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Rgmov

NAS100: Daily viewI'm long once again, risk is a drop to 4735 here. We need to see a push above 4906 today to validate bullish momentum, else, we might see a selloff if support doesn't hold. My speculative plan is to go short $SPX if it fails to validate the bullish momentum, and simply close longs in this instrument (and study wether I want to close my equity positions or not, or simply buy protective puts or short calls to weather a decline). The $AAPL drop after the battery news is what sent this instrument down, but it's still holding above the uptrend mode, so it has a chance to rally, but it needs to do it fast. Good luck, Ivan Labrie.
FX:NAS100Long
by IvanLabrie
1
SPX: Short term viewThe market is awaiting the news on Wednesday. I expect the market to remain sideways for the most part, so I'll look to trade each swing in the short term. After FOMC we might have a longer lasting directional move, up or down. For the most part, it's possible to confirm a big uptrend if by the end of October we don't retest the 2100 level. If on the other hand we do, I'll watch price action to time the perfect long entry after the drop. Good luck next week, trade safely. Cheers, Ivan Labrie.
FX:SPX500
by IvanLabrie
ETHEUR: Position trade ideaWe can take a long here at market, and utilize a 25% trailing stop loss. Targets are simply new highs, although we could see a resumption of the weekly uptrend in which case it could go considerably higher. Don't exit longs, simly trail the stop loss up. Kraken does this automatically for you, so that's quite handy. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Long
by IvanLabrie
4
SPX: Daily viewLooking at the daily chart we find a few key points to consider that we can't stress enough. Last Friday saw a low activity day, which closed as an inside day, showing a loss of momentum from the bullish camp. It's possible the burst from the previous session was short lived and we're witneseeing a sideways move before more clear direction emerges, as the market digests the upcoming fundamental events, being the BOJ and FOMC news the most important ones. We can obtain clues from $VIX and other indicators like $BID, $IBB, as well as $USOIL and others, but ultimately, the technicals in the $SPX chart will tell us how to operate. If we don't see 2172.8 hit by the close of the 20th, or sooner, we could expect bears to regain strength, and send the index down once more, to test the origin of the bullish thrust. If buyers don't step in, we might retest lower levels of support, and then, the $DJIA neowave forecast might be back on track, specially if the weekly validation target explained in my chart is met in time. For now, we have to analyze the price action in the short term to navigate these murky and volatile waters, and asess if each support level is holding or not, based on our proprietary methods, Tim West's time at mode, and key hidden levels concepts. I will be trading the short term swings in SPX cfds, whilst holding my equity positions and protecting them with options if need be as I've already explained in my other posts, and I'd reccomend you to do the same. Ultimately, if we break below the 2098.9 key level, a more bearish outlook might pan out, possibly sending the market down strongly, but it's a lower probability occurrence. The bullish scenario, I already explained in my 'The market's a buy' publication, but if this time at mode signal were to fail, the bearish outcome could be drastic. See comments for the chart. My analysis thus, makes me take a neutral stance, and be open to being on both sides, either the bull or bear camp, but with solid evidence backing up each trade, and not a vague argument, or simply an isolated technical pattern in the charts. I'm keeping the bigger picture in mind, and also striving to minimize exposure to market risk in my portfolio. Good luck, stay tuned for more updates. Cheers, Ivan Labrie.
TVC:SPX
by IvanLabrie
5
BTCCNY: UpdateBitcoin's uptrend came to a halt recently, and we've now failed to hit the required level above on time. I'd expect either a triangle or downtrend continuation here, but not a move to the upside. The Bitcoin ETF, GBTC also shows heavy selling, so it might anticipate further downside in BTCCNY, at least until GBTC gets oversold. If long from lower levels, and for the long term, you can wait and buy dips, if long from around these parts it'd be better to stand aside, or be short for now. Risk is a rally to 4153+, so size your trades accordingly. If this is indeed a triangle weaving, shorts aren't too productive and they sit there eating interest for being held, so, again, caution is advised. Let's reasess after we either drop during the weekend, or break back above 4069.39. Good luck, Ivan Labrie.
B
by IvanLabrie
XAUUSD: Tight stop long, but watch RgMov hereIt's possible the gold uptrend has ended, but, we have one last chance to go long here, stop should be below 1297.56. Opportunity is significant on both sides of the trade, so let's give it a shot. We can long with a tight stop at 1297.56, but if we see a new low RgMov low below 757.67 we can instantly flip short, expecting the weekly downtrend signal to pan out. I'd risk a move back above 1340 on the short side, but ideally, I'd enter short on a rally, and not lower. The RgMov trend is up, but a break of this level in the next few days would signal it has shifted down. This would be a big change in gold, since it has been in an uptrend for the whole year. Good luck, Ivan Labrie.
FX:XAUUSD
by IvanLabrie
2
Dow Jones Industrial Average: Terminal pattern spottedWe might be in the presence of a terminal impulse, concluding a larger corrective structure in the Dow Jones. The longer term wave count is incredibly complex and I won't attempt to perform the proper Neowave analysis of it, but, I'd like to point out that the recent juncture appears to be a terminal pattern, which would imply we might see a rapid decline and a 100% retracement of the advance from 2015's low. This is one of the possibilities we have been contemplating while discussing with my mentor, Tim West (who spotted this pattern). It's possible the market remains sideways for a long time, so I wouldn't pass on going long at the bottom of the decline. Most people will probably miss out on that, since they might end up expecting a way larger decline, so, don't go overboard and keep expectations in check. React, don't predict. The post pattern implications are that we must drop in 25-50% of the time the pattern took to form, and that we must cross the wave 2-4 trendline in less time than wave 5 took. I also added a time at mode technique, the range expansion validation target, to give this forecast an additional edge. We need to see 17595 hit within the next 3 weeks to hold shorts, else, we might be in the presence of yet another pullback and further upside continuation, which would put the terminal impulse thesis in question, since time to hit the target is limited. That being said, I'd reccomend keeping a diversified portfolio, and not simply forfeiting all long positions, but, on the contrary, use the sharp declines in many stocks, to go long against solid levels of support like the ones provided by Tim West's 'Key earnings support' indicator, found in his 'Key Hidden Levels' indicator pack. Pairing this tool with the RgMov and CCI indicators we can easily identify swing trading opportunities in individual stocks. I'll hold my SPX shorts, and look to go long for example the Nasdaq 100 CFD in the short term, during pullbacks, but also, long quality individual stocks off key levels of support. Stay tuned for more updates on this forecast. Good luck! Ivan Labrie.
FX:US30Short
by IvanLabrie
2
TLT: Pending monthly shortTLT appears to be extremely toppy here. We can look to short if we see a drop under last month's low during August. If not, we'll have to move the sell stop to August's low. Stop loss is a new all time high plus 1 tick. Good luck! Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
NASDAQ:TLTShort
by IvanLabrie
IBB: Time at mode downtrend failure is a wake up callThe implications are that since IBB failed to hold below 282.68 and drop with the market, we might see a strong risk on move accross the board. We can also examine BID to find it's holding earnings support. These two stocks can tell you a lot about the direction of the broad market, as illustrated by Tim West in his publications. I am net long again, but with an open mind. Until FOMC, I doubt the market falls again, and we might even make a new all time high. Cheers, Ivan Labrie.
NASDAQ:IBBLong
by IvanLabrie