Uptrend break and a head and shoulders break. Target for this head and shoulders break is 1710.
Nasdaq e-mini futures contract breaking back into the channel after what now looks like a fake break. Could be some more downside coming.
Taken a small position for the longer term portfolio.
Consolidating before the next move. Bottom of the channel could be target.
Could be setting up for a very nice short position. Watch for those bearish candles. Cowboy move, not for orphans and widows. Stick to stop losses.
Target if this flag breaks to the downside is 17.80
Multi week channel test and what could possibly be a failure of a break. Some gaps below could become a target for sellers.
Looking very bullish with $1800 & $1900 targets.
Possible target for this flag break is 18.65.
V- Shaped recovery ? The idea behind a bear rally is to trap bulls. Once they are trapped and the market drops, they become forced sellers, creating the momentum to drive the market lower. Before you develop tunnel vision, also take note of the possible bearish flag that could be developing. This would take the SPX to 1800. Nothing cast in stone here. Take the...
Huge cup and handle formation in progress. 1445 Neckline break could see longer term upside of 1880 and 2070. Please note that markets are still volatile and could still be characterised by huge swing in both directions. Stick to stop losses for short term trades. Longer term 5-10 years, this one is a keeper at these levels.
Discovery broke a multi month channel and recently tested the breakout level and held. This one could potentially go down to test the recent lows again - 5400. A break back into the channel will trigger a stop loss.
Possible bear flag break retest at this level. Downside targets indicated on the chart if the flag hold.
Currently trading USDZAR 18.53 How high can it go ? Who knows.
Possible flag break target would be 42280-40600. Stick to stop losses.
US printing press working overtime. The should have a weakening effect on the USD in coming months. Gold seems to be the risk off asset of choice. Looking at the recent high as a possible target.
Neckline break at 18200 could lead to downward target of 16100. Wait for the neckline break.
We rally even in bear markets. Maybe time for a cautious long position. Not calling a bottom here, just a rally. Stick to stop losses. Target 6% away from current levels. Stay safe in markets and out there.