spx 60 min
coming into res
into the open
a nice chart of S&P 500 index
price peaked at 1st december
to most..price looks rangebound
but to p/f chartists..slightly different
we had 4 fake...
then we have a first look at p/f set up and try and copy the look of the barchart
see the trend
we have isolated one trend
then we can move around...
great to meet you
Thank you for the beer and wine you bought....
start with isolating the trend
enclosed eurusd 15 min bar chart
a closer look at the latest move down
60 min data
us 30 yield index
eurusd 60 min
risk is off until we break that trend
at this point the trend test lies in 1.2100 area
we could recoil from oversold or bad nfp/fomc...
looks bullish if supp holds
gbpusd 30 min data
audusd 2 hour data
Spx 60 min
do we bounce from that horizontal support ??
gettin ready for a pop or a drop
BABA 60 min
dax 15 min over the last week
qe looks to be coming
care with shorts
it popped and tested the trend..then bounced
we either break higher or test the trend
gbpusd..we got a fake bullish signal before..see previous chart
looking at 4 hour data which gives us the trend down and a couple of trendlines if...
FTSE ready for a pop or a drop
at res now
if it pops then red trendline at 6624 area
if it drops then 6500 area supp/green
breakout point is 6532...
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