If Natgas breaks 2010/2014 High black line; next target is Red resistance line of 2005/2008 high around $6.45-$6.15 by 2018 RED RESISTANCE LINE Dec 2005 $15.53 high & July 2008 high $13.56 BLACK RESISTANCE LINE FROM 2010 HIGH & 2014 HIGH
Pattern 1, Nat Gas green line support broke & made a new low @ 1.87 Pattern 2, Nat Gas green line support broke & made a new low @ 1.50 ???Pattern 3, Nat Gas will??? break green line support & make a new low @ 1.10??? SOLID BLACK RESISTANCE LINE FROM 2010 HIGH & 2014 HIGH GREEN SUPPORT LINE FROM FROM 2009 LOW & 2012 LOW & 2016 LOW Sep 2009 Low - Jan 2010...
S&P HISTORICAL SUPPORT AND RESISTANCE LINE. 1ST BLACK LINE ACTING AS SUPPORT FROM 2000 HIGH CROSSING OVER 2007 HIGH MAKE IT A HISTORICAL RESISTANCE. 2ND BLACK LINE ACTING AS FINAL SUPPORT FROM 2002 LOW CROSSING OVER 2009 LOW MAKING IT A HISTORICAL RESISTANCE LINE FOR ULTIMATE BUY???
S&P MONTHLY BEAR MARKET PROJECT RED LINE
******DAILY CHART ONLY****** ============================ S&P BROKE SUPPORT. WE CAN GO SHORT NOW FULLY LOADED. The RED RESISTANCE LINE WAS CREATED FROM 2 TOPS: ONE FROM 2015 MAY HIGH AROUND 2134 AND TOUCHING 2016 AUG HIGH AROUND 2190. The green line STARTED FROM 2016 FEB LOW AORUND 1810 AND IT TOUCHED THE NEXT LOW OF 2016 JUNE AOURND 1990. BUT Todays OCTOBER 13...
EURUSD BROKE GREEN DOTTED SUPPORT LINE FROM 2015 NOV LOW $1.05 . AND CREATED A DOWNTREND RED LINE FROM 2016 MAY HIGH FROM $1.16 Next test fro EURUSD IS SOLID GREEN LINE WHICH WAS CREATED FROM 2015 MARCH LOW @ 1.045
Bitcoin still trading in Triangle pattern. There are 3 triangles in different degrees in play with BITCOIN : 1) One higher degree from 2013 HIGH $1100 (REDLINE) & 2012 LOW $5 ( DEEP GREEN LINE) 2) One smaller degree from 2016 high (RED LINE) $770 & 2015 low of $200 (LIGHT SOLID GREEN LINE) 3) SMALLEST DEGREE 2016 JUNE high (DOTTED red LINE) $770 & 2016 Aug low...
There are 2 parallel line/CHANNELS. 1) RED line & Light GREEN line . (SOLID) 2) ORANGE line & Deep GREEN line. (DOTTED) NASDAQ broke the number 1 CHANNEL even though it made a all time high. In next few days/weeks It will break the 2nd dotted CHANNEL. Which may or may not create a new high but people will thinks it's a buy time. Honestly it's proving that...
RESISTANCE @ $3.51 AND SUPPORT @$1.53. As long as it hold the green dotted line you can keep your long positions. But if it breaks then you have to wait for the rest of the solid green line; but if that one fails go short. Also you can go long up to $3.51 as then it's a resistance zone too. And you can go short up to $1.53 as than it's a support zone.
CASI TIME TO SHORT. It is hitting the red resistance line. Once it hits back the green line we can go long.
Cure oil upside is very limited. Resistance is at $55. If it doesn't breach in a week or 2, we can go short on Brent.
RESISTANCE @ .0533. Go Short as soon as it hits resistance line.
BTCUSD TRIANGLE PATTERN. Breakout to the downside may happen any time.