Gold clear breakoutGold is trading above its multi year high and considering other global factor looks safe bet to equity for next 1-2 years
ETF market
SPY downpy has continued this rally now for 11 years straight , now it's time to prepare some shorts on it, Most probably in a month or two we can see it down dramatically. And we have hit fib target.
Shorting SPY with SL at 292.75Buy SPY 292 Puts expiring tomorrow at $0.80. Likely to break the support below.
nifty etf - lifetime high nifty bees trading at life time high, showing no fatigue or reversal sign as of now
expecting to hit 1300+ level
hidden bearish divergence This counter rally is running into a hidden bearish divergence. Volume is declining. The trendline breakout didnt bring in a lot of buyers. I expect the stock market to go down, trying to continue it's downtrend.
Going straight back to the all time high without looking back would be very surprising.
Gold in INR terms: Expecting a fall to 2670 levelsThe chart is of Gold ETF of UTI, India. at the moment, moving in a downward wedge. We have a high chance for price to go to 2670 levels which is also where green trend line will support it. We may get a reversal from that level.
POTENTIAL BREAKOUT GOLDBEESStocks nearing 200 day high by 5% & showing consolidation for the past 30 days with volume above 50 day average
GOLDSHAREUptrend in continuation.
Longer term EMAs are intact. MACD crossover happened.
It might give good move.
shortshort @ 272.55
target is open till the blue doesnt cross from below...thru red...
time frame nov 19th 2018
FANG rally is about to end in a pathetic markdownFANG stocks in this capitalization weighted ETF , AMZN, FB, GOOG, GOOGL, NFLX, amount to 35% , hence is a crude, derived , proxy for whats going on in the heavy weights when taken together...
disclaimer... not an investing/trading recommendation
SP500 headed for volatile times before resumption of uptrenddisclaimer...not an investing/trading recommendation
looks like bat is drawn with scale than it appears.. BAT is BATlooks like bat is drawn with scale than it appears.. BAT is a mammal and its living thing it has differnt curves.....
very volatile.. grab money when it gives....
play safe.
Uranium explosion?Uranium prices seems to have contracted and could soon provide a good and strong break out. The possibility of an upside break seems higher.
However, one must remember how this commodity has disappointed investors on several occasions in the past.
MSCI EM - EM index trading channel from Mid march onwardsEM index at top end of recent trading range. No trade - can go either ways
DIA Dowzones Industrial can see more down side lavelDIA Dowzones Industrial can see more down side lavel
High yield credit showing signs of correctionLooks like we head to 84, previous low, This corresponded to the low in SPX too.
Consolidation triangle broken retest done set for sharp downmoveTLT has broken crucial support zones earlier this month and now fter the backtest, is set for a big dowmove till 113.
