Wednesday, 3 January 2018

S&P 500: Looking for a breakout past old high resistance!

S&P 500: Looking for a breakout past old high resistance! Critical week ahead, as old highs remain a key resistance zone. Front end of the cloud is a key support zone in this rally!

Been a strong rally since the cloud chart buy signal back at 2460 level.

So far so good as they say.


Nasdaq Comp: Hit 7000 again! Need to see a follow-through!

Nasdaq Comp: Hit 7000 again! Trying to breakout past old resistance level, Need to see a follow-through of this rally breakout attempt.
Front end of the cloud remain a key support zone in this Q1 rally.


Tuesday, 2 January 2018

German Xetra Dax in trouble, trading below the cloud!

German Xetra Dax in trouble, trading below the cloud! Lost support at bottom end of the cloud!
Watching to see what the index will do around the old support level of 12798.

Overall outlook is now negative since price action is taking place below the cloud! Need to be above the cloud to be positive.

Watching for a rebound at support zone!


FTSE100: Need to see that follow-through post breakout!

FTSE100: Need to see that follow-through after this most recent resistance breakout, 7580 new support zone!

Dow Jones 30 Index: consolidation risk towards top end cloud support!

Dow Jones 30 Index: consolidation risk towards top end cloud support!

Steady grind higher, with consolidation risk towards top end of the front end of the cloud at 24490 support zone! Note MACD profit taking signal, now need to see the next breakout higher after a rebound from cloud chart support.


Bitcoin USD: fighting hard for support at top end of cloud!

Bitcoin USD: fighting hard for support at top end of cloud chart support zones! Potential rebound zones!


Monday, 1 January 2018

Happy new year, may 2018 be a great year!

Happy new year to you all! May it be a really great 2018 of health, wealth and happiness.

Remember: The struggle you are in today is developing the strength you need for tomorrow!
All the best for 2018!