DAI is streached like never before. fibo was drawn from bottom closing to 2 bars high (daily) trnd line cinnected highes (daily) we had a runaway gap in the recent few days that ha been filled. RSI have never been that high (monthly)
I nelieve this is a short with nice stop loss
will it ever turn ? this is against all odds for sure and probably will lose money :-) but I cant help it fib is not always from top to buttom, but still .... confluence
sell AAPL cant get any higher now distribution can last a while, but top is in !!!!
this is unbelievable almost a real but early sign that a 9 year bull is maybe over I see these kind of behavior in many major charts.. I am looking to buy TECS (ETF) it is X3 to the short side I believe. and so be it
this is a ratio dax/eurousd I was short this ratioup untill now and now flipped to long and so be it :-)
I think last weak was a false break we shall see in 1-3 weaks from now :-)
what say you ? I dont usually short tripple top... tripple top is not double top. thats for sure
german dax is $ terms long term trend line, building top ?
as long as this chart is below my weekly Trnd line (a special trend line not the conventional) its a short. and so be it. Enjoy
I think currancies will play a bigger part of stock markets strong dollar contributed a lot tp P/E expantion. chances that things have changed in the currancies behaivor and that effects the stock matket. 3 closes below trend line is a good confirmation that the break is probably not a flalse one. and so be it enjoy
strong USDOLLAR was a main driver of P/E expantion. So now you can see NQ1! divided by USDOLLAR Enjoy !!! and so be it
German Dax in $ terms (divided by EURUSD) Monthly Chart all you have to know is drawn in the chart. stock markets all over the world are bearish until (and if) double top gets violated. now becouse it is a monthly chart and topping is a process, you have to time it in smaller time frames. and so be it ENJOY !!!
am I crazy ? I think so, but maybe everyone else is :-)
all in chart. this is not a clean gold chart, but a manipulated as mentioned above. I love the big volume comming in recently, but not sure what volume means with currency like products :-) Enjoy !! I'm am long JNUG, but is based on positive outlook for gold. ofcourse I will change positions if market changes. untill prooven otherwise....