TheDarkerLord

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Markets Allocation
67 % stocks 33 % indices
Top Mentioned Symbols
DAX 33% | 1 DIA 33% | 1 EWG 33% | 1
TheDarkerLord TheDarkerLord PRO EWG, 60, 2 years ago
EWG: EWG 29.26 for a bounce?
2 0 0
EWG, 60
EWG 29.26 for a bounce?

Looking at the hourly chart of EWG, $29.26 looks like a buy zone for a short term bounce, with horizontal support, 50 MA and Bolly all in the frame. Possibly not one to hold though, given that Greece is far from resolved and the rhetoric isn't particularly hopeful at the time of writing. DYOR, WTFDIK etc. etc.

TheDarkerLord TheDarkerLord PRO DIA, 60, 2 years ago
DIA: Hourly DIA: 20 MA at work
5 0 0
DIA, 60
Hourly DIA: 20 MA at work

Is it a flag (higher) or a handle in the making (lower). The jury is out right now.

TheDarkerLord TheDarkerLord PRO DAX, D, 2 years ago
DAX: Dax: critical juncture?
131 0 1
DAX, D
Dax: critical juncture?

The Dax is at a critical juncture, currently threatening to break back above sloping sup/res (neck-line.) Bears will be hoping for a failure here and vice versa. Note the 0.38 fib was clear support, suggesting that the December 2014 low marked the beginning of the wave, with the April 2015 high marking the end. Consequently, the re-tracement could be done. ...

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