Message Follow Following Unfollow
Joined the Netherlands xocharting
Alex Wessels Boer CMT. owner of Corbita Services. Our website: XOCHARTING.COM
Markets Allocation
47 % stocks 21 % forex 3 % indices 29 % other
Top Mentioned Symbols
XLP 2% | 1 GS 2% | 1 GB10Y 2% | 1 JUSTDIAL 2% | 1
buyem_nl buyem_nl PRO NAS100USD, 120, Short ,
NAS100USD: Nasdaq100: False Breakout?
11 0 0
NAS100USD, 120 Short
Nasdaq100: False Breakout?

Sellers are gunning for a break below ~7010. Such a move triggers a new down trend on the 120-minute chart, targeting 6820 and 6812. More importantly, such a decline would bring prices well below the former "bullish" breakout level, thus constituting a false move/flush-high/false breakout or whatever you would like to label it. Such 'flushes' (my preferred name) ...

buyem_nl buyem_nl PRO USDBRL, 420, Long ,
USDBRL: USD/BRL: Buyers Return
9 0 0
USDBRL, 420 Long
USD/BRL: Buyers Return

The negative outlook of early January has faded. The then expected breakout did not materialized. Moreover, buyers have returned and are even trying to trigger a new recovery phase of some sorts. For this they must convincingly clear the barrier around 3.3475 thus paving the way towards 3.4750 and perhaps a bit higher. Although not spectacular, it is one of ...

buyem_nl buyem_nl PRO EURGBP, D,
EURGBP: EUR/GBP Weekly Outlook: Undertone Waning
6 0 0
EUR/GBP Weekly Outlook: Undertone Waning

The near term outlook is all over the place without a clear bias to either side. The longer term outlook does show a different picture. The lengthy uptrend from early 2015 has turned into a consolidation phase with growing divergence and waning indicators. Although not expressly negative (yet), the undertone is weakening quite a bit.  Investors should keep an eye ...

buyem_nl buyem_nl PRO EURJPY, 420, Short ,
EURJPY: EUR/JPY Intraday Outlook
37 0 1
EURJPY, 420 Short
EUR/JPY Intraday Outlook

The minor recovery since early March is fading away against the 38.2% retracement at 132.40. Expect a resumption of the primary down trend over the next hours and days. Trigger for such a move is found at 131.40. Clearing this level generates a renewed sell signal targeting 129.95 (minor) and the main price projection at 129.05. Maintain initial stops above ...

buyem_nl buyem_nl PRO NL25EUR, W, Short ,
NL25EUR: AEX Index Amsterdam: Feeling very heavy
15 0 0
NL25EUR, W Short
AEX Index Amsterdam: Feeling very heavy

The near-term outlook (420-minute intraday) remains bearish: the recent swings have been fierce but remain below the 50% retracement at ~540. Clearing minor triggers at 532 should ring in a renewed sell-off towards 528.40 and roughly 520. With stops above 540 this is a very favourable short-setup. For the longer term things have become a bit tricky. Albeit ...

buyem_nl buyem_nl PRO EURAUD, 420, Short ,
EURAUD: EUR/AUD Intraday Update
40 0 1
EURAUD, 420 Short
EUR/AUD Intraday Update

A minor recovery could get under way after hitting the substantial support at ~1.5625. However, dynamics have become quite unfriendly over the past days, so the setting of a new lower peak in the 1.5750-area is expected. Such a new lower peak should trigger a serious test of the mentioned support zone, and indeed, significantly increase the chance of a break ...

buyem_nl buyem_nl PRO UK10YBGBP, W, Short ,
UK10YBGBP: UK 10-year Gilts: Still lots of potential
10 0 2
UK10YBGBP, W Short
UK 10-year Gilts: Still lots of potential

Bonds are holding at the minor projection at 121.72. Due to the underlying bearish momentum we expect a continuation towards the much more important targets at respectively 116.82 and 108.90. Note that this latter level is virtually equal to multiple pivots of 2013-2014. We maintain our strong negative stance versus bonds. Only a recovery above 125<>125.20 can ...

buyem_nl buyem_nl PRO TECHM, D,
TECHM: Tech Mahindra (NSE): Correction in uptrend
7 0 0
Tech Mahindra (NSE): Correction in uptrend

The long-term trend is completely intact and unchallenged. However, on the near term the outlook is a bit tiresome; bearish divergence and the lack of significant new highs suggests buyers are exhausted and a correction is around the corner. Tighten stops on existing longs or cover all together. New buying can be done if/once a deeper correction has occurred and ...

buyem_nl buyem_nl PRO USDZAR, 420, Long ,
USDZAR: USD/ZAR Intraday: Trading-buy
70 0 2
USDZAR, 420 Long
USD/ZAR Intraday: Trading-buy

The down trend is turning into a more neutral basing pattern. Bullish divergence and broader USD strength support this idea. Keep an eye out on the resistance area around 11.9045. Clearing this level triggers a recovery towards minimally 12.4515 and the pivots around 12.4810. With stops below 11.71 this setup gives a friendly risk/reward ratio of 2.81.  Primary ...

buyem_nl buyem_nl PRO IT10, D, Short ,
IT10: Italian Bonds: New Down Trend Expected
10 0 2
IT10, D Short
Italian Bonds: New Down Trend Expected

Compared to other major European markets, the Italian Government Bonds (IGB) have been quite bearish over the past two/three years. The recovery in early 2017 has not really altered the general trend. Moreover, now that the recovery and ensuing consolidation has petered out, sellers should make a new push lower once support at 99.77 is taken out. Bearish pressure ...

buyem_nl buyem_nl PRO EURSGD, W, Short ,
7 0 3
EUR/SGD: Exit-Long

The start of a correction is very likely after the completion of a Wave 5 bullish cycle. Weakness and divergence (weekly chart) is setting in just shy of the price projection at 1.6480. Dipping below 1.6190 signals the start of a correction back to 1.5870<>1.5790. Cover longs and/or enter short if your risk appetite allows for it.  Primary trend: ...

buyem_nl buyem_nl PRO XLP, W, Short ,
XLP: US Consumer Staples Sector: Trend Reversal Imminent
16 0 1
XLP, W Short
US Consumer Staples Sector: Trend Reversal Imminent

The primary uptrend is coming to end; divergence and slacking indicators all point to consolidation at a minimum and probably a trend reversal. Exit-long is the least investors should consider. Depending on developments around the 53.05-area investors can also study potential shorts within the sector or short the sector as a whole. Down side potential is decent: ...

buyem_nl buyem_nl PRO GB10Y, W, Long ,
GB10Y: UK 10yr Yields: major trend reversal
9 0 0
GB10Y, W Long
UK 10yr Yields: major trend reversal

After a period of consolidation and uncertainty the market has finally chosen direction. The multi tested trend line of 2013/2014 has been taken out triggering a trend reversal higher. Yields should rally towards the first projection at 2.05% without too much trouble. On a 6-9 month horizon the main target comes in at ‘a whopping’ 2.69%.

buyem_nl buyem_nl PRO JUSTDIAL, W, Long ,
JUSTDIAL: Just Dial: near-term reversal pattern.
37 0 1
Just Dial: near-term reversal pattern.

A near term Head&Shoulder reversal pattern has been completed with today’s rally above 402. Prices should rally towards the pattern projection at 475 over the coming days and weeks. On the longer term, a large double bottom seems to pan out. For this pattern to become valid, prices need to clear ~625.

buyem_nl buyem_nl PRO CLD, D, Long ,
CLD: Cloud Peak Energy: Interesting Outlook
25 0 3
CLD, D Long
Cloud Peak Energy: Interesting Outlook

A small cap stock that is not on our regular watch list, but quite interesting nevertheless. The energy sector is looking increasingly bullish for the near term with coal and gas being particularly interesting. CLD has found considerable support around the weekly 76.4% retracement (@2.87) while the daily chart has recently set a new higher base. We expect a rally ...

buyem_nl buyem_nl PRO CDE, W, Long ,
CDE: Coeur Mining: renwed uptrend
30 0 1
CDE, W Long
Coeur Mining: renwed uptrend

CDE has ended the steady and rather drawnout counter trend phase since mid-2016 with the break above ~9.05. A strong upmove towards minimally 11.75 (1st projection) is extremely likely. Secondary targets come in at 14.30 (3-4 months) while the long-term forecasts suggest levels well above 17.50 (12-months+). Maintain initial stops below 8.25.

buyem_nl buyem_nl PRO GS, D, Long ,
GS: Goldman Sachs: Questionable
45 0 3
GS, D Long
Goldman Sachs: Questionable

The current consolidation occurs with in the primary uptrend. Normally we would be quite bullish on such a stock, but the current flat correction is taking too long for comfort. Earlier attempts to make a push higher have not succeeded and the lack of demand while the broader market is flirting with new highs does not match the trend phase. With considerable ...

buyem_nl buyem_nl PRO HEIA, D, Short ,
HEIA: Heineken: prepare for exit-long
20 0 1
HEIA, D Short
Heineken: prepare for exit-long

The primary uptrend originating in early 2014 has dried up. The daily chart shows consolidation after a recent breakout failure. Sellers are almost certain to make a push below support at 86.85 and this trigger a bearish trend on the daily chart. Nothing exceptional about that by itself, however, such a downtrend will also mean a failure on the weekly trend. Such ...

Show More Ideas 12
Last visit
Message Follow Following Unfollow
Last visit
Message Follow Following Unfollow
Last visit
Message Follow Following Unfollow
Last visit
Message Follow Following Unfollow
Last visit
Message Follow Following Unfollow
Last visit
Message Follow Following Unfollow
User follows nobody
Follow Following Unfollow
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out