UnknownUnicorn2181194

UnknownUnicorn2181194 Updated 

What to watch. No guarantee but had a quick look and in the past month market goes down after two peaks MACD . So if the second peak is confirmed by lower next bar then I reckon now's the time to watch closely. Then again maybe the last bar won't be a peak because the market shoots higher.

UnknownUnicorn2181194 Updated 

What to watch. Notes of caution (1) Two Williams Fractal arrows in the same direction at least 12 bars apart on the two hour chart. The price has been usually back at some point and can even go the other way . (2) Set-ups on my two hour charts alternate between Hearts and Squares. Squares have been the best in February's uptrend. With hearts which is what may or...

UnknownUnicorn2181194 Updated 

MACD on 4 hour weakening and if crosses over to down I think based on past that cancels my bullish idea.

UnknownUnicorn2181194 Updated 

Till I see some upward signals in MACD like before I got no new ideas for the market going up

UnknownUnicorn2181194 Updated 

I thought there were just MACD patterns in the 2 hour chart but have found them same in 4 hour chart worth a punt with stops

UnknownUnicorn2181194 Updated 

Check out my Wacky and Weird chart & look at the MACD for clues. If it's anything like the last run it could take us nearer $12,000. Judging by the last run the low of $10,356 must hold, and red bars must not make another trough for such to work. You can add more rules if you like. I'm taking a risk publishing early as I would like to see more confirmations....

UnknownUnicorn2181194

Originaly published in education section.

UnknownUnicorn2181194 Updated 

MACD looking overdue for at least a reset. Will it be like the first run (far left of screen) or second run (middle of screen) Second target for this wave was $11,150 - $11,200 Y/N It's close.

UnknownUnicorn2181194

People predict the end of the year looks bad. Well I don't buy that prediction just yet. I've created a chart. See what you think. It was enough for me to form this current view.

UnknownUnicorn2181194

Although MACD looking like times up for this run, I think it can reverse and shoot higher the reason being that although it hit target compared with previous run (black line middle of screen), the run before that (see first black line left of screen) went higher and on for longer. Wacky and Weird but true. Have included Fib retracements.

UnknownUnicorn2181194

I was spot on this morning here's more wacky visual analysis of my hearts and squares incorporating past trend lines. Weird stuff ?

UnknownUnicorn2181194 Updated 

Just done some wacky visual analysis of the MACD marked with hearts and squares. Squares rally while hearts reverse. Wierd stuff ?

UnknownUnicorn2181194

Those two higher peaks are apparently bearish flag . I'm sticking with my long idea for a bounce by end of month

UnknownUnicorn2181194 Updated 

As it's not the end of the month I'm turning to Buy. Reason being in the last rally two peaks and higher highs were made. Has yet to hit my initial price targets between c.$9,160- c.$8,900. I could wait for blue MACD to be heading up and other confirmations before publishing but given the big drop earlier in the day things can move really fast. Also waiting for a...

UnknownUnicorn2181194

Would have liked to have seen the market rise faster from the current low to the MA, and then it hit my 15 min Bollinger trend line and went down again (note that all my Bollinger trend lines come from either the 15 min 2 hour or 4 hour charts). Somebody will say it wasn't my 15 min Bollinger trend line but an obvious retracement level. Fine OK you win. The next...

UnknownUnicorn2181194

I'm going short because lower Bollinger line was broken through and looking back at last years climb this looks like it was a really bad sign. Cancelling all my what to watch lists and observation and going with the usual stuff head and shoulder formations for now. If price breaks through MA I'll review.

UnknownUnicorn2181194 Updated 

My earlier postings worked. $10,200 was a key low. We got the MACD trough. We got the Williams down arrow. All we need now is a good break through the MA. Back test for yourselves what happens after that. Key support now $10,200. If gets busted then another leg down. Market may have risen to fast and MA been too high for any good support.

UnknownUnicorn2181194 Updated 

Low reached of $10,200 looks promising as last trough (in red) on the MACD looks like a trough this time but MA may have needed to have been a bit more within reach. No Williams down arrow as yet. This is an update on my previous What to watch posting.