📈 What are we seeing at the moment? The SNP 500 index broke through the resistance line and headed up! Our "four screens" system gives a "buy" signal. You can see the levels on the chart.
Let's remind you about the rules: a maximum of 2% in the risk transaction and the need to have a system, as well as a plan to exit the position (we will not write about this to...
Times like these where we are up 1000 points and down 1000 points generally are followed with a huge move "usually" in the downward direction.
Look back at 2008 , 2000, and 87.
Not "professional advice" of course, just saying to be careful as we dont know what more there is to come from this virus.
bubbles left right and center. crypto, housing, cannabis. be ready for a great dip. probably the greatest buying opportunity of our lifetime.
everyone saying buy the dip but eventually, but that doesn't work out so well every 10 years or so
This is a graph of the Dow Jones adjusted for the strength of the Dollar. As you can clearly see we were riding pretty high for a really long time, maybe "The Greatest Bull Run" of all time, but all good things must come to an end.
I know most of you guys are aware of such,
yet, i tried to categorize the significant similarities of distinct behavior phases of DOW Composite, throughout the last two loops..
If the blue arrowed far-east originated falls are not a coincidence, we might already have seen 'the roof' of the decade..
,and a downfall may be witnessed by the end of this year.. (or...
A weak daily closing below Monday’s high of 6344 could be a signal the index has completed basic 5-wave structure.
A weak closing on Wednesday has already signaled a bearish price-RSI divergence.
Bears should observe caution as selling is likely to gather pace only if the daily candle closes below 6344.
Intraday dips below the same followed by...
Esperamos ajustes en los bolsas de USA debido al ciclo de alza de tasas de interés de las FED así como una toma de utilidades, mientras no rompa la resistencia no hay señal clara de continuación alcista.
We hope adjustments on USA equities due to the cycle of rising interest rates the Fed and profit taking, while not break the resistance no clear sign of bullish...
A very short note here regarding the Dow Composite Index.
Using proprietary patterns, an unusually narrow potential zone of reversal is defined. All of these can be verified by major or minor Fibonacci levels as well.
Both mean and average are defined as well. By reverse engineering a Fib-based retracement at the 38.2 significant level, this would...