Watch the lines for a place to jump in.
Watch the lines for a place to jump in.
Watch the lines for a place to jump in on this downtrend of the Equity/Crude ratio.
Watch the lines for a place to jump in on this downtrend of the Equity/Crude ratio.
This is the perfect chart for shorting the S&P 500/Silver ratio strategy. Watch the lines. This ratio looks like it is about to drop.
BCEI may have completed an ending diagonal at the end of wave C of a zig-zag correction. This could send the pair on a rally toward its price target at around $9. In addition to the wave count, the current level is confluent between .618A=C, 1.786i=v, and iii=v which are all important levels to watch for support and resistance, especially toward the end of the...
AAPL has completed a five wave impulse and has been in a pullback since February 2015. Since wave-(A) was a three wave move followed by a pro-regressive 3-wave (B) rally, we can expect wave-(C) to be counted as five waves in a 3-3-5 flat. At this juncture, it is difficult to predict how deep price will consolidate after wave-3-of-(C) completion, but we will...
SPY not showing strength . Bearish Gartley has completed. Any run ups into the 1.618 extension should be sold. This will still be valid Gartley territory. Divergence on the RSI On Balance Volume has not been able to make up volume lost from last week and has broken it's short term trend line. MACD crossover and short term momentum has swung to the downside.
We are now in unfamiliar territory. The MACD technical indicator Moving averages has crossed over above 120 points 22 times since 2003. Of those, 22 times, 19 of them led to at least a mild pullback within a month. 3 times it moved sideways or down where no money could have been made at all within one month. The MACD has crossed over 200 points 6 times...