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We may derive the following from the Daily SBK chart: 1. Price is currently approaching a key support level. 2. Whilst a bid may occur, it is important to remain aware of current market conditions - in which the support may not hold. 3. A bounce off the support may indicate a buy. 4. As always - maintain your risk. Note: The views provided herein do not...

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We may derive the following from the Daily SOL chart: 1. Price has shown a good recovery from the recent low. 2. But one has to take into account the fundamental climate as well as the technicals on the chart. 3. A technical flag is observed and may potentially pan out, returning us to the bottom. 4. Alternatively, demand may continue and the pattern may be...

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We may derive the following from the Daily WHL chart: 1. Price has dropped significantly over the past few months. 2. It appears that price has potentially bottomed out. 3. A triangle has formed, with the possibility of pushing higher. 4. A break up may be a buy. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.

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We may derive the following from the J200 Weekly chart: 1. Price recovered quite well from the previous support. 2. We now face a major resistance level and backtest where a reversal to the downside is possible. 3. Check the lower time frames for possible entries. i.e. a sell setup. 4. As always - maintain your risk. Note: The views provided herein do not...

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We may derive the following from the AGL Weekly chart: 1. Given the current bearish trend in AGL, it is probable that it will continue. 2. Price appears to have hit the previous support (now resistance) and turned to the downside. 3. Check the lower time frames for possible entries. 4. As always - maintain your risk. Note: The views provided herein do not...

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We may derive the following from the J200 Monthly chart: 1. Due to the ongoing decline in the global economy, the Top 40 fell to a major support line. 2. A significant amount of buying occurred at the monthly trend support. 3. IMO, price will either: a) Retrace to the previous trend support before continuing to decline as part of a bear market; or b) Price...

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We may derive the following from the Weekly CFR chart: 1. Price finally reached target after 9 months (see linked idea). 2. At present, having reached a major monthly support (purple line) it would appear that some profit taking is happening. 3. Price is now testing the latest resistance. Wait for a reversal for further downside. 4. As always - maintain your...

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We may derive the following from the Weekly J200 chart: 1. Price has dropped significantly over the past two weeks. 2. At present, price appears to be correcting. 3. It is probable that after a short term correction, price will continue to decline to the major support level (orange box). 4. Wait for a correction pattern to sell. 5. As always - maintain your...

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We may derive the following from the Daily SHP chart: 1. Price has closed outside of our downtrend channel. 2. A potential push to the upside may occur - price may then reach the recent high (blue line). 3. This will be telling for longer term buys on the higher time frames (W & M). 4. As always - maintain your risk. Note: The views provided herein do not...

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We may derive the following from the Monthly NED chart: 1. Price has dropped significantly over the past few months (see linked idea) and has reached a short target. 2. At present, we have reached a major monthly demand zone (orange box). 3. It is however, pre-mature to buy. Wait for an opportunity to present itself first - being a reversal formation (bottom) ....

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We may derive the following from the Weekly SBK chart: 1. Price is trading below our major weekly support. 2. A close below may signal further downside. 3. It is however, late to sell. Wait for an opportunity to present itself first - such as a retracement. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.

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We may derive the following from the Daily WHL chart: 1. Price has ended off the day with a bullish candle. 2. A potential wedge pattern has been formed. 3. It is however, pre-mature to buy. Wait for an opportunity to present itself first - being a solid break and retest of the wedge. 4. As always - maintain your risk. Note: The views provided herein do not...

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We may derive the following from the Weekly NED chart: 1. Price has reached our key support and first target (see linked idea). 2. We can now take some profit as price may either recover or continue lower. 3. Wait for an opportunity to present itself first. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.

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We may derive the following from the Weekly SBK chart: 1. Price is currently trading slightly above a major support level. 2. Price will either, imo, bounce off support to the upside, alternatively create a further impulse to the downside. 3. Wait for an opportunity to present itself, either long or short. And as always - maintain your risk. Note: The views...

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We may derive the following from the Daily SHP chart: 1. Price appears to be building a bullish structure. 2. Should price trade outside of the purple downtrend then we can expect a possible continuation to the previous high (blue line). 3. Wait for a bullish opportunity to present itself first. As always - maintain your risk. Note: The views provided...

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We may derive the following from the Weekly J200 chart: 1. Price remains bearish - as currently seen by the rejection at the orange box. 2. It is probable that price will continue to the downside until reaching the support trend line. 3. Wait for an opportunity to present itself. And as always - maintain your risk. Note: The views provided herein do not...

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Welcome to 2020 :) We may derive the following from the Weekly CFR chart: 1. Price remains bearish imo - as currently seen by the rejection at the yellow box. 2. It is possible, that once the correction wave breaks, the main downtrend will continue. 3. Wait for an opportunity to present itself. And as always - maintain your risk. Note: The views provided...

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We may derive the following from the Daily VOD chart: 1. Price made a good break out of the major weekly downtrend. 2. However, the new uptrend failed to sustain itself, keeping in mind the recent fundamentals. 3. At this point, price may find support at the 110 level. 4. Wait for an opportunity to present itself. And as always - maintain your risk. Note:...