Pivot: 2875.00 Our preference:long positions above 2875.00 with targets at 2940.00 & 3000.00 in extension. Alternative scenario:below 2875.00 look for further downside with 2785.00 & 2725.00 as targets. Comment:the RSI is bullish and calls for further upside. The SPX remains…
Pivot: 14.35 Our preference:short positions below 14.35 with targets at 10.50 & 8.50 in extension. Alternative scenario:above 14.35 look for further upside with 17.50 & 20.50 as targets. Comment:the RSI shows downside momentum. Our key levels: Pivot Last 14.35 12.63…
Three Outside – Normally it should be a signal of reversal of the current Trend. – You can find it in the variants: Up and Down, depending on the Trend in which is located. Three Outside Up
Three Outside – Normally it should be a signal of reversal of the current Trend. – You can find it in the variants: Up and Down, depending on the Trend in which is located. Three Outside Down – It occurs during an…
Three Line Strike – Normally it should be a signal of continuation of the current Trend. – You can find it in the variants: Bullish and Bearish, depending on the Trend in which is located. Bullish Three Line Strike – It occurs…
Three Inside – Normally it should be a signal of reversal of the current Trend. – You can find it in the variants: Up and Down, depending on the Trend in which is located. Three Inside Down
– Normally it should be a signal of reversal of the current Trend. – It occurs during a Downtrend; confirmation is required by the candles that follow the Pattern. – It has a short Real Body, with a Lower Shadow that is long…
Stick Sandwich Pattern – Normally it should be a signal of reversal of the current Trend. – You can find it in the variants: Bullish and Bearish, depending on the Trend in which is located. Bullish Stick Sandwich – It occurs during…
– They have a short Real Body, with a short Upper Shadow and a short Lower Shadow. – They can be white or black. – In the case there is more than one Spinning Top, one after the other, they show the indecision…
– Normally it should be a signal of Bearish reversal of the current Trend. – It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern. – The Real Body is short, with an Upper Shadow that is very…