PRO_Indicators

PRO_Indicators

Following on from yesterday's daily alert signaling that I was beginning to search for short entries, I must admit that so far nothing is showing signs of sellers going in... Feels like the market is dead and wants to wait for 2018 before pricing anything ! Anyway... without signals, no trade. And here neither sinewave or momentum is giving any signs of sellers....

PRO_Indicators

When this is 50-50 I usually have a close look at Sinewave to see if it can shift the balance. In our case, the last cycle is a bearish cycle.. It will very likely be broken in both scenarios, but the question is "what will happen when we'll have reached the target" ? Option 1 will extende over it and start a bull trend out this initial bear cycle (it happens...

PRO_Indicators

When this is 50-50 I usually have a close look at Sinewave to see if it can shift the balance. In our case, the last cycle is a bearish cycle.. It will very likely be broken in both scenarios, but the question is "what will happen when we'll have reached the target" ? Option 1 will extende over it and start a bull trend out this initial bear cycle (it happens...

PRO_Indicators

Don't need to say more ! If this validates, we'll sure have a market top here. But there's still waves to plot... So patience mode for now !

PRO_Indicators

If this one happens to be validated with a huge bearish candle within the next few days... then don't expect buyers at the low channel point... Bullish trap means that there will be a bearish extension beyond that low channel bound.

PRO_Indicators

Following on from the monthly chart sell zone identified, it seems like we now have a bearish setup showing up. It's still quite early to anticipate the retracement path but here is a very likely one. It suggests that we could have a nice bearish wave on wave 3 but nothing quite like a -5% drop in a single day ! So don't expect these kind of things to happen...

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Sinewave and Momentum are both having hard time to trigger signals here because of ECB press conference stimulus that has driven sharp and faster price movements. Anyway 3641 is a key level that I had on my charts for weeks. We're testing it and as it corresponds to the final wave of a potential expanding triangle structure, that would be a shame not trade it and...

PRO_Indicators

Sinewave and Momentum are both having hard time to trigger signals here because of ECB press conference stimulus that has driven sharp and faster price movements. Anyway 3641 is a key level that I had on my charts for weeks. We're testing it and as it corresponds to the final wave of a potential expanding triangle structure, that would be a shame not trade it and...

PRO_Indicators Updated 

I just taken that short entry with a very nice sinewave + momentum signal right below yesterday's gap that we reversed and closed below. Today we retrace back to test that gap again. Apparently prices are now rejecting it. It's time for me to reinforce my short positions with a new entry here, very limited risk as I set my invalidation level slightly above...

PRO_Indicators

I just taken that short entry with a very nice sinewave + momentum signal right below yesterday's gap that we reversed and closed below. Today we retrace back to test that gap again. Apparently prices are now rejecting it. It's time for me to reinforce my short positions with a new entry here, very limited risk as I set my invalidation level slightly above...

PRO_Indicators

This analysis shows that several Elliott wave counts might be about to reach an end point soon (it's monthly based to this could take up to a year or two) But if we compare this analysis to the one I made on SPX earlier something ticks me up. We seem to be far ahead on nikkei regarding the cycles development. I'm wondering if the next crisis could come from Japan...

PRO_Indicators

This analysis shows that several Elliott wave counts might be about to reach an end point soon (it's monthly based to this could take up to a year or two) But if we compare this analysis to the one I made on SPX earlier something ticks me up. We seem to be far ahead on nikkei regarding the cycles development. I'm wondering if the next crisis could come from Japan...

PRO_Indicators

When I look at the DXY on monthly basis and try to put Elliott count on it this is where I tend to expect. I think we're on a bullish extended wave (so calls are more favorable). The current state of that impulse is in corrective wave (4). The apparent structure of that correction tends to be a divergent triangle. We would be at the final wave of that triangle...

PRO_Indicators

When I look at the DXY on monthly basis and try to put Elliott count on it this is where I tend to expect. I think we're on a bullish extended wave (so calls are more favorable). The current state of that impulse is in corrective wave (4). The apparent structure of that correction tends to be a divergent triangle. We would be at the final wave of that triangle...

PRO_Indicators

No need to talk much on this.. we've reached wave 2 point which means that I'm full short now on AAPL and that I will now reinforce on support breakouts. My final maximum target is the big 5% monthly bullish gap showed on the chart. Invalidation if prices manage to break the current market top. Hope this idea will inspire some of you ! I'ld appreciate any ...

PRO_Indicators

No need to talk much on this.. we've reached wave 2 point which means that I'm full short now on AAPL and that I will now reinforce on support breakouts. My final maximum target is the big 5% monthly bullish gap showed on the chart. Invalidation if prices manage to break the current market top. Hope this idea will inspire some of you ! I'ld appreciate any ...

PRO_Indicators

Some who follow me knows that I've been searching for a top for quite while. I've been taking some stoplosses due to a bad timing. Anyway that never meant that I was bullish ^^ Even though I remind you that the big short top is not nearly here ! I still think that we're reaching a mid term peak here and we'll shortly look forward to support areas. We've managed...

PRO_Indicators

Some who follow me knows that I've been searching for a top for quite while. I've been taking some stoplosses due to a bad timing. Anyway that never meant that I was bullish ^^ Even though I remind you that the big short top is not nearly here ! I still think that we're reaching a mid term peak here and we'll shortly look forward to support areas. We've managed...