Long run, buy the dips: SP500 is at a very good looking chart moment. Being not so optmistic, it can remains sideways for a couple of years (just like 2014-2016, 2017-2020, or the period between the Nasdaq bubble burst and the post 2008 crisis)
We may be seeing the formation of the most powerful tech analysis figure: the diamond, as a reversion for a downtrend on Ibovespa.
We are now testing 68.1% Fibonacci retracement resistance from the top to the bottom. Stochastic oversold. Short term uptrend depends on it!
If it holds this level, by the end of this month, the monthly trendline is saved and, at least, we can consider a long term sideways market.
This figures preceeds a huge movement, depending on which direction will occur a breakout. Place your bets!
Seems i've got a huge pullback for this uptrend channel coming.
I think this triangle is about to break resistance uptrends direction soon.
Weekly and Daily charts perspective for the EURUSD.
We got a channel break and this sh#!^'s going down!!
When price hits these Moving Averages i am going long!!