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.
S&P 500 SHORT TARGET 2550 (7%) follow me to stay updated <3
VWMACD is gaining momentum, both short term and long term. Also, ADX is increasing, whilst having DI- higher than DI+, meaning that a bearish trend is forming. In addition, SuperTrend's descending supertrend is beginning to fall. Considering the last few Heikin-Ashi candlesticks have been red, I think it looks bearish.
SuperTrend's ascending line has collided with the candle this hour. DI- trumps DI+, and the ADX is poised to begin a new trend. "Long-term" VWMACD is still green, but is rapidly approaching the negative. In addition, there has a very large amount of volume in the past 3 hours. Also, the price dropped back into the price range of the descending channel (not shown,...
Trends have died down as shown by a static SuperTrend, Near 0 VWMACD, and Below 25 ADX. However, It may be the beginning of a bear market, as SuperTrend has gone to the red and long-term VWMACD has flipped to the negative.
SuperTrend hasn't moved, VWMACD has nearly no oscillation, and ADX is well below 25.
Price is currently being constricted in a triangle with nice accumulation within, we need to stay above $44.69. If history repeats itself then USOIL will trigger a rally soon. Good luck
As noted previously, $ETHUSD recently touched the lower trendline and bounced sharply. On the 8HR timeframe using Supertrend, there's a Bull signal setup on $ETHUSD if close > 300.59 Also looking for Bull signal confirmation on CM_Ultimate on 8HR Chart. The 4HR Bull Signal has confirmed on Supertrend and CM_Ultimate. Currently, there's consolidation in the...
Greetings Fellow Traders - I've been getting many questions about where EURUSD is headed, when its going and how its going to get there. The answer is as complicated as you want it to be. There is quite a bit of waiting and patience involved in trading the currency markets, the post I made regarding EURUSD was in reference to what I called a Super Trend, a weekly...