We have a fib setup from about 1.2000 to 1.3700. I'm reluctant to say it will go all the way to 1.4700 as it retraced between 50-60%. The 1.4700-1.4800 level is a high from 2012 that should provide some price resistance though.
Make sure to pay attention to the Volume as well when you consider buying. There is no reversal Candle in sight so far and the preview Earning showed strong increase to the stock. It's a potential long buy too.
S&P recently hit the 1.618 fib level that started back in 2009. This same level is also inverse of the 1.27 from a prior move, that started in 2007, making this a key price level. holding true, then our next target level will be just slightly above 2100. this is definitely a long term move as you can see this has already taken a few years to build up.
If we...
we have a nive run up since Q3 of last year, with 38% retracement during Q1 this year. Once price broke above it's high of 575 or so, we should look at the price to move up to the 1.618 extension. I don't like price gaps, but they're part of everyday life in equities. If the market drops $20 or so, look for a little more slide to follow, to fill in the recent...
I believe we are at a very sensitive time in Bitcoin judging from its current price. This 430-440 handle is a main trading spot for a lot of BItcoin's big hands which can be seen from previous times on the blue dotted line. The Red Triangle represents another sensitive trigger point in my opinion.
The Call: IF either side of this triangle is violated I see...
With an eye towards symmetry, harmonics and scale how about this very-long-term outlook for SPX.
If what I think is wave 4 (starting now) bottoms around 1700 and a new advance begins we might see the top at around 2340 by around the end of 2016. Of course you can all send me a winning lottery ticket if it happens. < :-)
What's on your mind?
All roads seem to be pointing to buy limit orders @ 1.4990 - 1.960. Price will likely head towards 1.5300 and turn back for the trend line and consolidate there for a bit and continue its long term rally. 1.4990 region is also a past lvl of support + 50% retracement + trendline, can anybody say confluence?
There is also an intraday short setup here as well. Price...
FCS has been pinching since July 2011.
Though I wouldn't recommend any day trading, I'll be interested to see if it can break out of the trend and bring back the bull. Please excuse the poor zoom.
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This is my chart on for a LONG on the A/N on the monthly Demand Zone. Long Term Trade.
Price has already fallen and touched the TriggerLine @ 1.0700 which I missed. But to enter at this point is still a good entry.
This Demand Zone has held for almost 20 years now. This is a good trade for Long Term to hold for a year plus.
Demand Zone...
If the investors have more attention of emerging market and expectation that the principal market to impulse the economy are the finance. Credicorp is an better option to enter of this market to long term.
