Whats up traders, Most of the explanation is on the chart - pretty self evident what i am looking at.
Technical Analysis and Outlook SPX (S&P500) plunged over 90 points - classic Dead-Cat-Bounce rally. In the overrun scenario of intermediate Mean Resistance 2690, and Key Resistance 2736 we have newly created Key Resistance 2790 . However, the index main destiny is revisiting Mean Support 2633 and completed Index Dip 2630 , while Key Support 2583 , and outer ...
Today DJIA made a new ATH, breaking the previews resistance but failed to stay above for now. Multiples bearish divergences, as you can see the last time we saw a divergence like this it was follow by a correction, the economics context isn't very good, and October isn't a good period in markets. So I think we could see an other correction in coming days. What are...
TRY continues falling aganist USD due to Turkey’s financial meltdown. www.bloomberg.com
The Monthly RSI over the last few months went higher than 97 and 08! The yeild curve inversion. The Turkish Lira collapse along other fiat currencies. Unemployment is low. Very soon we will see a sharp market downturn. In the chaos I believe we will see that the bank bailouts from 09 will have only postponed the issues. This may be the biggest financial disaster...
GBCI DOUBLE BOTTOM BREAKOUT PATTERN BREAKOUT: 35.65 TARGET: 39.62 (+11%) POSTIVE MANSFIELD SECTOR SHOWING STRENGHT LOOK AT THAT CPM BEFORE BREKOUT. GOOD SIGNAL INDEX:DSBK
Could yen futures go high? I believe that we could see Yen Futures going to highs of 0.0093125. Pay attention to the futures guys when trading yen pairs... ALSO PAY ATTENTION TO THIS KEY LEVEL(0.092500)
This is one of my shorter time scale predictions heading into the earnings reports coming up. With all the volatility we have managed to open a couple of more postions during the beginning of the week that are already in the green, these are set with a x1 leverage on our PI profile on eToro (Willscuba). We currently have a reducing wedge but have seen some...
Paypal is and will always be a permanent, financial player. The Venmo acquisition: brilliant. Square, sure, it's growing and has potential. Tell me one person back in 2014 or 2015 that had heard of it over Venmo. Brand recognition and explosive growth make it one of the pinnacles of the PYPL story. Was it expensive at $80? Yes, absolutely. Is it expensive now for...
target to visit 1.36 and below before mid-feb 2018 understand more of these pattern at www.GannExplained.com
INTERESTING WEEKLY RESISTANCE BREAKOUT AFTER EARNINGS REPORT ON NOV 1 .
48,13 est notre objectif ! Tendance haussière ! On va chercher à taper le haut du graph RSI !
just waiting for oversold levels and a target buy zone, around 24 $ for a tap of the 200 moving average and to retreat to oversold levels, looks like a swing on these large cap financial companies can be profitable with large amounts of capital, for example, in at 24 and out at 35 or too make a new high at 40, can be great. Keep an eye on this one forsure.
looking to buy at the line at support should be around christmas time december hopefully
DB will drag down the financials all it takes is for one big bank to lose it before everyone else follows !! Not a Bull market for DB , CS & BCS not looking good.
Pair: NZDJPY Order: SELL CMP Entry: 82.984 Take Profit : 79.455 Stop loss : 84.304 Risk Vs Reward: 1:2.67