Take this analysis as you will. 50 MA just crossed 200 MA and now acting as la resistance on the 1-5 min chart. lets see what happens
Take it as you wish. Dollar is going to have another nice pop again today and wondering how the relief bill situation will make this act. people move markets and people have emotions. boom
USING KISS method to this chart. Says volumes... yesterdays little dip gave birth to this Beautiful pattern. Tomorrow might be the day this bad boy finally listens and sits down. Mega long rising wedge on the daily chart complete with nice overbought conditions. This is my spec find yours
take it as it is... i believe if things continue to swing how they are... The dollar will have a nice rally especially after breaking out of a months long descending wedge. i outlined a triangle because its easier to see for me to see
XAG holding its ground a little above the 50MA on the hourly chart but zooming out and looking at weekly its showing a nice primed action for taking a little dip and retracing back to .618 area towards the bottom of the descending triangle. Elliott theory also looking like a bearish formation but I don't care to much about that. Gann fan also showing that this is...
Nice bullish Elliott triangle pattern formed on the 4H chart. Most likely will break out tomorrow possibly on the announcement of some news, who knows... though I know that this is bullish and RSI MFI and showing good room to for a little pop
Bullish triangle wave pattern for Paypal with a little coil up occurring for some probable upside. good room for RSI and MFI and looks to be a possible pivital point for MACD. 10 day MA also making a good little move up. think this might play out good for short term though Im not a fortune teller.
I believe there is going to be some good price action on silver lowing, with equities growing steadily and other safe havens slowly decreasing its safe to say it might drop a good amount in the next week or two. interesting to see commodities and the dollar lowing at the same time but that might chjage with DXY here in a little gg
Possible bullish scenario for the dollar. Thinking this will be a good reaction to a further slide in equities
i believe this might be a pivotal moment in this major index and looking like the corrective wave for this ascending triangle is bearish. time will tell
of something great unfolding, and not in a good way. Most are concentrated on the daily chart Looking at the weekly chart there are a lot of different indicators that are pointing towards a potential start of a complete reversal in a years long bull run or the potential set up for a good sized dip. Somethings crazy has to happen in the next two weeks thats...
I believe still more upside to this based on the FIB retracement from SEP highs and ascending triangle with a bullish triangle wave pattern
With the RSI and declining volume over the past couple of days I believe this will lead us into a bear Monday so good time to offload puts. Followed by a good rest of the week possibly reaching ATH before election. Going into elections I believe there could be an event be it a contested election coupled with rising Corona cases globally or aliens invading that...
I believe that the period of time we all are in, with the world a lot of uncertainty scares a lot of people. Here is one thing that i believe is for sure, there is no way politicians will allow this market to tank anytime soon with the elections coming up. The amount of stimulus that has came and is to come will give way to another part of the melt up and will...