Wednesday, 26 June 2019

BTC: Bitcoin fighting old cloud chart resistance at 12613/12504 resistance zones!

BTC: Bitcoin fighting old cloud chart resistance at 12613/12504 resistance zones!

BTC broke past top end cloud chart resistance at 11282. I used this opportunity to sell some coins since its up more than 200% since the cloud support buy signal.

Now its up more than 250% and fighting another old cloud chart resistance zone at 12613! Took more profits around these levels!




Need to see another breakout past this resistance zone to be very bullish!

Monday, 24 June 2019

BTC: Bitcoin up more than 200% since buy signal. Sold at key resistance zone of 11282!

BTC: Bitcoin up more than 200% since buy signal. Sold at key resistance zone of 11282!

Took profits at top end cloud chart resistance zone target on the weekly cloud chart. Looking for the consolidation now, and then the next signal to trade!


Its been a great rally so far, but now need to see a consolidation!


Friday, 21 June 2019

DJI: Dow up more than 1900 points since cloud chart support rebound!

DJI: Dow up more than 1900 points/7.7% since cloud chart support rebound buy signal.
So far so good broke past old resistance levels of April. Do expect a consolidation of recent moves and a re-test of old resistance for new support zone! Taking some profit off the table here!


Bitcoin BTC up 174% since buy signal, now reaching resistance targets:9836/10087!

Bitcoin BTC up 174% since buy signal, now reaching resistance targets:9836/10087!

The next two targets to take out are 9836 then 10087, with the ultimate top end cloud chart target of 11282!

Critical time ahead, but looking to take some profit off the table around these resistance targets!


Tuesday, 18 June 2019

WTI: Light Crude heading towards next key cloud chart support level $50!

WTI: Light Crude heading towards next key cloud chart support level $50!

Looking out for a potential rebound at this support level if support comes into the market at this key cloud chart support zone!


FTSE100: Range bound for now between 7400/7300! Need a breakout either way!

FTSE100: Range bound for now between 7400/7300! Need a breakout either way!

Cloud resistance at top end of the cloud is at 7400!
Support at front cloud level of 7300!
Need to see a breakout either way for next up or down trend to take place.


Sunday, 16 June 2019

BTC: Having a big rally but getting closer to key cloud chart resistance zone at 9836/10087!

BTC: Having a big rally now but getting closer to key cloud chart resistance zone at 9836/10087!

BTC is up more than 146% since the buy signal, now getting closer to major profit taking zone at the bottom end cloud chart resistance zones of 9836/10087!



IF BTC manages to break past these levels the top end cloud chart resistance zone is the next key resistance zone! But I do expect some profit taking at these elevated levels. Its been a great rally since the buy signal!


Thursday, 13 June 2019

GBPUSD: On its way to test support at 1.2660 key cloud chart level!

GBPUSD: On its way to test support at 1.2660 key cloud chart level!

Potential for a rebound at this key cloud chart level.


Wednesday, 12 June 2019

WTI: Trending lower with next key cloud chart support level at $50!

WTI: Trending lower with next key cloud chart support level at $50!

WTI is now down more than 20% since the sell signal at $65. It failed to find support at two other cloud chart support zones of $58/$55.
Next key support target is around the $50.11 zone!

Tuesday, 11 June 2019

DJI: Fantastic rebound so far, with top end cloud chart as next key resistance zone to test: 26270!

DJI: Fantastic rebound so far, with top end cloud chart as next key resistance zone to test: 26270!

Bottom of cloud at 25948 is now a new support zone as the DJI blasted past this resistance zone!


Monday, 10 June 2019

Xetra Dax Index: Rebounded from cloud support! Heading to top cloud resistance:12139!

Xetra Dax Index: Rebounded from cloud support of 11661!
Heading to top cloud resistance:12139! Up more than 400 points since cloud chart rebound!

FTSE100: Rebounded from old cloud support level, on its way to top end cloud resistance:7400!

FTSE100: Rebounded from old cloud support level 7083 now on its way to top end cloud resistance:7400! Next key resistance zone on the daily cloud chart.


Thursday, 6 June 2019

Nasdaq 100: NDX Index rebounded from old support levels, bottom of cloud next target!

Nasdaq 100: NDX Index rebounded from old support levels, bottom of cloud next target!

NDX rebounded from old support at 6940! So far so good! Now the next resistance target is the bottom end cloud chart resistance zone at 7400!



Short-term targets are 7275/7300!





Tuesday, 4 June 2019

NDX100: down more than 700 points since sell signal, now looking to test cloud support!

NDX100: down more than 700 points since sell signal, now looking to test cloud support!

Critical week ahead as the NDX tested a old support low around the 6940 zone! Critical to get a rebound from this support level this week!


Looking at the weekly cloud chart:6940 support zone is at the top end of the weekly cloud! Could see a relief rally from there since the index is down  for 6 weeks now!


Monday, 3 June 2019

DAX Outlook bearish as price sliced past cloud support!

DAX Outlook bearish as price sliced past cloud support! Index down 650 points since sell signal above the cloud!
Critical week ahead for support to come in at cloud chart level, if not, we heading lower!




FTSE100: Locked in bear market territory! Trading below the cloud!

FTSE100: Locked in bear market territory! Trading below the cloud!

Next support target 7052, bottom  cloud chart support zone! Index down more than 360 points since the sell signal above the cloud!

Price action below the cloud confirms bearish outlook for now!