trading2day

trading2day

Gold is hitting the upper boundaries of the upward sloping channel. I believe it is topping and at least a small correction towards 1320 should be expected. Sell signal activated if prices break below 1339. Target 1320.

trading2day

Once prices break out of the upward sloping wedge, I expect Copper to test the recent lows just below 3,00 and it is very possible to see a new low.

trading2day

Once the upward trend line is broken, prices will test 1670 support.

trading2day

I expect an intermediate term bottom at the 61.8% Fibo retracement. I think it is time for dollar to strengthen from now on.

trading2day

The impulsive wave that started at 94 is near its completion. I expect a corrective pull back once the 5th wave is finished near 99.50

trading2day

Short term downward trend line is breaking. Possible upwad bounce to test 1.31-1.3110 area

trading2day

Similar downward correction as before. The decline could go even towards 1540, although I give more chances that it is over. No downward impulsive wave pattern means the downward move is corrective. Downward price action is overlapping, thus corrective. I expect prices to regain upward trend again. First SPX needs to break above 1598 and then break resistance at...

trading2day

S&P is near the end of the completion of 5 waves up. A pull back to test the upward sloping channel is expected.

trading2day

MSFT is trading above 31$ support and along upward sloping trendline. It is expected that the 32,50$ level will be tested over the coming weeks if support is held and the stock does not fall below 30,80$ area. If this happens, then we could see a deeper correction towards 30$ or even lower.