25
MAY
2015

EURUSD: Review Of The Technical / Elliott Wave Pattern

Monthly time frame: Observable facts: From the March 1985 the EURUSD has been moving within the boundaries of a channel The decline from the July 2008 is corrective but there is no technical indication that it is over The next support is located at the trend line from the March...
24
MAY
2015

SP500: Follow Up Of The Terminal Pattern

          Monthly time frame: The rally from the March 2009 is aging but  there is no indication of a top yet. So far  from the March 2009 low SP500 is up 220% The 10 month moving average can be used as a simple rule in order to delimit a bullish cycle...
10
MAY
2015

DAX: Review Of the Technical / Elliott Wave Pattern

The negative price action is suggesting that a larger decline is in the cards Monthly time frame: The long-term chart is clearly bullish (Higher highs / higher lows)  
01
MAY
2015

Russell 2000 etf (IWM): Cracking The Trend

Monthly time frame: Since the 2009 IWM (Russell 2000 etf) has been rising within the boundaries of a rising channel The advance from the October 2014 has stalled and been rejected for the second consecutive month at the upper Bollinger band (We have two potential reversal...
24
APR
2015

Setup Watchlist: FB-XLU-GLD

1. FB (Facebook) : Short Setup Weekly time frame: As suggested in my last update of FB there is a potential ending pattern in play So far we have an ugly weekly Shooting Star If the support at 80.44 does not hold the wedge would have truncated and odds would favor a potential...
19
APR
2015

SPX: Another Failed Breakout

The trend line that connects the three lower highs from the March top is resulting to be the “bete noire” for the bulls. SPX has failed once again a break out and on Friday it has lost once again the 50 dma falling back at the range mid-point Two questions: 1. Does...
07
APR
2015

Setup Watchlist: TSLA

TSLA (Tesla Mtrs.): Long Setup Weekly time frame: From the September high price has unfolded a corrective pattern Is the correction over ? The MACD histogram is displaying a positive divergence A sustainable bottom needs a MACD signal cross So far the large weekly gap up is a...
24
MAR
2015

Setup Watchlist: S-USO-TSLA

1. S (Sprint Corp): Long setup Daily time frame: Price has been forming a tight pattern that could have shaped a Bullish Flag Yesterday´s wide range candlestick may be the ignition to a move higher If the Bullish Flag pans out the target could be located in the range of  the...
09
MAR
2015

Setup Watchlist: NFLX-GOOGL-ADBE-SCO

1. NFLX (Neflix): Short Setup I went short last Thursdays Weekly time frame: Rejection at the ATH reached on September with a similar candlestick sequence If price does not hold the support located at 437 the range of the 0.382 – 0.5 retracement should come into play...
10
FEB
2015

XLE: Long Setup Watchlist

Weekly time frame: We could make the case that price completed a Falling wedge (On January 14) Maybe we could count a Zig Zag from the June 2014 high The weekly MACD is displaying a bullish cross Based upon the potential falling wedge odds should favor at least a large...

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