Comparing developnent, drom might be 20% on Cu and probably 20% more on the Dow
Oil made some support wich should take its prices to $40-45. Stocks will follow but there is still some upside risk due fundamentals. The masterplan is to lower Oil prices and Saudi Arabia & Rusia to stay in the market. US Shale oil is expensiver to produce. THE PROBLEM WITH STOCKS is that Many Stock companyes have inbestments in Shale oil & gas project. Having...
Sell on rise with Stops 2.6. We might break 2.5 this month.
EXY will find support lower, SXY on important Resistance longtherm.
Good time to move funds to Uk. Buy GBPCHF on dip, Stops below 1.18 target long therm 1.6
#SXY resistance will or might trigger big upside move on this Currency.
Buy all currency against CHF this week. #USDCHF Might Rocket upside move as US30 will tend to support, they might talk of good results in drugs and Vaccines this week. #GBPCHF another strong upside. #EURCHF might resist not much upside expected. Target SXY 104 to start Selling #USDCHF and #CADCHF. EURO might also bottom and go Up supporting #EURCHF or keep it Sideways.
Follow the channel. US30 will tend to support this week and IPSA will follow taking us dollar down. Later this or next week we might hit 844 target.
Next week buy on dip again Stops below 24.500 and longs target 28.000 - 29.000
According to different analysis different way, top might be 1680 this week. Reverse back to below 1660 and then... Lets see.
Eu might be on a stronger wave up. Resistance strong ones between 1.13 to 1.136. So under that view. Next entryes to be only buy untill we break 1.13.
Long usdclp. Target 830 and higher. Today "first confirmed" coronavirus case will be the perfect excuse for government. Probably due the big Pharma developing Vaccines are in the States. Truth is Chile External debt is rosing 200 bi. A breack up will trigger big longs against the peso. Expect currencu exchange up to 500% and more higher during next 1-5...
Might be one of the banks who will survive the crash.
The bubble might be Collapsing. Same as Musk, many big stock companyes Directors are cashing out, and fleeing away. 2200 shall be the bottom. You can also compare the stages of a bubble. This makes me think... Is Coronavirus an accidental Spread? Or some market lords having problems to disguise finantial holes in the books? Any ways, this is looking really bad.
Entry now or 105.700 Stop 105 Target 106.700 to 107.200
Sell now or up to 2.57 with Stops 2.59 Target 2.54 & lower