The longterm trend in oil is weak, Gov bond around ATL signaling low inflation/low growth. 12 dollar would be a retest of the 1999 low, and a new millennial bottom. You could also argue that the worst is over in oil and tripple bottom is in play at 20. Or we hit 50 dollar and the longterm trend has turn for now. Probabillity leaning towards the downside since we...
The ghost feed is taken from the bearmarket rally march - may 08, a quick spike above MA200 and then down around 50% from that spike. We retraced approx 0.618 may 08, this time will be above this rectracement lvl but still in some kind of turning zone between 0.618 and 0.786. The tempo is quite similar, we peaked 63 days into the bearmarket rally, (08) today we...
We have just recent established a upper trend line. The fib 1.618 from previously high/bottom is at 2520. Target would be 1750 area, but depends on tempo Going short, no. The trend is to strong, but good indicator for index if we start to se a drop around these lvls.
Potential, "last" short opportunity i NDX, - Gap closed - Supply zone on weekly - Resistance, trend channel
My map for a potential short. Good R/R, resistance-lvl, 0.5 retracement, going with trend, EMA50-200 areas, false breakout in RSI,
Similarities with pattern between 89-92. History repeats itself. Map for 2019. Bulls exhaust, negative divergences in RSI. Best R/R from the short side. also Fib 0.618 resistance in yellow area, acting resistance on the upside Futher down Fib 0.5 and 0.618 acting support
In the four latest setbacks we have seen a turn between fib 0.5 and 0.618 (2013 was just below 0.5). Support area 150. Target 180. Possibly a good swing coming weeks.
En mall för att hålla koll på den långsiktiga vyn av marknaden. Denna prognos förutsätter att vi bildat eller att vi är inom felmarginalen kring en tillfällig botten (2600). Bryter vi exempelvis 2580 så krävs omredigering av vyn. Prognoser är extremt svårt att göra långt fram i tiden och denna är befäst med många osäkerhetsfaktorer
I we follow last parabolic run, then it will look like this, price and time
oversold, positive divergence in RSI, Support area, good R/R for a long, increase my position if 61-60, stop loss 58