price will bounce around 25k-30k before the next president is elected. Bernie sanders will win. once stocks start to tumble the crash will be put on the corona virus and upon sanders and his socialist stance. Crude oil will dip down to $42 per barrel. you heard it hear first.
Hello Traders! We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY...
I am looking for Market to break and retest 25876, which is where i'll be entering for a sell!
Hi all, this is not a trade to take at the time UNTIL WE SEE a breakout of the trend line AND A RETEST! Of course, price can continue bunny hopping up and respecting the trend line so take this trade under the two requirements mentioned! Break and retest!
We can see that US30 is too strong and is over-brought. May result in a drop.
Waiting for a break, retest before entering for a sell! *This is based off a strategy i am backtesting*
Up trend is over for sure. This is how i ll have my orders. Good luck
After reaching all time highs, US30 will see a breakdown.
2 Entries on us30 following my strategy we entered to short positions
Price Action (Technical Analysis): We are currently at our yearly resistance level and start to speculate price consolidating indicating us that Buyers are decreasing momentum as we anticipate our next move being in a Overbought market, would be our markets distribution phase. Last time price got that high, we saw multiple pushes down. Seller momentum overload,...
In this screencast I say that the recent weekly price action in Wall Street is a correction in a bear market. Price has moved into a critical zone and is struggling to stay afloat. This does not mean that it is bound to collapse. It means that price can probably move south.
There are many many fundamentals pointing out upcomming crisis which I'm lazy to write down here. I'm just gonna leave here this monthly DOW chart. Prize has bounced from EMA 365 in 1974 aswel as in 2008 (Use log chart to see). The question is when. Not if.
In this video I show what I think is a pattern that creates a greater probability for the south. I explain more on how I draw my trend lines, which may not be what the gurus teach people to do. The main feature is a contracting pattern on the 4H which stand to be beaten by the big trend from the Daily. I'm not saying the pattern will break soon. Price may...
US30 short wedge, long term. Target 200points short.