Markets
SP500 short ideaMarkets SP1! have been headed higher for a long time. It may be time for a healthy correction. If this continues, an AB=CD style retrace out of a bear flag could happen. Be prepared.
NATURAL GAS GOING LONG!!!Natural Gas GOING LONG VERY SOON!
I anticipate Natural Gas to reach highs of 3.100/3.300 .
A decisive break above 2.272 , will prove to me that prices are ready to ascend all the way to at least the 3.100 Region .
Stay tuned guys, I'll update you guys!
TP: 3.100/3.300
EUR/JPY GOING LONG!LONG ON EUR/JPY?
I anticipate a rise in prices to the upside target of the 134.00 Region.
TP: 132.00/134.00
TWTR could fall significantlyShares of TWTR are looking vulnerable after breaking below post-earnings channel. There's an open gap that needs to be resolved, and given broader tech concerns and high valuations, I'm shorting it (again).
Long Term SPX Still In Trouble...This long-term monthly chart with the wave count (assuming its accurate) on it suggests we've made our high. A rally over the next few weeks should be viewed as an opportunity to sell at higher prices, and even short outright. I think SPX still needs to flush out again, but we may have our short-term swing low in place. Expecting a retrace of the swing back in the 61.8% level to re-initiate short position.
HSI at stiff resistance... forming double top?The HSI seems to be forming a double top on a long term chart. RSI has broke its trend, suggesting weakness ahead. Also facing headline risk with trade war noise. Shorting in to strength for a longer-term bearish play.
SHORT ON NASDAQ! UPDATE!PRICES ARE FINALLY BEING DECISIVE!
I see prices travelling all the way down to the downside target of 7000.0/6600.0.
Let's Wait And See!
TP: 7000.0/6600.0
Major Support for BTCUSD Must Hold!BTCUSD is nearing major support that must hold for bulls to regain control. The 61.8% retracement from the all-time low to the all-time high is at 7598. A failure there opens the door for a decline to 4257, the 78.6% retracement of the same swing. I suspect an extended consolidation period will occur given the magnitude of the price swings, so multiple tests of support also seems likely.
SPX Short Term BuySPX appears to be setting up to move higher in the short term. I remain intermediate term bearish, but several important supports were held this week even with consecutive down days in the market. Volume was robust, and recent market leaders showed strength, especially in to the close.We broke above falling trend line resistance at the beginning of the week and remained above it as we consolidated, and also remaining above upward sloping trend line support. We tested intraday and held above both the 20dsma and 50dsma, the latter of which is coinciding with the 61.8% retracement of the swing from all time highs to the February lows. It's worth noting that the 20dsma is currently below the 50dsma, causing concern further out. However, the 50dsma remains firmly above the 100dsma, a level that acted as rough support during the selloff. (While not depicted on this chart, the 5/13dema that I use is in a buy setup.) Over the next week or two, I expect markets to retest highs or get close, at least retesting the 78.6% retracement at 2800, as March (and Q1) come to a close, but sideways action may prevail if bulls and bears are in equilibrium. A break below the trend lines, moving averages, and 61.8% retracement would invalidate this bullish short term view. A break below would also warrant shorting, as accelerating selling will likely occur. I remain bearish looking a few months out, so shorting at the highs (or 2800, the 78.6% retracement) will be the next setup. Remain cautious and quick to exit any short term long positions, as declines will likely be swift and volatile.
Dow: bullish start to the weekend. If you are looking for correlation between multiple oscillators as your signals for entering trades then you have come to the wrong place.
Remember this is a cat and mouse game where the mouse is chasing the cat and the cat sometimes turns around and eats the mouse.
As for the dow tomorrow, expecting a bullish breakout although entering before there is at least a half percent deviation off the 100 EMA on the 4 hour takes on risk I would not want to have as this market has been a bit choppier lately.
Dips are not immediately buying back as we saw throughout 2017 where sellers were squeezed and the algorithmic traders were adding onto already enormous longs. These dips still present an excellent opportunity to buy in at discounted prices for a short term swing.
Preferred Exposure: calls, 25500 strikes
Inflation and North Korea gittersPrice Action: Markets have consolidated for a month into a triangle after a long sustained rally. Expect continuation higher after what should be seen as a healthy market consolidation. Inflation fears drove the initial sell-off which was anything but healthy, but markets recovered and sank again on fear of tariffs and trade wars, lastly boosted by North Korea news this morning. Try to not get whipsawed by the news, focus on the price action which is showing us the markets have consolidated after a long sustained rally, expect it to continue higher after a breakout of the triangle formation.
Bond Markets as a leading Indicator for futere sentimentHere is a trade based in 100% Fundamental approach.
BUT: Always limit your risk regardless how strong your conviction is. ALWAYS!
Trade safe, Trade well
GOLD GOING DOWN!Short on gold, looking for prices to go down to lows of 1310.00 I am expecting a bit of turbulence however I'm also expecting prices to plummet down to lows of 1280.00.
TP: 1310.00/1280.00
XRP touching the bottom ? #xrpthestandard #xrp #rippleEven with goods news, new partnerships, good Q4 report, xrp is still very correlated to BTC which is bearish since BTC futures , let's admit it ! Though i believe that we touched the bottom,
unless we get more bad crypto news in Korea.
Robinhood app listing XRP and open trades in february may help the bulls coming back :
techcrunch.com
Coinsquare, the equivalent of coinbase in canada is doing the same in february :
ripplenews.tech
Coincheck refunded his customers after the hack of Millions of XEM tokens. Even if it shows that crypto market's security is still weak, it sends a good signals of trust to future customers.Even if their platform get hacked, they may not lose their tokens :
www.bbc.com
For the hodlers, Here is a video of barlinghouse "a huge central bank may want to use XRP to settle" :
twitter.com
Happy trading !
Short anticipation USDMXNHello Traders,
Short anticipation from my analysis on USDMXN
I highly honor your reflections.
Thank you.
Bitshares Long PotentialI got some Bitshares long ago and am seeing another wave potential to recoup its past negative correlation. The potential for a market breakout seems inevitable at this point. This is especially true looking at its popularity on Poloniex. I said this in January 3rd, and I will say it again two days later. The long term potential of Bitshares as a decentralized exchange as well as its given value seems likely on a positive upswing.
GBPUSD stochastic oversoldthe stochastic oscilaltor shows that the price are oversold condition. Looks like retracement area ending at critical zone area. major trend are uptrending....only look for buy...
Syscoin: An Interesting Investment OpportunityThe Syscoin 2.2 Testnet for Masternodes was released just days ago and is successfully being tested.
IN Q1 2018 the final version will be released. It will cost 100k SYS (at current market price: 21895 USD) to run a masternode. Masternodes provide very good, solid investment returns and are very in demand. Somewhere in Q1, 2018 the Syscoin team will release the beta web version of Blockmarket, which will be a lot more accessible and easy to use for the average Joe. I predict 300% ROI within 4 months.
