priceprophet

priceprophet

DJI stalled last week, the 8 MA has nearly caught up with prices on the daily charts. Weekly chart has consolidation between 24680.57(S) - 26476.27(R). A trigger formed on the baseline and currently reflects enough strength to indicate an attempt to break out to ~27058.58 This isn't a strong trigger - so once the breakout occurs "holding" the position and...

priceprophet

Russell appears to be tired of being melancholy and has issued a projection out of the consolidation. It isn't big or aiming for the moon. However, it generated a signal for ~1552.39

priceprophet Updated 

June 7th showed a price projection of ~1.15698 the EXY and DXY are both showing strength to project into ~1.1599

priceprophet

The price projection generated on June 10th has a target of ~8093.16 after price stall (consolidation). Consolidation range is currently established at 7910/7774.

priceprophet Updated 

Consolidation between 1.62524 - 1.6071 Looking for break out and project a price into ~1.6389

priceprophet Updated 

SP500 price projection is showing for 2969.85 on the hopes of resolutions to the trade war and FED rate cuts. If we do go for it. And can't break this barrier (yet again). It is going to hurt going down.

priceprophet Updated 

DJI price projection is showing for 26844 on the hopes of resolutions to the trade war and FED rate cuts. If we do go for it. And can't break this barrier (yet again). It is going to hurt going down.

priceprophet

Oil is still looking south on the prices. Between 48.48 and 36.04 There doesn't appear (this week any how) to be any effort of a rally. The pricing returned to its core averages after a run off early away from them.

priceprophet

Russell 2000 is showing a MEH attitude and holding on to a target of 1328.75 Failing to rise like the other three indexes. Russell seems to be the turtle in the family at the moment.

priceprophet

NASDAQ price projection is showing for 8035.5 on the hopes of resolutions to the trade war and FED rate cuts. If we do go for it. And can't break this barrier (yet again). It is going to hurt going down.

priceprophet

Greetings all. Ready for the bears to prowl? The orange highlighted zone is the original S/R from 2018 until the December break down created a new floor. It appears we have tapped the roof 3 times now. Since we couldn't break through it (with the help of a tweet on May 4th and a trade war). We are heading back to the floor. Well, we need to move in one...

priceprophet

CNN has an article on how sales are slipping. Caught my attention so I ran a quick price projection against it. The next 9 days is looking for a price between $39.60 - $38.62

priceprophet

It was the tweet heard around the world on May 4th and it impacted all the markets. Oil has been no exception. Oil has gone bearish. 30 May gave us an engulfing bar. I was hoping 31 May would provide us with a adjustment bar but it can’t (given the time of this comment, it has already broken the low) - if anything it will give us a locking bar. The current price...

priceprophet

Prices are targeting the area around 24.11 to regain a foothold above the 21 EMA.

priceprophet

On the daily charts, there was a soft target of ~60.06 which was reached on 5/6 and the weekly target had a price target of ~60.18 also reached on 5/6. Now, with both fulfilled. The prices are returning bullish. The daily engulfing bar yesterday has generated a target of ~64.26

priceprophet

Sorry I am late getting this out. Military duty. We are solid above the 8 and 21 trend lines. Still caught in support and resistance established in the beginning of 2018. Fear mongers will cry that a head and shoulders pattern is forming. However, I have reservations regarding this. We have now two signals. One in February and on in April both targeting the...

priceprophet

The pricing is caught in a slow negative channel. 1.18 - 1.14 currently. The drop has been painful for trend traders who can't get a lock on this activity. There is a long-term price projection in the channel of 2017 lows (near 1.0480) We have been in a bear situation with the EUR/USD since May 2018. This isn't going away just yet. A monthly close below 1.11763...

priceprophet

WTI is coming out of the hole. Soft target of prices around 68.58 - 70 Anticipating the ETF (UCO) should see highs around 28 in the next two months. WTI has closed above the 21 for the first time in 4 months with bear sign. On the daily, it has been consolidation between 60.71 and 58.15 Friday didn't close above, however it is positioned for such in the coming...