#VEA esta peleando con la resistencia del canal de largo plazo que tenia. Punto a monitorear.
Hi guys, I will be presenting a trade idea that is of a much larger scale. This trade idea involves predicting the next recession - something that is at the back of almost every investor's minds. I will be proposing an open trade at 45.06, which is represented close to the fibonacci 0.786 level, a stop loss at the 51.94 level (which is close to the previous...
Clean impulse and pullback, wait for the price going up
The 1-year moving average is starting to turn bearish on a move to revert to the mean (3-year and 5-year MA). This will present a buying opportunity at different key levels, depending on your patience and risk profile.
Ref. price: 43.83 $VEA I see rejection at $44, today closed below the sma50 on 2.72x average volume. Looks like a good spot to short with a max risk of 2atr (14) stop on close.
Logically pulled back from resistance. Buy breakout, or buy bounce from blue support if it gets there.
Since the start of 2015, FTSE developed market has been outperforming US market. Very close but no breakout yet. Note the divergence between price and indicators.
It broke out last week and looks like it will be able to sustain it this week.
So far all is still good. 10 MA and Red lines have to hold next week.