Holding position here. Weeekly set up showing some strength on volume and momentum. $EWZ $BRZU
Price testing support level of previous structure and complete ABCD pattern at 78.6 level. Price potentially pullback from this level, targeting back to 61.8 level.
PT1: 34.50 PT2: 44.50 PT3: 54.80 In @ 16. Add @ 24.10. Sell Zone: 99.10 Long bias on Brazil.
El oro se encuentra bajista buscamos el impulso mas para su onda 5.
QQQ HOURLY CHART ELETION UPDATE: Upper limit is $119.72 and lower limit is 109.12. Unlike SPY QQQ is very strong and doesn't show weakness sign yet in the price chart but technical are weak though. Need good options strategy heavy on the short side and less on the bull side. But looks like it will move either way in pre/post election days.
BAC is doing ok for now, but if they hit by another Financial crisis, guess what, they will be gone.
l If the interest rate policies that can sustain the pace of gol
Stocks that spike, like $GOL here, are always of my interest. This big gainers spikes with almost to no news out. Purely hype. Also, it has been trading under the 50MA since Sept. of 2015. My goal here is to short it at around .57 (resistance), cover half at .42 (daily support), and the whole at .25 (lowest support it has had.) If it decides to break...