Upside opportunity towards 15 euros for Deutsche Bank. On the weekly we have a positive divergence both on the RSI (also on the monthly) and on the Chaikin Oscillator. Possible retracement in area 10 euros. Volume Profile confirms the resistance levels.
Here's my modest attempt to identify S&P 500 Supercycles.
The chart shows the S&P 500 (monthly bars) since 1872 on a log scale.
Maybe it is not as bad as they say, and we are currently "just" in the Supercycle Wave 2.
Before us would be the longest Wave 3. Hopefully that's true. I can dream, can't I? ;-)
Here we saw at 1.30300 area a trap of bearish , but broke again now we can long from here to the first resistance of 1.31200 , and do not forget to put stop lost on it , we already took big profit from tthis pair at past week ... this analyse for the person who has position on this
trust for this transaction %83 ...
I'm so excited.
The Eye of the Cryptuminati sees a trading opportunity! To achieve this, the supertrend has to turn to green. Personally, I'm not getting in until then.
Over the last three years, an oversold situation in the RSI has led to subsequent price gains. Sometimes there was another test, then it went out again and again. Now we have...
Technicals are pointing downwards. Bulls are realizing that this business won't be easy to survive despite the technology offered being cool. This is definitely a high risk high reward case with the risk side showing off recently. Movie theater stocks are also showing bearish momentum. Another future dilution will tank this hard.
Silver still in laterality in the short term. We wait for the completion of the triangle and its break to open a position. A downward break is expected, with the formation of a new bearish impulse wave, according to Elliott's rules (5-3-5-3-5). Like it to have new updates
Looks bearish to me. Bitcoin broke the important $9500 support last hour. Next support is $9000. ADX is increasing in number, to be more specific, it crossed 50, which indicates a very strong trend. VWMACD is also gaining bearish momentum.
ADX has crossed below 25, indicating no or weak trend. Supertrend has stagnated. MACD has a low magnitude (not very high in positive or negative direction). These are signs that the current bear trend has ended...for now. While it's possible that the bulls may take over again, it's just as likely for the bears to start another, new bear trend. Happy trading!
ADX is poised to grow to over 50, which means that the trend is a very strong trend. additionally, the supertrend continues to fall and VWMACD continues to gain momentum. If the 10K support does not hold, we could be looking at a drop to the 8500 support.