DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
GENERAL ELECTRIC COMPANY, SPDR S&P 500, ADVANCED MICRO DEVICES, INC., SPDR SELECT SECTOR FUND - FINANCIAL, INVESCO QQQ TRUST, SERIES 1, ISHARES MSCI EMERGING INDEX FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Crude has retraced almost 100% from previous bottom forming higher high and higher low.
As per pitchfork it is trading within a channel respecting the boundaries.
RSI and STOCH are in overbought region indicating a possible reversal.
55.2 is resistance line.
Go short below 54.1 with SL at 55.2 for T1 52.5 and T2 50.0.
There is some approximation on the ratios(0.38 = 0.41, 2.618= 2.62). This is just for discussion.
Just for discussion
The stock has rallied and retraced back. It formed a bearish AB=CD pattern in Daily chart and it is consolidating. Breaking that box will be next move. I speculate it will break downside to 290. One can initiate short with SL at 303 or 306 for a target of 290.
Just for Discussion
The stock is ultra bullish and retraced today in hourly chart. If it retraces to 23.5 @865 one can initiate short for a target of 850 to 840 with SL at 880. There is a news of it merging with Indusind bank. will have to see how it pans out.