MOEX:BR1! Brent Oil Head & shoulder pattern forming although pattern is not yet complete. we need to see how the right shoulder is forming and a break below 73.50 will trigger the head and shoulder breakdown. But i guess OPEC wil not let it come this far and tighten their production before this.
Here is a big time picture of the RS between the S&P500 and the 30Y Yield
Watching TYX 30Y Treasury Bond Yield for a reverse in trend ! Possible trades TBX or TBF
ALERS EUROBIO SCIENTIFIC is a company on the French stock market in the vitro medical diagnostics and also producing CAVID19 tests. It made a nice CUP & Handle BO with volume EURONEXT:ALERS EURONEXT:ALERS ://www.tradingview.com/x/Uw1WlyDV/]https://www.tradingview.com/x/Uw1WlyDV/
Here is an interesting chart... Take a look at the RS Index of the S&P500 index and the Commoditie index.
NASDAQ:AMD It is still too early to tell and we have to wait for a breakdown confirmation. But this looks like a head & shoulder formation.
NYSE:MFGP We have a nice pattern forming for MFGP . A reversed Head and Shoulder formation, one of the most successful reversal patterns. Still waiting for a confirmation with a breakout above the neckline and preferably with some nice volume.
x AMEX:XES XES triggered a cup & handle breakout on the weekly
CBOT_MINI:XC1! Here is an example of a double bottom breakout trade of CORN I made in September. As you can see there was a nice confirmation of volume and also the fundamentals were in sync.
FX:EURUSD Here an update of my targets for the EURUSD. As my target i gave in NOV 2018 of 1,081 got hit and was a nice support zone for a BUY . Price changed to an uptrend and broke even a LT downward trendline. As you can see an the chart we are now trading at a resistance zone now, if we make NH we could go for and Extended 5th Wave see the chart for the...
AMEX:DIA The Dow jones DIA is at a critical point right now. We are at the 50d Avg and the support of a head and shoulder breakline. Both SPY and QQQ are going to end the week triggering a weekly MACD sell signal. And cyclicals are not on our side (mid of septamber till mid of october been the wors months)
Johnson & Johnson $JNJ BO a Cup & Handle with some nice volume. NYSE:JNJ
NASDAQ:KALA KALA PHARMACEUTICALS INC $KALA is forming a CUP & Handle formation with a leading BO on the OBV index. The stock had also a lot of insider buying power and positive news with their EYSUVIS (a dry eye disease)
Gold broke out again and i also like the chart formation what silver SLV is forming it's looking like a reversed Head & Shoulder.
NYSE:SPOT Take a look at Spotify, forming a Cup & Handle formation and broke it's 50 Mov Avg. We still need a BO with volume to confurm this pattern.