TVC:SPX and AMEX:SPY are still forming triangle, and when it breaks we can expect that move in the direction of the breakout would be rather strong. Nevertheless, for low risk entry (though also with much more uncertainty), trade may be attempted right now with stop just above previous high @294 and target as far ~275 area. Again with such tight stop the...
Nice running flat formation here. The .786 doesn't seem to be holding so the best target is the 1:1 (which is typically a standard target). Could happen tomorrow or Wednesday, when the fed's July meeting minutes are reported. I'd recommend getting into position by tomorrow though because we could have a big jump in the opening price on Wednesday. Target = $15.25
As you can see, I don't think the world is ending as many have said, although we are about to see the large drop in the market continue into 2020 and possibly for the next year or so. I recommend using the VIX to make some money as that has been working for me because you can profit off of people's overreactions. I have my retirement plans completely in cash...
After a retest of the resistance zone that carries the high of the year and the all-times high as well, US markets are subjected to selling pressure. Volatility is to be expected at the end of the week with US major news like the initial jobless claim, the GDP annualized or the G20 meeting. NAS100 and its correlated pairs are likely to move to the support zone...
On the release of their recent announcement, AMD decided to make a move up. In the near term it should do a gap fill. My personal entry has been marked in red at .618 fib and the targets are the blue levels
Strong play as OLED's earning come near, breaking 130$ resistance should take the stock to 150$, looking at an easy gap fill....
Price pullback to the breakout zone. Here is my long trade set up. stop loss is done wrong on the chart. It should be slightly bellow .236 level
DOW JONES INDUSTRIAL AVERAGE DAILY CHART 10th October, 2018 Back in July 26th we expected the recent sharp drop. As showing in the chart this could be or even get better level to buy for eventual all time high target around 28000 area during the forthcoming weeks.
Index is safe until 24935 is not breached on closing basis. At current level one should long near the lows with tight SL placed around 24875. A close above 25050 would be a safe indication and bulls may come in soon.
This is the NASDAQ graph ranging back from the late 1980's. We are due for a HUGE market correction. Prepare for one of the worst financial and economic crashes the U.S. has ever experienced with the next year or 2. We will see a lot of market upside for the next few months - year. Once this over extended market completes its cycle, phase 5 should take place and...
I've done ideas on the DJIA and the SPX, but I haven't really looked at the entirety of the US market. My prediction is in the chart. I put my thoughts on why it would go down on my ideas on the indices. I think it'll be a mix of political factors (Trump's idea of tariffs), people moving to bonds, and overall fear of the market as it has stayed bullish so...
Do you like to live dangerously? If the answer is yes, you can work on this set up. Potential short set up is forming in Dow Jones and it is counter trend. You can make money but it carries much risk too. Trade extra small. This is the kind of suicide trip but it can get paid well too. 23,000 as ultimate target. Trade Safe, s0nic
Hello, everyone! Dow Jones INDEX:DJY0 is forming the bullish wolfewave. If the price goes South within the indicated borders of FIBO fan (38.2-61.8), it'll shape the classic WW pattern which represents an interesting opportunity as potential long setup. GL All and profitable week!
The chart says everything!