DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
GENERAL ELECTRIC COMPANY, ISHARES MSCI EMERGING INDEX FUND, MAGNEGAS APPLIED TECHNLGY SOL INC, SPDR S&P 500, ADVANCED MICRO DEVICES, INC., UNITED STATES OIL FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
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BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
$77.00 appears to be a sweet spot..
Late night messing around with charts.
Chart shows everything.
4 hour closed above MA9 ergo -and RSI seems fine. Ergo -I went long.
Bulls should look to stay in their swing trade until we drop out of the green channel. Although we would expect consolidation soon, resistance is around $51.
Look to take half off if RSI or price breaks the current trendline (GREEN) and decide whether or not you want to let the other half ride.
Shorts should see entry points next week, but be cautious as a ...
Just bought /CL 49.52.
Stop below Fridays low. New highs the target.
Will add to the long at .38/.41.
You can wait for the 50.13 resistance to break to go long
or go long now and have a stop at 47.52.
However, there seems to be a better risk/reward if you go
long after 50.13.
Be patient with this kind of setup since it's a daily chart.
Also, I'm new so please trade accordingly.
USOIL still in correction wave but the price can back again for testing the broken support... the most important thing is not closing down the daily trend line to complete this pattern.
Charting Usoil is very bearish right now.
Trade at your own risk.
ALL IS ON CHART
WAIT FOR SAFE PRICE ACTION AND POSSIBLE NECKLINE TEST. OIL ISN'T HAPPY WITH DOLLAR MOVEMENTS. SO IT THE DOLLAR TAKES A BREAK FROM IT'S PUSH, OIL MIGHT GET A BOOST.
I say, trends in silly moneymaking funds like USO and UCO, UWTI, etc are a great way to get rich, but as my great grandfather said and his great grandfather before him, "Always know where $50 is."
This chart is meant to show you exactly that in relation to USO.
Why does USO do this funny little contango dance around oil? Why, that's for another post my boy!
Current algo targets (red circles) Crude algo intra work sheet 645 AM Dec 2, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo Considering the fact that a recent time / price cycle has expired algo targets are considered "soft" - waiting on confirmation. https://twitter.com/EPICtheAlgo www.compoundtrading.com
Diagonal trendlines are critical inflection points (blue). If one is breached you can look to pull-back to next diagonal blue trend line 90% of the time. Crude algo intra work sheet 617 AM Dec 2, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo https://twitter.com/EPICtheAlgo www.compoundtrading.com
Caution shorts. Support held. Crude algo intra work sheet 334 AM Dec 2, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo. @EPICtheAlgo Diagonal trend line (blue), Fib line (green) and alpha algo line (red dotted) all held.
Upper Fib ext testing now. Calculating upper targets now. Crude algo work sheet FX $USOIL $WTI #oil $CL_F $USO $UCO $UWTI $DWTI #OOTT #algo
2 Gartleys back to back?
Just a thought (for the time being)
Held monthly tenken-sen. Going up to 200 sma/ema monthly
If OIL trends the way i think it will, it'll be a coincidence in regards to the OPEC meet at the end of November. I just want to get that part cleared. :P
Short term speaking we're looking close to a bottom here at these levels. RSI divergence, 3 wave correction, and possible MACD crossover all signal buy right now. It will be interesting to see how Sunday night ...
This was too sweet to ignore.
Bullish BAT harmonic pattern forming on GUSH. Look for retracement to 50% minimum at $79.62