Alternative_ALF

Alternative_ALF

Bearish Flag on S&P (340 Points possible!) Resistance at 5150/5170. It's 0.618 Fib Retracement from 1st April highs. A perfect ratio for a flag. TDI is at 51 level. It's movement below the MA (yellow) and the trendline will confirm the downside momentum. SL over Resistance level at 5170/5175 or opt. over the 0.786 Fib level at ca. 5210. Target at the 0.382 Fib...

Alternative_ALF Updated 

Sometimes you have to look at the whole picture... - S&P 500 from 1925 till today log. scale (zoom in to see more)

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I posted this Idea first last Friday Tuesday we got a reverse candle on daily basis and Wednesday was the perfect chance to go short (@ 270. TP is 220.) Furthermore there are problems with the new Bing-Bot plus the global tech layoffs (quadrupled since mid.January).

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I am a bit late on this one but there might be another good chance next week to go short. Good Trades

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Bearish flag and a turnaround yesterday right on the fib 50 level. Now it's trading around 14300 and the price tested the fib 38.2 level. I think it will break the flag in the next one or two hours and afterwards move towards the Thursday lows. A break through the support at 14190 will give the price more downside momentum. My first target is the fib 100%...

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An interesting picture on DAX! It seems as if there is a cross-resistance ahead.

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Hello Traders. - SHS pattern on daily basis - Resistance cluster between 35380 - 35600 (a break trough will give price more upside momentum) I expect a test of the neckline support next week. Good Trades

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Hello Traders On weekend I published this idea first. Now the price formed a falling wedge and is now at the resistance from last week lows. The Traders Dynamic Index is bearish too. If the price break through the wedge support plus the 38.2 fib level there will be a good chance that it will go further down to the 50 fib level maybe till 61.8 level. Good Trades

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Hello Traders A good chance to go short on Russel 2000. Good Trades

Alternative_ALF Updated 

Hello Traders On Saturday I posted this idea already The price did not break out of the big triangle yet (as I mentioned in the last idea), but there is a smaller triangle I did not mention where the price did break out last week. Friday night the price was testing the triangle resistance and pushed down. Yesterday it broke out off the bearish flag and is now...

Alternative_ALF Updated 

Hello traders S&P 500 outlook. Good chance to go short and get 50 - 75 points. - Descending Chanel - Bearish flag The first chance to sell is if the price breaks through the bearish flag pattern which should be around 4475. A H1 close below 4455 (fib 38.2 level from March highs) should give the price more downside momentum till at least the fib 50 level at...

Alternative_ALF Updated 

Hello Traders Here is an idea to trade the German Index next week. Last Wednesday we saw a break through the neckline. If someone missed this chance to go short, there will be another two chances next week. One at the resistance between 14300 & 14330 and the second at 14200. TP is at 13700 - 13750. Good Trades!!!

Alternative_ALF Updated 

Hello Traders This is my opinion on Crude Oil. The price is at strong resistance: - Trendline --> Dec./ Jan. Highs & Jan.- Mar. Lows - 78.6 Fib --> Mar. Rally - Resistance --> 1 & 4 April Lows - 50 Day EMA @ 99.29 - Descending Triangle on Price and TDI (RSI) The price will probably push back from strong resistance I mentioned, between...

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Hello Traders I posted an idea on WTI earlier today. This one is the same idea on UKOIL. Here is a similar picture despite that the resistance above the price is a bit stronger. The support levels are similar to them on WTI and the downside move should be for both around 22%.