CCI entered negative territory on the daily chart and the price broke under 100dma.
Be careful going long from this set up forward. Another leg down might be coming.
Please do your own research and always use SL or hedge your positions.
Looks like $USDSEK hit retraction fib level and now is starting to ramp up again. Fib extension is 13.39xx which exceeds my expectations for 11.2x from before.
Please use your own research and always used stop loss or hedge your trades.
Even with the problems this mine has in Mongolia, the technical and the copper prices are showing good potential for upward trend.
Please consider stop loss or hedging and do your own research before entering trade.
Correction is necessary to continue the healthy ride above 40K. Possible correction to YR1(i.e. 30 436) and then to YPP (20 714). Additionally CCI haven't crossed -100 since September 20, which is sure overbought condition.
Looks like is getting in large wedge and if continue and breaks above 100 WMA it could reach $15 and then $20. CCI also is nearly +86 which could indicate break upwards.
Please do your own research and use SL or hedge.
For some reason silver price has very good relation with 87 Moving Days Average. Not 100 but 87... Anyways, this could be penetrated and move downwards very quickly. Additionally, CCI is in negative territory.
Please consider your own research and always use SL or hedge your positions.
Looks like $CADJPY is heading towards the 450 DMA and this would be its fifth time to attack it since the repo crisis in 2018. This time it could be certain buy signal when the price crosses 81.00 level. The YPP in this case is 81.869. It stopped the price two times already this year.
Please do you own research and use hedge or SL
Thought in mind that SPX could drop to 0.5 fib level(2118) and if not stopped there can continue to 450 monthly MA which is around $1100 area. This 450 level actually was touched in 2008 financial breakdown.
Please consider your own research and always use SL or hedge your trades.