An opportunity to short the Dow has presented itself. Price couldn't break through resistance and is retreating. Setup is invalidated if price goes back up above resistance. We should see the lows from a couple weeks back retested and perhaps even broken.
With the recent plunge in the international markets, Brazils Ibovespa is soon to reach Wave 2 bottoming territory and should stage Grand Supercycle Wave 3 next. Com a recente queda nos mercados internacionais, o Ibovespa deve em breve chegar no território de fundo de onda 2(Grande Superciclo) e em seguida encenar a onda 3 de Grande Superciclo Suporte fortíssimo...
Forjas Taurus rompeu a linha parabólica de tendência de alta. A probabilidade de um "crash" passa a se tornar altíssima. Forjas Taurus has broken the parabolic upward trendline. The probability of a crash is now very high. Target: 2.10
Trendline was broken 2 weeks ago and price suggests more downside ahead.
We should probably see a correction on the after wave 5 finishes. The correction can be as large as back to wave ii of 5 territory.
Vale looks as though it's completing it's 4th Wave decline and should be heading upwards for the 5th Wave.
The Cycle Wave 5 top (and Supercycle Wave 1 top) was most probably on the week of the 14th of May 2018 (please reffer to related idea). NYSE:VALE now seems to be on an Intermediate Wave C which is part of the Cycle Wave A down. If this count is correct we should still expect Intermediate waves B and C. Only after Cycle Wave C, the last part of Supercycle Wave 2,...
A description of Bitcoins price history based on the classic Bubble View, taking into account that we're currently in a "Bitcoin Frenzy". Stocks adding buzzwords like "Bitcoin" or "blockchain" are being bought up to valuations incompatible with even the most agressive sound estimates.
AMD has respected past support levels and should resume it's upward trend in earnest
Trade featured on TV Series Billions
Soybeans has been supported by a rising trendline(yellow) and has just broken out upwards of the consolidation area. We should see higher prices from here on...
Compra de Cielo(CIEL3) baseada no respeito à zona de suporte. Devemos ver o preço subir nos próximos dias e semanas. Going long on Cielo(CIEL3) due to bounce off support zone. We should see higher prices in the coming days and weeks.
Short EURJPY on the double top formed. It is important to note that it formed in a previous resistance area.
Shorting PETR4 as it made a double top after a long uptrend from late January 2016
EURCAD has formed an ending diagonal 5th of 5th wave. We should see lower prices from here on. Market currently at 1.4840
It finally happened. The S&P500 gave in to the resistance from the past weeks shown on the chart and broke out downwards. We should see lower prices in the coming weeks
AUDUSD should trade higher in the coming days since it felt support at around the 0.7507 level. The entry came shortly after a disappointing US ISM Manufacturing PMI data release.
EURUSD tested and rejected the resistance area between 1.1330 and 1.1360 shortly after Yellen's speech had begun and broke out downwards. We should see lower prices during the coming weeks.