Wolf

Wolf

Recent trend line between March and July highs have failed to go into correction, and I really see an overvalued price into NAS100 at this moment, specially compared to other indexes like SPX500 where even if we see it overbought, it respects the very ordered trend line and going in corrections at the expected and speculated times where most investors would...

Wolf

We are in a bullish rally from the past years, and whenever it crosses a support, the panic comes, you know what happens when a trend is broken, it follows a new trend to the opposite direction. What happens when a diagonal trend is broken in the case of a long bullish rally here? Well, you expect a major correction or crash. But is it really the time for it for...

Wolf

Since February, GER30 has tried to cross the demand zone, however after multiple attempts, we haven't seen a major correction, just a series of up's and downs. This time, it has aggressively went down almost touching the demand zone but it is now approaching another important support line which has been in a bullish tendency since November 2013.

Wolf

On July 18 it didn't break going down to what it was a resistance trend line from a long term daily chart from April and June 2013 low points. This was an important notice, since it let us know that it didn't confirmed a major bear tendency. On July 30, a big candle broke into a 3 high point tendency line since the beginning of the year, this bullish action shows...

Wolf

Watch out for this good opportunity, Strong support broke since March, and the little attempt to get back was rebounced, so we can see a change in direction.

Wolf

S&P 500 attempted to go get the new high and didn't break successfully,, it only went a little bit higher than the previous high of 1888 making a false break. Also, it is important to note that the up trend has been broken today, and I expect to see a correction.

Wolf

If it breaks 1873.1 without false break-outs, Stop it, and look for another opportunity.

Wolf

The clear trend shows us that it is about to go up. The trend since June 2013 trend has been respected and so, we might see a re-bounce in the next couple days. However, it is still going under 1000, touching the major trend line which bounced in September, December of 2013, and then again in February 2014. In the 5 minute chart, in the latest trend we can see...

Wolf

We can observe that there are some patterns of trend lines(Blue lines) in a diagonal shape and that those who break form another diagonal patterns with the exact trend form. Also, there some sub-trends that go in half inside them. There are 3 levels. After breaking the first level, a diagonal trend line is formed and it bounces just as it hits the support level...

Wolf

The formation of this triangle is well formed and it seems that it's coming into an end. We will have to see whether is goes bullish or bearish. I think the best is to wait for confirmation and see what direction it will go.

Wolf

There is a bullish trend and we can find that there is a relation between the Fibonacci retracements. The waves appear to be moving up by a difference from the fib level 0.236 to 0. In the last 2 waves, both Fib retracement heights are exactly the same. The last wave Fib level 0 was already reached and by the .236 - 0 difference, and it seems to be going...