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Pricetrend

On-Balance Volume | How to Anticipate Trend Reverse?Hello, dear subscribers! Today we have a very useful information about the potential trend reverse anticipation and trend's strength measurement. On-balance volume (OBV) is one of the most powerful indicator for these purposes. The rising OBV means that the bulls control the market, falling OBV means the bearish pressure, OBV on the sideways means the equal strength of the bulls and bears. Here are 9 combinations of the price action and the OBV which can help you to forecast the future trend. 1.Price Uptrend + OBV Uptrend It means that the uptrend is strong and confirmed by the volume. There is a high probability of the uptrend continuation. 2.Price Uptrend + OBV Sideways The uptrend is not so strong as in the previous point, but bears are not so strong to reverse it. 3.Price Uptrend + OBV Downtrend There is a sign of the potential reverse to the downtrend, be careful. 4.Price Downtrend + OBV Uptrend There is a sign of the potential price trend reverse from downtrend to uptrend. 5.Price Downtrend + OBV Sideways Here is the sign of weakness of the uptrend, but the bulls still have not enough power to reverse the trend. 6.Price Downtrend + OBV Downtrend It means that the downtrend is strong and there is no potential reverse anticipated. 7.Price Sideways + OBV Uptrend Bulls accumulates the power to reverse the sideways to the uptrend. This is the bullish sign. 8.Price Sideways + OBV Sideways This is indefinite situation. Trade execution is not recommended. 9.Price Sideways + OBV Downtrend Here is the sign of the potential downtrend beginning. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Education
by Skyrexio
3
BTC_second scenario_which is very logicThe second scenario is very logical In fact, the 19,850 resistance was broken without a price correction, and of course, in a short period of time, it seems that the price above 20,000 is not reasonable in this situation, and in fact it is trapped in this range, if this is the case, this high price range 20,000 will be maintained until the end of January, after which the real price correction will take place . It is expected that based on the support and resistance ranges that are fully aligned with the Fibonacci main lines, this price correction will start first. Up to the support level of 16,000 and then a small uptrend to the resistance range of 19,850, then again a downward correction to the support range of 14,000. If the support range of 14,000 is broken, it is likely to fall to the support range. 12,000 will continue, and finally, after completing the head and shoulder pattern, we will expect a strong climb to 30,000.
by Paydar
SPDW: Another SPDR ETF to add to your long-term portfolioSPDW: Another SPDR ETF to add to your long-term portfolios. Just a reminder: the IRS is allowing contributions until July 15th to your retirement accounts! So, if you have a couple thousand, I strongly recommend taking advantage of opening a Roth IRA. Remember it is never too late to start saving! Another addition I have made to my portfolio is $SPDW. The SPDR Portfolio Developed World ex-US ETF is an excellent way to diversify your holdings to the global market without adding additional exposure to the US Markets. Additionally, $SPDW offers a 3.64% Distribution Yield (TTM) (30 Day SEC yield of 2.84%) without the risks that are commonly attributed to emerging market funds. The fund consists of well-known global corporations; $NESN (Nestle) 1.69%, $ROG (Roche) 1.40%, SMSN (Samsung) 1.26%, $NOVN (Novartis) 1.23%, $SAP (SAP) 0.81%, and $AZN (AstraZeneca) 0.80%. FactSet analysts give the ETF a “A” rating and XTF a 9.4 out of 10.0. The expense ratio of the ETF is miniscule at 0.04%. $SPDW appears to have stabilized from March lows but is still trading below its February highs. It would appear that this fund hasn’t fully recovered but is still an excellent choice for a long-term buy. Long 150 Shares SPDW.
AMEX:SPDWLong
by luminaryfi
1
Rising Wedge Reversal (1M plot) /GME stock expected to tank HARDGiven everything we know about this business and the news of horrible quarterly results over the past year and a half, Gamestop is one bad quarter away from total bankruptcy. Let's take a look at we have going forward on the 1 month chart data: Falling volume, momentary rise in price these past couple weeks, converging trend lines all signaling a bearish breakout in the short term in classic rising wedge formation. Add to that the MACD approaching zero line crossover, falling RSI, and market indecision on Ichimoku cloud with a bearish lean according to Base Line (Kijun) crossing above Conversion line (Tenkan) & Lagging Span (Chikou) used as filtering despite price hovering within Kumo cloud. Fib-EMAs also showing strong likelihood of a breakout & maintenance of this trend in the short term. Stay tuned from now until early January 2020 for breakout.
NYSE:GMEShort
by tghafoor
9