XLK - the SPDR Tech sector ETF s in firm uptrend both on macro and on micro perspective, and it is the best-looking US sector ETF from the SPDR range. On long term perspective price has broken back into the 5 and 10 year uptrend, trading above upper first standard deviation from 5 and 10 year means respectively On long term perspective price has recently broken...
With USDCAD clearly breaking its downtrend and since then moving strongly to the upside, I will be looking to scalp some of this upward moving momentum. To prove that the downtrend has broken, and a potential uptrend has started price action has broken above the 200 EMA twice. After the first break out price retraced to 50% of the move which is also the previous...
S&P 500 restores 5-year uptrend by breaking above the upper 1st standard deviation from 5-year mean (at 2020), signaling more long term upside probability. One should also note that the August selloff did not trigger the test of the 10-year trend (price did not tag the 10-year uptrend border at 1845), meaning the upward bias is pretty strong on the index.
Health Care SPDR ETF is looking good on long term basis, testing its 5-year uptrend On long term basis - XLV is trading firmly in 10 year uptrend (above 1st upper standard deviation from 10-year mean), but due to the recent August selloff the price is now testing its 5-year uptrend. If the price holds above the fist upper standard deviation from 5-year mean, the...
Consumer Staples SPDR ETF is looking good on both short term and long term basis. On long term basis - XLP trades in both 5 and 10 year uptrend, as the price stands firmly above 1st upper standard deviations from both 5 and 10 year means It has tested its 5-year trend during the august selloff and held it successfully. On short term basis - XLP shows no trends...
Consumer Discretionary SPDR ETF is looking good on both short term and long term basis. On long term basis - XLY trades in both 5 and 10 year uptrend, as the price stands firmly above 1st upper standard deviations from both 5 and 10 year means It has tested its 5-year trend during the august selloff and held it successfully. On short term basis - XLY shows no...
300 is a key level of resistance now as we're heading to test it for the 4th time after the low on 14th January 2015. $BTCUSD currently trading $273 since breaking out from $240 12 days ago. On Oct 6 it traded between $240 and $243 for less than a day before breaking up with good volume. twitter.com Breached $267 fib level and heading towards $280/296 to test...
The price of GBPUSD is correcting, for the moment it reached the trend line. I will be waiting for bullish signals to buy the pound in the areas I've drawn on the chart.
Gold is testing the uptrend's line. Will the price bounce back and head towards 1200 dollars per ounce, or break below and retest 1165 level. I would rather go with a break and a $10 plunge.
Finalizing our Dow Jones overview is Disney - and it is doing it on a positive note! DIS is one the best-looking stock from our Dow Jones overview - on par with Nike and UNH, also Viza. On long term perspective it trades firmly above upper 1st standard deviation from 5 and 10 year means - which means that long term uptrends are well in progress. On short term...
VIZA is looking good both on long term and short term perspective On long term basis price is in firm 5-year uptrend, trending above 1st upper standard deviation from 5- year mean. The stock is traded relatively recently, so there is no way yet to measure its performance against 10-year mean. On short term basis the picture confirms the macro uptrend - slope of...
United Health is one the best-looking stock from our Dow Jones overview - on par with Nike. On long term perspective it trades firmly above upper 1st standard deviation from 5 and 10 year means - which means that long term uptrends are well in progress. On short term basis the long term picture is confirmed by the slope of 1-year mean. The only short term risk...
Travelers is the second best looking stock in our Dow Jones Overviews so far (after Nike) On long term basis it is trading firmly above 10-year uptrend border - 1st standard deviation from 10-year mean (at 87.75) - and did not even tag it during the August market-wide sell-off Price is also currently testing the 5-year uptrend, trading close to its border - the...
Nike is the best-looking stock from our Dow Jones overview so far On long term perspective it trades firmly above upper 1st standard deviation from 5 and 10 year means - which means that long term uptrends are well in progress. On short term basis the long term picture is confirmed by the slope of both 1-year and quarterly means. The august selloff did not...
JPMorgan is testing its macro uptrend, after successfully testing its 10-year uptrend, currently price tires to reestablish its 5-year uptrend. Recently price has bounced up from the 10-year uptrend border, marked by 1st standard deviation from 10-year mean (at 57) Currently price is trading around its 5-year uptrend border, marked by upper 1st st deviation from...
Intel is restoring its long term uptrends. Recently the price broke above 10-year uptrend border, which is marked by the upper 1st standard deviation from 10-year mean. The breakout is aligned with a break of 1-year downtrend (price broke above the lower 1-st standard deviation from 1-year mean) If the upwards impulse continues, price will also likely to revert...
On long term basis, Home depot holds uptrend - price is trading above 1st standard deviations from 5- and 10-year means. On short term basis, price is trading laterally - it is trading within 1st standard deviations from both 1-year and quarterly moving averages. Moreover, current short term lateral range is outlined by the 1st standard deviations from...
USDRUB attempts 2nd time to break its quarterly downtrend, started back in June by breaking below the 1st standard deviation from quarterly mean (66-days) However only the tag of the mean itself (now at 61.05) will declare the end of the uptrend