Looking for the low in the 3300 area to long S&P 500Using ES Futures, I am looking at the 3300 level for the long . The Day Bar Chart has text too .
The Directional Trend Index has reverted to the middle and is now turning up. Price is above the moving averages and not extremely deviated from them. Monday offers a great opportunity to enter the bull trend. I'm hoping to see a low in the early part of the day with the support level holding, and there is always the chance the price is not offered and a new plan must be made.
I will update this as it develops!
Dti
Stochastic Long Signal Crude 1hStochastic providing the early entry. Stop is last low print - 2t 52.08.
I happen to be 10m delayed and know from other platform that it went down about 13t from 52.35 to 52.22 during the delay.. still anywhere around here is the hourly swing up best entry if it's going to happen. If it doesn't.. it doesn't. If you like more confirmation, enter the DTI.
ETFC flag's bottom line (support) oncoming retest?Signals:
Double bottom
Wide Flag
Buy 24.60-24.70 retest of flags bottom line
Target 29.00
Stop 24.34 (-1 tic flag's low)
R\R ratio 1:16
CBS: weekly chart supports daily consolidationSignals:
weekly double bottom
weekly consolidation-flag under inclined resistance (we forecast its breakout because double bottom hasn't played itself yet)
daily consolidation-flag
Buy 53.00 (breakout of daily flag's top line)
Stop-loss 51.10 (-2 tics flag's low)
Long-term target 64.00 (sizing+horizontal resistance)
LAUDER ESTEE COS INC: The beginning of trend reversal?Signals:
1-breakout of inclined long-term support
2-formation of local bearish movement
3-double top with oncoming realization
Sell 91.89-91.50 (the breakout of double top neck)
Stop 94.28 (+1 tic of double top high price)
Target 85.00 (Elliots' waves+strong supporting price)
Expecting boom after long consolidation of Tribune Media stocksUsually after such channels, there is a great movement.
But we are not very greedy :)
Supporting signals:
1-gap
2-double bottom
Buy 40.00 breakout of top channels line
Stop loss 37.50 (the middle price of the channel)
Target 50.00 (sizing+strong resistance)
Risk\return ratio 1:4
Technically and merely short (CUBESMART)There is a possible correction of the price.
We anticipate at least the down movement to 24.00 price.
Sell only after price turning to the short after consolidation
approximately 28.00
Stop loss to the high of local consolidation (approximately 28.30-28.40)
target 24.00 (sizing+inclined support)
A lot of levels, but unique chance for bullsMain signals:
1-breakout of local and monthly short trends
2-double bottom formation
3-ongoing test of 70.00 price level (we hope for the bulls' test)
Now there is a beginning of local consolidation.
We advise waiting and after that buy the breakout of top consolidation's line
or 73.11 breakout of double bottoms' neck.
Stop loss under consolidation's low.
Target 80.00 (Elliots' waves+strong resistance).