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General

Range Building For Longterm. (GE)✌ You're going to want to play the edges of the expanding range and align the Crossover strategy/ the ema dots at those point of reversal or breakouts. Focus more on the range edge vs the horizontal support and Resistance levels. Either of these breaks should result in a longterm position for play. The green support on the range is very critical and must hold as a long term support level. Tight stoploss for reversals. Best of luck, 🎲🎲 🥇MLT | MAJOR LEAGUE TRADER
NYSE:GE
by UnknownUnicorn2319099
4
$SPY to $264Hello all. Based on my analysis, we have strong resistance along the 45 degree fan angle ((showing up as 60 degree angle on my chart as it does not adjust to my zoom, try clicking zoom out button twice so the bottom diagonal line aligns with first retracement and mar31st bar)) . On top of this, we have seen tests around the $279 and may remain consolidating around that 0.5 Fibonacci area +- $6 (2%). Market really has no reason to be rallying but expect to see slow uptrends with sharp dips (big money cashing out) complemented with higher volume. There is noticeable decreased volume as prices inch higher giving me more reason to believe that this intermediate uptrend is losing steam. If $SPY can solidify a few more closes above these resistance points (especially surpass the 0.62 line) with stronger volume that will ultimately determine whether this is a corrective wave, or impulse wave (5-3-5-3-5). Any increased volume (on down sides) and solid head+shoulders pattern will confirm the downside at least short term.... to $264. I expect this to continue its trend down long term. Divergences: These divergences are not on the graph provided but I want to include them here (you can verify on your charts) - I see Bearish regular divergence on 2H timeframe on the EMA ROC indicator (E1=8)(E2=21) - DMI indicator. Although ADX is above 20, We can see some divergence on DI+ in relation to overall price action suggesting this may not be the specific time to short yet . - MACD. We see a little bit (using 12, 26, signal length 9) of divergence Across the 1H timeframe, but fast wave is crossing slow wave indicating short term bullishness Bullish Case: On clear uptrend, Multiple gap ups need to be filled, MACD fast wave crossing slow wave (1H), and market seems to go up with bad news+good news.... Neutral Case: Losing steam, less volume and more barriers to be broken. Should consolidate here for a few days as bulls/bears fight it out Bearish Case: Increased divergences, losing momentum. More bad news/earnings releases and as of now. Zero cure for COVID with high probability of wave #2 + re-infection rates. Conclusion: Short term, prices consolidate. Possible to go up a little bit more but shouldn't exceed +3% move of from where we are at now (closing prices). Given a few days have passed and a possible X2 top forms accross the 2H timeframe accompanied with increasing volume as we move down (refer to preferred MA), then Bears are winning. If a breakaway gap down occurs, bears should start salivating. Bears should look for strong price action sub-$270. Expect for price consolidation and eventual fall off the cliff with more retracements to come. Hope you enjoyed my first TA on this site, Please like and comment any suggestions or praises as this is my first post and am looking to learn more. Follow to see more!
AMEX:SPYShort
by matteophone
6
General OverviewWe are in the 57th week after a strong rally starts at S&P 500: In these 57 weeks, the S&P 500 index gained about 30.6%. Major commodities other than Natural Gas have taken their share from this value gain. We observe that Japanese Yen positions are starting to increase. There is very little position increase in Euro, we would like to see more. Iron ore was valued more than the S&P 500 index in these 57 weeks, which has seen a big sale today. We observe that the U.S Dollar Index and VIX CBOE Volatility Index remained calm as it should be during this rally. There has not been any obvious position increase yet. But since last week, we watched a VIX movement increase over 6%. The decline in the US 10-year bond yield has supported this rally, but there has not been a significant increase in positions yet. We can understand this by looking at the 10Y T-Note positions. After Looking at other terminals, the situation will be shared. Regards.
OANDA:SPX500USD
by Noldo
Walking the xyz(w)- jungles. #2 I need proof! Do you wish to see some proof too? Walk with the General through the garden of Xyz, and nail every correction ever happened to XRP under the moon... As I explained in the previous idea #1, we can observe exactly 11 waves long correction wave model. This is one of the most widely encountered correction patterns in the crypto market on higher timeframes. This I tell you based on my experience(saw lots of these complex price depressions on the real charts), and Elliot agrees too. Let's make sure that we've counted every important little fractal. Because in order to see the picture the trader's way, we gotta fist know EXACTLY, in what fractal position we're in (relative to the parent trend, parent's parent trend, e.t.c...). I've tried out lots of possible combinations, but only really the 11 waves xyz(w)xyz(w)xyz did the trick, without any hard confrontations against the Elliot's Theory. Where are we headed? What is thy proof, Witcher?! Let's walk with me along these xyz jungles... You will see! -Targets, General? -Not yet, my friend. We have to confirm this root prognosis first. Give me a couple more days, will think of something. Now I'm out of the cigarettes. See you later, then. Gotta doping myself these tense days... The pump is coming... -Bye. ---------------------------------------- Thank you very much for reading and following! I only hope that you've found this quick walk under the moon refreshing and started considering finally longing that, which rarely anyone was brave enough to long for the past 2 years! Wait for the new confirmations and the next articles on XRP in the following days! bb! Moon profits to ya'all!
Long
by orbborisson
2020 Medium Term Global Markets OverviewHi, I have tried to compile the highlights of my new year as a basis for my future trade and ideas. I would gladly present it to everyone. General Markets In general, the S&P 500 index is in a good rally. This rally shows that we are currently globally optimistic. Brent and Crude Oil also seem to have had their share of this rally. Moreover, the movements of US 10-year Bond Yield, EURUSD and Dollar index are also supporting this movement. The Japanese Yen is more stable and relatively downward, but positions are unraveling. These disintegrations may be a clue that a positive trend will be established. We already know that Gold and Japanese Yen movements are highly correlated on the weekly chart. Which may support our Gold argument. The VIX index foreshadows less volatility, but as the index value decreases, the positions also dissolve. This disintegration is not so much now, but as the disintegration increases, the trend return will be a big sign. However, we see that Gold, Silver and Iron Ore do not participate in these movements and are quite discounted. Natural Gas is a less liquid instrument, but there seems to be a significant discount, but the positions have not been sufficiently solved. Should be followed closely. Here, Gold, Silver, Iron Ore and Natural Gas in mind, we go down more specifical layers. Stock Markets If we look at U.S Dollar based changes of various stock exchanges in the same period, we see that most countries' stock markets benefited from the rise of the S&P 500 Index. We observe that Australia, Canada, Turkey, China, Singapore,Japan stock exchanges are discounted. India, Norway, Switzerland, Spain and the Netherlands stock exchanges can also be considered relatively cheap. In addition, we observe that New Zealand, Denmark, Russia, Sweden, South Africa Stock Exchanges benefited more than the rally. Forex and Future Markets When we look at the futures, we can see that the Canadian Dollar, Swiss Franc and Australian Dollar are discounted compared to other currencies and the increase in their positions is maintained. The euro wants more serious increases in positions. When we look at agricultural and metal Futures, COT positions seem to support the increase. But the cheap ones are among them.Especially Platinum is quite cheap. G10 Developed Countries When we look at the currencies and interest rate changes in developed countries, we have nothing to say before. But there is no anomaly between interest and currencies. Here, the Norwegian crown is relatively discounted. The British Pound and the New Zealand Dollar have benefited strongly from the rally. MSCI Emerging Countries When we look at developing countries, interest yields did not increase at a time when the Turkish Lira experienced a big loss. An abnormal situation is observed here. This makes the Turkish Lira even more fragile. India is not yet at such risky levels, but it is worth being careful. Taiwan, Indonesia and Chinese currencies are observed to be cheap. U.S Important Indices When we look at the important US indices, it is observed that these indices perform below S&P: DJI : Dow Jones Industrial Average NYA : NYSE Composite Index HGX : PHLX Housing Sector Index UTY : PHLX Utility Sector Index XNG : NYSE ARCA Natural Gas SPGSCI : S&P Goldman Sachs Commodity Index SPSIOP : S&P Oil and Gas Exploration and Production Select Index GDM : NYSE Arca Gold Miners Index DFI : NYSE Arca Defense Index NWX : NYSE Arca Networking Index XOI : AMEX Oil Index NQNACE : Nasdaq Yewno North America Cannabis Economy Index NOTE : This index is not very well settled, but it is possible to look at the liquid stocks in the field. Cryptocurrency Market When we look at the cryptocurrency market, we observe that Tezos is the rising star. In root Cryptocurrencies, the blockchain data of bitcoin's blockchain shows us that it can move upwards. But this data needs to be a little more powerful. More discounted crypto instruments than Bitcoin: Litecoin , Ethereum , Stellar , BinanceCoin , EOS , Bitcoin Cash and Ripple . However, since these instruments are more fragile, a buy signal should be expected. And if Bitcoin will be on Bull market with the strong Blockchain data, these instruments can be expected to rise further than Bitcoin. But it should be remembered that in case of outside capital or hot money inflow, the first rise will come from the Bitcoin wing. I wish everyone a happy new year,best regards.
OANDA:SPX500USD
by Noldo
GE - Topping OutNot financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. GE has had a good run so far in 2019. I've made enough money in equity on GE that I am ready to move on. I'm going to leave about 20% of my equity in GE but I will be exiting this asset. There are others that I will start following but that doesn't mean I'm done analyzing this. I think there's a correction phase in the works here and we're finding some support well above the 200 hour MA and today above the 50 hour MA. There's a wedge formation that is nearing the apex and there's likelihood that we'll break up. As you can see, we printed bearish divergence back in early February but that may have already played out when it for support at $9.50ish. I have no doubt that you will see prices for GE over $11 this year. Indicators are still looking good which is why I'm keeping 20% in to monitor it. Trade safely friends! Good stop loss for GE would be around $9.50 otherwise I'll let it ride. <3 -CE-
NYSE:GE
by bitdoctor
3
GE Showing More Strength?Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. GE has already blown through my two targets after the earnings call the other day. I sold off half of my position but am holding on the other half. Things are just looking too good right now and it doesn't really look like it's going to stop anytime soon. Trend, momentum, oscillators are all pointing up right now. If we break out of this little wedge we're in, I see no reason why we can't go to $12 or $13. It's hard to believe since GE was sitting under $7 just 6 weeks ago. On track for a 100% gain by the end of Q1.
NYSE:GEEducation
by bitdoctor
Generalized Moving Average Kernels A moving averages is a very simple concept that traders often take for granted and do not consider the inner mechanics of. In a very generalized sense a moving average for the last n periods is something that combines the past n values with unique weightings for each value. The real power of a moving average is in how those weightings are chosen. In a larger sense our choice of weightings is called a "kernel" or an "envelope". So if we consider a simple moving average all the weightings are the same, which means that our calculation equally considers past price action and current price action, this has a flat kernel. A weighted or linear moving average (wma) has a kernel that is shaped like a line and is decreasing as the distance from the current bar increases that takes the form of y = mx+b. This means that the weighting is higher for more recent bars and less for historic bars; increasing the slope (the value "m") of this will make this kernel more sensitive to recent bars than past bars. The exponential moving average (ema) is theoretically just like the wma but with an exponential term, aka y = ax^2 + mx + b. increasing the value of "a" will make the average exponentially more sensitive to recent price action than past bars. These are just 3 examples of the most common kernels. However the choice in kernels can be entirely your choice, and this is what I am presenting to the tradingview community. These methods are rather common in the field of signal processing and hopefully trading sometime soon. Here I have built 3 new kernels for everyone in an indicator I will release soon. 1. The generalized polynomial kernel (blue) Whereas the wma is defined by y = mx + b, the ema by y = ax^2 + mx + b, the generalized polynomial kernel can take in an eighth order polynomial as a kennel function: y = sum (rx ^ i) where i ranges from 0 to 8 and the user has 9 coefficients "r". To make a wma here one just sets the last 6 values of r to zero, or to make an ema the user sets the last 5 values of r to zero. If you are curious what shape your polynomial makes you can just plug it into wolfram or google to see it. This is the blue line on the chart above with all coefficients set to 1 by default. 2. The gaussian kernel (red) This option sets the moving average kernel to a gaussian. The important thing here to consider is where it is centered, and how broad it is. If the width of the gaussian is sufficiently larger than the moving average window size then you will start to approximate a simple moving average, however if the width of the gaussian is incredibly narrow you are basically sampling the bars from however long ago that your gaussian is centered, like creating an offset. If the centering is done closer to the recent bars then there is essentially a smooth drop off in weightings with a negative concavity. This is the red line on the chart. 3. The noise kernel (green) The idea of this one is simple, to just make a random kernel. Any value of the kernel can have a vastly different weight than the neighboring kernels. As tradingview has no random number generator I used a quasi random one that multiplies the unix time with the price and takes the sine function of that. For being totally random it also appears to be useful. This is the green line on the chart. The script for this will be coming soon, I just have to clean it up for everyone. Keep in mind that this indicator is not ready to just apply to the charts, it is designed for people to customize and mess with first. If anyone has any ideas to test with this I am incredibly interested to explore this deeper. I am using this general idea to move onto very interesting and potentially powerful applications, if anyone wants to talk about the technicalities of these please feel free to message me.
DJ:DJIEducation
by mcbw_
1
GE - A rebound for a crumbling companyNot financial advice. Do your own research. The ideas shared are the personal opinions of the BitDoctor team. Oh GE, what are you going to do in 2019? 2018 was probably your worst performing year but while the stock market is crumbling, you seem to be bouncing pretty hard here. Don't get caught with all the green candles and percentage gains. Bear markets are still bear markets. There's heavy resistance coming right up! Short term I see $8.75 as a key resistance point. Next, I will be looking at $10 as some key resistance. If GE is able to push through $10, then I can see $13 and $15 in the future for GE. That is probably more long term, and assuming GE can hold the levels mentioned above, including the not-mentioned $8 barrier that was crossed today. Disclaimer: I currently hold a position in GE but have no plans to make any changes to my position in the next 48 hours.
NYSE:GELong
by bitdoctor
GE / W1 : Weekly chart signals. Trade Validated.NOTE : first, be aware that the signal is a double Taking Profit pattern, which is the weakest possible one ! But regarding the way this asset got sold in a bullish market kind of makes me wonder how deep this could go if this was just for a retracement. Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
NYSE:GELong
by PRO_Indicators
3
GE General Electric Company. Don't be scared!Keep it simple. So this one is fun to chart. I've found a 20 year wedge that has fallen back into play. You can see we broke back into the wedge after a 4 year false breakout.. that's rough. I'm seeing a ton of buy signals on the MONTHLY, but momentum is still bearish, peaking out though soon to be bullish. Ichimoku is still in the bearish zone, turning though. Another note is on the WEEKLY, we have a 4 week squeeze, which has never happened, well, back in 1994 before it went from 7 to its ATH high... I can see it reaching the bottom of the 20 year wedge, well 24 year wedge, because why not? Its done all that work to selloff to stop right above where it NEEDS to go? I've placed my buy zones, and this could be an amazing grab considering the beauty of DIVIDENDS. BE PATIENT, you have already waited 24 years, don't mess up the last year of decent! Happy Trading, Debating and speculating! I want everyone to win!
NYSE:GEShort
by ToddGreen
GE Price targets and possible long term movementsFibonacci and formations worked very well. On the monthly chart I also pointed to the returns from the Fibo supports and resistance. 17.73 (0.618) - Even if it turns, it can continue to move up 20.65 (0.5) - Important and equilibrium point 23.56 (0.382) - Most likely to return The first target is 20.65 but 17.73 is important too. You can sell at here and after price up to resistence buy again. Eventually, this is a resistance The overall trend is in decline. Below, I draw two possible scenarios on the big chart. For the trend change, first the thick blue line must go up. Then 33 resistance. It seems more likely to turn away from resistance and fall back. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** I'm sorry for the impaired expression..Just watch the chart, not what I write. :) PS make sure you give me a like, If you like this analysis .... Two long-term probable scenarios on the monthly chart
NYSE:GELong
by KasaDairesi
[GE] Is It Time For General Electric Bulls to Return?Noticed a Inverse Head and Shoulders pattern looking formation here. The 50 and 200 MAs also looking to converge around the neckline on 4-hr chart. The neckline at $15 seems to be important, it has held support after a sharp bounce from the lows in the '08-'09 crisis. If it can't hold above the neckline, some serious selling could occur unless fundamentals change. Don't have much fundamental basis for a bull view, though. We'll have to wait and see the next ER!
NYSE:GE
by NYFinancials