very bullish on midcap shitcoins for Q4 main ones to watch are Chainlink, Monero, Tezos, and Cardano
KOMODO is looking grate, waiting for correction in prices for 70% gain and if the resistance it's broken this time AT 0.00009352, Who knows where the prices will go ??
(SEE prior "Idea" for Sector Indices vs ASX All Ordinaries Index showing earlier deterioration of the market throughout August ) Here are the few sectors preventing the ASX from slumping throughout August 2020: which are the midcaps of the ASX Midcap 50 Index, and including Technology XTX, Consumer Discretionary XDJ, Real Estate XRE and Industrials XNJ.
The IWM ETF is the Russell2000 ETF, and I use it as a proxy of market internal breath. Case in point, we have a runaway Nasdaq (Technology sector) with a stalling S&P500. The small and mid caps need to be the internal support for this tech rally to continue else it breaks down from the internal infrastructure and implodes. Exactly the heads up seen here... The...
MIDCAP - GO SHORT @ CMP WITH A SL OF 12675 AND A TARGET OF 12121 BY 13 APRIL AND A FINAL TARGET OF 11289
MIDCAP - BUY @ 12026 WITH A SL OF 11976 AND A TARGET OF 12500. TARGET SHOULD BE COMPLETED TOMORROW. RR> 1:9. GO SHORT AS SOON AS IT REACHES THE TARGET
MIDCAP HAS BROKEN THE NECKLINE IF HEAD AND SHOULDERS. CAN WE SEE THIS INDEX @ 8000
Signals: double bottom and flag Buy 19.50 Stop 19.00 Target 24.00
If prior lows hold that would be the new bottom if not look for more downside.
I do not know anyone who actually trades this instrument. But the fact that the market exists, suggests that someone is interested. I am sure there are some funds that track this market. Some retirements are invested here. The U.K. Mid Caps market, like all markets, has taken a beating since the summer of last year confirming a recession (we will only hear that...