Since couple days ago i said short BA, the position from 244.99can take out the profit. Leave space between 334 to the 320 for fighting, don't touch. Congrats making money.
This is the chart gives more detail why i said BA bull will be over, watch out green support and 335, but first of all, the price need break and down under the present price and confirm.
BA's bull will be over soon, watch out it it beaks support line.
Last week, I had a plan doing BAC day trading, now, the target approach, just see my previous post. If you see my analysis and make the trade, Congratulation.
Present price moving is a kind of price correction, and 9195 probably is the top for this move. However,7789, green line in the middle, is an important support line; maybe, the short moving is testing to touch that level. 7789 is a good position for call option, and the trader need to make sure it would not bear down to my lower green support line. It is...
I have a short position last night, and i believe i could made some dollars. However, strong labour market turns DXY from 90.35 down. In this morning, i stop lose and change to long, from 69.93 to Now. Though luck, i cover my lose, but still have question in my mind: is that possible to be a bull forever, MA 50 shows a perfect up trend. Let's see SPX tests 2781.
Test 2783, but i believe it can break and up. Seriously, Trump contributes a lot for U.S economy, no matter how you hate him.
This chart will explain why WJA will be bearish if the price cannot break the RED LINE. I hope WJA will be fine, but the labour negotiation really hurt this company.
Just what i draw on the graph, the area between 1208 and 1358. it seems like gold will touch 1208 or a little above and go up; also, it has a big opportunity to break the 1358.Other wise, Gold will be a bear. I believe that gold is long, and investor can keep it in long-term
WJA looks like touch bottom, and you can buy at this level, however, be careful if it breaking down to the lower green line, so make sure you have a stop loss. RED SLOP line is very important, if it breaks and up, it will be very bull. if it touch and go back, you need take your profit immediately, because if you look 1 hr chart, it will turn to very bear after ...
Just as i showed on pic, it looks like in neutral, and it absolutely short in this position, target to the bottom blue line. make sure DXY is in BULL.
My target approached. But this position maybe the turning position.
i guess the market is waiting for the non-farm payroll at this coming this Frida. Market is neutral in this week. SPX did not break my red line today, and if you see the performance today, the price tried to break, but it can't. Next step look at DXY trending. Additionally, VIX is getting lower.
I give BAC an entry level which is 30.75-30.98, the best price is 30.75 because it will be easier control the lose, target price (long)is 32.53. under 30.57, there are a lot buying power. However, you have to wait to that price because of price correction.
This level is an absolutely short position. even I connect three main support points together which is purple line, it still is bearish. However, watch out my red circle. three patterns; it means how serious battle between put and call. let us see DXY in 89.77.
As my analysis in DXY, 89.77 is a main support level. investors should take care of it
I am so happy to notice, my JD short plan has approached. If you saw my analysis, and short at the position i draw on pic, congrats.