S&P 500 Potential Buy Set-Ups Clear continuation pattern as it rinses out every stale bull who jumped in at the first big impulse wave upwards and on the wrong side of this now...should make a sweet double bottom or close to - the first long is a speccy buy with stop either under today'slow at 2615 or at lowest under that last low to left of chart at...
Bullish price action may see new swing lows @ 106.989 area in a few weeks? as the pair has consecutively made Lower highs and lows. 1) Break and retest of trend line 2)strong resistance levels @ 114.467 area + downside moving averages for further confluence for continuation of bullish trend conformation 3) Daily candle closed as an bullish engulfing previous...
Looking at the daily and weekly trend, AUDUSD is clearly in an overall bearish market. After hitting lows of 0.6830 during mid January before heading back up, AUDUSD made a clear stop at 61.8% fib levels on January 28th. Could this be the signal we've all been waiting for? A beautiful spinning top could be seen forming, and what I can expect from this pair is a...