German and European stock market is in a very bad shape and is crashing much faster as during the DotCom bubble and faster than in 2008! All major indices crashed during last few weeks, but the DAX looks weaker than the Dow and S&P500 . It is a flash crash with extremely high bearish momentum, which broke through the 50 and 100 MA moving averages! The 200...
Austrian stock market crashed extremely hard in very short time. All major indices crashed during last few weeks, but the ATX looks worse than then DAX, DJI and S&P500. It is a flash crash with extremely high bearish momentum, which broke through all major moving averages (50, 100 and even 200 monthly MA)! On the weekly time-frame a triple MA death cross is...
This chart is for a short/mid-term analysis for Gold (obviously the bullish scenario becomes true). Due to fundamental reasons (Iran conflict, trade tariffs, Corona-virus and currency #wars) there is a strong demand for #safe-haven #assets like #Gold, #Silver and #Bitcoin. Therefore, fundamentally I´m very bullish on Gold. Gold is in wave 5 (on the higher...
Litecoin has hit the resistance trendline at around 0.007875 and corrective wave 4 may start from here. Re-entry at / below 0.0071 Indicator signals @ 1D TF: - SochRSI bearish crossover - very high RSI and MFI levels - bearish crossover at Wave Trend oscillator 90% long positions = very optimistic sentiment -> sell signal! I´m not a financial adviser....
Ethereum has hit the resistance trendline at around 0.0232. I think that bullish momentum will be exhausted soon and a pullback to the re-load zone / golden pocket (~ 0.01955-0.01860) is imminent. Indicator signals @ 1D TF: - SochRSI bearish crossover - very high RSI and MFI levels - bearish crossover at Wave Trend oscillator 90% long positions = very...
Ethereum has hit the resistance trendline at around $230.- I think that bullish momentum will be exhausted soon and a pullback to the re-load zone / golden pocket (~ $170 - 160) is imminent. Indicator signals @ 1D TF: - SochRSI bearish crossover - very high RSI and MFI levels - bearish crossover at Wave Trend oscillator 90% long positions = very...
Is this a bullish pennant or just a symmetrical triangle? Up or down? Decision time for gold! Indicators @ 1D TF: Dissipation of bullish momentum on squeeze momentum indicator Stoch RSI also does not look bullish anymore. Indicators @ H4 TF: Bullish momentum on squeeze momentum indicator MACD bullish crossover Stoch RSI = bullish Wave trend oscillator =...
Due to fundamental reasons (Iran conflict, trade tariffs and currency #wars) there is a strong demand for #safe-haven #assets like #Gold, #Silver and #Bitcoin. If the wave count in the chart is correct Gold has started a new impulse wave (wave 5) which has reached a new ATH on the EUR chart yesterday on January 5th 2020. On Dec 23th the Wave Trend oscillator...
This is a short-term analysis for Gold (bullish scenario). Due to fundamental reasons (Iran conflict, trade tariffs and currency #wars) there is a strong demand for #safe-haven #assets like #Gold, #Silver and #Bitcoin. Therefore, fundamentally I´m very bullish. Gold could be in a wave 5 (on the higher timeframe) which consists of 3 impulse waves (1,3,5) and 2...
For day traders it is a good opportunity to place a short position right now! Entry: $1576-1579 TP target: $1550-1541 SL: $1591 I´m not a financial adviser. For educational purpose only!
Extremely undervalued royalty trust (MC ~ $100 million) which has a dividend yield of almost 12% p.a! Buy signals @ 1W TF (also confirmed by 1M TF) - RSI hit 23 and is bouncing upwards - MFI@8 - StockRSI slowly turning bullish - MACD will cross bullish soon - Bullish W-pattern in MACD histogram - WaveTrend oscillator generated a buy signal! Heavy Entry...
Buy signals @ 1D TF. - RSI hit support level @29 and is bouncing upwards - MFI @4! - StochRSI has crossed bullish - MACD turned bullish and bullish cross will come very soon! - WaveTrend oscillator has generated a buy signal Note this is a "short-term" trade on the 1D candle chart time-frame. On the 1W TF the chart looks still bearish! Entry: 6.25 - 6.40...
Cemex has bullish signals on 1D, 1W as well as 1M TF. MFI is currently at 15 which is an all-time-low on the 1M TF. RSI is at 31 which is near the RSI support zone (29-23) of last few years. When you have a closer look on the MACD (zoom in) you can see a W-formation in the MACD histogram which will lead to a bullish MACD cross soon. A bullish cross will also...
Gold/silver ratio at a historic high level of 90% (peaked at 93% on July 3rd)! Silver is currently very undervalued and Gold has gained strength last few years which means that silver is discounted much more than gold at the moment. Silver prices are falling and demand from big investors is raising. I think this extremely high Gold/Silver ratio of 93% was the...
A very rare extremely bullish signal on the 1M chart of #Gold - a GOLDEN CROSS (50/100 MA) is approaching on Gold/EUR chart which will cross beginning or mid Sep 2019. (Note: On the USD chart the cross will occur approximately 1/2 year later) This is one of the biggest bullish signals and which can indicate an extended bull market for the next 10 years!...
Gold has broken out of its resistance trend line (yellow doted line) which will soon be tested as new support. On H4 TF there is bearish momentum on StochRSI and wave trend oscillator which will bring the price down again to the yellow doted line. Bullish momentum on 1D TF has built up (see StochRSI, and bullish crosses on wave trend oscillator and MACD) which...
Due to fundamental reasons (trade tariffs, sudden currency devaluation of the Yuan and stock market crash) impulse wave 5 of Gold has broken through the blue doted resistance trend-line and is near its ATH (Gold/EUR chart). However, there are 3 other strong resistance lines: - dashed violet resistance trend line (currently around €1360.-) - horizontal ATH...
Gold/EUR has built a symmetrical triangle on the H4 TF, but this could also be a bullish pennant. At the moment there is bearish momentum according to the StochRSI on H4 TF which could easily break the yellow trend line of the triangle. Next support is at €1251 and I would set SL slightly below (2-3%). If Gold can maintain this price level more bullish...