FernandoHilario

FernandoHilario

Bitcoin - Add more to your allocation Following the fall on the stock market, we had a big fall in Bitcoin as well. As in the SPX, Bitcoin has hold its fall around the MME72, the 23.60% Fibo retracement and one of the inner canal support, so we have really strong buying force around here. The last 3 candles we ones with long shadows, confirming the strong buying...

FernandoHilario

After this troubled weeks the SPX hold its fall around the following supports: Moving Average Exponential (200 periods) and the 23.60% Fibonacci retracement. The long term tendency is still a bullish one, since the MME200 is ascendent, and the price is still holding on it. The future is foggy to say the least, I will not speculate about what was responsible for...

FernandoHilario

Good day, fellow investors! SPX long term tendecy is still a bull one, so we shall seek only positions in the bought direction. In this last week we have seen the price of the SPX fall down to the 23.60% Fibonacci retracement, around 2840 pts, which was clearly a very good point to buy more S&P500 ETFs to add to your stock position: the price had returned to...