UnknownUnicorn2034381

UnknownUnicorn2034381

With an all technical perspective, the spy has formed three tops within the last 6 months with less bullish sentiment. On a weekly chart we can see spectacular RSI Divergence and a Doji Star. I think this is a very good risk/reward scenario for considering a short position in spy. The Entry Could be around the close of the doji and a stoploss if it breaks above...

UnknownUnicorn2034381

Looks like we have a classic cup and handle formed. We had Volume dry-up on the way down and in the bottom of the cup and shaked the weak hands out. Then followed by lots of volume on the way up and dry-up again through the handle of the cup. To minimize risk we need to to wait for volume to increase and break the resistance at the high of the cup and then the...

UnknownUnicorn2034381

It seems like gold is in for a small correction and breaking out of the uptrend channel to test the major support line at 1305 which is also around fib 0.236 after making a bottom back in august 18, before heading back towards the major resistance at 1360

UnknownUnicorn2034381

Aker Bp have made an retracement back to fib 0.618 after a huge drop. It seems it has reached it's top for now, a lot of candles with long wicks is forming. There is also showing bearish divergence on the daily RSI. First target is at the support line price 278.6 after that we might see a bounce to 292.8 before heading to fib 0.382, price 267.2. Trade with care,...

UnknownUnicorn2034381 Updated 

Hey, as you can see there is a huge divergence on the weekly chart. RSI has been going down while the chart continues up and now is at an all time high, I would be extremely careful if taking a long position and RSI has reached an overbought rating at 74 on the daily . I'll let the chart speak it self and go into a short position in the near...

UnknownUnicorn2034381

If Jeudan makes a further correction, we could see a possible bounce of the trendline and fibonacci 0.382 at 792 kr. If it breaks the trendline, a long position could be taken at the next support line and fibonacci 0.618 between 646 - 632. Trade with care and have fuun