Market analysis from Herenya

Herenya Broker

SPY short-term trend looks like it's breaking. I'd been targeting $400.00, but it looks like that's not gonna happen any time soon. Time to short?

Herenya Broker

Initially, after reaching the R680.00 target, I'd called short based on trend line break. Then I flipped over to a long... which stopped out. Now it looks like the short was right.

Herenya Broker

Alright boys and girls, let's see if they can pull it off. Big banks vs Meme traders. Round 1! Fight!

Herenya Broker

The breakout of the falling wedge seems to be on track. Target $94.

Herenya Broker

Tight range on the 1 hour chart offering a great risk-reward trade once the range breaks. Wait for the break of the range and trade in the direction of the break. Our bias is bearish.

Herenya Broker

CLS broke a significant resistance level. If it can hold above this resistance, it could be a great long here with a good risk-reward.

Herenya Broker

Nice break and retest of the bull flag. Target R24.00.

Herenya Broker

Kumba looking like it's set up nicely for a pullback. With the strengthening DXY as a tailwind, weaker commodities could lead KIO lower.

Herenya Broker

Nice little consolidation on the 1 hour busy breaking out here. Wait for the close.

Herenya Broker

Interesting to see this historic range holding... no real high probability setup here just yet though.

Herenya Broker

Nice falling wedge here on DXY.

Herenya Broker

The good setups take a while to play out... Brent crude oil looking solid for the $60 target.

Herenya Broker

Up, up and away! Proper bull flag break. Wait for the daily close before getting involved.

Herenya Broker

Sometimes trades take a long time to play out. This one is going really well. With some luck, it'll trade through the target tomorrow.

Herenya Broker

Watch the gold stocks... they might pump a little from here.

Herenya Broker

The FED sent out some free money again... which is bullish for everything. Probably most bullish for Bitcoin though to be honest... but equities will do well also I think. Wait for the consolidation to break.

Herenya Broker

Once again, history rhymes... if we see a similar move as 4 years ago, ETH could be a proper winner.

Herenya Broker

Patterns repeat themselves...