E-MINI S&P MIDCAP is above the all time high but with a big bearish divergence on daily. Meanwhile there is a hidden bullish divergence on monthly. So i'm expecting a correction before a possible strong wave up. If the price breaks the rising trendline it invalidates this setup.
It is abut to make a change quickly to upside.
Major resistance $42, for 7 long years!
Further recover will lead us to the next Fib channel level to the 1.5 mark or failure and continue to fall with all the brexit and other Euro fears. If i see a failure and a break in below the middle yellow BB band will be a major sign things will be falling again.
If this stock can crawl back up and break the neckline, than it should have seen a proper reversal and post some good gains for people who wish to go long on the stock!
$GI, would like to see the 50MA hold on the pullback
Much like the $SPX the bollinger bands are huge here. Widest spread since 2001
It's starting to get exponential. This means more expensive for PBOC to fight against capital outflow. Expecting: - 0.1% NIRP by BOJ will not have an effect on JPY appreciation due to China capital outflows. 6.90 means about 10% and market expects a depreciation in the range of 20%. - further depreciation steps of PBOC likely after unexpected action by BOJ It is...
Alerian MLP Infrastructure Index is a composite of energy infrastructure Master Limited Partnerships (MLPs). The capped, float-adjusted, capitalization-weighted index, whose constituents earn the majority of their cash flow from the transportation, storage, and processing of energy commodities, is disseminated real-time on a price-return basis (AMZI) and on a...
Short below the dynamic support makes sense, lower lows expected.
Here we have the TSX Buyback Index. There has been plenty of talk of how a slowing in economic growth, tempered capital investment (CAPEX) and even a throttled down stimulus backing has been compensated by buybacks. So here is the TSX Buyback Index versus the S&P 500 (emini).
Aussie is forming a bottom here above 0.75 support. Dollar weakness a possible strength in metals could help the Aussie to move higher today.
Breaking uptrend_line, 38.2%, 50 sma. If sustained, support could be found at 540 and 530 level. MACD bearish divergence recorded.
This Chart Short Term Sell * Now Still (Feb) Mountly Ohlc4 under.. * Decision Point : Fibonachi % 0.764 , Price : 47.70 * if Break 47.70 --Go to 45.26 Short Term indikator * RSi :Sell * MACD :Sell * DMi :Sell * Bolinger :Sell