efraim89

efraim89

THERE IS A DIVERGENCE BETWEEN THE PRICE OF THE S&P AND THE RSI AND STOCHASTIC (PINK LINE). THE GREEN LINE IS AN M FORMATION WHEN A TREND CHANGE COMES, AND THE YELLOW ARROW IS THE TARGET FALL TO YOUR BLUE LINE 50-DAY MOVING AVERAGE, IF YOU EXCEED THE DOWN PRICE YOUR NEXT TARGET IS THE 200-DAY MOVING AVERAGE, RED LINE. LOOK FOR TWO LATEST CONFIRMATIONS, A LOW RED...

efraim89

I am seeing this pattern of W(double bottom) in the underlying asset, I drew the green line, when the pattern appears changes the trend, the uptrend will continue if it goes up above de .50 Fibonacci, with a small retreat to regulate the rising, and then continue the trend . Besides, its stochastic and RSI are at oversold levels and it is also at its fibo pivot...

efraim89 Updated 

Espero el retroceso en área de fibo .618, para una venta y entrar a la 3er Onda o impulso, hay varios factores macroeconomicos o fundamentales que están influyendo como tasas de interés, precio de los bonos, inflación, trade war, y niveles de sobre compra en acciones para que se cumpla el fenómeno y se de un ajuste adecuado del mercado, y tomar ventaja de los movimientos.