SPX to provide good zones for timing when to invest into stocks with a break of 23.6 fib and moving onto 38.2 and 50 fib.
One year on $VOOG using Ichimoku and MACD. Take a look at their holdings and decide for yourself. Top holdings include $AAPL $MSFT and $AMZN
I had a strange dream last night where I saw all of these weird channels on the long-term Dow chart so I thought I would try to recreate what I saw. Most likely is meaningless garbage but I thought I would do it anyway. Another thing this could be telling me is to stay away from spicy food before going to bed!
Stock sits at a key support/resistance area that was relevant for 3 years following the Great Recession. I'm looking for price to show me some kind of reversal pattern (Double/triple bottom, H&S, etc.) on the lower TF (D/4H/1H) and a break of structure to take a swing to the upside. If support breaks, I'd expect for the stock to extend losses before find buying...
Yesterday the stock market touched SMA 200 as well as the yearly pivot. Also the last candlestick is a bit doji-like. It may be an indication that we can start buying the stock market.
S&P500 has been on a rampage ever since its low of $800's back in 2008, but is the market out of rocket fuel? Well, it seems that way. If my analysis is correct the S&P500 finished a 10 year 5 wave bull run and its now on its way back to at least a 50% correction. Target for me is $1500
Recommendations for opening positions on binary options: 1) HIGH - The first hour after market opening 2) HIGH - Until the end of the day and until the end of the week. The main reasons: - The daily chart says that the next candlestick should be green at that price level - The Support level all timeframes is confirmed - The technological sector is...