IBEX 35 is in a downtrend, if the downward trendline holds i'm looking for a wave down.
After a big drop CAC 40 seems trading in a range. If this is the general idea now the price is reaching the top of this range. If the upper channel holds look for possible shorting opportunities.
DAX is in a key level, the long term downward trendline. At this point there are 2 scenarios: 1) breakout to the upside (blue arrow as a possible target); 2) pullback to lower trendline.
GE is bounced on upper channel and i'm expecting a deeper correction, standing at the bearish divercence on daily. Possible scenarios: 1) breakout of lower channel 2) bounce on lower channel for one more wave up
FORD seems in a corrective phase, i'm expecting a strong wave up if the price is able to break the downward channel. If the price drops under the dotted line with an impulsive wave it's a totally different structure.
HSCE seems in the middle of a corrective structure. I'm expecting a breakout to the downside, to reach the 5500 area.
NIKKEI seems completing a correction, so i'm expecting one more wave up on daily.
SCS is in uptrend, but i'm expecting one more wave down. Only looking for shorting opportunities in this one.
Nintendo is in the middle of a strong drop from the top. Are there possibilities for a bounce on this confluence area? Or we need to install Pokemon Go to find the bottom?
GILD is in the middle of a correction, i'm expecting one more wave down. Possible pullback for shorting opportunities.
Google seems in a corrective phase after the previous impulses. I'm expecting one more wave up, at least to upper trendline. If the rising trendline is broken with a strong impulse it could be a deep correction.
Twitter is in uptrend on daily, but i'm expecting a strong drop to the downside if the price doesn't break with a strong wave the previous top. Selling the breakout seems a good idea.
Silver is in a corrective phase, i'm expecting one more leg up. Buying the breakout seems a good idea.
After the breakout of the long term downward trendline Exas is making higher highs and higher lows, with a possible uptrend continuation. Every strong breakout of the rising trendline can change the trend with a deeper correction.
SPHS has broken monthly downtrend with a bullish divergence. More upside possible.
China ceramics is breaking the monthly downtrend after a strong bullish divergence and an incredible volume increase. Big potentials for this one.
S&P 500 seems in an uptrend continuation on 4h and 2h. I'm looking for a possible AB=CD pattern when the correction is completed.
SIRI is in a key level on daily chart, reaching a strong area to break. If it goes above this area a strong upside is possible, otherwise a pullback to the rising trendline.