Detected in a recent weekly scan and discussed in depth at the week ending 05-Apr, ASX:SPR represents a potential bullish opportunity should momentum continue and newer highs be made past the current position. A recent outside week potential has been detected, with the trade activated on both 02-Apr and 04-Apr.
Stop loss for the trade would be below the low of...
As noted in the latest video update for week ended 17-Nov (apologies for the delayed publishing of these details - another hectic week), MTS represents a potential bearish opportunity should momentum continue and lower lows be made to confirm the outside week. Stop loss for the trade would be above the high of the confirmed outside week, should it confirm (i.e.:...
As noted in the latest video update for week ended 17-Nov (apologies for the delayed publishing of these details - another hectic week), GMD represents a potential bullish opportunity should momentum continue and higher highs be made to confirm the outside week. Stop loss for the trade would be below the low of the confirmed outside week, should it confirm (i.e.:...
This post follows #TheStrat trading strategy. Google it for more info.
SPY is approaching the 50% level of last week’s candle and could be looking to form an outside week. The yellow lines are short targets.
SPY stopped out buyers, then stopped out the sellers, stopped out buyers again, and stopped out sellers again, forming this dark blue broadening...
Looking back, NFLX fairly consistently follows-thru to outside weeks in the bullish / bearish direction. Just finished a bullish outside week. A little low on volume but a short week.
FTSE 100
TVC:UKX
FX:UK100
OANDA:UK100GBP
Weekly - Expanding wedge, bullish outside week posted.
Daily - Invalidated the head and shoulders setup that threatened to send the market lower.
4H - Bullish flag pattern completed with a measured move target at 7708. Potential inverse head and shoulders forming also.
Outlook is bullish - We will be looking to buy...
YMH5 futures traced an inside day on Mar 09. YMH5 is being controlled by an outside week bar last week. . Expecting continued weakness with support coming at the uptrend support line at around 17500 in the intermediate term.
Overnight markets were weak and at present YM is off about 115 points from yesterdays close to 17855.
Sh0rt below yesterday's low at...
