


Well, not sure what's going to happen. I'd say there is a 50/50 % chance which way it goes. It could stay in the symmetrical triangle for a while, or it could break out either to the upside or to the downside. I'm leaning towards the downside, and I have a target of $5000 if that happens. If that doesn't hold, $3000 is the next target. If it breaks to the upside...
Looks like a bottoming pattern. Could be worth to nimble on.
Yes. Just do it. SHORT that bitch. Or wait for the MACD cross and a lower low.
Like the title says, bearish divergence of the breakout from the downward channel. This represents a weaker strength than earlier breakouts. Expecting a retest of the breakout point.
Like the title says, PFPT got some bearish divergence in the RSI. Potential H&S.
SPX (and the other indices) making lower highs and higher lows; representing a fight between bulls and bears. Currently ranging in a no-trading zone, although buying close to the lows and shorting on the highs is a good risk/reward. Trade war, Flattening yield curve, Monetary policy, overvaluations are some of the fears that are causing this - Uncertainty. Very...
Pretty much self-explanatory. Posting it to see how it evolves, because it is so fucking fun to see the bars run in hindsight. Leaning towards short, although not fully convinced yet. June 2016*
BTC is currently consolidating in a symmetrical triangle between ~$8800 and ~$9500. It had a good run and needed a breather. The bullcase is still valid. RSI is trading at 60 and is still showing strength and momentum. The CMF is positive and shows that there is some buying (accumulation) here and that there is momentum upwards. Both the RSI and CMF is ranging...
Coming to the end of the symmetrical triangle. Could go either way. A lot is, of course, depended on things outside the technicals. If we fall below the February lows, then DANGER ZONE. I post this mostly for my own ammusement.
Looks like a Head and Shoulder pattern forming on AGCO. If neckline is broken, and breakout is confirmed, price target will be 165.
Gold is looking mighty good for me long-term. Bear trap might be imminent before the major bull-run.
If you ask me, Gold is looking mighty good here. Bear trap might be imminent before the true bull-run.
Homebuilders have been falling. Only posting this to see how it continues.