Usindex
BTC Vs DJI: Looking interestingComparing these two we can see great resemblance :)
DJI is monthly and BTC is daily and as we all know that coins move much faster so nothing special here :)
I am expecting a major correction on DJI similar to what we have seen on BTC in last few months but as we can see this will take 1-2 years :)
Hope it will be interesting for you guys.
Any comments will be welcome :)
US INDEX - GLOBAL FORECAST 2018 (updated)Hello Traders!
Accurately suppose, that the "Flat" model and Bull's "Cumulation Balance", will be on US index the whole 2018 year.
So... Based on intermarket correlation, it gives the opportunity for downtrend on EURUSD, GBPUSD, AUDUSD, NZDUSD and uptrend for USDJPY, USDCAD, USDCHF .
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US INDEX - GLOBAL FORECAST 2018Hello Traders!
Accurately suppose, that the "Flat" model and Bull's "Cumulation Balance", will be on US index the whole 2018 year.
So... Based on intermarket correlation, it gives the opportunity for downtrend on EURUSD, GBPUSD, AUDUSD, NZDUSD and uptrend for USDJPY, USDCAD,USDCHF.
Best regards, team traders ''Powerful Traders".
Usdindex perfect head and shoulder pattern If dollar break neckline then conform its make
head and shoulder pattern and its going to
our Expected targed .
Dollar and eurusd in positive correlation and
eurusd also make Head and shoulder pattern ,
yOU also check our eurusd ideas
trade with care and good luck
positive correlation with euro
Asad Ullah Jass
Dollar Under the past weeks I've been posting a dollar reversal scenario, this week we are closer to that output. EUR/USD broke a 6 month support uptrend on late September. Oscilators on 1W chart were showing enough strengh to break support line and it happend. It rallied and found support at August Peak defore correcting.
On this week a Head & Shoulders pattern was brought out into the light. Although a reversal is not yet confirmed until price manages to break neckline at 1.168. Signs of reversal are already piling up:
6 Month Support Broken late September
Rally to August Peak
Inverted Head & Shoulder pattern showed up this week
Inverted hammer candle on Friday 13th
Economic Data support a stronger dollar: ISM, PMI, ADP NFP, Jobless Claims, Unemployment Rate, PPI
There are enough signs at this stage that support a US Dollar reversal. However time will tell if this is just a false breakout which leads to further deterioration, or a neckline breakout is confirmed. Fed Interest Rates are strongly driving dollar sentiment, along with NK tensions.
For more analysis visit www.investing.com
Dow Jones (US Stock Index) Daily Update *More BearDid you follow our previous analysis? It has hit our TP1 level.
The market will very likely to go lower, it shall go to 21850 level and eventually to 21520.
I am expecting a decent correction is about to take place.
I am standing with SELL now. Please relax. It is only the beginning.
Trade Safe,
s0nic
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because im not monitoring this chart all time.
SP500 : Intermediate Bull Target of 2435. I believe that we may do pullback on daily or weekly chart but the bull is still intact for next 1 or 2 months as we have structural breakout from Consolidation and we are in midway of impulse (5th wave).
My First target would be around 2435
you can take entry at next pullback around 2240 and target the 200 points up
SL can be whichever is affordable according your money management
Happy Trading