A perfect H&S formed on S&P daily timeframe, if the neckline breaks we should expect some big movement to the downside.
Hi guys, Here is a bearish GARTLEY pattern @ 2097 in which i would have a sell limit in place and stop loss will be placed above the X leg which we use as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the...
China and AAPL and other concerns about economy, Yen as a indicator and early alert, drop would be deeper minimum target on the chart.
I don't usually trade these, but for anyone interested... Target based on previous structural levels and and SL based on the shoulder height.
The left side of the blue target box is at the number of months the 2000 dot com bubble took to reach swing low. The right side is the number of months the 2008 crisis took to reach swing low. The top of the box is the % drop of the 2000 dot com bust, and the bottom of the box is the % drop of the 2008 crisis. Interestingly, the average of the 2 is almost exactly...
SPX has closed below 40EMA. Next stop @ 100/200 EMA at 2020. We may see a repeat of Nov & Dec 2015. Trading Plan: 1) Short now and see if price gets supported by the 100/200EMA confluence zone. The reason for shorting is because we have turned around and it's usually the best to stay with the trend. 2) If 1) happens, wait and see if price breaks above 2100 or...
Fed will probably fight this till the very end. Let's see who wins.
I'm taking this short. Clear ABC and channel. Happy trading!
Going short in this pair. Shorts are still viable at this time. The pair looks very negative. As well JPY has been the strongest performer.
Possible Short entry if price closes below and holds trend line. Looking to see a death cross form. Although it is far too early to tell.
Price has test the resitance in upper channal. Smal risk for shorting.
Many prominent economists think that SPX500 will fall down to around 1800 and will go back to 2000 at the end of the year. The resistance line that has been in place middle of last year was retested again at the beginning of April, unsuccessfully. 1HR Fibonacci shows downward trend, SPX500 hit 0.7 level and started falling. RSI for almost all time frames is above...
Look at this chart and see the symmetry... ...kinda mystic to me. So, what to do here? Observe! P! mytradingcoach.teachable.com
See comment in the chart, why i'm in danger eating my one foot! §8-) P! mytradingcoach.teachable.com
I am test the analysis of Fourier Series in S&P 500 Index some times I have very good results in forecast. The prediction at future is short in time and It´s bad predictor when there ispolitic effect on markets. I fixed two model, exponencial with tend to up and damped:
On a monthly basis, this looks also very obvious. What's the job?...Observe... P! mytradingcoach.teachable.com