------------------------------------------------------------------------------------------------------------------------------------------- My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is...
------------------------------------------------------------------------------------------------------------------------------------------- My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is...
Good morning, Chart allowed us to mark a Bearish wedge as trend continuation pattern. Although even if price will brake the pattern we should look very closely on the price move around MA100 and local support zone. For safety reason I would recommend opening positions in the correctional movement after firm break-out. MACD indicatior is not giving us a 100% sure...
S&P500 difficult to analyse now, wait to reach 2800 or 2690. When the chart breaks 2800, it could be interesting to open a long with (longtime)-target 2880 and when it breaks 2690 it looks like we can focus on 2640. In between bollinger bands now, fluctuations expected and not interesting to open a position now....
Possibly will do a one more high. And then go down.
All is bear warning ! Attention, the market is in a phase of downward trend, a crash is inevitable. Attention, le marché est dans une phase de tendance baissière, un crash est inévitable.
short at 2777 to target 2761 before next tuesday is 160 pts if big postion is a good deal why very simple much overbough in short time time frame as h30-h1 and h4 and also rsi bearish divergence in h30-h15
Here are a lot of lines cooking. According to the A/R Set (dashed blue), the time seems ripe for a turn to the south, indicated by the yellow down sloping Fork. In it's way to the yellow Centerline are a couple of natural support lines, like the orange A/R-Centerline, creating a confluence with the pink Trendline. A break of this dashed orange CL' would...
From this point the price can fall back (retrace) to 2.735 or even 2.693. But also it it possible the positive trend climb further to 2.791 or 2.827 !! Not the moment to decide now. Let's wait the week to close and let's see how Monday starts. The news around steel and aluminum taxes are calming down....
After the 5th wave of the C wave, expect a fast and big drop. but wait to see for a reversal pattern. here is a cheat sheet to use. pegima.com
Are you guy ready for another big drop :D. wait to see some reversal patterns before entering.
I think we'll see the correction in the near future about 15-20%. Supports / resistances levels: 2700 2580 2400 2180 1950 also the VIX looks ready for impulses to the new peaks.
Chances are, the market will open green, as it rides on bullish continuation from Friday's bounce. However, we aren't out of trouble yet. RSI will become overbought, and we have not yet made higher highs. Expecting a bounce from one of the resistance levels I have charted. Will be ready to switch to a short position by midday. SP:SPX
Huge sell off on tap again. 2714, 2722ish and 2730ish is big resistance. I expect another massive sell off. It will 100% go test what was gained from this weeks low before any chance at new All time Highs. Short this pig.
ES hitting support. Looking for a quick long up to test somewhere between 2766 - 2774 before another epic drop.
Very risking! Plse, do not trade! But soon Bulls can reach 2850.00 - 2900.00. Best regards, team traders "Powerful Traders"