S&P500: SPX index broke past 3000 but did not close above that level. Now need to see a strong follow-through!
Earnings season will determine if this rally will be sustained! Old resistance at 2954 should act as the new support zone!
Consolidation risk remain!
Thursday 11 July 2019
Tuesday 9 July 2019
Monday 8 July 2019
FTSE100: At critical cloud chart resistance zone:7544
FTSE100: At critical cloud chart resistance zone:7544, need to see a follow-through of the recent breakout past this resistance zone! Downside consolidation risk remain high at these levels.
Xetra Dax 30: Reversed lower after hitting cloud chart resistance at 12663!
Xetra Dax 30: Reversed lower after hitting cloud chart resistance at 12663!
Reversal/consolidation risk remain high at this key cloud chart resistance zone!
DAX is up more than 15% since buy signal, now in profit taking zone!
Reversal/consolidation risk remain high at this key cloud chart resistance zone!
DAX is up more than 15% since buy signal, now in profit taking zone!
Tuesday 2 July 2019
DJI: Dow Jones index at new high zone but we need to see a follow-through here!
DJI: Dow Jones index at new high zone but we need to see a follow-through here!
DJI looking to break out of this trading range, but since the new high we need to see an aggressive breakout and follow-through here! Consolidation risk remain.
DJI looking to break out of this trading range, but since the new high we need to see an aggressive breakout and follow-through here! Consolidation risk remain.
Monday 1 July 2019
Xetra Dax:Strong start for July. Next resistance top cloud level:12663!
Xetra Dax:Strong start for July. Next resistance top cloud level:12663, top end of an old cloud chart resistance zone! Will see if the DAX break past this level on above average volume!
Subscribe to:
Posts (Atom)