The outcome of the Shoulder Head Shoulder, is the search for the average of 200 weekly, this movement can last until the end of the year
CURRENCYCOM:US500 If we know that we are facing an accumulation, the trade must be adjusted to the stages, be careful, the graph is on a weekly basis CURRENCYCOM:US500
Amazon bounces off the average of 200 in daily basis, a perfect pullback, the next move is the golden cross, setback at the 3530 level and another setback in the all time high zone, from there it heads to 4000, beware that this can increase the volatility and the price of CALLs NASDAQ:AMZN NASDAQ:AMZN
Silver can rise to at least 44USD, there it stops for a long time until it consolidates and will continue to rise, banks no longer have room to manipulate downwards, if they do, they require more capital
Coti apparently has an inverted shoulder head shoulder figure, he broke the figure with volume and is making a pullback to the break, if the body of the candle remains above the neck line, it is expected to reach 80 ctvs. and if there is a good impulse you can spend 1 dollar. BINANCE:COTIUSDT BINANCE:COTIUSDT
In weekly candles it has a Shoulder Head Shoulder formation, aiming at the 1.12 resistance, there is a possible rise to 1.18 and hence an appreciation of the dollar to 1.12 FX:EURUSD .
The crossing of averages of 50 and 200 in the SPY, and the weekly trend indicate a correction market, the SPY can reach the 315-312 area until it meets the average of 200 periods in the daily SPY