The chart for the Dow Jones (DJI) is basically the same one as the S&P 500 (SPX). So needless to say, this one will crash as well.
My long term analysis for DJI is still valid, you can see it here:
This new crash that is incoming is just an extension of...
Back in October 2018 I shared a chart for SPX mentioning that it would crash, the signals were pretty straight forward and I was surprised to see how easy it is to predict movements of these conventional assets.
The crash followed as predicted. You can see it here:
Now, I am...
as you can see the Dax has Been respecting the trend line for a long period of time, DAX is a weak ecomany as it has just avoided a recession, eur auto car tariffs may get introduced to Europe which will effect the Dax massively too, Brexit also
The Indian stock market is not one I usually see talked about on Tradingview. However, it has been ripening for a short over the last few weeks. Markets decide their own course. Generally though the India50 appears to be weakening.
Here you can see my ENTRY of the pair : NZD/USD
We can see the BOW where we can change the downtrend. We can make 70 PIPS with this trade. Take your STOP LOSS very close, so you have no RISK of a change.
I'm in, short on the XAT, following initially a 30-min microtrend which is coincident with a potential turning point on the Weekly time frame. In effect this could be a microtrend nested in a macrotrend at this point in time.
I know that you all want to short the AMZN thinking that is game over but no reason to rush. The stock is in the broadening wedge megaphone formation and we might see another top side revisit. The Monday open will give us either gap up or gap down.
In the screencast I show hard evidence from the chart refuting media reports which say that a bull market on Wall Street is back. This evidence is available to everybody.
There has been a bull rebellion over the lat 4 weeks but that doesn't mean that this is a bull market - at all!
If you're a forex trader or stock trader this is important. Why because what...
Great buy opportunity for ULVR at current levels, weekly stick looks to be shaping a low test candle, fantastic fundamentals with many brokerages raising price targets.
Look to take stock up to rent highs with small risk. 1:2.8 risk reward
Confluence of resistance here:
Median line in pitchfork
50% retrace of december decline
38.2% retrace of longer term october-december decline
Previous pivots in price(19th dec, 10th dec
Stop just 2600 which was another strong pivot area, target ~2487 which would be 38.2% retrace and pivot back in 2017
According to news, Apple is not delivering confidence to its shareholders as these are concerned of several areas on the services where Apple is not delivering or improving. On the other hand, the company is not producing as many sales as expected, in fact, after the release of the latest iPhone, the share's price dropped almost 100$/share in just 2 months.