Look like Chinese names are improving since the news that talks will continue between US and China. I'd be looking for the test of the 38.2% resistance on the fib retracement before it pulls back again, longer term the chart is looking dangerous. It seems to have broke its uptrend from last earnings with a gap down back at the beginning of August. will be...
I have been working on the theory of the current price action being a smaller fractal of the last bull run from ATL 0.88% . A pitchfork can confirm the channel play occuring and a slight bullish divergence can give indication on a rally soon. Three tests of RSI support and vertical support from a major pitchfork . The volume is down almost 70 %. It's not going...
The S&P500 is consolidating in a diamond pattern, and there's a decent chance OANDA:SPX500USD futures will pull us down lower during the Globex session. The NY close demonstrated selling pressure in the upper yellow zone on the chart; an area where sellers have profited from selling before. The VZO-PZO below the chart shows falling back into the diamond will...
Tariffs, tariffs, tariffs this is the word that will and has consistently beaten down the sector. So, now you ask yourself, "how far down can the sector go?" Well as the chart shows a critical juncture is coming. A bottom trend line that has been established for years now will come into play soon and if this S&P Index falls below it...well...this downturn could...
We are in sell below $1,296 with a stop above $1,299 and a take profit of $1,293. I will be looking to buy above $1,290 later today. Keep following for more details..
SP:SPX ES1! SP1! ALL TALK? NO ACTION? Supports levels had worked and futures ended in positive territory yesterday, after all many experts believe that these announcements of #TradeWar are a door to open negotiations or the real effects of these anouncements will take some time, but will see.. take a look of these points: 1) $spx SP:SPX Could broke out...
SP:SPX SP1! ES1! ALL TALK? NO ACTION? Complex battle continues and still is not a clear direction, economies collapsing?... not yet, take a look of these points: 1) Actual 200 DMA of ES1! is 2590 (PINK). 2) All support becomes resistance, but actual 200 DMA (2590) had been crossed over many times. 3) Yesterday at the session end, futures indices...
SP:SPX ES1! SP1! BE CAREFUL, IT'S NOT ALL BEARISH , STILL REMAINS BULLISH SENTIMENT, MIXED OPEN Complex battle is coming and still is not a clear direction, take a look of these points: 1) Actual 200 DMA of ES1! is 2589 (PINK) 2) All support becomes resistance, in the last 12 hours ES1! had touched at least 2 times the 2589 support 3) Yesterday...
TVC:NDX DJ:DJI SP:SPX ES1! YM1! NQ1! This 1 hour chart show us that had already exceeded the 50 and 100 EMA, about to reach the dreaded 200SMA, BUT he has decided to tweet again, which puts a brake on all long positions and we enter the Ichimoku cloud which indicates a great dance of ups and downs turning a battle of #Bearish vs. #Bullish in the...
CAD should outperform NZD over the coming weeks. Constructive NAFTA news suggests that the US may be getting closer to an acceptable agreement with its trading partners, which should lead to a continued re-pricing of the trade risk premium. Risks to a more dovish RBNZ continue, with the new Policy Targets Agreement likely to add a second employment mandate and...
We recommend selling AUDCAD targeting 0.9914 (50-day moving average), with stop loss 1.0150 (above recent highs) for a total reward-to-risk ratio of 2:1. As discussed in Asia Pacific: US tariffs: A minor setback for now, 2 March 2018, the steel tariffs reinforce our view of AUD underperformance on the basis of late-cycle domestic dynamics, and an expected...
Despite bad tariff news, volume remains low... consolidation? Or am I just too hopeful? Thoughts?
A clear break below $108 support level which now becomes resistance targets the $100 support level. The selloff in US Treasuries and trade wars are bearish for the USD, combined with the risk-off environment that the tariffs rhetoric sparks off points to a bearish tone for USDJPY.
Title says a lot but I'll say a little more; double williams trader long entries on the 29D (1 moon cycle) and 7W (one of gann's cycles I watch near half a quarter in length) Volume looks good as well gl hf xoxo sn00p
This level might be the bottom in this pair. Trump's tariff announcement might have created a negative enough sentiment to form a bottom here. From Zerohedge: "Canadians have had a tough time of it recently: they are getting inundated with illegal immigrants (thanks to Trudeau's welcome) and not benefitting from the wholesale emigration north that so many...