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SPX's Ichimoku. Since inceptions day 1957. Theories VS reality.Live market & reality VS. Text book & Theories --------------------------------------------------------- ***News paper journalist w/his assistance developed one of the greatest indicators i've ever seen. -------------------------------------------------------- signals when price crosses below clouds then crosses back above clouds "One whole candle at least" 23 "signals: --------------------------------------------------------------------- - 23 % (2020) - 2 % > lower, retested cloud 8 weeks > Bullish 24%****************************** -2.8 % (2016) > retested break out levels broke lows > Bullish 41 %*************** - 1.53 % > FALSE broke could " w bottom correction" down 10% should be fasle signal xxxxxx - 7% (2012) > retested break out lows > Bullish 68 % - 1.17 % > retest could 2 weeks > Bullish boom 18% -2.68 %(2003) > retest could 10 weeks > Bullish boom 63% -153 % (1995) - (-5.19%) false signal(1994) 24 weeks (6 Months!!) -33 % (1991) -28% (1989)xxxx not valid whole reason -(-7.26%) false signal (1988) -2.53 % (1984) > retested cloud twice 24 weeks> Bullish 96 % -39% (1982) -32 % (1980) - 10.61 % (1978) -- 11.47% > retested cloud's low (1975)>Bullish 33% -22.51 % (1970) -11 % (1967) sideways for 3 weeks> retest could - 45% (1962) -26 % (1960) - 36.17 % (1958) - 5 % (1957) ------------------------------------------------------------------------------ Conclusion: 3 False signals, 20 correct 88% success rate quite impressive. 9 out of 21 signals we actually broke lows or retested the clouds !!!! ******************************************************************************************************* Signals when price breaks clouds, but candle does not close below it: ( 7 signals) ------------------------------------------------------------------------------------------- -44% (1998)*********** --2.20% > broke could *********** -17 % (1979) retested cloud 3 weeks> Bullish********** -(- 5.59 %) false signal(1979).******** - 6.78% *********** --2.26 % (1978) > retested cloud > 10% bullish******* -- (-3.62 %) (1965)> retest cloud's lows > Bullish boom *********** ------------------------------------------------------------------------------------------ Conclusion: 2 false signals, 5 correct. 72 % success rate good indicator.
SP:SPX
by samitrading
EURUSD SHORT: TRIGGER AND ENTRY USING RISING WEDGE PATTERN Price sold below the RWP (RISING WEDGE PATTERN) to 1.20952 before a pullback to retest lower channel trend line. A retest of the lower channel trend line is the trigger for a short entry which is bearish until the next logical support region. The first support region is at 1.20867-1.20789 and the second at 1.20269-1.20198 region on the chart. The strength of a RWP depends on the measure of convergence of the trend lines at the apex of the channel trend. This is a good pattern for a short entry within a bullish trend. Hope you've enjoyed the read, more RWP analysis ideas are welcomed!
by dvburn3r
ALRN Weekend Data CatalystALRN had some weekend news. Will be interesting to see if it can break above a near-two-year resistance level. I didn't show it all the way back to November of 2018 but if you take the chart out further, you can see this level holding as resistance. "Saturday, the company announced new positive clinical data from its ongoing Phase 1b trial. The trial demonstrated clinical proof of concept that treatment with ALRN-6924 prior to second-line topotecan administration resulted in a protective effect against severe anemia, thrombocytopenia and neutropenia. This was in patients with p53-mutated small cell lung cancer. The results were featured in a late-breaking poster presentation entitled, 'Prevention of Chemotherapy-induced Myelosuppression in SCLC Patients Treated with Dual MDM2/MDMX Inhibitor ALRN-6924.'" Original Quote Source: 5 Penny Stocks On Robinhood To Buy Under $2; Are They Too Risky?
NASDAQ:ALRN
by PennyStocks101
GLD LongGlD has started forming handle for a cup and handle pattern. Guys remember this is the last time GLD will be seen at that price. Bottom of the handle is what everyone needs to keep an eye on. When confirmed it is time to load and hedge against USD. Because as previously posted, today VIX has bounced heading up, USD is heading north and GLD and stocks are going down. Bonds slightly up too. Market is telling us something. Election debate will cause volatility but it is our only chance to let USD go and buy something else. Warren Buffett bought Barrick gold as a hedge against dollar. Because he believes in businesses and Barrick gold provides some dividends and price growth as gold rises so does the margin for miner. This is my opinion and not a financial advise. Please do not buy or sell any financial asset or any other asset reading this posts. These posts are for educational purposes.
AMEX:GLDLong
by Riainvestment
DDOG long set upDDOG is setting up for a breakout pattern from the wage. Stock is up 190% from March low. consolidating or breathing after such as long run. Not showing any weakness in this past few red days from market. Likely move higher. Excessive volume spike shows push downward less likely it seems. Will look for confirmation in the coming week to go long. This is an opinion. Please do not buy any stocks or other financial instruments reading this posts. These posts are for educational purposes only.
NASDAQ:DDOGLong
by Riainvestment
EL LongNice handle forming for cup and handle pattern. Once market stops bleeding which is likely to bounce atleast temporarily from the oversold territory, Price for EL may also break out of handle. Getting ready to go long once the set up is completely formed. I see this downward pressure from market cyclical and likely to not have crash as lots of fear mongerer are claiming. "More money can be made betting on long side of the market than waiting for a crash" said Peter Lynch. I have learned to strongly believe that over the years. This is an opinion. Please do not buy any stocks or other financial instruments reading this posts. These posts are for educational purposes only.
NYSE:ELLong
by Riainvestment
Aapl LongWhile everyone wants you to sell our favorite stock AAPL here is what analyst are saying take a look. All says buy and target between 135-150. Also look at the chart for possible consolidation and then a bounce. Price currently 21% off from the recent high. Sep-17-20 Reiterated Jefferies Buy $116.25 → $135 Sep-16-20 Reiterated Needham Buy $112.50 → $140 Sep-14-20 Reiterated Oppenheimer Outperform $105 → $125 Sep-01-20 Reiterated JP Morgan Overweight $115 → $150 Sep-01-20 Reiterated Cowen Outperform $530 → $133 they see it as a buying opportunity. I have many many times missed buying opportunities listening to media and stock gurus before but no more. One cannot buy but can accumulate gradually. This is an opinion. Please do not buy any stocks or other financial instruments reading this posts. These are for educational purposes only. Disclosure. I own appl. Then who doesn't. :)
NASDAQ:AAPLLong
by Riainvestment
FSLY Long Set up Although market has been following and nasdaq more so than other indexes, FSLY is holding strong. That is a sign of accumulation. Wage pattern has formed and on Friday on a down day for market it broke out of a wage pattern with a strong volume. Great set up if follow through comes on Monday. Looking to go long on this one. Feeling confident. Take a look at the chart MACD is showing strength also. This is not a recommendation to buy or sell. Please do your own homework before buying or selling any financial asset. This is for educational purposes only.
NYSE:FSLYLong
by Riainvestment
CAT-LongCAT is breaking out of a long term pattern. Breakout is with a strong volume. Some money surely preparing for a worldwide recovery from covid-19. Recently lots of analyst recommended the stock based on its fundamentals. price to sales ratio is very attractive. Dividend paying stock projected to have 39% higher EPS next year. So boys from Wall street are now adding. This is just an opinion. Do not buy or sell any financial assets reading this post. This is just for educational purposes. Do your own homework before putting your hard earned money based anyone's post.
NYSE:CATLong
by Riainvestment