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US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Mohawk Industries NYSE:MHK seems to be on the way to a long-term short target of $60, based on a 1:1 ratio projection from the $286.85 top in 2017.
After the steep fall yesterday we've opened with a downgap today. That's why I expect a further decline.
Might trade sideways in the very near term; but risk/reward looks appealing here given technical setup.
Sometimes happens when the stocks don't follow the trendline, a free fall could be triggered pretty fast. However, it could be a very good opportunity to buy at that level. Stay tuned for it. Learn how to beat the market as Professional Trader with an ex-insider! Be part of an elite trading group. Last course of the year on November 2nd, 2018. Have a Nice...
Friends Bullish continuation in an overall very bullish uptrend. Bullish engulf, indecision day, then the kicker flag breakout day. Not going long unless opens definitely higher. Target lo- 188.00 Target Hi- 200.00-205.00
MHK, LEG, TPX from Consumer Cyclical sectors are rock solid. So Far, since the market pullback.