S&P500: Algo fired a buy signal, slow recovery expected!
Market is starting to show signs of a retracement trade. Downside risk remain high!
The Algo fired a buy signal on the daily, but the weekly chart still got a long way to go!
Monday, 30 March 2020
Xetra Dax: The Algo fired a buy signal recently, but downside risk remain high!
Xetra Dax: The Algo fired a buy signal recently, but downside risk remain high!
Recovery will be a slow grind I would think. Short-term relief rally possible, but risk remain!
Recovery will be a slow grind I would think. Short-term relief rally possible, but risk remain!
FTSE100: The Algo fired a buy signal, downside risk remain high!
FTSE100: The Algo fired a buy signal! But downside risk remain high!
Short-term relief rally possible, but the recovery will be a long grind!
Short-term relief rally possible, but the recovery will be a long grind!
Wednesday, 25 March 2020
FTSE100: The Cloud Chart trading algorithm close to a buy signal, but we not there yet!
Cloud chart algo close to a new buy signal! But we not out the woods yet!
The Cloud Chart trading algorithm that generated a sell signal before the 33% drop in the market is now starting to show that we might be close to a new buy signal for a relief rally. So far the price action over the last few days have been encouraging, with the FTSE100 rebounding about 13% from a key cloud chat support zone!
Watching for the next signal this week to see if its time to get back in for a long term!
The short term swing trade is up by more than 676 points already!
The Cloud Chart trading algorithm that generated a sell signal before the 33% drop in the market is now starting to show that we might be close to a new buy signal for a relief rally. So far the price action over the last few days have been encouraging, with the FTSE100 rebounding about 13% from a key cloud chat support zone!
Watching for the next signal this week to see if its time to get back in for a long term!
The short term swing trade is up by more than 676 points already!
Xetra Dax 30 Index: Cloud chart algo close to a new buy signal! But we not out the woods yet!
Xetra Dax 30 Index: Cloud chart algo close to a new buy signal! But we not out the woods yet!
The Cloud Chart Trading Algo that generated a signal before the 36% drop in the market is now starting to show that we might be close to a new buy signal for a relief rally. So far the price action over the last few days have been encouraging, with the Dax rebounding about 18% from a key cloud chat support zone!
Watching for the next signal this week to see if its time to get back in for a long term!
The short term swing trade is up by more than 1500 points already!
The Cloud Chart Trading Algo that generated a signal before the 36% drop in the market is now starting to show that we might be close to a new buy signal for a relief rally. So far the price action over the last few days have been encouraging, with the Dax rebounding about 18% from a key cloud chat support zone!
Watching for the next signal this week to see if its time to get back in for a long term!
The short term swing trade is up by more than 1500 points already!
DJI: Dow Jones index managed to rebound from old cloud chart support zone: 18906!
DJI: Dow Jones index managed to rebound from old cloud chart support zone: 18906!
Index is not out the woods yet, but so far encouraging price action!
The bottom end of the cloud is now a new resistance zone, and the DJI need to break past this level as well: 20971!
As long as price action is below the bottom end of the cloud we will remain in a bear market! Need to be at least above the bottom end of the cloud for a new market rally to emerge!
Index is not out the woods yet, but so far encouraging price action!
The bottom end of the cloud is now a new resistance zone, and the DJI need to break past this level as well: 20971!
As long as price action is below the bottom end of the cloud we will remain in a bear market! Need to be at least above the bottom end of the cloud for a new market rally to emerge!
Friday, 20 March 2020
S&P500: Fighting hard for support at bottom end monthly cloud chart support zone:2306/2374!
S&P500: Fighting hard for support at bottom end monthly cloud chart support zone:2306/2374!
Potential rebound zone if support holds! Index is down almost 30% since the sell signal!
Potential rebound zone if support holds! Index is down almost 30% since the sell signal!
Xetra DAX: Testing for support at 8672! Potential rebound zone!
Xetra DAX: Testing for support at 8672, old monthly cloud chart support zone! Potential for a short relief rally from here if support holds.
If support fails, then more downside towards next support zone: 7501!
If support fails, then more downside towards next support zone: 7501!
FTSE100: Testing support at monthly cloud chart support zone:5108/4784!
FTSE100: Testing support at monthly cloud chart support zone:5108/4784!
Potential rebound zone if support holds!
Potential rebound zone if support holds!
Tuesday, 17 March 2020
Bear market roaring ahead in the DJI, S&P500 & NDX!
Bear market roaring ahead in the DJI, S&P500 & NDX! Not out the woods yet, but my algorithms caught the correction just in time!
Outlook remain bearish, but we getting closer to a relief rally!
Monday, 16 March 2020
S&P500 Index: Fighting hard for support at top end of the monthly cloud chart!: 2490!
S&P500 Index: Fighting hard for support at top end of the monthly cloud chart!Critical support zone being tested at 2490! Make of break week ahead!
So far the S$P500 is down more than 25% (-877) points since the sell signal above the cloud!
So far the S$P500 is down more than 25% (-877) points since the sell signal above the cloud!
Thursday, 12 March 2020
DJI: Hit the downside target, next target :22319!
Dow Jones Index: DJI: Hit the downside target of 23851, , next target :22319!
Price action is below the cloud and this is bearish!
Price action is below the cloud and this is bearish!
Wednesday, 11 March 2020
BTC: Bitcoin: down more than 22% since sell signal! Outlook remain bearish!
BTC: Bitcoin: down more than 22%, -2321 since sell signal! Outlook remain bearish!
There was a lovely sell signal at the 10200 resistance zone!
Next support target : 7766, if support fails, then next level to test: 7405/7096!
There was a lovely sell signal at the 10200 resistance zone!
Next support target : 7766, if support fails, then next level to test: 7405/7096!
Tuesday, 10 March 2020
DJI: Down Jones Index down more than 18%/5445 points since sell signal!
DJI: Down Jones Index down more than 18%/5445 points since sell signal! Now its on its way to test support at old cloud chart support zones of 23834/23503! Looking for a potential rebound around these levels!
S&P500: SPX down more than 18% since the sell signal above the cloud! Nearing rebound zone: 2686!
S&P500: SPX down more than 18% since the sell signal above the cloud! Nearing rebound zone: 2686!
SPX is down more than 620 points since the sell signal!
Looking for a potential rebound in and around the old cloud chart support zone of 2686!
This is a much needed corredction in a market thats been over valued for a while!
There is downside risk to the bottom end support zone of the cloud chart at 2686!
SPX is down more than 620 points since the sell signal!
Looking for a potential rebound in and around the old cloud chart support zone of 2686!
This is a much needed corredction in a market thats been over valued for a while!
There is downside risk to the bottom end support zone of the cloud chart at 2686!
Xetra Dax: Down 22% since the sell signal! Nearing rebound potential support zone:10556
Xetra Dax: Down 22% since the sell signal! Nearing rebound potential support zone: 10384/10556! These are old cloud chart support zones! Potential zone for a rebound. The Dax is down more than 3000 points since the sell signal!
FTSE100: Down 19%+ since cloud chart sell signal! Now testing new support zone:5965!
FTSE100: Down 19%+ since cloud chart sell signal! Now testing new support zone:5965! Critical week for a potential rebound after this correction!
Rebound zone: 5965/5705, rebound from old cloud chart support zones!
FTSE100 is down more than 1400 points since sell signal!
Rebound zone: 5965/5705, rebound from old cloud chart support zones!
FTSE100 is down more than 1400 points since sell signal!
Monday, 2 March 2020
SPX: S&P500 Fighting hard for support at 2905 top end cloud chart support zone!
SPX: S&P500 Fighting hard for support at 2905 top end cloud chart support zone!
SPX rebounded from top end cloud chart support zone at around 2905 zone! Critical to see if we will see a support follow-through at the top end cloud support zone!
Potential for a rebound at this top end cloud support. If support fails, then the next target will be at the bottom end of the cloud: 2687
Critical week ahead!
SPX rebounded from top end cloud chart support zone at around 2905 zone! Critical to see if we will see a support follow-through at the top end cloud support zone!
Potential for a rebound at this top end cloud support. If support fails, then the next target will be at the bottom end of the cloud: 2687
Critical week ahead!
Xetra Dax 30: Fighting hard for support at cloud chart levels: 11748/11935!
Xetra Dax 30: Fighting hard for support at cloud chart levels: 11748/11935! Rebound potential here but we not out the woods yet in terms of risk! Looking for a relief rally rebound from these old cloud chart support zones!
FTSE100: Rebound potential as FTSE fighting for support at old cloud chart zone!
FTSE100: Rebound potential as FTSE fighting for support at old cloud chart zone of 6617/6686!! But we not out the woods yet here! Downside risk remain high!
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