Bullish AB=CD BAMM opportunity is now shaping up on the Standard and Poor's 500 index on the 4h chart. This one to one measured move looks excellent, the AB=CD completion is beyond the ATH at 2877, this is complemented by the reciprocal ratio of 0.5 which is the 2.0 projection. I'm expecting price to break resistance @ B followed by an acceleration in price...
Hello Everyone, Nifty seems pretty Interesting and stuck in a channel for a week. Explained everything at the chart for call and put position . Good luck
A lot is going on in here and a lot needs to be taken out to reach this bearish scenario to take place, but YES! it is possible and I am going in for this with stop at 1645/50. This needs at least 2 weeks bearish trend to play out for the price to reach 1460 Area or maybe just maybe if the markets get stretched than 2nd Quarter will be my target. The graph is self...
Hang seng has been sold in line with Chinese equity markets and global equities markets due to trade tensions with US. As these start to subside, and market awakens to the fact that both countries look for win-win agreement equity markets should rally in the near term. Larger moves can be made if key technical levels are broken as highlighted in the chart. Good...
Where are these jobs numbers coming from? On 5/4, the latest U.S. jobs report came out showing unemployment at 3.9%(?!?) with 164,000 jobs added and wage growth virtually nonexistent. The market (DIA) couldn't decide what to do with that news early on, but Apple (plus tech overall) and energy (stocks like RIG ) were credited with lifting the indices higher,...
Big head and shoulders. If you where following my live trading today we tracked the right shoulder on its way up. Heres a nice setup with a 3% possible upside and a stop around 1% loss. I will be updating it as I go along. TRADE TYPE: LONG ENTRY: 2676.67 TARGET 1: 2608 (Sell 50% of position) Target 2: 2589 (Sell 30% of position) Target 3: 2536 (Sell 20% of...
As you can see we have continued our way printing that nice thicc inverse head and shoulders. We had little bit of a run up yesterday and suddenly the media sentiment shifted. DONT GET CAUGHT UP IN THE HEADLINES. Apple will not save you, Boeing will not save you, the fed will not save you. The top has blown off. Dont pay attention to the bull trap! Keep...
Heres some easy money, Navios Maritime Midstream Partners L.P. is a services and shipping company. It has been priced at a premium by the market as a result of overreaction to selling of ships. These ship sales have increased the company's cash flow and helped them build an already extremely beefy balance sheet. I believe the market has priced NAP at around...
Welcome to live trading. I will be making calls throughout the day on the index. Like the post and follow me to tune in and get notifications of my calls. Lets go boys, Ya boy Darklord
The Dow Jones has been technically accurate. It is printing a rectangle, which is either a continuation or reversal pattern. Aggressive traders may wish to short at the top of the rectangle for an expected continuation breakout below toward the strong support and price targets below. Otherwise, trade the breakout, whichever direction it is (up is always possible).
Bulls iffy, uh, Blicky got the stiffy, uh Got the blicky, uh, drum, it holds fifty, uh Scum Gang! I'll see y'all later, suuwoo!
Lookiing for support at 200MA, needs to hld 1550/1560 to continue the bullish upward momentum.
Ayo was poppin just a lil intraday lookings. Did u know patterns are fractals? Trippy bro. We printed a nice head and shoulders and confirmed below the baseline. We going down from here. but heed my warning plebian for I am the prophet everyday the bear creeps slowly in for soon we will enter a downtrend... but for now be on the lookout for a whole lot of...
Dar_klords Daily Update Ticker: SPX Rating: Sell Short Driver 1: The white dotted lines on the chart represent the two current major levels of resistance. Both of which are supported by a double bottom. Driver 2: The pink line shows us another double top, also a bearish signal. Driver 3: The green line shows us a critical point in the True Strength...
Decision day, a drop today should confirm testing off lows next week. Every push up gets sold off. Volume picking up to the downside. Tight SL on this trade, GL
Still some downside. Expecting price to reach the 6940 s/r zone. This zone also correlates with the 0.38 fib retracement on the monthly chart. Will wait and see what happens. Self explanatory.
Hello Traders, Today we would like to present you TVC:SILVER as it seems to decline in near future. Let us break down the analysis. Starting with the fundamentals/macro overview as usual: TVC:SILVER is currently not a very much watched instruments in the financial market, however it shows some interesting pattern. These pattern we would like to provide...
The level 4900 is a place for making decision how we have to trade. Let's think about possible price movements. If the close price of this day is above 4900, we'll have price reversal from the support level with RSI confirmation. MACD histogram will support up movement. At the same time rising MAs with periods 20, 50 and 100 give a signal that up trend begins and...