Implications and Outlook 1. Still appearing like the market consolidation phase predicted for the first six months of 2018 for SPX Index was right on positive track. In this period, we've not only witnessed the bottoming of the stock market but also the low price in for the DXY Index. Even though prices are shifting away from the day's highs as the week's trading...
The NIFTY has been due a major correction. Something seems to be happening.
As you can see there seems to be a lot of resistance on the downside for SPX 500 to fall towards my target price, but I believe in Drama's and not just easy trades. I like the story in the charts which has been given to us time and time again. The momentum is towards the upside as it has broken the major trend line but that does not mean we will not break it again...
Take profits from $BPMX this week. Reinvest into $AKER after FDA approval. Take profits afte $AKER and reinvest back into $BPMX for longer growth.
GER30 DAX short from overbought stochastics and failing RSI below 70 on H4 SL 10800 T1 10500 T2 10400 Please make your own analysis and please share your views, especially if you have a different idea! Cheers, Sinatra FX myspace.com