When i posted this ratio back in early Oct 2014, i noticed a little symmetrical triangle was forming. And price broke out of the triangle about midway and got pushed down. I recognized that was a inverted hammer telling me how the buyers of TLT is able to push the ratio. Hence, two months later we had a bullish break out! Sadly to say that, as far as long term is...
If this pair is able to break my blue resistance, price will enter into a no man's land where volatility will be extremely high based on my speculation
See if the double support (some central bank said something good) can hold around 1985 just for 7th Jan 2015.
Longlive DHT! Is this volume considered massive accumulation from Smart Money? I don know that Smart Money would accumulate at least 3-6 months before hand. Correct me if i am wrong
Previous neck line resistance broken, 10 days later, it became resistance again P.S. The major US indices-DJIA, DJTA, RUT, SPX, COMP are wearing the same boxer. Hence when it gets stink, the entire gang is in smelly situation with immediate support to be tested
Horizontal line coincide with current short uptrendline, failure to provide support will mean we wait for S1 For day trader to watch out!
It has been quite some time since i see a wild range in a month and yet price between open and close is very tight. Yes, Dec 2014 is that candle that is what i considered a classical high spin wave DOJI And monthly long was triggered. Lets see if it can break back into uptrendline and test the resistance at 18.505 where it broke down last.
While EURUSD that i just posted shown a gap down, DXY is having a GAP up. Could this be the juncture where EUR vs USD strength change hand? Or Bull has gotten a nice pair of Nitro power wing so that it can fly faster :-)
Price was thrown away from my emotional indicator following a GAP down. Could this be the exhaustion gap? Simultaneously, DXY show the same emotional indicator by a GAP up!
Out of the intersection of Channel A & B, a green channel pops out with a triangle forming. Could the green channel help price to break Channel A upper resistance?
As far as the channel is concerned, price is in the midst of no man's land.
Price has break the accelerated downtrend. Currently testing the important support
Price seems like break out of the horizontal resistance, i'd like to find out whether the green channel support is able to hold (blue region) P.S. The fact that price broke out of the multi-term trend channel is a big deal
China A-Share Fund indicating a super intoxicated state Can it go higher? Yes of course but how long RSI and histogram do not give foundation support
The channel top has provided resistance as expected. but indicators are given mixed signal. MACD has not give any bearish divergence while RSI is showing one, look out for the retest of the down slope trendline to see whether it can break back up
Euro Trust is testing its 10 years support since the inception while USD index is about hitting its 10 years resistance around 91.8-92. I want to trust my green channel again or the multi term downtrend line unless price break out both resistance.
FDX is a one way channel train! MACD is goin higher but histogram is not, if the RSI trendline cant hold, i would expect a retracement
Can CVX break the highlighted resistance? Which is stronger? Downtrend channel or Bull Flag..