28
APR
2015

TZA (Small Cap Bear 3x): Long Setup

TZA: (Small Cap Bear 3x) Weekly time frame: A clear down trend from the October 2014 high is still in play (As long as the trend line is not breached) But the RSI(5) is displaying a positive divergence The last three candlesticks may suggest a basing  activity There is also a...
13
FEB
2015

Setup Watchlist: GDX-VA-ORCL-AAPL

1. GDX (Long watch list) Weekly time frame: It seems probable that the 3-wave up leg off the October low should allow more upside price action So far the current pullback could be forming a Flag As long as the support zone with range 20.40 – 19.90 is not breached the...
18
JAN
2015

SPX: It Is A Tough Environment

A larger bounce until Wednesday is probable afterwards  it will depend on how buyers react to next Thursday´s ECB monetary policy resolution regarding a broader asset purchase plan. As discussed in my last update weekly oscillators are causing uneasiness. This week the...
18
DEC
2014

Relief Rally Or Another “V” Bottom ?

Few Thoughts: Positives: Tuesday´s lod coincides with what can be considered an “enough” oversold Mc Clellan Oscillator. Yesterday sharp rise can be considered the initial stage of a breadth thrust. The reasonable doubts will be cleared once the zero line is reclaimed...
27
NOV
2014

EURUSD: Brewing A Countertrend Rebound

Price could be forming an Ending Diagonal If the Ending Diagonal pans out, from the May high we could count a large 3-wave down leg. Even if it is not impulsive it would be too premature to consider the correction over but a large countertrend rebound could reach the highlighted...
10
NOV
2014

EXXI: Bullish Watch List

(Oil and gas field exploration services) This is a stock that has been decimated, obviously the long-term trend is bearish, but in the shorter-term time frame  there is a potential bullish set up as price could be unfolding either a Flat or a Double Bottom. Even if it is the...
09
NOV
2014

TWTR: Bullish Watch List

The decline from the October 9 has unfolded a 3-wave down leg but the huge gap down on October 28 has seriously damaged the technical outlook of the stock since price is now below all major moving averages (10, 20, 50, 100, 150 and 200 ma). However momentum inidcators are now...
10
JUN
2014

DUST ( Gold Miners Bear 3x ETF): Long Setup

Reason: The decline from the May high may have formed a Falling Wedge (Short-term bullish patern) I don´t know if price is involved in a larger corrective pattern, in which case if the wedge pans out the following sharp rebound will establish a lower high or if it is the...
12
MAY
2014

GOOGL: Bullish Set Up

05/16/2014 EOD Follow up : I have been stopped out Entry Date: 05/12/2014; Long 529,37; Exit Date 05/16/2014; Exit price: 525.27 (-0.77%) Bullish Setup published on 05/12/2014 I was not fast enough to buy the gap and go of TNA, instead I bought GOOGL Reason : Potential Double...
10
MAY
2014

EUO (Ultra Short EUR ETF): EUR Bearish Watchlist

Undoubtedly I am monitoring the short-term pattern in order to seek an entry-level  in the long side Reason: Completed a Bullish Falling Wedge (Ending Diagonal) An Ending Diagonal can be considered a termination of a larger degree Elliott Wave pattern hence I expect a sharp...

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