with the influence of big tech companies rising i foresee a potential aggressive break of the facebook empire and gvt will come down heavy on them with new regulations and limitations on what they have power and control of
Do they play around with bears? is this a massive bull pennant ready to explode to 4k? Check all the companies that announce earnings this week for hints!!!
We already have multiple formations like Inverse H&S, Bull Flag, Cup & Handle and now we have this one as well... The stakes are high and although i am not a US citizen i have a feeling that Trump is going to...
I know we posted a long. On here. Free channel milked the long then took a short. Closed for Friday NFP.
Looking now we have potentially a short position coming up.
Trump got covid, but shared he is doing well, so reduces the chance of uncertainty which then some fundamentals point towards gold going down just like the charts.
Remember just because we post...
Price is in a daily range, as we look at the weekly bulls seem to have weaken based off of last weeks closure. todays daily has failed to make a new high. buy entry is based off of a 4hr bearish engulfing candle at current daily resistance levels. pure speculation analysis based off of last weeks weekly candle.
Looking at the monthly EUR/USD chart the confluences are more so evident. The Stochastic Oscillator showing divergence of the lows. Price currently sitting just below the 61.8% Fib retracement, You can see the ascending channel beginning to form with our 1.3900 handle target being confluent with channel resistance and the D2 Fibonacci extension -61.8%...
The SPXUSD (the perpetual contract of the SP 500) is somewhat of an indicator for domestic US investor sentiment. In comparison, I consider the DJIA to be an indicator of foreign capital flows to the US.
The US appears to be triggered by the nomination of a Supreme Court judge, or rather, the slander and innuendo associated with the nomination... and despite all...
DXY Technical Strategy: Keeping bullish outlook but temporary correction due
Elliottwave Count: Nested impulsive count, wave 4 correction is due
DXY (Dollar Index) is trading impulsive in post election session and able to break channel resistance. We were calling reversal from 19-Aug-2016 and looking for 100 levels during August...
DXY Technical Strategy: Keeping bullish outlook
Elliottwave Count: Nested impulsive count
DXY (Dollar Index) is trading impulsive in post election session and able to break channel resistance. We were calling reversal from 19-Aug-2016 and looking for 100 levels during August month. Current count is suggesting more upside towards...
November is turning out to be a GREAT month.
Here we have a bullish gartley on the 1D chart.
Yes, another harmonic pattern in a trend channel...
Given the trendline, we might want to look for price to go a little past the PRZ zone, but then we are definitely looking for a price reversal.
The measurements for a valid gartley pattern are detailed below.
Nice M pattern in down-trending pair. Setup chart in the 1H, Trigger chart in the 15M for a potential 60 PIP gain. This technical info coupled with over outlook of a weak Aussie and a Bumped Trumped dollar, probability of downtrend continuing Strong.
large drop in gold flowing to risky assets during Friday indicates downward pressure on gold
RSI(14) forms hidden bearish divergence where CCI reach lower than -200 level. Only "Sell" position would worth reward-risk ratio but WAIT! for the pullback. ADX is lower but still more than 20, implying downward pressure on gold does not violate long-term upward momentum...
last basic upside trend (b) to (C)
after great red comeback in the midterm elections 2014
- it seems like, that the us presidential election 2016 results
are a creating a new basic scenario in the DOW Industrial @ monthly
technical buying SetUp
above 18000 Buy (lonterm)
under 15400 Sell (lonterm)
Classic BreakOut while July2016 (green...