Jezuz christ, what a Feb wick while still uncertain of the future prospectus, it is good time to long for me. I know it is very high consider the downside i have to stomach in if price breaks back to 13-15 Just a 50shares, it wont kill me in fact, saw this on 15th April, hence the entry was on 18th April when market opens 20.85 once it breaks the downtrend...
Alright, now that the dust has settled, lets update my review on EURUSD About a month ago, i posted this monthly chart when price is about to break the important support of the little blue circle line. I hypothesized two different path way of how the price will move. 1. A non-QE induced path will see price bounce of the support but ultimately get squeeze into a...
I had a check on my past coverage of Russell 200 index, but i think this one is more complete than ever before As much as i can i will find the best channel to incorporate all price actions. Currently Price has broke up of the major green channel top AGAIN! big deal! but how come i still do not feel good about it 1.MACD death crossed is still in effect with MACD...
this is only part of the data price is currently at the top of channel attempting to break out of that
Not many atime in a PROLONG uptrend that i see month candle as a DOJI! I can only see 3 of them as highlighted. For the last two time this DOJI appeared, the following bar was a red bar making it an evening star formation. A Jan 2015 big red marubozu would be a good set up for massive sell if if can break below that upper broadening line too.
using smaller timeframe, i thought this is a momentum play for long after a minor pull back
Oil has finally broken the downtrend line that started back in July-Aug 2014. Price closed above downtrend line on log scale on this weekly chart. Under normal technical situation price would go higher and return to test the downtrend line to confirm whether it has turned into support from resistance i will keep my long as for now - Bullish Remember: trade...
Technically if my eye is seeing it correctly, there is a potential small H&S trapped under 37-42 while the entire price structure since the IPO looks like a rounding bottom Who wins in this fight? Long term wise, the overall technical situation is bull bias but... who knows
World food market has been in the slump since topping up end Oct 2013. the stock value has basically halved to around 30.2 as of 8th April 2016 Technically, price does obeys the downtrend channel as shown, but i also see a potential rounding bottom forming if price found support and reverse around 29 and hit back to 34, the chance of rounding bottom...
i only look at charts, seems like Gold and Yen move in tandem for major direction since 2008 Please input your fundamentals on that thanks :-)
A month ago, when i posted this pair on 12 Dec, i added another position for short with the same target at the channel support. First short 121.225, second short at 118.565, target reached at 116.063 Seems like price is struggling at the S/R line again. Though it sound absurb, but there is still a gap at 112, a weakness and break again below 115.750, i will go...
it has been a year of overall bears when bulls were trying to pick the bottom for the past 2 months, gold price seems to be making a rounding bottom (unless the red support is not broken) else we go lower let me recall my cycle analysis that long wick makes me feel uncomfortable about going bull the doji is tricky daily and monthly have bullish bias, but...
GSK has been in consolidation since it topped up on Jan 1999 i reckon big move is brewing just like the lava is boiling to be oozed out of a volcano ^_^ Note: there is a scary HS pattern in orange box, if price fall below 37.50, then my bullish bias will be wrong
Alerian MLP Infrastructure Index is a composite of energy infrastructure Master Limited Partnerships (MLPs). The capped, float-adjusted, capitalization-weighted index, whose constituents earn the majority of their cash flow from the transportation, storage, and processing of energy commodities, is disseminated real-time on a price-return basis (AMZI) and on a...
1st post for Natural gas i will update also on the natgas futures fade the gap 1.97 SL: 1.835
this Junk bond has made a series of lower low, in the event that price is able to break the blue overhead resistance, 200ema is the next supply region
Technically speaking, this solar ETF has broken out of downtrend channel and consolidating for next move especially a weekly belthold with 3x the volume. The next minor resistance is around 32-36 and the major one will be 48 for bullish move while a failed upmove will see price go down to perhaps 19-20 the constituent stocks can be found in guggenheiminvestments.com