looks like 7.85 is a very important level. with the US dollar being so strong I was expecting to break this level
We are now down 4 weeks in QQQ A RARE EVENT OVERTHE LAST 5 YEARS !!!! I AM BULLISH
3 Entry point 1) Current price entry (Highest risk/reward) 2) Breakthrough up from neckline 3) Pullback from neckline
Our pair was able to gain a foothold below the level of 1.1630 and has good chances for further movement. Yesterday, during the release of indices in the US, we observed a correction of quotations, and the downward movement continued. Stochastic is ready for a turn and already has an intersection, so we advise you to look for points to enter short positions. We...
Dollar Index DXY Update The dollar is still in a medium term downtrend and currently making a small continuation pattern inside an inverted flag before falling away again. It should halt here at 93.78 and at very best as it reaches 93.99 and spikes into the upper parallel controlling this little consolidation period for the dollar. Gold becomes a buy at...
In the larger monthly frame ADBE was on an uptrend. I believe that this trend has turned. ADBE may come back to fill in the gap here, and that might be a good opportunity to re-short.
Some time after the original chart was posted by timwest: CCI shows a diveregence now with this pair, and, although a gut feeling - something tells me that chances are we may see a trend change in future, and EEM will outperform the US market. Another thing to add to this is also timwest's chart (one can never praise this chartist enough on the site) - the...