etsimastuottoa

etsimastuottoa

From the beginning of 2016 small caps have overperformed large caps. Now the trend is seems to be changing? Would not be good thing for stock market breadth. Let's see if it's a fake move, but if not... Be aware.

etsimastuottoa

In the crossroads now. Rejected by the weekly 20ma, but breadth has more room to improve. Interesting to see how it behaves close by the the bigger tf trendlines. Closing below 18000 would be bearish.

etsimastuottoa

whether you like it or not, it's trend has changed. Stronger JPY is also supporting it. MACD turning bullish, RSI trendline has broken. Let's go.

etsimastuottoa

Bearish triangle. I see the upper trend line holding & MACD turning down. This short offers still good R/R with positive carry.

etsimastuottoa

Nice bull div playing on

etsimastuottoa

Hoping this will not be choppy *hit for the rest of the year. LET'S MAKE NEW ATH

etsimastuottoa

Re-tested 250MA. Strong bounce and upwards?

etsimastuottoa

TINA

etsimastuottoa

buying stawks. TINA

etsimastuottoa Updated 

Let's take some rest soon?. Let's see if get a turnaround or just loading up for next bull move. A small drop from here would be healthy.

etsimastuottoa

Not ready to give up on dollar just yet. 250 DMA is the resistance. Hoping to get some upward speed at the edge of the tunnel. It would turn smaller dma's upwards and cross the 250dma. That would be real bullish scenario. Otherwise, if it does not bounce, it is going downwards and hard.

etsimastuottoa Updated 

strong candles confirming direction. Daily candle showing real strenght. Buy any pullback (if we get any)

etsimastuottoa Updated 

Hoping to get spike to 2160, which would be very good potential short area. If it happens today, it's powerful price extension (daily 5/20 atr is about 22 pts, this one would be about 25 pts). Would be happy to short that. At the moment 2150 area looks strong and we may not get trough that, but I'm patiently waiting how they price behaves. FOMC day so anything...

etsimastuottoa Updated 

Simple: Too much, too fast. Yellow box above is at the end of the daily ATR . We should get a pullback from there. If you long now, you're too late. Don't chase. Short if the price gets to to the 1.618 fib.

etsimastuottoa Updated 

going to the next resistance. Watch the price action over there for game changer. Happy trading.

etsimastuottoa

I believe SPX is heading to the next resistance line (around 2160, yellow box). There is actually nothing before that (presuming we clear 2150 resistance). I will look over there how the price reacts. 0.618 fib is also there, so it could be a potential turnaround area. The FED meeting is at Wednesday so volatility could start picking up then just in time.

etsimastuottoa Updated 

small tf trade. Let's visit downstairs.

etsimastuottoa

fibs work beautifully here.