Zarko

Zarko Updated 

Gold: 1870-75 is resistance area we must exceed this area for further upside to 1900 this may be a larger (B) wave correction. 1820-1800 must hold below those areas will turn the trend lower to 1763-50.

Zarko

last week's trading result - buy placed at 3640 Friday 11th.

Zarko Updated 

S&P500 - 20 min: Friday the market did decline on a fading stimulus and Brexit deal. The stimulus deal can still happen and may also be delayed by a few days! The market will remain choppy and will not go up or down in a straight line - until they have an agreement in place! Turquoise Channel support at 3644/40 Last low dotted blue line 3627 – staying above those...

Zarko

Bitcoin weekly chart!

Zarko Updated 

DAX Index Cash closing of 11412. Bearish reflecting resistance forming at 11394. Resistance forming and support of 11514. Resistance is to be found starting at 11865. Only a break of 11212 on a closing basis would warn of a technical near-term change in trend. Trading explanation! Bullish reversals: If the market should close above the reversal point, then the...

Zarko Updated 

S&P500 – week of November 12 – Explanation! Weekly Bullish Reversal to watch stands at 2804 – Weekly Bearish reversal stand at 2610! Bullish reversals: If the market should close above the reversal point, then the downtrend will be "reversed" into a bullish or increasing trend. The first reversal point indicates that a move to the second reversal is likely. The...

Zarko Updated 

DAX – week of November 12 – Explanation! Weekly Bullish Reversal to watch stands at 12456 while the Weekly Bearish Reversal lies at 11514! Daily momentum and trend are bullish reflecting support forming at 11791. Turning to the broader picture, the long-term trend are bearish reflecting resistance forming at 11479. Right now, the market is neutral on weekly...

Zarko

EUR/USD Daily: Previous analysis October 21: I wrote (resistance is forming at 11583 level and the Euro must rally back above this level to see a bounce back to the 119-120 zone)! Week of November 12 - Critical support still underlies this market at 11312 and a break of that level on a monthly closing basis would warn of a further decline ahead becomes possible....

Zarko

USOIL The next Yearly Bullish Reversal stands at 92.70 - the next Yearly Bearish Reversal resides at 52.43! Weekly Bullish Reversal to watch stands at 75.28 while the Weekly Bearish Reversal lies at 60.12. Monthly Bullish Reversal stands at 90.50 while the Bearish Reversal lies at 63.30. This, gives us a broader trading range of a 30%. Immediately, we closed the...

Zarko Updated 

Some updates: DAX Index Cash closing yesterday of 11494. At this moment, this market is in a downward trend, however, we still remain below key support and key resistance now stands at 12104 above the market. Keep an eye with the lines/numbers on the chart!. The Channel Technical Support rests at 10927 for the next session. A closing below that will signal a break...

Zarko Updated 

S&P500 Cash Index closed friday at 2723 - Weekly Bearish Reversal lies at 2610 and the current bullish reversal stands at 2791 while the Bearish reversal lies at 2682. We closed the last session trading at the 2723, which is below (2791) this level on a daily closing basis at this moment. We need to close above this on a weekly basis to signal a rally is...

Zarko

DAX Index Cash closing friday of 11518. Weekly Bullish Reversal to watch stands at 12456 while the Weekly Bearish Reversal lies at 10493. Monthly Bearish Reversal lies at 11414. Last month produced a low at 11051 but closed on the weak side and so far, we are trading neutral within last month's trading range of 12373 to 11051. We need to breakout of this range to...

Zarko

UPDATE: Overview - Last month produced a low at 2603 but closed on the weak side and so far, we are trading neutral within last month's trading range of 2939 to 2603. We need to breakout of this range to confirm the direction. Therefore, a close above will be bullish and a close below will warn of a possible decline! Previous analysis: The Downtrend Line...

Zarko

Last month produced a low at 2603 but closed on the weak side and so far, we are trading neutral within last month's trading range of 2939 to 2603. We need to breakout of this range to confirm the direction. Therefore, a close above will be bullish and a close below will warn of a possible decline! Previous analysis: The Downtrend Line resistance stands above the...

Zarko Updated 

DAX 1 hour: DAX Index Cash closing of 11287. Technical resistance stands at 11440 and it will require a closing above this level to signal a breakout to the upside. The Bearish Reversal lies at 12050! Caution is advisable.

Zarko

Now that we have arrived at the end of October, the Directional Change that came into play yesterday needed a monthly close today to come in under 23995 and we have generated a What-If ? Monthly Bullish for October at 25588. Keep in mind that we will still see the flight of capital from Public to Private asset!

Zarko

S&P500 - 1 hour chart: The Downtrend Line resistance stands above the market at 2694 with our immediate projected resistance standing at 2767. the Bearish Reversal lies at 2682 - We now need to close beneath 2864 on a monthly basis to imply a technical reversal of trend to the downside for now. Since we are trading below that level, caution is advisable.

Zarko

Dow Jones - 2 hour: The number to watch will be 23995 followed by 23340. These are the two important numbers to watch for month end closing. A slingshot move would certainly come into play if we get a monthly close below 23995. Weekly Bearish 24965!