Pump Burst! Super Head & Shoulder - Hold futureWhen breaking the blue line, Burst goes against the green resistances, in search of the moon. Hold!
Holding
Litecoin: LTCUSD Still good whilst tracking the dynamic supportLitecoin Update
Still good above the dynamic support line -
needs to clear 286 to add for rally to 309 initially, and higher
once 310 has been broken. A buy off the rising dynamic with
stops under the line - only turns short term negative if
broken, for fall to 263 and, should this level fail, to 245 where
it becomes a buy again with stops below 238.
DXY: Dollar Index Still best back-up for pairs and USDEUR DXY: Dollar Index Fabulous firefight between bulls and bears going on around the parallel. The winners here will win the rest of the day.
BITCOIN:BTCUSD UPdate Rallying from 2010BITCOIN: BTCUSD Bitcoin has found some support - could be the start, but still early to know for sure...but best showing for a while now
NASDAQ Update: Not too bad so far: stops for shortsNasdaq 100: Has held up really well due to Dollar stabilising - please check DXY comments also as this is the lead indicator right now, if there is one. Need to manage these stops now as per comment and keep an eye on all shorts to see how they hold up...Still believe dollar has further to fall, despite this attempt to rally...but it could be enough to derail the Nasdaq short in meantime if not careful...do not want to see Nasdaq above 5610 if a bear, that's for sure.
SIF HOLDING wait for breakoutI will be waiting for a breakout, as I see the 5th wave is coming aswell as divergence in play
Long EthereumA portion of the portfolio has exposure to crypto currencies, both Bitcoin (the most liquid and well known) and Ethereal. In addition to holding cash positions in these currencies, I do like to trade them. The moves are strong and can hold a trend really well. When I'm on the right side of a trade I tend to get a lot of follow through on the trades.
I entered in at .0116 after the break above the recent swing high and added to my position at .0123 on a break above an even higher swing high.
At this point I'm long but sitting on the position as I expect a little pullback and consolidation before taking off again. That being said, these cryptos can rip and as long as you are on the right side, the potential is alway high.
Long and holding, looking for further confirmation of uptrend
BTCUSD Holding False double topi hope not to see too many peopple jumping on this false double top. I bought again on the last kijun bounce.
Bought at $38.30Trading in a narrow range defined by support of 140 million volume day (low $37.62, but real support closer to $37.50). #Sectorbreadth places $XLE at sub-10% bullishness, a point where shopping for long opportunities is often rewarded. KMI is one of the few XLE components holding up and should be one to lead Energy stocks out.
