Thanks to trend lines, Support & Resistance with some Fib work involved all the calculated risk was put into position and news certinaly bumped us with a much faster result then anticipated but MOST WELCOME!! We are on point, NO LOSSES THIS WEEK!
Note how since the start of 2018 Bear Market we "reverse" all changes after weekends (spikes in either direction if any) to start mondays at roughly the same price level as before or at least retest that level (probably to sync with the futures). We are currently moving in a down channel and are still being rejected by EMAs, will likely bounce down from the...
Dow Jones DJI The Dow was making a little continuation pattern as the last session ended. It still looks vulnerable whilst trapped within the pattern but it's sloping downwards so it still has a chance of breaking higher later. Whatever, it has to break above the upper small falling parallel to follow long back to 24879 initially and then on a break above...
Very neutral, not in a position at all. testing something out and observing price. Yellow line indicated a stop raid, and liquidity pool at higher levels. Strong reaction off a weekly orderblock, and a nice bounce off OTE
I have really worked the TLT Daily chart and would like to share with you my thoughts exactly. Enjoy!