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Market could find support on the falling resistance, but this is unlikely to give strong support given thethree major bearish signals: Market closed below the upwards trendline of last half year Market closed below the daily 100 SMA Market closed below the daily 200 SMA SPX is open to downside. Enter short - choose your targets.

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Quadrupple bottom forming in wheat with a higher high in the short term momentum. Note that testing horizontal support for 4th time is also a sign of weakness. However, the new high wave suggests upside is possible. Play your entry and stops wisely.

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6 week low print and downwards uptrend breakout. Go short, stay short, choose your target.

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Market broke up from the falling channel. Market touched 4156 - 0.5 fib level and May High. Market aiming for 4313 - 0.618 fib level and August high. From that level, anything is possible again. For market to continue down - we need BAD news. It's not there yet. Note the two strong up trendlines that will give support if market continues falling.

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Market wasn't able to push USOIL down to the bottom of the channel for two times in a row. virtual 'higher lows' - the lows weren't as low as they should have been. Massive buying interest in the 86-90 USD zone. Buyers are here. Ready for breakout out of the falling channel. Shorts will need to get covered. 100 USD in sight. If I'm wrong, 82-83 USD should...

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Third time this year DAX breaks out of a horizontal/rising channel and both times it tested downside severely. Aiming for 12500 here.

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We are in a bear market, and the upwards corrections are often very aggressive. We have seen massive up move from 3750ish towards 4100, showing exactly that. We see market taking a breath now, but earlier SPX broke out of the falling channel and - as indicated by the green boxes - buyers are in control and they aren't tired yet. RSI is clearly trending up but not...

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Two scenarios. Bull scenario We see two times a double bottom on the daily. Buyers are getting in charge. Also, yields have come down significantly last 3 weeks, which indicates money could be flowing back to equities. This would test recent local highs - the blue box. Not given that we will find the way up from here before testing downside. Bear scenario...

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If history repeats itself - we ain't seen nothing yet. The higher yields and the recession fears have pushed SPX over 20% down. We saw a similar selloff in late 2007, when market saw a recession approaching. That was just the beginning. It bounced up with 15% to continue downwards afterwards. During the recession / global crisis in 2008 and 2009, we saw the...

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Fundamentals don't look pretty with the inflation being far greater than the interest rates, but technically we are toppish on the yield. Yes, we broke out of a 40y channel, which makes us shift from bull bond market to neutral bond market, unless we would close the month extremely bull in one of the next months. Technicals indicate we could trade back to 2pct,...

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USOIL WTI broke out of the descending channel on the upside early September. It retested downside later in September but it bounced off 3 strong daily moving averages (50SMA/50EMA/100SMA). From this moment, WTI just took off and went first to 76.65 From here, oil tested downside and a beautiful reversed and and shoulders formed, hereafter oil took off to 79.50....

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USOIL WTI is forming an uptrend channel after breaking out of the bigger timeframe bearish channel. USOIL seemed bearish after falling from 73.0USD till 69.5USD, but it found support at the daily 50 EMA/SMA and the daily 100 SMA and held 70.0USD. USOIL bouncing from this level also confirms the channel by now having two bounces off the lower rising trendline. We...

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We have seen over the last week that the bulls are in control. They massively lifted USOIL from 62 USD to 70.50 USD, buying every dip. Check the green boxes. 22nd of august was a huge bullish engulfing candle, and yesterday the market broke strongly through the daily 50 EMA(thick green line) and even pushed USOIL WTI through the daily 50 SMA(thin green line)...

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USOIL broke out of a local rising channel. Breakout was aggressive and USOIL WTI sold off 1.5USD in about an hour or two. Interestingly enough we see a double bottom on the 4h chart(green box) exactly at the daily 100 EMA (thick blue line) around 67.25USD. After fighting it's way back towards the channel, we touched the daily 100SMA (thin blue line), and sold...

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Friday USOIL was indecisive towards end of day and closed around 68.65, just below daily 50 EMA. This morning it gapped up and opened 69.45 but market immediately closed the gap and now USOIL is trading around 68.3, below the weekly open, below last week's close, below the daily 50 EMA, but just above the daily 100 EMA. Market rallied extremely strong last week...

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23rd of August was a very bull day. USOIL rebounded from the 200 daily EMA and major support zone of 61.8. On the daily we see a huge bullish engulfing bar and oil was able to break out of a descending channel. The crash of mid july initiated a new moment for oil, turning towards a bearish trend. Both a big and small bearish trend is shown in the chart. Since we...

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Crude Oil WTI / USOIL is hanging in between two major supply and demand zones. It's not an interesting time to trade here. It's currently hanging around the 67 level which has shown to be a key resistance level in March to May and oil opened and closed around this level afterwards. Above this level we have the 68 level as supply zone with key resistance from...

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Let’s take a step back. What do we see on the bigger picture? Early and late 2019, we saw two big bull runs after a downwards correction lasting a month.. Both bull runs lasted roughly 5 months. What did we see in those five months? Very quickly declining buy volumes. What did we see after there where too little buyers left? A correction downwards lasting...