- DJIA is the weakes index compared to ES and NQ. Price is still trading below equilibrium. - Price pattern: possible bearish flag. If breaks down, initial bearish target will be 23k. - Momentum weakness detected in haDelta+ and haOscillator. Both seem to be turning down again at/below their mid lines. - EWO is below zero (bearish bias is still valid)
- Ichimoku setup is neutral, price is at Kumo cloud. Equilibrium level is clear at 2703 - After the pull back from the first damage, market may be developing a Head and Shoulders pattern. If it gets validation below 2700, market would become bearish again. - Bulls have no real hope as market misses momentum: see negative divergence in haDelta+ and...
- Price is in neutral territory. Below Kijun and slightly below Kumo, but could not deliver a decisive bearish break. - Bullish trendline holds - Heikin-Ashi signals indecision and drop of minor bearish momentum, haDelta+ and haOscillator show some positive divergence compared to lower low in price. - Key levels: 9,66 and 9,7020 We opened small long this...
It looks like Bulls finally gain power. - Initial bullish Kumo breakout. (To confirm it has to make a higher high and Chikou cross above past Kumo) - Breakout from major bullish wedge - Hekin-Ashi gives a buy signal We'll wait for today close and if momentum holds, we start to leverage our long position.
Weekly: - History's strongest bull trend, 14 months in a row without a negative close. Price is going vertical. Mania phase. - Momentum has been so strong (probably the most extreme EWO high I've ever seen), that all major weekly averages are picking up quickly. Still Price is extremely far above the equilibrium marked by Kijun Sen (26 weeks average) and Senkou B...
- Bullish trend is broken - Ichimoku setup is bearish, EWO and MACD are bearish - HaOscilator suggests there may be some chance for a minor bounce. Chikou Span also hit past Kumo bottom, which means around 3480 there is some resistance. Any retest to 3520-3560 zone is an opportunity to look for a short entry.
- Ichimoku is turning bullish again after price held above Kijun Sen support. - possible Heikin-Ashi buy signal - possible inverse H&S - Needs some momentum confirmation
- Ichimoku is back to neutral. Price trades in thick Kumo. Warning: Senkou span cross (bearish Kumo twist) 26 weeks ahead! - Heikin-Ashi shows mixed price action, indecision, consolidation. Warning: haDelta+ and haOscillator may give sell signals. - MACD shows weakness - EWO is bearish I think bulls cannot have much hope on this market now.
No doubt, SP500 index is very bullish on all time frames. But there's another question: does it worth buying or holding stocks now? If I look deeper into the Daily chart, I have doubts. - Ichimoku is bullish - Heikin-Ashi candles are bullish, but haDelta+ and haOscillator give worning siognal regarding momentum - MACD has built quite a relevant negative...
Bullish momentum is picking up. Price is breaking above the cloud. All indicators point towards further gains. Any dip below 1,19 is a buying opportunity. Next target (by weekly time frame) is around 1,24 - 1,25 zone.
Weekly: - Ichimoku has bullish bias. - Heikin-Ashi gives an early bullish signal. Please see haDelta+ and haOscillator - closing price may be close to the weekly top. - EWO is positive Daily: - Ichimoku setup is back to neutral. Positive signal: price is above Kijun Sen and hit a new high today. Still some work to do for bulls to break above Kumo cloud. - EWO is...
- Trend and Ichimoku setup is still bullish - MACD shows consolidation - EWO is above zero (green) - Heikin-Ashi signal is still swing bearish, but it's time to watch price action and change in momentum as Price reached key support zone. Since the trend is still bullish, we only look for buy signals. We do not play any short strategies until the basic setup...
Short BTP. It is just question of time to finish the "flag denial" on weekly. Should the 2,25 - 2,35 % yield zone break, BTP mkt would be slaughtered. Look at the upside on the yield chart, and you will understand how bearish it can go: measured target would be around 3,80 %. Again, burn it into your mind: bond markets are in danger rather than...
US Bond market in general is about to turn terribly bearish. Trade only strategic weekly charts. Any retest in 5y Treasury to 118 is a selling opportunity. Keep this in mind and you'll likely make a lot of money (if you also have a proper risk management system in place). Always short what is bearish. Bonds are just about to enter bearish trends. Monetary policy...
The title and the weekly chart itself tell the whole story. I really hope for a bounce to 126.40, would be more comfortable to take this short there. But as this is probably one of the best trades for the long term supported by fundamentals too, I would not mind to sell the weekly break below 124 either.
This setup is light-years far from a bearish setup. Actually if you check the Monthly chart as well, it is even more obvious. No reason to short this market in big. The only wise thing is to reduce longs, or take some cover, as momentum indicators suggest it may start some consolidation and/or a minor pull back in coming days/weeks. Weekly: - Everything is...
Daily: - Ichimoku is neutral with some bearish bias - Heikin-Ashi is bearish, but watch out for bullish divergence in haOscillator - EWO is bearish - Price reached Kumo and retested previous downtrend line. -> stronger resistance here around 1270 4H: - Bearish Ichimoku - Heikin-Ashi gives early signal for a possible local bottom - Price reached resistance zone. -...
If EEM failes to recapture bullish trend above 45, then it will suffer serious damage. Also if USD gets stronger (I think this is quite likely), that could put more pressure on Emerging Markets. Watch price action here. Keep your eyes on haDelta+ and haOscillator! These will tell you first if bulls can't gain momentum. Wait for confirmation and get ready for short.