If you are an average Joe like me then this is a no trading zone. Com back tomorrow to see what the tape is saying. If SPY breaks this black HORIZONTAL AROUN $215 support line I will go short. But if it bounces back then I will wait till the red resistance line has been broken. And even if I buy I will watch till it hits another resistance (blue line). Probably I...
If $SPY BREAKS THIS BLACK LINE, THEN SHORT
If it touches the black line and fail to break then its a signal to buy again.
its a buy in 4 hours chart as long as it holds the light green support line or the 2nd green support line
Wait for the dotted (red/green) triangle pattern breakout to load on the short side. Its done. Dead cat bounce. www.twst.com
Go short once it breaks the light green support line
It's a dead cat bounce. Let it touch the red line to reload with shorts. Options is the best way to go.
Did you remember the by by song from N-sycnc? Here you go, while reading my boring chart and analysis you can also listen to this nice music. www.youtube.com Dear All, After looking at the monthly chart think TESLA is a short candidate. It failed to make new highs for last few years. There are couple of projected parallel path I drew just to get a guestimate...
FACEBOOK'S DAYS R NUMBERED. Even thought it may well make some weak new high but probably not that high from the previous high. They are at the top channel of parallel trading line. I marked them as Red and Light green. But also I drew a solid black like which crosses the red line and creates a triangle. Once you see the triangle has been broken FB will be weak...
EXON IS A BUY AS SOON AS THEY BREAK THE RED RESISTANCE LINE.IT MAY BE FEW MONTHS BUT GOOD TIME TO BUY AND HOLD. www.wsj.com
AMAZON LOOKS LIKE LAST PUSH HIGH AND WILL B SHORT LIVED. GOOD CANDIDATE TO KEEP IN THE SHORT LIST AND MAY GO SHORT IN FEW MONTHS. www.pymnts.com
VIX HAS BUILD A VERY SLOW RISING GREEN SUPPORT LINE OVER LAST 7 YEARS. So it is a buy and hold for long term (at least 2-4 years). Possible scenario Triangle playing out. Leap Call Options strategy may be good if deployed properly in volatile market.
$USD is long and probably one can hold for few years if the dark green line doesn't breach. And sell when the historical red resistance line hits.
IT WILL BE PAINFUL TO TRADE GOLD/USD PAIR UNLESS YOU KNOW TOOLS TO DEPLOY OPTIONS. I am bear on this relationship and probably forming channel trade, but don't count on it too much. Also from cycle perspective Bull Market from 1999 TILL 2011 is OVER. So better to bet on the short side at least for next few years.
Trade carefully. Looks like bond will follow the new parallel channel. I marked then as LIGHT GREEN Lines. Also a dotted red line incase any one of u want 2 short safely. I would like to wait for few months or weeks till the price breaks the deep green line and then hits the lower channel light green line to go long. But if the lower green support line has been...
The red line is a historical resistance line. The green line is the new buy or support line. CRUDE is in a position to buy and hold for some long term. May be till end of the year or even may be early next year and before 2017 summer comes or even during spring 2017 may sell.