About meAlpha Over Beta is a group of experienced traders, with over 100 years in the market, combined. We believe in hard work and an endless improvement cycle in order to be the best traders in the market. We have been trading the market since the beginning of
Hello Europe traders,
We have started coverage of the FTSE as one of our trading opportunity for 2020, Here is our short summary for the UK index:
The FTSE recovered quickly from the latest drop, it was a steep drop down but the index quickly recovered forming a classic technical 1-2-3-4 trend to the upside,
Technically as long as the price keep making higher...
The S&P500 is in an early stage of 1-2-3 price pattern development after the correction we had for the past two weeks,
Fibonacci hit it right on the head regarding the level of correction and since then the S&P500 had developed a 1-2-3 price pattern,
Once the next higher high will form, our long term bull strategy will gradually enter bullish...
GLD was spotted on the AlphaOverBeta radar as forming ( Asymmetric) double top bearish formation, this usually means that the next move is to the downside,
The formation is incomplete and will be completed once the price pattern goes below the 145.5$ level,
watch out for this formation since its a high probability trigger, once formed, which may...
Yesterday (Feb 4, 2020) was a technically significant day for the S&P500 - a breakout day after some time in which the market showed signs of building a downtrend (which is a part of a natural market price action).
You may see in the chart that since the definition of a downtrend is lower lows and lower highs we have been confirming that definition...
Looking at FLIR sets up a very nice opportunity to the upside, the company has been building a base for quite some time, we anticipate that the next earning report is going to beat analyst expectations and the price is going to break the 55$ level,
Any breakout above the 55$ level will break the overhead resistance and provide a LONG setup to be...
Looking at the markets in this and last week, Many traders ask themselves two basic questions this week:
Is the market in correction mode?
Is the market on a bearish cycle?
According to our models the market is in correction mode, so answer your question #1 is: Yes
We are definitely not in a bearish cycle, the market had a correction that is not...
BA just touched a very significant support level of 310$, the company has been in trouble ever since launching the 737 MAX , the crashes and the way the company handles the issues, the company grounded it's 737 MAX fleet and is losing millions daily because of the failing design of the aircraft.
With all its problems , current and in the future,...
The market continues to fly high without looking back , this is supported by a number of important factors such as the positive messages from the white house and china regarding phase I agreement and the future of the trade war, strong economic numbers , and some technical factors as well.
as we can see in the chart, the RSI has reached a peak above...
A long term ascending triangle is forming in the S&P500, the triangle confirms a bullish trend up, the point of breakout should be around Jan.2020 according to our forecast,
Will keep a close look on this one since the market is in a short term directionless move, probably building the case for the next leg up.