TWT Analysis

TARGET IMAGE

Monthly time frame: The impressive bottoming tail is suggesting a pause within a likely larger correction, although with one day left to end the month of February the countertrend rally has not prevented the bearish cross of the 10 mma below the 20 mma Probably we should expect a larger rebound before SP 500 resumes […]

GLIMMER OF HOPE IMAGE

Monthly time frame: Likewise major stock indices the decline is corrective and the slope of the 10 mma is negative, which is suggesting that the trend is down and the DAX is at least retracing the advance from the September 2011 low Since the pattern from the April 2015 is most likely not completed yet, […]

FRAGILE IMMAGE

Monthly time frame: This is an ugly chart The Stoxx 600 Banks Index has not even been able to reclaim the 0.382 retracement of crash from the 2007 Top Price is now in no man´s land with the risk of a retest of the 2011 low at 114 if a bottom is not established soon

DICEY IMAGE

  Weekly time frame: Oil is probably in a bottoming phase (I don´t know if  THE BOTTOM or tradable bottom that will retrace the decline from the May high) The decline from the summer 2015 high could have formed a Falling Wedge If the Wedge plays out the rally should be sharp even if it […]

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