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DIS trading below both EMA's and a short signal has just formed on the daily time frame. Anticipating a selloff prior to earnings on May 7th. Holding onto a directional exposure without a hedge during earnings is not worth the risk it adds.
Seeing the charting of cryptos is rather painful to my eyes. The use of subjective technical analysis indicators without any kind of expectancy for the strategy or trade outcome is rather disappointing.
Although I am against the trading of cryptos which is a result of my education in the markets, I hope to assist those who have been listening to the perma-bulls ...
WMT looks like it presents an opportunity to buy in at heavily discounted prices. To the tune of 20% off. Normally I would be interested in buying nearly anything that is 20% off.
Pull up this chart and look at it on the Weekly time frame. It appears as though our bearish trend might not be over and is just beginning.
Fundamentally I like Wal-Mart and I think ...
If you are looking for correlation between multiple oscillators as your signals for entering trades then you have come to the wrong place.
Remember this is a cat and mouse game where the mouse is chasing the cat and the cat sometimes turns around and eats the mouse.
As for the dow tomorrow, expecting a bullish breakout although entering before there is at ...