S&P500: Attempting to reverse higher on a P&F chart basis!
Critical week ahead as the S&P500 is trying to conform the upside P&F chart reversal! 3250 is the next target if the market confirms the P&F chart reversal.
Tuesday, 30 June 2020
DJI: Dow made a P&F chart reversal , next upside target 26300!
DJI: Dow made a P&F chart reversal at the E8C moving average. Next upside target 26300!
Beware reversals and consolidation risk close to target levels!
Beware reversals and consolidation risk close to target levels!
Monday, 29 June 2020
Xetra Dax: Consolidating with downside risk to top end of front cloud level:11879!
Xetra Dax: Consolidating with downside risk to top end of front cloud level:11879!
If support fails at that level, then next level of support is the bottom end of the cloud: 11537!
If support fails at that level, then next level of support is the bottom end of the cloud: 11537!
S&P500: Reversed lower after hitting front cloud chart resistance at 3205!
S&P500: Reversed lower after hitting front cloud chart resistance at 3205!
Next downside support targets around 2904/2896 close to front cloud support zone!
Next downside support targets around 2904/2896 close to front cloud support zone!
Wednesday, 24 June 2020
NDX 100: Nasdaq 100 index hit the 10250 P&F chart target! Consolidation risk remain high here!
NDX 100: Nasdaq 100 index hit the 10250 P&F chart target! Consolidation risk remain high here!
FOMOFED rally in full swing, as the NDX100 hit the 10250 P&F chart target! Consolidation risk remain high here! Beware P&F chart reversals at these levels!
FOMOFED rally in full swing, as the NDX100 hit the 10250 P&F chart target! Consolidation risk remain high here! Beware P&F chart reversals at these levels!
Nasdaq Comp IXIC Index hit 10100 P&F target, next target 10150! Consolidation risk here!
Nasdaq Comp IXIC Index hit 10100 P&F target, next target 10150! Consolidation risk remain high here being so close to the targets. Beware any P&F chart reversal signal! Index now in a profit taking zone!
Tuesday, 23 June 2020
Monday, 22 June 2020
Xetra Dax: Stuck in the cloud between two key support and resistance zones!
Xetra Dax: Stuck in the cloud between two key support and resistance zones!
Need a breakout either way here! Breakout above the top end of the cloud will change the cloud chart outlook from bearish to bullish!
A breakout below the bottom cloud support will keep the bearish outlook in place!
Critical week ahead!
Need a breakout either way here! Breakout above the top end of the cloud will change the cloud chart outlook from bearish to bullish!
A breakout below the bottom cloud support will keep the bearish outlook in place!
Critical week ahead!
FTSE100: Fighting hard to get past front cloud resistance zone: 6315!
FTSE100: Fighting hard to get past front cloud resistance zone: 6315!
Need to see a sustained breakout from this resistance zone! If not then the FTSE could be heading back down to 5909 cloud level!
Need to see a sustained breakout from this resistance zone! If not then the FTSE could be heading back down to 5909 cloud level!
Wednesday, 17 June 2020
S&P500: Next target 3205 top end of the front cloud chart level!
S&P500: Next target 3205 top end of the front cloud chart level!
S&P500 managed to regain support at top end of the cloud! Next target is 3205 resistance zone , the front part of the cloud!
S&P500 managed to regain support at top end of the cloud! Next target is 3205 resistance zone , the front part of the cloud!
DJI: Dow Jones Indu Avg Next P&F chart targets are 27600/28200!
DJI: Dow Jones Indu Avg Next P&F chart targets are 27600/28200!
DJI made a key P&F chart reversal and is on its way to the next P&F chart target 27600! Breaking past that level will activate the next P&F chart target of 28200, but not before we get to 27600 breakout!
Consolidation risk remain high close to the P&F chart target! Beware P&F chart reversals!
DJI made a key P&F chart reversal and is on its way to the next P&F chart target 27600! Breaking past that level will activate the next P&F chart target of 28200, but not before we get to 27600 breakout!
Consolidation risk remain high close to the P&F chart target! Beware P&F chart reversals!
S&P500: Next P&F chart target: 3250/3275!
S&P500: Next P&F chart target: 3250/3275!
S&P reversed higher after finding support, and the next P&F chart target is 3250 to 3275!
Beware any P&F chart reversal when the S&P gets closer to these targets!
S&P reversed higher after finding support, and the next P&F chart target is 3250 to 3275!
Beware any P&F chart reversal when the S&P gets closer to these targets!
Tuesday, 16 June 2020
NASDAQ-100: Artificial Intelligence generated some great trading signals!
NASDAQ-100: Artificial Intelligence generated some great trading signals on the NASDAQ-100.
Looking for the next AI profit taking signal the NDX!
Looking for the next AI profit taking signal the NDX!
SPY: S&P500 Artificial intelligence generated some great signals on the S&P500!
SPY: S&P500 Artificial intelligence generated some great signals on the S&P500!
Waiting to see when the profit taking signal will come next! AI & Algo's a great way to trade!
Waiting to see when the profit taking signal will come next! AI & Algo's a great way to trade!
S&P500: Found support at the cloud chart base line, rebounded from 2999 zone!
S&P500: Found support at the cloud chart base line, rebounded from 2999 zone!
Critical week ahead for a follow-through of this support test and rebound! Next key resistance zone 3116/3124!
Critical week ahead for a follow-through of this support test and rebound! Next key resistance zone 3116/3124!
Monday, 15 June 2020
S&P500: Reversed lower after hitting upside resistance target zone 3200!
S&P500: Reversed lower after hitting upside resistance target zone 3200!
The index hit the downside support target of 3057, and is racing down to the next target zone:2923/2904!
Critical week ahead, potential rebound at key support levels!
The index hit the downside support target of 3057, and is racing down to the next target zone:2923/2904!
Critical week ahead, potential rebound at key support levels!
Friday, 12 June 2020
Xetra Dax: Failed to find support at top end of the cloud! Testing 11828 for new support zone!
Xetra Dax: Failed to find support at top end of the cloud! Testing 11828 for new support zone!
After a strong rally of almost 4000 points, the DAX tested the top part of the cloud for support, but it failed, and now the Dax is trying to rebound from the bottom end cloud chart support zone! Critical for the index to remain above 11828 support zone!If support fails here then more downside to next front cloud support zone of 11025/10385!
After a strong rally of almost 4000 points, the DAX tested the top part of the cloud for support, but it failed, and now the Dax is trying to rebound from the bottom end cloud chart support zone! Critical for the index to remain above 11828 support zone!If support fails here then more downside to next front cloud support zone of 11025/10385!
FTSE100: Failed to find support above front cloud resistance zone of 6315!
FTSE100: Failed to find support above front cloud resistance zone of 6315!
Price action below the cloud, remains bearish long-term on weekly cloud chart.
The daily cloud chart:
FTSE100 failed to find support at the top end of the daily cloud: 6225! This level is now a new resistance zone, and downside support target is around the bottom end of the cloud at 5876!
If support holds at that level could see a rebound from the bottom end of the cloud! If support fails, then expect more downside to the next support zone of 5525!
Price action below the cloud, remains bearish long-term on weekly cloud chart.
The daily cloud chart:
FTSE100 failed to find support at the top end of the daily cloud: 6225! This level is now a new resistance zone, and downside support target is around the bottom end of the cloud at 5876!
If support holds at that level could see a rebound from the bottom end of the cloud! If support fails, then expect more downside to the next support zone of 5525!
Thursday, 11 June 2020
TSLA: Tesla hit the 1020 P&F chart target! Consolidation risk high here!
TSLA: Tesla hit the 1020 P&F chart target! Consolidation/reversal risk high here!
TSLA is up more than 40% since the most recent P&F chart buy signal!
TSLA is up more than 40% since the most recent P&F chart buy signal!
Wednesday, 10 June 2020
Bitcoin BTCUSD: at a critical P&F chart breakout zone: Target 10500!
BTCUSD: Critical week ahead! If BTC can break past the 10K on a P&F chart basis it will activate the next P&F chart target of 10500, and then a higher target of 11400!
If the breakout fails and BTC reverses lower on a P&F chart basis then the downside targets are : 8900/8700!
If the breakout fails and BTC reverses lower on a P&F chart basis then the downside targets are : 8900/8700!
Monday, 8 June 2020
Xetra Dax: Fighting hard for support at top end cloud chart support zone!
Xetra Dax: Fighting hard for support at top end cloud chart support zone!
If support fails then the Dax could retest the bottom cloud for support. If support holds, then the Dax could test the next resistance zone the front end cloud chart level of 13024!
Critical week ahead!
If support fails then the Dax could retest the bottom cloud for support. If support holds, then the Dax could test the next resistance zone the front end cloud chart level of 13024!
Critical week ahead!
S&P500: Reached the top front cloud target zone of 3200! Consolidation risk remain high here!
S&P500: Reached the top front cloud target zone of 3200! Consolidation risk remain high here!
Critical week ahead for the S&P to remain above this front cloud resistance zone, to test it for support. If support holds index should get to the next key level of 3393!
If support fails the index could drop back to bottom end of front cloud support zone of 3057!
Critical week ahead!
Critical week ahead for the S&P to remain above this front cloud resistance zone, to test it for support. If support holds index should get to the next key level of 3393!
If support fails the index could drop back to bottom end of front cloud support zone of 3057!
Critical week ahead!
Thursday, 4 June 2020
FTSE100: Blasted past resistance at a key cloud chart level: 6315!
FTSE100: Blasted past resistance at a key cloud chart level: 6315!
FTSE managed to break past this level, but it needs to test this level for support , if support fails then there is more downside risk. If support holds at this front cloud chart support zone, then the rally should continue. Critical week ahead!
FTSE managed to break past this level, but it needs to test this level for support , if support fails then there is more downside risk. If support holds at this front cloud chart support zone, then the rally should continue. Critical week ahead!
Xetra Dax: Close to top cloud resistance target of 12529!
Xetra Dax: Close to top cloud resistance target of 12529!
Dax rally getting closer to top end cloud chart resistance zone! Critical week ahead to see if it will break past this level as well, or consolidate at this resistance zone!
Dax rally getting closer to top end cloud chart resistance zone! Critical week ahead to see if it will break past this level as well, or consolidate at this resistance zone!
Wednesday, 3 June 2020
S&P500: Broke past cloud resistance. Next target 3100/3205!
S&P500: Broke past cloud resistance. Next target 3100/3205!
So far so good S&P500 broke past top end cloud chart resistance! Next target 3100 to 3205, old resistance levels! But consolidation risks remain high!
So far so good S&P500 broke past top end cloud chart resistance! Next target 3100 to 3205, old resistance levels! But consolidation risks remain high!
NASDAQ-100 NDX Grinding higher towards next target: 9736
NASDAQ-100 NDX Grinding higher towards next target: 9736
NDX managed to get past 9441 cloud chart resistance zone and is set for the next old high of 9736, the next key resistance target! Consolidation /reversal risk remain high at these elevated levels!
NDX managed to get past 9441 cloud chart resistance zone and is set for the next old high of 9736, the next key resistance target! Consolidation /reversal risk remain high at these elevated levels!
Monday, 1 June 2020
FTSE100: Running into key cloud chart resistance zone:6225/6292
FTSE100: Running into key cloud chart resistance zone:6225/6292 at top end of the cloud!
Need to see a breakout past this level to be bullish, price action needs to be above the top end of the cloud level for that! Consolidation risk remain high here if resistance holds, then the FTSE is heading down towards the bottom end of the cloud!
So far the FTSE had a strong bear market rally since the buy signal below the cloud at 5100 zone!
Need to see a breakout past this level to be bullish, price action needs to be above the top end of the cloud level for that! Consolidation risk remain high here if resistance holds, then the FTSE is heading down towards the bottom end of the cloud!
So far the FTSE had a strong bear market rally since the buy signal below the cloud at 5100 zone!
Xetra Dax: Ran into resistance zone at the bottom end of cloud chart:11839!
Xetra Dax: Ran into resistance zone at the bottom end of cloud chart:11839!
Consolidation risk remain high here with price action still below the bottom end of the cloud,and this remains bearish from a cloud chart perspective! For the DAX to be in a bull market the price action needs to be above the cloud! Critical week ahead!
Consolidation risk remain high here with price action still below the bottom end of the cloud,and this remains bearish from a cloud chart perspective! For the DAX to be in a bull market the price action needs to be above the cloud! Critical week ahead!
Subscribe to:
Posts (Atom)