The S&P500 opened and closed below the lower support line of an uptrend channel. This in itself is excuse to sell or go short, but generally you want to see 2-3 days of price below or above a channel before considering it a trend shift. Most likely first level of price support to watch for if price does head lower is $500. Nice round number and a psychological...
With the soft landing, we expect the fall of GOLD yet investors are buying/bought before NFP as well.
From the perspective of SK System gold has beautifully tested the WC zone, and if the zone is respected the price has the potential to hit our profit zone, and if not respected it may continue to complete its sequence above.
From a price action point of view,...
The bigger picture of AUD/CAD looks bearish.
The price is consolidating between the high and low of 1996 and 2001 as a major swing high/low.
After breaking a swing low in 2001 price attempt to break a high in 2012 has failed. Since then every swing of the price has persistently broken the previous low.
The secondary sequence has respected the WCL zone created...
The overall structure being BEARISH, I expect the price to break the previous low and retrace the B zone. If the Tertiary Zone is respected, the price may fall down; Referring to the historical chart since 1953 >> chart Here
drive.google.com
After breaking the all-time high sequence at 100% for a correction and TDI Divergence at Daily/4H timeframe.
Furthermore, price as respected in the B and WCL zones; hence, the price has the potential to reach the targeted profit zone.
I expect the price to complete the sequence. This sequence is at the 100% Target of Primary Sequence.
I would confirm the entry with divergence or crossover at TDI.
The video includes a full analysis of Swiss Franc Futures.
The price is continuing its BULLISH structure BUT approaching the probable reaction zone.
Rather than a Trading Signal the video is an observation of the opportunity to trade.
Weekly, Daily, 4 Hourly
TDI indicator made 2 dow break down, ready to fall.
Entry trigger: Waiting 4h price dow break down, and on the pull back up, enter short.
Note: Dow break means structural break.
The largest player in cannabis without having the risk/exposure to the schedule 1 plants and cutthroat competition in the sector, SMG, has broken out of a falling wedge pattern with lower PPO and TDI indicators that are close to turning bullish.
All eyes/ears are on the Senate as a vote on Safe Banking for the cannabis sector is expected this month....
I'd call it a bad day for Bitcoin, but when compared to the altcoins today Bitcoin is doing well. I suspect that traders are dumping their shitcoins across multiple exchanges as the SEC lawsuits against Coinbase and Binance have traders worried that their cryptos will be delisted, and/or that they might not be able to get their shitcoins or cash off of the...
i have made or altered the showing scrips.
TDI on top with minor and major shark fin alerts EMA cross and altered mid line cross alert.
mid has two verry modified scrips
First is Two BB 200 and 30 EMA or SMA with alerts and channels and KC channel pull backs crosses and exits for varying uses and William's vix fix highlights and 5 ema's engulfing candle with...
Bitcoin has broken above the 200-wk price average near $25k and is now testing $28k. The current price candle is yellow indicating extreme bullish trend behind price.
The lower momentum indicator is still flipping bullish with green signal line rising above the 0 level, still waiting for the purple base line to rise above the 0 level for increased bullish...
$25k has been the hard top in Bitcoin recently, with a nice floor being put in at $20k.
$20k price support stems from the high set during the crypto bubble in 2017/18 and has historical value. $25k price resistance is coming in the form of the 200-wk average, an average that Bitcoin has never closed below let alone trended below before in the chartable price...
