FANG+ Index digging into cloud chart support zone!
Aggressive sell-off, digging into the cloud chart support zone! Downside risk to bottom cloud chart zone! Short-term rebound potential from cloud chart support levels!
Wednesday, 28 March 2018
Dow Jones DJI: In trouble, still stuck below the cloud!
DJI 30 index made a rather negative reversal yesterday. Expect old lows to be re-tested for support.
Need to see the index regain some support back up to the cloud level!
Short-term rebound trade from key lows possible!
Medium-term not good picture, since price action is still below the cloud, and that indicates that the downtrend remain in place for now.
Swing trade for any rebound back up to the bottom of the cloud!
Need to see the index regain some support back up to the cloud level!
Short-term rebound trade from key lows possible!
Medium-term not good picture, since price action is still below the cloud, and that indicates that the downtrend remain in place for now.
Swing trade for any rebound back up to the bottom of the cloud!
SP500 Index:Nasty reversal, expect old lows to be re-tested for support
SP500 Index: Nasty reversal, expect old lows to be re-tested for support.
Overall not a good picture since price action is below the cloud! Looking for short-term moves back up to the cloud as the index rebounds from old support levels!
Overall not a good picture since price action is below the cloud! Looking for short-term moves back up to the cloud as the index rebounds from old support levels!
Monday, 26 March 2018
TQQQ: Rebound potential from these old cloud chart support levels!
TQQQ: Rebound potential from these old cloud chart support levels around 138/143!
Expect a rebound from these old cloud chart support levels back up to the bottom end of the cloud over the short term! The TQQQ needs to get back above the cloud for this market to be in an uptrend on a daily basis! That's the key risk from a cloud chart perspective!
Expect a rebound from these old cloud chart support levels back up to the bottom end of the cloud over the short term! The TQQQ needs to get back above the cloud for this market to be in an uptrend on a daily basis! That's the key risk from a cloud chart perspective!
DJI: Dow Jones 30 Index close to cloud support for possible rebound!
DJI: Dow Jones 30 Index close to cloud support for possible rebound!
Price action is below the cloud and this is overall negative.
Rebound potential from old cloud chart support levels at 23320!
Short-term swing trade rally back up to bottom of cloud chart resistance zone!
Price action is below the cloud and this is overall negative.
Rebound potential from old cloud chart support levels at 23320!
Short-term swing trade rally back up to bottom of cloud chart resistance zone!
S&P500 Index close to support for possible rebound!
S&P500 Index close to support for possible rebound!
Index in trouble as price action is below the cloud! Old cloud chart levels are the next key support zones for a possible short-term rebound!
Index in trouble as price action is below the cloud! Old cloud chart levels are the next key support zones for a possible short-term rebound!
Sunday, 25 March 2018
FTSE100: In trouble, lost support at key cloud chart levels!
FTSE100: In trouble, lost support at key cloud chart levels!
The bottom cloud chart level support failed at 7134. Sliced past the 7060 support level as well.
Price action is below the cloud, this is bearish from a cloud chart perspective. Next key support target is at 6688 zone! Bottom of cloud is now new resistance zone!
Its critical for the index to regain support , but this week we will see if support is going to come back in at these levels below the cloud! Short-term swing trade back up to the bottom of the cloud possible. Last week it tested an old cloud chart support level around 6900 zone!
The bottom cloud chart level support failed at 7134. Sliced past the 7060 support level as well.
Price action is below the cloud, this is bearish from a cloud chart perspective. Next key support target is at 6688 zone! Bottom of cloud is now new resistance zone!
Its critical for the index to regain support , but this week we will see if support is going to come back in at these levels below the cloud! Short-term swing trade back up to the bottom of the cloud possible. Last week it tested an old cloud chart support level around 6900 zone!
Xetra Dax: Cloud chart outlook update, critical week ahead!
Xetra Dax: Cloud chart outlook update, critical week ahead!
Dax index lost support at top end of the cloud. There is downside risk now towards next key support zone at bottom end of the cloud level: 11567. Could see a rebound at those levels if support comes in at bottom end of the cloud!
Dax index lost support at top end of the cloud. There is downside risk now towards next key support zone at bottom end of the cloud level: 11567. Could see a rebound at those levels if support comes in at bottom end of the cloud!
Over the short-term there is rebound potential if the index finds support at old support zone of 11868!
Thursday, 22 March 2018
DJI: Dow Jones Industrial Index in trouble as its trading below the cloud!
DJI: Dow Jones Industrial Index in trouble as its trading below the cloud! Old lows are the next key support levels. Downtrend in place since price action is below the cloud!
Looking for potential short-term rebounds at key support levels below the cloud, and with the bottom of cloud a key new resistance zone!
Looking for potential short-term rebounds at key support levels below the cloud, and with the bottom of cloud a key new resistance zone!
TQQQ: sliced past key support zone!
TQQQ sliced pass key support zone at 155, next key level to test for a potential rebound is at 151.67 cloud chart support zone.
Looking for a rebound at these levels when support comes in at bottom of cloud chart level.
Looking for a rebound at these levels when support comes in at bottom of cloud chart level.
Tuesday, 20 March 2018
TQQQ: Looking weak, but do expect support to come in at 155!
TQQQ: Looking weak, but do expect support to come in at 155!
Top end of the cloud is a key support zone for a potential rebound in the TQQQ!
Top end of the cloud is a key support zone for a potential rebound in the TQQQ!
FTSE100: Looking weak, close to 7015 key cloud support zone!
FTSE100: Looking weak, close to 7015 key cloud support zone! FTSE100 index is now down more than 540 points since the cloud chart sell signal above the cloud!
Overall picture is negative if the index remains below the cloud chart resistance zone! Short term rebound is possible if support comes in at the 7015 level!
Overall picture is negative if the index remains below the cloud chart resistance zone! Short term rebound is possible if support comes in at the 7015 level!
Monday, 19 March 2018
Xetra Dax: Lost cloud support at top end of the cloud!
Xetra Dax: Lost cloud support at top end of the cloud! Need to see it regain this level, need to see support come back in at that level, if not, then downside risk towards the bottom end of the cloud support zone! Its a critical week ahead!
DAX daily chart show that we could see old cloud chart support levels being tested. Its been a slow grinding below the cloud. Bottom of cloud is a major resistance zone if support comes back in at these key old cloud chart support levels for a potential rebound!
DAX daily chart show that we could see old cloud chart support levels being tested. Its been a slow grinding below the cloud. Bottom of cloud is a major resistance zone if support comes back in at these key old cloud chart support levels for a potential rebound!
FTSE100: Fighting hard to regain cloud chart support levels!
FTSE100: Fighting hard to regain cloud chart support levels!
Weekly cloud chart indicate that the index is fighting hard to regain support at the bottom end of the cloud! Critical week ahead!!!
Weekly cloud chart indicate that the index is fighting hard to regain support at the bottom end of the cloud! Critical week ahead!!!
Downside risk increases here if the index does not regain support at bottom end of the cloud!
Sunday, 18 March 2018
BTCUSD: 7000 Next key P&F chart support zone!
BTCUSD: 7000 Next key P&F chart support zone!
BTC still consolidating with downside point and figure chart targets of : 7000/6400 and 5800 price targets. Beware a reversal of (200*3=600) to the upside can signal the start of a retracement and new uptrends. But we need to see those P&F chart 600 points reversals!
BTC still consolidating with downside point and figure chart targets of : 7000/6400 and 5800 price targets. Beware a reversal of (200*3=600) to the upside can signal the start of a retracement and new uptrends. But we need to see those P&F chart 600 points reversals!
BTCUSD: Losing support, downside risk: 7505!
BTCUSD: Losing support, downside risk: 7505, and two other levels of 6656/5661 if support fails around key old low levels!
Thursday, 15 March 2018
BTCUSD: Lost support at bottom cloud zone! Old lows next support zones!
BTCUSD: Lost support at bottom cloud zone! Old lows next support zones!
Overall trend remain down since price is trading below the cloud chart zone!
The weekly chart give an idea as to where key support levels are, and the overall top end of the cloud it a major support zone on a weekly cloud chart basis.
BTCUSD: Lost support at 8000 P&F chart target!
BTCUSD: Lost support at 8000 P&F chart target! So far BTC is fighting hard for support at the downside target of 8000. Next target is 6400 on a P&F chart basis.
Looking for support to come in at these P&F chart levels.
Looking for support to come in at these P&F chart levels.
Monday, 12 March 2018
DowJones DJI: Rebound gains momentum!
Dow Jones DJI 30 Index rebound gains momentum after rebounding from old cloud chart support levels of 23581/23960 and 24948. Now the top end of the cloud is the next target resistance zone in this rally at 25971!
S&P500: Rebounded from cloud support, now heading to top cloud for breakout!
S&P500: Rebounded from cloud support, now heading to top cloud for breakout!
Rebounded from cloud chart support buy zones at 2619 and then again at 2715. Now on its way to test for a breakout above cloud chart resistance at 2806! So far so good for this new rally.
Rebounded from cloud chart support buy zones at 2619 and then again at 2715. Now on its way to test for a breakout above cloud chart resistance at 2806! So far so good for this new rally.
Xetra Dax: Rebounded from old support levels!
Xetra Dax: Rebounded from old support levels at 11868. Need to find support at 12408, with next resistance target after that at 12798 if we see a further rebound!
Bottom end of cloud is a key resistance zone!
Bottom end of cloud is a key resistance zone!
FTSE100: Rebounded from old support zone!
FTSE 100 Rebounded from old cloud chart support levels! Now there is the potential to rally back up to bottom cloud chart resistance zones!
Friday, 9 March 2018
TQQQ: Hit 180 target! Need to see a breakout past resistance!
TQQQ: Hit 180 target! Need to see a breakout past resistance! TQQQ hit the first profit target of two entry trades, one at 131, and 155. Key cloud chart support zones!
Expect a consolidation around 180, then we need to see another leg up!
Consolidation risks remain high at key resistance zone!
Expect a consolidation around 180, then we need to see another leg up!
Consolidation risks remain high at key resistance zone!
DJI: Dow Jones index managed to regain support at cloud level!
DJI: Dow Jones index managed to regain support at cloud level! Now need to see a follow-through higher towards the top end of the cloud, the next key resistance zone!
BTCUSD Fighting hard for support at bottom cloud chart support zone!
BTCUSD Fighting hard for support at bottom cloud chart support zone! Rebound potential here if support can come back in at bottom cloud chart support zone!
Tuesday, 6 March 2018
SPX: S&P 500 regained cloud support at critical support zone!
SPX: S&P 500 regained cloud support at critical support zone! After rebounding from old lows, the index managed to close above a key cloud chart level above the bottom end of the cloud! The 2715 is a key cloud support level!
DJI: Dow Jones fighting cloud chart resistance at bottom cloud zone!
DJI: Dow Jones Index fighting cloud chart resistance at bottom cloud zone! The DJI managed to rebound from cloud support level of 24396, and now fighting resistance at bottom cloud chart resistance zone of 24929! Need to see the DJI regain support above bottom end of the cloud level!
Xetra Dax: Fighting for support at old support zone!
Xetra Dax: Rebound potential as the Dax is fighting for support at old lows. Critical for support to come back in at these levels, with the potential for a rally back up to the bottom end of the cloud!
The weekly chart indicate a support zone at 11868, but with downside risk towards bottom end of the cloud at 11567. Watching for the rebound from support levels.
The weekly chart indicate a support zone at 11868, but with downside risk towards bottom end of the cloud at 11567. Watching for the rebound from support levels.
FTSE100: Fighting hard to regain support at criticla level!
FTSE100: Fighting hard to regain support at criticla level! Need to see support come back in above the bottom end of the cloud at 7100 zone! Critical week ahead!
The daily cloud chart indicate that the FTSE100 is testing an old support zone around 7096 zone as well. Critical week for a rebound from these lows!
Sunday, 4 March 2018
Bitcoin USD: Digging into cloud chart resistance!
BTCUSD: Moving deeper into cloud chart resistance. Expect top end cloud chart resistance to be tested. Need to see a breakout past those levels.
Friday, 2 March 2018
Thursday, 1 March 2018
Xetra Dax: Trading close to key support zones!
Xetra Dax: Trading close to key support zones 12218/12065. Could see a rebound close to these levels if support holds!
USDJPY: Fighting hard for support at 106.717!
USDJPY: Fighting hard for support at 106.717, a key cloud chart support level! Could see a rebound from this zone!
NZDUSD: Fighting for support at 0.7195!
NZDUSD: Fighting for support at 0.7195! Could see a short term rebound here if support holds at this previous support zone!
GBPUSD: Outlook remain bearish, support at 1.3699!
GBPUSD: Outlook remain bearish, support at 1.3699 on daily chart. Need to see support come in at cloud chart levels.
GBPUSD: Fighting hard for support at 1.3764 old support zone!
GBP/USD -Fighting hard for support at 1.3764 old support zone! Downside risk to old cloud support zone of 1.3701. Twitter chart update:
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