Get started

Selloff

CAC 40 At Crucial Support CAC40 opened With massive Gapdown trapping all the bulls at higher level This must have forced the small leveraged Trader to exit Their Position at the lower rates forcing the index downwards. Index can Face Heavy Selling Pressure from tops All the trapped brave Traders who didn't exit their position in today's fall will be waiting for their prices on the higher side. So Sell on rise pattern could be seen in this index CAC40 Is currently trading Below its 100 EMA at crucial Support Level of previous swing low. Fresh Sell Off Can be Seen Below The swing low till 5720 Levels which is 200 EMA and 4th Decembers Low.
TVC:CAC40
by TradingOx
1
Stock Market Analysis - 2/27/2020This is what real panic selling looks like. SPY just blew through all important Anchored VWAP and moving averages. SPY is clearly in a downtrend and I would not be a buyer anytime soon until the trend termination is confirmed. "A trend is innocent until proven guilty". Don't try to fight this trend or you will get burned. Of course we are getting to extremely oversold conditions and this selloff has expended too much energy to sustain this current trend. My plan is to not take any new positions and manage my current shorts by moving stop losses down as the trade works. Putting on new shorts or taking longs hoping to catch some meat off the bounce seems silly to me in terms of Risk vs Reward. Next important level to watch is 295. SPY is currently stuck in a HVN therefore a real flush in the morning would need to occur past 295 for continued, sustained selling. Otherwise if we gap up or stay flat, expect some consolidation within this HVN between 301-295.
AMEX:SPYShort
by Trader_Kaji
This selloff is going to lastAccording to the Cashflow and CICO reports (both available free on Tradingview), today's selloff vector was larger and more dramatic than August. The daily candle is a clear sell. Several month long lower support was also broken (Oct. 2019). It appears like Scrouge McDuck and his buddies were selling at a large profit to swim in their pools of money before things get really bad. I wouldn't touch stocks until we see some incredible upward momentum. Don't rely on fake news stories, use logic.
AMEX:SPYShort
by Johnny_Nickles
The glass broke 2 days agoAccording to the CICO report and Cashflow indicator, the selloff began two days ago. Hello friends, its been a minute. I try not to overwhelm you with daily noise. My intent is to give only important information. Trust me, if you heard from me everyday you would be annoyed. According to the CICO 13 MA on the daily chart, we had our first red day in about a month. What this means is the running sum of new money is leaving the SPY. More people are selling than buying; they want their cash. When a sell off begins the only certainty is nobody knows when it will end. I am a self proclaimed bear. What this means is I naturally prepare for results to be the worst case scenario and then I peel back layers of the emotional onion. Meaning, I think of the worst possible scenario and then question the reasoning. My goal is to uncover as much information as possible and then make a decision. I try to look at the good and the bad in totality. Being thorough in a decision is very important to me. However, the unique thing about the stock market is it has no feelings. Computer programs literally ignore emotion. Machine learning and AI are currently trading against you and they don't care about the impeachment or a trade war. I want our politicians to work together and solve problems. I think our present circumstances present a unique opportunity for unity. I'd suggest that border security is both digital and physical. Democrats want digital security from the Kremlin. Republicans want physical security on all borders. I suggest a comprise that all Americans want, complete security. Please focus on making life better for all Americans, not just half of us. I'd love to hear your feedback on the indicators listed. Leave them a like if they help you in anyway. I hope you take your money back today.
AMEX:SPYShort
by Johnny_Nickles
4
$WKHS My view on this stock and harsh prediction.I have been long here, trading in and out and believe that this stock has a great future. I would like to eventually establish long term position but for now, I earn extra shares by trading it. Here is my view on what is going on here. Stock is flooded with a bunch of emotional fools that overleveraged and go all in because this time it is different. Any time when you have a crowd that is emotionally charged, you will see nasty things happening to any underlying security they trade. If you read posts on ST you will see that there is a lot of nonsense, naive people jumping up and down, talking about yachts that they already order. With each uptick, they behave like a bunch of kids. Partially that is because they are overextended here and their farm is on the line... Bunch of guys posting pics of cats (have no idea why). Overall that board is a bloody mess and I even hate to go there to sort a pile of garbage trying to find any valuable information. Well... things do not work this way. To behave like that is against the laws of God and nature. Pride, foolishness, and arrogance will not be unrewarded. So... what I see here that this stock most likely will have another nasty selloff where the majority will bailout. (I think the chance of that is 70-80%). I expect prices to hit near $2 - $2.25 where I will enter back when there is blood on the street. I understand that people will hate to read this post there and will not agree. But I am not short and not planning to go short. I just see danger and today I waited for a moment to get out. Sold my position @ $3.68. If I was wrong, that is ok. I will find another entry point that is based only on TA. Work the best for me.
NASDAQ:WKHS
by Trade2Double
3
NASDAQ - Engulfing on 4H chart, more downsidside expected.Trade Idea Broken out of the channel formation to the downside. A mild correction has been posted from yesterday’s low, this is seen as a retest of the breakout level. The bearish engulfing candle on the 4 hour chart is negative for sentiment. Negative overnight flows lead to an expectation of a weaker open this morning. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 7500, resulting in improved risk/reward. Stop: 7570 Target 1: 7160 Target 2: 7000
OANDA:NAS100USDShort
by Signal_Centre
New All Time High - Risky BuyS&P New All Time Highs - Risky Buy The Emini and S&P 500 made a new all time high again today, leading many to believe this market is still strong. In some ways it is, but it is more important to realize it is also in a bull flag trading range. This makes it a risky place to buy up here. This is where strong bulls who bought lower will start looking to take profits, and strong bears will start looking to sell for a move down. Why is it risky to buy now? There is only a 40% chance of a measured move up based on the height of the trading range. And the risk needed to enter now is large (below the bottom of the trading range). There is at least a 50% chance of a test down soon, back into the range. The middle of the trading range is a magnet and will likely get tested before the bull trend continues. Furthermore, if the bears are soon able to create a strong reversal bar for the large wedge, it could increase the probability to 60% for two legs down. If there is a quick and large move up in the next few weeks, it would likely act as a climax and final flag reversal, increasing the likelihood of a sell off. Dont think just because there is no reversal yet that the market cant or wont sell off. Look at the past two sell offs from this area. They began from bull bars (Jan 18 two bar reversal), or small inconspicuous bars (Sep 18 doji to outside bear bar). But the follow through was strong and fast. Of course, this does not mean a shorter term trader cant buy and make money. Day traders can do many things investors do not or should not. But as far as a long term investment, this is simply not a safe one to buy at the current price level unless you are willing to sit through a deep pullback and scale in. And if you are - why not just wait and buy then? If you found this helpful please like! Feel free to comment or ask questions
CME_MINI:ES1!
by tradersmentality
Consolidation from gaps find support at .67? FCELI'm continuing to watch this stock closely. I am a low-level trader and don't have tons of money in this stock, but nobody wants a loss of even a dollar if they don't have to. If the .67 mark is confirmed in the following days then I suspect the .80/.81 upper resistance will be broken. Or, it could go the other way. Still too early to tell. News has been nothing but good in terms of contracts, although, there was a reverse stock-split weeks ago. Additionally, there was negative news about potential down earings Q2. There is a July 3 article outlining the volatility, but even that is uncertain whether there will be a breakout or a sell-off. If I were a betting man, something will happen to push the stock back above a dollar so they can stay listed. I've not heard anything about an SEC warning or extension about staying listed. Something to watch closely for a breakout in my opinion. Too many articles outlining positive business ventures.
NASDAQ:FCELLong
by PatternTrader0807
1
Is Bitcoin bull market closing to endBitcoin goes parabolic as shown by the steep pushup early this week, breaking above 14000 dollar for the first time in 2019. The huge volume in leading derivative exchanges indicate the market has reach a point of frenzy that is illustrated by media coverages and vigorous new investors pouring in. The pull back yesterday, in any sense, is expected and well-deserved since anyone, with some trading experience, will realize that parabolic momentum can't sustain itself indefinitely. A sell off, therefore, inevitably follows . Anyway, the 3000 dollar pullback is a remainder that we're in a bull market, and in chart we can see buys are starting to come back when the price drift to 10000 level, which is an important support leven, psychologically and technically. The rebounce near 10300 make the relatively steep uptrend beginning at 8000 intact. That being said, We concluded that the market is still very strong and shows significant resilience, and new buyers are still pouring in to provide liquidity to crypto assets. Technically, the bull trend has yet over, and we won't prematurely assume the top is 14000 since the trendline holds steady against selling pressure. Nevertheless, we expect some days of consolidation before the market gain steam and resume momentum.
COINBASE:BTCUSDLong
by UnknownUnicorn3838311
M Top on $ETHUSD: potential selloff incomingBe wary of the M top coupled with the volume dump indicates that we were unable to break next resistance and market oversold + exhaust & recent developments with $LIBRA (more on that later) have made market outlook && priceaction analysis a lot more foggy as the forecast seems to point towards a pullback before we see any sort of consolidation/reversal and continuity. Check link below for img take note of the spaces between // and other breaks in between link. https:// forex-charts book. com/ chart_patterns/04/ double_top. png Tried to edit it in but I guess we can’t publish sites. Check my twitter feed for img too. Personally i sold (check last chart) after we TP1 then went pretty much 75% in on this BNB BOOM while diversifying rest into some other stocks currencies & $XAU $GLD which is holding up as predicted) but more on that also smh when I get a chance. Not enough hours in the day...
COINBASE:ETHUSD
by UnknownUnicorn3861629