5/05/2017 S&P500 AnalysisPrice performs a new test of marked resistance. Watch out for a possible rebound or break.
Rebound
4/05/2017 USDCHF AnalysisPrice has remained bearish, apparently starting to produce a possible rebound in the marked support level.
3/05/2017 GE analysisThere was a strong rebound of the price with a big bull candle that recovered a good part of the fall of the previous days, obtaining in this way that the price approaches again to the support that broke.
2/05/2017 USOIL analysisPrice has kept a downward trend, approaching levels that occurred at the end of March. Watch for a rebound, without ruling out a possible break of this level.
1/05/2017 USD/JPY AnalysisPrice reaches a level where there is an apparent local resistance, expect a possible rebound in this level, but you should be aware of a break.
USDCHF rebound suggests further choppy sideways trading The pair went through a mini roller-coaster Wed's session. Price dipped to 0.9930 in Europe b4 rebounding to session highs of 0.99 68 in NY but only to fall to 0.9929 after announcement of Trump's tax plan.
. Looking at the daily chart, despite dlr's resumption of MT fall fm 2016 6-year peak at 1.0344 after breaking Jan's low at 0.9862 to a 4-month bottom at 0.9814 in Mar, subsequent rise due to broad-based usd rally to as high as 1.0108 in Apr suggests said 3-legged decline has ended as this level was also accompanied by 'bullish convergences' on the daily oscillators. Having said that, dlr's decline to 0.9863
25/03/2017 S&P500 technical analysisThe price has increased rapidly these days, including gaps in that rise, after a clear double bottom at 2325. This has caused the price to approach a resistance that is close to 2400, which being a round number, psychologically influences as the maximum level. Waiting for a rebound in the resistance, may be most likely, but be very pending to break if the rapid rise continues.
USDJPY Short Setup off RetraceUJ seems to be rebounding from the top of bearish channel.
SL set at resistence above 109.8
first TP set at cross of centre line
$DASH - make or break$DASH on the daily chart is making a nice set-up for the possible rebound from the current lows:
- the price reached the edge of the bullish Ichimoku cloud (Lead 2);
- Lagging Span (aka Chikou) hits the Base Line (aka Kijun-sen)
They could provide the support for the price & thus a little rally for us :) hopefully
Let's keep an eye and watch for the entry signal on the shorter time frame charts
Support setup-AUDUSDPrice hitted daily support level. We can expect some rebound in this pair till bearish hourly trend. Then, if price breaks it, we can project it till 61,8 of fibonacci retracement.
Has the Dow Recovered?To me this is pretty simple, the Dow was provided with support by the 50 Moving Average and appreciating, but the Coppock curve is still negative so I would wait till the 20,700 make to buy. Also the ADX Green Line has finally crossed over representing a new trend change. So I would buy until the Trendline resistance.
Possible euro reboundEuro is testing levels, which in the past have concentrated amounts. The volume is not very large, and that is alarming. You can consider buying, but with a small stop loss
Long Options VRX Strrike at $15 I am buying a basic price action trade to cover the move from 15 to 17.60 i give it 2 and a half weeks .. so exp. week 1 feb17
SJCX found the bottomIt seems that Storjcoin X finally found the market bottom as prices rebounded from the last support frontier - Lead 2 ( Senkou span B , red border line of the Kumo cloud) and Lagging span ( Chikou , green line) failed to break the price line.
Time to check daily graphs to seek for the proper entry point :-)
BTCUSD - still room for hope?Ichimoku Lagging Span (Chikou, green line) fell on the price and trying to pierce the Conversion Line (Tenkan Sen, blue line).
At the same time, the price itself is hitting the Lead 1 (Senkou Span A, the green border of the Kumo Cloud).
There is a possibility (more a hope :) that BTCUSDT could find some support at these levels and make a rebound.
Divergence MACD- OILWe have clear divergence at MACD. In addition RSI is overselled. Good price to search a rebound to moving average.
Intrarebound- USDCADTesting some new straregies in little frames. Searching a rebound on that pair till resistance level.
Clear support-EURCHFPrice has stopped bearish movement in a clear support level. Looking for a rebound till resistance level.Then, we would have a possible double-bottom figure.
Has this endless downtrend found its bottom?SIMPLE REBOUND STORY?
Inexpensive stock (P/BV=0.75) bullish consensus (BUY) and 25% target upside.
Has found a gently up-sloping channel since Feb 2016.
Currently trading at the bottom of channel.
Shows technical signs of turnaround.
Has rebounded less than the market.
Seems to have found a floor at $28.
PLAIN VANILLA LONG STRATEGY
Buy at the market.
Target $34.50/share.
Stop-loss $28.00/share.
Reward/Risk = 2x
CREDIT OPTIONS STRATEGY
Buy Dec 16 2016 $31 call = $0.55/share
Sell Dec 16 2016 $27 put = $0.60/share
Credit = $0.05/share
Worst-case: Go long at the low of the up-channel and 8% above the 52w low
(indicative prices, ref. last close)
Take advantage of volatility spike: Sell puts.FUNDAMENTALLY COMPELLING
BUY rated by the consensus
+47% average target upside
Morningstar rating * * * *
TECHNICALLY: COULD BE REBOUNDING SOON?
GG is down 35% since the intermediate top above $20 reached in early July
This is 2.5X more than the consolidation in Gold (-13.74% since July)
Such negative performance has brought a spike in volatility
The stock has also just completed a perfect rounding top
It has also been forming a consolidation base at 12.65
Too early to buy outright, as the direction in Gold needs confirmation
However...
...OPTIONS STRATEGY TO TAKE ADVANTAGE OF VOLATILITY: SELL (SHORT-DATED) OTM PUTS
FOR AGGRESSIVE TRADERS
Sell 16Dec16 $13 put at $0.32/share (indicative) for a yield of 2.38% (54.32% annualized)
FOR MORE RISK AVERSE INVESTORS
Sell 21Apr17 $12 put at $0.79/share (indicative) for a yield of 5.88% (15.11% annualized)
