Trying to short it again. Arrows are targets.
(1) I asked the question, "Where is the evidence that GBPAUD will continue to bounce up off that trendline?" Of course, higher lows every time it bounced...Yet I was short at two places. Why? This is not an emotional set-up. (2) So, I asked, "What is the bigger picture?" Bearish sentiment and daily bearish set-up....and you can see that the plan is...
4 technical reasons to buy gold (xauusd) around the 900s.
EURGBP... BHAPY pattern.... longed based on weekly chart.
Combining the technicals with the fundamentals for the currency market seems to be easier than stocks for me; for one not looking at BOTH macro and micro-economic data, and auditing balance sheets of thousands of companies, but the task is mainly analyzing political and macroeconomic data and not worrying about the CEO of company X putting his company in the pink...
This is a technical trade using divergence trading methods.
This etf may be called Bear 3X, but it sure moves conservatively in slow movements at these low prices. Since I am short the SPX, I am a buyer of this SPXS etf, which is the inverse of SPY. It is the Direxion Daily S&P 500 Bear 3X S. It is trading at a reasonable price. My analysis of buying SPXS is based on my analysis of shorting the SPY and DOWI. Here are...
Here is the long awaited short for the SPY. I am taking this weekly position based in SPXS, the inverse of the SPX for a bargain; that is, around 15 to 16 dollars. This set-up is related to my analysis on the DOWI. My short sentiment for the SPX is inline with it as well. Some other interesting articles to start a conversation S&P 500: The Perfect Short: ...
The economy may be is slowing "recovering," however, there seems to be cracks in the data to suggest that this "recovery" cannot handle an interest rate hike. In fact, this slow "recvovery" may be the outcries of a looming recession, as other data suggests, such as leading economic indicators and the coincident economic indicators that come out weekly and monthly....
- The words full of a lack of investor support coming out of the CEO's mouth provides a negative sentiment for investors. Macroeconomic Data to Watch Closely on October 31, 2015; Saturday : -- Sat, Oct 31 @ 9:00pm, China's Manufacturing PMI comes out. Expectations are that it reaches 50 over 49.8 previously. If it is not greater than 50, then investors can...
DUST is at monthly resistance and has diverged. not onw t further interested in a rally in DUST. If DUST falls below 33.82, this would further support the case for GOLD and gold miners. Multiple indicators has shown divergence. At this moment, gold bugs only need a catalyst to knock DUST down and for gold (XAUUSD) to break above its ascending triangle. Whether...
I am watching for gold to retrace to 1091.40 for a possible long, buying for a rally upwards based on weekly and monthly trend channel support. This fall back to 1091.40 could take up to 24 hours. I am not saying that it WILL happen, but watching for the possibility to get in at a cheaper price. So, I am watching that level.
Several neutral points to make about the Market Vectors Gold Miners ETF: (1) July's volume has such low interest so far compared to other months; however, the month is not over yet. It could very well end in a hammer or a doji. (2) The momentum of GDX on the MACD shows a potential for double bullish divergence. We can only wait and see. (3) The RSI shows us...
channel... interesting company... fundamentals are there...no dividend though.....good in the long-term (18 months) if stop is not hit.