CNBC news: www.cnbc.com One Chinese stock could forecast the global economy’s next move. Key points: Alibaba “stock started rolling over in very early January before the Chinese stock market did and certainly before the global economy started to slow down. So in other words, its weakness was a good leading indicator to tell us that the coronavirus was...
US30 will continue upwards towards the 2400 level. If price closes below 2410-2450 then we can assume a resistance level and trend to continue to the downside. AGAIN, intraday to the 2400 level then possible short. Feel free to comment your thoughts.
i learned a big lesson from R. N. Elliott the founder of wave principle- impulses consumes more price rather than time and corrections consumes time rather than price. i a market drops quickly and rises slow you should consider it as a downtrend and vice versa. so to speak one may come up with the question that US stock market dropped fast in the past 10 years...
Hello world, I have found a symmetrical head and shoulders pattern finishing up on CURRENCYCOM:US100 . Don't really have more to say. Stop loss for my trade here would be the 5x ATR, which is about 260 points. All the best, c4ss10p314
White Fibo - Draw from High to Low. Following the main recent down trend. Blue Fibo - Draw from Low to High. Following the recent correction of the down side move. Market is now consolidating. Will be looking for (1) Break to the upside, taking liquidity, before moving down (as shown in chart). OR (2) Price rejects from 61.8% and goes down. My overall sentiment...
Hi Guys, here a comparison mirroring EUR/USD vs DXY . Please share your views or comment and if you have any questions please do not hesitate to ask. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely...
Hi Guys, here a comparison mirroring DXY vs EUR/USD. Please share your views or comment and if you have any questions please do not hesitate to ask. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for...
The reasons for the markets getting out of “hibernation” are an active news background interspersed with the news. Recall, it was launched by Trump's decision to impose tariffs on steel from Argentina and Brazil and at the same time accuse these countries of currency manipulation. What was perceived by us as an expansion of the trade war and a possible beginning...
smaller time frame analysis of the long position with a 1:54 r:r bitcoin long position
possible long on bitcoin,could be this the next big move on bitcoin ? lets see remember money management is essential
for more information see my previous analysis on S&P 500 using this link: i think SPX is in a correction starting from red line a drew and it is like a triangle or a flat. but it is not a simple zigzag. as i said before SPX loves to make Flats! after all, SPX should see a wave down atleast. happy short.
Short Oil @ 57.8 and ride until $55. OILD entry: pullback to 19 or breakout @ 22.5
Head and Shoulders could be forming at the daily chart . A lot of noise surrounding US economy. China trade war was already bad news for the currency and then Mexico talks this weekend. After bad month opening for the equities market. I will be expecting a retracement back to the neckline caused by oil rise and then short. What do you think? Is it a valid formation?
Alot of fundamental aspects are in play with the US30 right now, so adding technical analysis on top of your knowledge on this indice will give you your own feel of confidence when you see the set up i have here. Multiple confluences with the 61.8% and the 161.80% on the swing downs with the fib. will look to see this potential move happening over the next few...
Hi Guys, the above is to provide a rough narrative of the last 20 years. What was happening during the 2007-2008 Financial Crisis was scary. We were on the verge of a severe recession according to everybody and extreme measures had to be taken. Pump money, tighter control and let's move on. And if you look at the results IMHO CBs did an excellent job to save the...