Bitcoin USD: Downside risk to 8000!

Bitcoin USD: Downside risk to the next P&F chart target of 8000! A P&F chart reversal can signal the end of the downtrend, but so far from a P&F chart perspective downside risk remain high!

GBP/USD: Much needed consolidation underway!

GBP/USD: Much needed consolidation underway after a strong rally. In profit taking zone!
Support levels to watch: 1.3934/1.3851!

EURUSD: Consolidating toward 1.2263 support zone!

EURUSD: Consolidating toward 1.2263 support zone! Much needed consolidation after a strong rally. Downside risk towards support levels of 1.2263/1.2191!

USDCHF: Fighting hard for support!

USDCHF: Fighting hard for support! Downside risk towards a weekly support zone of 0.9145!

Can see a short term rally to old support zone of 0.9445!

Overall outlook still remain bearish.

AUD/USD: Running into old resistance/profit-taking zone!

AUD/USD: Running into old resistance zone of 0.8125/0.8066, consolidation risk at these levels!

Trading within profit-taking zone after strong rally since the cloud chart buy signal!

G10FX Review 25th January 2018

TQQQ: Moving into profit-taking zone!

TQQQ: Moving into profit-taking zone! Keeping a very close eye on this one, for its bit extended, and moving into profit taking zone!

Weekly Chart: Had a great rally on this one, but looking for a consolidation and then a new entry for the year.  Consolidation risk remain high.

Xetra Dax: Breakout past old high resistance!

Xetra Dax managed to breakout past old high resistance zone of 13525. This is now a new support level! Index is up more than 660 points since the rebound from cloud support at bottom of cloud level! Watching closely for profit taking opportunity!

FTSE100 Consolidating to top end cloud support!

FTSE100 Consolidating to top end cloud support!

Consolidating to top end cloud chart support zone! Note MACD sell signal triggered,. downside risk remain in place now towards top cloud levels!

Xetra Dax closer to 13525 resistance zone!

Xetra Dax 30 Index getting closer to old high resistance zone of 13525!

Consolidation risk remain high at these levels, and need to see a breakout past this resistance zone, if not, then could see a consolidation back down to the top end cloud support zone.
Watching closely for the next trigger signal!

Bitcoin USD: Still locked in a downtrend!

Bitcoin USD: Still locked in a downtrend, with downside P&F chart targets of 6400/5800.

Bitcoin recently hit the 11800 downside P&F chart target!

Looking  out for support to come in, and a 600 P&F chart reversal to the upside will signal a trend change.

This is a significant correction since the P&F chart sell signal around the 18000 level!

Could see support come in at the 8000 to 10000 levels!

Dow Jones 30 Index getting closer to key P&F chart target!

Dow Jones Industrial index getting closer to key 27500  P&F chart target. Consolidation risk remain high after this strong rally since the P&F chart buy signal at 20550.

A 450 point reversal to the downside will signal an end to the current P&F chart rally.

Dow Jones 30 Index: Steady grind higher, cloud level key support!

Dow Jones 30 Index: Steady grind higher, front end of the cloud is a key support zone at 25115.
Index is up more than 3900 points since the cloud chart buy signal! Watching the MACD signal for any profit taking signals at these levels.

Xetra Dax Index: Front end of the cloud now a key support zone!

Xetra Dax Index: Front end of the cloud now a key support zone!

Rebounded from old lows and bottom end cloud chart support zone!
Old high of 13525 is a key resistance zone! Support at front end cloud level of 13119, could see a rebound at cloud levels and a rally to retest old highs.

FTSE100: Steady grind higher after breakout!

FTSE100: Steady grind higher after breakout!
So far so good, steady grind higher, watching the MACD signal closely for the profit taking signal! Index is up 328 points since the cloud chart buy signal!

Front end of the cloud is a key support zone for this rally!

Bitcoin USD: Floating around just above cloud support zone!

Bitcoin USD: Floating around just above cloud support zone at the bottom end of the  cloud. cloud span B, 12571 is a key support zone! Looking for a rebound here if support holds around this zone!

Bitcoin USD in trouble, lost support at top of cloud!

Bitcoin USD in trouble, lost support at top end cloud chart support zone. Now at risk of looking for support at bottom end of the cloud chart support zone! (Cloud Span B) Levels to watch for a potential rebound if support comes in at these levels are 12610/12524 support levels!

Bitcoin BTCUSD Fighting hard for support at top cloud support zone!

Bitcoin BTCUSD Fighting hard for support at top cloud chart support zone! Potential rebound zone if support holds at this level!

Dow Jones 30 Index: Steady grind higher, with cloud support!

Dow Jones 30 Index: Steady grind higher, with cloud support!

Steady grind higher with cloud chart support at front end of the cloud: 24878!
The DJI index is up 3244 points since the September 2017 cloud chart buy signal!
So far so good, but watching closely for any consolidation at these elevated levels!

FTSE 100: Slow grind higher after breakout!

FTSE 100: Slow grind higher after breakout!
Index is up more than 395 points since the buy signal!

Watching closely for consolidation after this breakout!

Xetra Dax Rebounded, now old high is new resistance zone!

Xetra Dax rebounded from old cloud chart support levels, and old lows. Now close to old high of 13525 , a key resistance zone! Been a good rebound rally, but consolidation risk at old high remain in place.

Dax trade is up more than 470 points since the cloud chart buy signal!

G10FX Review January 4th 2018

GBPUSD: Close to key resistance zone at 1.36!

GBPUSD: Close to key resistane zone at 1.36!

Had a great little rally so far, now looking at taking profit around the 1.36 resistance zone!

EURUSD: Rally running into resistance at 1.20 zone!

EURUSD: Rally running into resistance at 1.20 zone!
Been a good few points since the cloud chart buy signal, now looking at taking profit off the table as its closer to a key resistance zone!

S&P 500: Looking for a breakout past old high resistance!

S&P 500: Looking for a breakout past old high resistance! Critical week ahead, as old highs remain a key resistance zone. Front end of the cloud is a key support zone in this rally!

Been a strong rally since the cloud chart buy signal back at 2460 level.

So far so good as they say.

Nasdaq Comp: Hit 7000 again! Need to see a follow-through!

Nasdaq Comp: Hit 7000 again! Trying to breakout past old resistance level, Need to see a follow-through of this rally breakout attempt.
Front end of the cloud remain a key support zone in this Q1 rally.

German Xetra Dax in trouble, trading below the cloud!

German Xetra Dax in trouble, trading below the cloud! Lost support at bottom end of the cloud!
Watching to see what the index will do around the old support level of 12798.

Overall outlook is now negative since price action is taking place below the cloud! Need to be above the cloud to be positive.

Watching for a rebound at support zone!

FTSE100: Need to see that follow-through post breakout!

FTSE100: Need to see that follow-through after this most recent resistance breakout, 7580 new support zone!

Dow Jones 30 Index: consolidation risk towards top end cloud support!

Dow Jones 30 Index: consolidation risk towards top end cloud support!

Steady grind higher, with consolidation risk towards top end of the front end of the cloud at 24490 support zone! Note MACD profit taking signal, now need to see the next breakout higher after a rebound from cloud chart support.

Bitcoin USD: fighting hard for support at top end of cloud!

Bitcoin USD: fighting hard for support at top end of cloud chart support zones! Potential rebound zones!

Happy new year, may 2018 be a great year!

Happy new year to you all! May it be a really great 2018 of health, wealth and happiness.

Remember: The struggle you are in today is developing the strength you need for tomorrow!

All the best for 2018!