magnum375

magnum375 Updated 

The Nifty index is struggling to break 12280 after 3 attempts can it be break now ? or we will go down toward 12110 my strategy is to short at 12230-25 and target 12110 with a stop loss at 12290

magnum375

The DOW Jones is very close to the top of it´s ascending trend and went down last week after reaching it, so what will happen next? will we retest 28890 or we will continue this correction My strategy is to wait for Monday open for eventually short at either 28850 if we get back to it with a stop loss at 28900 or at 28560 with a stop loss at 28640 if we go down...

magnum375 Updated 

The UK100 was trading in a range for the last couple of months and now is trading near the top of the range, we could have a good opportunity to short it at 7420-450 technically we have more than 70% probability for this trade to be accurate The range is between 7060 and 7425 , and the UK100 is at 7385 right now we could wait a little to short it somewhere...

magnum375

For the last couple of month the gold is trading in a range between 1450 and 1560 a break of this range will give us the next trend for the gold , although this year was pretty good for the Gold so you only have 2 level to watch 1450 and 1560 a monthly close above 1560 will lead to new high and a Bullish trend possibly toward 1700 then 1900 , on the other hand a...

magnum375

It´s spectacular how the Nasdaq 100 is evolving , a continuous Bullish trend for over 10 years, with a substantial correction last year . So what happen next will we continue this Trend ? or are we headed into a correction ? For me 8900 is the ultimate level I dont see the Nasdaq over this level but who knows Another QE form the Fed? cutting Interest rates ? for...

magnum375

We had a very Bullish trend this year but we are close to a major resistance 13366 and the DAX 30 is hesitating , are we having the same Pattern as January 2018 ? a possible Head and Shoulder? or will we close above 13366 and continue the Bullish Trend, I hardly think so , but Central Banks are invading the markets with Fresh liquidity so anything can happen , The...

magnum375 Updated 

The Nasdaq is continuing the Bullish trend but a big resistance at 8450 is waiting so my strategy is to wait for a close above 8450 to bu and target 8600 or a close below 8180 to short and target 8030

magnum375

We are at the top of the range a break will make the price go to 64 but if we fail to close above 60.47 it´s a good opportunity to short

magnum375 Updated 

The CAC 40 is going down today after reaching all time high weeks ago the question is how far this correction can go or we will move to a bear market but for now this is just a little correction my strategy is to short if we close below 5850 and target 5700 then 5650 but becarful a positive tweet about trade war could give the market a boost so short at 5840-30...

magnum375 Updated 

The Palladium is on a Bullish trend but near a big resistance at 1810 we can wait for a close below 1810 to short it or if we close above to buy it but technically the first scenario is most likely to happen so my strategy is to short now at 1786 and again at 1800-1810 and try to target 1700 with a stop loss above 1825 If we close above 1825 we can buy and target 1900

magnum375

The SCI is trading under the 200 moving average but still in a range for a long time now a break of this range will show the way for the long term for the Shanghai composite index but the most aggressive trader can try to short now at 2906 because we are under the 200 MA and target 2850 so my strategy for the long term is to wait for the break of the range between...

magnum375 Updated 

My Strategy is to short now at 8240 with a stop loss above 9320 and traget 1= 7486 target 2 = 6020 target 3 = 4247 if anybody want to bet against me about this strategy contact me

magnum375 Updated 

The Nasdaq 100 is breaking new highs and nobody know where is it going but the trend is still Bullish unless we break 8000 and 7800 for the short term so my strategy is to keep buying the dip between 8000 and 8200 and try target 8320

magnum375 Updated 

The USD/JPY is trading below its 200 MA and facing a major resistance at 108.90 if we close below it then we will come back to 108.02 but if we can break it this will push the USD/JPY to 110 so my strategy is to wait for the daily close above or below 108.90 to take position if above and with a strong bounce we will buy and target 110 but if we close below we will short

magnum375

the Gold is waiting right now after breaking a bearish trend line with a pullback and going up the next station might be 1521 if we can break it then we will go toward 1560 but if we cant break 1521 I think we will come back to 1481 the trend is Bullish right now so my strategy is to wait for a close above 1521 to target 1560

magnum375

The DAX30 is trading near new highs and close to a very big resistance at 13140-50 can we break it ? maybe a tweet or a good news from the trade war will help it if we do , we will target the all time high ever at 13440 or more so my strategy is to wait for a break of 13140-50 to buy again and target 13440 it can happen right now or we could assist to a little...

magnum375 Updated 

The CAC 40 is trading near new high at 5730 after breaking a major resistance at 5650 becoming now a support, the trend is Bullish but the question is how far can we go in this new bubble ? 5800 ? or more or we will come back to 5650 ? so my strategy is to wait for a close above 5700 to go long to target 5760 -5770 but if we close below I am neutral till the...

magnum375

The Hang Seng index is going toward the Bearish trend line initiated in April at 27240 but need to break a resistance here at 26916 so my strategy is to wait for a break of the 26916 level and see if the index can break its trend line at 27240 but if not We will short at 27100-200 to target 25504