Having a quick look at the weekly to re-plot some fibs and this jumped out at me. Not sure why i hadn't paid attention before... could history be repeating itself?? Let me know what you think??
So I'm just gonna point out some previous resistance levels from the climb up to the ATH that are now serving as resistance on the way down. Levels #1, #2 and #3 provided some resistance on the way up while Levels #4 and #5 did so as well but were merely bumps in the road. On the trend down we've revisited the #5 and #4 levels and seem to have a clear path,...
While the block areas are not exactly the same they are pretty close in how price action has played out. Should we be expecting price action to continue it downward momentum to previous lows before seeing a move toward new all time highs? Just a thought not a prediction!
Look Familiar? I wonder what tomorrow has in store....
Historical Dollar Index 0.09% activity during the US government shutdown in 2013. The shutdown occurred between Oct. 1st and Oct. 17th (everything between the blue lines).
Just a reference for anyone interested in how the EURUSD responded to the government shutdown in 2013. The shutdown occurred between Oct. 1st and Oct. 17th (everything between the blue lines).
If we look at historical bitcoin prices this could be the beginning of one gigantic rally! Will it pump or will it fizzle?
"Investors gained confidence that the Republican party’s push for a U.S. tax overhaul would succeed. " www.reuters.com
After having broken the $ 10,000 level, the price reached a historic high exceeding $ 11,000, however, it had a strong drop to $ 9,000 and a subsequent recovery back to the $ 10,000 level. This situation shows the high volatility of the asset, strongly influenced by the important level of $ 10,000. www.reuters.com
Price has reached a new historic high price with a big bullish candle. "The S&P’s biggest boost came from financial stocks after Fed chair nominee Jerome Powell, in his Senate confirmation hearing, discussed potentially lightening regulation." www.reuters.com
After recovery, price remains in a strong bullish trend, reaching a new historic high record.
"Bitcoin hits record high after developers suspend plans to 'fork' currency". www.reuters.com
Relaction between apple stock and facts, movies and new devices.
"Strong U.S. Earnings Reports Push Dow to New High: Markets Wrap" www.bloomberg.com