Weibo ($WB) looks to be in a nice dip at the moment. I'm awaiting news regarding the trade situation with the US / China and that will determine the future of my decisions. It is trading below the 255 day linear regression 2x standard deviation line currently, and looks to have possibly formed a double-bottom.
I assume this isn't news to most of traders while I write this, but macro-economically Commodities are a buy. Having been beaten down over the last 5-years the broad basket is on the rise. Anchored by rising oil prices, increased flight to fear (gold, silver), and the presence of an emerging inflationary pressure. In this chart, there is an evident bullish...
ALL TALK? NO ACTION? SPX SP:SPX
1) American indices SP:SPX YM NQ broke out thru the falling triangle today but still waiting to see the close.
2) Volatility is low now but you know what happenned with bad news #Trump #Tariffs #TradeWar #ColdWar
3) Above the downtrend line (yellow), still remains 3 interesting resistances: 50 EMA , 100 EMA & 38.2%...
BTCUSD BITFINEX:BTCUSD COINBASE:BTCUSD CEXIO:BTCUSD
MAKE IT SIMPLE. In spite of the infinity of tools and so many analyzes that seem spectacular, in the end are useless.
BTC
Wall street still waiting for SPX ES1! consolidation, not the best moment to take position, sentiment is not good and many doubts about NEW issues: Trump, geopolitical risk,...
SP:SPX ES1! SP1!
ALL TALK? NO ACTION?
Supports levels had worked and futures ended in positive territory yesterday, after all many experts believe that these announcements of #TradeWar are a door to open negotiations or the real effects of these anouncements will take some time, but will see.. take a look of these points:
1) $spx SP:SPX Could broke out...
SP:SPX SP1! ES1!
ALL TALK? NO ACTION?
Complex battle continues and still is not a clear direction, economies collapsing?... not yet, take a look of these points:
1) Actual 200 DMA of ES1! is 2590 (PINK).
2) All support becomes resistance, but actual 200 DMA (2590) had been crossed over many times.
3) Yesterday at the session end, futures indices...
SP:SPX ES1! SP1!
BE CAREFUL, IT'S NOT ALL BEARISH , STILL REMAINS BULLISH SENTIMENT, MIXED OPEN
Complex battle is coming and still is not a clear direction, take a look of these points:
1) Actual 200 DMA of ES1! is 2589 (PINK)
2) All support becomes resistance, in the last 12 hours ES1! had touched at least 2 times the 2589 support
3) Yesterday...
ES1!
After resisting several touches during the last month has been maintained and hold, but every time there are more doubts and uncertainty for the accumulation of negatives issues like Facebook, Trump, Amazon, Steel Tariff, China Tariff, Trade War, etc ... too many things in 3 months.
If what remains of 2018 continues like this will not take long to...
Every day I drive by a car shipping port in Richmond, California. When I look by I see whole lots of Tesla's getting ready to be shipped to Asia. Tesla has a big market selling products to Asia and owning a Tesla in Asia is a big status symbol. Yes, the trade war is mostly FUD, but if trump does follow through with the tariffs, Tesla could get hit hard. With the...
The HSI seems to be forming a double top on a long term chart. RSI has broke its trend, suggesting weakness ahead. Also facing headline risk with trade war noise. Shorting in to strength for a longer-term bearish play.
CAD should outperform NZD over the coming weeks. Constructive NAFTA news suggests that the US may be getting closer to an acceptable agreement with its trading partners, which should lead to a continued re-pricing of the trade risk premium. Risks to a more dovish RBNZ continue, with the new Policy Targets Agreement likely to add a second employment mandate and...
So with a strengthening oil , why are we having a downtrend , the markets have not yet decided thus I will wait to see , where the markets will move , then I will take a position based on that .
We recommend selling AUDCAD targeting 0.9914 (50-day moving average), with stop loss 1.0150 (above recent highs) for a total reward-to-risk ratio of 2:1.
As discussed in Asia Pacific: US tariffs: A minor setback for now, 2 March 2018, the steel tariffs reinforce our view of AUD underperformance on the basis of late-cycle domestic dynamics, and an expected...
Price Action: Markets have consolidated for a month into a triangle after a long sustained rally. Expect continuation higher after what should be seen as a healthy market consolidation. Inflation fears drove the initial sell-off which was anything but healthy, but markets recovered and sank again on fear of tariffs and trade wars, lastly boosted by North Korea...
A clear break below $108 support level which now becomes resistance targets the $100 support level. The selloff in US Treasuries and trade wars are bearish for the USD, combined with the risk-off environment that the tariffs rhetoric sparks off points to a bearish tone for USDJPY.
This level might be the bottom in this pair. Trump's tariff announcement might have created a negative enough sentiment to form a bottom here.
From Zerohedge: "Canadians have had a tough time of it recently: they are getting inundated with illegal immigrants (thanks to Trudeau's welcome) and not benefitting from the wholesale emigration north that so many...
