ) if it can break high,can touch 4470 - 4520 (fibo extention,projection show this ) so until break low(trend) looking for buy in deep is clever idea
break low 4366 mean downtrend can start will crash sp500 minimum to fibo 61% (sp500...
Guys it is probable now, that we might have and extended first wave count !!!. Comparing
2009's bottom and Covid's bottom we have very clearly identified two sets of Elliot counts
one is Text book count (2009), and the other is since Mach's low and it is still in progress !!!
Both are for the RSI (Not SPX's price ) . If this plays out, it would be just insane...
As can be seen in the graph, after the pandemic, it collected rapidly and it seems that it will continue the rising wedge movement to the end.
If the targets for the future will not be 4000+, we can see a very sharp decline as a result of the rising wedge formation from here. In this sense, it would not be wrong to expect the prices to fall back to 3000 levels...
my break trend stratgy
draw all trend line and support on weekly,daily,1hour,15min chart
charting.godmode-trader.de
after practice you must see on gold 9 tp 1 sl and on dax 3sl 7tp(dax manner is zigzag,gold is super trendy)
USE ONLY SMA200 (simple moving avrage) on gold AND EMA200(exponential ma) on dax
EMA 200 (sma200)in 15-60-1440min is very very...
stratgy = always put buystop on last clear high (15min or 60 min ) sellstop on clear low , stoploss for buystop=last low tp=3*sl
frist try it in demo for 3 week
BEST SELLIMIT PLACE
ON SP500 STOCH 5-3-3 IN 30-240 MIN IS VERY IMPORTANT
AC 30-240 MIN IMPORTANT TOO , WHEN AC240 IS GREEN MEAN TREND IS + LOONING FOR BUY ,BUYSTOP ON HIGH
AGAIN FOR 5 TIMES , 60MIN EMA 200 (GREEN LINE) IS TARGET ) , XETRA GAP WILL CLOSE THERE
ZIGZAG FDAX WILL CONTINUE
BE CAREFUL IF H4 HIGH BREAK WE WILL SEE ALL TIME HIGH
