gold and gdx could regain upward momentum soon.
could this be a bear flag? below 65 day moving average showing signs of selling and supply?
daily trend forming and support base has formed. benefits from oil and non dollar action, and its china with their gdp growth potential.
Apple failed to break out and may be acting out double top failure and test support. On watch. Needs to recover 65 day moving average or will be playing out as a double top and look for support lower at or new 200 day moving average where more value oriented buyers will step in hopefully.
Bitcoin needs to recoup the highs and follow through, or risk getting pounded with profit taking to support levels.
MOMO has good past growth in sales and eps. can it recover from the regulations fears sells of and continue its growth path? chinese social media apps, and only has price/sales of 1.30 ish, when sectors has comps at way higher in the 30-40 plus price to sales. Dating and social media in china, worth a look. Im a fan, I like the stonk :D
Im not a fan, but banks are! will they bounce in the next sell off as a hideout?
Will gold hold here as stocks look less attractive?
Looking to see if euro reverses up trend and threatens moving averages lower.
Etherium ethusd below 25 day moving average and threating to break support and fall below 65 day moving average.
inverse head in shoulder upside in platinum spotted? potential upside target to 1500 range by way of measure move. #platinum
Looking for reversal potentially after capitulatory gap up on election and vaccine news. Looking for confirmation of pattern by selling in following weeks to months. Target would be 10-20% lower.
Energy as measured in XLE could be creating a base and or accumulation support. Energy is one of the worst performing sectors this years. there is still serious risk while oil prices remain pressured lower and could still get worse for energy if we see further decline. disclosure: I am long using long term deep in the money options 9-12 months out.
Bearish macd divergence in euro weekly chart. has been in uptrend almost of all of 2017, can it continue? In my opinion, I favor downside on a trade when macd signals that momentum of a trend is changing or diverging. Its not 100% but definitely better than 50% odd in a shift or pause, again in my opinion and past experiences. We shall soon see.
CBOT:ZN1! bonds are getting beat up and oversold. the world money system is based on these bonds as collateral, so unless the world will fall apart in turmoil, we must assume that investors will still be interested in lending to the US and buy bonds when oversold. I am specifically interested in the 10 year instead of the 5 year note or long term 20-30yr bond....