The wti is close to the Fibonacci 0.5 support. It will resist? If this level breaks down, the goal is the $55 supporter coinciding with the Fibonacci 0.618 level. Follow my blog and Twitter
Facebook broke support at 149 and now look for a new low. If the weakness phase continues, the support levels to be monitored are in area 141.4 and subsequently area 136.4 Only the return above area 149 and breaking the mm7 will give a bullish boost to the title. Weakness is expected at the beginning of the week from the daily chart.
The upward movement did not exceed the resistance of 0.382 Fibonacci, arriving already with the indicator at maximum strength. A new phase of weakness is inevitable now. The resistance coincided with the weekly mm7. Is this just a break for a new bullish attempt or will the descent arrive at new lows? The week ended with the strong dollar. Will this trend continue...
Interesting Eur/Usd weekly candle, a dojy that could indicate that this fall is over; if we look at the monthly chart it looks like that, but with only two days of trading it is absolutely not reliable now. As long as it remains under the weekly mm7 the trend is lateral or bearish with good trading opportunities. 1.13 always remains the minimum reference that will...
Dow Jones very volatile with fast and extended movements. Difficult to have precise levels of minimum and maximum. We might have a side trend looking for support at the beginning of the week. Perfect recognition of 0.618 as resistance and 0.236 as support. They will remain valid next week even if perhaps the lows will not be reviewed and it could be a nice support...
The stock has started a correction as it had already happened months ago on two occasions. On previous occasions the stock has stopped its fall at the level 0.5 of Fibonacci. What will happen this time? We wait to see if we have the same situation. At the moment the Fibonacci level 0.5 is close to 163$. For a true and equal correction to the previous we will have...
Index dow jones weak in recent weeks. The red trend line is a nice support. If it will be passed downward at the end of the day, a continuation of the fall with a 24000 target is very likely. If the index remains above the trend line and the Fibonacci level 0.5, there is the possibility of an increase in the area 24860 and subsequently 25220.
Upward acceleration of the euro on Friday afternoon. The resistance level of 1.142 has worked perfectly but i believe that in this new week it will be exceeded with goal 1,155 area where the weekly MM also passes. We are bullish to break the daily moving average and 1,142 area in daily close with the 1,155 goal. Until such resistance is overcome, there may still...
The week end over MM7 is positive but last week's highs have not been exceeded. The return below the mm7 drops to 1,496 and then 1,475 If the upside is confirmed goal @ 1,524. Extra target 1,537 and 1,559
Trading range like last week but the upside could continue at the beginning of the week. Resistance @ 25800 and support @ 25220. Resistance saddle extension with MM7. On the upside, first goal 25890 On the downside, first goal 25000
Possible new falls at the beginning of the week even if the trading range is small. Resistance @ 1.156. On the upside goal 1.162 Support @ 1.149. Downside goal 1.142 Weekly closing over MM7 (near 1,159) possible reversal of the upward trend.
The resistance at 129.87 is very important. Support at 129.1 is very important. This is the trading range for this week. The close below the lows of last week indicates the possibility of a lower minimum next week. A rebound is possible on the first days of the week.
The Dow Jones is on the lows of the bullish fork that contained its movement since February 2016. The weekly chart indicates a lot of weakness. In the last three years a long red candle has always been followed by an equally profound fall in the following two weeks. (August 2015 - January 2016 - January 2018). There are chances that the downside is not over. There...
The trading range for the next week does not change.The weekly chart indicates a lot of weakness. The monthly chart is on important supports. We believe we will have a sideline trading period on the 1,142 - 1,13 lows and the 1,162 highs. The closing above the weekly and monthly mm7 will lead to a new bullish movement. For now we do not believe probable profound falls.
Trading range between weekly support 130,7 and daily resistance 131,1. Weekly support of Fibonacci 0,5 to 130,5. Bearish break up area 129,87. Bullish break up to 133,1 area.
Very precise levels of the last week. Important support in area 26320 and resistance in area 26550. Bearish break up to 26070 area. Bullish break 26780. Weak trend.
In the monthly chart we are on the Fibonacci 0.5 support (trend jan17 - jan18). In the daily graph struck by MM7 resistance and resistance 0,5 of Fibonacci. If it does not exceed MM7 at the end of the day, possible reductions of 1,143 and then 1,13. The break of MM7 pushes upwards to 1,162 and then 1,172.
Weekly MM9 support area 1.157. If rebounding, target upwards 1.163 - 1.174. If it goes down, down to 1,143.