Turkey Stock Market has reentered to the Trading Range. Even though there might be some consolidation in the Demand OB, current structure indicates this downward momentum won’t stop until reaching the Range Low and gathering the enough liquidity.
Please let me know if you have any suggestions...
What do you think? For any of you that follow my research, you'll understand that this chart (including the projected down arrow) would indicate a complete collapse of the Global captital markets and present a "washout" of valuations across the world. Could it happen - you bet. Will it happen - unknown at this time. My research suggests a down trend will...
From 10-8-2019 CNBC Article
The father of the yield curve indicator says now is the time to prepare for a recession.
The yield for the 3-month Treasury has been above the 10-year since May, a condition known as an inverted yield curve that has predicted the past seven recessions.
“This is the time where you need to reflect upon your strategy."
Monfex is at your service and today we overview AAPL.
What do you expect from Apple ?
Loud presentation, nothing special, no new products, no revolutionary technologies... Stocks simply continue to grow, the artificiality of this growth is very felt.
On the chart, we see how a small bullish flag was formed, inside a large ascending channel,...
Here is my update on TLRY price action.
Previously, I thought $34-$35 was bottom but I did not pay close attention to the weekly RSI. Around 3 June 2019 the weekly RSI did not reach 30 levels or below. Last week RSI got much closer to 30 but I still need to see 1) lower RSI (somewhere below 30) or retesting 30. So, I expect to see a downward trend in price for...
Master (Pure) Charting Analysis: no indicators, no fancy drawings; only Pure Logic and 10 years of Experience.
* SP500 consistently rising on strong fundamentals, favorable ambient background and inflow of cheap money into the stock market.
* There are no technical signs of bullish attenuation or weakening yet .. until we see the Volumes are being...
Early last year DJI hit a double top with a bearish divergence on the RSI and MACD on the 1W chart as seen here. 1 year later DJI is now printing 3 highs at and even over those price area at this very moment! All time highs are slowing going up in a rising wedge formation on 3 consecutive divergent moves from the MACD on a larger time frame. It is reaching a ...
We are bullish on Alexco Resource Corp(AXU) and will buy at current price of $2,71 with a Stop Loss at $1.23.
The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security.
To the extent that this material discusses general market...
Ethereum's (ETH) price tested the Weekly Candle Close in range of ($189 and $196). The Colored zone is playing the role of a strong resistance level that will stop the price growth and forced to retrace in a downward direction to find support to hold on.
Fundamentally last two weeks Ethereum's (ETH) price dropped more than 25% for a short time. BTC had a drop of...
i can see a three wave up it is definitely an ABC correction or a new impulse wave. i counted apple right now as a corrective wave because it has reached its previous resistance.
i will enter in a short position at 213 because in that case two things will prove to me:
1 the trend line of diagonal triangle is broken
2 wave 4 have entered wave 1 territory (the wave...