The indexes for the last few weeks have had big drops, possibly we are talking about a crash of the global economy to give this analysis, but it is very likely. The increase of #XAUUSD (store of value par excellence) increases those possibilities!
Aurora Cannabis is now trading on the NYSE under ACB NYSE:ACB TSX:ACB NASDAQ:CRON TSX:CRON NASDAQ:TLRY NYSE:CGC
For many conspiracy theorists familiar with the cover of an edition of The Economist from 1988, the 10/10/2018 is significant for being the date when a new world currency will be ushered in. It seems instead the date that traditional stock markets come tumbling down, with DJI down 1,300 points over the past two days and many other stocks following suit. China's...
GBPCHF POTENTIAL LONG 1D Chart: *in the previous day buyers had showed us very strong interest in this pair *GBPCHF attemted to make a new low but was a fakeout caused by the buyers with STRONG momentum, showing strong INTEREST *wait for a weak pull back down into structure around 1.2600 area for more precise and better entry -remember we never just want...
Guys I believe that we've got a probable trade on GJ. I've entered around 146.888 , I believe that we could potentially see prices shoot down to lows of 144.500/143.000 . I'm expecting some turbulence around the 146.000 Zone , however if we shoot pass this region. We could potentially see +200 pips on this trade. Let's wait and see! TP: 144.500/143.000
The markets are changing and oil is looking weak with this strength in the dollar as of late, so be prepeared for this. My overly bearish view on oil is the retest of the lows USDWTI @26.06 and lower @22.00.
ASX:MGG ascending triangle break out Target $1.9750. Stop loss: $1.650 A break below $1.60 will invalidate this bullish view.
New week, updated the dashboard. Swapped out Commodities and Emerging Markets for Dow Futures and Eurodollar futures. Bonds and Notes looking bullish here, the biggest surprise to everything and everyone would be a bond price rally (rates dropping). Everyone is expecting rate hikes, like nearly 100% Will generate a trade idea this week for bonds or notes....
Uranium 2019 Long -huge 2017 accumulation -in accumulation zone -in 1/1 gann fan area
Friends, as we can see here, the dollar index has been trading in an ascending range for some time now. This range is becoming tighter, narrower. At some point a break of either trend line will occur and the result is likely to be a long and very profitable move! Stay tuned
My posts are going to continue to be really simple because I believe in fundamentals and I believe in the long term. My first chart shows how no change happens if we simply recover by the end of the year. The chart won't change much if we go into a full on downtrend and lose even more market cap as well. Some people will continue to hold and some people will...
GDOW Global Dow (USD) Step Up The Dow Global has made a similar pattern to the Dow itself with a double bottom at 2970, the second bottom picking up the longer term parallel. Since then it's got itself trapped within the same triangle formation we see on the Dow, still using the lower parallel as ultimate support on down-side tests.Whilst it continues to do so...
Surprised nobody has pushed for this idea already. Programming languages usually have a means to pass global data from one module (in our case an indicator) to another. Pinescript has a hint of this when we can write a script that allows one input statement that can pull the plotted series from another script in the same chart. i.e. a script that contains : x =...
There is a three-wave correction. We are in wave A, as it can be seen five-wave movement. Wave A5 can finish in zone of strong resistance 5000-6000. Going to this zone will also serve as a confirmation of the five-wave movement of wave A. For wave C, the strong resistance zone will be 2000-6000. More accurate figures will be seen in the course of the wave motion.
China wants to be #1 and so does $BABA.
Global Dow: GDOW Limit Down Across the World The pattern here is similar to GOOG (without the double tops) and shows how all major market indices have fallen under the spell of the high-tech mantra. What's good for Google is good for the world, well, world markets anyway. Critical support for this index lies at 2967. The low so far is 2276 today. Come what...