First thing these companies have in common is that they do not produce any real products, it's all about advertising and big data.
Secondly, they show the same pattern of price after IPO (initial public offering). The pattern that I'm referring to is the following: Facebook drops after the IPO, forms
The S&P500 rose to new All Time Highs today, intraday popping above 2400, but the strange thing is, VIX is also in a pattern of a Higher High and Higher Low since mid FEB. And Interest Rates have come down in Europe for the last couple of weeks, inflow into bonds. Makes
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They better start changing the textbooks we use at my University, as up to now, interest rates were by definition a positive number. That has changed early 2015.
It was early 2015, when the 2 year German Bonds broke the 0% to the downside and rates became negative for the first
Dashboard USA - 7 out of 8 assets is on a LONG signal, bears need 2% downside to trigger new SHORT signals, clearly not there yet so any short position is speculative for now..
It wouldn't surprise me to see the S&P500 2388 by end of February, early March....to stop out
Ben je nieuwsgierig naar hoe het is om op de beurs te handelen, maar weet je niet goed waar je moet beginnen?
Meld je dan nu aan voor de eerstvolgende workshop: "Hoe kan ik beginnen met handelen op de beurs?"
Datum: Zaterdag 8 april 2017
Start: 10.00 uur
Einde: 15.00 uur
Locatie: Enschede (5m lopen
Will Bitcoin reach the $1380 by March 11?
I think it will be one of the currencies of the future, and so far, the majority of visitors think the same. Usually the crowd is wrong :)
Bitcoin 4h chart
Clearly in an uptrend for now, looks like it's set to test $1400 area
What would you prefer, the car or the shares?
I do love the new Model 3 :)
Check out the latest update of the Dashboards!
TESLA - Close to a new SELL signal
Several European stocks are forming Bearish Candle Stick patterns today:
Deutsche Telekom, BMW, Daimler (Shooting Stars) and Barclays (Bearish Engulfing), indicating we should be careful with long positions and expect more downside potential if it doesn't recover into the close.
Check out the latest updates of the Dashboards USA, UK, Germany, Commodities,
The DAX is forming a Cup and Handle Pattern, and is potentially very bullish! But in my view, it needs some time to form the handle before it breaks out to the upside...
A cup and handle is considered a bullish continuation pattern and is used to identify buying opportunities --> if
Below an update of the 4h chart S&P500 vs VIX, both on a LONG signal.
S&P500 stays on a Long signal as long as the close is > 2355 and VIX stays at a Long signal > 11.16. S&P500 new Sell signal if it closes below 2355 on the 4h chart.
More and more, it looks like it's here to stay....hmmm....March 11 vote on possible Bitcoin ETF.
$BTC 4h chart
The only way seems up, $1140 is the level to break. Stay Long > $ 1070-84
I do notice Bearish Divergence in the 4h RSI...might put some pressure on the short term...
The Trend is
The Hang Seng formed a Bearish Candle Stick Pattern, a Bearish Engulfing: opening Higher and closing below the low of the day before.
A new SELL signal is triggered if it closes below 23.700.
Check out the other Dashboards here (S&P500, Nasdaq, DAX, Apple, SAP, Bitcoin, Oil, Gold and Silver....)
The S&P500 tested resistance from green trend line @ 2366, still on a long signal, uptrend. Usually, when it trades below the trend channel and retests the uptrend but fails (so far), then a sell off is coming. But then again, nothing seems to stop this market. At least, that's
S&P500 futures left the green uptrend, and need to close > 2370 to get back inside of the green trend channel. If it breaks 2337 to the downside, then expect 2329 to be tested. A new SELL signal is triggered if the S&P500 closes < 2329, so still 1.5%
The latest update of the European version of the Dashboard "The Trend is our Friend"., U.K. edition.
Some take aways:
FTSE forming a Bearish Candle Stick, HSBC and Barclays too, Banks gapped up and are slowly sold, forming candle sticks that look like Shooting Stars.
And a lot more stocks and markets from Germany, France and
The latest update of the European version of the Dashboard "The Trend is our Friend".
Some take aways:
DAX new BUY Signal if close > 11.838.
Allianz new BUY Signal last Friday, although it formed a Hanging Man and a Gap up.
Volkswagen close to a new SELL, needs to recover today to prevent
Visit this page for a Dashboard of Buy and Sell Signals of several Indices, Stocks, Commodities and Currencies and it will be updated several times a week.
As of FEB 17, I will use 10% of my equity to trade automated signals based on the idea: "The Trend is your Friend".
As of tomorrow, I will use 10% of my equity to trade automated signals based on the idea: "The Trend is your Friend".
What asset category? --> European and American Stocks, Commodities and Currencies.
No leverage, to avoid fees. pre-set entry, stop loss and take profit. No emotions, simply execute the
Today, the S&P500 closed at 2350, +0.6%, a new daily All Time High and VIX went up by 11%....Indeed, also up, showing divergence with the S&P500.
Now, if we combine this with the next Cycle Time Window of FEB 17-23, Bearish Divergence RSI S&P500, Bullish Divergence RSI VIX, Wedge Up Resistance
Bearish Shooting Star after a nice uptrend...last 6 times it led in 4 cases (67%) to a corrective wave....$260 and $250 are key levels to unlock a lot more downside potential...FEB 22 quarterly report
Keep an eye on the $1016, if that breaks to the upside, 1st Target is @ $1070.
RSI showed a Positive Reversal, same as JAN 24 period...same result?
Apple - Needs to recover right now or else it might form a Bearish Shooting Star
S&P500 - 15m chart - Short Term 2329 key level - trend still up > 2320
I just uploaded the latest video analysis of the S&P500 weekly, daily and 4h charts, including a Hammer on the VIX and 3 German Stocks that are on my sell watchlist for today.
You can check it out here: Time and Pattern Trader @ YouTube.
Enjoy the day!
3 German stocks on my SELL watchlist for Monday: FRE.DE SAP.DE EOAN.DE
SAP & Fresenius: Doji
E.On: Shooting Star
Copy my Trades or Follow my Strategy
Ultra Short Term - as in 4h chart - Long > 2311 Short < 2311
Short Term - as in daily chart - Long > 2290 Short < 2290 SL High +1
Medium Term - as in weekly chart - Long > 2200
Long Term - as in monthly chart - Long >
I just posted this analysis on my feed at eToro, and thought you might like it also.
So here's an update on Apple. Feel free to ask questions if you have any!
Enjoy the day!
DAILY CHART APPLE
I'm currently travelling across Europe and had some time left at breakfast to take a look at the charts. I updated two charts: the S&P500 vs VIX and Bitcoin and uploaded these charts here at the News Feed of eToro. Feel free to take a look at it. I like
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European Markets #DAX
Cup and Handle Pattern, smiling at us, a Bullish Continuation Pattern.
Short term: Resistance and sell opportunity 11.900-12.400 (cup), retest 11.300 - 10.700 (handle) and medium term buy the break out >12.400.
Video Update DAX Cup and Handle Stick Pattern
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