If SPX crashes to 100-Year-Bottom channel, it would probably rebound to the current channel. Bullish case would be to rise up to the 10-year trend line. Mild bear of another 15% drop would still result in SPX in current channel.
A brief show of my anticipated view of the AUSUSD Long position. At 0.7430 area it breaks resistance and drops to a low of 0.70225. But it at 2 points 0.73012 is hit but doesn't break above the first time but he second time it breaks and rises to 0.73364. We are aiming for the overall long position to 0.7500
NAS100USD is approaching its support at 6505 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 6954 (38.2% Fibonacci retracement, horizontal overlap resistance). Stochastic (89, 5, 3) is approaching its support at 7.09%.
The euro currency continues to press higher against the US dollar in early Friday trading, with price now holding above the 1.1600 level. The MACD indicator is trending higher on the daily time frame while the EURUSD pair is still exhibiting bullish price-action. Buyers are currently aiming for the pairs 100-day moving average, while sellers need to close the week...
Nasdaq 100 NDX Reading 2578 now - can come back to 7569 on the open but should hold hold up here if the day is to remain a good one....think it will be after a twitchy start. Marketmakers need to try shaking the tree to get some stock on board...don't think they will shake out much though - which should bode well for the rest of the day if correct. A...
The resistance level that was just broken into is also a psychological level of significance due to the fact that the price at this level is $100. This number usually hold some importance on many stocks. This stock has proven to hold this price level as an area of significance. DG (Dollar General) was also in a similar position not too long ago.
Right guys, I really do think that we're in for a short. I've been waiting for some time on this short to be totally honest, prices could potentially drop down to lows of 6975.0 Let's wait and see! TP: 6975.0
I believe we may be near a market top, if you are like me you may be wondering where to sell. This is my attempt to analyze the current moves. I do think that the stock market is nearly in danger but that being said, it is definitely not a certainty that we have hit the top. I am not counting on any new highs though because in my opinion, we have already hit...
I've got a bearish approach all the way, I believe that we're going towards the downside targets of 6700.0. Of course, prices could respect our current support level at 7000.0 and break to the upside in which I've got a buy entry placed as insurance at 7160.0. HOWEVER. I strongly believe prices will plummet down to lows of 6700.0/6400.0/6300.0 . TP:...
Technicals Positive on all time frames Has broken out above historical high Has broken and closed above psychological $100 level This was done in mild volume, so volume confirmation would be welcome Trade setup Buy the breakout in half size Stop loss at 92 and 88 Target 110 Expected timeline for this trade 7 weeks Please mind macro numbers (CPI today) and...
Nasdaq 100 Index NAS100 Although we managed to squeeze 299 points out of this short yesterday we could have got another 150 or so more had we stayed with it al the way down to the dynamic which has once again saved it. In doing so it has fallen 11% (6258 is 11% off the top, the low was 6254, not bad). A standard 'correction' runs to 9-11% and a bigger one...
Nadaq 100 Index: NAS100 Next Buy and Sell Points The last 3 declines on Nasadq were 339, 357 and 345 points. This one is now 354 points, so far - par for the course. Nasdaq is now flipping within the boundaries of the two fixed lines of support at 6696 (spiking below here by 20 points to 6676) and resistance at 6786 (spiking above here by 19 points to...
NEXT has just been dumped and needs to consolidate a bit.. The RSI confirms upwards movement and the MACD has just crossed on the 4 hours timeframe confirming bullish momentum, Profit targets are in ZONES A B and C, Buy in BUY ZONE STOPLOSS 00003556
i hope i am right i just bought some 1st target around 50% 2nd target more than 100% 3rd target 250%
Looking at the 2h chart, LTC/EUR has recovered from the cryptocurrency flash crash of some days ago (after a clearly visible reverse head-and-shoulders) and is now consolidating at around 86€, exhibiting a bullish continuation flag pattern. If price was to break past the resistance at 87.8€, the price could test the 100€ level (probably going higher, but since...