next target for SPY can be 430 which fib ret 0.63 will meet middle of the channel.
I am seeing a buy opp. active at 291.4 take profit at 407 atop loss at 375
The price broke above the upper channel line with an increase in RSI. The next target is around 42 dollars as the width of the broked channel.
APPL is near to its trend line which provides the strong support of around 136 dollars and is likely to react positively to it.
The closing price of tomorrow's market plays a very important role. if it closes below the Ichimoku baseline (red line) at 4451, we will see another 2% drop in S&P 500 till Ichimoku's cloud support. as we have seen in the last months, the index has been reacting very well on the baseline support, I'm seeing a high chance of positive reaction again on the baseline...
after retesting the lowest low in the last three months on 9th August, the price is in an uptrend. On 3rd September the gold price couldn’t break the familiar resistance of Senkou Span B at 1834.14. personally, I would not consider trading as long as the gold price is in the Ichimoku cloud. I consider 1756.06 as the next strong support for the gold price in short...
As we can see from the chart, on 17th March, the price reached to the highest point since 2008 of 48 dollars and then dropped to around 30 dollars again. We can also see a triangle in the chart that the upper trendline is formed by connecting the three highs, while the lower trendline is formed by connecting the two lows. It seems likely that the price will touch...
having Gartely pattern, over sold and near to the trend line. good idea to get long! I bought it at 51.92 with a stop loss just below 44.
need to be reacted on the upcoming support level and go back on the road again!
waiting for reaction on the important support ( range 411$-384$ ).