iShares Global Energy ETF - AMEX:IXC This chart and all the others ETF's shared in the below post continue to show major break outs. Its really incredible to see. ✅ Ascending triangle breakout & retest of base ✅ Series of higher lows ✅ Above 200 day SMA ✅ Great Risk Reward set up at 8:1 Garnering some long term exposure to these general indexes is a great way...
Macro Monday 26 Global Index’s Breaking Out As its Christmas Eve I wanted to do an early release for tomorrow and share something positive and Christmassy but at the same time share something of value, so here is a look at some of the major global ETF index’s and how promising they appear towards the end of 2023. A clear sector stands out. Vanguard Total...
Welcome to alt season guys! It's been a pleasure charting throughout this bear market. You'll see why I speculated that this could happen very soon in my recent posts. Anyway, let's get right to a quick and dirty ICX analysis. If this thing can get back above the 530-550 area, there's not much resistance until 736. Based on the market's momentum, I think ICX can...
ICON is on the verge of a bullish break out. It is approaching both the final 1D Resistance and the Lower High of the 1M Channel Down. I am looking to buy on the break out of this level (0.365000). Target: 0.50000.
This ETF has been falling constantly on the weekly chart as it is waiting for its exhaustion stage to retest the 20 or 30 Day WMA. It could possibly reverse all together and starting its bull trend relative to the volume. For the last week or so it has been trapped and seem to be consolidating. I have projected here the paths if the ETF breaks both the $31.79 and...
Finding different weekly support and resistance levels dating back to 2008. I am marking levels that have confirmed the price getting caught in, then when breaking either up or down it will continue that way for a short period of time. Next I will show a daily projection based off of the levels I have found.
Cup & Handle target prices set. 3 different tier levels. I prefer to use Target 2 to liquidate the most at but you choose your risk/reward ratio and go from there.
Looks like we ended the correction, next stop green box.