You can see the top and bottoms curves, top curve is peaking and bottom curve is flattening. Risk is low to the upside with daily stop losses following the curve. Conservative 3.5% to the downside in next 15 days. We also see double divergences in top and bottom trends on the Relative Trend Index, RTI could give third peak in next 8 days to confirm. Below...
Trump vs Biden 2.0, no-one really wants to see it, but it looks like an inevitability
Seems self explanatory but I see so many experienced traders still risk-trading the wrong sides of a trend line.
strong bullish wedge pattern right now in daily candle; FHB has very good fundamentals in Regional banking and is positioned well to make a strong recovery I have a 3% equity long right now in FHB
GTN has amazing fundamentals in Broadcasting sub industry compared to its peers, technically at the bottom of an expanding long term wedge, and we're going into political ad season and its market is in many swing states that will see high political ad spending; this has a tight risk stop loss at 18% and easy upside of 80%; I will take a measured long position...
ACM is the most poorly positioned commercial construction company on the market on a financial and technical basis currently. We take advantage of a slow down in commercial building with commercial banking stress. ACM is only off 10% from highs currently only 6 weeks ago. ACM Book value is 4.52, 20% higher than its industry average. Profit margin is 7.81% for...
4 p/l ratio; check the s/r trade in ranges until we test 200dma or mid support here
Large Scale DJI using RSI Trend and top bottom time frames on Month scale
we push up over the curve Monday or follow it down over next 2 weeks for consol
@mmsoccer $jets and $vde have a high correlation, i would just pick one for a position mmsoccer but with flights picking up wouldn't they go up? and what about the triangle with a more bullish entry? dilille010 @mmsoccer youre talking about fundamentals, i rarely use fundamentals to trade, im in $blok to have exposure to crypto, thats about as close to fundamental...
DJI made lower lows for 28 days then made 3 down days before large crash on Oct19
i dont see any correlation to dxy rising = market crash from 6/14 to 3/15, DXY rose 19%, in the same period DJI rose 1200 pts from 1/17 to 1/18 dxy fell 13% in the same perido DJI rose 2500 pts From 1/07 to 2/09 the dxy dropped 7%, rose 20% then dropped 6% then rose 8% while DJI dropped 7000 pts From 3/87 to 11/87 DJI dropped 20 %; DXY dropped 9% i see no...
in buy zone around 10.10, target 11.67. stop loss 9.40 r/r 2.29
in buy-zone between 60.87 and 57.85; target is 65.98; this is a low volume stock so have your stops set; stop loss at 54.74; potential r/r 2.59
The top line has been bothering me, so i drew a curve instead, i think ill save this for later :thinking_face:
the bottom channel line and resistance at 3953 converge at 1800 est tomorrow, should be fun