Given the correction of the previous trend and the formation of an uptrend pattern for a period of 2 months, it is not difficult to predict an uptrend.
This time is AMEX:SPY / AMEX:UST which compares the U.S. stock market with the U.S. bond market. So, right now is heading to test a very strong resistance in 5.20 points, while for the last few weeks is been divergent from its RSI, all "selling signals". Normally when this quotient gives this signals is because the stock market is losing strength and a...
I believe we will start to see USD back on game... We are under trendline (3 candles below confirm trend) ..I believe next week candle will be above trendline... Trump is not an idiot.. He needs to be elected in Nov... We might have a doji candle on weekly ...that means a possible trend reverse... Plus Eur/Usd pair might have also a shooting star candle (trend...
KNC/USD was on the huge move last week and has been ATH $2 since 2017 then started falling and rejected to fall below $1,55 three times also was rejected from resistance at $1,78 three times too Now its moving up and as it looks in the graph, if it passes above $1,67, it's next target will be $1,78 If it is rejected to pass above $1,67, i think this time...
Over the past week, I posted a few make-it-or-break-it key inflection levels to watch as I felt we were at a key inflection point in the market. With the benefit of hindsight, it is clear by now the trend is negative as $CL1! broke below the $50 handle as did $US10Y which broke below key levels set in 2012 and 2016. After what some have termed as a negative 5...
Price slowly grinding towards Trend Line. As we discussed in premium chat, till the end of the week we can see test of $9.1-9.4k zone, then breakout upside of Descending Triangle, masses are bullish, price goes down rekting ppl hard. Technically, BTC is ready to make a move, on 1D chart volume dropping. Price is below resistance, and failed on test. In 2 days we...
If negative rates are set to accelerate, it's important to look at the corresponding treas. performance over the past year.
Open a short position after the first time line. Targets 10800 10400 9700 Stop loss 11300
I see a little 3 percent up to form a double top . Pull Back to take the effect of the rising wedge. After that we are out of the compression. New cycle can begin slowly. Happy trading. Try to catch at purple lines . Try to sell at yellow or green lines
ltc ltc coin will undergo a correction to the pivot point attentive for an advance purchase respecting the bullish channel and drawing an AB-CD pattern
FED announced balance trimming. The technicals perfectly match that decision (always a matter of disputes between tech analysts and macro analysts). We got large correction before and broke below it. Now the price made a perfect pullback to the broken line shaping my favorite Bear Flag pattern. Watch to sell on breakdown.
Analysis of important data ametrics for 13 December fed rate hike based on fedwatch - fed funds futures - > www.cmegroup.com COTs data used: non commercial long and short data as % of open interest ...
10 Year US Bonds find support and break their downtrend line. UST has reasonable liquidity. I will open a half position in my 401k today.
End of Week Summary: 1. On the week we saw risk outperform safe havens for the first time since the brexit vote and the SPX and DJ30 set new all time highs by 2% and 1.2% respectively - somewhat encouraging given this was the longest period post-crisis that equity indexes have had since new highs, with a total time of apprx 1 year. 2. Given the articles...
It still pays to long stocks, short bonds
Price kept coming down inside this down trending channel for the last two years. 1,618 area gave two long entries, first being the most successful so far and second being the most safe and low risk due to double bottom and bullish divergence at the end of March. Major obstacle now, after broke the upper channel line, is the last known overhead supply, that is...
Been following this chart for a while, as a possible healthy/sick performance indicator for stocks. The SPY/TNX ratio is diverging for the last two years now, and If I read correctly this chart, it's not stocks healthy for sure. Of course can be diverging for ages or even centuries in this economic recovery miracle we all live in, until already built in energy...