Possible H&S, top of left shoulder/neckling is in the low 90s, an area that has been hit a few times. The 2009 trend-line broke in 2015. MACD is positive and looks like it could have a postivie cross-over. CCI and RSI both trendling lower, but not low enough to warrant a bottom. Leaning bearish but signals are ...
Still think rates will head lower due for a myriad of reasons, but in the short term, it is plausible that rates will go higher for technical reasons.
Longer-Term Reasons for lower rates (i.e. lower for longer)-
1) Monetary Policy remains accommodative
2) Growth/Inflation expectations remain subdued
3) Foreign ...
I'd say closer to a short than a long, but we still need a clearer picture. A break 24.5/25 would be bullish, a break below 20 or so, bearish. THink we will move one way or the other in the coming months based on important fundos such as Spanish Election, Brexit, US election, China, etc.
Might be H&S forming, but also could break higher. Not really sure right now, but it looks like a big move could be underway. MACD looks a bit unclear, CCI appears to be bottoming, RSI looks like it could rebound but near 50.
New phone looks to be a bust, and is just meant to be a filler pre-7 release.
RSI under 70 and drifting lower
MACD trending negative, and appearing topped out
LT Trend line from 09 broken
00 and 08 bubbles looked very similar in these 3 regards.
on the fundamentals front- china devaluation, removal of qe & 0% rates from the fed, energy and commodities crash, etc.
Draghi jaw boning or further QE could put the immediate moves into question.. From just reading the char however, the euro seems to be staging a relief rally (MACD about to cross bullish, oversold yet recovering RSI, bottoming out Coppock curve. Over-head resistance sits ~1.25, where I think EUR will fail and ...
Near term catalyst-
Bullish engulfing on 7/7
Bullish MACD crossing
Broken distribution trend line
RSI breaks out of over-sold conditions.
In the intermediate term, CHK still appears to be moving in a range. Based on the upper line, it looks like 14 will be an important area. It it breaks through 14, there is a ...
Stocks look ove-extended, and the rally is long in the tooth. CAPE Ratio & the Buffet Indicator are also at or ne
Stocks are hanging on a thread, sitting right on the 2009-Present trend-line.
The 20 bar is sitting well above the 50 bar however.
There are a few divergences-
Bearish MACD crossing
Declining RSI and ...
If policies continue to diverge, there will be strong fundamentals in place to justify a stronger dollar relative to the euro.
From a technical standpoint, the long term support line appears to be broken.
The 20v 50 day cross-over suggest momentum will be downward sloping.
Bearish MACD cross-over is not a good ...
Not sure which way this will move (but I would learn towards up). The chart & the indicators all seem to point to a big thrust in one direction or another soon. Probably need to watch rates & the dollar closely to get a clue as to where gold and gold miners are heading.
I don' really know how to evaluate the fundamentals of TWTR so this analysis is mostly about the chart..
Support seems to be strong from 35-37. I think the upside risk-reward is much better here, but probably need sell stops below 34ish. Gap left open at ~42, and the top of the parallel trend-line is ~50. ...
Technicals look fairly good, but perhaps slightly over-brought in the near term.
GILD's monster quarter helped the shares jolt upward and break through the medium-term downtrend that hit the stock after fears over margins for Harvoni & Sovaldi.
- Q1 Earnings: Decimated Revs & EPS
-Q1 Earnings:Margins not hit as ...
The downward channel broke severely to the downside this week after KORS plummeted an additional 25% post-earnings. I think the multi-year lows of ~35/36 will be tested if not breached. Even if the stock is slightly oversold in the very near term, the trend on the technicals is pretty clear.
After a ...
Bearish MACD Crossover
RSI Rolling Over
Stochastic Topping Out
CCI Charging Lower
Break of the 2009 trend-line paints a clear picture. The market is going to head south in a big way in the not too distant future. A break of the ~10,400 or so line will confirm.