Symmetric Triangle Falling wedgeCBOE Has broken upper trend line of falling wedge and following same pattern as CME NV is high. Appears to be in a long term downtrend but I see bullish components in this chart including break from falling wedge which is bullish Not a recommendationLongby lauraleaPublished 0
Falling WedgesFalling Wedges can be bullish if stock breaks up and out of the falling wedge Found in downtrends, usually in prolonged downtrends and can signal a reversal CME is in the process of breaking out of it's falling wedge Not a recommendation Good luck!by lauraleaUpdated 3
CBOE - Possible Set-upWe played CME last week for a nice play. Could CBOE be next? I do like CME long-term more than CBOE but for short term plays it looks ripe. CBOE ________ @ support @382fib 97.42 @bottom of current uptrend regression channel Below 200ema Stochrsi, macd, ttm setting up for a move higher. 1st Target = .5fib @105 2nd Target = 618fib @113 ____________________________________________ This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice. Good luck, happy trading and stay chill, 2degreez Longby UnknownUnicorn7216011Updated 4
CBOE Education daily chartI just realized something crazy about a week ago. It also kinda makes sense though. If you know about this already than good for you but I haven’t heard people talking much about it so I’m pretty sure that this will be helpful to quite a lot of people. If a bullish ascending triangle creates a false breakout than it becomes a falling wedge (which is a bearish pattern). This might not always be the case but from my understanding, this is what happens most of the time.Educationby abipandaswimPublished 113
Bitcoin and Global sell-offBitcoin have a positive coorelation with CBOE, and this week stocks market in red zone. If this condition continue market fear increase and trigger another global sell-off. We all know that Bitcoin has no central control: no central repository of information, no central management, and no central point of failure. the question is Are global stock market sell-off will sink bitcoin too? by AzrulAzirPublished 4431