At the close of last week, we saw a bounce in major indexes. After creating a downward channel, the price broke out on the Russell 60 min chart. We can now predict the next movement.
Thank you and Good Luck!
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Here are support and resistance levels. Close above 2292 would confirm it's intention to move higher. Initial target is overhead resistance trend line and then 2500. Close below 2161 could indicate short term trend change.
Todays drop, as expected is to the bottom support line of the ascending triangle that has been building up. I think this is a great time to get in early on the breakout. If not you could go with the flow, and wait for the market to top the resistance on high volume and break through the highs. I see a big market move coming later this month or early next month. I...
Indexes are clearly bullish . Untill market shows the opposite reaction we should take consider the current momentum.
Now, we have to find a proper palce to get in the trend. If price tousch the key levels which referred in the charts, hopefully it will be great opportunity to take consider!!
In case of, H&S neckline will be broken, deeper correction can be...
on April 15, I did a thorough analysis of the market for my private subscribers, asked them to close all their positions, and predicted the market will be challenged in the next week and small-caps in particular. I offered them to buy inverse ETFs to benefitted from the negative market ahead.
Today, I asked them to buy TWM..! so far +5.4% gain in a single...