Global Dow GDOW
Same thing here.
Testing resistance, in fact it's now sitting just a couple of points above the next line at 2930.
It's going to push back up to 3000-3003 sooner or later, just over 2% on this chart.
Look to buy SPX or any major market either on any retest of the rising dynamic if we get to see it- or on further strength above 2935 on this chart...
Sell the Rallies. IMHO This is a dead cat bounce, DYOR , Don't play with money you cant afford to lose...
We cant always be right so always set a stop and its your own risk if you hold over what could be a volatile weekend as far as news goes.
Bitcoin. Clock-Work 05:53 est
another 01:00 gmt low, another at 06:00gmt. And high at
10:00 - right on the upper parallel where longs who bought at
6am have closed out for 450 points - day's work done.
Now has to climb above the upper paralle and hold there on
retest once broken to turn back to bullish again from here.
Unlikely in very nearterm but it's...
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What's the point for OPEC to cut oil -1.53% supply if America flooding the market with it?? The only one question, for now, is whether oil -1.53% rally will end at the end of December or at the beginning of first quarter of the year 2018? However what the chances that BRENT...
All important things are on the graph, I see a nice cup and handle forming. Breakout looks to be imminent.
ENTRY: $1.13 - $1.12
STOP LOSS $1.11-$1.10. 2 Cents beneath whatever you brought in at.
Anyone who followed my POWR trade yesterday, wowee!
After the second round of the 2017 Frenchelections profit taking put the EURUSD under pressure. Price is now resting in the support area and potentially form a double bottom
Observing the most recent downtrend line for a rally continuation
So, the kingly discipline in bitcoin, aside from estimating WHEN a rally might start, is of course predicting the top of the rally.
I should add that I think it is utterly improbably to predict anything at all with a high certainty in bitcoin, since bitcoin is so young and we don't have enough data. But I'll try anyway :)
I looked at the previous rallies and...
After the release of news yesterday we seen the U.S Dollar move lower surrounding speculation and uncertainty.
I have broken down this pair looking at it long term and we have two scenarios
1. A possible rising wedge, a break of support "1.2900" and we will have a clear bearish continuation with sellers looking to break "1.2500" and then attack "1.2000"