Rebound
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.
$DASH - make or break$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
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.
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.