MikeOnlineable

MikeOnlineable

Depending on stimulus, i would say some further correction is awaiting and very healthy!

MikeOnlineable

Shorting this market is difficult, even though patterns look bearish the key question is: Hom much stimulus will we get to turn this bear scenario into a BULL scenario? Thanks you #FED #ECB #BOJ and #china

MikeOnlineable

it doesn't harm to keep dreaming ;) #unleashthelion

MikeOnlineable

Feeling lukcy today?!? ;) Time for the real bull market to start! :) Join the crowd!

MikeOnlineable

getting lucky here

MikeOnlineable

getting lucky

MikeOnlineable

Technically we are at a potential area of reversal. Furthermore anticipating weaker EUR and GBP. With their assets mainly in europe they are basically long EUR and GBP. Furthermore, high leveraged company exposed to interest rate increases.

MikeOnlineable

close to longer and mid-term resistance. Breaking ascending F-flag. Potential interesting are to take the short.

MikeOnlineable

Potential area of reversal for Glencore. With expectations of low inflation, high leverage so exposed to interest rates and an reversal pattern in the making, this may be worth the shot short.

MikeOnlineable

looks like a reveresed head and shoulder. coming week will be critical. could become strong.

MikeOnlineable

two spikes, M pattern to end C. reversal time?

MikeOnlineable

long term very interesting though. there is some big price action ahead both up and down if current structure breaks. One to watch!

MikeOnlineable

is this the top? There is a nice opportunity for a short setup with a tight stop for s short term short #S&P500

MikeOnlineable

so my short play of last week worked out different. new top in dow means reviewing the situation. However, i am again a bear as long as current top is not broken.

MikeOnlineable

AEX started a C wave and is now close to long term support. I will look for price action here to see if it breaks. Currently I remain position short as I am. #AEX

MikeOnlineable

EURUSD is in difficult territory though I start to become more bullish. Reasons why: Dollar index: Chart: broke structure, it may show a reversal pattern (H&S) so no confirmation yet both bullish or bearish, nevertheless, it is still below structure so that is bearish. Fundamentals: USA tends to surpluses, reduce spending, all bad for economy so usd lower? EUR...

MikeOnlineable

For discussion purposes only ;) what are the odds of having a long-term double top/M-pattern being formed? Current short term C wave shows already some weakening price action. The 15 min starts a corrective move, that will in itself create an hourly bearish move down. There is still a huge run to go on the weekly to have a confirmation of the M patter, but if...

MikeOnlineable

AEX index shows possibly the start of the C-wave down starting a topping period. -- AEX index staat mogelijk aan de vooravond van een daling van enkele dagen/weken. Ik zie dit als de start van een langere termijn top formatie.