anvil

anvil

We broke out of last two downward trendlines. 782.60 is a fib trend target Tech titan has to hit new ATHs to propel SPY to 2200 Enter at 785 S/L 777 Target 794-800 R/R 1.125

anvil

Facebook is seeing selling at 126 levels and seen two daily highs at 125.84 post earnings. There's a fair chance that earnings reaction might have been the swing high. I am going short to see a reaction as macd is near 0 and headed negative on a down day. Last price 125.26 S/l 126.11 Target 123.20 R/R 2.11

anvil

RDS bounced off the trendline support by closing above it. I am expecting a bounce or breakout from this resistance/support area we current are at.

anvil

Pfc has broken out of it's trading range with huge volumes and continued buying interest. Similar story with REC

anvil

Copper might have finished it's complex correction. Look to go long on breakout of triangle. Stoch isn't encouring but stoch can remain overbought for a long period of time. Take a note of perfect pinbar setup on July 1st.

anvil

2115 is a very strong level. Go short with a stop at all time highs of 2134.

anvil

Gap is filled now next support is 564 and if this fails we will have a bigger down move

anvil

A close below 2040 with conviction will take us to next logical support at 2022.

anvil

Great descending triangle setup. Watch out for an explosive breakout. There's been accumulation against the selling from removal in MSCI-0.77% index EEM-1.80% . multiple springs from 162

anvil

It's possible that next week you will see a convincing breakdown on the trend line or a gap fill at 38.45 and then a reversal. The reaction downwards before it hits fib retracements is a bearish sign and buyers didn't emerge to support 38.20

anvil

I expect British Land to break out from this triangle formation next week. Brexit selling in the short-term has been absorbed by value buyers. It's trading at a wide discount to it's net asset value. There is a gap on daily at 765-770 which should get filled and you could scale out there. Trix Ma is about to turn positive on weekly

anvil Updated 

2111 was an amazing Fibonacci resistance level. 2045 usually provokes a huge expansion in volatility, Watch out for the choppiness there. 2040 might hold but not cleanly. A big close taking out 2040 will open the doors to 2015-2017