Hello My fellow Bears, so before I share my thoughts I want to just tell you that shorting the SP500 was not a good Idea. Major Uptrend Longest Bullrun in History, Fed pumping liquidity , Stock Majors Buyback Excess and Trump Tweets. And by the way the Oval Office released a note that there will be a 11 am EST an Pressmeeting - just right about the overnight...
Just before US Market Open the DAX Index bounced of 13300 filling perfectly the gap. You are looking at the DAX Chart of OANDA which is also active overnight, you can see Gaps on the Xetra Chart of the DAX Index (which is not active during Overnight) While the $SPX500 already trying to break a similar Patern to the upside targeting Prices around 3200-3220 the DAX...
In the Overnight hours the Dax Index Price broke out to the upside is now heading to retest next resistance level of 2018 highs. For 100% Confirmation we have to wait for this daily or this weeks Candle Close to be sure about this breakout but the fact that we broke resistance trendlines and trading currently at market open, above all past 2-3 Weeks Candle Closes...
Gold is maneuvering its Price in a interesting Position. But if you are planning to open long Positions on Gold you should be patient rather than being fearful of missing out potential upside. Almost everyone looking at the Gold Chart will spot the Bull Flag and will see this as a signal to jump on a long trade. Such a decision definitely can be categorized...
Are the Bears getting their Paycheck finally? Last week's SP500 candle closed with the shape of what Trader like to call a “hanging Man Candle” This Candle shape is normally seen as a reversal Candle. On the TomDeMark Indicator the hanging Man Candle was on a 8 of 9 Count what is just saying that this upmove is coming into an area where the probability of at...
The price of the DAX Index is trading since the start of November in a range between 12910 reaching peak of 13370 on the 19 of Nov. The Price almost reached the 0.236 Fib Retracement on the 3rd of December and it seems that it got frontrunned and bounced of it. Placing price action at the start of the week almost exactly in the middle of the range. Daily...
While the SP500 trading at all time high and Mainstream media and the American Government is just talking about how wonderful, bright and happy everything is i just want to share the technical chart of 2019 Federal Reserve Fed Cuts on the SP500 Chart which were done this year. 31.07.2019 2,25% SP500 dropped 8-9% 18.09.2019 2,00% SP500 dropped...
The German Stock Index had a phenomenal uprise since the break of resistance around 12475, but at some time every Party has to at least close for a few hours to clean up the mess. German Stocks where pushing strongs with gains about 10% - 20% across the board and the whole market has positioned itself in overbought territory where Profit taking will come into...
=================================== Current Opinion about Gold: Make it or Break it - Situation for the Bulls Perfekt Pullback to support 1485 even with a wick down to 1475 as of Fridays Market Volatility. Bullish wicks may confirm a higher low on smaller timeframes =================================== My last TA-Post predicted that 1485 Support will be testet...
A short technical update on Golds price movement as we see some structure is building up. =================================== Current Opinion about Gold: Pullback to support and then bullish continuation =================================== Gold is trading in a Makro - Downwards channel, trading in the vicinity of the upper Trendline . Although despite the nice...
$GOLD #GOLD will it behave or be irrational? #XAUUSD ======== Prologue ======== Gold has been on a makro view in a uptrend but painting now lower highs and lower lows on smaller timeframes it is maybe coming into exhaustion. Given past market condition of retracing Index & Stock market prices it gained because in general Gold is viewed as a safe haven asset. This...
Gold perfectly respected the Daily 0.236 Fib at 1460 and is now maybe to ready to turn the lower timeframe already to the upside. ========== Bullish Case: ========== Looking at the H4 Chart the Stoch has left the bearish control zone pointing up. The RSI is trending upwards, regained the EMA and pointing up. Price is now trading above the H4 10EMA below the...
$GOLD #GOLD Will it touch Lower Support? Preparing to Buy the Dip. The price of Gold is Trading since a Month in a big range between 1480 and 1550 and looking at the H12 Chart it seems that we are close to make a move out of it and retest lower support levels which are coming in at the vicinity of 1450. H12 Stochastic is still pointing down heading into bearish...
======== Prologue ======== Since the Triangle Breakdown and break of 9100 Support Bitcoins price already reached our second Targetzone nearly perfectly and is now at a real important Price level which will determine our next moves. ================== Technical Perspective ================== We want to take a look at the Daily but before we just sum up the...
$BTC #Bitcoin Triangle Breakdown but now it requires your best Risk Management to profit from this asset. ======== Prologue ======== Ladies and gentlemen you really need to be ultra aware of the current artificial money flow in crypto the current impact of USDTether on Bitcoin has all warning signs that this is all working and setup to suck fiat money out of the...
Dax has opened on monday morning with a expected pullback Move, but how far will it retrace or will it go sideways? Daily stoch and daily RSI are telling us since many days that past uprun is running into exhaustion as the oscillators are turning down starting to leave high levels. We have major key levels that we can easily watch and manage our Risk From...
$EURGBP is on a Makro Perspective since weeks in an Sideways Channel, giving no real indication on Makro-Trend. This Pair is currently in a No Trade Zone. A further Retracement and continuation of the Pullpack to (3DayChart) 377EMA or 0.786 Fib Level is more likley. The 0.9094 Resistance align with the 0.236 Fib level could be again Retested on the Way Down. As...
- Bitcoin Price Update 17.09.2019 - Did Bitcoin Bulls already lost the fight? Price is now trading again towards 10k Support, below yesterday's daily Candle Close. Daily Stoch and Weekly Stoch are still heading down. On Both Timerames the Stochastic is divergenting and accelerating to the downside. Price action is currently flattening out squeezing all...