The weekly TA action of spx says the market is going to go up, note the following: 1. T1 area was a test to answer the question, "Should we take the market to 100wk MA?", this was a 4 week test, the answer was NO. 2. Once T1 was answered, the market went to T2 quickly, to answer the questions, "Should we take the market above the 20wk and 50wk MA or should we...
The Dow is going to go up, on the weekly chart, there were two tests that the market performed to gather information as to which way to take the market. Test T1 tested the market for 4 weeks (1 month) to see if the market should go lower, the target test price point for T1 was answering the question, "should we take DJI to 100wk MA", the market sentiment answer...
Nokia, long-term, market expectation is to go up if they start delivering on future financial quarterly reports. The TA is saying that the market expectation is that Nokia will start delivering good financials. The 20m (month) just crossed the 50m MA, this is the 1st time since November of 2016, Nokia is trading on the 100m and has been building price support,...
All, Vodafone Group is preparing to go up from 17 to 23 in the time frame from December 2022 to March 2023, given that the market holds and that Vodafone continues to put out good quarterly reports. From 2020 to the present time Vodafone Groups financial quarterly reports have met all financial targets of management turnaround of the company. The stock price of...
Published the major DJI trading lines for the entire history of the Dow Jones Index to help traders when we are possibly at a major crash or bull run point. I Started my lines in 1933 for the Dow cause before that year the DJi was distorted because it was so young.
Vodafone Group is looking real good on the weekly, the 20, 50, 100 wk (weekly) MA's are converging, not shown on this plot but so is the 200wk converging. Vod is likely to break out. Next price target will be the 200m (month) MA, it will take a couple of years to get there though.
All, Silver like gold is possibly making a 42 year old cup & handle pattern. This is more a commentary on that the dollar is in trouble vs silver's value, silver like gold could be predicting that the US dollar will implode. If silver completes the cup and handle we are looking at a target price of 171 to 250 for silver. The fact that both silver and gold are...
Gold is making a 42 year possible Cup and Handle pattern, if it completes this pattern the target price would be around $10,000/ounce. This is more a commentary that the dollar is in trouble rather than on gold's value, we could be looking at the dollar imploding.
Following is the S&P500, be wary, the market is looking to correct, this doesn't mean it will NOT go higher this year or soon, it is showing that the market is getting ahead of itself, meaning money may be taken off the table to both preserve and hedge present market gains. What this says is you should be cautious in your investment, be wary of TA's that ONLY...