Technical Analysis and Outlook The DXY Index completed Outer Index Dip 97.70 Jan 10, 2019. The bullish sentiment developed ever since with projection of an Inner Index Rally $97.60 . Currently, the index experiencing steady to hold/lower due to Mean Res found at $97.10 . The next stage for resistance comes from Key Res $97.65 and completed Index Rally...
Technical Analysis and Outlook Crude oil has completed the first part of the retracement path to near-term Mean Sup $52 , while Mean Sup $50.70 is being open for business. The initial resistance has embedded Key Res $57.15 with the Next Oil Rally at $58.40 . (For Market Commentary, please visit the TradingSig_dot_com).
Technical Analysis and Outlook The Sterling has completed Currency Dip 1.2878 , therefore, expect a solid rebound to Mean Res 1.3064 and /or 1.3112 , while on the downside we have established Mean Sup 1.2715 . (For more Market Commentary, please visit the TradingSig_dot_com).
Technical Analysis and Outlook Currently, we have completed the Index Rally 2714 . In near-term, on the downside, there is intermediate Mean Sup 2633 . On the upside, we have a significant Mean Res 2737 in development. (For latest Market Commentary on S&P500, and a great article written by my friend Jim Rickards - please visit the TradingSig_dot_com).
Technical Analysis and Outlook The currency has completed Currency Dip 1.2937 projection, therefore, expect a possible rebound to Mean Res 1.3064 and /or 1.3112 , while on the downside, there is a possibility of a sinking move to Mean Sup 1.2878 and very established Mean Sup 1.2715 . (For more Market Commentary, please visit the TradingSig_dot_com).
Technical Analysis and Outlook Crude oil is moving to our Next Oil Rally $58.40 . However, the trading-range sets the stage for a possible near-term retracement to Mean Sup $52 and $50.70 respectively. The initial resistance is embedded in Key Res $57.15 . (For Market Commentary, please visit the TradingSig_dot_com).
Technical Analysis and Outlook Gold fulfilled our Outer Gold Rally $1322 , and Inner Gold Rally $1326 . We are now poised to advance to the Next Gold Rally $1345 or modest pullback to Mean Sup $1303 . Very weak Key Res lays at $1321 , while looking forward to addressing 2018 Yearly High $1366 , and Key Res $1258 looming above. (For the latest market...
Technical Analysis and Outlook While Bitcoin proceeds to be moderately stable opposed to its peers, and the short-term Mean Res $3682 is somewhat close to the current price level, the fact is that latest Ripple’s coin rally was not quite enough to push the crypto-coin even above that level: this is a red flag for bulls here. The recent break-down is still...
Technical Analysis and Outlook Crude oil completed our Oil Rally $54.50 . The completed-range close sets the stage for a near-term retracement to Mean Sup $50.72 pending its confirmation of the real ending to the upside. If crude oil extends the rally off completed Oil Rally $54.50 , the $58.40 Oil Rally is the next upside target. The initial Key Res is...
Technical Analysis and Outlook The currency has created a new Key Res 1.3194 just shy of completing our Currency Rally 1.3242 , therefore, expect a retest of this significant development in the intermediate time-frame. On the downside, there is a possibility of a pullback to Mean Sup 1.2957 before the up-movement. (For more Market Commentary, please visit...
Technical Analysis and Outlook The Euro Dollar, coming off the celebration of its 20th birthday, shows the winning side of the Monday trading session, by ramming through Mean Res 1.1380 with ease. Presently the currency pair is in the no-mans-land territory. On the upside, we see Mean Res 1.1470 as an intermediate stop, while Key Res 1.1540 might be a...
Technical Analysis and Outlook As stated on Chart Analysis-January 11, Gold finally (officially) fulfilled our Outer Gold Rally $1302 . We are now poised to advance to the Next Gold Rally $1322 . The downside risk is an established Mean Support $1279 . On the upside we are looking forward to addressing the 2018 High, while Key Res $1258 looming underneath....
Technical Analysis and Outlook The Euro Dollar reached its Mean Sup 1.1294 via Mean Sup 1.1343 level ever since December 14, 2018, and the currency pair is on its way to fulfilling Inner Currency Dip 1.1238 and test Key Sup 1.1218 , On the upside, we see Mean Res 1.1380 as an intermediate stop. (For more Market Commentary, please visit the TradingSig_dot_com).
Technical Analysis and Outlook GBP performed extraordinarily by completing our projected Currency Rally 1.3026 and extending our trade by fulfilling additional Currency Rally 1.3081 (Not shown in previous analysis). The pair is in retreat mode - we have on downside significant Key Sup 1.2878 , and very Major Key Sup 1.2714 . On the upside, Sterling is in...
Technical Analysis and Outlook Currently, we have completed Index Rally 2674 as of Jan 18. In near-term, on the downside, there is intermediate Mean Support 2578 as the 1st phase of the Leg 7. The second phase of the Leg 7, holds Mean Support 2450 . On the upside, we have a significant 90% developed Key Resistance 2670 . (For latest Market Commentary,...
Technical Analysis and Outlook With the Index Dip 10280 completion, we have significant rebound going on commencing of the Key Sup 10862 , while two critical outcomes are at stake: Key Res 11465 and Index Rally of the same price. (For more Market Commentary, please visit the TradingSig_dot_com).
Technical Analysis and Outlook Sterling performed superbly by coming-off of Mean Resistance 1.2876 to fulfill Mean Support 1.2714 trading range for healthy 162 pips down and up in the same session. On the upside, we have current Key Resistance 1.2990 as a significant roadblock; however, while next Currency Rally 1.3026 is resting comfortably above. (For...
Technical Analysis and Outlook Currently, we have Index Rally 2622 completed on Jan 16. In near-term, on the downside, we have Mean Support 2450 as the 1st phase major run. Key Support 2352 will run as 2nd phase move, along with addressing completed Outer Index Dip 2352 . (For latest Market Commentary, and Blog article 'Stock Market Investing Foolishness...