Could this bear party be just getting started? On Friday the NYSE down volume or DVOL rose to it's highest since 2011 And this is likely just the first day of a larger selloff. Whats your thoughts ? Please comment!
Using data from Quandl we can view the FINRA short interst for SPY as a contrarian indication of market sentiment. When the 20 day average is at an extreme low it can signal a market peak. And when the 20 day average is an extreme high it can indicate a market low. As always your comments, insights and thoughts are appreciated! Best of luck!
The SPX has been up and down more than a yo yo over the past year. Should traders and investors expect more of the same going forward? What's next for the SPX? The index has enjoyed a solid run up to this point since February lows gaining over 16%. In early May the 50/200 moving average 'golden cross' gave a bullish signal. Backtests show the 'golden cross' 4/5...
According to investing.com, the average of 27 analysts polled in April shows year end target forecast of 13550. Weekly RSI is approaching 60, with the upper weekly bollinger band starting to level off. Technically the chart appears to indicate the price trend is now towards the upper side of the trading range and offering a less attractive 'risk-reward' ratio...
Nice rejections around Monthly/Weekly/Daily Support levels. If can sustain this momentum we can see higher prices
Buy Low , Sell High rule. If hold this level , we can anticipate higher prices
Es is very far away monthly demand zone (1959.25-1794.75) but inside of a weekly supply zone (2105.25-2079.75). However it just created a daily original demand zone at 2091.75-2073.50. In these conditons, we are inside of a weekly zone where previously sellers had their strenght but the daily original demand zone may give us a difficulty going downard. We can...
twitter.com Weekly Bulletin tradewithcan.blogspot.com.tr
TP1 : 1:1 target hit TP2: i will be trailing till the 2nd target above twitter.com
H4: We are reacting from H4 demand zone H1: we have just created an h1 demand zone and may go till h1 supply zone above and test it 15MIN : We have an original 15MIN demand inside of the h1 demand zone TP: 1:1 TP2: Trail till 15MIN unfilled orders Good luck! twitter.com
Nice Risk/Reward ratio.
Here are two possible scenarios: If the price "respect" the trendline and the support it's a BUY. If it breaks the trendline it's a Sell. Either way we have a nice Risk/Reward ratio! You can follow other indexes (such as DAX and S&P 500) as they are with a strong correlation this days. Please leave your thoughts on the comments!
SPX, NAS 100, RUS 2k, DJIA under the Obama administration 2009 -
The Nasdaq has worked it's way through resistance and is now inside the chop zone. It may bounce around in here as it waits on the Russell to catch up.
The Russell is back inside the shoulders of the weekly head and shoulders. This could be seen as very bullish. For now pullbacks are buyable.
This is written in swedish. This charts shows all of the Federal Reserves increase and decrease on funds rate. Each bubble has their respective dates and basis points. All data är collected from Feds website. The green one are rate hikes The red ones are rate decrases. The purple one are the 9/11 and banks crash in 2008.
Weekly chart indicates UK100 in a bearish trend setting lower and lower highs. RSI and CCI show overbought market which means that bearish trend is going to continue for at least few more weeks. Stoch RSI is at 96.47/98.08 which is a clear sign of over-bought market. Given the fact that Goldman Sachs increased its recession expectations from 20% to 30%, one...