Bearish Flag is appearing on the charts, there are lot of euro data's in this week, we can sell the break below of the channel for 141 extension as initial targets...
Just Technicals - 1- Lower Top, Lower Bottom 2- Bearish Flag 3 - Near Trailing MA 4 - Can Magnet to 41.90 before Taking Correction
Technicals are showing selloff in crude for the target of $44, and probably for $39
We will see New All Time Highs in Global Markets Very Soon, (FTSE, Nifty are strongest indexes currently) Top 4 Reasons... 1. 60$ oil by June 2. Q E by Major Central Banks 3. Delay in Further Rate Hikes 4. Accumulation on Dips
1. SPX 500 is making new highs as expected earlier, but this is not sustainable, if Central Banks will not give a rate cut or further QE then markets will undo all the gains. 2. My Sell patterns have started to show up in the charts. 3. SPX is making third mountain in weekly charts. 4. Crude is looking to go around $40 and Below. 5. Volume is not showing any...
Crude Oi can rally towards $44 in April, with buying around 35-34, Monthly chart is giving it support around 35 for higher targets...
Crude Oil can rally towards 39.5, with buying around 32.5, Weaker inventories are not effecting it like before, its making higher lows and higher closes on weekly charts and 35 is crucial level for its positive trend.
Gold may Lose All The Gains as it is making reversal patterns already in Daily and Weekly Charts, Also Us Dollar is looking to gain little strength in Technical Charts and if market rally continues, then investors will enter in stocks and free up their capital from Gold which will make further pressure on it.
Reversal Patterns in Daily Charts Around 1.39, Could take retracement of .618 on alt bat pattern on 4 hour chart which is around 1.435, good risk reward ratio...
Crude is forming reversal patterns on daily charts since $31 that might take it to $45, now it has also started to show signs on weekly charts. USD/CAD showing a downtrend now, it has inverse relationship with Crude. Higher then Average volumes on Demand Day after 4 months is also a good indication. Closing above $31 this week will be a good indication.
A Short Analysis on Monthly Chart of S&P500, how it responded to QEs and How it might respond to Interest Rate Hike, 3rd wave also possible...
1. My Reversal patterns in Daily Charts 2. RSI Supporting Up Move Now 3. Will Test The Upper Channel 4. Can go Long from 31.5 for Targets of 41.5, With SL Below 30
1. Nifty is Making My Reversal patterns in Daily chart and can give a sudden upside very soon. 2. It is Near my previous sell targets of 7350 3. Very Good Buy Opportunity on 7440 For the Targets of Over 8350 very soon, even this month.
1. My Go To Sell Patterns in Daily Charts. 2. Near Structure 3. Dollar still looking Strong. 4. RSI still Bearish 5. Looking For Short with SL of 1105, For 1030, 1000
1. Crude Inventory Today 2. Near Structure 3. My Go To Sell Patterns in Hourly Chart. 4. RSI Rejecting Rally in Daily Chart. 5. Us Dollar Looking Strong 6. Markets Also Week 7. Selling For Targets of 31.5
1. Looks Like USDIndex will reach 105 before next interest rate decision. 2. If Markets Crash then Fed might go back to near zero policy in next meeting. which will pressure dollar significantly and may fall afterwards. 3. Head And Shoulders showing up Euro Chart. 4. 3rd wave in USDIndex on Daily chart . 5. RSI wants to test 68 again in USDIndex Chart. 6. Oil...
1. Looking For A Sell in Gold. 2. Near Structure @ 1089. 3. Targets @ 1050, then breakout of channel for 1000, for potential buy. 4. RSI Rejecting Rally in Daily Chart till now. 5. Dollar Might Take More Strength. 6. Keeping Stops Above 1105. 7. Also have eye on GDP Data.
1. Looks Like EUR/USD will reach 1.02 before next interest rate decision. 2. If Markets Crash then Fed might go back to near zero policy in next meeting. which will pressure dollar significantly and euro may rise afterwards. 3. Head And Shoulders showing up. 4. 3rd wave in USDIndex on Daily chart. 5. RSI wants to test 28 again in Euro Chart. 6. Good to Sell on Rise.