DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
GENERAL ELECTRIC COMPANY, ISHARES MSCI EMERGING INDEX FUND, SPDR S&P 500, ADVANCED MICRO DEVICES, INC., SPDR SELECT SECTOR FUND - FINANCIAL, PROGREEN US, INC.
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Good chance short term bottom is in. Not sure how strong it can rebound but a stop at $165 is a good idea. If it fails to challenge all time high and goes back down from a lower high, chance is good QQQ top is in, and mindset has to change to short rally from buy dip.
MACD is negative, RSI is below 50, price is below 10 month MA, long term trend line broke, 6/10 month MA crossed.
Price and RSI divergence is concerning but no sell signal on monthly chart. To sell I need a price pullback below 10 month MA, a 6 month MA and 10 month MA cross, and a much weaker RSI (close or below 50) and a negative MACD.
Today's technical profile looks similar to 2003 and 2009. Waiting for a buy signal some time around year end. Aggressive investor can start to accumulate with 5-10% stop.
The chart suggests dollar is bottoming short term. I would accumulate at this level with a stop around $23. A strengthened dollar in the second half of the year would indicate a stronger economy, higher rate and stronger stock market driven by higher earnings/profits.
Is it going to break out (with a 40 week MA ticking up)? Quite possible in the next several weeks. We will watch this ratio closely as each time it breaks out, market is in rout.
MACD is negative, RSI is below 50. Price is still above trend line. A price breakdown here may signals trouble ahead.
DoubleLine Gundlach said this year is the year of commodities. I took a look at DJP it indeed looks very attractive. RSI is above 50, MACD is positive and price is above 10 month MA and the MA itself is flat to turning up! I think it is a buy if it can close above $25.50 on a monthly basis.
Horrible market today but has not triggerred my sell signal just yet. My sell signal: price below 10M MA and lost red support line and 3/5 Month EMA crossed, RSI and MACD lost red supports.
Note the callouts on the chart are the sell/buy reference points based on 3/5 month EMA cross signal only.
RSI is around 50, MACD is still negative. The price itself is in the twilight zone but it will have to break out or break down. Need to watch this closely as it has definite implication for asset allocation.
Note RSI and MACD divergence. Will not surprise to see 10 - 20% correction in Q1 (targeting blue support line, around $135). Watch the support lines closely for possible breakage entering 2018.
High chance AAPL can fall between $133 to $110. Short $168 and cover $176.
TAN has a great year - almost 50% gain in 2017. Now it breaks out and next price target might be $42 in the next 6 to 12 months.
It may close the month with a 6/10 MA crossover, a positive MACD and a strong RSI. I would say it is a buy candidate for now, and will give it one more month for better signal.
I would like to see a stronger RSI and a 6/10 MA crossover. But I am mostly certain the trend has turned up.
Technical looks good. Intend to add to position if closing above A.
MACD, RSI, MA crossover - all look good. Hopefully 2018 will be a good year for Twitter.
IWM is able to break out from the rising wedge which itself is very bullish. It can continue to rise within the red rising channel in the next 12 to 24 months. RSI and MACD are strong.