Crudeoilwti
Buy setupafter that impulse we may see a correction or consolidation i will wait for confirmation to position a buy.
Despues de ese impulso podríamos ver una corrección o una consolidation, voy a esperar confirmacion para posicionar una compra.
USOIL ShortH&S formation , last long has completed .looking for shorts as projected.
Previous Brent analysis d33t3vvu2t2yu5.cloudfront.net
Journey X1 - MovementPossible range movement for the next few days. Keep in mind, this is all before the main event, OPEC decision on the 30th November. Expecting a few calm(er) days, after which a lot of volatility on Tuesday / Wednesday.
Crude Oil- B2C- An Exciting Experience 43$ to 52$ & What Next?Crude Oil- B2C- An Exciting Experience 43$ to 52$ & What Next?
B2C- (B2C) is a business or transactions conducted directly between a company and consumers who are the end-users of its products or services. Yes, Isn't that lucrative for end users why because products reach directly to the consumers - no middleman- no obstructions- no resistance & crude travels b2c from 43$ to 52$ with a double bottom- an important lesson from this crude journey.
What Next- Trading Strategy
Could be a start of the downside move from 52$ High & going below 42$ recent low -likely to continue down-which shall be a trading opportunity, but before that there will small upside push from last week's trading closed at
Crude from 43$ to 52$- Amazing -Later I took this as WXY pattern as it evolved
The bulls didn't have a chance last week!Bulls had a poor try to make a move up, but they didn't even retest the broken structure!
If it BO the support and TL @ 43,16 then we sell it to 39.60.
Like if you agree, follow and support please!
Crude oil at a breaking point?
RSI bullish divergence - Are the retailers maintaining the bullish momentum at the same time as the big players are dumping oil?
The weak retracement in the big picture reveals the underlying selling and the small investors are trying to catch the low.
200 days MA line and weekly structure zoneOil continues its sharp declined that started following a weekly false break to the 50$ handle.
Now Oil is about to test a weekly structure zone and its 200 days MA line.
Interesting support zone to monitor for potential bullish pullback or bullish continuation trade towards OPEC meeting.
SPY 11/04 SUB $209New down trend with black line as resistance line. Still it's down slope. Solid green line is still acting as support line but once it breaks after 11/04 we can go short fully. Looks like start of a new bear market.
YELP 3 HR CHARTwww.fool.com
yelp is a short candidature despite today's bounce up. Yelp is playing a triangle on minor degree. Its called dead cat bounce.
FIT BIT 30 min chartFITBIT LONG TERM CHART
GAP @ $16.60
GAP @ $15.70
Those gaps needs to fill. Plus green solid line is acting as support and also it broke the red bear line. So FIT is a buy.
FIT will go down a bit more like $12.06 and then it will be a buy for till it reaches $16.00 ish to fill the gap.
SPY ELECTION 15 MIN **** SPY ELECTION 15 MIN CHART******
LOWER LIMIT SUB $208
Upper limit max $212
Solid Yellow line is the new resistance line.
Green solid line will act as new support.
Blue horizontal line is election day.
In election day or pre/post we are expecting swing both upside and down side. But heavy on short side 60% and 40% upside. Swings will take place on both side so a good option strategy will be a good one to capture both sides of the moves.
SPY ELECTION UPDATESPY ELECTION UPDATE:
SPY Still trading between red resistance line and the dotted black support line. Even though it tried to break several times the black line but slowly and surely its going down and will breach soon.
SPY upper limit is $214.71 and lower limit is $185.20 (even though it may not reach on pre/post election but the hype will be there)
QQQ HOURLY CHART ELETION UPDATEQQQ HOURLY CHART ELETION UPDATE:
Upper limit is $119.72 and lower limit is 109.12. Unlike SPY QQQ is very strong and doesn't show weakness sign yet in the price chart but technical are weak though. Need good options strategy heavy on the short side and less on the bull side. But looks like it will move either way in pre/post election days.
SPYSPY started going downhill from Aug 15 anyway. Even almost before 3 months. So don't blame election, or Billary or the elephant if stocks tank. It also broke the light green support trend line from 2016 Feb 11th after 2016 oct 13th on multiple occasions.
AMTDwww.bloomberg.com
AMTD still a short candidate. Nothing changed from the chart I published few months back. Just trading a triangle pattern between red and green line. Next support it @ $20ish.
Buying Scottrade will not help them in long term.
ELECTION SPY RANGE $214.71-$209.19***NOTE*** NOTHING HAS CHANGED FROM MY PREVIOUS CAHRT; SPY STILL RANGE TRADING BETWEEN THE RED LINE AND TWO BLACK LINES. CHOPPY SLOW MUSHY RANGE TRADING BUT BECAREFUL!!!
UPDATES:
ELECTION SPY RANGE $214.71-$209.19.
The upper limit is $214.71 and lower limit is $290.19. It will trade both ways on pre & post election so LODS of MULA u can make it by rolling out effective options strategy.
The thing is if it hits $209 range; that means new BREA MARKET is here. Doesn't matter who is the President a Bitch or a Elephant. Because in a greater weekly chart it will create a new trend line. And then Dotted black line will act as a resistance.
Crude OpportunityCrude is possibly setting up a nice opportunity. $47 - $48 must hold to see more upside. Use a trigger if price enters the zone.
Volume above average is the secret of this ideaPay attention to the volume average in the period M1 to H4. It indicates the amount of capital invested in selling transactions. The red line is the best position to get in.
