aluchan01

aluchan01 Updated 

First scenario is that we see a slight retracement up to 3421area then bounces back up to previous ATH and possibly break it. 2nd scenario is we dump down to the low of the impulse which is in 3310 area.

aluchan01 Updated 

Completion of an M pattern would create a double top if it 12.2k-12.4k area Good RR for a short. (Purely TA) Im still holding my entry

aluchan01

1st scenario: a convincing break below triangle area. Previous analysis i posted that 1930 might be the top and it did which would mean that we arent going out of the triangle just yet and it might be a good short opportunity. 2nd scenario: all hell breaks loose and and we get a break above 1930 and it might go as high as 1970. Daily MACD line starting to diverge...

aluchan01

We need clear break through on 23$ level or 24.1$ before having a clear direction on where the market wants to go. If not, next week might be a scalpers heaven between the broken lines indicated

aluchan01 Updated 

Daily showed a strong bull flag pattern on spx500 3200 should be the bottom if the pattern stays true. Top of the pole is previous ATH which is around 3580area MacD line starting to go up from the signal on daily which is usually a good sign for a buy.

aluchan01 Updated 

Gold could go as high as 1930. But im more inclined to see 1811 as bottom. Where the major buys can be found.