magnum375

magnum375

Well, all major Index opened lower with a gap but all managed to stay above the same support line. Are we headed for another buy the dip euphoria ? Central banks can save us all JUST KEEP BUYING !!!​ This time is very crucial for markets we gonna make it or break it ​ To short wait for a close below 5791 on an hourly basis ​ For the risk takers buy now with tight...

magnum375

Unless we close below 8

magnum375

The USD/JPY is going up on a zigzag move but it´s close to a breakthrough either on the upside or the downside so we need to keep and eye on it The pair is still inside the channel but showing some weaknesses especially when we are close to 110.33 that´s the first level to watch if we close daily above it we will go up the second level to watch is 109.666 !! if...

magnum375

After breaking a long range between 1440 and 1560 on the upside , the Gold is stuck again between 1560 and 1600 but have a good Bullish trend behind it and a strong support 1560 who was a resistance for a long time so it might hold My strategy is to buy Gold at 1560-65 if we come back to it with a stop loss at 1535 and a first take profit at 1600 then 1650 or...

magnum375

The German Index bounced heavily after a little correction last weeks, toward the 13000 key level but managed to get back to the top and this level 13600 will be a crucial level to watch if we manage to close above it on a daily basis we will target new highs , Investors are betting on the fact that the Coronavirus spread will be limited and economy will bounce...

magnum375 Updated 

Tesla stock price hit an all time high at 544 and almost gained more than 200% from it´s recent low at 190 but an interesting candle is forming a long shadow that could indicate a Bearish pattern if we close below 520 my strategy is to short now at 510 or 520 to target 450

magnum375

gap filled if we close above 3300 then keep buy the Fu**ing dip but if we close below 3300 the bearish scenario is more likely to happen , we just broke the bullish trend line .... technically we should correct toward 3200 then 3000

magnum375

The 10 year US Bonds is on a big support at around 1.50 what will happen next will investor buy it or they will keep selling it ? technically we should wait for a break of 1.49-50 to really starting selling it the Bullish scenario is when the price will close above 1.93 then we will buy heavily otherwise the price will stay stuck between 1.93 and 1.50

magnum375

The price of Copper is getting hammered after the events related to corona virus , as the metal tell us everything about the global economy this fall could lead to something big if the price could break 2.4735 this might be a big short signal and could start a meltdown on global stock market so keep an eye on 2.4735

magnum375

After breaking the trend line is it a pull back for more downside I think so unless we come back above 3738

magnum375 Updated 

The Euro Stox 50 is near a big resistance at 3817 and couldnt break it after many days of trying but now , the Index is going down and unless we break 3817 I think the downside will continue to 3660 So keep an eye on 3817 level and try to short now at 3768 with a stop loss at 3811 and a first take profit at 3734 then 3680

magnum375

The best thing to do is to wait for the break of 18.61 to go long as the main trend is Bullish and we are still above 18 a key level for investor in the silver market So my strategy is to wait for a close above 18.61 to buy silver for the long term if we cannot break it then a short term short will be good at 18.5 to target 18 then 17.5

magnum375

The Japanese Index struggled against the 24230 resistance level and as fear take place into the market, the more downside will come afterword My strategy is to wait for the break of 23000 to short it or if we come back to 24230 so 2 possible outcome : 1 - short at 22990 if we close below 23000 2- short at around 24200

magnum375 Updated 

the Natural Gas bounced on a strong support at 2.092 this might be a huge buy opportunity to target 2.198 but we could retest first before going up my strategy is to buy and keep buying unless we close below 2.09 -2.07 then my scenario is invalid but we have a high probability of going up : Buy at 2.10-2.11 to target 2.19 then 2.33 with a stop loss at 2.04-2.03

magnum375

After breaking 950 the Platinum go up after doing a Pull back so the best case is to wait for a clear break of 985 to go Long but for now as long as we not break 985 we will come back probably to 950 My strategy to be safe is to wait for a break of 985 to buy or a break below 950 to go short . the price might also trade in range between 950 and 980 for a while

magnum375

The VIX , the Fear Index is trading near a zone of a very strong supports 9.4 and 11.9 The VIX never traded below 9.4 but always surged after touching it so the odds of a Bullish VIX and a Bearish stock markets is most likely to happen for the upcoming weeks my strategy is to buy between 11.9 - 11.4 then rebuy again at 9.4 - 9.9 to target at least 15.3 then 30

magnum375 Updated 

range between 13320 and 12960 a break below or above will lead the market but a close above 13320 is more likely to happen

magnum375 Updated 

Shorting now at 8066 target 5400 stop loss 8400