DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
GENERAL ELECTRIC COMPANY, SPDR S&P 500, ADVANCED MICRO DEVICES, INC., ISHARES MSCI EMERGING INDEX FUND, DRONE USA, INC, INVESCO QQQ TRUST, SERIES 1
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
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
- Above support, 2 EMA
- Candle: Bullish
=> Continuous upward
SPX500 is approaching its support at 2601.6 (100%x2 & 61.8% Fibonacci extension, horizontal swing low support) where it could potentially rise to its resistance at 2814 (100% Fibonacci extension, 61.8% Fibonacci retracement and horizontal swing high resistance).
ASX is approaching our first support at 5586.0 (Horizontal overlap support, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 5908.9 (horizontal swing high resistance, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support and we might ...
Gold remains bullish above $1195/96 levels, with immediate price resistance seen towards $1235 levels. Bulls could be looking to push through $1235/36 levels, before producing a meaningful retracement lower. Please note that the metal should remain above immediate price support at $1195/96 levels going forward and a safe trading strategy could be to buy on dips ...
Nikkei 225 is approaching its support at 20892 (38.2% Fibonacci retracement , 100% Fibonacci extension, Horizontal swing low support ) where it could potentially bounce to its resistance at 21940 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance). Stochastic (89, 5, 3) is approaching support at 7.7% where we might see a ...
Last week More gold comes out
New trading opportunities
Nasdaq 100 is in the process of executing a massive rollover TOP from NDX 7700.
It is already down over down 1000 points since 10/1/18, and shows no sign of abating.
It is only going to get worse,unless reversed,as MOMENTUM has be set loose to the Downside.
I would only advise that you should get out of it's way,
because the Bearish Pattern Construction is VALID ...
- Gold has both broken out to the upside as well as retested its bull flag continuation pattern
- Price would now need to break the important 1225 resistance region to confirm further upwards momentum to come
THIS IS NOT TRADE ADVICE NOR A TRADE CALL
Hi Guys, this is an update of my previous post...just to check how it is going.
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading ...
- US oil looks to be forming within an Ascending Triangle pattern
- This pattern is known to be Bullish
- Forming at the bottom of the significant bear-trend may be extremely good news for Oil bulls as a reversal may be on the books
- The fact price tried to make a break lower thus invalidating the pattern and failed is more good news
- For price to confirm a ...
Trading Bias: Short
Technical Strategy: Double Top + Resistance Zone
*Will look for sniper entry on 5m/15m charts*
XAUUSD / TECHNICAL CHART
The Gold fractal is still in full play and there is a good chance we might break upwards and start to break the high from a few weeks ago. The long positions is still in play and increased last week when we broke that triangle around 1215/1218. Now i am going to sit and wait to see what will happen next. I will increase this position even more but i might wait ...
Quick plot to see how these targets work out.
Should get a bounce at one of the green zones, but lets see.
This is an update to my longer time frame analysis, expecting more drops : https://www.tradingview.com/chart/SPXUSD/D11WxsTS-SPX-bear-scenarios-S-P500-may-take-one-more-dip/
Another ascending triangle has formed right after the previous one.
Two possible strategies:
1. Wait until the price breaches 1225 and then take long position to 1236
2. Risk takers may short with small lot at around 1225 if resistance holds.
Trading Bias: Neutral
Technical Strategies: Support Channel / Rectangle break
*If we make a strong bull candle off the support channel upside targets in play. If we break and close below the support channel then downside target in play*
Just closed SQQQ Call options here, this is a simple trendline play, Legacy markets love using these old long term trendlines and I would be extremely surprised if we just ignored it and continued down without a bounce. I think we'll pump aftermarket today or tomorrow latest.
I'm not worried about stoplosses here, just buying some call options that either will, ...
Dow Jones Industrial Average Pattern
suggests Considerable Downside Risk
if there is a CLOSE below 25000 this week.
DJI 25017 Cl on 11/19/18
Massive broadening TOP pattern is IN PLACE<
On rare occasions in market history,
,the weight of the pattern in place,in this case the broadening top,
causes the walls..to come tumbling down,..
on those, who have not ...