andyduly

andyduly

Sp500 bounced from the trendline set april 10th also hit the 0.618 fib, now it will probably retrace to the 0.618 fib set from previous ath the current low.

andyduly

I believe the botton will be (from a technical standpoint) at around 3950, when the candle hot the top of the trendline. The daily rsi is also showing a positive divergence

andyduly

Another observation, also crossing the 50 day MA on the 1 hour chart.

andyduly

Downwards trendline, rejected at the 50 day moving average on the daily chart, the price is also at the 0.382 FB retracement point from the price high set 6 april to the price low 3 june. Looking at the broader picture it can consolidate around the 0.5 fib retracement point set in february to the april high before seeing more downside. EU countries are highly...

andyduly

Going back to the 0.5 fib retracement

andyduly

My thoughts.

andyduly

Reverse head and shoulder and breaking the down trend set in april. I believe the pair to hit the 0.5 FIB at 79.272

andyduly

Touching the 100 and 200 ma, further upside expected if it breaks the downtrend from 26 april.

andyduly

As the stock market and foreign currency indexes plunges people scramble where to put their money, a safe place seems to be the dollar index, as in the american dollar itself.

andyduly

Oil can hit the lower trend line made in 2009 which would be about 23$, after which the corona virus fear will steadly drop off and oil will surge once more.

andyduly

As always just my opinion, not financial advice.

andyduly

Just saw this, can either break up or down.

andyduly

Just an observation.

andyduly

Setting lower lows in this descending triangle.

andyduly

I belive we are going towards 3000$ before turning bullish.

andyduly

Just my opinion.

andyduly

Just turned bullish!

andyduly

Just spotted this pattern, will it fall again?