Kevinkw

Kevinkw

Overbought extreme, beyond monthly SD2 of bollinger bands, good luck

Kevinkw

On Monthly, when it hits 5% above te std dev. 2 of upper bollinger bands, better watch out, prior crashes have shown similar unsustainable euphoria

Kevinkw

Big weekly Hammer on NDX, watch out for topping patterns on lower timeframe and distribution. Market getting overly optimistic in post COVID-19.

Kevinkw

God bless us all

Kevinkw

With P/E ratio at multi year lows, too much fear in the market, stay calm and pick the value stocks for long term investment. Shell amongst one of them.

Kevinkw

Euphoria amidst all the risks...

Kevinkw

Trying to immortalize this crazy period of time, everyday fed liquidity is chasing human greed and delusion of the future. How much more crazy can this become? Throw away mathematical models, economics, beliefs, etc.

Kevinkw

Watchout

Kevinkw

Watchout

Kevinkw

Big hanging man formed end of Feb 2018 at top of a very long bull run after the all time high set in Jan 2018. The flash crash and push back up to all time high prices, if the market does not push beyond the all time highs in Jan 2018, the short term speculators will pull out. Uncertainty, risk aversion in the light of trade wars, rising yields, possible drop in...

Kevinkw Updated 

Weekly Bullish Engulfing GBPCAD Pullback support zones to watch, S1 1.6450, S2 1.6350 Bullish signals around these support zones would be better entry for move up to 1.7000 Fundamentals: Pending BOE rate hike. Bank of Canada signalled rate hike has no pre-determined path. Positive GBP if Brexit is smoothly transacted. Positive economic data required to support...

Kevinkw

TECHNICALS: Weekly Bullish Engulfing GBPCAD Pullback support zones to watch, S1 1.6450, S2 1.6350 Bullish signals around these support zones would be better entry for move up to 1.7000 FUNDAMENTALS: Pending BOE rate hike. BOC signalled rate hike has no pre-determined path. Positive GBP if Brexit is smoothly transacted. Positive economic data required to support...

Kevinkw

Bullish Engulfing weekly GbpUsd - Supporting pennant break up on a lower daily timeframe