Hi Guys, the divergence with RSI does not mean EuroStoxx will drop. It only shows that despite sentiment declining, index value keep going up. Where are the opportunities? Please share your views and comments below. Thank you for your support and for sharing your ideas. Cozzamara Disclaimer: Please note that I am not a professional trader and these are my...
Hi Guys, I see this... What do you see? Please share your views and comments below. Thank you for your support and for sharing your ideas. Cozzamara Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute...
This is a simple chart showing the performance of the S&P500 under each President since the Ford administration is 1974. As you see contrary to popular belief, the stock market in modern times has done (much) better under a Democrat President. Bill Clinton has had the strongest performance with more than +200% in gains from the day he went into the office till...
My focus on DJIA is on the 1D time-frame where the RSI is approaching the 77.000 Resistance. This is a 5 month old trend-line and it appears that with all the positive fundamentals involved, the rally can be extended until this level is tested. An even more interesting find is that every Top since the March meltdown, is on (or near) the -0.382 Fibonacci extension...
Pattern: Higher Lows on the 4H chart. Signal: Buy as the index rebounded not only on the former Lower Highs trend-line (dashed line), but also on the newly formed Higher Lows trend-line. Target: 3660 (just below the 3675 Resistance). Recent S&P signals: ** Please support this idea with your likes and comments, it is the best way to keep it relevant...
This is an interesting position. Anything is possible. No advice is given. New traders may need to study these patterns and practice on paper trading accounts. Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any...
Isn't that true? Since the index broke above it on September 28, the MA50 on the 4H chart has been the most reliable buy entry you could get. So far (counting yesterday) this happened three times. I've mentioned this potential on a few studies with the most recent one as seen below: Technically every Higher High on this Channel Up is on the 1.382 Fibonacci...
The 4H position on the AUS200, could be an advantagious exploit for a controlled affordable loss. 1 - The Aussies tend to follow the DJI and USTech 100. 2 - But there is usually a time lag of between 30 mins and 2 hours. 3 - The DJI did a major leg down but the Aussies barley flinched after a major bull run yesterday. I've seen it many times, where they catch...
Despite the turbulent news regarding the upcoming presidential election and the uncertain economic recovery, the bullish scenario remains intact. The index has hit the 29k region and is still going strong. The 29k points was the first target from the last Dow Jones Update. Should the bulls break out of the yellow target box, above 29559 points, the path for a...
DJI is trading within a Channel Up on the 4H chart (RSI = 55.798, MACD = 115.900, ADX = 32.013) since late June. Today the MACD made a red cross, the RSI has already since Aug 11th hit its Resistance, and it looks as if the Higher High is priced in. We are expecting the price to touch the 4H MA50 once again around 27,100. ** If you like our free content follow...
Pattern: Channel Up on 4H. Signal: (A) Sell as the RSI got rejected on its Resistance Zone. Wait for the MACD to cross in order to open the position. (B) Buy if the 28160 Resistance breaks. Target: (A) 27000 (projected contact with the 4H MA50). (B) 29700 (+14.50% rise from the Higher Low). ** Please support this idea with your likes and comments, it is the...
Pattern: Bullish Megaphone on 4H. Signal: Sell as the price is close to the Higher Highs trend-line of the pattern with the MACD flat. Target: 3320 and if 3310 breaks, extension to 3270. Most recent S&P trade: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView...
As we see on the chart last week's candle is bullish. I expect this week or next price to reach All Time High.
If we see a risk on sentiment reflected in the Australian stock market today we could see the AUS200 push to new quarterly highs. This setup provides a risk/reward of 2, with a generous stop size.
Pattern: Bullish Megaphone Signal: (A) Buy as long as the 3200 Support holds, (B) Bearish if it breaks. Target: (A) 3325 (just below the Higher Highs trend-line), (B) 3150 (just above the Higher Lows trend-line). Most recent signal: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
S&P is trading within a Channel Up on the 4H chart (RSI = 43.121, MACD = 1.310, ADX = 35.999) and is right now testing not only the 3,200 Support but also the Higher Low trend-line of the Channel Up. This is a bullish signal which we are taking and will close within 3,275 - 3,292, which is practically the Resistance Zone. If however the 3,200 Support breaks, we...
S&P500 made a (near) Double Top on the 4H chart marginally breaking the 3,240 Resistance but failing back below it quickly and is now consolidating (RSI = 58.904, MACD = 10.230, ADX = 31.641). We may have an Ascending Triangle in the making, which even though a break above 3,242 is possible (look at MACD), there are more bias to the downside, namely the 4H MA50...