shaxrashid

shaxrashid

Palladium hits 161% fibo level after a strong bullish rally. We can expect some fall back towards 23% - 38% fibo if it is unable to break the resistance above 1085. Short play take profit targets 1030 - 990 and Stoploss 1095.

shaxrashid

ChinaA50 has gaied 760 points after the call i made to BUY at 11000. I still se upside for another potential 250/500 points up in the coming days.

shaxrashid

HENGSENG was a screaming buy after it collapsed towards 26000. I was strong bull after those levels and went long till 28000. I do see slight pop up towards 28150/200 and close the gap before we start to see some more downward correction.

shaxrashid

In my previous DAX call I recommended a buy till 12400. It has passed that level convincingly and might even look to go towards 12500/680. However I do expect a fall from those levels back towards 12200/140. but for now I will stay on the sideline and watch what it does.

shaxrashid

ChinaA50 has fallen towards 200SMA and 161% Fibo. Has found support and looks set for a good 1000 points Rally in the coming weeks.

shaxrashid

DAX30 is sitting right around the trend line, My personal view is that it will move back towards the upside from here and the trend line will hold its level and we will be looking at 12400 in the next week or so. However any geopolitical news will be a major turning point for the Index and Possibly send this towards 11300 Area.

shaxrashid

Bitcoin has not shown any signs of recovery and has failed to Rally, I still stand by my Call of BTC falling towards 3000/3500 Mark back in MAY from 9820 level which you can see as a reference. Since than it has tried numerous times to rally but has failed miserably. We will be witnessing a total collapse of Bitcoin when it reaches the 5800 Mark this time.

shaxrashid

if current level holds Expect it to climb backwards 28000 Area and close Gaps.

shaxrashid

If you have been following my previous calls on BTC you can match the graphs and call to Short BTC from 10,000. It has been paying off since than and more down side is yet to come

shaxrashid

Ibex35 has been able to sustain its position around the support area and should be really for an upside Rally in the coming days/weeks all the way to the top from where it all started. Yes, It will take at least a month for this trade to complete so be patient with it.

shaxrashid

Clean Text book short played by dow jones, giving late hours retracement but the trend looks certainly down. We have to wait and see how far off the retracement goes but certainly a big bear engulf candle is in place for further down play,

shaxrashid

So far my previous to calls for short have been playing out nicely. Will have to wait and see if it really drops to the expected level or do we get a pull back. I expect a sudden drop and if we by any means fall towards the last 2 lows we will break that low support this time and make fresh new lows for 2018.

shaxrashid

As you can see there seems to be a lot of resistance on the downside for SPX 500 to fall towards my target price, but I believe in Drama's and not just easy trades. I like the story in the charts which has been given to us time and time again. The momentum is towards the upside as it has broken the major trend line but that does not mean we will not break it again...

shaxrashid

A lot is going on in here and a lot needs to be taken out to reach this bearish scenario to take place, but YES! it is possible and I am going in for this with stop at 1645/50. This needs at least 2 weeks bearish trend to play out for the price to reach 1460 Area or maybe just maybe if the markets get stretched than 2nd Quarter will be my target. The graph is self...

shaxrashid

Gold finally breaks the resistance formed on the downside at 1301. I had posted the chart a month back, it was clear that gold will fall due to multiple attempts to the upside but couldnt breakthrough. We can see some minor pull back to 1301 and than another leg down towards 1275/70, I am looking at 1220 being my first target on the down side. as long as it stays...

shaxrashid

As i had mentioned earlier about the short play in SPX500 that has come to fruition. We have dropped 40 odd points and testing the trend line resistance. Will be looking closely at the break below to confrim further downfall which personally i would love to see at this point.

shaxrashid

I have been carefully monitoring HSI Hengseng and its range. I have been correct on several occasions and once again I alerted short yestarday and it has paid off. look out for 200MA to find support for today.

shaxrashid

HSI has managed to show some upside volatility and complete chart patterns. It has rallied from 29850 level where I suggested a Buy. We have some resistance in this area and could potentially be looking to close some gaps from here as it has rallied around 2000 points from last week.