The_Cannalyst

The_Cannalyst Updated 

Possible LongtermTarget: 21.250 What can we see? In the long run, we see a huge bullmarket since 03/2009. Since 08/2015 the market consolidates very volatile. The consolidation range reached from 15.400-18.000. The last bottom test earlier this year, formed a clear double bottom - the result was an exploding market which skyrocketed round about 2.700 Points!...

The_Cannalyst

let`s wait and see... Former analysis: GBPUSD: WEDGE! I know, after that political shock it is not really serious to analyse that pair., but one follower asked me to Analyse it...so here we go....... I see a bearish flag: tp1 could be 1.27 tp2 would be 1.25, but thats really hard to believe that the pair will reach that Niveau the next days! The Minimum...

The_Cannalyst

the upmove after the brexit-shock´s digest still is in full swing. - prices above 106.35 perhaps will initiate the next cyclical upswing --> Tp 107.35 - prices below 105 will weaken the long-momentum in this timeframe ps on the downside as always the three fibos

The_Cannalyst Updated 

Let`s see how far the brexit-consolidation will reach...interesting resistance and potential turnaround levels are the illustrated fibos @ 1.11067/1.11674/1.12280

The_Cannalyst Updated 

What do my tired eyes see?? Isn`t it a big bottom pattern in form of an exemplary H&S? The RSI signs, that there is still a bit air on the downside. A dip back to the 38,2 fibo @ 41,92$ would be great. A dip to the 0,5 fibo normal and a dip to the 61,8 maximal. If this level would be bought, a H&S is being formed. Prices above the neckline could interpreted as a...

The_Cannalyst Updated 

Prices above 105 generate a TP @ 106.20 Theup trend weakens with Prices below 103.86

The_Cannalyst Updated 

YUM Brands reached the in my former Analysis mentioned TP1 (86$) . With Prices above 86$, TP2 (96$) can be aimed...let`s rock! Former Analysis: YUM BRANDS Falsebreakout- targets. 86/ 96$ Yesterday we saw a classical false breakout, a bull trap. The shortterm Support @ 79.10 was a intraday fight. First it seemed, that the Support zone would turn into a...

The_Cannalyst Updated 

interesting pattern.... will we see a shortterm breakout up to 1.1167? Or will the resistance between 1.1112-1.1128 sold again? in my Chart i have illustrated both thinkable positions

The_Cannalyst Updated 

Dax is trading near it`s upperedge of the blue counted uptrend. Perhaps at that Level Dax will make a Little break on it`s main way up to 10.400 The microstructure seems to be a bit stressed out....several candles out of the BB`s! Typical would be a retest of the flags breakout Niveau - here the orange arrow..dip to the min. fibo @ 10.022. The Region between...

The_Cannalyst Updated 

Prices above 10.010 will cause the next buying wave. Prices below 9.910 will break the uptrend with possible TPs: 9800/9738/ 9654/9571

The_Cannalyst

Is this a bottom?

The_Cannalyst Updated 

The Moving averages 90 & 50 crossed eachother in the longterm chart and generated a possible sell signal in the S & P 500 for the first time since the financial crisis . The last time that happened, the S&P 500 crashed massively. Is that Szenario a blueprint for opening a shortposition? Although the the SMAs crossed eachother, something is different to the...

The_Cannalyst Updated 

The market reached a Pivot action point! We are trading near the normal correction Level, the fibo 0,5. Here a Turnaround is always possible. If the actual Level will be bought, a shortterm upswing can be exspected - a double bottom will appear. Trading below 14.850 instead will accelerate the down-momentum. Former Analysis:NIKKEI caught in the DownTrend ...

The_Cannalyst Updated 

Buy - Sell? Good question , no matter how you decide, fact is, that we now are trading near a clear action Point: The three times tested support level @ ~ 130$ 2 Trades are thinkable: Buy the support @ 130 --> exspected TPs: 149 / 165 Sell the Break of the Tringle-Support @ 127-130 - exspected TP:100

The_Cannalyst Updated 

SInce the bearish wegde was activated, the momentum indeed turned bearish. Oil seems to aim for kissing the EMA 200 @ 44$. This level is corresponding to the current down trend channel`s bottom. Here could be a potentially turnaround level! Targets on the downside are as always theblue illustrated fibos. On the way down, the level @ 45,7$ also could be an...

The_Cannalyst Updated 

I know, after that political shock it is not really serious to analyse that pair., but one follower asked me to Analyse it...so here we go....... I see a bearish flag: tp1 could be 1.27 tp2 would be 1.25, but thats really hard to believe that the pair will reach that Niveau the next days! The Minimum correction Level (fibo 38,2) of the massive sellout also is...

The_Cannalyst Updated 

red vs. green counting..in my Chart i have illustrated the present resistance and support zones. If Dax could overcome the resistance @ 9775 , a shortterm longsignal with tp @ 9.950 appears. The following TP could be 10.350. Above 10.350-10.450 the midterm downtrend will break - that will generate midterm/longterm Targets @ 11.300/11.750/12.300 Above 12.350 there...

The_Cannalyst Updated 

Here are some examples of breakouts - my favourite Setup: Activision Blizzard Entry: 40- moved to 42,2 4-day-performance: 5,55% Lululemon Athletica Entry:69,5-moved to 76,49 22-days-performance: 10,05% Halliburton Entry:41,9-moved to 46,76 10-days-performance: 11,59% Gold Futures Entry:1305-moved to 1356 10-days-performance: 3,90% Aphria Inc....