Daily Chart Explanation:
- Price is on an Ascending Trendline.
- Price is, one more time, facing the ATH Zone.
- Bearish Divergence on MACD on each New High.
- If price starts its down move from here, it should retest the Ascending Trendline and, in case it breaks it, there is potential to move down towards the Support Zone.
Daily Chart Explanation:
- Price bounced on the Resistance Zone.
- It is near the Weekly Ascending Trendline.
- If price breaks it, the down move will be started. It has potential to move down towards the Middle Support Zone first and, then, towards the Support Zone.
- We are looking for sell setups on lower timeframes.
FED INTEREST RATES( FRED )-Extension(PART 2) to the US (SPX) Sectors Technical Analysis Series - 18th of August 2019 (9-10 Minute Read)
Everyone complains about the FED rates. That's our only job, it seems. Judging by his tweets, no one has been more eager to express their dissatisfaction, than Pres. Trump(bit' of sarcasm).
This is Part 2- of an extremely...
'I'm absolutely flying now. The ball looked like a beachball travelling in slow motion to me and the Worcester bowlers are in bits having worked so hard to get us to nine down only for Tuffnell to thwart them.'
That's a line from Phil Tuffnell's (the famous English cricketer/Question of Sport jester) biography.
I played cricket and was pretty decent at schoolboy...
The announced program of liquidity support in the market from the Fed was not reflected by the growth of the index.
In advance of trade negotiations, China announced that it would not raise important issues during the discussions and would leave the United States ahead of schedule. This suggests that negotiations are unlikely to succeed. And the negative...
Episode 9/11: US (SPX) Sectors Technical Analysis Series - 31st of July 2019
Brief Explanation of the chart(since everything is labelled on the chart): (1 minute read)
First and foremost: The XLRE Index was formed very recently(2016), so obviously due to the lack of data this analysis should be seen at most as informative. Now, let's break down the...
Hope this idea will inspire some of you !
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Today we are talking about a possible demarche by the Irish Democratic Party and, accordingly, the text of the treaty that could be not approved. Therefore, the GBP movement stuck. On the one hand, growth needs to be continued, because on brink of Brexit deal, on the other hand, everyone suddenly realized that the deal still has to be approved by the Parliament of...
Last week we had the following numbers:
U.S. crude oil refinery inputs averaged 16.0 million barrels per day during the week ending September 27, 2019, which was 496,000 barrels per day less than the previous week’s average. Refineries operated at 86.4% of their operable capacity last week. Gasoline production decreased last week, averaging 10.1 million barrels...
If the USA-China trade war is not resolved. That should strike Australia 's economy.
Idea of selling. Goals three. Most realistic goal №1. Most optimistic goal №3.
Attention, We don't have stop-loss. If the price rises, we 'll look for a place to sell again. Or we will modify the position.
VIX: Volatility Index-Extension to the US (SPX) Sectors Technical Analysis Series - 17th of August 2019 (9 Minute Read)
As it can be observed from the chart, this is an extremely complex(Premium) volatility analysis. The purpose of this chart is to evaluate the probability and the timing of the next recession in the short to medium term.
Now, let's breakdown...
indigo is down by 10% from its recent swing high..now indigo is hovering around its support level..we can long at this level ..we will keep stop loss at 1697 and target at 1900.. this is swing trade keep note of that
A drop in Gold post CPI numbers on Thursday before a small push up on Iranian oil tanker early Friday morning to trendline again before slamming through our strong support now turned resistance.
I would expect to see a retest and then another push down to complete the movement, either today or next week.
Since the trade war started, investors were anxious to see an agreement between USA and China. But there is one huge problem, if we analyze SHCOMP behavior since 2015.mid, it will become quite obvious that China has overdebt problems. Earleir this year Chienesee Central Bank had to bail out at least 3 major banks.. Since 2018 major newspapers were publishing...
This week, markets have completely focused on the negotiation process between the US and China. We will closely monitor as well as the dynamics of safe-haven assets, which fully correlates with a market statement regarding the outcome of the negotiations.
It is already obvious that the success of negotiations would affect gold - a decline in the are of 1420 +/-...
Let me clear some things up: I am not a day trader. So, my charts are what I see from a swing trading perspective. I look for opportunities that might not play out today, tomorrow, or even next week. Rather, I look for opportunities that I think might play out anywhere from today to a month (or a little more) from now. Not long term, but short to mid-term... I'm a...