"What just happened?" Is the most common question people is asking their brokers.
The answer: Nobody knows exactly. The market just crashed like in 2015, 2011 and 2010.
Here is a comparison of the latest 3 flash-crashes:
18 August 2015
1 August 2011
6 May 2010
Even while past data suggests a price bounce, bear in mind that the sell-off could continue in...
Just 2 days ago I published about the very awaited correction in the S&P:
Today the picture is even darker. This looks more like a flash-crash rather than a "correction".
The most important things to know are:
That a market correction could be just what investors need.
The SPY finally had its long-awaited correction with a 2.12 percent drop last Friday (see www.reuters.com).
In this graph, both the yolk and white are based on short and mid term support and resistance levels. I'm expecting the price to travel along the yolk,...
Mexican elections will be held on 1st July and candidate Lopez Obrador is the front runner.
According to Lopez Obrador:
"Venezuelan democracy is better than the Mexican one."
"We will revert PEMEX privatization. Oil belongs to the people."
It is unknown if Lopez Obrador would convert Mexico in the next Venezuela or not, but he is already spooking...
The BTC/USD pair is on a sideways market between the Short-term resistance and the Short-term double support.
In the next hours or days the price may touch the nearest double support level at 13,100. The two scenarios are:
A break out down this level: This may indicate further tumbles in the pair, possibly reaching the Long-term support.
A bounce: The price...
COINBASE:BTCUSD Is showing signs of consolidation near the 17,000 resistance level.
If the price breaks above this level in the following days or weeks that would probably mean a continuation of the Hype trend (blue line). A failed breakthrough might signal the end of this trend. In this last scenario the prices could fall back to the mid-term support level or...
The next days will be decisive for FX_IDC:USDMXN now that NAFTA talks have officially begun. In the chart there are 4 relevant price levels (shown in bold green). And 2 short-term price levels (in thin red).
If the price breaks the short-term resistance at 18.04 then we would likely see the price reaching 18.40 or even 19.28 if NAFTA negotiations don't favor...
This morning Tesla's r(0.988) linear regression just touched a new low at 260.1, there are two possible scenarios:
Red arrow: Tesla's uptrend is over and investors should probably SHORT targeting 248.00.
Green arrow: Tesla is currently undervalued and may bounce back to the near resistance level at 286.88 continuing the r(0.988) linear regression.
The AUD/JPY continues to climb as expected in my prior analysis An uptrend in AUDJPY.
A r(0.946) linear regression that started in October suggests that the Aussie will continue to gain ground against the Japanese yen (green arrows). Note that stochastic analysis is just entered the 20-80 zone suggesting that the trend may be over if a series of lower-highs start...
Boeing is currently in a r(0.976) linear regression started in September. The stock price shortly tumbled after the Cancel the order! tweet from Donald Trump and created a strong support level at ~150.5. I'm waiting for the price to breakout the red breakout line to enter a LONG position.
"Investing should be more like watching paint dry or watching grass...
Tiffany & Company is an American luxury jewelry based on NY. I'm closely watching this chart, a linear regression r(0.944) shows a nice, systematic uptrend that started a few months ago. Be careful trading this asset since an increased security near the Trump's Tower initially led investors to consider the possibility of a sharp decrease in sales.
DXY has been gaining ground consistently in the last weeks and a strong bullish engulfing candle suggests a price increase in the following days. Going LONG in a 1:1.35 trade.
"Know what you own, and know why you own it." - Peter Lynch
Here is a good chance to go long on AUDJPY. On 10/24 the price tested and broke the r(0.937) linear regression of the last 8 months. Taking a closer look into the chart we see a clear and systematic uptrend.
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong. " - George Soros
This entry is the first of my #safelongtermtrade series aimed to help beginner traders to put their first entry in the market and hopefully make some gains. Contrary to the popular belief, the best way to increase your Return on Investment is to make less trades over larger time frames.
In this investment, whatever quantity you invest in S&P today will very...
The USD/MXN pair will very likely see a steady increase in price in the first 100 days of president-elect Donald Trump. Watch Donald's first 100 days in office message here: www.youtube.com
A TPP withdrawal will likely generate uncertainty about the future trade relations with the 12 involved parties, including México, which plays an...
The price went down as expected in my previous chart and I'm now LONG entering the market in a 1:1.5 risk trade. My stop loss is setup at the nearest support level.
"In this business if you're good, you're right six times out of ten. You're never going to be right nine...
A r(0.942) linear regression on Russell 1000 index suggests an uptrend in the coming months. There are two possible scenarios:
(1) the trend continues to travel along the linear regression channel eventually reaching the ~120 level.
(2) in a less likely pattern, the price breaks the 5 regression channel, and then bounces back in the strong support level at...
I'm closely observing DXY as the daily chart shows a nice steady uptrend. I have adjusted MACD to fit good LONG and ENTRY points (blue exclamation marks). MACD suggest that the price will go low, probably reaching 100.9 and may then go high again.