This will be the 2 questions we will be discussing today
1. So, what is happening on this divergence and its implication?
2. And who is leading who?
a. Large cap leading the mid-to-small cap market? Or
b. The mid-to-small cap leading the large cap market?
The answer: The mid-to-small cap is leading the large cap market and why is it so?
If...
Type : Bullish Rise
Resistance : 2727.9
Pivot: 2612.6
Support : 2564.4
Preferred Case: On the H4, with price moving above the ichimoku indicator and within an ascending channel , we have a bullish bias that price will rise to the pivot at 2612.6 where the pullback resistance is. Once there is upside confirmation that price has broken pivot structure, we would...
Type : Bullish Rise
Resistance : 2727.9
Pivot: 2612.6
Support : 2564.4
Preferred Case: On the H4, with price moving above the ichimoku indicator and within an ascending channel , we have a bullish bias that price will rise to the pivot at 2612.6 where the pullback resistance is. Once there is upside confirmation that price has broken pivot structure, we would...
Type : Bullish Rise
Resistance : 2727.9
Pivot: 2612.6
Support : 2564.4
Preferred Case: On the H4, with price moving above the ichimoku indicator and within an ascending channel , we have a bullish bias that price will rise from the pivot at 2612.6 where the pullback support is to the 1st resistance at 2727.9 in line with swing high resistance and -61.8% fibonacci...
Type : Bullish Rise
Resistance : 2727.9
Pivot: 2612.6
Support : 2564.4
Preferred Case: On the H4, with price moving above the ichimoku indicator and within an ascending channel , we have a bullish bias that price will rise from the pivot at 2612.6 where the pullback support is to the 1st resistance at 2727.9 in line with swing high resistance and -61.8% fibonacci...
Type : Bullish Rise
Resistance : 2727.9
Pivot: 2612.6
Support : 2564.4
Preferred Case: On the H4, with price moving above the ichimoku indicator and within an ascending channel , we have a bullish bias that price will rise from the pivot at 2612.6 where the pullback support is to the 1st resistance at 2727.9 in line with swing high resistance and -61.8% fibonacci...
Type : Bullish Rise
Resistance : 2564.0
Pivot: 2494.8
Support : 2460.9
Preferred Case: On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise to the pivot at 2494.8 where the pullback resistance is. Once there is upside confirmation of price breaking pivot structure, we would expect bullish momentum to carry price...
The EMD Daily time frame is in sideways movement. The market is at the bottom of support. As long as the market holds at support, I am expecting the market to push bullish towards the top of resistance price point 2130.00 about +7,950 ticks away.
A Broadening Wedge Descending brought prices to the valley before ascending right on track to break above the pattern and makes its current ascent to the price target. This formation with a 74% chance break to the upside will net you an 83% chance to reach the price target. If you got in at the valley low then you have done exceedingly well up to this point. I'll...
Trading Signal
Short Position (EP) : 1767.7
Stop Loss (SL) : 1783.2
Take Profit (TP) : 1736.7
Description
EWH2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (1767.7) and place stop after 0.618 level (1783.2). Once the position was hit, place take profit before an agreement (1736.7)
Money Management
Money in...
Trading Signal
Long Position (EP) : 1636.9
Stop Loss (SL) : 1602.9
Take Profit (TP) : 1734.9, 1778.1
Description
EWH2019 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (1636.9) and place stop after 0.618 level (1602.9). Once the position was hit, place take profit before an agreement (1734.9) and 1778.1
Money Management ...
