david_ceballos

david_ceballos Updated 

The downtrend keeps strong in the Emerging Markets, following the also bearish Chinese stock market (FXI). Any price action in the EEM between the 50 days and 100 days moving average is a good entry point to sell, minimizing the risks in the downtrend direction. Stop loss around the 200 moving average.

david_ceballos Updated 

The bearish are winning the battle for the new trend in the market. From Jun 2016 until October 2018 the price action remained above key moving averages trend lines, meaning "buying the dip" was by far the most profitable strategy those day. Even more, we can say the bullish were under control in the market since the end of 2009, and only three times since then...

david_ceballos Updated 

Some new bullish signals for Consumer Staples sector: Solid Price action over SMA(20d) and SMA(50d). SMA(20) crossed the SMA(50) the last days of the past week (Golden Cross!). A good strategy to go long is to wait for a correction around the SM(20d).

david_ceballos Updated 

After the sell-off on Monday 6/25, bullish price action appears over the moving average 50 days (blue line). Tomorrow is key to see if the price remains above this trend line, as it has been since March. Otherwise, the price will test the next support in the moving average 100 days (orange line).

david_ceballos Updated 

Nice rebound in the price action around the moving average 100. If the sentiment in the market in the next days continues in correction mode, I will wait to add heavy positions around the moving average 200 days (yellow line).

david_ceballos Updated 

Today, Monday 6/25, the Dow retested again the long-term uptrend, the moving average 200 days (yellow line): previously, the first time was at the beginning of April, and the second time was at the beginning of May. To keep the bullish sentiment in the stock market, the Dow must defend this support. Otherwise, I'd expect a huge increase in the volatility in the market.

david_ceballos Updated 

The trend line with the moving average is week in the financial sector. The only and key technical support for the sector is to keep the price action over 26.5. Otherwise the free fall is unstoppable.

david_ceballos Updated 

The trend is your friend, and it is clear the downtrend in the golden crypto remains strong, seeking for the next support around 5500 area. The story is similar for all the major cryptocurrencies: only bearish signals.

david_ceballos Updated 

The daily downtrend in Litecoin remains, and the multiple convergence in different time-frames (daily/hourly/5 minutes) show the strength of the selloff is high, and we can expect lower levels for the next days.

david_ceballos Updated 

In the daily graph, yesterday and today the price action of the ETH/BTC is closing under the moving average 200 days, a signal can means more decreases in the price in the short term. In the 60 minutes chart, I see a strong bearish action in the last 5 days, and all the moving averages are converging in a clear downtrend path. Strategy: wait for corrections around...

david_ceballos Updated 

GE has been in a downtrend path for all the 2017 and 2018, most of the time even under the moving average 50 days (blue line), and the price just once tested the 100 days trend line (orange moving average). Today, the stock is closing almost with a +8%, after the company announced his plans to spin off its health-care business and sell its participation in the...