two false breakouts of a major trendline with a higher low formation on Toyota!
it is a good bullish sign to consider and based on that I expect the stock to keep growing to higher levels.
the first key level is 7200
the second key level is 7800
have a great weekend!
As you can see from the chart, 24k Dow should be around the peak before we begin the drop back down to 18k, and potentially 15k as a final price point for the DJI.
Hello guys,
Rich people pumped the stocks in order to sell their positions in higher prices, please dont buy at this levels or you will see a blood bath again in the next months.
I highly not recommend to buy at this positions.
Thanks!
I've explained why I expected a market crash to occur over and over again during the last year. I'll link those posts at bottom. One of my reasons was the "Great Depression Fractal." This is why I've included the Great Depression chart on the left in this post. It's funny how I kept talking about another Great Depression, well before anyone was putting forth the...
Hello!
Please, dont fall in the bulltrap that FED and big players are making to sell in higher levels. The channel is completly bear and it will fall down and down in the next months.
I have my buy area in the bottom.
Thanks.
Regards,
I was really surprised to see the market gap up the way it did on literally no news today but faith was restored as we saw a very bearish close. At one point, I was thinking that corrective wave C may get extended to 0.5 fib level 279 but the market sharply sold off to close at 0.38 fib level 265. Tomorrow's session will be interesting and without any good news...
I am loving this chart here guys, I did a fractal from 9/2017 support up to resistance on June 2018. This channel has been established since 2016 and if my chart is correct WLL
should make a run to re-enter the channel. Even if WLL fails to get back into the channel the upside is massive and there is almost 0 risk. If the oil market does in fact turn down towards...
What a Monday we’ve had, investors appear to have responded properly to unlimited cash components from the Central Banks and the introduction of latest stimulus. This comes on the heel of optimism over the spread of the coronavirus in Europe, where the curve maintains flattening, indicating the worse can be at the back of us. This is great news for the world but...
This is not an inverted Head & Shoulder Pattern. Inverted H&S occurs in downtrend!
Watch out news! Stock markets are in rally!
This is Supply & Demand thing now!
Here is analysis and a comparison of recent moves across the main sectors compared to BTC, we are seeing positive correlation across the major world markets such as Gold, S&P, Dow 30, Nasdaq and BTC which goes against a lot of theories and arguments that have been made for BTC as a safe haven, in the next 2 - 3 months or sooner we may see the argument for BTC as a...
Uranium Futures did a bullish retest of the 200 ema weekly charts and buyers stepped in sending the next week futures price to $27.75, if the 200 ema has been proven as support spot uranium will probably head towards $30
In the technical analysis perspective, the pattern in the S&P 500 4-hour chart showed the M formation & Head and Shoulders . It also kept rejecting to break the price level of 2640-2642 and then break through the neckline. We can understand the previous support now becomes the resistance as the EMA 50 is kept rejected as well. Hence, according to the Fibonacci...
There is no case to sell gold. for the long term at this moment. the market has power to go to find higher levels .
the market seeks to find the point 2078
