grimweasel

grimweasel Updated 

Weekly bearish Shooting Star candle on $SPY weekly. Big week on earnings front with market leaders reporting. Sell the news event. Failed at downtrendline. The Monthly charts show a DeMark Sequential 13 print too, so sell below 265.00

grimweasel Updated 

We have a Demark Sequential 9 print on AUDUSD which portends higher prices above 0.7553 with an initial target of 0.7812 (the high of the No1 bar of the 9 count). Buy above 0.7553 or await a move lower to see if we get a 13 print countdown.

grimweasel Updated 

Weekly chart shows a Demark sequential 9 bar print buy setup. Also prints off descending trendline and test of breakout. Tallies with fundamental global reflation narrative supportive of commodities. Expect this share to double from here. Target 9.3p then 12p on Fib projections from monthly chart.

grimweasel Updated 

Very Solid DeMark 9-13-9 Sell setup on H4 FTSE combined with Demark Sequential 9 Sell setup on the Daily TF. Sell below

grimweasel Updated 

13 Print on DeMark Countdown after a 9 Sequential buy setup. Play on Global reflation narrative and trade wars increases prices of Soy etc

grimweasel Updated 

Highly correlated with global equity markets and looking weak. Often leads equities. Expect lower prices. We have had a TD Sell Setup 9 count and today we have the first red 1 (after bearish flip). Sell AUDJPY and target TDSL at the low of the 1 bar of the sell setup circa 81.00.

grimweasel Updated 

Already short GBPJPY based on DeMark Sell 9 count. GBP way over bid even before weaker inflation figures this morning. Keep Selling to 149.00

grimweasel Updated 

Crude (WTI) (CL_F) has shown a very ominous sell signal via the DeMark 9 setup and DeMark 13 countdown. The pattern now has 13-15 bars to develop the sell conditions otherwise the setup is negated. Look for bearish price action or sell the close below the 13 bar low (c.$62.00) to target c.$47.00 which is the TD setup low of the no1 bar of the setup 9 count....

grimweasel Updated 

3UKS (3x Short UKX FTSE100) ETF is displaying a DeMark Sequential 9 count today which correlates with a sell DeMark 9 count in the FTSE100 (UKX). If we close today with the 9 intact buy above the bar high to target the DeMark Resistance line depicted from the high of the no 1 bar of the current 9 count. Close half here, then keep half open until we see a 9 Sell...

grimweasel Updated 

If today's close on the FTSE 100 (UKX) closes higher than the close 4 bars prior then we will have TD Sequential 9 count sell signal. One can then place orders below the low of the 9 Bar short, with TP at the TDSL (horizontal support from the low of the no1 bar of the 9 count). Should price continue higher we could see a TD 13 count develop. If we see a 13 print...