I have already uploaded this idea two days back for buying for ADP. Now it's going up as exactly what i thought about. Next week market is slightly bullish to range bound. So it will probably work as i thought. ADP(US) seems started C wav up after flat B wave. A wave can be seen clear 5 wave from bottom. Buy at 137 level with stops below 133.10 and target zone...
COF (US) is in downtrend and 5th wave is in progress. Sell with stops above 62.94 for target below 40 level.
3I group (London) is within triangle as B wave down & weaker stock compared to FTSE 100. Sell below 715 level only when breaking down the stock & keep stops above 755 for target below 530.
Thyssenkrupp AG (TKA - DAX) is in downtrend. The 5th wave down shown in chart is in progress. Sell below 5.34 after breaking down that level with stops above 5.75 for new low as target. It is much under-performer to DAX index.
I posted this trade setup, but it's not coming down to entry price and gone straight up and again consolidated. It's very obvious that its make a new high with earning data. If entry taken then stay & if not then do nothing with now. AMZN (US) seems in final move up of 3rd wave. It looks in internal wave 5 of wave 3 up. Buy for one more up move at 2310-40 with...
EBIX (US) is in downtrend and under performing the US index (nasdaq). After huge downfall it makes triangle which also broken down. Sell with stops above 18.18 for bigger target.
Yesterday i mentioned this idea as no brainer buy for 15 min time frame, as it's all time high stock and clearly out-performer than US index. It's already moved up towards new high. Now no entry there. But if you took entry on last trading day then stay in the trade. Yesterday's stock idea before market open : QLYS (US) is at all time high stock. Buy for one...
BAE Systems (London) seems started C down followed by A-5 down & started under-performing the FTSE100 index. Sell it near 525-40 with stops above 563 for downside target C wave below A wave low. To get trade wait may be for tomorrow to get the desired level shown in box. I feel it's already made a 1 of C down and now take a day or so to make 2 wave corrective, so...
PNC (US) looks completed its 4th wave triangle after bigger fall with time correction. It also looks like its triangle over & now ready to move down to new low. Sell with stops above 104.20 for target below 80. It is under-performer to SPX index. It's already made a 1st & 2nd wave of 5th wave down. Good sell trade with small stops verses bigger target area.
USD/MXN (USDMXN) is in ABC flat pattern after Impulse up move, which trying to correct it. B wave was in triangle. Wave C down already started down and briefly broken down the triangle. As a confirmatory move, the price should be moved down faster. Let’s see how charts unfold.
EUR/USD (EURUSD) is in complex corrective pattern WXY as shown in chart. Price is going up in Y wave. The direction is shown as upward direction in y internal wave of Y wave, which also progresses in complex formation.
US Dollar (DXY) is in complex corrective pattern WXY as shown in chart. Price is going down in Y wave, which again made up of wxy internal wave counts. The direction is shown as downward direction in y internal wave. Let’s watch it closely that how price will unfold.
IBEX index from europe also weaker index than other global indices. It is in bigger WXY pattern in which Y wave is in progres, It completed A and B wave and C wave is in progress. now 3rd of C wave down will start anytime soon. X wave was almost flat so C of Y will be faster down expected.
IT40 - Italy index is under-performer index among all major markets. It's in C wave down after flat B complex time taking wave. 2nd wave of C down is in progress and may end anytime soon to go down in 3rd sharper down cycle.
SGX NIFTY futures is making ABC wave correction pattern. B is flat and C wave is already started moving down in 3rd wave. It should be faster down once B wave consolidation broken down.
NIKKEI futures current contract is making ABC flat corrective pattern. B is about to over and C wave will start soon.
WPP PLC (WPP - LSE) is in 5th wave of C down in Daily time frame. 4th wave was complex, which was already over and 5th down started with high volume. Wave 1 was taken support on trend line & horizontal support line. Once it broken, the price will down faster, which is confirmation of this trade. It is also under-performer to the FTSE 100 index.
Intercontinental Hotels Group (IHG - LSE) is in WXY complex correction pattern from last bottom upside. Wave W is over having internal B wave as triangle, which resulted in quick reversal after it ended. X wave will made of ABC. B will end soon and starts C down for X wave.