DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
NEOVASC INC, HELIOS AND MATHESON ANALYTICS INC, BANK OF AMERICA CORP, ADVANCED MICRO DEVICES INC, MICRON TECHNOLOGY INC, SPDR SELECT SECTOR FUND - FINANCIAL
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, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Explanation on chart
Crude oil is still trading above its 50-week MA
Personally I do not trade SPX but this is just an idea
Prices broke above the 50-day simple moving average and a declining trend line in place. Trade wisely
I opened my positions from 1244.
I will go long when gold will close above 1273 on daily chart
Crude Oil target the 200-DMA standing at $41.17.
Note: This just an idea not a trading recommendation.
Oil has formed a lower high and lower low which indicates further downside with $41.00 as the next target. However, any upside will find resistance at yesterday’s high of $45.04.
I opened my short position from 48.55 from 45.55.
Note: This is not a trading advice.