Weekly Charts in Amazon looks like topped as we seen strong counter rally during the end of year 2015. And the weekly bar looks like strong rejection from the peaks which indicates possible buyers are in control. Possibly 696.44 looks like a top so far. www.99trades.com
Infy Weekly Sentiment turned negative post its earnings result. Possibly downtrend could continue in the future.
Weekly Trading Sentiment looks over heated. Good times to get into shorts towards the nearest GAP Zone 657
CNX IT Daily Sentiment is negative and down for the consecutive 11 days. Possibly oversold and could bounce back in the shorter term. However last week earning results on the IT stock made the weekly sentiment to turn down. So the overall bias on the CNX IT stocks are wait for the bounce to happen followed by a sell of as the weekly sentiment shows medium term...
Infy Weekly Sentiment is turning down which indicates a possible down turn in the medium run,
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Recent Uptrend in Gold likely to continue. William VIX Fix too signals a recent bottom in gold
Gold is turning to a pro-long sell mode. last 4 weeks yielded negative weekly returns in gold. It is good to go with the trend rather than trading against it.
Extreme negative Values in DS LPPL confidence Indicator indicates that possible reversal in Gold (Both Long Term and Short Term shows extreme negative values). More info about the bubble indicator here www.marketcalls.in
Its time to stay neural Now. Yes it is a Grown Bubble www.marketcalls.in
Chart shown is monthly charts of Gold. Will mean reversion happen towards 200 Monthly EMA which is currently at $883?
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Here comes the vertical spikes the bubble just getting bigger day by day!
Positive Fisher Transform Crossover will bring more bullishness and probable breakout in the near future towards 600