2 day expanding large volume. Looks ready for more or retest of recent highs. Over 50.67 like for entry with hold if can close over.
Notes on charts on how to play this one next week. Note triangle. Should make a strong decisive directional move.
Notes on chart.
Nice weekend short idea.
Note this is what I was referring to. Like moves up to Trendline Resistance and close with lots of volume. Higher chance of TL break to watch next day. Next buy point over the red horizontal line. #VOLSTOPBUY trend
Note support resistance lines... Bearish below descending TL and recent horizontal resistance. My .02. However, May get interested long if SLV can actually get past down trendline.
As long as this stays below this down trendline... it is bearish. Above it. I get more interested in a long position. Bearish doji below down trendline.
Like over 3.14. Watch next week. Or like entry near up trendline support. Stop if breaks below trendline support.
FXEN looks like it wants to test 4.50 and breakout to recent high nice strong upchannel and volume today. Note strong upchannel and major breakout play over 4.50. Ran too fast now recharging?
Keep eye in morning...... Looks ready to break out of descending wedge.
Title says it all. Bearish candle off top of wedge. Target 160-155
So in the final hour... Looks like bearish island reversal pattern in $XLF / Financials.
Title says it all. But targetting retest of 160 or lower
Note 3 day bounce off 50MA and #VOLSTOPSELL still on. So caution.
Line just turned green. Watch close.
No volume in move to down TL resistance. Nice looking short here. with stop over red dot.