Falling
AUDUSD SHORTThis pair has been on my radar for a while and I have also been in this trade with 2 positions from where my predictions starts. It is a slow Monday ATM for this chart but i am expecting a breakout of this pair to the downside as price broke resistance but has now falling back into place. This price action has taking longer than expected but still in profit.
PATIENCE IS KEY!!
FALL, FALL, FALL
0.77190 as support but TP at 0.77525 to allow for margin of error.
USD BITCOIN: How to hedge against a falling $ this weekendDXY: Dollar Index The Dollar closed on its lows for the weekend and will likely be sold off heavily if not in Tokyo, in London come Monday. it should fall a further 1.7% from here.
But there could still be an opportunity this weekend to hedge - it depends on Bitcoin breaking above 2460. If it does, it should be worth following. Please see Bitcoin comment also.
Netflix has found a channel and is going to followNASDAQ: NFLX seems to be following a channel between 140.64 - 129.02. Will the trend continue to peak and fall around the 140 mark or will it continue to fall to a lower 130? Personally the stock seems to be healthy but, it is also near its all time high. I would think it would fall for a few more weeks. Go check it out.
How far with the stock market drop?As I see it four possible levels with the use of moving averages, trend lines and fib levels.
First level is at ~17900, next level is between 17558 and 17460, next level is at ~16468 and next level is ~15476. It possibly might go lower if September rate hike is announced.
Good luck.
In any case, with the current strong momentum after a coiling of the price, I see room for most likely case of the second nearest level and strong 200 day MA.