13 TD Countdown Exhaustion. In a very supportive area. Close to the 0.618 retracement level from the multi year rally begun in 2011. Stochastics showing positive divergence forming. Bottom forming similar to 2008/09 GFC. Targets 68 / 79 Stops 51.00
DSIs all at extreme lows (5) with VIX DSI at extreme high (96). Put/Call ratio at ATH (with the data available). Cumulative distribution is extremely low, similar to 2002 and 2008. In both cases the SP rallied around 20% in 6 weeks or less. SPX down >7% just this week with 490 of the components down. Demark countdown exhaustions flashing in indexes 4h/3h/2h/1h...
Extremely Bullish Set-up For NOK - Needs to Breakout & Retest To Be In Play: 2019 YE Target 8.5€ / 2020 Target 23€ (!!)
ESV extending its decline beyond the Brent move, opening a divergence. Gap should fill. It's also close to previous major bottoms. Sentiment on extreme low. Demark indicators pointing for reversal. Target 6.12 Stop 4
The DAX broke its decade long bearish rising wedge. It could retest it. Anyway, it seems to be targeting <9600.
Targets - 30 / 35 / 40 / 45 Stop - 23
After breaking a bearish wedge, MC is now forming a bullish wedge. Looks like it could break to the upside, making way to retest 278 & possibly 310 to retest previous wedge resistance and top.
Cup & Handle possible formation and Inverse H&S.
Good CL (WTI/USOIL) Entry Point For Swing Trade
Brent (UKOIL) In a Good Area for a Relief Rally
TD countdown exhaustion completed last Thursday.
WDI is forming a bearish sandwich pattern while crossing the 100D EMA. Stop: 175 Target: 132