SwingTrader95

SwingTrader95

AEX SHORT Based on Major Resistance. Last time it broke the Major Resistance (RED) was back in `07. Since then it dropped and had a slow but steady climb back up. If the Major Resistance (RED) gets broken in the next week, expect false breakout and short ones under 576.65 again. Aim for the 1st Target (ORANGE), Support Level at 565.18. Hereafter, continuing down...

SwingTrader95

SLV false breakout or sideways pattern possibility, wait 2 days. This could be a false breakout, making a SHORT possible in the next 2 days, based on the Intermediate Resistance turned Support level at 15.20(BLUE), based on 4 hits. Otherwise it indicates a LONG toward the next resistance level at 15.90(YELLOW), based on a sideways pattern occurring from Feb `18 to...

SwingTrader95

ISHARES SILVER TRUST Possible SHORT over the long-term coming up. Wait for confirmation signal of breakthrough at 14.10 in the short-term. Otherwise, LONG until 14.53 at least when waiting for the reversal. Ones the (YELLOW) trend-line, supporting the LL on 24 May `19 and 02 Jul `19, is broken go SHORT(33%) until the 1st TARGET(RED) is hit at 14.18. Continuing...

SwingTrader95

SPDR Dow Jones Possible SHORT over the longer-term coming up, wait for extra signals. Possible SHORT based on the current resistance at 269.20 that hasn`t been crossed yet. Currently low volume trading, wait for higher volume for confirmation on SHORT. I would suggest SHORT ones 1 TARGET(RED) 262.00 is broken (SHORT33%). 2nd Target (ORANGE) 253.00(SHORT66%). If...

SwingTrader95

RSI and Stochastic suggest a LONG position until trend-line (YELLOW) at 100.00, within a week. Wait for reversal down to trend-line (RED) at 93.30-93.75, Which has been a strong short-term support, proven on 26 Dec `18, 08/20/22 Mar `19, 23/31 May `19. If broken it will find another strong short-term (resistance turned) support (BLUE) at 92.90. This support has...

SwingTrader95

The long-term trend-line only experienced short-term false breakouts in Apr `13 and May `13; and held in Oct `14, Apr `16, Nov `18 and now in Jun `19. 07 Jun `19 to 24 Jun `19 hit resistance 3 times. Waiting to see if short-term trend-line (RED) will be broken or the long-term trend-line (WHITE). Based on ONLY the long-term Trend-line and the current Resistance at...