Hi guys and gerlz! Since the world has stepped into another armed conflict, this time in Iran, assets which historically store value begin to get stronger as investors fly away from risky ones. Looking at the weekly XAU chart one can see that major resistance levels and zones are being broken particularly overnight. Major resistance 1558 has been successfully...
Financial markets faced a sharp surge in concern. The Fear Index (VIX) soared (+30%). The Argentine Peso lost the same amount of its value yesterday. It is all about the populists in Argentina. Well, it is quite interesting how many times you need to fail again and again to understand one thing - that is a bad idea. Tsipras and Greece again on the brink of...
SPX bounced on the 200MA on 1 Week chart. Huge support. Should have caught this before. This looks like a good bounce, but we are no where close to going back to the bull run. We are currently on a trending resistance. I'm no genius, but going back to basics - world market is in crisis, US debt sky rocketing, we broke the parabolic rise of markets and all markets...
DJI is expected a death cross this week on a 1D chart. With the shaken world economy, this does not look good. I expect some more downtrend or may be in the bearish territory - hope i'm wrong, but always better be prepared to hedge.
Death Cross happened already and there are short signals everywhere! Random walk down with dead cats all along the way!
Hey tradomanaics, quick a nice overview if the current situation of S&P500! Bulls feel the pain? Yep.. it was painfull for those who are long. BUT - That was nothing! :-O Check this chart and see where the real PAIN is waiting for us.. or the PROFIT? AS we can see - there is still a lot of space downwards before we reach the real paniczone! ;-) So calm down...
MSCI World may rebound at ~83.5$ / ~82$ New lows with good divergence, always good when looking for reverse action.
Analysis of % market cap of europe and america vs the world ... money.visualcapitalist.com
We ve seen an unstopable bullish market sice trump election. 15 ATH straight ahead without any healty correction. We can see some moves in bond an housing markets. It is possible that we see a new crash like 2008 in worls stock markets. Last week first short test caused by Hang Seng index drop over 600 points, also ther a possile doubel top formation. RSI D1...
This trend is going very bearish and gaining momentum.
We got ECB set, and USD moving steady as planned. Oil is setteling as well. All this gives gold price a reason do decline. Daily chart shows a big Engulfing candlestick, which is a quite negative sign, -with shadow outside the upper Bollinger band as well. I would wait to see how the price behaves closer to the middle band, before going long which is the main...
SPX500, DOWI, JPN225, HSI all index complete Gartley bullish pattern , it will be a bullish trend. There will be a small reverse head-and-shoulder in hour charts. This year in April, people say 'Red Moon' come big drop, fault message at all and it give big impact on bullish trend. Today is the fourth time 'Red Moon', most of the message spam ask you to cut lose...
Our entry has just been executed while I was on a conference call here about an hour ago. The wave series has completed and begun to push up into the profit region, it is likely that the market will continue to rally in the dead hours of the day being that the Us markets began a correction of about 35 points today. I had originally placed my entry at point 4,...