Us30-short
Us30 Short Idea *updated* 7/22Waiting for a break, retest before entering for a sell!
*This is based off a strategy i am backtesting*
US30/USD Short Swing Trade Opportunity Price Action (Technical Analysis): We are currently at our yearly resistance level and start to speculate price consolidating indicating us that Buyers are decreasing momentum as we anticipate our next move being in a Overbought market, would be our markets distribution phase. Last time price got that high, we saw multiple pushes down. Seller momentum overload, purely Price Action analysis would tell us to short US30 until 24794.
Fundamental Analysis: Knowing this week will be a very important week for all currencies as 20 Nations will come together also putting an end to this trade war, I see price not making as much impulsive moves breaking it's consolidation market until further news is released.
WALL STREET: Crunch time!In this screencast I say that the recent weekly price action in Wall Street is a correction in a bear market. Price has moved into a critical zone and is struggling to stay afloat. This does not mean that it is bound to collapse. It means that price can probably move south.
Major crisis in the next two yearsThere are many many fundamentals pointing out upcomming crisis which I'm lazy to write down here. I'm just gonna leave here this monthly DOW chart. Prize has bounced from EMA 365 in 1974 aswel as in 2008 (Use log chart to see). The question is when. Not if.
Interesting conflict of trends and patterns on Wall StreetIn this video I show what I think is a pattern that creates a greater probability for the south.
I explain more on how I draw my trend lines, which may not be what the gurus teach people to do.
The main feature is a contracting pattern on the 4H which stand to be beaten by the big trend from the Daily.
I'm not saying the pattern will break soon. Price may bounce around more before any real action if it is to happen.
Have a look. Cheers.
US/SPX500 SHORT opportunity!Hello traders! Watch price action. It can form a correction on this level. If the price break the trend line and have a strong impulse down, then it can be a good short opportunity. If touch the trendline and reverse than it may go for a new high. Don't just jump into the trade!!!
Least expected?Least expected now when U.S. indices are higher than ever? What if the new highs are merely a false breakout?
I know this is not my first idea of this market, but I get new ideas as I learn.
SHORT US30Described 3 nice Support and resistance with a clear and simple downtrend line. RSI and Stoch confirm decisions as usual, TP and SL provided
Short ATVII'm short ATVI. Looks like a nice double top formation and falling MACD signals. I'm targeting $28.
SHORT BBBYI'm short BBBY under 48. I expect this to roll over after the massive wick that printed today.
Ryan
DOW US30Market seems to be running out of steam especially without stimulus. Higher rates is no bueno for the market. I don't believe this market is sustainable at these levels without more QE.
