(Note: DOWT is no longer in a bear market after rallying the last two weeks)
2015 was suppose to be just another year of the epic bull market created by reckless central banking policies. Some Wall Street estimates for the S&P 500 were as high as 2,300. Me? I projected a contraction to 1,810 in mid-January.
Whether or not the SPX will reach my target within the...
1/ with the recent formed downtrend
2/ Broke TL + retest
3/ Tested the 130.000 weekly resistance
4/ Bounced of the 50% fib.
5/ high test, followed by inside bar set up, followed by another high test
6/ 50 & 60 EMA's bounce
Aud/Usd Remains in a downtrend but we found support @0.75600 ish level and price found balance,
we formed a minor range between 0.7560 support and 0.7914 resistance , where price broke thru resistance
but price traded back into the broken resistance, however its not over for the bulls as the up channel is still intact
and if we find buyers we may...
The double top of yesterday broke down, although it did not go straight down to 240, we were able to take profit. Unfortunately that same pattern is not visible on the huobi charts, where there was a weird head and shoulder / triple top-ish pattern. Nevertheless, all charts where pointing down.
Today I use BTC / CNY on huobi for chart because it illustrates a...
It looks like the rally in bonds is finally done because it had 3 legs up and is forming a potential M pattern. The obvious target is back down into liquidity at the 200 sma. What this means for the market is that it should have a strong rally to finish off January in a positive note and a positive tone for the rest of the year. This final move in bonds...
UPS gaps down today into the daily unfilled gap and major demand. This kind of gaps are one of the best type of gaps to trade as this very often invite retall traders to add to the initial direction from the gap and is selling into objective high risk demand levels where price action has earlier shown an unbalance in supply and demand. This is a typical mean...
The DAX is currently in a very strong resistance zone. In fact many of the largest stock indices are also in the same position please also see my trade on the FTSE (Global Equities Turn-Around)
It has touched this level 2 other times this year, we have seen several retracements on the dax this year and this seems to be where it stops the...
Key Hidden Levels indicate that BBRY is having an easy time rallying and is set for a move higher, with a wide stop.
There is a Key Level up at 12.50 that I am targeting.
Buy dips to 10-9.80 and look for a move to a new 52-week high in the near future.
Earnings due 9/26
Tim 3:09PM EST, Thursday 9/11/2014 10.73 last BBRY
NOTE: Subscribe to Key Hidden...
MArket was too over confident. But if you keep an ear to CB's managers ie Draghi, Yellen and other, world economy is in a good path, and even if it is not, we will ease the monetary situation and continue to provide liquidity.
But because of the correction the market is facing, VIX may move upside in order to hedge the short position on Indexes.
On on purely...