Tag Archives: Hammer

WEEKLY ANALYSIS 0414

TOO HIGH TO BUY BUT THERE IS NOT A BEARISH SET UP YET Long-term count ===> No change – I maintain the Triple Zig Zag = Wave (X)

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WEEKLY ANALYSIS 0407

I MAINTAIN UNCHANGED THE CALL OF A TEMPORARY TOP Therefore my strategy is to sell the rip.

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EURUSD: Follow Up of the Short Term EWP

BULLISH SHORT-TERM SET UP IF IT WITHSTANDS CYPRUS NEWS Daily momentum indicators are suggesting that price should carry out a larger rebound:

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GDX (Gold Miners ETF )

SOMETHING MORE THAN AN OVERSOLD BOUNCE IS IN THE CARDS ? This is a brief post since I have not yet analyzed properly the EWP but there is a chance of a large rebound due to:

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WEEKLY ANALYSIS 0303

WHICH IS THE PREVAILING CANDLESTICK: THURSDAY´S SHOOTING STAR OF FRIDAY´S HAMMER ? Despite this weekend I have family and friends engagements I have been able to make up a brief update. Lets review the EWP from the November 16 low.

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SPX: Follow Up of the Short Term EWP

BEARISH VIBRATIONS Despite Wednesday´s bullish action, in my opinion there is something odd about it, all the momentum & breath bearish reasons remain in force.

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SPX: Follow Up of the Short Term EWP

This is a brief update (Tomorrow morning I will not be able to post the daily SPX follow up). Today has been a big day for the bulls.  SPX ended with an impressive bullish Hammer.

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SPX: Follow Up of the Short Term EWP

Despite good news from Europe and good US data SPX failed to clear above Friday´s hod extending the up leg from the November 16 lod. The doubts I expressed yesterday regarding the meaning of Monday´s Harami is now leaning towards … Continue reading

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WEEKLY ANALYSIS 1118

Today my daughter is playing a tennis tournament therefore the weekend technical update will be shorter. Last Friday I suggested that price was involved in unfolding a terminal pattern: “Maybe price is unfolding a Triangle that should establish a bottom … Continue reading

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SPX: Follow Up of the Short Term EWP

The rebound is much stronger then I was expecting with price easily recovering above both the 10 & 20 d MA and achieving an eod print above the 0.618 retracement of the down leg off the October 5 lower high. … Continue reading

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