Many Bullish patterns can be formed for S&P 500 Index . the conditions is to confirm the support made at 2650. Indicators showing positive move toward 1st Q of 2019 then to be updated
Summery: Increase long positions when shares reached the support level between 1550-1500 . This is area will be good for long positions till 1st Q 2019 Yellow color Resistances at 1750 1st support 1597 2nd support 1505 stop loss Notes: RSI and MFI and stochastic all showing break thru to uptrend . its possible to get fresh higher low before continue uptrend ....
As discussed , we reached the good support area to make new support for coming up trend please check the original idea .
Since quite time and very bearish style was applied for this share . it is possible to extend decline up to 5.5 or below but as its big share the process will take some time .. now at 7.99 we expect bounce to form new fresh top between 9.0 and 10.5 then suggested to continue down trend to achieve lower supports
Updates today, we expected good bounce to the area above 200 which can form small new top then to continue the down trend from tomorrow or after to make new fresh low under 190 which is point 4 Same as described before its bearish pattern to close all previous gaps at 190 and 170 then starting very long uptrend.
** 2 Bearish scenarios for apple as indicated in chart we can see possible double top pattern and there were gaps at 170 and 190 . This will be confirmed after closing below last week bottom at 205.4 * Weakness for indicators * If expectations for Q4 is lowered, then this will confirm these scenarios * Bearish scenarios to reach new main support to start LONG...
PG AFTER Q3 revune will be targeting 84.5 then 88 then 90.5 - long
Its clear uptrend for very long term but as for now we can see short positions until find a new support between 0.30000 and 0.33333 then we can see new uptrend targeting long goals at 0.75000
The target is close the year at range of 70 then chart to be updated at mid of decemebr . same as previous analysis its clear uptrend with higher targets at 78-83-88-96-101
After NOV fed meetings the currency broke the red line which was support for uptrend but it bounce from the bigger down trend Black dots line which means that still there are momentum for uptrend and it was just to make new support for the coming trend . Summery: Long positions up to next fed meeting on DEC then fresh new higher low then targeting zone between...
EURUSD TO 1.222 ... LONG up to mid of December and before FED meetings and rate issues. The key of this uptrend is closing daily above 1.6 then the target will be 1.222 We can see positive direction to my slow stochastic and MFI expected to form new tops higher than previous tops then the uptrend will be completed and downward direction
USDCAD BULLISH - TARGET 1.326
Actually its bearish pattern to start downgrading after its reach the target goal at 7896 -8050 but for now we can take the advantage of the correction made on OCT . very good entry for long positions when reach to the support at 7150-7250 Resistance at 7570 which open the gate for long positions confirmation RSI will form new top during next 1st Q or 2nd Q...
Possible Sharpe uptrend to attract historical trend .. perfect entry between 55 and 58 then target 78 then to be updated ...
after recently high volume traded (15th oct), we can see weakness for most indicators .. any closing below 6000 then massive down trend will be started.. for mid term (6 months to 1 year) the perfect entry will be from 3500-5400 then we can take long for long time :)
Support at 1500 will be good entry level for LONG positions targeting area between 1750-1800 for following moths . its early to confirm the uptrend positions but its clear support at 1500 which possible to make double bottom pattern between 1450-1550
Good entry will be near new support at 285 Targets goals: Support: 285-295 Resistances: 322 - 341
Suggested uptrend pattern after reach its new support bottom at 26.37 .. Share started new trend with aiming goals 32.32 then 37.73 Support; 28.79 Resistance: 30.8 then 32 - 34