Further recover will lead us to the next Fib channel level to the 1.5 mark or failure and continue to fall with all the brexit and other Euro fears.
If i see a failure and a break in below the middle yellow BB band will be a major sign things will be falling again.
If this stock can crawl back up and break the neckline, than it should have seen a proper reversal and post some good gains for people who wish to go long on the stock!
It's starting to get exponential. This means more expensive for PBOC to fight against capital outflow.
Expecting:
- 0.1% NIRP by BOJ will not have an effect on JPY appreciation due to China capital outflows. 6.90 means about 10% and market expects a depreciation in the range of 20%.
- further depreciation steps of PBOC likely after unexpected action by BOJ
It is...
Alerian MLP Infrastructure Index
is a composite of energy infrastructure Master Limited Partnerships (MLPs). The capped, float-adjusted, capitalization-weighted index, whose constituents earn the majority of their cash flow from the transportation, storage, and processing of energy commodities, is disseminated real-time on a price-return basis (AMZI) and on a...
Here we have the TSX Buyback Index. There has been plenty of talk of how a slowing in economic growth, tempered capital investment (CAPEX) and even a throttled down stimulus backing has been compensated by buybacks. So here is the TSX Buyback Index versus the S&P 500 (emini).
This Chart Short Term Sell
* Now Still (Feb) Mountly Ohlc4 under..
* Decision Point : Fibonachi % 0.764 , Price : 47.70
* if Break 47.70 --Go to 45.26
Short Term indikator
* RSi :Sell
* MACD :Sell
* DMi :Sell
* Bolinger :Sell
B6Z2014 - British pound is developing divergencies in RSI. Considering a long at current level 1.6059. Targeting the median line but timing not identified yet. This is a countertrend trade, profits should be atken fast.
The Aussie Dollar (A6U14) posted a lower high today the 10 July 2014 and reversed sharply intraday. I need to see the close today to confirm but it looks like it is going to move lower. I'm planning to sell tomorrow. Target is on the next significant support (approx 21 July 2014)
Well there isn't much to say about the chart.
It is a daily chart of the 3 Months Highs NASDAQ.
The trend line is obvious, the indicators are clear, the trend as well.
Keep in mind the prices of Today, and think about the eventual outcome for tomorrow.
Only stunt traders would go long these days... Or those who have money to waist...
A trade below the recent pivot low (0.9192) would confirm the M top formation. Targeting the lower parallel line (0.9000) approx mid June2014 but I might close earlier depending on momentum. Historically we are still at pretty high levels on the US dollar and US dollar seems gaining strength on a major H&S failure (Dollar Index).
This is a perfect instrument for swing trading because the signals are usually very obvious.
The weekly chart is here
On the daily we have a double top formation with bearish divergence on the MACD lines and Force Index.
