Hello traders and analysts, Here is our take on the S&P 500 and the Russell 2000 Small Cap. It is important here is to note; that the peak of the hull for SPX has hit our island zone where price has shown a full retracement in the V shaped recovery and extended a little to provide great returns for long investors and over offered market conditions. The cycle to...
EUR will go on at least 2 Months go UP it may go to 1.2 or even to 1.25 or it may stay in a sideway channel. It might go down as well but before the end of October it is very low probability. On Weekly and Daily charts EUR confirmed uptrend by crossing downtrend line so its confirmation of strong trend reversal? But on the other hand RSI goes down, price up...
hello Traders, this is a monthly analise, 2 patterns spotted, diamond bottom & ABCD with TPs arround 200 and 400 buks. Time frame 9-12 and 12-16 month away. Pre-US election pump tp arround 96-106 buks. not financial advise, trade safe
It seems a little strange that all of the mainstream MJ stocks have all started back up the ladder as of 13 May 2020....not sure why these are all lined up but I am liking the CALL action!!
hello traders, Today at 2.00 H we witnessed a huge selloff witch triggered massive sell of and liquidations across exchanges. Hope you did ok., me i missed the dump by 30 minutes. Never mind, now i plan to rebuild positions for the long run to 13-16.25K. If it goes there or not, is not a question me thinks (anything higher till elections it will be a surprise) I...
Hi everyone,gold rised to 1649 on .5 percent fed cut rates and its getting ready to start its second bearish rally to 1680 on first target and 1640 on second target. have a good time wish you luck.
Trade Set up - In theory, tactically shorting the ‘Aussie’ around 0.7100, targeting the psychological level of 0.7000 level would make sense for technical trades, given the entry would be aligned to a strong underlying trend. That said, the big picture and set-up on the daily makes us cautious to take that trade, in fact, we would look to initiate a long entry if...
This chart illustrates the performance of the S&P500 index after each mid-term elections in the United States. We can see that since 1950, in the past 17 elections, the S&P has grown in the months that followed in 16 of these occasions. The only exception was after November 2002, when the index suffered -17.62% losses in the months that followed. The rest of the...
As noted in the chart provided, the downtrend persist but that can change sooner than later. The chart shows that November 1st will be a key day, for the reason I will explain below. The weekly DJI chart shows a bear market trend with oversold Relative Strength Index (RSI) and near to support levels. Also, as noted in the chart weak hands have not been washed...
#XAUGBP #GOLD #GBP Scenario in US elections 2 high probability zones zones
The US election is taking place as I am writing these lines... As a protection, a lot of investors and traders are willing to add some gold (or silver) to their portfolio, which sounds like a great idea because of the uncertaincy of this very particular event. But on that strategy, you should be careful to the one you are picking, weither you go for long or short...