LuisVelazco

Message Follow Following Unfollow
Joined
Making Swing Trades on the Bounce
Markets Allocation
64 % indices 18 % forex 18 % stocks
Top Mentioned Symbols
SPX 36% | 4 EURUSD 9% | 1 NASX 9% | 1 EMES 9% | 1
LuisVelazco LuisVelazco INSY, D, Long ,
INSY: INSY a Harmonic Mess of a Chart!
25 2 0
INSY, D Long
INSY a Harmonic Mess of a Chart!

This stock has been holding up weel against the market's downdraft. I think it will make a nice swing trade when it retraces to point 2 or 3 within this Harmonic trend.

LuisVelazco LuisVelazco GBPUSD, D, Long ,
GBPUSD: GBPUSD Primed for a bounce
17 0 0
GBPUSD, D Long
GBPUSD Primed for a bounce

Looks like we're at a strong Fibonacci support /resistance area. If it breaks the downdraft of this area then a short lived bounce in eminent until it's met with two resistance points: Senkou span B (FIB .236 Ret) and Senkou span A (FIB .382 Ret) Nice swing trade. And as always, comments are welcome.

LuisVelazco LuisVelazco IUX, D, Short ,
IUX: RUSSELL 2000 Respecting the FIBS
58 2 0
IUX, D Short
RUSSELL 2000 Respecting the FIBS

Chart initially drawn 2 weeks ago. Butterfly was added today. Again the RUSSELL respected two Fibonacci points drawn at 2 prior lows and it bounced within the zone. I'll go out on a limb and say that it most likely will make a pit stop around $1000 and then decide whether it will go and visit Fib Ret 2.618 or bounce back to life. As always, comments are welcome.

LuisVelazco LuisVelazco DJY0, D, Short ,
DJY0: The DJIA and the FIBS
12 0 0
DJY0, D Short
The DJIA and the FIBS

I love how price just finds Fibonacci Retracement points over and over again. This chart and the FIBS were drawn a couple of weeks ago using two different lows. the DOW retraced and found support at .5 and 1 respectively. Always fascinates me. If it can't hold this point then FIB 1.272 appears to be in order. As Always feedback is alway swelcome.

LuisVelazco LuisVelazco NASX, D, Short ,
NASX: NASX may continue it's drop
186 4 0
NASX, D Short
NASX may continue it's drop

The NASX bounced off of FIB Retracement 1.618. If bounce doesn't hold , the next most likely stop will be $4040 for another attempt at a bounce. If I understand this pattern correctly the Butterfly pattern will still be valid as far down as FIB 2.618. If I'm wrong feel free to comment. I like using multiple Fibonacci Retracements because at different lows because ...

LuisVelazco LuisVelazco SPX, W, Short ,
SPX: A Slippery Slope for the SPX
138 0 2
SPX, W Short
A Slippery Slope for the SPX

Next stop on it's slide down to a 10%+ correction is $1834.68 FIB Retracement 1.618.

LuisVelazco LuisVelazco SPX, W,
SPX: PREVIOUSLY PUBLISHED WEEKLY SPX CHART with ICHIMOKU
160 0 3
SPX, W
PREVIOUSLY PUBLISHED WEEKLY SPX CHART with ICHIMOKU

This weekly paints a less critical picture than my previous published weekly chart. According to Ichimoku, although it's under Bearish pressure the SPX is still in an upward trend. It looks like it will stay in this consolidation range it is forming for at least a few weeks until the Bears and the Bulls finish sorting things out. My outlook at this time is now a ...

LuisVelazco LuisVelazco SPX, D,
SPX: SPX DAILY ICHIMOKU CLOUD
203 1 3
SPX, D
SPX DAILY ICHIMOKU CLOUD

On the Daily SPX chart, Ichimoku Cloud is showing downward trend but it's weaker in nature.The next couple of days will determine if the Bulls are trounced by the bears or whether the Bulls still have some fight in them and shift back up before the Cloud's resistance is cleared. I'm neutral because I feel we are still in the thick of it and, although the Bears ...

LuisVelazco LuisVelazco EMES, D, Long ,
EMES: EMES Bullish Gartley
21 0 0
EMES, D Long
EMES Bullish Gartley

As I've come to understand it, there is some flexibility in these patterns with regard to their retrancement points. The rules are subject to interpretation and as such, serve more as a guide and not a ridged rule. That being said, we must not "massage" things too much to make them fit into our ideas. This is a mathematics based art and as such it has an organic ...

LuisVelazco LuisVelazco EURUSD, D, Long ,
EURUSD: Bullish Butterfly
24 0 0
EURUSD, D Long
Bullish Butterfly

Bullish Butterfly completed and on it's way up.

LuisVelazco LuisVelazco SPX, M,
SPX: Long Term Bearish SPX
411 10 4
SPX, M
Long Term Bearish SPX

I posted this Chart 2 months ago. With all the Socio-economic disruption going on I think that all wee need is a catalyst to set the ball rolling downward. If I view this as a true Chartist and purely based on what the charts say then this also would indicate a reversal. ORIGINAL COMMENT: This is a monthly chart of SPX. I believe the market is topping out and ...

Last visit United Kingdom
6753
293
49354
Message Follow Following Unfollow
Last visit
2619
349
11666
Message Follow Following Unfollow
Online
14918
4056
131736
Message Follow Following Unfollow
Last visit Maldives
3473
317
25877
Message Follow Following Unfollow
Last visit
10
2
48
Message Follow Following Unfollow
Last visit
27
0
110
Message Follow Following Unfollow
Last visit
22
0
82
Message Follow Following Unfollow
Last visit
1
0
3
Message Follow Following Unfollow
Last visit CA, US
4707
155
25065
Message Follow Following Unfollow
Last visit Andalucia, SPAIN
870
236
7106
Message Follow Following Unfollow
Last visit Canada
1066
322
3920
Message Follow Following Unfollow
Last visit
3693
45
11293
Message Follow Following Unfollow
Last visit United States, CT
9648
1110
48593
Message Follow Following Unfollow
Last visit Kansas City
5381
27
16754
Message Follow Following Unfollow
Last visit Germany
906
122
4290
Message Follow Following Unfollow
Last visit Jordan
23618
895
107600
Message Follow Following Unfollow
Last visit USA
16041
515
75392
Message Follow Following Unfollow
User has no following symbols
Market
Browse
Type
Browse
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out