SPX500 mid to longterm SHORT bearish Cypher, longterm resistance In my scenario the SP500 and markets im general might shoot their last fireworks to have a final champagne party on Mario Draghi and the ECB 0% interest rate medication. However the longterm resistance line from May 2015 high is coming southwards, looking to meet our curve around 2080 levels...
August 2015 lows as resistance to USOIL at 39US$ As we all know USOIL mainly reacts to markets' moves, so we will have to see how markets pick up the doom & gloom news from the ECB on monday/tuesday. Technically it clearly is a short, with growing bearish divergence in the H4 between RSI and the curve. Decline is possible down to 34US$ (0.382 Fib support +...
GBPJPY moving on up inside H1 uptrend channel bullish GBPJPY moving on up inside H1 uptrend channel bullish after a deep correction, following the ECB rate decision, mainly due to safehaven flows into JPY.
This could be EURJPY H4 breakout out of Feb downtrend formation