All Blogs
US equities coughed to life as the Congress agreed to spend $7.8 billion to combat the coronavirus on Wednesday. This was three times the amount suggested by President Donald Trump, a kind of surprise needed to boost the investor sentiment nowadays...
Pivot (invalidation): 47.75 Our preference Short positions below 47.75 with targets at 46.75 & 46.45 in extension. Alternative scenario...
Pivot (invalidation): 17.0400 Our preference Long positions above 17.0400 with targets at 17.3300 & 17.4700 in extension. Alternative scenario...
Pivot (invalidation): 1631.00 Our preference Long positions above 1631.00 with targets at 1649.00 & 1660.00 in extension. Alternative scenario...
Pivot (invalidation): 3040.00 Our preference Long positions above 3040.00 with targets at 3176.00 & 3256.00 in extension. Alternative scenario...
Pivot (invalidation): 11906.00 Our preference Long positions above 11906.00 with targets at 12200.00 & 12487.00 in extension. Alternative scenario...
Pivot (invalidation): 6.0660 Our preference Long positions above 6.0660 with targets at 6.1200 & 6.1440 in extension. Alternative scenario...
Pivot (invalidation): 0.6600 Our preference Long positions above 0.6600 with targets at 0.6630 & 0.6645 in extension. Alternative scenario...
Pivot (invalidation): 1.3410 Our preference Short positions below 1.3410 with targets at 1.3380 & 1.3365 in extension. Alternative scenario...
Pivot (invalidation): 0.9580 Our preference Short positions below 0.9580 with targets at 0.9545 & 0.9530 in extension. Alternative scenario...
Pivot (invalidation): 107.70 Our preference Short positions below 107.70 with targets at 107.10 & 106.80 in extension. Alternative scenario...
Pivot (invalidation): 1.2850 Our preference Long positions above 1.2850 with targets at 1.2885 & 1.2900 in extension. Alternative scenario...
Pivot (invalidation): 1.1120 Our preference Long positions above 1.1120 with targets at 1.1150 & 1.1175 in extension. Alternative scenario...
Getting in the Groove – Roller Coaster In my recent article discussing the MACD Stochastic Cross I concentrated on the technical theory behind our Roller Coaster trading strategy...
MACD Stochastic Cross Is Not Enough There are a great deal of interpretations of the “MACD Stochastic Cross” trading strategy and the principle is sound if you have the correct time frame to trade...
WTI crude held ground above $46.50 a barrel, as oil traders remained hopeful that OPEC and its allies could offer a satisfying solution to contain the decline in oil prices at their March 5-6 meeting...
US equities tanked 3% following a surprise 50-basis-point cut from the Federal Reserve (Fed) yesterday...
Pivot (invalidation): 6.0820 Our preference Long positions above 6.0820 with targets at 6.1260 & 6.1550 in extension. Alternative scenario...
Pivot (invalidation): 1626.00 Our preference Long positions above 1626.00 with targets at 1660.00 & 1675.00 in extension. Alternative scenario...
