TP 27800. Although this makes no sense from the economic fundamentals, but the technical suggests a strong Dow Jones incoming.
Hang Seng outlook unchanged despite strong Chinese A shares. TP 24K
I am seeing short term corrections to MA 200 level & previous ATH (1920ish). However, from that level XAUUSD would complete a cup & handle pattern which implies a strong breakout once it rises above the handle. Overall I am bearish in short term, but extremely bullish on long term gold price based on the global economy shrink and geopolitical collisions.
I have shorted some QQQ since FANG announced their earnings. TP 253, corresponds to Nasdaq at 10265.
Looking to long some Boeing shares as it approaches the support line. Although it is a SUPER TRASH company, with funds from Dr.Donnie, I think it's going to go up. TP 240(MA200) NO SL.
As shown in the 4 charts. Almost all Chinese-related stocks/indexes/funds are tracing what SSE is doing at this moment. However, in this area, I am not too sure if SSE would fall or breakout from the resistance levels. So my suggestion is to keep an eye on the Shanghai Stock Exchange, and that would be a great indicator for traders who are interested on trading...
As shown in the chart. I think Walmart would fall, but this is a low risk/low reward trade. Feel free to trade.
Back to the tip of an ascending wedge. However, is this a support or resistance? I am considering to hedge with stocks and options and see which direction is this moving. Up for bullish, down for bearish.
Interesting rise on Wednesday. However, I don't think the Zen3 structure is that much a surprise because the rumor was out a long time ago. I am an AMD fan but I am careful with this breakout. There might be some falling if it reaches around $63.
Although amid the security issues, Twitter's stock price is performing fairly well. It found support from the previous resistance and managed to go up higher. I am seeing 43-44 at least in the short term.