This is a bit trickier and there are certain techniques that you can use. I personally use Fibonacci extensions, point and figure and any potential patterns to offer potential upside targets. I realise I have been a bit cavalier with my point and figure upside target, as you can work this out exactly, but wanted to show the techniques I use rather than concentrate...
I learned how to calculate point and figure price targets today through my CMT course. This video shows how looking at may bottom set a target of 69k :0 mind blown. Next target is 63, based on 15 min chart, which we're close, but real target is about 54k. Ran out of battery on mic so recording stopped.
Two weeks ago, I covered these 5 stocks - MYX:DUFU , MYX:JHM , MYX:MI , MYX:PENTA and MYX:VS as Malaysia technology sector was on a massive rally. From the Wyckoff structure analysis perspective, majority of these stocks are still in phase D sign of strength rally with or pending a backup action before the phase E, which is a markup phase after a...
Will SLV ETF be the next GameStop (GME) to start the crazy run up as WallStreetBets prepares to unleash the World's Biggest Short Squeeze in Silver?
Let's analyze SLV with price action trading strategy and volume spread analysis (with Wyckoff concept) to scrutinize the tell-tale signs before any potential big moves happen. In the end of the video, upside target...
Find out how to project a downside target from a distribution range in a 3-minutes timeframe with Point & Figure (P&F) projection.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 2 Dec 2020 trading session. In this video, you will find out the market recap during the last session and a trade review in the...
S&P 500 futures slumped 1.6% to 3130 as of the current London session with increasing supply. Yesterday heavy selling was observed during the first two hours and the last two hours of the US session. Current level around 3130 might provide some support. Should S&P 500 violate this level, it could hit the Point & Figure distribution projected targets from...
