Comments on the chart. I will reconsider if 115 is taken out in an impulsive fashion
Comments on the chart. Summary: Still bearish but giving the market to move to the upside before the resumption if the downside
Fundamentally, all is not well with the global economy. There is a belief that more bad news is still on the way. The stock markets are sometimes way ahead of the printing of such news. If you can nail the turn downwards as per the channel on the chart it could prove very profitable quickly
Last Friday was a massive upday in the stock indices. Then right out of the gates the was an upside gap on the charts. As I am bearish on the indices after a retracement upward the thought has occurred to me that this gap has a potential to get filled. There is indicator divergence as shown on the chart. So watch this space. I am watching this closely and trying a...
Observations on the chart. Perhaps sell the retest and failure of the nexkline. Of course it can keep on going too
Observation on the chart. Note this move is atarting to get oversold and there is some room for retracement. On the whole though I am now bearish
Comments on the chart
comments on the chart. Please note a proper technical double top pattern is only confirmed when the 4100 area is broken to the downside. But we are speculators and if you, like me, have another reason to test this then go for it otherwise wait for the break
... after the failed downmove. Comments on the chart
Comments on the chart. Possible long after a retracement
Comments on the chart. Long after a breakout
Comments on the chart. Try and get in as close as possible to the invalidation point to reduce risk