Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
1st do not get confused with my other charts posted on twitter: @fxpiptitan ... This chart shows a continued move downward and as mentioned, look for a possible bounce up: Be Ready. However, keep in mind that the trade signal generated here on this chart has not changed as of yet. After seeing not much of a reaction from Cable on Friday after the release of the...
A down signal has been in place since Feb 3rd but signs are building that a bounce is about to occur, imo. Be Ready.
The $EURUSD Pivot Point to look for is 1.0579 but no confirmation sell signals has been given as of yet.
With both Cable and Euro, the main overall trend is down. Cable gave a confirmed sell signal a while back and the signal is holding. Pivot Points to look for are 1.2017 & 1.1986 but my concern - at the moment - is a potential move up to 1.2700's before hitting the lower Pivot Points as mention. I will have a better view come Sun/Mon of next wk.
You would think that after a drop from the highs of that amount, a sell signal would have been generated but no. And I remain neutral.
After reaching 778.00's I expected a pull back, even though I stated I was neutral at that time and now bitcoin price is currently 978.22, I must say this is the only financial instrument that looks to me that the PEOTUS is actually giving a boost. Nothing but gains since the Nov 8th election, no big sell-off occurred before or during election night. However, I...
$EURUSD 1hr Short Term Bias: Down Current Price Momentum: Neutral but slightly up One Lower Pivot Point: 1.0366
$GBPUSD 1hr Short Term Bias: Down Current Price Momentum: Up Two Lower Pivot Point: 1.2403 & 1.2376
This 2nd view from the 2hr tf (time frame) has not confirmed in both subwindows to short but both are pointing down.
Trend channel is pointing down: check Subwindow 1 & 2, both trade signal lines are breaking below the zero mark: check Look for pivot point 1.0504 to hit (not a trade recommendation, just me sharing a view).
I'm not in an agreement with the signal being generated to go long. Currently I'm short and one of us is wrong or just maybe, we both could be right. Time will tell.