Short idea on SPY. The price was rejected by resistance at 213.3 multiple times in April-July 2015. It has been on a downtrend since then. SL is above the resistance for security, however this is just according to my strategy, and you should do what you feel is best for you. Target is right above Fibonacci 76.4, however will reevaluate and move SL at each...
we like patterns like green after dog better if it gaps up cup and handle pattern hook pattern and long narrow base with bollinger bands widening always have stop loss orders pay attention to 200 day ma and cloud but cloud is thinning money flow strong macd and stoc crossed cci and percent r upper range rbi strong ww choose growth stocks between 1 and 8 dollars...
below weekly cloud rsi weakening stoc crossed down money flow going down cci and percent r going down china may be slowing
green candle after doji small cap etf stoch crossed money flow good get our book on amazon diversify with foreign candidates relative strength strong cci and per r rising
GDX has an Ascending Broadening Wedge Reversal pattern and awaiting breakout.
What is this chart? This is the Real-Estate Investment Trust (REIT) $MSCI it is the underlying asset for the 3xLeveraged Short Real-Estate ETF $DRV. Why is it important? Because if you buy $DRV during a housing market crash you can make some pretty insane returns, and if you look at the Elliott Wave count (unconfirmed) you will see that $MSCI has possibly just...
macd crossed above cloud above key ma get on book that takes our indicators to buy efts 40 years experience know exit and entry rules bollinger bands widening relative strength strong cci and percent r upper range
the $SPX just bounced of major resistance, meanwhile.... 3xbear ETFs are looking like a bargain.
As you can see all the major indexes are an important resistance. On weekly: it has resistance at the 50 day. All our indicators have turned neutral or slightly down. We will probably have a consolidation or a pullback of a Fibonacci ratio, probably to an important moving average or the cloud. During these periods we still may have candidates but you will have...
The long zone starts at the 9928.8 level. The potential targets can be the larger offer levels of Institutional Holders. These are the 10046.3, 10181.7 and the 10364.1 levels. The short zone starts at the 9588.3 level. In this case he potential targets can be the larger bid levels of Institutional Holders. These are the 9481.3, 9335.4 and the 9182.2 levels. If...
FXMM continues growth after breaking 1220 resistance. It is building a bullish 5-wave pattern unless it breaks below broken resistance point (dotted red). The bullish momentum can mark the start of the new uptrend that can last for several years and most likely complete wave 5 at 1.618 fib level(1301.09). A bullish breakout above this level could see wave 6,7,8,9...
iwv has passed all important indicators and the next big hurdle is the 200 day moving average,it may hit this area and consolidarte for awhile or it may fly threw like before On a daily chart: It is above 5 MA and 20 MA, it is above the William´s % R, above the CCI , the daily candlestick is positive, it has an increasing volume , it is above the cloud, above the...
That will be a good time, if we will have oil lower then now at the Monday.
Overview : U.S. crude oil prices pushed higher in early Asian trading on Wednesday, partly recovering from a 6 percent drop in the previous session led by concerns over demand and weak equities. Before that Crude oil fell for a fourth-straight session on Tuesday to settle $1.75 lower. On Technical charts, Major trend of crude oil is strongly bearish and market...
Overview : Oil dropped below $30 a barrel in New York as equities tumbled and no agreement emerged from Venezuela’s tour of crude-producing nations. Speculators’ short positions on crude were near a record and Crude oil Futures fell 3.9 percent. On Technical charts, Major trend of crude oil is still negative and market is making lower top and lower bottom...
IBB (Bio Tech ETF) had been on down turn since the last hurrah in July. It has been doing a beautiful correction A B C waves - currently at the end of wave (c) of C. Wave A is a double 0.5 X 1 move of the Gann Box Wave B is a 1.272 X 0.5 of the first Gann box. Wave C so far has been a 0.5 X 0.766 (although it might end up at 0.618 and 0.886 or 1) This movements...
LEI just bought new land and needs financing for the business operation. They are releasing more shares to help them do so. It ran 431.35% when they first released the news. Thats not something you see often; former runners tend to bounce and spike largely again. We have another very clean reversal bowl pattern for the upside. Unfortunately TradingView doesn't...