SP500 successfully broke down the neckline of the head and shoulder pattern. Bear is here. Short is or not depend on you, I would not do so, waiting for enter SPY when the SP500 drop more 20%.
Current price of silver in critical support, we believe it will rebound to more higher level, can enter a long position.
Believe the correction wave will end around 161.85, 50% rally is an opportunity to seize.
are you prepared to catch the falling knife?? Time to have some fun! Hoot 9 E!!
Continuous symmetrical triangle pattern, expect uptrend will continue strong.
The drop is too sharp, expect rebound to 0.382 area. You may enter a short position there, SL can put slightly above 0.5 area and TP 150 pips. if didn't touch the entry point and drop, then don't trade.
SPX trying to form head and shoulder patterns, and it broke down from the pitchfork and tested twice support turned resistance area. Do be careful when you try to trade or invest in the stock market in this area, the uptrend might be over. Silent bear is coming.
we believe the momentum will continue, catch and run
Current resistance has been tested fourth time since 2000, which formed inverted head and shoulder in the weekly chart. Do be careful when you trade in this area, you should wait for break up or rejection from the current resistance area. On my view, the resistance remains strong as JXY at the overall low since 2008.
FBMKLCI is currently located at critical resistance which has been tested multiple times. As the global market being good recently, we do believe the bursa market will come through a super bull run in the recent future. If broken down the trend line will easily drop to 1480.
As the war is going to cool down, we believe that there will be a mini last rally by following the arc. We believe that the Gold price could easily break the R1 and followed by a breakdown from the arc to 1800.
Forming double top, break below neckline continue to short, if not, believe it will rebound at least 50%.