It looks like the market chose the most confusing structure to confuse everyone looking for a turn and convince them that it will never come. Right now it looks like a possible ending diagonal, so there might be a bit more to go (although the 5 can undershoot or overshoot), but basically the 5 can end any time from now up until the upper pink TL. The green line...
Counting waves down into 1890 and then rally afterwards. More info at www.LifeStyleTrading101.com
After an expanding A-B-C Flat, we are now in our c-wave up which should fall inside the target zone somewhere. More info at www.lifestyletrading101.com
I'm bearish on the monthly unless we have a miracle on SPX500 We've had 5 bounces of this key support line, I view it like ice on a pond. Every rally after it is shorter lived and weaker since the 2nd bounce If we retest this support area I think could be the final straw that breaks the ponds back
Expect reaction from 1900 handled on SPX, should provide a much needed pullback in gold
Acompanhe o gráfico, valores utilizados com projeção de fibonacci.
Shorter Time Frame - up into .382: www.facebook.com
Bounce off support (pore upside potential): www.facebook.com
At local support... One more break, and we going to test low www.facebook.com
Minor resistance held and now the August lows must hold otherwise we will have a date with the 3700 area. We are shorting all pops until last weeks highs get taken out. REMEMBER NON TRIGGER - NO TRADE!
Bullish shorter term frame - up to 50% retracement: www.facebook.com
Watch a very important Level (1894) www.facebook.com
Expecting ES to continue declining for next couple of days.
Looking at MACD on the weekly for SPX500 reveals that historically when MACD is negative for as long as it has been recently, SPX500 has crashed further. Weekly MACD suggests a bear 2016-2017 for SPX500
So, 1st Fib. level has been broken. Target is 50% now
Short term Long: Long at 2063, tp at 2076, sl at 2060 Long term Short: Short at 2080, tp at 1640, sl at 2140 Here's the movie link: kat.cr extra fun, thanks to quandl, don't know you, but nice idea LOL:
Still holding a small size on ES longs from an avg entry price of around 1854. Targets and stops as shown. It's probably safe enough to move the stop to either the breakeven point, or below 1870 (S3 pivot daily). The rationale is basically dip-buying. There's a lot of market chatter about the "death" of dip-buying (beta.finance.yahoo.com), but that underscores...
I'm short in the US30. I have been watching the order flow and there is still a large amount of bears hitting it at key levels. Bearish channel. MACD looks like it wants to slump over and diverge. 1st target will be .618 fib level. 2nd .764 fib level 3rd around 15200.