AMEX:SPY remain a STRONG SELL. Analysis Method: Fibonacci & Wave Theory TVC:SPX has completed a 143 Year Super-Cycle Please see previous analyses for further information. This is a continuation of the SP500 analysis that was started July, 2018. SPY has completed a 5 Wave Super-Cycle (143 years) and is now in a correction phase. An 'Irregular Correction'...
we've an important key level on top that couldn't break it, so we are locked in reversal movements, that means bears are strong in short term. this is simple, trading & ping-pong in triangle pattern..
there is a powerfull key level on top & price have been approved to run l-lows. (set your risk management)
we have a reversal movement to make lower lows in H4
gold is near of powerfull key level as resistance that breaking out this zone is tough for it. you can be ready your mind to set an order to take profit on lower levels
AMEX:SPY REMAINS A STRONG SELL! ANALYSIS METHOD: FIBONACCI & WAVE THEORY W/ A DASH OF FUNDAMENTALS SPY has completed a 5 Wave Cycle and is now in a correction phase. The market has been held up by unsustainable monetary injections from the Private Federal Reserve. This has caused SP500 to essentially be range bound for almost 2 years. It is my opinion, the...
NZD is too strong today it will push this pair more downside.
NASDAQ:AAPL remains a STRONG SELL Analysis Method: Wave Theory & Fibonacci Primary Wave 3 down will begin now. Will update. *See related idea for further analysis. -AB
NYSE:MS is a STRONG SELL. NYSE:MS had a failed 3rd Wave (Didn't travel 100% of Wave 1) Will update. -AB
Look and understand. I don't have much to comment.
Drop started from 3000's and now on 2971. RSI, Parabolic SAR, Moving Average most of the main indicators are supporting the drop. First target will be 2962 and if it breaks that support, next target would be 2939. In case of an upturn in chart, we should check if it can break 2974.
after touching RS key level, the price is going fall to trend SP line. lets see what happens
after touch a hot key level as a support zone, the price is going down to get some fucking pips
Don't miss out on this one! USDCHF is extremely overbought. it's showing a reversal sign on Daily,4H and 1H chart. it's the perfect time to sell right now.