Тrading diary / Position trading, Swing trading, Daily trading / Technical analysis Дневник / Практическо приложение на технически анализ / Споделяне на идеи
Dec 2, 2024
Update
Holiday in the USA and the indices has not really moved... so just a quick update how completed pattern could look like.
a-b-c with c-wave diagonal.
For me, breakout means double top and newer highs. Just like Bitcoin did yesterday but miserably failed. NDX is still holding above the previous recently highs.
Hello Traders! I have started the Blog with the idea to concentrate on technical analysis and signals. Any questions, ideas, opinions, and comments are welcome.
Здравейте трейдъри! Стартирах блога с цел да се концентрираме върху техническия анализ. Всякакви въпроси, идеи, мнения, коментари са добре дошли.
Have you closed your long DAX position? Regards
ReplyDeleteSorry, I meant short of course
ReplyDeleteNo, still short Dax not full position just 1/3
DeleteLooks like NDX is breaking out after a double top. Doesn't look like a top anymore
ReplyDeleteThere is no break out... learn to read charts.
DeleteFor me, breakout means double top and newer highs. Just like Bitcoin did yesterday but miserably failed. NDX is still holding above the previous recently highs.
DeleteChart above move down to 5200 yet another dream, unless I am misreading the picture
ReplyDeleteToday is 9 count, I think 6100 is the target
ReplyDeleteNothing bearish about these charts so far. If they gonna rugg pull, better do it soon
ReplyDeleteBearish divergent and less money and the upper long term chart
ReplyDeleteLast Wednesday was 5w low?
ReplyDeleteI do not think so, just 20d low now 5w high and turn lower into 5w low
DeleteIt's looks like long forever, Tom Lee think the market is strong, no recession
ReplyDeleteYes, no recession much worse depression.
DeleteNo one can predict it. What is your theory on why there will be depression?
DeleteKrasi, do you mind sharing an updated view on CAC and DAX with potential targets? Thx
ReplyDeleteDAX double zig-zag or impulse with 4-5/c/y/Y left https://invst.ly/17uwse
DeleteCAC looks like completed a-b-c https://invst.ly/17uw-x
I do not have special targets as usual Fibo level+support/resistance+MA... just watching time
krasi. can you do a in-depth on SPX now. it is not dropping at all. this is weird. who is buying this market at this high.
ReplyDeleteNo need for complex analysis, read above - most likely to complete zig-zag and double zig-zag from the August low and that is happening.
DeleteOr everything is according to plan
ReplyDelete