Apple is on the up and up by general consensus. New iPhone 8 is due for release the end of this year (latest: Nov'17). Shares will increase for a month after whilst analysts wait for first month sales results. If sales targets are missed, it may mean a start of the downtrend, or if targets exceed expectations, a break of the trend, followed by a possible...
Trend is showing an uptrend. China is looking to change their settlement currency from USD to XAU.
"Universe above" is a down trend. Australia's major export is coal which is on it's way out. USD with Trumps' tax reform means a stronger economy. How much stronger, the chart will tell without you having to do research. Enter a short at the 78% fib (.7477) and keep moving your stop loss down but initial targets are .744.
Short to 7184.7 before reverted for a new high. Nb. designed on a 5 minutes chart
Brexit, French election and everything happening in Europe and America, makes the FTSE a tricky one, but if we just look at indicators and trends, I would say the FTSE is to fall first to gather strength and then climb to a new high.
Difficult one to predict with investors buying in to metals ready for a market crash. However, it does seem to be acting like any other healthy stock. Don't be shocked for a Short soon as I've indicated.
Go long from around 73.37 to take profit around 79.83. Stop loss around 71.80.
Go long to next fib line or at a price of 89. Put stop loss around 70.75 in case of retracement. Circa 1 year.
Once reversed, go short to trend line. This is along game, circa 2 years!
Bottom of retracement already. Go long to possible break trend.
Short the retracement to 73.41 and then long to over 76 (peak from 2014)
Tested the top on Jan/15 from 1 year ago. Uptrend for next week before earnings report.