• The index is on “bear mode” again, as it is doing lower highs/lows in the 1h/D charts, and it is trading below the 21 ema; • It did a technical bullish candlestick yesterday, a Hammer, closing above the 3,818 (gap support). This is a sign of strength; • Despite the bullish reaction, this Hammer wasn’t triggered, and the SPX has to break other key points in order...
My forecasts of seeing more of TESLA’s stock price plummet 📉 have been correct! Since the start of the week, we have seen sharp drops in TESLA’s price. Elon Musk promised not to sell more of his shares, but his word shouldn’t be trusted because he once said such and still sold some of his TESLA shares. All stock indices had a bearish Thursday. TESLA closed at...
We have entered long in Sugar futures. This position is not validated with all the patterns of our TTW system, so the percentage of liquidity assigned to the series of positions is very low. Using our algorithmic trend-following system, Sugar futures are at 3-year highs, with an RSI of 63.57 on the weekly chart, and 65.64 on the monthly chart. The asset has...
• Today, SPX is rejecting yesterday’s bullish reaction; • Today, the index did a Breakaway Gap (blue square, 1h chart), as this gap is breaking the 21 ema, a technical support level. If the SPX doesn’t fill this gap quickly, the bearish sentiment will gain momentum; • In the 1h chart, it dropped to fill a gap at 3,831. Only if the index reacts amazingly well, and...
The technicals give me the signal but if anyone is interested in rate hikes and fundamentals, may be take a slice of advice from Bank of America. © Oliver Levingston Merrill Lynch (Australia) oliverllewellyn.levingston@bofa.com • The RBA will likely deliver a third consecutive 25bp hike next week. A cooler monthly inflation print has investors betting on a lower...
Excited?? January Expiry can end above 19000. As you see in video 18100 to 18245 is our support zone. Blue Trend line is continue going up. At point A, Green Candle is happened... At point B, Green Candle... At Point C, Today, Greeeeeeeeennnnnnnnnn....
Palladium is in a strong downtrend right now. In fact, in the Trend Following Market Trends Barometer , it is the strongest trend with a value of over 70%. We are opening short positions at market price with a very strong risk management metric - as always - aiming to surf the downtrend and lose only 0.5% of our portfolio value if there is a pullback. Our target...
So we have a resurgent US dollar. In this trade, the USDCAD triggered and now, we're waiting for PT 1 Trend following and at the end-of-day adjustments means we can now wait for 24 hours before doing anything.
Following on from the bullish signal in the EURJPY, a few days ago we had a GBPJPY long signal setup. Still waiting for a trigger and also due to the Central Banks this week, I wanted to hold off from publishing it. We have now had the Fed, BoE and ECB, so feel better that this is still pending to go long.
Disclaimer on this is not signal only for documentation looking for retrace after breaking pivot
Disclaimer on this is not signal. purely just for documentation trend following and looking for retrace after breaking pivot
Disclaimer on this is not signal purely just for documentation hidden supply zone found in lower timeframe. this supply zone also located on previous pivot making it perfect location for entry and another odd enhancer also comes from crossing of EMA100 and 200 in 4h and 1w timeframe Good Luck
Huge candle breakout breaking pivot and sideways. Good setup but disclaimer on please DYOR
I am personally short the EURUSD at the start of the London session. If you are looking for a Bullish scenario then maybe follow Credit Suisse who say Support is seen at 1.0510 initially, with the low from Friday and 13-day exponential average at 1.0428/1.0397 ideally holding on a closing basis to keep the immediate risk higher. A close lower can see a deeper...
#Nifty is expected to scrawl up slowly only to retrace its entire gain by the end of week
The yen’s up by nearly 8% against a correcting dollar, and by more than 10% against all the Latam currencies which have been the best FX performers this year. Back in 1998, USD/JPY was halfway through a correction that took it almost back to 100, after rallying from just above 100 to just below 1 150 in1996/1997, and then falling back in 1998/1999. A cynic might...
The CAD is bucking the trend as I have two Aussie trades which show the AUD strengthening. Whereas this trade idea is suggesting the CAD goes lower. Is oil on the way down too? Nothing to do until we get triggered.
Continuation Pattern: - Bearish Pennant MACD turning Bearish In line with EMA bearish trends Continuation pattern Technical indicating strong sell High probability