Look, unrealistic pricing is what it is, regardless of the type of asset, stocks are in a bubble this year. The economy has been nothing more than stalling, so all these companies are subject to realistic corrections.
The dow has been trading well within a rising wedge. Rising wedges in bull trends can be very good, or very bad. When price breaks up from a rising wedge, it can be very powerful. DJI gave 3 entries in January. You had to be quick, but you are being generously rewarded. The first was at the start of the year - easy breakout. The second was a small...
The DJI looks to have completed an Elliot 5 Wave Extension. This is typically followed by a loss of equal magnitude to the gain of Wave 1.
So guys, we're gonna have some fun here. I want to show that this type of analysis doesn't just work in the crypto market! That's why I believe I have longevity doing this, even if cryptos don't work out. So if you keep up with the equity market, you know that it's been gaining rapidly recently, indication of over-exhaustion of a run. If we look at the 1 Month...
i short at 25030 psychological level and also overbought + a bit of euphoria ..maybe the last rally before the big correction as small crashlie aout 2015 or februar 2016 but for now i just short on old resistance who become support short at 25030 target 24870 gain = 160pts
We see price action and close under 9 ma. sO Maybe here we have something for top. Early warning for top. Lets see..
no much word to say as fed tightening polily and stock still beat all week new record high as is overbought much in many indicator in h4,daily,weekly,monthly a legit correction is neccessary for can back up more later if he will 1 days..but i think not in 2018 as all time i short 2 separate position for can cut 1position and secure gain in 1/3 or half of the...
Following is not a trading advice or idea at all.... Check the monthly chart of the US30, Following months are historically important for trend change. October 2017 and November 2017 are important months from many tops and bottoms. Hence fall is coming and it will be in This or the next month. The fall wont be small correction it will be a big fall as yearly...
Ryan Air Holdings #RYAAY long bias at monthly and weekly demand level. Long term buy setup.
The momentum and volume is drying up and it makes me feel like everyone is already bought into this market. After examining the chart we might as well could face a dramatic and fast drop in the markets. Major increase in margin debt could also be a red flag. People are maxing out their accounts on margin debt purchases.
After the index broke the secondary ascending trend channel, DJIA began to move sideways in the primary up-trend channel. Eventually, DJIA will test the support level at 21660 again.
Hello Guys, We hope your trading week is successful so far. I have a short term long setup for you guys in the Dow Jones future. If the market stays below 22034 i like to buy it at around 21866 with a stop loss below 21685 and an initial target of 22229. I will only buy the market at 21866 when it stays below the high of 22034, if it breaks that high without...
Did you follow our previous analysis? It has hit our TP1 level. The market will very likely to go lower, it shall go to 21850 level and eventually to 21520. I am expecting a decent correction is about to take place. I am standing with SELL now. Please relax. It is only the beginning. Trade Safe, s0nic Disclaimer : This analysis not include personal...
LOOKING FOR SOME CORRECTION AT THE ZONE BETWEEN 21680-21500 OR BREAK UP THE TOP FOR TODAY WITH CLOSE TARGETS LEVELS : 21935 - 22100 - 22427 ..
We had a nice knee jerk action on the counter with strong break out in past 3 trading days a expected. This bullish momentum shall continue for sometime. So I am not standing with BEAR Side at all yet. The old thing to take note is that, the recent runup is not accompanied by thick volume. It can mean that the movement may not strong enough to hold it long. So,...
-Continuation pattern to support uptrend. -Once it breaks out 21,032 level, it will swing up to 22,000 level. -Moving averages are still supporting current trend. -A wise old man once said, "the trend is your friend till it breaks"