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ATOS: Selling rallies as lower prices are expectedATOS - Intraday - We look to Sell at 38.73 (stop at 41.72) The medium term bias remains bearish. Trading within a Bearish Channel formation. A move lower has resulted in prices breaking from the previous range and confirmed our bearish expectation. The formation has a measured move target of 30.61. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 38.73, resulting in improved risk/reward. Our profit targets will be 30.60 and 28.00 Resistance: 38.74 / 41.13 / 47.16 Support: 36.40 / 36.00 / 34.62 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
EURONEXT:ATOShort
by Saxo
ridethepig | French Equities into the election and beyond📌 An update to the map for French Equities By now we should have all positioned our portfolios defensively and be sure that in doing so by covering we are ensuring that our opponent will not try a steam roller! Think back to the diagram and follow the flows.... We have a typical position here in which French Equities can be sold actively. Thanks to the economic slowdown, covid and election risk, we can quickly bring about the attack of our targets. Sellers have already completed the difficult part of the move, but we must not go to sleep on the job! For the sake of the discussions here, encourage all those who are trading the moves down in equities to start sharing their charts and views in the comments and we can further the conversation and developments.
TVC:CAC40Short
by ridethepig
4
ridethepig | FTSEMIB📍 This diagram comes after the conversation with @lu1977hk, and is no more imaginative than the positional flows across the global equity board. In Italian Equities the initial offensive targets for sellers come in at 18,466; 17,643 and 16,819 from a "fibs perspective". The connection of further downside in European and Global Equities is more or less the same sort of difficulty all round. Think of this like a composer trying to adapt the pianist to enter into the full orchestra. FTSEMIB shorts are another to add to the basket. French Equities: German Equities: Eurostoxx: The theme appears to be across the board on an epic level, with the whole series of European markets in a downwards move towards support. In reality, however, this manoeuvring shakeout is going to be strategically important from a positioning perspective for when we are loading the lows (we will cover that later in 2021). Thanks as usual for keeping the feedback coming 👍 or 👎
INDEX:FTSEMIBShort
by ridethepig
4
ridethepig | Stoxx 50📌 Eurostoxx 50 is in question here and we have a good illustration of the ABC outpost. The main target 3,489 is still open for a test but a breakdown here will seal it for the year. In a nutshell, this is a chart speculating that we are in the very early days of the "C" leg down. It is the same opening move in play for German Equities, DAX: This leg down in European Equities will be considered painful for the late buyers; the weakness of the real economy is shown via the following charts. Unemployment Claims: US 2's 5's: Sharp speculators are adopting a wait-and-see policy, the fate of the moves in Eurostoxx depends on the range settlement. Sellers breaking through 3,200 will 'protect' the highs and because of the technical damage done, the flows will finally commit towards +/- 2,475. As usual...thanks for keeping the feedback coming 👍 or 👎
EShort
by ridethepig
1
ridethepig | CAC40📌 A short update on French Equities that are also full of dramatic events. The nature of the down cycle came after the infamous leg we played to the topside and began profit taking. How to spot an early discovery of the flows? The diagram clarifies the relationship between the ending of wave 5 and the beginning of the initial 'A' leg with Covid. This change we played with more weight together in DAX which was pinned at the highs. Here is the brief reminder in DAX: Since we know we are in-between an ABC corrective leg the little inner flows can be played however we want because we know we are protected from the powerful macro direction. Targets: 4,200 and 3,600 before anything else is resolved to the topside would be very useful for trading the next cycle up in 2021/2022. Thanks as usual for keeping the feedback coming 👍 or 👎
TVC:CAC40Short
by ridethepig
2
AEX: longer-term it won't end well!Hi traders, The chart shows what I am thinking right now. I was not going to post anymore analyses because I felt they were not appreciated (just by looking at the likes and follows). However, I felt like I needed to share this just to see if I am onto something and not totally crazy. :) I knew this upmove was coming and I am expecting AEX 615 for some time now. You can read this in some previous analyses (check the comments as well) which I have added below this analysis. However, when THE TOP would arrive, was not clear yet (I expected it to come sooner in June/July). With this chart, I shine some light on a very probable date (give it some days deviation) to top this 'man made' market. A little piece wisdom: keep an eye on tech because this market is insane! Even more insane than the year 2000 if you ask me! When the tech stocks 'say' it is over, than it is over... I use my cycles and signal system (which I trade the AEX/FTI with as well) to see when and where this bearmarket move up is done. For the AEX I check ASML and it is still not done. ±365 seems to be the next target to the upside. Enjoy! And please leave a like and/or follow me if you think this content is useful. Also feel free to leave a comment and start a conversation. :) Shalom, Im Disclaimer: think for yourself and search for the truth.
EURONEXT:AEXShort
by ImmanuelKoning
14
AEX: spike low completed! :)Hi traders, This was the mid June spike low! My date was June 13 but I know it often comes a little earlier. Especially when the date falls in the weekend. ;) So this morning at 536,50 I played a long position and just banked at 547. in 2,5 hours time. That is why time is so important, it makes me understand the moves way better and gives a huge edge in trading! Now I am looking for a retrace of some sorts (mind the gap at 556,50 and the downward trendline). Later in June/at the beginning of July, I expect more downward action... Shalom, Im Disclaimer: think for yourself and search the truth!
EURONEXT:FTI1!Long
by ImmanuelKoning
3
AEX: an example of the signalsystem at work!Hi traders, This time I show you signals that came from my system (which I do not show in this chart). The blue ones are signals generated from the system (hard data) while the orange one is based on my own experience/feeling for the market. Not bad and as I have told you, a low will come in mid June. I did not expect the AEX to go this high in the beginning of June, but after my trade got stopped out, I waited for this uptrend to be done because I know, based on my BOTTOM turn dates, we need to see some down action! :) Trade what you see, not what you think! Shalom, Im Disclaimer: as always, think for yourself and search for the truth!
EURONEXT:FTI1!Short
by ImmanuelKoning
AEX: this first bearmarket rally is insane!Hi traders, As you all know, I believe the bearmarket has finally started since February 17 2020. I have been thinking, for a few weeks, about the wave down of July 16 to Augustus 16 and the following wave up to October 12 2007. I really feel we will get a similar kind of follow up in the coming 2-3 years into 2022. Timewise, the top should be very close. Our February 17 to March 18 2020 can be compared to the wave down in 2007. The big difference is that in 2020 we saw a decline of about 246 points while we 'only' went down 82 points in 2007. The strange thing is that 3 x 82 = 246... After the wave down, the market went up for almost 2 months (just 2 tradingdays short). If I count 18 march + almost 2 months, I get to May 14 2020. So somehow, timewise we are 'off' now compared to the move because we are at June 5 2020. Is this a problem? I think not looking at my knowledge of Harmonic patterns ... By the way, June 5 (today) we have a lunar eclipse and full moon . Something special is going to happen soon looking at my bible and looking at the market! June 21 a solar eclipse and to conclude the eclipse period, July 5 a lunar eclipse again… I keep tracking this 'fractal' and also my trading system (monitoring the 60 and 15 minutes charts). When I see the top, I will short it. I wish you all a good weekend and shabbat shalom! Shalom, Im Disclaimer: think for yourself and search the truth!
EURONEXT:FTI1!Short
by ImmanuelKoning
AEX: the (up) trend is your friend!Hi traders, I still remain bearish for June, but we are still in the beginning of the month. I tried one short position that failed and since than I am just analyzing and waiting for a big signal that will accompany my bearish view. For now, a big uptrend is in progress with a few positive reversals already (see the orange lines). These reversals come from the RSI14 and let us calculate a minimum target. We see above a gap at 574,15 that is still open from the downmove of Feb/Mar this year. Maybe that is the final target for now, or maybe not. But mid June for a low and the beginning of July for a low are getting closer and closer each day... Shalom, Im Disclaimer: think for yourself and search for the truth.
EURONEXT:FTI1!Short
by ImmanuelKoning
AEX: the top is near!Hi to my fellow Dutch stockmarket 'liefhebbers' and others from around the world! I have been tracing this Bearish Butterfly for more than a week now. This might very well point to the top of the bearmarket rally from March. A sidenote: Harmonics are valid WHEN THEY ARE VALID... Until that time, it is a pattern that seems to be in progress but proof is always NEEDED! I learned this the hard way. ;) Hard data is what makes money for me in the market, not what I think... I expect a bearish June with a 'nice' bottom in the beginning of July. I have some good cycles pointing to mid June and the beginning of July for bottoms. I won't give exact dates, I learned my lesson from past efforts of sharing knowledge for free. :) Besides the stockmarket, bad things will start to happen very soon in the world. For me 'the sword' (war) is around the corner. Daniel speaks about this as well as Leviticus 26 (the curses). I can testify this: when I started to know Yeshua (Jesus Christ), and begged/prayed for help in my life (in all aspects of it) and I starting reading the bible (I was in so much pain physically and in the end always lost in the market), He was there. He blesses who seek Him and follow Him (believe in Him, testify of Him and keep his Torah, John 14 verses 15/21/23/24). I wrote this for you to think about when you see things happening and have no hope in difficult times ahead. There is hope, always! His name is Yeshua (salvastion)! Questions or comments? Feel free to post them! Shalom, Im Disclaimer: always think for yourself and search for the truth.
EURONEXT:FTI1!Short
by ImmanuelKoning
3
BEWARE OF PULLBACK ON RESISTANCE - CAC40 - 30MNThanks for your likes and shares! Much appreciated! _____________________________________________ The market is in a recovery mood . The actual range can possibility be a good entry for a short direction profitable trade. The upper level can possibly see a nice entry for long direction trade, BUT, beware of pullback because it is a strong resistance line. If pullback happen it will be a even better entry for Short Direction Trade!
EURONEXT:CAC
by Diallo_Charts_Ideas