Chart of Eur/Usd
eurusd.PNG 25.01KB 43 downloads
Head and Shoulders forming.
Target if neckline breaks.....$1.17 minimum.
Posted 30 April 2013 - 12:07 PM
Chart of Eur/Usd
eurusd.PNG 25.01KB 43 downloads
Head and Shoulders forming.
Target if neckline breaks.....$1.17 minimum.
Posted 26 April 2013 - 03:12 PM
Chart of Crude oil
crude oil.png 16.96KB 52 downloads
Oil followers this one for you.
This is weekly chart.If 300dma gives way on a closing price
then expect a minimum $60.
Posted 26 April 2013 - 02:47 PM
Thanks farouk, for noobs like me, what will happen if it breaks the white line in upward trend.
Jadeb
That will be bullish but it will still have a lot of heat winds overhead.
Posted 26 April 2013 - 12:25 PM
Where you been?
WELCOME BACK!
JOSHUA (BOERE SEUN)
Posted 26 April 2013 - 11:38 AM
Thanks farouk, for noobs like me, what will happen if it breaks the white line in upward trend.
Posted 26 April 2013 - 11:20 AM
Posted 26 April 2013 - 08:30 AM
US, SWISS, JAPAN and many other markets showing huge top formations... coupled with time of the year it is, your regular short term indicators on stocks don't mean much given the volatility. In essence the BIG KLAP is coming soon. look at longer term charts data before entering any longer term longs
Posted 26 April 2013 - 06:53 AM
Howzit farouk! Welcome back!
Posted 25 April 2013 - 03:14 PM
Chart of Dr Copper
copper.png 30.29KB 48 downloads
Its has broken down of its triangle and its in a confirmed correction.
A bounce is expected from oversold oscillators.
Expect more downside soon.
Posted 25 April 2013 - 03:10 PM
Thanks for all the charts and insights farouk!!
A
Chart of S&P
This is the big pic.
The index is reaching highs of 2000 and 2007 and finding a bit of resistance here.
Even if the market breaks this highs,one needs to be very careful so far as bullish
emotions are concerned.
The MACD histograms(yellow) at the bottom of the chart is confirming a very dangerous
set up.The turq lines shows divergences in 2004/2007 which resulted in a major correction.
From 2010/2013 we see the exact same set up so be very careful with emotional longs.
Whenever that 200dma breaks make sure to take decisive action or be prepared to pay an emotional price.
"Never never never give up!"
Posted 25 April 2013 - 02:54 PM
Chart of S&P
sp.PNG 13.29KB 74 downloads
This is the big pic.
The index is reaching highs of 2000 and 2007 and finding a bit of resistance here.
Even if the market breaks this highs,one needs to be very careful so far as bullish
emotions are concerned.
The MACD histograms(yellow) at the bottom of the chart is confirming a very dangerous
set up.The turq lines shows divergences in 2004/2007 which resulted in a major correction.
From 2010/2013 we see the exact same set up so be very careful with emotional longs.
Whenever that 200dma breaks make sure to take decisive action or be prepared to pay an emotional price.
Posted 25 April 2013 - 11:47 AM
Chart of Top 40
40.PNG 21.72KB 97 downloads
Your black downtrendline was breached.......bullish.
Your red line is first resistance.Breached today......bullish.
Your turq lines confirm divergences......bullish.
On the whole a very bullish chart but it needs to break the red and purple MA overhead to become extreamly bullish.Those 50 and 200 MA overhead are now your major resistance.
Posted 25 April 2013 - 10:36 AM
Chart of Silver
silver.PNG 60.84KB 58 downloads
Your blue line was support that was breached and now becomes resistance.
The next support is your red line which is her next target and it will be reached.
Posted 25 April 2013 - 10:35 AM
Chart of Silver
silver.PNG 60.84KB 58 downloads
Your blue line was support that was breached and now becomes resistance.
The next support is your red line which is her next target and it will be reached.