Market Part of Weekly Recap www.youtube.com
Market part of Weekly Recap: Week 39/16 - www.youtube.com
Market part of Weekly Recap: Week 39/16 - www.youtube.com
Market part of Weekly Recap: Week 39/16 - www.youtube.com
Market part of weekly Recap: youtu.be
Market part of weekly Recap: youtu.be
Market part of weekly Recap: youtu.be
Longer-Term all Indices are trending up. The US Indices have done so for some weeks now, Europe and Japan seems to be following now. The Dax has hit a Breakout four weeks ago and was trading on top of it for a month. Last week showed strength in price with rising momentum on the intraday timeframes, a continuation to the upside making new ATHs is possible.
Nasdaq fails in 4h demand zone just above gap support and 150 SMA, overall trend direction most likely to be resumed. On weekly uptrend after breakout above 4600 hadn't failed in last couple of days, still long for longer-term trade. Trade the reaction of price - no predictions, just following.
Weekly Recap (video) chart of Gold doing exactly as anticipated (indicated by black lines), market drops exactly into previous demand and then rises like crazy. Could be the end of some internal correction, continuing weekly uptrend. Patience.
After failing to drop further when breaking out south below $90, this stock has resumed its trend to the upside. It seems some stocks just won't go down more than the typical 38% fib retracement, AAPL is one of them. A current breakout Signal exists already, a new one might be creatd at the end of the week. New ATHs should follow once it's taken and given some time.
Internally Gold is heading toward its overall trend direction, meaning up. The weekly failed inside the balance zone this week and didn't seem to want to go lower, let's see if this 4h fractal break has any meaning to it for the overall trend to continue. This market will be part of the weekly update again over the weekend: bit.ly
The last week GBPUSD has traded to the upside right back into its previous supply zone. It seems many short orders are waiting there to take prices lower again, just in the overall trend direction which is still down on weekly + monthly chart. New lows expected.
The overall trend in EURUSD remains down despite its 1.5 year correction at its lower levels. I have been waiting for breakouts to work for a while - short positions have not been stopped out, despite the past month's sideways movements. Last week the EURUSD seemed to be weaker again, let's see if that weakness can persist towards the end of the year.
The Nikkei had been rising prior to it's larger correction from mid 2015 to just about last week. The market hit a fractal breakout signal to buy in the direction of the persisting overall trend. Expecting new highs over the longer-term.
Market part of Weekly Recap: www.youtube.com
Market part of Weekly Recap: www.youtube.com
There is no reason to call the top in the US Indices. Even though even Soros and Faber are doing it, you should just trade the markets, since these guys don't know more than the price of what they trade, just like you. Everyone calling for the end of the rise in the indices are totally off imo, just look at your chart and see how prices are rising. Even though the...