Me siguen preguntando por JMIN y la respuesta es la misma, esto sigue lateralizando con pequeña tendencia bajista, sin momentum, sin intención y lo mas importante sin volumen. Vamos a tene runa señal clara cuando esto despegue y vaya a hacer nuevos máximos. Por ahora paciencia!
Since the day that the feds raised the rates, it appears that UJ topped out at a resistance zone of 118.5 | It has gone back to a sideways lateral movement in similar fashion to pre-American interest rate hike, While UJ has maintained a bullish long stance over the last months, it appears that for now it will stay lateral and is prone to spiking up or dropping...
USDRUB continues to trade within borders we defined in our last update, however the range has narrowed. (see related idea) As volatility compresses, and the price is trading between upper 1st standard deviation from 1-year mean and lower 1st standard deviation from quarterly mean, there current range now is 62-66.5 USDRUB is very correlated to WTI Oil, which is...
Financial SPDR ETF is still recovering from 2008 losses and did not make it back in terms of prices. On long term basis - XLF has only recently crossed back the 10-year mean upwards (now at 21.50) and have been in 5-year uptrend until the recent August selloff. Currently it is trading within 1st standard deviation from 5-year mean, showing no macro trend. On...
USDRUB has finally managed to end its upward trend, started the begining of June 2015 The price level has shifted - before uptrend USDRUB was trading about 55, now it is trading north of 60. The end of the uptrend was marked by the price falling below quarterly mean and within 1st standard deviation from 1-year mean. Thus currently the pair is range-bound, with...
Merck fell into uncertainty on long term basis, but is on risk to fall on short term perspective. On long term perspective price is now in lateral range after it failed 10-year uptrend, by falling below 1st standard deviation from 10-year mean @ 54.65 (now the range upper border). The lower border of the macro lateral range is marked by 5-year mean, standing now...
McDonalds trades flat both on long term and short term basis. On long term perspective price is now in lateral range after it failed 10-year uptrend, by falling below 1st standard deviation from 10-year mean @ 100 (now the range upper border). The lower border of the macro lateral range is marked by 5-year mean, standing now at 92.5 - MCD has tested and held this...
S&P 500 closed today above key level, which is the downtrend border in relation to 1-year and quarterly mean. The level is the lower 1st standard deviation from 1-year and quarterly means aligned, now standing at 197.5 The close above cancels downward risk that was initiated during late August selloff - and if price trades above it from now on - it will likely...
Goldman Sachs trades laterally on both long term and short term basis. On long term basis price has recently failed uptrend borders, marked by upper 1st standard deviations from 10 and 5-year means - thus entering lateral territory within the 1st standard deviations. On short term basis price has failed to enter a downtrend on 1-year basis by holding within 1st...
WTI Oil measured in Russian Rubles reveals some hidden truth behind USDRUB rate against the background of falling Crude prices. The idea of Ruble devaluation is to hold oil price measured in Rubles within 1st standard deviation from 1-year mean. (current target range is thus 2800-3475 Rubles per barrel) Basically such policy creates PERCEIVED budget stability,...
Du Pont trades currently within macro uncertainty - between 10-year (now at 46) and 5-year (now at 54) moving averages. Thus Du Pont has no trend long term basis at the moment. On short term basis, however, price is trading below 1st standard deviations from 1-year (now at 59) an quarterly (now at 51) means, thus showing a clear risk to more downside, unless...
Coca-Cola trades in macro range - on 5 and 10 year basis. Price is now currently trading between 2 key levels. The lower level is 5-year (260 weeks) mean. The higher level is upper 1st standard deviation from 10-year (520 weeks) mean. Price trading within 1 standard deviation is not trending, thus the range outlined above is lateral. On short term basis,...
Cisco Systems trades in macro range - on 5 and 10 year basis. Price is now currently trading between 2 key levels. The lower level is combined from 5-year (260 weeks) and 10-year (520 weeks) means and is at about 22. The higher level is combined from upper 1st standard deviations from the same means and is at 27. Price trading within 1 standard deviation is not...
Despite today's sharp selloff in the dollar, USDJPY holds long term ground The price held 1-year (264-day) mean standing at 117.60 The price also did not fail its relevant lows at 115.40 Thus USDJPY is likely bounce back up now However, risk of more downtrend remains as price trades below 1st standard deviation from quarterly (66-day) mean at 122.25
On technical basis, SPY (The S&P500 ETF) has broken down below 1st standard deviation from quarterly mean (66 days), while also breaking below 1 year mean (264 days). The price has now entered a downtrend on quarterly basis, and will continue to fall if price stays below 1st standard deviation from quarterly mean (207.1) Closest target is the lower 1st st...
AUDUSD is trading at weekly (120-h) mean with no apparent slope. At the same time, volatility (measured by 3.2 standard deviations from the mean) is also flat and is likely to compress soon. Price is likely to trade in a lateral fashion for some time - within the 1st standard deviation from weekly mean. Traders can pick trades both sides within the lateral range...